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To: Toddsterpatriot

not even Bush billion $ bailout was fully refunded. The only thing that came out of the last audit was that another surprise $16 TRILLION had been secretly “loaned” out by the Federal Reserve. They are still “loaning” it out, show me anywhere, where it was all paid out.

http://www.usnews.com/opinion/blogs/economic-intelligence/2013/06/26/federal-reserve-slow-to-write-rules-preventing-future-wall-street-bailouts


13 posted on 08/23/2014 3:38:25 AM PDT by mgist (.)
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To: mgist
not even Bush billion $ bailout was fully refunded.

The bank portion of TARP was repaid with a profit of billions for the Treasury.

The mortgage modification giveaway, of course, is lost money.

And we lost a bunch on the auto bailout giveaways to the UAW.

They are still “loaning” it out, show me anywhere, where it was all paid out.

Fed Balance Sheet

At the above link, you can see the Fed is currently lending $10 million at the Discount Window. That means all those overnight loans have been repaid. Central Bank Liquidity Swaps, that's the stuff Grayson was whining about in 2009, are currently $75 million. TALF is down to $44 million.

Not sure where you're getting your bad info, but you need better sources.

14 posted on 08/23/2014 7:16:25 AM PDT by Toddsterpatriot (Science is hard. Harder if you're stupid.)
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