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Politics : Formerly About Advanced Micro Devices
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To: Road Walker who wrote (508033)8/26/2009 6:12:39 PM
From: tejek1 Recommendation  Read Replies (1) of 1577007
 
BTW TARP was passed by the Dem congress. That was when Bush was in hiding. And the Obama team implemented it... in a totally different way than first intended. The Dems get ALL the credit.

Plus, they got millions of shares of the bank stocks. Think of Citi alone.....they bought in when the stock was worth $1.....now its worth $4.....book is $7. Deutsche bank thinks it will be worth $20 in a year. BAC was worth $3 when the feds bought in.....now its worth $17 on its way to $25. The Feds can start selling shares in Sept. How much you want to bet they don't and let the shares ride? When they do sell, Obama is going to look like a financial genius.

I can't wait.......then during next year's elections, they can pull the quotes from all the loser R congressmen who voted against TARP! The party of fiscal responsibility is going to look like the party of fiscal stupidity......worse than they do now.
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