Discussion in 'Current Events' started by wkmac, Mar 25, 2012.
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Big Banks Continue to "Suck at the Government" With Never-Ending Stealth Bailouts
Taxpayers Stuck With Billions In TARP Losses
While the Obama Administration laughably claims that its disastrous bank bailout has turned a profit, a federal investigation reveals this week that hundreds of small financial institutions can’t afford to repay the government loans and its costing U.S. taxpayers tens of billions of dollars.
This week the Special Inspector General for TARP revealed that the monstrous bailout program’s losses stand at about $60 billion and that financial institutions owe Uncle Sam a whopping $118.5 billion. Furthermore, hundreds of small banks can’t afford to repay the federal bailout loans so taxpayers will get stuck with the exorbitant tab, according to the TARP inspector general. Just last month the Congressional Budget Office (CBO) estimated that TARP would lose $32 billion.
TARP’s IG disclosed the latest figures to Congress in a 330-page report that outlines the bailout’s monumental failures.
Is that Moreluck?!
Yes and the dog, which is a hybrid flown in from Philadelphia and most certainly not from a shelter, is TOS.
Ok. If this is the new and improved Upstate, I am impressed.
You make me want to be a better man.
Are we ... are we live at the Fillmore? You're killing it tonight.
I think Upstate might be in "like" shock.
Either that or a "red light district" with Upstate having buyers remorse.
I don't have to go there anymore now that Stephanie is 2.8 miles away.
Hey!!! I thought she was 2.8 miles from me?????
I don't HAVE to go there either. It's a CHOICE.
Hmmmmm. Menot and Stephanie. Me likey.
This is no ones fault but our own switch banks people it's not that hard.
Me Likey you Likey.
Taxpayers fund Crony Capitalism
And truth be told!
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