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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Alighieri who wrote (562060)4/20/2010 6:52:14 PM
From: one_less  Respond to of 1572018
 
That certainly seems good. I'll lurk to see if there are any nay sayers who want contend that conclusion.



To: Alighieri who wrote (562060)4/20/2010 8:42:37 PM
From: tejek  Read Replies (1) | Respond to of 1572018
 
Hmmm ... that looks like a job for Tim F. I've no patience with financial docs because there is too much 'this is good' oh but 'that is pretty bad' yet 'on the positive side' blah blah blah

I'll net it out for you...the current estimate is that TARP is likely to cost the american taxpayer $85B, down from $365B. A bargain considering that we avoided a financial catastrophe.


And that might be hi-balling it. Most of the banks have paid or are paying back their TARP monies. The two culprits that could cause problems are GM and AIG and both seem to be doing much better.



To: Alighieri who wrote (562060)4/20/2010 9:45:25 PM
From: i-node1 Recommendation  Read Replies (2) | Respond to of 1572018
 
>> I'll net it out for you...the current estimate is that TARP is likely to cost the american taxpayer $85B, down from $365B. A bargain considering that we avoided a financial catastrophe.

Except that Obama and the Ds see the money as a sort of slush fund, "free money", with which they can do anything they please.

It is great Bush's TARP program saved us from disaster and is being repaid. But how does that help matters if Obama is just going to blow the money when it is paid back?