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

To: SilentZ who wrote (663222)	7/21/2012 8:44:23 AM
From: steve harris	1 Recommendation Read Replies (1) \| Respond to of 1577020

Thanks for responding. They used TARP money to buy preferred shares of bank stock, which were definitely troubled assets at that point. No, not even close. Dead wrong. en.wikipedia.org Except that ain't true. From the research you made me do yesterday, I found that Warren took over the oversight of TARP on November 14th, 2008. When did the revisions get made? Lookee here: "On October 14, 2008, Secretary of the Treasury Henry Paulson and President Bush separately announced revisions to the TARP program." No, you ain't dodging that one either. She oversaw the money being passed out under her watch, she should have blown the whistle because the money was not being spent as defined in the legislation passed in the house and senate. She is as guilty of fraud as Paulson was, spending allocated taxpayer monies for anything outside it's intended purpose. Lot of local politicians are in jail for spending money from budgets on stuff not authorized. How many times have I seen you defend said bonuses? Many times. Corporate bonuses are not illegal. Companies can pay thier employees whatever they want. Politicians funding them with taxpayer money is embezzlement in my book. Solyndra ring a bell?

To: SilentZ who wrote (663222)	7/21/2012 11:56:36 AM
From: i-node	1 Recommendation Respond to of 1577020

>> They used TARP money to buy preferred shares of bank stock, which were definitely troubled assets at that point. Clueless.