Formerly About Advanced Micro Devices Message Board

STOCKTALK

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 : Formerly About Advanced Micro Devices

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: i-node who wrote (775167)	3/16/2014 12:44:41 PM
From: steve harris	1 Recommendation Recommended By bentway Read Replies (2) of 1579811

Well, everyone has his two cents, but the truth is TARP probably saved our collective bacon. How? Not a penny of TARP went to any toxic assets on the books. Bush used an executive order to let Paulson give the money to his friends. Remember Santelli's rant on CNBC about why in the hell should you pay for someone else's house? Read the Congress TARP bill that was passed, then notice how Bush took that check and spent it on Wallstreet to prop up stocks of his friends that were facing their stock prices plummeting. en.wikipedia.org On December 19, 2008, President Bush used his executive authority to declare that TARP funds may be spent on any program that Secretary of Treasury Henry Paulson, [18] deemed necessary to alleviate the financial crisis. This is embezzlement in my opinion Dave. The fact that Bush got away with it thanks to Elizabeth Warren and her congressional oversight committee looking the other way, still makes it embezzlement. Some of TARP even went overseas! Those same toxic assets are still on the books........

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next