Discussion in 'Politics' started by Dante, Dec 4, 2009.
Dipshit Nay Sayers Wrong Again: TARP Working Out Swell!!!
Where did they get that money. From what I heard they got it from another bank in which the reserve simply wrote more zeros at the end of their account to cover it. Nothing was created.
As unpopular as it was. TARP worked. Both Bush and Obama reached the same conclusion...we needed to prevent a collapse of the financial market.
TARP kicked in, the financial panic stopped...the market recovered
Wow...The LA Times quotes Baghdad Ben Bernanke --who is desperately trying to keep his job-- as claiming that the bailouts have worked!
Who saw that coming?!?
BTW...Anyone got a spare $1,200 for an ounce of gold, until payday?
Anyone checked out their 401K lately?
Both sides helped rescue the economy, and it worked.
Oh, so Obama says and all is good and right in the world.....thanks, I feel much better now.
BTW, how's that recovery.org working out?
I think you mean recovery.gov?? They spent $238b of the $787b, so I like the fact that they are spending slowly, hopefully carefully and wisely. I like that the banks are paying back the loans. I hope AIG pays it back too.
Last time I checked our economy is in the process of making an unprecedented recovery. Considering the state we were in just one year ago, the stock market is up 54%, housing sales up 27%, leading economic indicators up for eight consecutive months and just yesterday we had the fewest jobs lost in two years
Good news....unless you are one of those rooting for the economy to fail
The dishonesty or the tragic gullibility exhibited by the drone author of the worthelss OP is sad.
First, of course, nobody said that TARP was the "end of the world." It was criticized (rightfully so) but that kind of crap is a strawman since the critics did not make the claim in the first place.
Secondly, the fact is, the TARP program IS an abomination in light of what this Republic actually stands for.
Thirdly, EVEN IF one were to MAKE the overwrought claim that something is the "end of the world," the fact that so shortly on the heels of the abomination the world has not ended does NOT mean that the claim is disproved. Instead, it MIGHT mean that the EFFECTS have not yet been fully realized and that we are now ON THE ROAD to such destruction. I say that not to support any claim that TARP is the end of the world, it's just good to show the dishonesty and illogicality of the OP's contention.
If DullNev wishes to "debate" the 'merits [sic] of TARP,' that might be a fertile ground for debate. But when the would-be "debate" starts off on such a bogus note, it really isn't worth the effort.
The OP is a putrid little fail.
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