Lay Aside Political Lies And Take A Good Look At The Debt

[Procrustes Stretched]

What's funny is the reality that Bush got the republicans to vote on a 700 billion dollar tax cut + bail-out for big banks and corporations in Oct 2008. But yet investment into America is somehow evil and wrong the republicans will scream.

Fuck republicans. Cock suckers.

What's funny is the reality that Bush got the republicans to vote on a 700 billion dollar tax cut + bail-out for big banks and corporations in Oct 2008.

What's funny is the bank bailout was repaid at a huge profit to the Treasury.

Barack Obama, then the Democratic presidential candidate, said that any bailout must include plans to recover the money, and protect working families and big financial institutions and be crafted to prevent such a crisis from happening again
Emergency Economic Stabilization Act of 2008 - Wikipedia, the free encyclopedia

OK because the money given to Fannie/Freddie has not been paid back, nor will it.

Bailout Scorecard | Eye on the Bailout | ProPublica

Fannie and Freddie
The total amount invested in Fannie and Freddie so far is $187B.

The Treasury has been earning a return on its investments, which has resulted in a profit. So far the companies have paid $231B in dividends to the Treasury.​

 

[Campbell]

Bush didn't even put his wars or tax cuts into the budget...So Obama got fucked.

What's sick is the reality that the republicans want to gut infrastructure, science, r&d and education that hasn't caused any debt. It is weird how they defend wall street, their stupid wars of nation building and don't do shit about other major causes of it.

Never elect republicans.

I love it.....I've run into someone on the Internet with whom I totally agree!

 

[Procrustes Stretched]

Bush didn't even put his wars or tax cuts into the budget...So Obama got fucked.

What's sick is the reality that the republicans want to gut infrastructure, science, r&d and education that hasn't caused any debt. It is weird how they defend wall street, their stupid wars of nation building and don't do shit about other major causes of it.

Never elect republicans.

I agree with it all except the part where you go off the rails with Obama somehow getting screwed

Obama fought tooth and nail for the Office knowing full well how the unfunded wars and tax cuts affected the budgets. Walking in eyes open is nothing like getting screwed

 

[Toddsterpatriot]

Ignore Toddsterpatriot and check out some facts

Bailout Scorecard | Eye on the Bailout | ProPublica

The TARP
$475B
Total Allocation
The Treasury is authorized to spend $475 billion of the TARP (In July 2010, the financial regulation overhaul reduced TARP’s spending cap to $475 billion from the original $700 billion.). It has created 13 different programs, to which it has promised $458 billion.

The government committed bailout money to 954 recipients. Those recipients have received a total of $429 billion. A total of $390 billion has been returned.

The Treasury has been earning a return on most of the TARP money invested or loaned. So far, the total return is: $52.4B.

The main sources of that revenue are $23.1 billion through dividend or interest payments, $20 billion from sales of equity or other assets that Treasury acquired (mostly stock in Citigroup); and $9.63 billion through stock warrants which Treasury received as part of most of the investments. When companies pay back the TARP investment, the warrants are either sold back to the company or auctioned off.​

When those revenues are taken into account, the government's profit totals $13.1 billion.

While the Treasury has paid out money to 954 recipients, only 780 of those received funds via investments meant to return money to taxpayers. The rest received subsidies through TARP’s housing programs – that money (so far totaling $17.3 billion) isn’t coming back.

Of the 780 investments made by the Treasury, 572 have resulted in a profit. 123 of the investments resulted in a loss. So far, the profits amount to $48.2 billion, while the losses amount to $17.3 billion. 85 of the investments are still outstanding.​

Thanks for backing up my claim.

 

[Procrustes Stretched]

Ignore Toddsterpatriot and check out some facts

Bailout Scorecard | Eye on the Bailout | ProPublica

The TARP
$475B
Total Allocation
The Treasury is authorized to spend $475 billion of the TARP (In July 2010, the financial regulation overhaul reduced TARP’s spending cap to $475 billion from the original $700 billion.). It has created 13 different programs, to which it has promised $458 billion.

The government committed bailout money to 954 recipients. Those recipients have received a total of $429 billion. A total of $390 billion has been returned.

The Treasury has been earning a return on most of the TARP money invested or loaned. So far, the total return is: $52.4B.

The main sources of that revenue are $23.1 billion through dividend or interest payments, $20 billion from sales of equity or other assets that Treasury acquired (mostly stock in Citigroup); and $9.63 billion through stock warrants which Treasury received as part of most of the investments. When companies pay back the TARP investment, the warrants are either sold back to the company or auctioned off.​

When those revenues are taken into account, the government's profit totals $13.1 billion.

While the Treasury has paid out money to 954 recipients, only 780 of those received funds via investments meant to return money to taxpayers. The rest received subsidies through TARP’s housing programs – that money (so far totaling $17.3 billion) isn’t coming back.

Of the 780 investments made by the Treasury, 572 have resulted in a profit. 123 of the investments resulted in a loss. So far, the profits amount to $48.2 billion, while the losses amount to $17.3 billion. 85 of the investments are still outstanding.​

Thanks for backing up my claim.

What's funny is the reality that Bush got the republicans to vote on a 700 billion dollar tax cut + bail-out for big banks and corporations in Oct 2008. But yet investment into America is somehow evil and wrong the republicans will scream.

Fuck republicans. Cock suckers.

What's funny is the bank bailout was repaid at a huge profit to the Treasury.

"recipients have received a total of $429 billion. A total of $390 billion has been returned"

If you owe money on an outstanding loan, no matter the amount of interest you've paid into it, is it considered repaid if it is all NOT repaid?

What about Fannie and Freddie? What about Obama's claims?

 

[Toddsterpatriot]

Ignore Toddsterpatriot and check out some facts

Bailout Scorecard | Eye on the Bailout | ProPublica

The TARP
$475B
Total Allocation
The Treasury is authorized to spend $475 billion of the TARP (In July 2010, the financial regulation overhaul reduced TARP’s spending cap to $475 billion from the original $700 billion.). It has created 13 different programs, to which it has promised $458 billion.

The government committed bailout money to 954 recipients. Those recipients have received a total of $429 billion. A total of $390 billion has been returned.

The Treasury has been earning a return on most of the TARP money invested or loaned. So far, the total return is: $52.4B.

The main sources of that revenue are $23.1 billion through dividend or interest payments, $20 billion from sales of equity or other assets that Treasury acquired (mostly stock in Citigroup); and $9.63 billion through stock warrants which Treasury received as part of most of the investments. When companies pay back the TARP investment, the warrants are either sold back to the company or auctioned off.​

When those revenues are taken into account, the government's profit totals $13.1 billion.

While the Treasury has paid out money to 954 recipients, only 780 of those received funds via investments meant to return money to taxpayers. The rest received subsidies through TARP’s housing programs – that money (so far totaling $17.3 billion) isn’t coming back.

Of the 780 investments made by the Treasury, 572 have resulted in a profit. 123 of the investments resulted in a loss. So far, the profits amount to $48.2 billion, while the losses amount to $17.3 billion. 85 of the investments are still outstanding.​

Thanks for backing up my claim.

What's funny is the reality that Bush got the republicans to vote on a 700 billion dollar tax cut + bail-out for big banks and corporations in Oct 2008. But yet investment into America is somehow evil and wrong the republicans will scream.

Fuck republicans. Cock suckers.

What's funny is the bank bailout was repaid at a huge profit to the Treasury.

"recipients have received a total of $429 billion. A total of $390 billion has been returned"

If you owe money on an outstanding loan, no matter the amount of interest you've paid into it, is it considered repaid if it is all NOT repaid?

What about Fannie and Freddie? What about Obama's claims?

"recipients have received a total of $429 billion. A total of $390 billion has been returned"

That's interesting, but that wasn't what I was talking about.

What's funny is the bank bailout was repaid at a huge profit to the Treasury


TARP's bank programs earned significant positive returns for taxpayers.
As of August 31, 2015, Treasury has recovered $275.0 billion through repayments and other income -- $29.9 billion more than the $245.1 billion originally invested.

Bank Investment Programs

What about Fannie and Freddie?

What about them?

What about Obama's claims?

Which claims? From when?

 

[Procrustes Stretched]

Ignore Toddsterpatriot and check out some facts

Bailout Scorecard | Eye on the Bailout | ProPublica

The TARP
$475B
Total Allocation
The Treasury is authorized to spend $475 billion of the TARP (In July 2010, the financial regulation overhaul reduced TARP’s spending cap to $475 billion from the original $700 billion.). It has created 13 different programs, to which it has promised $458 billion.

The government committed bailout money to 954 recipients. Those recipients have received a total of $429 billion. A total of $390 billion has been returned.

The Treasury has been earning a return on most of the TARP money invested or loaned. So far, the total return is: $52.4B.

The main sources of that revenue are $23.1 billion through dividend or interest payments, $20 billion from sales of equity or other assets that Treasury acquired (mostly stock in Citigroup); and $9.63 billion through stock warrants which Treasury received as part of most of the investments. When companies pay back the TARP investment, the warrants are either sold back to the company or auctioned off.​

When those revenues are taken into account, the government's profit totals $13.1 billion.

While the Treasury has paid out money to 954 recipients, only 780 of those received funds via investments meant to return money to taxpayers. The rest received subsidies through TARP’s housing programs – that money (so far totaling $17.3 billion) isn’t coming back.

Of the 780 investments made by the Treasury, 572 have resulted in a profit. 123 of the investments resulted in a loss. So far, the profits amount to $48.2 billion, while the losses amount to $17.3 billion. 85 of the investments are still outstanding.​

Thanks for backing up my claim.

What's funny is the reality that Bush got the republicans to vote on a 700 billion dollar tax cut + bail-out for big banks and corporations in Oct 2008. But yet investment into America is somehow evil and wrong the republicans will scream.

Fuck republicans. Cock suckers.

What's funny is the bank bailout was repaid at a huge profit to the Treasury.

"recipients have received a total of $429 billion. A total of $390 billion has been returned"

If you owe money on an outstanding loan, no matter the amount of interest you've paid into it, is it considered repaid if it is all NOT repaid?

What about Fannie and Freddie? What about Obama's claims?

"recipients have received a total of $429 billion. A total of $390 billion has been returned"

That's interesting, but that wasn't what I was talking about.

What's funny is the bank bailout was repaid at a huge profit to the Treasury


TARP's bank programs earned significant positive returns for taxpayers.
As of August 31, 2015, Treasury has recovered $275.0 billion through repayments and other income -- $29.9 billion more than the $245.1 billion originally invested.

Bank Investment Programs

What about Fannie and Freddie?

What about them?

What about Obama's claims?

Which claims? From when?

You didn't say the Tarp was repaid?

 

[Toddsterpatriot]

Ignore Toddsterpatriot and check out some facts

Bailout Scorecard | Eye on the Bailout | ProPublica

The TARP
$475B
Total Allocation
The Treasury is authorized to spend $475 billion of the TARP (In July 2010, the financial regulation overhaul reduced TARP’s spending cap to $475 billion from the original $700 billion.). It has created 13 different programs, to which it has promised $458 billion.

The government committed bailout money to 954 recipients. Those recipients have received a total of $429 billion. A total of $390 billion has been returned.

The Treasury has been earning a return on most of the TARP money invested or loaned. So far, the total return is: $52.4B.

The main sources of that revenue are $23.1 billion through dividend or interest payments, $20 billion from sales of equity or other assets that Treasury acquired (mostly stock in Citigroup); and $9.63 billion through stock warrants which Treasury received as part of most of the investments. When companies pay back the TARP investment, the warrants are either sold back to the company or auctioned off.​

When those revenues are taken into account, the government's profit totals $13.1 billion.

While the Treasury has paid out money to 954 recipients, only 780 of those received funds via investments meant to return money to taxpayers. The rest received subsidies through TARP’s housing programs – that money (so far totaling $17.3 billion) isn’t coming back.

Of the 780 investments made by the Treasury, 572 have resulted in a profit. 123 of the investments resulted in a loss. So far, the profits amount to $48.2 billion, while the losses amount to $17.3 billion. 85 of the investments are still outstanding.​

Thanks for backing up my claim.

What's funny is the reality that Bush got the republicans to vote on a 700 billion dollar tax cut + bail-out for big banks and corporations in Oct 2008. But yet investment into America is somehow evil and wrong the republicans will scream.

Fuck republicans. Cock suckers.

What's funny is the bank bailout was repaid at a huge profit to the Treasury.

"recipients have received a total of $429 billion. A total of $390 billion has been returned"

If you owe money on an outstanding loan, no matter the amount of interest you've paid into it, is it considered repaid if it is all NOT repaid?

What about Fannie and Freddie? What about Obama's claims?

"recipients have received a total of $429 billion. A total of $390 billion has been returned"

That's interesting, but that wasn't what I was talking about.

What's funny is the bank bailout was repaid at a huge profit to the Treasury


TARP's bank programs earned significant positive returns for taxpayers.
As of August 31, 2015, Treasury has recovered $275.0 billion through repayments and other income -- $29.9 billion more than the $245.1 billion originally invested.

Bank Investment Programs

What about Fannie and Freddie?

What about them?

What about Obama's claims?

Which claims? From when?

You didn't say the Tarp was repaid?

"What's funny is the bank bailout was repaid at a huge profit to the Treasury"

 

[Procrustes Stretched]

"What's funny is the bank bailout was repaid at a huge profit to the Treasury"

If a loan has an outstanding debt on the principle, no matter how much is collected through interest, is it considered repaid if the amount of the interest pushes the total about the initial loan amount, while there is still an outstanding debt?

 

[Toddsterpatriot]

"What's funny is the bank bailout was repaid at a huge profit to the Treasury"

If a lone has an outstanding debt on the principle, no matter how much is collected through interest, is it considered repaid if the amount of the interest pushes the total about the initial loan amount, while there is still an outstanding debt?

is it considered repaid if the amount of the interest pushes the total about the initial loan amount, while there is still an outstanding debt?

Banks received $245 billion. The Treasury got back $275 billion in loan repayments, interest and warrant sales.
Did every bank repay their loans? No. Some went out of business.
Are some loans still outstanding? Sure. But even if every outstanding loan defaults with zero recovery, the $30 billion profit from the bank bailout repayments remains.

 

[Procrustes Stretched]

"What's funny is the bank bailout was repaid at a huge profit to the Treasury"

If a lone has an outstanding debt on the principle, no matter how much is collected through interest, is it considered repaid if the amount of the interest pushes the total about the initial loan amount, while there is still an outstanding debt?

is it considered repaid if the amount of the interest pushes the total about the initial loan amount, while there is still an outstanding debt?

Banks received $245 billion. The Treasury got back $275 billion in loan repayments, interest and warrant sales.
Did every bank repay their loans? No. Some went out of business.
Are some loans still outstanding? Sure. But even if every outstanding loan defaults with zero recovery, the $30 billion profit from the bank bailout repayments remains.

So you agree the loans were NOT paid back

okay

 

[Procrustes Stretched]

Toddsterpatriot

is the US government a business entity?

 

[Procrustes Stretched]

Facts are:
TARP Tracker from September 2008 to August 2015
http://www.treasury.gov/initiatives/financial-stability/reports/Pages/TARP-Tracker.aspx


TARP Tracker from September 2008 to August 2015
Disposition of TARP Funds to datePercent Recovered: 98.9
TARP Tracker from September 2008 to August 2015

• 
  
  
  • All
  • AIG
  • Auto
  • Bank
  • Credit
  • Housing

EESA becomes law on Oct. 3, 2008Dollar Amounts (Billions)Total TARP Funds OutstandingSource: Tarp Reports

Bush and TARP and Obama and Auto Co loans

Obama says automakers have paid back all the loans it got from his admin 'and more'

 

[Toddsterpatriot]

"What's funny is the bank bailout was repaid at a huge profit to the Treasury"

If a lone has an outstanding debt on the principle, no matter how much is collected through interest, is it considered repaid if the amount of the interest pushes the total about the initial loan amount, while there is still an outstanding debt?

is it considered repaid if the amount of the interest pushes the total about the initial loan amount, while there is still an outstanding debt?

Banks received $245 billion. The Treasury got back $275 billion in loan repayments, interest and warrant sales.
Did every bank repay their loans? No. Some went out of business.
Are some loans still outstanding? Sure. But even if every outstanding loan defaults with zero recovery, the $30 billion profit from the bank bailout repayments remains.

So you agree the loans were NOT paid back

okay

Banks received $245 billion. The Treasury got back $275 billion in loan repayments, interest and warrant sales.

Looks like a $30 billion profit.

 

[Toddsterpatriot]

Facts are:
TARP Tracker from September 2008 to August 2015
http://www.treasury.gov/initiatives/financial-stability/reports/Pages/TARP-Tracker.aspx


TARP Tracker from September 2008 to August 2015
Disposition of TARP Funds to datePercent Recovered: 98.9
TARP Tracker from September 2008 to August 2015

• 
  
  
  • All
  • AIG
  • Auto
  • Bank
  • Credit
  • Housing

EESA becomes law on Oct. 3, 2008Dollar Amounts (Billions)Total TARP Funds OutstandingSource: Tarp Reports

Bush and TARP and Obama and Auto Co loans

Obama says automakers have paid back all the loans it got from his admin 'and more'

Obama says automakers have paid back all the loans it got from his admin 'and more'

He's funny.....and bad at math. Or a liar.

We lost $11.4 billion on loans to GM.
$1.2 billion on loans to Chrysler.


http://projects.propublica.org/bailout/list/index

 

[Procrustes Stretched]

"What's funny is the bank bailout was repaid at a huge profit to the Treasury"

If a lone has an outstanding debt on the principle, no matter how much is collected through interest, is it considered repaid if the amount of the interest pushes the total about the initial loan amount, while there is still an outstanding debt?

is it considered repaid if the amount of the interest pushes the total about the initial loan amount, while there is still an outstanding debt?

Banks received $245 billion. The Treasury got back $275 billion in loan repayments, interest and warrant sales.
Did every bank repay their loans? No. Some went out of business.
Are some loans still outstanding? Sure. But even if every outstanding loan defaults with zero recovery, the $30 billion profit from the bank bailout repayments remains.

So you agree the loans were NOT paid back

okay

Banks received $245 billion. The Treasury got back $275 billion in loan repayments, interest and warrant sales.

Looks like a $30 billion profit.

except you kept saying the loans were all paid back until called out on it. I guess the USA can write it off as a loss, eh? The loans have not been fully repaid

 

[Procrustes Stretched]

Facts are:
TARP Tracker from September 2008 to August 2015
http://www.treasury.gov/initiatives/financial-stability/reports/Pages/TARP-Tracker.aspx


TARP Tracker from September 2008 to August 2015
Disposition of TARP Funds to datePercent Recovered: 98.9
TARP Tracker from September 2008 to August 2015

• 
  
  
  • All
  • AIG
  • Auto
  • Bank
  • Credit
  • Housing

EESA becomes law on Oct. 3, 2008Dollar Amounts (Billions)Total TARP Funds OutstandingSource: Tarp Reports

Bush and TARP and Obama and Auto Co loans

Obama says automakers have paid back all the loans it got from his admin 'and more'

Obama says automakers have paid back all the loans it got from his admin 'and more'

He's funny.....and bad at math. Or a liar.

We lost $11.4 billion on loans to GM.
$1.2 billion on loans to Chrysler.


http://projects.propublica.org/bailout/list/index

Obama did not lie. He was cherry picking his facts.

Obama said, "The auto companies have now repaid taxpayers every dime and more of what my administration invested in."



You are the one who has lied. Oh well

 

[BluesLegend]

Facts are:
TARP Tracker from September 2008 to August 2015
http://www.treasury.gov/initiatives/financial-stability/reports/Pages/TARP-Tracker.aspx


TARP Tracker from September 2008 to August 2015
Disposition of TARP Funds to datePercent Recovered: 98.9
TARP Tracker from September 2008 to August 2015

• 
  
  
  • All
  • AIG
  • Auto
  • Bank
  • Credit
  • Housing

EESA becomes law on Oct. 3, 2008Dollar Amounts (Billions)Total TARP Funds OutstandingSource: Tarp Reports

Bush and TARP and Obama and Auto Co loans

Obama says automakers have paid back all the loans it got from his admin 'and more'

Obama says automakers have paid back all the loans it got from his admin 'and more'

He's funny.....and bad at math. Or a liar.

We lost $11.4 billion on loans to GM.
$1.2 billion on loans to Chrysler.


Bailout List: Banks, Auto Companies, and More | Eye on the Bailout | ProPublica

Obama did not lie. He was cherry picking his facts.

Obama said, "The auto companies have now repaid taxpayers every dime and more of what my administration invested in."



You are the one who has lied. Oh well

So in reality Obama lied threw his teeth, as is typical for him. Where's my $2,500 in healthcare savings? I think he owes me like $7,500 now.

 

[Procrustes Stretched]

So in reality Obama lied threw his teeth, as is typical for him. Where's my $2,500 in healthcare savings? I think he owes me like $7,500 now.

How did he lie? "The auto companies have now repaid taxpayers every dime and more of what my administration invested in."

Jesus, some of you people wouldn't know a lie if it hit you upside the head. What is ironic is that you people more often lie than not

 

[Maryland Patriot]

So in reality Obama lied threw his teeth, as is typical for him. Where's my $2,500 in healthcare savings? I think he owes me like $7,500 now.

How did he lie? "The auto companies have now repaid taxpayers every dime and more of what my administration invested in."

Jesus, some of you people wouldn't know a lie if it hit you upside the head. What is ironic is that you people more often lie than not

the dimes they repaid.
its the pennies, nickles quarters and dollars that we are still waiting for.