Ten banks to pay back TARP $68 billion

**BruceBloodMaster** · 06-10-09, 07:28 AM

Well seeing the banks pay back the $68 Billion is a good thing BUT........ Timmy (the tax cheat) doesn't want the money to go back to the general fund. NO ! He wants to keep the money to Use Somewhere Else ! WTF ?? !! He says its Still part of TARP and that the money should be used in some other Bailout !

**Highstakes72** · 06-10-09, 08:24 AM

Originally Posted by triggerhappy2005

Originally Posted by Highstakes72

Originally Posted by triggerhappy2005

Originally Posted by Highstakes72

Originally Posted by triggerhappy2005

http://money.cnn.com/2009/06/09/news...ion=2009060910

Now that we're starting to get some serious money back, have any of the naysayers changed their minds about the Tarp program.

Nope. Not the role of government.

"There are lies, damn lies, statistics and $68 billion."

Means nothing without background data. Many banks were forced to take money whether they were solvent or not.

and if and $68 billion is a big deal to you...Why aren't pitching a REAL BITCH about the TRILLIONS in unfunded obligations that are being thrown around.

Because TARP and underfunded obligations are two, totally separate issues.

Not really. Even the TARP money is supported by common debt intruments i.e. Bonds... The government operates on theorhetical money not like you or I might with cash in the bank. Case in point, the Social Security Trust fund. Where is it? How much is in it?

The only way the TARP money would not be an unfunded obligation is if a Fiscal year prior the Fed. knew we would have a recession that year and set aside money in the budget for TARP. Anything done after and in excess of the yearly federal budget gets financed though debt instruments that Foreign entities are known to buy...Hence why you hear China so much in conversations about or national debt.

**triggerhappy2005** · 06-10-09, 12:18 PM

Originally Posted by Highstakes72

Originally Posted by triggerhappy2005

Originally Posted by Highstakes72

Originally Posted by triggerhappy2005

Originally Posted by Highstakes72

Originally Posted by triggerhappy2005

http://money.cnn.com/2009/06/09/news...ion=2009060910

Now that we're starting to get some serious money back, have any of the naysayers changed their minds about the Tarp program.

Nope. Not the role of government.

"There are lies, damn lies, statistics and $68 billion."

Means nothing without background data. Many banks were forced to take money whether they were solvent or not.

and if and $68 billion is a big deal to you...Why aren't pitching a REAL BITCH about the TRILLIONS in unfunded obligations that are being thrown around.

Because TARP and underfunded obligations are two, totally separate issues.

Not really. Even the TARP money is supported by common debt intruments i.e. Bonds... The government operates on theorhetical money not like you or I might with cash in the bank. Case in point, the Social Security Trust fund. Where is it? How much is in it?

The only way the TARP money would not be an unfunded obligation is if a Fiscal year prior the Fed. knew we would have a recession that year and set aside money in the budget for TARP. Anything done after and in excess of the yearly federal budget gets financed though debt instruments that Foreign entities are known to buy...Hence why you hear China so much in conversations about or national debt.

Why aren't pitching a REAL BITCH about the TRILLIONS in unfunded obligations that are being thrown around.

In relation to that question, it is a separate issue.

**Blakeman** · 06-10-09, 12:22 PM

Originally Posted by triggerhappy2005

Originally Posted by Highstakes72

Originally Posted by triggerhappy2005

Originally Posted by Highstakes72

Originally Posted by triggerhappy2005

Originally Posted by Highstakes72

Originally Posted by triggerhappy2005

http://money.cnn.com/2009/06/09/news...ion=2009060910

Now that we're starting to get some serious money back, have any of the naysayers changed their minds about the Tarp program.

Nope. Not the role of government.

"There are lies, damn lies, statistics and $68 billion."

Means nothing without background data. Many banks were forced to take money whether they were solvent or not.

and if and $68 billion is a big deal to you...Why aren't pitching a REAL BITCH about the TRILLIONS in unfunded obligations that are being thrown around.

Because TARP and underfunded obligations are two, totally separate issues.

Not really. Even the TARP money is supported by common debt intruments i.e. Bonds... The government operates on theorhetical money not like you or I might with cash in the bank. Case in point, the Social Security Trust fund. Where is it? How much is in it?

The only way the TARP money would not be an unfunded obligation is if a Fiscal year prior the Fed. knew we would have a recession that year and set aside money in the budget for TARP. Anything done after and in excess of the yearly federal budget gets financed though debt instruments that Foreign entities are known to buy...Hence why you hear China so much in conversations about or national debt.

Why aren't pitching a REAL BITCH about the TRILLIONS in unfunded obligations that are being thrown around.

In relation to that question, it is a separate issue.

They are relevant to our national debt, which is larger than most can comprehend.

**Highstakes72** · 06-10-09, 02:25 PM

Originally Posted by triggerhappy2005

Originally Posted by Highstakes72

Originally Posted by triggerhappy2005

Originally Posted by Highstakes72

Originally Posted by triggerhappy2005

Originally Posted by Highstakes72

Originally Posted by triggerhappy2005

http://money.cnn.com/2009/06/09/news...ion=2009060910

Now that we're starting to get some serious money back, have any of the naysayers changed their minds about the Tarp program.

Nope. Not the role of government.

"There are lies, damn lies, statistics and $68 billion."

Means nothing without background data. Many banks were forced to take money whether they were solvent or not.

and if and $68 billion is a big deal to you...Why aren't pitching a REAL BITCH about the TRILLIONS in unfunded obligations that are being thrown around.

Because TARP and underfunded obligations are two, totally separate issues.

Not really. Even the TARP money is supported by common debt intruments i.e. Bonds... The government operates on theorhetical money not like you or I might with cash in the bank. Case in point, the Social Security Trust fund. Where is it? How much is in it?

The only way the TARP money would not be an unfunded obligation is if a Fiscal year prior the Fed. knew we would have a recession that year and set aside money in the budget for TARP. Anything done after and in excess of the yearly federal budget gets financed though debt instruments that Foreign entities are known to buy...Hence why you hear China so much in conversations about or national debt.

Why aren't pitching a REAL BITCH about the TRILLIONS in unfunded obligations that are being thrown around.

In relation to that question, it is a separate issue.

Thats just it...its not. If certian policies trash the GDP, and the gov cant stop spending you cant fund all of the liberal social programs without incurring more debt which restarts the cycle from the top....