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Thread: US to make profit from bailouts

  1. #51
    Death2Globalists Matt Foley's Avatar
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    Re: US to make profit from bailouts

    Quote Originally Posted by OpportunityCost View Post
    I see you are continuing with the trolling tactics. You are allowed to make your own arguments, you are not allowed to mischaracterize mine. That is not what I posted. Maybe its what you believe, its not what I believe.
    Oh so you don't mean this or that, you just mean that or this.

  2. #52
    Death2Globalists Matt Foley's Avatar
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    Re: US to make profit from bailouts

    Quote Originally Posted by Bigfoot 88 View Post
    That is industry favoritism. Free trade benefits everybody wile tariffs benefit a few.
    No actually Free Trade favors the rich, Tariffs favor the poor and middle class.

  3. #53
    Outer space potato man

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    Re: US to make profit from bailouts

    Quote Originally Posted by Matt Foley View Post
    No actually Free Trade favors the rich, Tariffs favor the poor and middle class.
    So, free market economics benefits the rich...
    Quote Originally Posted by Bucky View Post
    We have no reason not to believe him. [North Korean Dictator and Mass Murder Kim Jong-Un] has been very honest and accommodating.

  4. #54
    Death2Globalists Matt Foley's Avatar
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    Re: US to make profit from bailouts

    Quote Originally Posted by Deuce View Post
    So, free market economics benefits the rich...
    Free Trade and Free Market aren't the same thing.

  5. #55
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    Re: US to make profit from bailouts

    Oh well, the illusion was nice while it lasted.

    The government’s watchdog for the $700 billion Troubled Asset Relief Program disputes suggestions the bailout fund would turn a profit for taxpayers, and warns that many small banks are still struggling to repay.

    “It is a widely held misconception that TARP will make a profit,” said a report Wednesday by Christy Romero, the special inspector general for the TARP program, known as SIGTARP.

    The Obama administration has said TARP has turned a profit on about $205 billion injected into banks, but still projects losses for the entire fund.

    Watchdog report: TARP will not turn a profit for taxpayers - Business - NewsObserver.com
    Last edited by PerfectStorm; 04-26-12 at 09:10 AM.

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