The Drivebys Attempt To Blame Palin For The Bailouts

Only in your hazy little mind are they catching Obama in lies.

All the time, but he never has to address them and most don't have the stones to call him out in fear of Chicago thug political retaliation.


Name some

Stimulus:

It will keep unemployment below 8%.... :lol:

Healthcare:

Choice and competition .... :lol:

Illegals will not be covered, it will not fund abortions, i will not sign a bill that adds to the debt.

Lobbyists:

I'm the only candidate who isn't taking a dime from Washington lobbyists.


I could go on all day long ......
 
Think Progress » Palin: ‘What The Bailout Does Is Help Those Who Are Concerned About Health Care Reform’


COURIC: Why isn’t it better, Governor Palin, to spend $700 billion helping middle-class families struggling with health care, housing, gas and groceries? … Instead of helping these big financial institutions that played a role in creating this mess?

PALIN: Ultimately, what the bailout does is help those who are concerned about the health care reform that is needed to help shore up the economy– Oh, it’s got to be about job creation too. So health care reform and reducing taxes and reining in spending has got to accompany tax reductions.
 
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All the time, but he never has to address them and most don't have the stones to call him out in fear of Chicago thug political retaliation.


Name some

Stimulus:

It will keep unemployment below 8%.... :lol:
If he had gotten the original amount he wanted it would have. BTW that is a prediction not a statement of fact.
Healthcare:

Choice and competition .... :lol:
Prove it will not
Illegals will not be covered, it will not fund abortions, i will not sign a bill that adds to the debt.
Prove it will
Lobbyists:

I'm the only candidate who isn't taking a dime from Washington lobbyists.
You have to go pull proof of the quote and the date and then show he had taken lobbyist money prior to that date.

I could go on all day long ......


You can fail all day long is what you mean
 
Troubled Asset Relief Program - Wikipedia, the free encyclopedia


The Congressional Budget Office released a report in January 2009 reviewing the transactions enacted through the TARP. The CBO found that through December 31, 2008, transactions under the TARP totaled $247 billion. According to the CBO's report, the Treasury had purchased $178 billion in shares of preferred stock and warrants from 214 U.S. financial institutions through its Capital Purchase Program (CPP). This included the purchase of $40 billion of preferred stock in AIG, $25 billion of preferred stock in Citigroup, and $15 billion of preferred stock in Bank of America. The Treasury also agreed to lend $18.4 billion to General Motors and Chrysler. The Treasury, along with the FDIC and the Federal Reserve, has also agreed to guarantee a $306 billion portfolio of assets owned by Citigroup.[31]


Now add up those numbers in Jan 09 and realize how much was already commited before Obama took office
 
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Tarp was 700

$400 billion was doled out during the Bush Administration.

The rest was given out during the Obama Administration. So in effect the problem is Obama's.

On February 10, 2009, the newly confirmed Secretary of the Treasury Timothy Geithner outlined his plan to use the $300 billion or so dollars remaining in the TARP funds. He intended to use $50 billion for foreclosure mitigation and use the rest to help fund private investors to buy toxic assets from banks. Nevertheless, this highly anticipated speech coincided with a nearly 5 percent drop in the S&P 500 and was criticized for being short on details.[16]

On March 23, 2009, U.S. Treasury Secretary Timothy Geithner announced a Public-Private Investment Program (P-PIP) to buy toxic assets from banks' balance sheets. The major stock market indexes in the United States rallied on the day of the announcement rising by over six percent with the shares of bank stocks leading the way. [17] P-PIP has two primary programs. The Legacy Loans Program will attempt to buy residential loans from bank's balance sheets. The FDIC will provide non-recourse loan guarantees for up to 85 percent of the purchase price of legacy loans. Private sector asset managers and the U.S. Treasury will provide the remaining assets. The second program is called the legacy securities program, which will buy mortgage backed securities (RMBS) that were originally rated AAA and commercial mortgage-backed securities (CMBS) and asset-backed securities (ABS) which are rated AAA. The funds will come in many instances in equal parts from the U.S. Treasury's Troubled Asset Relief Program monies, private investors, and from loans from the Federal Reserve's Term Asset Lending Facility (TALF). The initial size of the Public Private Investment Partnership is projected to be $500 billion.[18] Economist and Nobel Prize winner Paul Krugman has been very critical of this program arguing the non-recourse loans lead to a hidden subsidy that will be split by asset managers, banks' shareholders and creditors. [19] Banking analyst Meridith Whitney argues that banks will not sell bad assets at fair market values because they are reluctant to take asset write downs.[20] Removing toxic assets would also reduce the volatility of banks' stock prices. This lost volatility will hurt the stock price of distressed banks. Therefore, such banks will only sell toxic assets at above market prices. [21]

On April 19, the Obama administration outlined the conversion of Banks Bailouts to Equity Share.[22]

Troubled Asset Relief Program - Wikipedia, the free encyclopedia
 
Name some

Stimulus:

It will keep unemployment below 8%.... :lol:
If he had gotten the original amount he wanted it would have. BTW that is a prediction not a statement of fact.
Healthcare:

Choice and competition .... :lol:
Prove it will not
Illegals will not be covered, it will not fund abortions, i will not sign a bill that adds to the debt.
Prove it will
Lobbyists:

I'm the only candidate who isn't taking a dime from Washington lobbyists.
You have to go pull proof of the quote and the date and then show he had taken lobbyist money prior to that date.

I could go on all day long ......


You can fail all day long is what you mean


1) He and anyone with a brain knew the Stimulus wouldn't keep unemployment below 8%.

2) How can he be for "choice and competition" when the man is on record saying he wants a single payer system ? Because he's a liar and can't come out and say he's for single payer again because only left wing nuts would support it.

3) Joe Wilson was right and it's been proven, i'm not looking it up again.

4) “I am the only candidate who isn’t taking a dime from Washington lobbyist” - LIAR- The record shows quite the opposite. According to USA Today, Obama’s campaign fundraising team includes 38 members of law firms that were paid $138 million last year to lobby the federal government, records show. Those lawyers, including 10 former federal lobbyists, have pledged to raise at least $3.5 million for the Illinois senator’s presidential race. Employees of their firms have given Obama’s campaign $2.26 million, a USA TODAY analysis of campaign finance data shows.


Obama tied to lobbyists, but boasts of not taking money - USATODAY.com

failroad-1.jpg
 
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Stimulus:

It will keep unemployment below 8%.... :lol:
If he had gotten the original amount he wanted it would have. BTW that is a prediction not a statement of fact.
Healthcare:

Choice and competition .... :lol:
Prove it will not
Illegals will not be covered, it will not fund abortions, i will not sign a bill that adds to the debt.
Prove it will
Lobbyists:

I'm the only candidate who isn't taking a dime from Washington lobbyists.
You have to go pull proof of the quote and the date and then show he had taken lobbyist money prior to that date.

I could go on all day long ......


You can fail all day long is what you mean


1) He and anyone with a brain knew the Stimulus wouldn't keep unemployment below 8%.
Again no proof on your part
2) How can he be for "choice and competition" when the man is on record saying he wants a single payer system ? Because he's a liar and can't come out and say he's for single payer again because only left wing nuts would support it.
Becuase he is compromising with the likes of you who refuse to see that se will end up with a single payer system someday out of sheer nessesity. Still no lie proved by you
3) Joe Wilson was right and it's been proven, i'm not looking it up again.

4) “I am the only candidate who isn’t taking a dime from Washington lobbyist” - LIAR- The record shows quite the opposite. According to USA Today, Obama’s campaign fundraising team includes 38 members of law firms that were paid $138 million last year to lobby the federal government, records show. Those lawyers, including 10 former federal lobbyists, have pledged to raise at least $3.5 million for the Illinois senator’s presidential race. Employees of their firms have given Obama’s campaign $2.26 million, a USA TODAY analysis of campaign finance data shows.Please note the word FORMER in that statement. They were no longer lobbyist at the time huh.

NO LIE PROVEN BY YOU



Obama tied to lobbyists, but boasts of not taking money - USATODAY.com

failroad-1.jpg

You failed
 
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Try her VP debate.




Sarah Palin: Unfortunately, that is the road that America may find itself on. Not necessarily this, as it's been proposed, has to pass or we're gonna find ourselves in another Great Depression. But there has to be action taken, bipartisan effort—Congress not pointing fingers at this point at...one another, but finding the solution to this, taking action and being serious about the reforms on Wall Street that are needed


Really? Is that your definition of her supporting the bailout? Her saying that "something" needs to be done. Did you miss the "not necessarily this" part?

That is a good point. I think she was trying to appear supportive of her running mate McCain but at the same time trying to say that she did not support that specific action.
 
Palin.jpg



There was a massive effort last week timed to coincide with the release of Sarah Palin's book "Going Rogue" to blame her for the bailouts.

Reporters were asking people waiting in line if they know Palin supported bailouts and that she was directly responsible for the bad economy, yet Obama gets a pass.

Sarah Palin was part of the McCain ticket which supported TARP which was used to bail out banks, GM and Chrysler. It amounted to about $400 billion dollars. Eventually the Obama used it as a way to influence these bailed out companies to fire their CEOs and hire friends of Obama.

The result is many of these banks are attempting to pay it back even though they don't have to money to do it. GM and Chrysler would have been better off if they had not taken the funds because they're currently trailing Ford, who never took a cent, in sales and profits. It's a lesson that one should learn, never take money from the government.

But one must ask the question, how can the media blame Sarah Palin for the bailouts when in fact she had nothing to do with it, and at the same time give Obama a complete pass on it even though he voted for the TARP bill and signed into law the Stimulus Bill? He is directly responsible for signing into law bills that have more then tripled the deficit.

3289200217_31461e4abe.jpg

[Obama signs Stimulus Package]

Let's face it, facts don't matter anymore. Spin is everything. How can we trust a President that can pretty much get away with just about anything. He can't be blamed for this mess, a mess he helped to cause. Let's not forget he chaired the TARP meetings in the White House. How can anyone claim this is all Boooooooosh's fault? And why do they think they can get away with blaming it on Sarah Palin now?

You mean like your little embellished story which creates the false premise that Obama is blaming Palin for the deficit? Spin, dear person, pure unadulterated spin. God you people are dumb. You can't even recognize it when you do precisely the same thing you complain about.
 
Palin was pro bailout.

That is what is being said and its the truth.

And that to you closes the matter?

She supported what the campaign supported.

It doesn't mean she had anything to do with it......like Obama did.

Problem is she had her reservations on the TARP bill. She has made that clear recently.

But Obama supported all of it and he gets a pass. Does that change your opinion of him??

Most likely no.

Just the fact that you think Obama is "getting a pass" speaks volumes about your comprehension skills.
 
Sarah Palin: Unfortunately, that is the road that America may find itself on. Not necessarily this, as it's been proposed, has to pass or we're gonna find ourselves in another Great Depression. But there has to be action taken, bipartisan effort—Congress not pointing fingers at this point at...one another, but finding the solution to this, taking action and being serious about the reforms on Wall Street that are needed


Really? Is that your definition of her supporting the bailout? Her saying that "something" needs to be done. Did you miss the "not necessarily this" part?

That is a good point. I think she was trying to appear supportive of her running mate McCain but at the same time trying to say that she did not support that specific action.



Think Progress » Palin: ‘What The Bailout Does Is Help Those Who Are Concerned About Health Care Reform’


COURIC: Why isn’t it better, Governor Palin, to spend $700 billion helping middle-class families struggling with health care, housing, gas and groceries? … Instead of helping these big financial institutions that played a role in creating this mess?

PALIN: Ultimately, what the bailout does is help those who are concerned about the health care reform that is needed to help shore up the economy– Oh, it’s got to be about job creation too. So health care reform and reducing taxes and reining in spending has got to accompany tax reductions.


She voiced support for it more than once
 
Palin.jpg



There was a massive effort last week timed to coincide with the release of Sarah Palin's book "Going Rogue" to blame her for the bailouts.

Reporters were asking people waiting in line if they know Palin supported bailouts and that she was directly responsible for the bad economy, yet Obama gets a pass.

Sarah Palin was part of the McCain ticket which supported TARP which was used to bail out banks, GM and Chrysler. It amounted to about $400 billion dollars. Eventually the Obama used it as a way to influence these bailed out companies to fire their CEOs and hire friends of Obama.

The result is many of these banks are attempting to pay it back even though they don't have to money to do it. GM and Chrysler would have been better off if they had not taken the funds because they're currently trailing Ford, who never took a cent, in sales and profits. It's a lesson that one should learn, never take money from the government.

But one must ask the question, how can the media blame Sarah Palin for the bailouts when in fact she had nothing to do with it, and at the same time give Obama a complete pass on it even though he voted for the TARP bill and signed into law the Stimulus Bill? He is directly responsible for signing into law bills that have more then tripled the deficit.

3289200217_31461e4abe.jpg

[Obama signs Stimulus Package]

Let's face it, facts don't matter anymore. Spin is everything. How can we trust a President that can pretty much get away with just about anything. He can't be blamed for this mess, a mess he helped to cause. Let's not forget he chaired the TARP meetings in the White House. How can anyone claim this is all Boooooooosh's fault? And why do they think they can get away with blaming it on Sarah Palin now?

You mean like your little embellished story which creates the false premise that Obama is blaming Palin for the deficit? Spin, dear person, pure unadulterated spin. God you people are dumb. You can't even recognize it when you do precisely the same thing you complain about.

Obama responsible?

That would mean that Obama has paid off under the table every Liberal media outlet in America.

I didn't say that. Although I've heard it was the case.

No, Obama floats along having caused this catastrophe and getting none of the blame yet the media sees fit to blame Sarah Palin, somebody that had nothing to do with it, for everything.
 
11 AP factcheckers on this book. How many assigned to read the healthcare bill?

What's the point of reading it when it will be poured over on the Senate floor, line by line? I read the first House bill which was a big fat waste of time and energy debating what was in IT at the time. I knew all along it was DOA before the Senate Finance Committee had a shot at their draft.
 
Palin was pro bailout.

That is what is being said and its the truth.

And that to you closes the matter?

She supported what the campaign supported.

It doesn't mean she had anything to do with it......like Obama did.

Problem is she had her reservations on the TARP bill. She has made that clear recently.

But Obama supported all of it and he gets a pass. Does that change your opinion of him??

Most likely no.

Just the fact that you think Obama is "getting a pass" speaks volumes about your comprehension skills.

Obama claims he inherited all of this.....

The media goes along with him....even though Fox News won't.....and that really burns his ass.

So instead of focusing on the causes Sarah Palin is blamed for the bailouts by the media....guilt by association.

To a person living in denial thats all they need.

During the campaign silly remarks made by Obama and Biden were constantly attributed to Sarah Palin. People who weren't paying attention showed this was the case. So once again Obama's mess is being blamed on a straw man.
 
Troubled Asset Relief Program - Wikipedia, the free encyclopedia


The Congressional Budget Office released a report in January 2009 reviewing the transactions enacted through the TARP. The CBO found that through December 31, 2008, transactions under the TARP totaled $247 billion. According to the CBO's report, the Treasury had purchased $178 billion in shares of preferred stock and warrants from 214 U.S. financial institutions through its Capital Purchase Program (CPP). This included the purchase of $40 billion of preferred stock in AIG, $25 billion of preferred stock in Citigroup, and $15 billion of preferred stock in Bank of America. The Treasury also agreed to lend $18.4 billion to General Motors and Chrysler. The Treasury, along with the FDIC and the Federal Reserve, has also agreed to guarantee a $306 billion portfolio of assets owned by Citigroup.[31]
Now add up those numbers in Jan 09 and realize how much was already commited before Obama took office

Lets remember who was president for 8 years and had a republican majority in both houses most of that time when the need developed for a bailout.

Then lets add up the real number and realize who spent it.
 
Think Progress » Palin: ‘What The Bailout Does Is Help Those Who Are Concerned About Health Care Reform’


COURIC: Why isn’t it better, Governor Palin, to spend $700 billion helping middle-class families struggling with health care, housing, gas and groceries? … Instead of helping these big financial institutions that played a role in creating this mess?

PALIN: Ultimately, what the bailout does is help those who are concerned about the health care reform that is needed to help shore up the economy– Oh, it’s got to be about job creation too. So health care reform and reducing taxes and reining in spending has got to accompany tax reductions.

COURIC: Why isn’t it better, Governor Palin, to spend $700 billion helping middle-class families struggling with health care, housing, gas and groceries? Allow them to spend more and put more money into the economy? Instead of helping these big financial institutions that played a role in creating this mess?

PALIN: That’s why I say, I like ever American I’m speaking with were ill about this position that we have been put in where it is the tax payers looking to bailout.

But ultimately, what the bailout does is help those who are concerned about the health care reform that is needed to help shore up the economy– Helping the — Oh, it’s got to be about job creation too. Shoring up our economy and putting it back on the right track. So health care reform and reducing taxes and reining in spending has got to accompany tax reductions and tax relief for Americas. A

She is actually contradicting Katie's theory about a bailout to help the middle class vs tax cuts for the wealthy. Katie asked her "Why is it better?" as in comparing the two ideas and she goes on to say that the bailout helps those who want health care reform which is something she opposed so she is saying that tax reductions have got to be a part of the plan to for health care reform aka reducing taxes allows people to spend their own money on health care reform for themselves. And that is consistent with John McCain's position about a $5000 tax break for health insurance.
 
You are insane if you think Obama caused this mess.

No man. You are insane you think Obama didn't make it much worse because the minute he got elected we 700,000 jobs loss because every business in the world knows that the democrats will tax them to death so they stopped investing and the expansion of the deficit happen AFTER Bush left office and not before.
 

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