Frank the Tank
VIP Member
- Dec 15, 2017
- 719
- 72
- Thread starter
- #141
Now that Donald Trump acknowledges the economic damage his tariffs are doing by offering farmers a $12 BILLION bailout for damage caused by the tariff HE and REPUBLICANS have imposed....there are numerous questions that should be asked. Tops among them would be what other self imposed government spending should we expect?
So...if farmers get a bailout for economic damage caused by this President....who else will get a bailout?! Plus, of course, how many tax dollars will be sacrificed to do so?
On Trump's farm bailout, the GOP doth protest too much
We are seeing a pattern develop where Republican policy leads to gigantic bailouts (see Gramm/Leach/Bliley Republican bill that passed in 1999 that led to the economic crash in 2008). We are also seeing that Republican legislation often leads to large swaths of Republican spending to accommodate for that Republican legislation.
We should, at minimum, be able to say that Republicans are NOT the party of 'fiscal responsibility'...it is the exact opposite.
^^^^^Probably supported the bank and GM bailouts and the free give aways to "green energy" companies but despises middle America so much his own hypocrisy can't slap any sense into him.
Are you asserting that the financial disaster of 2008 could have been reversed WITHOUT capitalizing the banks?!?!? Please explain how that would work....especially given the fact the Fed already had interest rates at all time lows? Bailing out the banks sucked...but, it was necessary given money that is lent to businesses flow through them. You can thank Obama, by the way, for structuring repayment from the banks in the second round of TARP. You're welcome.
By the way....the bailout for the farmers was addressing a self inflicted problem CAUSED BY TRUMP/REPUBLICANS for Christ sake.....you need to start slapping yourself.
You can thank Obama, by the way, for structuring repayment from the banks in the second round of TARP.
Obama did something? Any specifics?
Why....we're not debating TARP right now?
You made a silly claim and won't back it up.
I'm shocked!
God you people are pathetic.
Barack Obama says banks paid back all the federal bailout money