Are Big Banks Still Getting Bailed Out?

Discussion in 'Current Events' started by wkmac, Mar 25, 2012.

  1. wkmac

    wkmac Well-Known Member

    read the rest at
    Big Banks Continue to "Suck at the Government" With Never-Ending Stealth Bailouts
     
  2. menotyou

    menotyou bella amicizia

  3. Baba gounj

    Baba gounj pensioner

    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.
     
  4. bbsam

    bbsam Moderator Staff Member

    Is that Moreluck?!
     
  5. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    Yes and the dog, which is a hybrid flown in from Philadelphia and most certainly not from a shelter, is TOS.
     
  6. menotyou

    menotyou bella amicizia

    Ok. If this is the new and improved Upstate, I am impressed.
     
  7. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    You make me want to be a better man.
     
  8. curiousbrain

    curiousbrain Well-Known Member

    Are we ... are we live at the Fillmore? You're killing it tonight.
     
  9. menotyou

    menotyou bella amicizia

    I think Upstate might be in "like" shock. :winks:
     
  10. bbsam

    bbsam Moderator Staff Member

    Either that or a "red light district" with Upstate having buyers remorse.:bag:
     
  11. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    I don't have to go there anymore now that Stephanie is 2.8 miles away.
     
  12. menotyou

    menotyou bella amicizia

    Hey!!! I thought she was 2.8 miles from me????? 113419427045947213.gif
    113419427045947213.gif
     
  13. bbsam

    bbsam Moderator Staff Member

    I don't HAVE to go there either. It's a CHOICE.:)
     
  14. bbsam

    bbsam Moderator Staff Member

    Hmmmmm. Menot and Stephanie. Me likey.
     
  15. Brownslave688

    Brownslave688 You want a toe? I can get you a toe.

    This is no ones fault but our own switch banks people it's not that hard.
     
  16. menotyou

    menotyou bella amicizia

    Me Likey you Likey. :winks:
     
  17. wkmac

    wkmac Well-Known Member


    Taxpayers fund Crony Capitalism
     
  18. wkmac

    wkmac Well-Known Member

    And truth be told!