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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Elroy Jetson who wrote (104363)	8/9/2009 7:29:00 PM
From: Broken_Clock	1 Recommendation Respond to of 110194

You're a hoot EJ. You see Reagan's idiocy so clearly but what about the savior? You can't see him obliterating every spending record in history? U.S. Rescue May Reach $23.7 Trillion, Barofsky Says (Update3) By Dawn Kopecki and Catherine Dodge bloomberg.com July 20 (Bloomberg) -- U.S. taxpayers may be on the hook for as much as $23.7 trillion to bolster the economy and bail out financial companies, said Neil Barofsky, special inspector general for the Treasury’s Troubled Asset Relief Program. The Treasury’s $700 billion bank-investment program represents a fraction of all federal support to resuscitate the U.S. financial system, including $6.8 trillion in aid offered by the Federal Reserve, Barofsky said in a report released today. “TARP has evolved into a program of unprecedented scope, scale and complexity,” Barofsky said in testimony prepared for a hearing tomorrow before the House Committee on Oversight and Government Reform.

To: Elroy Jetson who wrote (104363)	8/9/2009 7:29:35 PM
From: TH	5 Recommendations Read Replies (2) \| Respond to of 110194

EJ, You seem to have difficulty focusing on the question. Or, if you realize that you cannot address the question and maintain your posture of "correctness", then you just elect to regurgitate the same point you have previously made. They have medications for this now. You also failed to understand that I did not dispute that Reagan's policies had consequences. Rather I was focused on understanding the root cause. We can discontinue this now. When you want to come back and really play, be it chess or go, I'm game. Checkers does not interest me. GT TH