Obama jut put a 117 billion $ tax on NYC

Clinton fast tracked China to the number one manufacturer of just about everything.

Now go suck on a red toy.

democratic achievements

sex allowed with interns.

socialism

political correctness

every one must have their fair share

shared scarifice

Perfitz, you are cut off! No more MSNBC. And no more Rachel Madow either.

perfitz, perfitz, I knew you'd avoid the question... come on now...

"So, let me get this straight, Bush doesn't bear any responsibility for the things the Democratic congress passed and he signed?"

come on now perfitz, don't run away from the question again.

9 - Getting us out of the stagflation crisis of the 1970s

too bad bush didnt get his way with privatizing social security

and somewhereelse dont forget what dems have done to family values
personal responsibility???--youre just a dittohead dope

goes to show you...

screw up the economy and entangle us in unwinnable costly conflict is OK.

Have a fat girl blow you in the bathroom of the oval office...unforgivable.

The thing is, the blow job was the best thing that ever happened to Clinton. Its allowed 100 million democrats to forget about his actual failures... so now he can speak to them at $100k a pop.

Its like Kennedy's best trick was dying... or we might not have noticed how many things he screwed up.

" In 1984, Jesse Jackson wins five primaries and over three million votes. He also refers to Jews as “Hymies” and NYC as “Hymietown,” and summarily accuses Jews of conspiring to defeat him. Louis Farrakhan chimes in, telling Jewish listeners on the radio that “If you harm this brother [Jackson], it will be the last one you harm.”"

gotta love those democratic voters!

FIVE primaries

no what is unforgivable is his taste in women paula jones

Sadly, all they could get him on was lying to congress. Still, he's up on the balance sheet.

James McDougal – Clinton’s convicted Whitewater partner died of an apparent heart attack, while in solitary confinement. He was a key witness in Ken Starr’s investigation.

Mary Mahoney – A former White House intern was murdered July 1997 at a Starbucks Coffee Shop in Georgetown. The murder happened just after she was to go public with her story of sexual harassment in the White House.

Vince Foster – Former White House counselor, and colleague of Hillary Clinton at Little Rock’s Rose Law Firm. Died of a gunshot wound to the head, ruled suicide. He also had another 22 gunshot wound in the neck. The gunshot wound to the head was of larger caliber and found still in his hand!!

Ron Brown – Secretary of Commerce and former DNC Chairman. Reported to have died by impact in a plane crash. A pathologist close to the investigation reported that there was a hole in the top of Brown’s skull resembling a gunshot wound. At the time of his death, Brown was being investigated, and spoke publicly of his willingness to cut a deal with prosecutors.

C. Victor Raiser II & Montgomery Raiser – Major players in the Clinton fund-raising organization. Died in a private plane crash in July 1992.

Paul Tulley – Democratic National Committee Political Director found dead in a hotel room in Little Rock, September 1992. Described by Clinton’s a “Dear friend and trusted advisor”.

Ed Willey – Clinton fund raiser, found dead November 1993 deep in the woods in Virginia of a gunshot wound to the head. Ruled a suicide. Ed Willey died on the same day his wife Kathleen Willey claimed Bill Clinton groped her in the oval office in the White House. Ed Willey was involved in several Clinton fund raising events.

Jerry Parks – Head of Clinton’s gubernatorial security team in Little Rock. Gunned down in his car at a deserted intersection outside Little Rock. Park’s son said his father was building a dossier on Clinton. He allegedly threatened to reveal this information. After he died the files were mysteriously removed from his house.

James Bunch – Died from a gunshot suicide. It was reported that he had a “Black Book” of people containing names of influential people who visited prostitutes in Texas and Arkansas.

James Wilson – Was found dead in May 1993 from an apparent hanging suicide. He was reported to have ties to Whitewater.

Kathy Ferguson – Ex-wife of Arkansas Trooper Danny Ferguson. Died in May 1994. She was found dead in her living room with a gunshot to her head. It was ruled a suicide although there were several packed suitcases, as if she was going somewhere. Danny Ferguson was a co- defendant along with Bill Clinton in the Paula Jones lawsuit. Kathy Ferguson was a possible corroborating witness for Paula Jones.

Bill Shelton – Arkansas State Trooper and fiancee of Kathy Ferguson. Critical of the suicide ruling of his fiancee, he was found dead in June, 1994 of a gunshot wound also ruled a suicide at the gravesite of his fiancee.

Gandy Baugh – Attorney for Clinton friend Dan Lassater. Died by jumping out a window of a tall building January, 1994. His client was a convicted drug distributor. One of Clinton’s last duties as Governor of Arkansas was to pardon Dan Lassater convicted on over a hundred drug charges.

Florence Martin – Accountant sub-contractor for the CIA related to the Barry Seal Mena Airport drug smuggling case. Died of three gunshot wounds.

Suzanne Coleman – Reportedly had an affair with Clinton when he was Arkansas Attorney General. Died of a gunshot wound to the back of the head, ruled a suicide. Was pregnant at the time of her death.

Paula Grober – Clinton’s speech interpreter for the deaf from 1978 until her death December 9, 1992. She died in a one-car accident.

Danny Casolaro – Investigative reporter. Investigating Mena Airport and Arkansas Development Finance Authority. He slit his wrists, apparent suicide in the middle of his investigation.

Paul Wilcher – Attorney investigating corruption at Mena Airport with Casolaro and the 1980 “October Surprise” was found dead on a toilet June 22, 1993 in his Washington D.C. apartment. Had delivered a report to Janet Reno 3 weeks before his death.

Jon Parnell Walker – Whitewater investigator for Resolution Trust Corp. Jumped to his death from his Arlington, Virginia apartment balcony August 15, 1993. Was investigating Morgan Guarantee scandal.

Barbara Wise – Commerce Department staffer. Worked closely with Ron Brown and John Huang. Cause of death unknown. Died November 29, 1996. Her bruised nude body was found locked in her office at the Department of Commerce.

Charles Meissner – Assistant Secretary of Commerce who gave John Huang special security clearance, died shortly thereafter in a small plane crash. Dr.

Stanley Heard – Chairman of the National Chiropractic Health Care Advisory Committee. Died with his attorney Steve Dickson in a small plane crash. Dr. Heard, in addition to serving on Clinton’s advisory council, personally treated Clinton’s mother, stepfather and brother.

Barry Seal – Drug running pilot out of Mena Arkansas, death was no accident.

Johnny Lawhorn Jr. – Mechanic, found a check made out to Clinton in the trunk of a car left in his repair shop. Died when his car hit a utility pole.

Stanley Huggins – Suicide. Investigated Madison Guarantee. His report was never released.

Hershell Friday – Attorney and Clinton fundraiser. Died March 1, 1994 when his plane exploded.

Kevin Ives & Don Henry – Known as “The boys on the track” case. Reports say the boys may have stumbled upon the Mena Arkansas airport drug operation. Controversial case where initial report of death was due to falling asleep on railroad track. Later reports claim the 2 boys had been slain before being placed on the tracks. Many linked to the case died before their testimony could come before a Grand Jury.

THE FOLLOWING SIX PERSONS HAD INFORMATION ON THE IVES / HENRY CASE:
Keith Coney – Died when his motorcycle slammed into the back of a truck July, 1988.

Keith McMaskle – Died of 113 stabbed wounds, November 1988.

Gregory Collins – Died from a gunshot wound January 1989.

Jeff Rhodes – He was shot, mutilated and found burned in a trash dump in April 1989.

James Milan – Found decapitated. Coroner ruled death due to natural causes.

Jordan Kettleson – Was found shot to death in the front seat of his pickup truck in June 1990.

Richard Winters – Was a suspect in the Ives / Henry deaths. Was killed in a set-up robbery July 1989.

THE FOLLOWING CLINTON BODYGUARDS ARE DEAD:
Major William S. Barkley Jr.
Captain Scott J. Reynolds
Sgt. Brian Hanley
Sgt. Tim Sabel
Major General William Robertson
Col. William Densberger
Col. Robert Kelly
Spec. Gary Rhodes
Steve Willis
Robert Williams
Conway LeBleu
Todd McKeehan

Thanks Democrats for all that slavery!

"Democratic senator Stephen A. Douglas champions the Kansas-Nebraska Act in 1854, allowing settlers to decide by vote whether they want slavery in their territories. The controversial act gives rise to the new Republican Party in the North and foments the series of famous debates between Lincoln and Douglas. Douglas beats Lincoln for an Illinois seat to the Senate in 1858; Lincoln wins the presidency in 1860. Oh, and the act also helps ignite the Civil War."

Riversider, I agree Goldman believed they were hedged. They placed a big bet. They lost.
They should have lost all that money.
Instead, when they lost their bet, their buddies in gov't gave them their 12 billion dollars back which they then paid out to themselves in bonus money.
ie they paid themselves bonuses with taxpayer money when they lost their own money.
How can one possibly see it otherwise.
They lost their bet but they didn't lose their money.
Where can I find a casino like that.
I want in!

Well, they were given a loan for their losses which they paid back with interest. They didn't just take the money and pay it out. You could argue that they shouldn't have received the loan, but they didn't get free money.

"Well, they were given a loan for their losses which they paid back with interest. They didn't just take the money and pay it out. You could argue that they shouldn't have received the loan, but they didn't get free money."

You're missing a giant part of this. The TARP loan, sure they repaid that. Thats not what we're talking about.

But he's talking about the AIG money. AIG insured goldman against certain losses. AIG could not pay that money out. Government not only backed the AIG isurance, they paid out 100% on the dollar (so, its like paying out life insurance even if noone died).

Goldman has NOT repaid a cent of that. And it was a giveaway from... their former CEO.

somewhereelse you are totally wrong on AIG....AIG made alot of bets with the street that all went against them. it was either pay the banks, or bankrupt aig. plain and simple. pls understand ur facts before you speak

ok, back to the original point. If this tax happens... wowzuh. Huge impact on re in this town. 10 years of depressed bonuses.

If it doesn't.... wondering what at least the fear will do, in terms of maybe holding bonuses down... or folks being hesitant to buy because of worries of future bonuses.

Whatever the case, not good for Manhattan.

"somewhereelse you are totally wrong on AIG....AIG made alot of bets with the street that all went against them. it was either pay the banks, or bankrupt aig. plain and simple. pls understand ur facts before you speak"

Marco, take your own advice; You have no idea what you are talking about here.

Godman hedged with AIG. AIG had no hope of paying those debts. That alone could have busted Goldman. Paulson paid off the insurance 100%.

obama is ruining the economy on purpose.. nobody can be this stupid... the more people on government assistance the more powerful the dems become.

> it was either pay the banks, or bankrupt aig. plain and simple.

No, you're really confused. Having to pay the banks is what was bankrupting aig.

How ON EARTH could you think that NOT paying money OUT is what would bankrupt a company.
Thats not plain and simple, thats BACKWARD.

AIG was bust and therefore could not pay out.

You have it 100% backward.

(one more try)

ok, back to the original point. If this tax happens... wowzuh. Huge impact on re in this town. 10 years of depressed bonuses.

If it doesn't.... wondering what at least the fear will do, in terms of maybe holding bonuses down... or folks being hesitant to buy because of worries of future bonuses.

Whatever the case, not good for Manhattan.

Henry Paulson and Timothy Geitner gave (pure and simple gave- no loan about it) $12billion (or maybe it was more, the figure is so dizzying I forget the exact number) to Goldman Sachs by laundering it through AIG.
Just like a drug dealer launders money through various businesses, these guys laundered the multibillion dollar give away by passing the money through AIG.
Even worse, in order to give such a massive payout to Goldman, they had to also give a massive payout to several other banks including foreign banks.
Thus in order for Hank Paulson to give his buddies at Goldman billions of $ he had to give billions of American tax payer dollars to foreign banks as well.
And Timothy Geitner conspired to keep the details secret as we are finding out in the secret emails now being revealed.
Geitner shouldn't care. Eventually he will have to resign over the scandal and then he will end up on wall street making millions of $.
See, it all worked out after all!!

"Godman hedged with AIG. AIG had no hope of paying those debts"

please define that. I want specific products and trade directions.

explain to me how this is going to have a huge impact on NYC? It won't.

and I want world peace.

I'll get you a link right after you explain how aig NOT paying out money would bankrupt them...

somewhereelse/eddiewilson/ny902010/ferrisbueller/aliceinwonderland

Goldman (and I am NOT a defender of Goldman) had its exposure hedged with AIG. There was surely market exposure and counterparty exposure but their hedging would have afforded them more than enough capital to exist even if AIG went belly-up. You sound like you want to be an expert on everything but actually know very little.

Ooops, I fell into the trap and responded. Remember to get that giant inflatable rat and bullhorn to be more effective.....

> explain to me how this is going to have a huge impact on NYC? It won't.

bob, are you inferring that $117 billion extra in taxes, that won't be profit for the banks, and can't be paid on bonuses, doesn't affect the people who normally get that money? Or the real estate owners who normally collect rents from them. or the people who those folks spend money with?

seriously?

really?

AIG had no money to pay Goldman so the Gov't gave tax payer money to AIG to pay Goldman 100cents on the dollar.
Goldman then uses the same pile of tax payer money to pay itself large bonuses.
What do "specific products and trade directions" have to add to that tidy sequence of events?

bob all i have to say is OH MY GOD! You dont realize how a 117 billion dollar tax on the banks is going to effect NYC real estate???? OH MY GOD

Yes. 117 billion dollars spread out over 10 years across 35-50 banks affecting different states of which some will be passed on to the customer. The banks and employees will still get theirs.

somewhereelse..so now we've established that you actually dont know what ahppened.

AIG enetered into into billions worth of contracts that obligated them to buy bonds on various companies at par if those companies defaulted. as those companies either defaulted or came close to default, the people (banks) that AIG entered those contacts with demanded paymanets as well as collateral to ensure those payments. AIG did not have that money. Since AIG did not have that money 1 of 2 things was going to happend. The Banks could liquidate AIG to get payment, or the govt could make the paymenst for AIG and keep them out of bankruptcy.

Wow, thanks for the doing the work for me, and showing that I was, in fact, accurate. You can take back your original claim now. Thanks.

im not defending the govt, aig or the banks..Im just explaining what happened. Most people dont understand what happened with aig and they get all frantic with jargon like "hedging" and "cds" and they have no idea what they are talking about.

"Yes. 117 billion dollars spread out over 10 years across 35-50 banks affecting different states of which some will be passed on to the customer. The banks and employees will still get theirs. "

oh my lord, this guy is off his rocker.

60% will be paid by top 10 banks. And, sorry, Goldman isn't passing the cost to folks with savings accounts.

This would be HUUUUGE for nyc.

"bob all i have to say is OH MY GOD! You dont realize how a 117 billion dollar tax on the banks is going to effect NYC real estate???? OH MY GOD"

This "they'll just pass it on to customers" nonsense reminds me... well...

Kramer : It's just a write off for them .

Jerry : How is it a write off ?

Kramer : They just write it off .

Jerry : Write it off what ?

Kramer : Jerry all these big companies they write off everything

Jerry : You don't even know what a write off is .

Kramer : Do you ?

Jerry : No . I don't .

Kramer : But they do and they are the ones writing it off .

Jerry : I wish I just had the last twenty seconds of my life back .

When did the American tax payer enter into the contract to pay Goldman if AIG didn't have the money? Oh right they didn't, that was Henry Paulson and Tim Geitner that decided to insert the Gov't into the transaction.

Why didn't the clever Hank Paulson make some arrangement with the banks so that if the bailout worked that the banks would have to pay billions of bonuses back to the American Gov't rather that billions of $ to themselves in bonuses.
Ans b/c Paul was a double agent who had great allegiance to Goldman than to the American people.

I doubt the collateral was worth value was sufficient at that point in time, And AIG was such a mess with every party trying to grab additional margin, would not surprise me if Goldman would have gotten screwed save for the Gov't stepping in.

Bigger question Street Easy
Why didn't the bond holders of AIG EAT IT.
Why wasn't AIG put into bankruptcy?

If the two were done the swaps could have been paid out at fractional value and the loss to tax payer minimized. Pre-package bankruptcy was ok, for G.M. Why not AIG?

anyway I am sure there is going to be some stories about this in the Journal tom. This is a HUGE story for nyc

> Why wasn't AIG put into bankruptcy?

Because then there would have been no cover for Paulson to pay Goldman (why is a bankrupt company paying out...)

also, remember that they didn't want to do ANY bankruptcy for GM initially... as it would have killed suppliers and such when market was that bad.

The other "sell" is that the bankruptcy means aig might reduce its debts (great for them), but the folks on the other side needed the debts to be paid...

No, this was not about suppliers. They didn't want to put g.m in bankruptcy initially because they were trying to protect the union(a huge Democratic base). A bankruptcy had the potential of opening up every contract.

Riversider is spot on in both instances.

Roughly 72 billion over 10 years across 10 banks. 720 million per year as an estimate? How much are Goldman and JPM paying out this year? 50 billon?

I like how the number goes up substantially each time bob posts.

"They didn't want to put g.m in bankruptcy initially because they were trying to protect the union(a huge Democratic base). A bankruptcy had the potential of opening up every contract."

riversider, totally agreed with you there (and the fact that unions got handed ownership with chrysler demonstrates the mentality).... but I just thought the analogy was a good one.

What number goes up? Top 10 banks to pay roughly 60% of 120 billion over 10 years.

Perfritz,Somwherelese I'm sure glad the Democrats don't practice patronage!

lol

and good catch on the unions getting ownership. I forgot about that!

Oh yeah, don't get me started on the unions. The union contract is basically what bankrupts the firm, and, for their good deeds of getting everything they can get out of the auto companies, they get... uh... the auto companies.

I'm going to ask my boss for a raise. If he says he can't afford it, I'll say, thats ok, give it to be anyway, and then I can have the company for free when you go broke.

Well to be fair G.M. management was insular and did a lousy job. It was more than just high costs. Let's not forget how they wasted money buying Saab, Hughes Satelite, EDS while ignoring their core brand... and building not very good cars.

The GM job bank thing is ludicrous.

well, they were all idiots...

but, the largest cost was in fact labor, and the labor costs for the japanese brands MANUFACTURING IN THE US were half that of the detroit 3.

either way, this would be like letting goldman go bankrupt from paying bonuses, then handing the company to the workers who got the bonuses...

goldman and the unions already own the politicians...

Wow what timing....
http://article.nationalreview.com/?q=NjZlYzRkNDc2MjkwNTEwM2Q3NTNjNTY0NzZmYWUwOGI=

The nation’s labor unions, according to Congress Daily, have cut a deal with House Democrats: Labor will drop its opposition to the so-called Cadillac tax — an excise tax on high-cost employer-provided health-care plans — if Congress will carve out an exemption for plans provided under collective-bargaining agreements. Even after all the unsavory bargains and rotten deals that have characterized the rush to get this thing passed (the “Louisiana Purchase,” the “Cornhusker Kickback,” etc.) the “Labor Loophole” surely takes the prize. A few Democrats in the Senate already tried this trick and were laughed out of the smoke-filled room, so nakedly obvious was the special-interest favoritism at work. That the Democratic party is seriously reconsidering this deal is a sign of how desperate it has become to pass a bill — any bill — that shoves the federal foot through the waiting-room door.

We are blessed to live in such interesting times ............ in the epicenter of all wheelin'-deelin'.
Obama's another player. He's got a lot on his plate. He's doing a good job. Who else could deal with this circus?

Poorishlady
Obama must have ADD. Some of the things on his plate...well he put them there himself. He's a a very smart guy, Harvard law professor in fact. But being an effective chief executive is more than being smart. If it was Jimmy Carter would win hands down and his administration was a failure. I think his heart is in the right place. He clearly cares deeply but that's not enough.

OK, but who would you have in his place?
John McCain? Who might've dropped dead by now and we'd have Pres. Palin?
Reaganomics started this country's descent from first-world status. That 12 years skewed the game viciously so that just a few would win. The powerful velocity of that era blew Clinton along. Bush 2 was just a snarling dog at the gate.
Now we're all nicely fucked.
So we should make nice and be happy that we have a world-class player when we really need one.

and truthskr10 appears to believe in crack-brained conspiracy theories, but that's his/her prerogative .....

poorish, you're communicating with someone who likes to reference ayn rand. favorably. you are very unlikely to view things similarly. although one of you will be coy about one's real positions.

Every politician has his/her constituency. That's the Achilles heel of democracy. One vote/one person.

Poorishlady,

My hope is that Obama goes back to his campaign pledges. McCain, well considering Sarah Palin, that would have been equally bad. As far as Reagan, I'm a fan, so happy to have further conversation(believe we're better off as a country having had him as President). Bush Jr(not as bad as his enemies would have you believed but will never go down as a great leader either). I hope we're not fucked. Maybe Obama will refocus( I still think he's capable but time is running out), otherwise let's hope for someone new in 3 years.

ugh...yuck...disgusting.

Disingenuous. at best. be a republican. love Rand. I don't give a rats ass. but don't try to be all things to avoid censure. who should replace Obama?

Sorry, I wasn't able to provide you two with better material. Never said I was a Republican, you've only assumed so much.

Do you guys text message so you can reply at the same time?

No.

This is a good thread. somewhereelse, thanks for your contributions :o).

What this thread shows us that for the folks on SE neither the Democrats or the Republicans have a party, party philosophy or behavior pattern that appeals to us or serves our needs.

Time to form our own party!!!

Any ideas on a name?

We already have a President. President Alpie!

Let the Revolution begin here!

yes, falco. it's true. i don't think it has anything to do with who happens to occupy the white house at this moment. this may be an opportune time for dissent. would that it could be true.

but how soon can we overthrow alpie after the revolution? a president driving a PT Cruiser in NJ? i'm not a snob, but alpie doesn't quite do it for me.

"Well to be fair G.M. management was insular and did a lousy job. It was more than just high costs. Let's not forget how they wasted money buying Saab, Hughes Satelite, EDS while ignoring their core brand... and building not very good cars."

And this same scenario replicated 100,000 times is why the U.S. is in dire straits ...........
insular management doing a lousy job ................................. and building crap product (back when we produced anything).

Gotta love cc; he's humorous. And concise.

poorish, it's not just manufacturing. we've been busy building crap service products as well. mortgages, banking, insurance, real estate, health care, much of education.

the crap manufactured product has largely moved overseas. much of our services that can be moved have or are moving overseas. lots of R&D has and is moving overseas. what do we have left?

insular management doing a lousy job ................................. and building crap product (back when we produced anything).

This is what happens when ANY country permits Oligopoly.

What the hell did I just read.

Anyway, NYC real estate, going lower.

aboutready
about 3 hours ago
ignore this person
report abuse poorish, it's not just manufacturing. we've been busy building crap service products as well. mortgages, banking, insurance, real estate, health care, much of education.

... hehe hehe, you mean like education where people learn how to make up words like "irregardless"? or education where people learn that they are entitled but owe no responsibility.

poorishlady
Sorry but yes I believe we landed on the moon, and after a recent discovery channel bit on JFK's assasination I'm inclined to believe Lee Harvey Oswald was the only trigger man,and I'm certain our government was not complicit in 9/11.
The quantity of people that died around Clinton and the manner they died in is iat the very least, disturbing and this family's commitment to outside influences (non american) is borderline treasonous.

But keep on chanting yes we can and remain poorish.

the trickle down effect of this is going to blow your mind

It's a tricky thing. What cos. are left that are "profitable" and paying U.S. corporate taxes? Hmm.

Don't know which scenario is worse - unregulated U.S. financial industry or foreign domination of the financial industry. I am sure conspiracy theorists and others are going to tell us how the latter scenario can come to be.

the market is selling off on the tax, even after great earnings from JP Morgan. Lots of people are talking about the multiplier effect this tax will have

Funny given it was announced yesterday morning and everyone seems to be talking about JPM's loan losses.

"Don't know which scenario is worse - unregulated U.S. financial industry or foreign domination of the financial industry. I am sure conspiracy theorists and others are going to tell us how the latter scenario can come to be."

They already have. See, e.g., Clyde Prestowitz, "Trading Places: How We Are Giving Our Future to Japan and How to Reclaim It" (1988).

the market is selling off on the tax, even after great earnings from JP Morgan. Lots of people are talking about the multiplier effect this tax will have

Funny, it's not as if they were capital constrained in their lending.

OPEX held it up yesterday. The loan losses are not new but this 117 billion is.

> The loan losses are not new

Well, they're new to rangersfan.

somewhereelse/eddiewilson/ny90210/ferrisbueller/aliceinwonderland

can you please take your giant inflatable rat and bullhorn to the streets where you will get the same sort of recognition you deserve here. wtf are you talking about? this from a guy who said TARP was never expected to be repaid, etc, etc, etc. You seem to have an opinion on lots but know very little. classic douchebaggary.

this tax is going to cost Citi and Jp Morgan 2.4 billion a year each for the next 10 years. They are two of nyc largest employers.

Yowsers

> this from a guy who said TARP was never expected to be repaid, etc, etc, etc

Yes, it was from a guy who was... right. You were already corrected on this by several people. If you still think you were right on it.... WOW.

> You seem to have an opinion on lots but know very little

hmmm... coming from the guy who repeated himself 20x and was proven wrong each time.

From someone like you who actually knows nothing, the claim that I know nothing is quite a compliment.

the community organizer with all his job creation experience will take care of everything. so don't worry

Yup, your right TARP was never expected to be repaid except in the actual legislation there is language on how the gvmt will be expected to recoup its outlays in the program - but it was expected it would take 5 years to quantify the results of the program.

I said that the financials would end up making up for any losses in TARP and that those losses would come from AIG and the autos. EXACTLY what happened and exactly what obamie is proposing with this levy. How is that wrong dorothy?

The program makes sense except as somewhereelse pointed out, it was clearly a response to the public outratge, and the revenue is one of the few politically acceptable sources in the current environment. The Democrats have suddenly got nervous about spending money they don't have.

all the dems care about is power

"I said that the financials would end up making up for any losses in TARP and that those losses would come from AIG and the autos."

Actually, you didn't. You were proven wrong, and then tried to slide AIG into the auto bucket! Even though AIG was in the FIRST BUCKET and the money went TO THE BANKS!

Lying because you refuse to admit you were wrong... WOW.

Don't disagree it is a populist reactionary impulse and a no-brainer for obamie. not sure it will make it all the way to the finish line but it sure will be a fun ride.

ranger you are makin an arse of yourself. move on already, you were wrong

where are our senators and congressmen protecting 25% of their states gdp

> ranger you are makin an arse of yourself. move on already, you were wrong

which usually leads folks like that to just dig in more...

Is Rangel back from his taxpayer paid Copenhagen trip yet?