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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?


To: tonto who wrote (14286)6/24/2009 8:40:57 PM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 103300
 
Re: "Take the time to learn more about banking and TARP."

HaHaHaHa!!!!!!!!!!!!!!!!!!!!!

Hey, tonto! I've got a better idea. Why don't you 'take the time' to come up with a COMPLETE THOUGHT when you post about something? (You know, one that actually clearly identifies what your supposed point is....)

Like when you made a post griping about the TARP bailouts for the big banks, and the banks now paying off those capital injections, (and you seemed to be of the opinion that the poor ole banks were somehow egregiously put-upon by having their asses rescued by the taxpayers when the government *loaned* the banks capital, instead of just 'gifting' money to them....)

You stated that "The interest rate was higher than the lending rate", when you argued on behalf of the poor suffering big banks... but you completely failed to specify what the heck you were referring to... WHAT 'interest rate'? And WHAT 'lending rate'????????

Was it the dividend yield on the Preferred shares of bank stock that was issued to the government that you are upset about?????? Who knows? Because you never specified what part of the TARP program was upsetting you... now that many of the banks are moving to REPAY their loans and buy out the injected capital.