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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?


To: RMF who wrote (71517)9/4/2009 2:24:23 AM
From: Jorj X Mckie1 Recommendation  Read Replies (4) | Respond to of 224723
 
I think the bailout funds will be paid back and likely at a profit to the U.S. taxpayer.

and how exactly will we realize those profits? are we going to get a check that says "profits from your government mandated investment in the financial industry"? Will we get interest? or maybe we'll get some nice healthy tax cuts? LOL...yeah right.

Seriously, tell me how you expect those profits to manifest in a way that Joe Taxpayer benefits as an individual.

I didn't really STUDY the stimulus bill so I can't tell you exactly what was good or bad about it
Then how can you support it???
But then again, that was kind of the way it was rammed through congress before anybody could study it.

Maybe YOU could go over it and tell ALL of us how badly it was conceived.
I've had direct experience with people who are spending stimulus money. it's a joke. The only people who are benefitting (in the things that I am involved in) are government employes (state and local). It's actually amusing to see the government employees trying to figure out how to spend the money in a way that builds their little empire. But that's not the important part. It isn't my job to discredit it, it is Obama's job to justify spending MY dollars. He hasn't done that. Instead, everything i have seen is about feathering the beds of his direct supporters.



To: RMF who wrote (71517)9/4/2009 2:46:44 PM
From: Sedohr Nod4 Recommendations  Read Replies (2) | Respond to of 224723
 
I think the bailout funds will be paid back and likely at a profit to the U.S. taxpayer

I would estimate that to be the optimistic view.....Personally, I would be shocked to the point of incipient seizure just to learn they had a good accounting of where all the money went.

Your faith in government performance is what continues to separate you from the average poster on this thread.



To: RMF who wrote (71517)9/6/2009 1:21:41 AM
From: Jorj X Mckie  Read Replies (1) | Respond to of 224723
 
Message 25921134

To: mishedlo who wrote (101657) 9/6/2009 12:40:21 AM
From: Killswitch of 101663

An interesting chart here showing how the Japanese stock market tumbled down shortly after each time the government stimulus packages peaked.

seekingalpha.com

From what I can piece together via Figure F at this link below it looks like our current stimulus package's peak impact on GDP will be in this quarter, Q309. So I suppose a stock market top could occur within 6 months after this quarter?

epi.org