More economic Good News: US can make 40% profit off of Citigroup stock sales

[Dr.House]

blalalallallalb;llalallblalbalsblalgbb.

Why dont you go watch some more TV and find a new phoney assed hero to worship.

your ideas failed and dfucked everything up.

Get some new ideas that wont crash the world economy for the second time in one lifetime.

How about you address your lying and not concentrate on my television viewing habits?

If you dont want people to comment then quit displaying the church of house all over your every post.

wheres the lie BTW

It's a great show... On tonight at 8:00 EDT - make sure you tune in!

Now, go back and read the article that tells you you're lying...

 

[Oddball]

Didn't say anything about repubs.

But thanks for playing...Johnny has a case of Bardahl for you as a parting gift.

NO of course you would not say anything negative about repubs But the truth exists anyway.

For someone who never claims to have supported Bush...

The evidence is to the contrary of what you claim:

Washington, Jun 12, 2009 - In a letter sent to the White House today, House Republican Leaders urged the President to protect taxpayers and clarify whether the $68 billion in returned Troubled Asset Relief Program (TARP) funds is being used to reduce the debt as the President promised this week. Last week, two Treasury Department nominees issued statements that seem to contradict the President.


Republicans wrote, “As supporters of legislation to ensure that these TARP repayments pay down our enormous national debt and not be recycled by Treasury for other uses, we strongly urge that all such funds be immediately used to pay down the national debt and help restore lost confidence among American taxpayers.”



Thirty-five House Republicans, including Republican Leader John Boehner (R-OH), Whip Eric Cantor (R-VA), Conference Chairman Mike Pence (R-IN), Conference Vice-Chairman Cathy McMorris Rogers (R-WA), Conference Secretary John Carter (R-TX), NRCC Chairman Pete Sessions (R-TX), Chief Deputy Whip Kevin McCarthy (R-CA), Rules Committee Ranking Republican David Dreier (R-CA), and Financial Services Committee Ranking Republican Spencer Bachus (R-AL), signed the letter to the President.


House Republicans Call on President to Protect Taxpayers, Ensure TARP Repayments Pay Down Deficit | Republican Leader John Boehner

Oopsie!

 

[PatekPhilippe]

Treasury could reap 40% profit in sale of some Citigroup stock - USATODAY.com

WASHINGTON — The Treasury Department said Monday that its first sales of Citigroup stock (C) will cover up to 1.5 billion shares.
That would amount to about 20% of the 7.7 billion shares of Citigroup common stock the government owns.

It received the shares as compensation for the financial support it extended to the bank during the height of the financial crisis.

In a statement Monday, Treasury said it plans to proceed with the sales of the Citigroup common stock "in an orderly fashion under a pre-arranged trading plan with Morgan Stanley, Treasury's sales agent."

Treasury did not disclose in its brief announcement exactly when the stock sales would begin or how long the sales would last.

Treasury said Morgan Stanley has authority to make the sales "under certain parameters" and Treasury expected to give the company the authority to sell additional shares after the initial 1.5 billion shares had been sold.

The sales should earn a tidy profit for the government, which bought the common stock in the summer of 2009 at $3.25 a share. Citigroup closed Friday at $4.86 a share.

Yes this IS GOOD NEWS!!! The Bush TARP fund is being repaid and a nice tidy profit is being realized. Once again congratulations go to Bush and his economic advisors for devising this plan. Too bad Obama and his economic advisors were too fucking stupid to see that their "Stimulus" could have been set up the same way...but instead it was used as a giant slush fund to pay off supporters....WITH NO CHANCE of repayment.

 

[uscitizen]

Didn't say anything about repubs.

But thanks for playing...Johnny has a case of Bardahl for you as a parting gift.

NO of course you would not say anything negative about repubs But the truth exists anyway.

For someone who never claims to have supported Bush...

The evidence is to the contrary of what you claim:

Washington, Jun 12, 2009 - In a letter sent to the White House today, House Republican Leaders urged the President to protect taxpayers and clarify whether the $68 billion in returned Troubled Asset Relief Program (TARP) funds is being used to reduce the debt as the President promised this week. Last week, two Treasury Department nominees issued statements that seem to contradict the President.


Republicans wrote, “As supporters of legislation to ensure that these TARP repayments pay down our enormous national debt and not be recycled by Treasury for other uses, we strongly urge that all such funds be immediately used to pay down the national debt and help restore lost confidence among American taxpayers.”



Thirty-five House Republicans, including Republican Leader John Boehner (R-OH), Whip Eric Cantor (R-VA), Conference Chairman Mike Pence (R-IN), Conference Vice-Chairman Cathy McMorris Rogers (R-WA), Conference Secretary John Carter (R-TX), NRCC Chairman Pete Sessions (R-TX), Chief Deputy Whip Kevin McCarthy (R-CA), Rules Committee Ranking Republican David Dreier (R-CA), and Financial Services Committee Ranking Republican Spencer Bachus (R-AL), signed the letter to the President.


House Republicans Call on President to Protect Taxpayers, Ensure TARP Repayments Pay Down Deficit | Republican Leader John Boehner

Paper cares not what you write on it.
The truth will be shown to those who look for it.

 

[Dr.House]

Didn't say anything about repubs.

But thanks for playing...Johnny has a case of Bardahl for you as a parting gift.

NO of course you would not say anything negative about repubs But the truth exists anyway.

For someone who never claims to have supported Bush...

Dude bashes the Dems and the Repubs....

You need to turn down the morphene drip....

 

[PatekPhilippe]

blalalallallalb;llalallblalbalsblalgbb.

Where are you? At a Democrat "teabag" rally?

 

[NYcarbineer]

You wouldn't know an unfettered market if it hit you on your pointy little head.

Here's one!!

 

[boedicca]

Paper cares not what you write on it.
The truth will be shown to those who look for it.

IOW, you are doing the internet equivlent of sticking your fingers in your ears and blathering "nah nah nah I can't hear you".

 

[uscitizen]

Paper cares not what you write on it.
The truth will be shown to those who look for it.

IOW, you are doing the internet equivlent of sticking your fingers in your ears and blathering "nah nah nah I can't hear you".

I believe nothing Politicians Say and only about 1/2 of what they do becaise of their hidden agendas.
Lets just wait as see that no republicans get any pork out of that repayment money.

 

[Oddball]

You wouldn't know an unfettered market if it hit you on your pointy little head.

Here's one!!

(Shamelessly demagogic image ignored)

*yawn*

 

[uscitizen]

Didn't say anything about repubs.

But thanks for playing...Johnny has a case of Bardahl for you as a parting gift.

NO of course you would not say anything negative about repubs But the truth exists anyway.

For someone who never claims to have supported Bush...

Dude bashes the Dems and the Repubs....

You need to turn down the morphene drip....

You are half right for a change.
LOL on the drip, someone who takes on the net persona of a pain pill addict....
And House is not even short term terminal is he?

 

[NYcarbineer]

You wouldn't know an unfettered market if it hit you on your pointy little head.

Here's one!!

(Shamelessly demagogic image ignored)

*yawn*

Ending slavery was big government imposing extreme anti-business anti-capitalist regulation on the unfettered market.

You're a phoney.

 

[Truthmatters]

Treasury could reap 40% profit in sale of some Citigroup stock - USATODAY.com

WASHINGTON — The Treasury Department said Monday that its first sales of Citigroup stock (C) will cover up to 1.5 billion shares.
That would amount to about 20% of the 7.7 billion shares of Citigroup common stock the government owns.

It received the shares as compensation for the financial support it extended to the bank during the height of the financial crisis.

In a statement Monday, Treasury said it plans to proceed with the sales of the Citigroup common stock "in an orderly fashion under a pre-arranged trading plan with Morgan Stanley, Treasury's sales agent."

Treasury did not disclose in its brief announcement exactly when the stock sales would begin or how long the sales would last.

Treasury said Morgan Stanley has authority to make the sales "under certain parameters" and Treasury expected to give the company the authority to sell additional shares after the initial 1.5 billion shares had been sold.

The sales should earn a tidy profit for the government, which bought the common stock in the summer of 2009 at $3.25 a share. Citigroup closed Friday at $4.86 a share.

Yes this IS GOOD NEWS!!! The Bush TARP fund is being repaid and a nice tidy profit is being realized. Once again congratulations go to Bush and his economic advisors for devising this plan. Too bad Obama and his economic advisors were too fucking stupid to see that their "Stimulus" could have been set up the same way...but instead it was used as a giant slush fund to pay off supporters....WITH NO CHANCE of repayment.

HAHQAHAHAHAHAHAHAHAH

remember how many times we had to remind these people that TARP was done by Bush?

Now that it worked they remembered it was Bush and Paulson. It could have made us a shitload more too but they wanted to get the CEOs their bonuses.

Welcome to kensyian economic thoery, its works better than Unfettered markets thankfully.

 

[Oddball]

Here's one!!

(Shamelessly demagogic image ignored)

*yawn*

Ending slavery was big government imposing extreme anti-business anti-capitalist regulation on the unfettered market.

You're a phoney.

You're really, really going to have to try harder to live down to the douchebaggery of a Truthmattersnot or Jethro Bgfrn, buddy.

But I guess practice will one day make perfect.

 

[Truthmatters]

NO of course you would not say anything negative about repubs But the truth exists anyway.

For someone who never claims to have supported Bush...

Dude bashes the Dems and the Repubs....

You need to turn down the morphene drip....

You are half right for a change.
LOL on the drip, someone who takes on the net persona of a pain pill addict....
And House is not even short term terminal is he?

I think the Dude must be a McCain maverick

 

[Avatar4321]

If that's true then sell it now and let's recoup the money.

 

[Dr.House]

NO of course you would not say anything negative about repubs But the truth exists anyway.

For someone who never claims to have supported Bush...

Dude bashes the Dems and the Repubs....

You need to turn down the morphene drip....

You are half right for a change.
LOL on the drip, someone who takes on the net persona of a pain pill addict....
And House is not even short term terminal is he?

I just like the show... I am not "Dr. House" nor Hugh Laurie...

You're not doing to well today... Perhaps more rest...

 

[boedicca]

Dude bashes the Dems and the Repubs....

You need to turn down the morphene drip....

You are half right for a change.
LOL on the drip, someone who takes on the net persona of a pain pill addict....
And House is not even short term terminal is he?

I just like the show... I am not "Dr. House" nor Hugh Laurie...

You're not doing to well today... Perhaps more rest...

"Take two aspirin and quit posting until the morning."

 

[Dr.House]

Here's one!!

(Shamelessly demagogic image ignored)

*yawn*

Ending slavery was big government imposing extreme anti-business anti-capitalist regulation on the unfettered market.

You're a phoney.

See someone about all that white guilt you got bubbling inside you, fat boy....

There's plenty of shrinks who'd make case studies out of you...

 

[PatekPhilippe]

Treasury could reap 40% profit in sale of some Citigroup stock - USATODAY.com

WASHINGTON — The Treasury Department said Monday that its first sales of Citigroup stock (C) will cover up to 1.5 billion shares.
That would amount to about 20% of the 7.7 billion shares of Citigroup common stock the government owns.

It received the shares as compensation for the financial support it extended to the bank during the height of the financial crisis.

In a statement Monday, Treasury said it plans to proceed with the sales of the Citigroup common stock "in an orderly fashion under a pre-arranged trading plan with Morgan Stanley, Treasury's sales agent."

Treasury did not disclose in its brief announcement exactly when the stock sales would begin or how long the sales would last.

Treasury said Morgan Stanley has authority to make the sales "under certain parameters" and Treasury expected to give the company the authority to sell additional shares after the initial 1.5 billion shares had been sold.

The sales should earn a tidy profit for the government, which bought the common stock in the summer of 2009 at $3.25 a share. Citigroup closed Friday at $4.86 a share.

Yes this IS GOOD NEWS!!! The Bush TARP fund is being repaid and a nice tidy profit is being realized. Once again congratulations go to Bush and his economic advisors for devising this plan. Too bad Obama and his economic advisors were too fucking stupid to see that their "Stimulus" could have been set up the same way...but instead it was used as a giant slush fund to pay off supporters....WITH NO CHANCE of repayment.

HAHQAHAHAHAHAHAHAHAH

remember how many times we had to remind these people that TARP was done by Bush?

Now that it worked they remembered it was Bush and Paulson. It could have made us a shitload more too but they wanted to get the CEOs their bonuses.

Welcome to kensyian economic thoery, its works better than Unfettered markets thankfully.

Glad to see you left that Democrat teabag rally. I hope you washed your mouth out.

At any rate...you and no one on the left EVER had to remind us who implemented the TARP program. Do you know why?

Bush, TARP = SUCCESSFUL
Obama, Stimulus = FAILURE