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bhikkhu

(10,789 posts)

45. I was always in favor of the TARP program

Fri Apr 29, 2016, 11:53 PM

Apr 2016

The alternative was a long and deep market-based solution, which was most likely to be a long and deep economic depression. Instead we got a government led intervention, and an immediate turn of course into recovery. The primary argument against is a principled stance against government intervention in markets, which I don't agree with. It should have come sooner, and if we had had better government regulation and oversight in the first place the TARP program wouldn't have been necessary.

The OP describes legislation which is fundamentally opposite of what was done in the TARP program.

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For the 'no difference' crowd here: House voted 234-183 FOR Wall Street to Steal Billions [View all] blm Apr 2016 OP

Thanks for posting this, BLM. n/t MBS Apr 2016 #1

This is only the start of anti-99% Legislation. Wellstone ruled Apr 2016 #2

That's exactly what happened in the last months of 1992, as I recall. blm Apr 2016 #4

The 234 had Democrats too and it is those we oppose egalitegirl Apr 2016 #3

This is for 'no difference' between the parties crowd. I illustrated there IS a difference. blm Apr 2016 #5

+ a million! BlueMTexpat Apr 2016 #9

Difference is between individuals (check out Democrats in 2008) egalitegirl Apr 2016 #13

So you would really have wanted a BlueMTexpat Apr 2016 #39

A better alternative egalitegirl Apr 2016 #44

I was always in favor of the TARP program bhikkhu Apr 2016 #45

We had many regulations and they knew it would happen egalitegirl Apr 2016 #46

Its easy to idealize the path not taken bhikkhu Apr 2016 #47

Regulation is not the problem but the concept of financial industry egalitegirl Apr 2016 #48

Nothing to do with outliers, DC puts on a show for us egalitegirl Apr 2016 #10

OK�and thanks for lecturing me on subjects I couldn't possibly be aware of in all my blm Apr 2016 #12

Don't you mean Democratic members? ... aggiesal Apr 2016 #36

+1000. Egalitegirl, it's not only House pubs Hortensis Apr 2016 #16

+1,000,000 Egalitegirl, please proceed... winstars Apr 2016 #17

This message was self-deleted by its author egalitegirl Apr 2016 #7

Obama can veto this moonbabygo Apr 2016 #6

Oh yeah, but it likely won't even get through the Senate sharp_stick Apr 2016 #14

Same Wall St as Clinton's bff Wall St? HooptieWagon Apr 2016 #8

Republicans claim Main Street all the time. ARE they Main Street? blm Apr 2016 #11

Nader also claimed no difference. HooptieWagon Apr 2016 #18

Nope - 'No difference' is 'no difference' and both are utter horseshit. blm Apr 2016 #19

So expect plenty of Trump Trolls to come a trolling... HERE.!!! busterbrown Apr 2016 #15

Not hard to make a show of voting against something when it's already known it will pass. Katashi_itto Apr 2016 #20

That's a great 'no difference' crowd answer. Thank you. blm Apr 2016 #21

You actually believe that Hillary will make a choice of a Justice that hasnt first Katashi_itto Apr 2016 #22

So you ARE dug in that there's 'no difference' between Dem SC justices and GOP blm Apr 2016 #23

1. I am not talking about the last 4 administrations. Katashi_itto Apr 2016 #24

Well, you chose to identify with the 'no difference' crowd and are claiming blm Apr 2016 #25

I am not obligated to jump through your hoops. Again, I wasnt talking about past admins. Katashi_itto Apr 2016 #26

LOL - Yep that Clinton appointed Ginsburg will be the exact opposite of an HRC blm Apr 2016 #27

And you just waft off to something that you wanted to talk about. Have you thought about celery? Katashi_itto Apr 2016 #28

GOTV in NC - yeah, Supreme Court rulings matter to me. blm Apr 2016 #29

I don't need to restrain myself. Your the one wafting all over the place. Katashi_itto Apr 2016 #40

Suit yourself. Or is it you're self, Chewie? blm Apr 2016 #41

Munches popcorn Katashi_itto Apr 2016 #42

Just to get to the verb here... sendero Apr 2016 #31

Ruth Bader Ginsburg. There are a lot of Dems in NC who know the difference is HUGE blm Apr 2016 #32

God damn them!!!! Initech Apr 2016 #30

11 Governors, 13 Senators, 69 Reps, 913 state seats, and left with 26% of the electorate MisterP Apr 2016 #33

Thanks for a little bit of sanity wryter2000 Apr 2016 #34

To the No Difference crowd: Perfectionism is the enemy of Goodness. Binary thinking fails Bernardo de La Paz Apr 2016 #35

The 1% are legalizing theft. Praek3 Apr 2016 #37

so they vote the way we LiberalElite Apr 2016 #38

Kick Hekate Apr 2016 #43