Nay Sayers Wrong Again: TARP Not End Of world!!!

[Procrustes Stretched]

Dipshit Nay Sayers Wrong Again: TARP Working Out Swell!!!

"It turns out, actually, TARP -- as wildly unpopular as it has been -- has been much cheaper than any of us anticipated," President Obama said Thursday at a White House summit on creating jobs.

Federal Reserve Chairman Ben S. Bernanke, who pushed for the fund's creation, made a similar point at a Senate hearing Thursday on his nomination to a second term.

"Unlike some of the scare stories about $700 billion being thrown away, I do believe . . . in the end that there'll be something close to a break-even there," Bernanke said.

The TARP fund may break even, that is, on its first and biggest use of taxpayer money: investing billions -- $205 billion as of Monday -- directly in banks.

 

[ihopehefails]

Dipshit Nay Sayers Wrong Again: TARP Working Out Swell!!!

"It turns out, actually, TARP -- as wildly unpopular as it has been -- has been much cheaper than any of us anticipated," President Obama said Thursday at a White House summit on creating jobs.

Federal Reserve Chairman Ben S. Bernanke, who pushed for the fund's creation, made a similar point at a Senate hearing Thursday on his nomination to a second term.

"Unlike some of the scare stories about $700 billion being thrown away, I do believe . . . in the end that there'll be something close to a break-even there," Bernanke said.

The TARP fund may break even, that is, on its first and biggest use of taxpayer money: investing billions -- $205 billion as of Monday -- directly in banks.

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.

 

[rightwinger]

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

 

[Oddball]

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?

 

[rightwinger]

Anyone checked out their 401K lately?

 

[Chris]

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

It's true.

Both sides helped rescue the economy, and it worked.

 

[Arawyn]

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?

 

[kyzr]

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.

Recovery.gov

 

[rightwinger]

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?

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

 

[Liability]

Dipshit Nay Sayers Wrong Again: TARP Working Out Swell!!!

"It turns out, actually, TARP -- as wildly unpopular as it has been -- has been much cheaper than any of us anticipated," President Obama said Thursday at a White House summit on creating jobs.

Federal Reserve Chairman Ben S. Bernanke, who pushed for the fund's creation, made a similar point at a Senate hearing Thursday on his nomination to a second term.

"Unlike some of the scare stories about $700 billion being thrown away, I do believe . . . in the end that there'll be something close to a break-even there," Bernanke said.

The TARP fund may break even, that is, on its first and biggest use of taxpayer money: investing billions -- $205 billion as of Monday -- directly in banks.

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.

 

[rightwinger]

Dipshit Nay Sayers Wrong Again: TARP Working Out Swell!!!

"It turns out, actually, TARP -- as wildly unpopular as it has been -- has been much cheaper than any of us anticipated," President Obama said Thursday at a White House summit on creating jobs.

Federal Reserve Chairman Ben S. Bernanke, who pushed for the fund's creation, made a similar point at a Senate hearing Thursday on his nomination to a second term.

"Unlike some of the scare stories about $700 billion being thrown away, I do believe . . . in the end that there'll be something close to a break-even there," Bernanke said.

The TARP fund may break even, that is, on its first and biggest use of taxpayer money: investing billions -- $205 billion as of Monday -- directly in banks.

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.

Other than your screed "Secondly, the fact is, the TARP program IS an abomination in light of what this Republic actually stands for."

Do you hae any actual facts?

TARP worked, the economy didn't collapse, we are in the midst of a recovery.

Prove otherwise

 

[Liability]

Dipshit Nay Sayers Wrong Again: TARP Working Out Swell!!!

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.

Other than your screed "Secondly, the fact is, the TARP program IS an abomination in light of what this Republic actually stands for."

Do you hae any actual facts?

TARP worked, the economy didn't collapse, we are in the midst of a recovery.

Prove otherwise

Hm. I have yet to see any evidence that you "hae" any actual thoughts.

You have the burden old girl.

Prove that TARP worked. The economy still sucks ass.

In fact, the economy is arguably much worse BECAUSE of TARP.

Prove YOUR contention.

I'll be waiting.

 

[rightwinger]

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.

Other than your screed "Secondly, the fact is, the TARP program IS an abomination in light of what this Republic actually stands for."

Do you hae any actual facts?

TARP worked, the economy didn't collapse, we are in the midst of a recovery.

Prove otherwise

Hm. I have yet to see any evidence that you "hae" any actual thoughts.

You have the burden old girl.

Prove that TARP worked. The economy still sucks ass.

In fact, the economy is arguably much worse BECAUSE of TARP.

Prove YOUR contention.

I'll be waiting.

Sorry...no biting little lady

I challenged you to provide any proof that TARP did not work....as usual, you wiffed
I posted my data on the economic reversal after TARP, your turn little lady

 

[Oddball]

Anyone checked out their 401K lately?

Don't have one....Self-emploued and all that rot.

Not eligible for unemployment, workman's comp or any other trappings of the socialistic welfare/nanny state either.

But my cache of collectible coins and bullion is kicking ass, if that helps any.

 

[rightwinger]

Anyone checked out their 401K lately?

Don't have one....Self-emploued and all that rot.

Not eligible for unemployment, workman's comp or any other trappings of the socialistic welfare/nanny state either.

But my cache of collectible coins and bullion is kicking ass, if that helps any.

Congratulations.....

Diversify if you get the chance

 

[Avatar4321]

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

Got to admit. It is an unprecedented recovery. Ive never seen a recovery where things get worse.

Now since you guys are all saying that TARP worked, what exactly has it done?

 

[rightwinger]

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?

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

OK TARP bashers..your turn

Economy has made an unprecidented recovery since TARP and stimulus

"Economy will fail" anyone???

 

[Avatar4321]

OK TARP bashers..your turn

Economy has made an unprecidented recovery since TARP and stimulus

"Economy will fail" anyone???

The only thing missing is the actual recovery.

 

[Oddball]

OK TARP bashers..your turn

Economy has made an unprecidented recovery since TARP and stimulus

"Economy will fail" anyone???

The only thing missing is the actual recovery.

The first recovery-less recovery is truly historic!

 

[amrchaos]

TARP worked so well that the private sector is only losing 10,000 jobs a month instead of 20,000!!


I guess that is what Democrats call progressivism!!!


Until the Dems perform some real substantial progress, you can kiss A##!!