TARP...........betcha didn't know...........

Political discussions
User avatar
AZGrizFan
Supporter
Supporter
Posts: 59959
Joined: Fri Jul 13, 2007 4:40 pm
I am a fan of: Sexual Chocolate
Location: Just to the right of center

Re: TARP...........betcha didn't know...........

Post by AZGrizFan »

travelinman67 wrote:
AZGrizFan wrote:And yet, despite the fact that every dime lent to financial institutions was paid back, and NONE of the money lent to GM or AIG has been paid back, it's the FINANCIAL INSTITUTIONS that get a great big "fuck you very much" through the latest idiotic piece of legislation to come out of Washington.
It really isn't the FINANCIAL INSTITUTIONS that the people hate, but rather the people who run them. It's tough to reconcile while American's all over are struggling, that there's a group of people who take your money, fuck you over with fees and absorbitant rates, throw people out of their homes after decades of prompt mortgage payment history, then pay themselves millions...

...and complain about how they're not getting a fair break from government.


BTW, Bitch...you're buying next time I'm in town.

:butt:
Jesus H. Christ. You REALLY don't understand how the system works, do you? The LAST thing ANY financial institution wants right now is MORE REO on their books. :roll: :roll: :roll: :roll:

And fine on the beer/scotch/wisky. :thumb:
"Ah fuck. You are right." KYJelly, 11/6/12
"The future must not belong to those who slander the prophet of Islam." Barack Obama, 9/25/12
Image
User avatar
OSBF
Level2
Level2
Posts: 1755
Joined: Mon Jul 27, 2009 12:07 pm
I am a fan of: The Illinois State Univer
A.K.A.: old school bird fan
Location: Normal, IL

Re: TARP...........betcha didn't know...........

Post by OSBF »

Cluck U wrote:
OSBF wrote:
That's the funniest part, and what I was thinking when I started the thread. I promise you that your average tea bagger wouldn't know that TARP is microscopic in scale as compared to the S&L bailout of the 80's.
And why would that matter?

You are ignoring the fact that some people don't want a bloated government that spends money by the bucketfull while bailing out their political friends.

Instead of begining with a base line of zero and building an argument of how government should spend our money, you are essentailly having that familiar hissy fit that some 5 year-old children employ when they know they are wrong..."Well, it was worse when Tony started it."

Congrats on your level of thinking. :kisswink:
So where were the tea bagger-types protesting the S&L bailout in the 80's?

It was after all roughly 3 times the scale of TARP. Where were the protests? Where was the outrage?

Oh...........nevermind...........white dood in the white house. 'nuff said.
"It's hard to kiss the lips at night that chew on your ass all day."
Image
YoUDeeMan
Level5
Level5
Posts: 12088
Joined: Mon Jul 16, 2007 8:48 am
I am a fan of: Fleecing the Stupid
A.K.A.: Delaware Homie

Re: TARP...........betcha didn't know...........

Post by YoUDeeMan »

OSBF wrote:
Cluck U wrote:
And why would that matter?

You are ignoring the fact that some people don't want a bloated government that spends money by the bucketfull while bailing out their political friends.

Instead of begining with a base line of zero and building an argument of how government should spend our money, you are essentailly having that familiar hissy fit that some 5 year-old children employ when they know they are wrong..."Well, it was worse when Tony started it."

Congrats on your level of thinking. :kisswink:
So where were the tea bagger-types protesting the S&L bailout in the 80's?

It was after all roughly 3 times the scale of TARP. Where were the protests? Where was the outrage?

Oh...........nevermind...........white dood in the white house. 'nuff said.
:rofl: We've found another racist...you. :nod:

You are still blathering on about the 80s (Tommy did it, why didn't he get in trouble!) instead of dealing with the ignorance of the people in office today. Closed mind. Congrats. :lol:

Were you around during the 80s or are you just stuck on black and white? Many people were not happy with the government bail out...and many of those banks deserved to fail. And many people were not happy with the fact that our government had a hand in the S&L crisis. Heck, if we hadn't bailed them out, perhaps the banks today would not have followed the same course.

In the end, this could very well follow the old adage, "Fool me once, shame on you; fool me twice, shame on me." People are less forgiving the second time as they discern a pattern from our government appointees. Time to get the clowns out and stop all the entitlement programs and the favoritism towards certain large companies.

And the real shame of it all is that Obama campaigned on a platform of CHANGE...yet he goes right back to partisan politics, special interests, and more spending...typical crap. Obama is taxing people, the middle class, out the wazzoo.

That tends to make middle class people want to dismiss the fat cats in Washington, white and black...but your poor gimme, gimme ass wouldn't understand that.

BTW, I made quite a good bit of money during the S&L crisis...the shock waves were hitting small banks and their stocks. Easy pickings. :thumb:
These signatures have a 500 character limit?

What if I have more personalities than that?
User avatar
OSBF
Level2
Level2
Posts: 1755
Joined: Mon Jul 27, 2009 12:07 pm
I am a fan of: The Illinois State Univer
A.K.A.: old school bird fan
Location: Normal, IL

Re: TARP...........betcha didn't know...........

Post by OSBF »

Cluck U wrote:
OSBF wrote:
So where were the tea bagger-types protesting the S&L bailout in the 80's?

It was after all roughly 3 times the scale of TARP. Where were the protests? Where was the outrage?

Oh...........nevermind...........white dood in the white house. 'nuff said.
:rofl: We've found another racist...you. :nod:

You are still blathering on about the 80s (Tommy did it, why didn't he get in trouble!) instead of dealing with the ignorance of the people in office today. Closed mind. Congrats. :lol:

Were you around during the 80s or are you just stuck on black and white? Many people were not happy with the government bail out...and many of those banks deserved to fail. And many people were not happy with the fact that our government had a hand in the S&L crisis. Heck, if we hadn't bailed them out, perhaps the banks today would not have followed the same course.

In the end, this could very well follow the old adage, "Fool me once, shame on you; fool me twice, shame on me." People are less forgiving the second time as they discern a pattern from our government appointees. Time to get the clowns out and stop all the entitlement programs and the favoritism towards certain large companies.

And the real shame of it all is that Obama campaigned on a platform of CHANGE...yet he goes right back to partisan politics, special interests, and more spending...typical crap. Obama is taxing people, the middle class, out the wazzoo.

That tends to make middle class people want to dismiss the fat cats in Washington, white and black...but your poor gimme, gimme ass wouldn't understand that.

BTW, I made quite a good bit of money during the S&L crisis...the shock waves were hitting small banks and their stocks. Easy pickings. :thumb:

Big huge Govt Bailout Program with white guy in charge=no problem

3X Smaller govt bailout program with black guy in charge=rioting in the streets

one doesn't have to be a rocket scientsts to connect the dots
"It's hard to kiss the lips at night that chew on your ass all day."
Image
User avatar
GannonFan
Level5
Level5
Posts: 19233
Joined: Mon Jul 23, 2007 6:51 am
I am a fan of: Delaware
A.K.A.: Non-Partisan Hack

Re: TARP...........betcha didn't know...........

Post by GannonFan »

OSBF wrote:
Cluck U wrote:
:rofl: We've found another racist...you. :nod:

You are still blathering on about the 80s (Tommy did it, why didn't he get in trouble!) instead of dealing with the ignorance of the people in office today. Closed mind. Congrats. :lol:

Were you around during the 80s or are you just stuck on black and white? Many people were not happy with the government bail out...and many of those banks deserved to fail. And many people were not happy with the fact that our government had a hand in the S&L crisis. Heck, if we hadn't bailed them out, perhaps the banks today would not have followed the same course.

In the end, this could very well follow the old adage, "Fool me once, shame on you; fool me twice, shame on me." People are less forgiving the second time as they discern a pattern from our government appointees. Time to get the clowns out and stop all the entitlement programs and the favoritism towards certain large companies.

And the real shame of it all is that Obama campaigned on a platform of CHANGE...yet he goes right back to partisan politics, special interests, and more spending...typical crap. Obama is taxing people, the middle class, out the wazzoo.

That tends to make middle class people want to dismiss the fat cats in Washington, white and black...but your poor gimme, gimme ass wouldn't understand that.

BTW, I made quite a good bit of money during the S&L crisis...the shock waves were hitting small banks and their stocks. Easy pickings. :thumb:

Big huge Govt Bailout Program with white guy in charge=no problem

3X Smaller govt bailout program with black guy in charge=rioting in the streets

one doesn't have to be a rocket scientsts to connect the dots
Seriously, it makes you wonder if you really were around in the '80s. The S&L bailout was frontpage news for two years and people were livid. It was far from a "no problem" as you suggest it was.

Of course, one of the bigger differences between now and then is that we were in the middle of an economic boost that went on for a few more years - now we're in the middle of a Great Recession. When people don't have jobs and when the economy looks like crap, people get antzy. The morale of this story is if you're going to bailout a part of the economy it's better to do it in good times than in bad times. But if you want to focus solely on race as you seem to want to do, I'm sure all of this is going right over your head. :roll:
Proud Member of the Blue Hen Nation
User avatar
AZGrizFan
Supporter
Supporter
Posts: 59959
Joined: Fri Jul 13, 2007 4:40 pm
I am a fan of: Sexual Chocolate
Location: Just to the right of center

Re: TARP...........betcha didn't know...........

Post by AZGrizFan »

GannonFan wrote:
OSBF wrote:Big huge Govt Bailout Program with white guy in charge=no problem

3X Smaller govt bailout program with black guy in charge=rioting in the streets

one doesn't have to be a rocket scientsts to connect the dots
Seriously, it makes you wonder if you really were around in the '80s. The S&L bailout was frontpage news for two years and people were livid. It was far from a "no problem" as you suggest it was.

Of course, one of the bigger differences between now and then is that we were in the middle of an economic boost that went on for a few more years - now we're in the middle of a Great Recession. When people don't have jobs and when the economy looks like crap, people get antzy. The morale of this story is if you're going to bailout a part of the economy it's better to do it in good times than in bad times. But if you want to focus solely on race as you seem to want to do, I'm sure all of this is going right over your head. :roll:
I can guarantee you it's going over his head. :nod: :nod:
"Ah fuck. You are right." KYJelly, 11/6/12
"The future must not belong to those who slander the prophet of Islam." Barack Obama, 9/25/12
Image
YoUDeeMan
Level5
Level5
Posts: 12088
Joined: Mon Jul 16, 2007 8:48 am
I am a fan of: Fleecing the Stupid
A.K.A.: Delaware Homie

Re: TARP...........betcha didn't know...........

Post by YoUDeeMan »

OSBF wrote:
Big huge Govt Bailout Program with white guy in charge=no problem

3X Smaller govt bailout program with black guy in charge=rioting in the streets

one doesn't have to be a rocket scientsts to connect the dots
.------ OSBF thinks the objection to government spending is about race -------.----------OSBF is a narrow minded racist---------.

You are correct, anyone can easily connect the dots. :nod: :thumb:
These signatures have a 500 character limit?

What if I have more personalities than that?
Post Reply