Re: pick one
Posted: Thu May 05, 2011 6:04 pm
where's the choice for 'none of the above'?
Barack Obama was the big winner.Jsc810 wrote:Johnson did ok, but according to the sample audience on Fox, the big winner of the debate tonight is Herman Cain.
"Big Hands" died last year.Jsc810 wrote:Debate tonight on Fox.
An easy choice for me: Gary Johnson.
Totally predictable, seeing as how none of them are under 6 years old.Diego in Seattle wrote:And add my vote for "none of the above."
Cain is hack. That tard was bubbling over with praise for the TARP bailout calling it a "win-win" for the taxpayers.Jsc810 wrote:Johnson did ok, but according to the sample audience on Fox, the big winner of the debate tonight is Herman Cain.
Still struggling with reading comprehension, I see. Why don't you back up and take another run at it, Corky.KC Scott wrote: I was strongly against TARP when Bush rolled it out and when Obama gave out the second batch.
I'll happily admit I was wrong in that opinion since all of the funds have been paid back and the Govt. has shown a profit on that initiative so far
You are a complete and utter dumbfuck. Good job kicking your own ass, you stupid fuck.KC Scott wrote:KC Scott wrote:I'll happily admit I was wrong in that opinion since all of the funds have been paid back and the Govt. has shown a profit on that initiative so farWall Street Journal wrote:
WASHINGTON—The U.S. Treasury Department said Friday the total amount repaid to taxpayers for government funds used to bail out U.S. companies has surpassed, for the first time, the amount of outstanding debt.
The Treasury, in its May report to Congress on the Troubled Asset Relief Program, reported TARP repayments reached $194 billion, which has exceeded by $4 billion the total amount of outstanding debt—$190 billion.
However, the outstanding debt amount does not include $106.36 billion that has been committed to institutions but has yet to be paid out by the Treasury. Factoring in that amount, the outstanding debt would be roughly $296 billion.
According to the report, $489.88 billion has been committed to specific institutions, and $383.52 billion of that has been paid out by Treasury. The department said it does not expect to use more than $550 billion of the $700 billion program.
A Treasury official described the manner in which the department characterized the totals as "a cash flow issue."
"Going forward, there will continue to be repayments and expenditures on both sides of the ledger," the official said, making clear that "the other money has not ultimately been dispersed yet."
With that said, the Treasury's report indicates that the department has already signed contracts with institutions regarding the already and to-be distributed funds.
Still, the Treasury's assistant secretary for financial stability, Herb Allison, in a statement described the totals as a "milestone" and said this is "further evidence that TARP is achieving its intended objectives: stabilizing our financial system and laying the groundwork for economic recovery."
The preliminary benchmark was reached in May when the Treasury completed its sale of 1.5 billion shares of Citigroup Inc., "a transaction that provided gross proceeds of $6.18 billion to taxpayers," the Treasury said.
TARP investments posted an additional $23 billion return, bringing total revenue to $217 billion through the end of May, according to the Treasury.
Despite the government's positive investments made through the TARP program for banks, taxpayers could still face a loss on the program.
The Obama administration estimated last August that the total cost of TARP would be $341 billion. The Treasury, in May, told Congress that the lifetime cost of the program had decreased to $105.4 billion.
Looking ahead, the Treasury said additional expenditures from the TARP program are likely to focus on housing initiatives, and other programs that are tailored to help smaller banks and the securitization markets.
The department still anticipates repayments to continue to exceed the outstanding debt
Unless you are Daft, dumb and blind this article is simple enough even for a Non-People Person to comprehend
Is that supposed to have something to do with your false claim that "all funds have been paid back and the government showed a profit"?KC Scott wrote:So, much like your prediction for the markets, you're not predicting TARP ever breaks even?
No, they didn't say it. You just can't read. As I said, it was a propaganda trap for the stupid and the lazy.KC Scott wrote:Wasn't me that said it - it was the WSJ article -mvscal wrote: Is that supposed to have something to do with your false claim that "all funds have been paid back and the government showed a profit"?
Nothing quite so ridiculous as persistent stupidity with a side of closeted homosexuality. I guess that's how they roll in KC.KC Scott wrote:And yetmvscal wrote:No, they didn't say it. You just can't read. As I said, it was a propaganda trap for the stupid and the lazy.
Which one are you?
The Treasury, in its May report to Congress on the Troubled Asset Relief Program, reported TARP repayments reached $194 billion, which has exceeded by $4 billion the total amount of outstanding debt—$190 billion.
Youre avoidance of fact and truth is blatant
What possible motive would WSJ for spinning anything positive to an Administration they loathe?
WRONGKC Scott wrote:Of 190M owed on specific relief, 194m was paid back
Quick, what is $383.52 billion minus $193.52 (rounded up)? Tired of kicking your own ass yet, idiot?According to the report, $489.88 billion has been committed to specific institutions, and $383.52 billion of that has been paid out by Treasury.
$384 billion loaned out. $194 billion paid back which leaves $190 billion outstanding. It's right there in black and white for those who can read on a fourth grade level.KC Scott wrote:the 194M paid back is by the companies that 190m was loaned to - not the total sum of the entire Tarp
KC Scott wrote:stupid, stubborn and Betty fuckin' crocker - simply outstanding........
the 194M paid back is by the companies that 190m was loaned to - not the total sum of the entire Tarp
No wonder you failed in the markets
'A fool and his money" ......... you know
KC Scott wrote:how in the fuck do you get that from this sentence?
The Treasury, in its May report to Congress on the Troubled Asset Relief Program, reported TARP repayments reached $194 billion, which has exceeded by $4 billion the total amount of outstanding debt—$190 billion.
KC Scott wrote:which has exceeded by $4 billion the total amount of outstanding debt—$190 billion
How would 194 Billion exceed 384 Billion?
KC Scott wrote:which has exceeded by $4 billion the total amount of outstanding debt—$190 billiontitlover wrote:KC Scott wrote:how in the fuck do you get that from this sentence?
The Treasury, in its May report to Congress on the Troubled Asset Relief Program, reported TARP repayments reached $194 billion, which has exceeded by $4 billion the total amount of outstanding debt—$190 billion.
uhh, because 194 is 4 more than 190, which is what is left outstanding to repay of the total lent, which is 384?
wow.
How would 194 Billion exceed 384 Billion?
It's awe inspiring really. Usually, when you have kicked your own ass to the degree that KC Closetcase has here, you just stop posting. He honestly doesn't get it, though. Evidently he's become snared in the event horizon of the Kansas City Retardation Singularity.Dinsdale wrote:KC Scott wrote:which has exceeded by $4 billion the total amount of outstanding debt—$190 billion
How would 194 Billion exceed 384 Billion?
Truly a :facepalm: moment.
You guys might want to back off of KC Scott on this one. He is our resident self-professed financial guru.mvscal wrote:It's awe inspiring really. Usually, when you have kicked your own ass to the degree that KC Closetcase has here, you just stop posting. He honestly doesn't get it, though. Evidently he's become snared in the event horizon of the Kansas City Retardation Singularity.Dinsdale wrote:KC Scott wrote:which has exceeded by $4 billion the total amount of outstanding debt—$190 billion
How would 194 Billion exceed 384 Billion?
Truly a :facepalm: moment.
All logical argument in support of his case will be cast aside in favor of desperate 'I Know You Are But What Am I' and 'I Know I'm Gay But What Are You' distractions.
Math? Forget it.
Goober McTuber wrote:You guys might want to back off of KC Scott on this one. He is our resident self-professed financial guru.
Curious - why do you favor Johnson over Ron Paul?Jsc wrote:An easy choice for me: Gary Johnson.