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Thread: TARP: We don't know where the money went

  1. #11
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    Re: TARP: We don't know where the money went

    Originally Posted by USA Today
    A Treasury Department watchdog is warning that a key $700 billion bailout program has damaged the government's credibility, won't earn taxpayers all their money back and has done little to change a culture of recklessness on Wall Street.
    The culture of recklessness on The Hill is the one that need be curbed. If only they would have followed The Constitution they were supposed to uphold. Instead it's been decades of the Wrecking Brigade... picking off our Liberty and wealth.

    It's taken a few hundred/thousand imbeciles a few decades to screw the pooch. It's these fools that are largely responsible for Freddie, Fannie and all the other dung we and future generations have to dig out of.

    Thanks for Nut'in... and leave us alone (fat chance).

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    The Clintons are what happens...
    when you have NO MORAL COMPASS.

  2. #12
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    Re: TARP: We don't know where the money went

    Bailouts that end up becoming employee bonuses (for what...) are just stupid. Bush's bailout of the financial companies was stupid. Obama's bailout of the car companies was stupid. We need to let companies fail, in order that they plan ahead to avoid failure. If we remove the ability of a company to fail because it's "too big" or whatever,... they simply don't practice good business.

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    Re: TARP: We don't know where the money went

    Let me add a bit on where the US taxpayers money go?

    Between 1992 and 2008 the US spent 3.7 billion on supporting pro-US organisations in just Russia alone. This year, according to Philip Gordon, the US will spend no less than 29 million on Russia's non governmental organisations.

    According to some estimates Ukrainian Orange Revolution cost the US over 1billion.

    In Georgia the US pays salaries of Saakashvili and his administration, as well as provides finance to various pro-US organisations and political projects...

    Add to it the cost to the US of kept elites of Poland, Estonia, Latvia, Ukraine, Lithuania, Bulgaria, Kosovo, Afghanistan, Iraq, Czech Republic... and all the money the US spends on supporting pro-US non-governmental organisations in other countries in Europe, Asia, Africa and America...

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    Re: TARP: We don't know where the money went

    Quote Originally Posted by Elena View Post
    Let me add a bit on where the US taxpayers money go?

    Between 1992 and 2008 the US spent 3.7 billion on supporting pro-US organisations in just Russia alone. This year, according to Philip Gordon, the US will spend no less than 29 million on Russia's non governmental organisations.

    According to some estimates Ukrainian Orange Revolution cost the US over 1billion.

    In Georgia the US pays salaries of Saakashvili and his administration, as well as provides finance to various pro-US organisations and political projects...

    Add to it the cost to the US of kept elites of Poland, Estonia, Latvia, Ukraine, Lithuania, Bulgaria, Kosovo, Afghanistan, Iraq, Czech Republic... and all the money the US spends on supporting pro-US non-governmental organisations in other countries in Europe, Asia, Africa and America...
    Yeah! **** Russia!

  5. #15
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    Re: TARP: We don't know where the money went

    If anyone didnt see this coming than they had there eyes shut. I am so sick of both parties and the way they piss away our money I could just throw up. The even sadder thing is that we have no one to blame but our selves for putting up with these losers for so long. It is time we elect people who are going to do what is best for the country and not all the special intrests and personal gains like the majority of the politicans now.
    President Franklin Roosevelt eulogized a fallen American Soldier by saying, “He stands in the unbroken line of patriots who have dared to die [that] freedom might live, and grow, and increase its blessings. Freedom lives, and through it he lives--in a way that humbles the undertakings of most men."

  6. #16
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    Re: TARP: We don't know where the money went


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