Raees wrote: Bush set the first charge himself with TARP. And he's just lucky he was leaving office as the economy came crashing down as a result of 8 years of Republican leadership.
As government programs go, TARP hasn't done too badly. Especially if you think it kept us from going into a depression.
While TARP is most often decried as a bailout to big banks, the portion of the program that actually targeted financial institutions is reaping a windfall for the government. After buying up $205 billion in stock from roughly 800 financial institutions during the crisis, as well as throwing another $40 billion just at bank titans Citigroup and Bank of America, the CBO estimates the government will turn a $25 billion profit on that portion.
But hey, how is that $800 billion+ stimulus doing? Is unemployment down to 5.6% now as the Obama administration projected? Unlike TARP, what plan did the stimulus have to pay the $800 billion back?
Democracy4Sale wrote: has no bottom... His narcissism and being out-of-touch make him an empty vessel... He has no "plan"...He just wants to be president.
Anyone willing to run for POTUS has to be a combination of narcissitic and masochistic.
And as for being clueless? Barack doesn't even know which way to paddle.
Thomas Sowell: There are no solutions, just trade-offs.
Democracy4Sale wrote: Romney has no bottom... His narcissism and being out-of-touch make him an empty vessel... He has no "plan"...He just wants to be president.
I believe you are talking about the wrong guy. You are describing Obama exactly.
Too bad future generations aren't here to see all the great things we are spending their $$ on!!
Another "Neener, neener, neener...Yo' mama wears combat boots / I know you are but what am I?" comment that raises the level of discourse... You must be so proud...
Democracy4Sale wrote: Ooo...You got to use Obama in another sentence!!
Another "Neener, neener, neener...Yo' mama wears combat boots / I know you are but what am I?" comment that raises the level of discourse... You must be so proud...
Pretty funny. Don't defend your guy for his miserable record, just attack the other guy. Learn that from Axelrod?
Thomas Sowell: There are no solutions, just trade-offs.