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2016 Postmortem

Response to Recursion (Original post)

JonLeibowitz This message was self-deleted by its author.

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Since this is coming back up: I absolutely defend the bailout [View all] Recursion Mar 2016 OP

It kept those responsible for decimating the economy from facing consequences. Live and Learn Mar 2016 #1

No it didn't. Recursion Mar 2016 #3

Financial repercussions. Businesses that should have been allowed to fail. Live and Learn Mar 2016 #9

17 last I saw, and literally hundreds of companies failed Recursion Mar 2016 #11

Pretty much this. We held the victims of the 2008 meltdown responsible, while letting the perps el_bryanto Mar 2016 #4

It's the outrage today that makes me laugh. Where was the outrage back then? livetohike Mar 2016 #2

There was plenty of outrage even on DU about it then. Live and Learn Mar 2016 #8

I don't need a site search. I've been here since 2004. livetohike Mar 2016 #15

Than you know that plenty of DUers were outraged by it, right? Why did you imply otherwise? nt el_bryanto Mar 2016 #17

WTF are you talking about? ljm2002 Mar 2016 #44

I agree with that.. DCBob Mar 2016 #5

Agreed...And yet you're for Sanders BeyondGeography Mar 2016 #6

Only tactically. Recursion Mar 2016 #10

I understand BeyondGeography Mar 2016 #13

Yeah,I don't get the outrage about the bailout, sufrommich Mar 2016 #7

Message auto-removed Name removed Mar 2016 #12

That's stale information... once the books were closed in 2014 TARP ended with $15.3 billion profit. DCBob Mar 2016 #16

Message auto-removed Name removed Mar 2016 #18

But TARP overall was a profit. DCBob Mar 2016 #19

Good point: the auto portion took a loss, but it was well worth it Recursion Mar 2016 #20

And that is the one aspect.. NCTraveler Mar 2016 #26

And how much were their overseas profits as we were "bailing them out"? kentuck Mar 2016 #14

Are you saying the US Gevernment didn't make enough money from it? Recursion Mar 2016 #21

You don't seem open to anything BernieforPres2016 Mar 2016 #36

No. I'm saying they separated their overseas profits from US profits... kentuck Mar 2016 #37

Bernie was for it, but he wanted conditions placed on it. JRLeft Mar 2016 #22

Agreed: I think Clinton's attack on Sanders here is rather simplistic Recursion Mar 2016 #24

She will Michigan by 30-40 points. JRLeft Mar 2016 #25

I disagree Recursion Mar 2016 #27

Have you seen the latest polls he's getting trounced in Michigan. JRLeft Mar 2016 #28

And if so he needs to drop out Recursion Mar 2016 #29

His goal is to force her to progressive, but she's a true corporacrat. JRLeft Mar 2016 #30

A vanity candidate?? choie Mar 2016 #32

If his message can't carry MI it's kind of absurd to keep going. (nt) Recursion Mar 2016 #34

You mean like Clinton did in 2008? choie Mar 2016 #35

Yeah, I criticized her pretty strongly back then for that (nt) Recursion Mar 2016 #45

K&R mcar Mar 2016 #23

This message was self-deleted by its author JonLeibowitz Mar 2016 #31

No, the appropriate benchmark would be the risk free rate plus a significant premium BernieforPres2016 Mar 2016 #38

This message was self-deleted by its author JonLeibowitz Mar 2016 #39

This message was self-deleted by its author BernieforPres2016 Mar 2016 #40

I am talking about what rate you charge the companies BernieforPres2016 Mar 2016 #41

Yeah I see what you're saying. JonLeibowitz Mar 2016 #42

It rescued the banks but didn't change any of the underlying structure to prevent future crises Cheese Sandwich Mar 2016 #33

Wow, where to start... ljm2002 Mar 2016 #43

Exactly, Thank You. Agony Mar 2016 #46

Politically speaking: I caused the start of the tea bagger movement. sadoldgirl Mar 2016 #47