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Oops, I tend to equate the two.
You really shouldn't. TARP is a good program that has been corrupted over time. The stimulus is a bad program that was corrupt from the start.
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You really shouldn't. TARP is a good program that has been corrupted over time. The stimulus is a bad program that was corrupt from the start.KH FOR OWNER!
ASHER FOR CEO!!
GUYNEMER FOR OT MOD!!! -
Tarp = BOOOSH
Porkulus = Pelosi"Just puttin on the foil" - Jeff Hanson
“In a democracy, I realize you don’t need to talk to the top leader to know how the country feels. When I go to a dictatorship, I only have to talk to one person and that’s the dictator, because he speaks for all the people.” - Jimmy CarterComment
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Indy Star has weighed in on this in today's front page. Claims that the stim successfully propped up state and local govts and made good progress in aiding/ building new schools and hospitals. Not so good a grade wrt home refinance/foreclosure abatement.I'm consitently stupid- Japher
I think that opinion in the United States is decidedly different from the rest of the world because we have a free press -- by free, I mean a virgorously presented right wing point of view on the air and available to all.- NedComment
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By that you mean that stimulus funding went to support non sustainable state and local government budgets that needed to be cut but weren't.Originally posted by Theben View Post"Just puttin on the foil" - Jeff Hanson
“In a democracy, I realize you don’t need to talk to the top leader to know how the country feels. When I go to a dictatorship, I only have to talk to one person and that’s the dictator, because he speaks for all the people.” - Jimmy CarterComment
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Stolen from Greg Mankiw...
David Leonhardt on why the stimulus is a success
Phil Levy on the problems with David Leonhardt's argument
I think Levy gets the better of the argument, but that's hardly surprising given my already stated opinion of the stimulus.KH FOR OWNER!
ASHER FOR CEO!!
GUYNEMER FOR OT MOD!!!Comment
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Wrong. Tarp is a bad program from the start and is being improved upon.Originally posted by Drake Tungsten View PostI drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
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Don't turn away from Christ, Kiddy. Your Christian posting is much less-objectionable than your stupid economics posting.
KH FOR OWNER!
ASHER FOR CEO!!
GUYNEMER FOR OT MOD!!!Comment
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How are my economics postings not Christian?Originally posted by Drake Tungsten View PostDon't turn away from Christ, Kiddy. Your Christian posting is much less-objectionable than your stupid economics posting.I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
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Christ wouldn't approve of the Congressional slush-fund that TARP is being turned into.KH FOR OWNER!
ASHER FOR CEO!!
GUYNEMER FOR OT MOD!!!Comment
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Since your not being clear. I'll just say that Christ doesn't approve of TARP at all, and progress has been made to make it better such as preventing greedy bank executives from using TARP funds for bonuses and such.Originally posted by Drake Tungsten View PostI drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
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http://online.wsj.com/article/BT-CO-...atestheadlines
WASHINGTON (Dow Jones)--Sen. Sherrod Brown (D., Ohio) on Thursday introduced legislation that would slap a 50% tax on bonuses given to executives at firms that received funds from the Treasury Department's Troubled Asset Relief Program, or TARP.
Brown's bill would apply to all bonuses in excess of $25,000, an even stricter threshold than a similar bill introduced by Rep. Peter Welch (D., Vt.) in the House. Revenues from Brown's bill would go to fund a Small Business Administration direct-lending program.
Brown in a statement argued that Wall Street firms that benefited from taxpayer support should return the favor to "Main Street."
"If a big firm that received taxpayer help is now paying out massive bonuses, they should be able to help American small businesses expand operations and hire new workers," Brown said.
Brown's bill comes at a time when Democrats have shown an inclination to take on Wall Street firms that benefit from bailout funds and other federal-government actions to stabilize banks in the wake of the 2008 financial crisis. Senators Barbara Boxer (D., Calif.) and Jim Webb, (D., Va.) have introduced a measure that would levy a 50% tax on bonuses above $400,000 but only for firms that received $5 billion or more in TARP funding.
I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
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Seems more of a Presidential slush fund atm. Was it ever under Congressional control?Originally posted by Drake Tungsten View PostI make no bones about my moral support for [terrorist] organizations. - chegitz guevara
For those who aspire to live in a high cost, high tax, big government place, our nation and the world offers plenty of options. Vermont, Canada and Venezuela all offer you the opportunity to live in the socialist, big government paradise you long for. –Senator RubioComment
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Given that Congress wrote the law creating TARP and has to amend said law to allow any use of TARP funds for new purposes, I think it's pretty clear that Congress has ultimate control over how TARP is run.KH FOR OWNER!
ASHER FOR CEO!!
GUYNEMER FOR OT MOD!!!Comment
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Well it was nice debating you Drake. I guess we can expect more articles.I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
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Did you really expect a debate on whether your economics are "christian" or not? That's an absolutely ludicrous debate, even by Poly standards.KH FOR OWNER!
ASHER FOR CEO!!
GUYNEMER FOR OT MOD!!!Comment
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