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Politics : American Presidential Politics and foreign affairs

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To: DuckTapeSunroof who wrote (46978)	11/8/2010 4:31:04 PM
From: TimF	Read Replies (1) of 71588

It may have not been the subject of that article, but its the important issue. If you slice the bailouts in to a bunch of different categories, then some of them may turn out to be paid back in the end, or even turn a profit, but looking at one category is only looking at a small piece of the picture, and if its the only one presented than it distorts the image of the whole picture. And again, even if we limit ourselves to that one piece of the picture and only consider TARP. TARP has not been profitable. The government has paid out more in TARP than it has been paid back. No profit has been realized. The article claims a profit (or reports the claims made by others) by only considering a small piece of a piece, not looking at all the bailout money, or even all the TARP money, but the TARP money from companies that have actually paid back the money. That's like saying a bank that can't get its money back on many of its loans is profitable because the ones that have been paid back resulted in a profit for the bank.

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