Members chris-dax Posted February 5, 2009 Members Posted February 5, 2009 Watchdog: Treasury overpaid for bank stocks WASHINGTON (AP) - The federal government overpaid for stocks and other assets from financial institutions under its $700 billion rescue program. The chairwoman of the Congressional Oversight Panel for the bailout funds told the Senate Banking committee Thursday that Treasury in 2008 paid $254 billion and received assets worth about $176 billion. Hey what the {censored}...it's only 80 BILLION {censored}ING DOLLARS It's not my money, what do I care...oh wait IT IS MY {censored}ING MONEY At that rate and extrapolating the 700B Bush stim and the 1Trillion O stim, the geniuses in Congress will have literally flushed something like $350 Billion dollars - I mean burned it up in smoke....350 BILLION for literally nothing... which does not even consider the merits of the bill itself...just a 350 billion {censored} up... make me wanna holler...
Members Goofball Jones Posted February 5, 2009 Members Posted February 5, 2009 To put this in perspective, with the Obama stimulus package of one trillion dollars by the time it's over. If there were only one person in the United States, that person would have to pay one TRILLION dollars. Just like breaking it down for everyone.
CMS Author Craig Vecchione Posted February 5, 2009 CMS Author Posted February 5, 2009 Didn't some CEO get an $83,000 rug for his office? So it's not all gloom and doom. Just sayin'
Members kaiser_sosea Posted February 5, 2009 Members Posted February 5, 2009 Didn't some CEO get an $83,000 rug for his office? So it's not all gloom and doom. Just sayin' Wow a rug that gives BJ's, mixes cocktails, and cleans??
CMS Author Craig Vecchione Posted February 5, 2009 CMS Author Posted February 5, 2009 Wow a rug that gives BJ's, mixes cocktails, and cleans?? No. Just. A rug. Collects dust, CEO farts, and the ashes of illegal Cuban stogies.
Members bnyswonger Posted February 5, 2009 Members Posted February 5, 2009 Hey - a good rug is worth its weight in gold!
Members hawkhuff Posted February 7, 2009 Members Posted February 7, 2009 At that rate and extrapolating the 700B Bush stim and the 1Trillion O stim, the geniuses in Congress will have literally flushed something like $350 Billion dollars - I mean burned it up in smoke....350 BILLION for literally nothing... which does not even consider the merits of the bill itself...just a 350 billion {censored} up... make me wanna holler... No, it's not your money. It is your grandchildren's and your great grandchildren's money. But hey they won't miss it with the rigorous training they're getting in the lib run government schools, uh, lemming factories. By the time they are old enough they won't care because they won't be able to read or count it anyway. Now isn't that a great indoctrination plan set forth by the dem party? Now is the time they will actually get away with it judging from the last two elections. So, cheer up.
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