I’m trying to discern your motive. It’s as if you supported TARP. Then you reconcile it with, they all paid it back.
Well, that’s wonderful. Imagine if any one of us could accept a few billion for a few months/years, and what we might do with it. I figure with a few choice investments, I could pay the govt back while making a mill or two. Do you think this is what they did?
Nevermind, they would never do that.
This is why they penalized their executives, and no bonuses were given to any of them./s
1. We know that Todd has a lot of detailed knowledge about some things going on in the financial industry, peculiar technical things about trading financial securities so he has access to or instruction by the financial services "industry."
2. He is salaried. If this were not enough we would have guessed based on his inability to pick up on substantive clues that make a difference about things that he is not a trader, or at least not a very good one. He could be doing back office work. He is too egomaniacal and lacks the smoothness to be very good at anything involving relations with others. Perhaps he does clerical work at the FED, an institution he cannot bring himself to say one bad word about. In fact, he more than anyone around here defends everything the FED does. He could be a gofer for one of the FED governors.
3. He has very limited knowledge about basic economic principles, you know like printing money steals from those who engage in productive enterprise.
4. He is basically immoral.
5. Despite his ignorance about fundamental economics he has an unshakable faith in his sense of intellectual self-superiority. He must have studied a soft subject like sociology at an ivy league institution to combine such arrogance and ignorance in one package.
6. He obviously gets angry and defensive when you call him a shill, but he continues to shill anyway. Someone must be paying him for this.
Motive for what? Trying to reduce the ignorance on these subjects?
It’s as if you supported TARP.
I did.
Then you reconcile it with, they all paid it back.
The banks paid back their portion, at a profit to the Treasury.
I figure with a few choice investments, I could pay the govt back while making a mill or two.
Which choice investments would you have made?