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Politics : American Presidential Politics and foreign affairs

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To: DuckTapeSunroof who wrote (46922)11/8/2010 2:35:27 PM
From: TimF  Read Replies (1) of 71588
 
Bailouts are the issue. If some have the label TARP, and others have different labels, that doesn't mean that the others should be ignored.

Even just limiting it to TARP, as I've alrady said those that have paid back all the TARP money have done so in such a way as to give the government a profit. But a lot of the money has not been paid back, and some of it never will, so its either disingenuous or reflective of a shallow understanding of the whole situation, to say that the government has already profited from TARP. It has not. Until it gets back more than it paid out (and that after taking inflation and other time value of money issue in to consideration), it will not have profited. That hasn't happened.
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