Home › Forums › Financial Markets/Economics › Where all that TARP going…….
- This topic has 30 replies, 4 voices, and was last updated 15 years, 10 months ago by
TheBreeze.
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November 15, 2008 at 11:37 AM #305488November 15, 2008 at 12:10 PM #305563
meadandale
Participant[quote=TheBreeze]
Yes, I agree that there will be more bailouts. However, I’m hopeful that Democratic bailouts will be more geared to helping out The People as opposed to the Republican strategy of helping 29-year old investment bankers afford their Maseratti payments. In a world ruled by Democrats, I suspect that most bailout money will go directly to help the middle class and poor.[/quote]By bailing out the automakers, you are guaranteeing that the executives who’ve run the company into the ground will escape from their current predicament unscathed. So much for helping the middle class…
And, again, how can it be a ‘Republican strategy’ when the Democrats voted FOR this strategy in larger numbers than the Repubs? Hmmm? Maybe they took some money from those 29 yo maserati driving investment bankers?
And, BTW, your relentless focus on 29 yo investment bankers and their maseratis sounds like so much envy and covetousness.
November 15, 2008 at 12:10 PM #305503meadandale
Participant[quote=TheBreeze]
Yes, I agree that there will be more bailouts. However, I’m hopeful that Democratic bailouts will be more geared to helping out The People as opposed to the Republican strategy of helping 29-year old investment bankers afford their Maseratti payments. In a world ruled by Democrats, I suspect that most bailout money will go directly to help the middle class and poor.[/quote]By bailing out the automakers, you are guaranteeing that the executives who’ve run the company into the ground will escape from their current predicament unscathed. So much for helping the middle class…
And, again, how can it be a ‘Republican strategy’ when the Democrats voted FOR this strategy in larger numbers than the Repubs? Hmmm? Maybe they took some money from those 29 yo maserati driving investment bankers?
And, BTW, your relentless focus on 29 yo investment bankers and their maseratis sounds like so much envy and covetousness.
November 15, 2008 at 12:10 PM #305484meadandale
Participant[quote=TheBreeze]
Yes, I agree that there will be more bailouts. However, I’m hopeful that Democratic bailouts will be more geared to helping out The People as opposed to the Republican strategy of helping 29-year old investment bankers afford their Maseratti payments. In a world ruled by Democrats, I suspect that most bailout money will go directly to help the middle class and poor.[/quote]By bailing out the automakers, you are guaranteeing that the executives who’ve run the company into the ground will escape from their current predicament unscathed. So much for helping the middle class…
And, again, how can it be a ‘Republican strategy’ when the Democrats voted FOR this strategy in larger numbers than the Repubs? Hmmm? Maybe they took some money from those 29 yo maserati driving investment bankers?
And, BTW, your relentless focus on 29 yo investment bankers and their maseratis sounds like so much envy and covetousness.
November 15, 2008 at 12:10 PM #305105meadandale
Participant[quote=TheBreeze]
Yes, I agree that there will be more bailouts. However, I’m hopeful that Democratic bailouts will be more geared to helping out The People as opposed to the Republican strategy of helping 29-year old investment bankers afford their Maseratti payments. In a world ruled by Democrats, I suspect that most bailout money will go directly to help the middle class and poor.[/quote]By bailing out the automakers, you are guaranteeing that the executives who’ve run the company into the ground will escape from their current predicament unscathed. So much for helping the middle class…
And, again, how can it be a ‘Republican strategy’ when the Democrats voted FOR this strategy in larger numbers than the Repubs? Hmmm? Maybe they took some money from those 29 yo maserati driving investment bankers?
And, BTW, your relentless focus on 29 yo investment bankers and their maseratis sounds like so much envy and covetousness.
November 15, 2008 at 12:10 PM #305472meadandale
Participant[quote=TheBreeze]
Yes, I agree that there will be more bailouts. However, I’m hopeful that Democratic bailouts will be more geared to helping out The People as opposed to the Republican strategy of helping 29-year old investment bankers afford their Maseratti payments. In a world ruled by Democrats, I suspect that most bailout money will go directly to help the middle class and poor.[/quote]By bailing out the automakers, you are guaranteeing that the executives who’ve run the company into the ground will escape from their current predicament unscathed. So much for helping the middle class…
And, again, how can it be a ‘Republican strategy’ when the Democrats voted FOR this strategy in larger numbers than the Repubs? Hmmm? Maybe they took some money from those 29 yo maserati driving investment bankers?
And, BTW, your relentless focus on 29 yo investment bankers and their maseratis sounds like so much envy and covetousness.
November 15, 2008 at 3:25 PM #305528ucodegen
ParticipantYou may want to double check facts before you call these bailouts. Last time I checked, the money for Freddie and Fannie carries an interest charge of LIBOR+5% (7.8% currently, was 11% when original package set up.)
November 15, 2008 at 3:25 PM #305539ucodegen
ParticipantYou may want to double check facts before you call these bailouts. Last time I checked, the money for Freddie and Fannie carries an interest charge of LIBOR+5% (7.8% currently, was 11% when original package set up.)
November 15, 2008 at 3:25 PM #305160ucodegen
ParticipantYou may want to double check facts before you call these bailouts. Last time I checked, the money for Freddie and Fannie carries an interest charge of LIBOR+5% (7.8% currently, was 11% when original package set up.)
November 15, 2008 at 3:25 PM #305618ucodegen
ParticipantYou may want to double check facts before you call these bailouts. Last time I checked, the money for Freddie and Fannie carries an interest charge of LIBOR+5% (7.8% currently, was 11% when original package set up.)
November 15, 2008 at 3:25 PM #305556ucodegen
ParticipantYou may want to double check facts before you call these bailouts. Last time I checked, the money for Freddie and Fannie carries an interest charge of LIBOR+5% (7.8% currently, was 11% when original package set up.)
November 15, 2008 at 3:47 PM #305577TheBreeze
Participant[quote=ucodegen]You may want to double check facts before you call these bailouts. Last time I checked, the money for Freddie and Fannie carries an interest charge of LIBOR+5% (7.8% currently, was 11% when original package set up.)
[/quote]Oh boy! We’re gonna’ be rich!
That reminds me: I just loaned twenty bucks to a homeless man and charged him 50% interest per day. Now all I have to do is sit back and let the money roll in.
November 15, 2008 at 3:47 PM #305638TheBreeze
Participant[quote=ucodegen]You may want to double check facts before you call these bailouts. Last time I checked, the money for Freddie and Fannie carries an interest charge of LIBOR+5% (7.8% currently, was 11% when original package set up.)
[/quote]Oh boy! We’re gonna’ be rich!
That reminds me: I just loaned twenty bucks to a homeless man and charged him 50% interest per day. Now all I have to do is sit back and let the money roll in.
November 15, 2008 at 3:47 PM #305559TheBreeze
Participant[quote=ucodegen]You may want to double check facts before you call these bailouts. Last time I checked, the money for Freddie and Fannie carries an interest charge of LIBOR+5% (7.8% currently, was 11% when original package set up.)
[/quote]Oh boy! We’re gonna’ be rich!
That reminds me: I just loaned twenty bucks to a homeless man and charged him 50% interest per day. Now all I have to do is sit back and let the money roll in.
November 15, 2008 at 3:47 PM #305548TheBreeze
Participant[quote=ucodegen]You may want to double check facts before you call these bailouts. Last time I checked, the money for Freddie and Fannie carries an interest charge of LIBOR+5% (7.8% currently, was 11% when original package set up.)
[/quote]Oh boy! We’re gonna’ be rich!
That reminds me: I just loaned twenty bucks to a homeless man and charged him 50% interest per day. Now all I have to do is sit back and let the money roll in.
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