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

[Yurt]

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?

no kidding....the evidence it worked is from two people who supported it....

yeah, i'm the greatest poster alive, just ask me

 

[rightwinger]

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##!!

Try using the actual numbers.

Prior to TARP we were losing 750,000 jobs per month

Last month it was down to 11,000 jobs per month


Like it or not...TARP worked....Thanks to Bush and Obama

 

[garyd]

Unprecedented my ass. We're paying people to buy houses, We're paying stock brokers to buy stock and we're calling a reduction of .2 percent in unemployment - which likely only represents people whose unemployment has run out- and annualized economic growth for one quarter of just under 3 percent in the last quarter when we were also paying people to buy cars an unprecedented recovery. What's next? Shit really is shinola?

 

[Diuretic]

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

I found myself in the strange position of approving Bush's actions when the descent began. It was somewhat surreal.

 

[rightwinger]

Unprecedented my ass. We're paying people to buy houses, We're paying stock brokers to buy stock and we're calling a reduction of .2 percent in unemployment - which likely only represents people whose unemployment has run out- and annualized economic growth for one quarter of just under 3 percent in the last quarter when we were also paying people to buy cars an unprecedented recovery. What's next? Shit really is shinola?

The stock market has recouped $5 trillion in lost value. How did we "pay" for that?

Enjoy your shinola

 

[garyd]

Law of suply and demand clown you pay the stock brokers to by stock and they will and the law of supply and demand will bring stock prices back up. And where the Money come from? We borrowed it form our kids and their Kids and their kids kids....

 

[rightwinger]

Law of suply and demand clown you pay the stock brokers to by stock and they will and the law of supply and demand will bring stock prices back up. And where the Money come from? We borrowed it form our kids and their Kids and their kids kids....

We used $800 billion for TARP. TARP is currently being repaid by the banks. The economic panic was resolved, mortgage lending is returning, stock market gained $5 trillion.

Not a bad investment

 

[ihopehefails]

Law of suply and demand clown you pay the stock brokers to by stock and they will and the law of supply and demand will bring stock prices back up. And where the Money come from? We borrowed it form our kids and their Kids and their kids kids....

We used $800 billion for TARP. TARP is currently being repaid by the banks. The economic panic was resolved, mortgage lending is returning, stock market gained $5 trillion.

Not a bad investment

Thanks Bush! Have you got on your knees and thanked him for all the jobs that were created by that?

 

[rightwinger]

Law of suply and demand clown you pay the stock brokers to by stock and they will and the law of supply and demand will bring stock prices back up. And where the Money come from? We borrowed it form our kids and their Kids and their kids kids....

We used $800 billion for TARP. TARP is currently being repaid by the banks. The economic panic was resolved, mortgage lending is returning, stock market gained $5 trillion.

Not a bad investment

Thanks Bush! Have you got on your knees and thanked him for all the jobs that were created by that?

I think if you look at my earlier post (#3), I credited both Bush and Obama for recognizing that the financial sector must be saved

 

[ihopehefails]

We used $800 billion for TARP. TARP is currently being repaid by the banks. The economic panic was resolved, mortgage lending is returning, stock market gained $5 trillion.

Not a bad investment

Thanks Bush! Have you got on your knees and thanked him for all the jobs that were created by that?

I think if you look at my earlier post (#3), I credited both Bush and Obama for recognizing that the financial sector must be saved

Then why should your side take any credit for it since it was Bush who signed it into law.

 

[ihopehefails]

We used $800 billion for TARP. TARP is currently being repaid by the banks. The economic panic was resolved, mortgage lending is returning, stock market gained $5 trillion.

Not a bad investment

Thanks Bush! Have you got on your knees and thanked him for all the jobs that were created by that?

I think if you look at my earlier post (#3), I credited both Bush and Obama for recognizing that the financial sector must be saved

BTW, its not TARP that people have an issue with. Its Obama's trillion dollar spending bill that is the issue and will destroy the dollar. TARP probably won't have that affect because it was probably just spending money to cover the reserve's credit losses.

 

[rightwinger]

Thanks Bush! Have you got on your knees and thanked him for all the jobs that were created by that?

I think if you look at my earlier post (#3), I credited both Bush and Obama for recognizing that the financial sector must be saved

Then why should your side take any credit for it since it was Bush who signed it into law.

Side? I am on Americas side

TARP worked and I am crediting everyone who supported it.

And to those who still oppose it? NYA..NYA

 

[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##!!

Try using the actual numbers.

Prior to TARP we were losing 750,000 jobs per month

Last month it was down to 11,000 jobs per month


Like it or not...TARP worked....Thanks to Bush and Obama

Tarp was suppose to stop the lose of jobs, not just slow it down.

I guess Hemorrhaging jobs is OK when you are in recovery.

Hell no

Monthly Net Job lost is not a sign of recovery!!

 

[amrchaos]

I think if you look at my earlier post (#3), I credited both Bush and Obama for recognizing that the financial sector must be saved

Then why should your side take any credit for it since it was Bush who signed it into law.

Side? I am on Americas side

TARP worked and I am crediting everyone who supported it.

And to those who still oppose it? NYA..NYA

Listen here, RW

Obama is president, and we Americans are angry and we need some one to bash.

Obama is that go to and bash person right now and trying to keep us from bashing Obama now is like trying to keep us from Bashing Bush after he give a speech.

So stand to the side, and let us bash our President.

Where the damn jobs, Obama!! Stimulus my Ass. Pelosi used that money for her Botox treatment!!​

 

[rightwinger]

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##!!

Try using the actual numbers.

Prior to TARP we were losing 750,000 jobs per month

Last month it was down to 11,000 jobs per month


Like it or not...TARP worked....Thanks to Bush and Obama

Tarp was suppose to stop the lose of jobs, not just slow it down.

I guess Hemorrhaging jobs is OK when you are in recovery.

Hell no

Monthly Net Job lost is not a sign of recovery!!

Actually, the Stimulus plan was supposed to stop the loss of jobs. TARP propped up the financial sector and stopped the economic collapse.

Sorry if you can't see anything positive about going from 750,000 to 11,000 lost jobs a month

 

[C-101]

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.

Right, and we threw money at the problem in the savings and loans crisis in the 80's as well.

Yep, let's just set ourselves up for another bubble economy and hope to God that the next crash won't utterly destroy our financial system.

And it's not like the taxpayers are getting any of the TARP money back. It's been transformed into a slush fund for any and all spending purposes.

Should The TARP Cover Job Creation? - The Atlantic Business Channel

 

[saveliberty]

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.

How do you know TARP worked? No one was required to track the money. Therefore, NO ONE can claim anything about TARP. We are on pace to have a record number of bank failures this year. Does that sound like TARP worked? Other banks paid back the money in less than a year. Does that sound like they needed the money to begin with? What TARP was also supposed to do was put liquidity into the credit market. That to has been a failure for the most part.

 

[Oddball]

TARP worked and I am crediting everyone who supported it.

You cannot prove positive results with negative evidence.

That people are paying back the bailout is more to the credit that they don't want a bunch of imbeciles telling them how to run their businesses, than anything else.

 

[rightwinger]

TARP worked and I am crediting everyone who supported it.

You cannot prove positive results with negative evidence.

That people are paying back the bailout is more to the credit that they don't want a bunch of imbeciles telling them how to run their businesses, than anything else.

So the "socialist" policies of setting strict controls on banks receiving TARP funds worked. Economic crisis averted, economy on the rebound

Well done Bush and Obama

 

[Oddball]

The bad news is that you can't undo TARP and then see what might have happened.

But if you're into sticking pins into voodoo dolls......