SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : American Presidential Politics and foreign affairs

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: DuckTapeSunroof who wrote (40439)1/14/2010 6:43:11 PM
From: TimF  Read Replies (1) of 71588
 
*without* repaying the taxpayers for their TARP bailouts

If it was a loan or something otherwise given with the communicated understanding that it should be paid back, then it should be paid back.

Straight out grants, well if you give the money to someone without preconditions than its theirs. The government really doesn't have any right to demand payback. This isn't payback, its taxation. Raising these taxes is different than having it paid back, its not "if we gave you a billion, you give us back a billion", its imposing fees/taxes on the banks, apparently with no direct connection to the amount of money they received. Instead its based on size, leverage levels, and probably some other categories or qualifications, which aren't clear right now.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext