You can pay back your TARP money when we say you can.

Discussion in 'Politics' started by alan1, Apr 21, 2009.

  1. alan1
    Offline

    alan1 USMB Mod Staff Member Supporting Member

    Joined:
    Dec 13, 2008
    Messages:
    18,845
    Thanks Received:
    3,577
    Trophy Points:
    245
    Location:
    Shoveling the ashes
    Ratings:
    +3,769
    HIGHLIGHTS: Geithner testifies on TARP

    Now, that sounds to me like he thinks it's the government's decision when the banks pay back TARP loans. Why can't the banks go ahead and pay them back right now?
    Oh, that's right, if they pay it back, then the government can't tell them how to run their business. You know, simple things like how much to pay people, and who to loan money to.
     
    • Thank You! Thank You! x 1
  2. Annie
    Offline

    Annie Diamond Member

    Joined:
    Nov 22, 2003
    Messages:
    50,847
    Thanks Received:
    4,644
    Trophy Points:
    1,790
    Ratings:
    +4,770
    Yep, if they pay it back 'we' can't get the common stock.
     
  3. alan1
    Offline

    alan1 USMB Mod Staff Member Supporting Member

    Joined:
    Dec 13, 2008
    Messages:
    18,845
    Thanks Received:
    3,577
    Trophy Points:
    245
    Location:
    Shoveling the ashes
    Ratings:
    +3,769
    I'm sure that by "we", you mean the current federal administration.
     
  4. Annie
    Offline

    Annie Diamond Member

    Joined:
    Nov 22, 2003
    Messages:
    50,847
    Thanks Received:
    4,644
    Trophy Points:
    1,790
    Ratings:
    +4,770
    Indeed, but then again, the greater 'we' that's picking up the risks on the Zombie banks.
     
  5. xsited1
    Offline

    xsited1 Agent P

    Joined:
    Sep 15, 2008
    Messages:
    17,750
    Thanks Received:
    5,299
    Trophy Points:
    198
    Location:
    Little Rock, AR
    Ratings:
    +5,306
    There is nothing particularly earth-shakiing about this. Obama promised a big 'nanny-state' government when he was running for President. His Administration is only delivering on the campaign promises he made. Usually it's the Republicans that provide the last line of defense against these marxists, but they've been absent from American politics for a while.
     
  6. Burp
    Offline

    Burp Always carry, never tell

    Joined:
    Jan 22, 2009
    Messages:
    1,133
    Thanks Received:
    193
    Trophy Points:
    48
    Ratings:
    +193
    Gimme an "N"...Gimme an "A"...Gimme a "T" ...Gimme

    Oh hell...Nationalization.
     
  7. mash107
    Offline

    mash107 Active Member

    Joined:
    Dec 24, 2008
    Messages:
    570
    Thanks Received:
    82
    Trophy Points:
    28
    Ratings:
    +82
    Especially the last 8 years..got war hungry liberal Republicans in their place :(
     
  8. Peejay
    Offline

    Peejay BANNED

    Joined:
    Feb 11, 2009
    Messages:
    1,234
    Thanks Received:
    88
    Trophy Points:
    0
    Location:
    SC
    Ratings:
    +88
    Absolute, partisan bullshit.

    NO BANK that has applied to return TARP money has not been allowed to do so.

    TCF Financial, the bank that was whining last week about this, was approved and returned their TARP this week.
    http://uk.reuters.com/article/marketsNewsUS/idUKN2241307420090422

    Partisan lies.

    Name one bank that has not been allowed to pay their TARP back. Name one bank that has applied to do so and has been denied. You can't. I have shot down every dumb ass partisan thread making this bogus claim. It's a lie.

    Everyone having applied to the Treasury to returh TARP money has been allowed to so so, thus far. Until you've got something, how about keeping this bullshit under your hat.
     
  9. Annie
    Offline

    Annie Diamond Member

    Joined:
    Nov 22, 2003
    Messages:
    50,847
    Thanks Received:
    4,644
    Trophy Points:
    1,790
    Ratings:
    +4,770
    The PARTISAN lies are on your side and the media that says so. Indeed now that pressure has been brought to bear, seems things MAY be changing, I'll believe it when and if it happens:

    U.S. to let some big banks repay bailouts early - Los Angeles Times

     
  10. Peejay
    Offline

    Peejay BANNED

    Joined:
    Feb 11, 2009
    Messages:
    1,234
    Thanks Received:
    88
    Trophy Points:
    0
    Location:
    SC
    Ratings:
    +88
    Annie, you're a liar.

    "Indicated". That's all you got? Soem banks indicated?

    Everyone that has asked to pay back has been allowed to. That has been the case since day 1. It took one bank more than 30 days to return the money. And they returned this week.

    You are one blind ass partisan. You beleive this tripe in the face of bank after bank returning the money, not a single bank denied and you can't provide an ounce of evidence that anyone has been denied the right to return the money.

    Putting aside the fact that the original terms didn't allow them to return the money at all for three years. A bunch of bitching about changes made in the agreement.....changes like aloowing the money to be returned early. And now they're bitching about that and no one has been denied that. No one.
     

Share This Page