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Reply #6: You need to stop projecting because you sound like a teabagger [View All]

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szatmar666 Donating Member (532 posts) Send PM | Profile | Ignore Sun May-02-10 06:47 PM
Response to Reply #5
6. You need to stop projecting because you sound like a teabagger
If I need to read anything why don't you quote and link to what you think I need to read?! Oh I know: because you are making shit up. As the bloomberg article I quotedhttp://www.bloomberg.com/apps/news?pid=20601087&sid=aY0tX8UysIaM"> ("U.S. Rescue May Reach $23.7 Trillion, Barofsky Says" July 20, 2009) says the $23 trillion are not actual dollars the taxpayer is paying to anyone, but rather it's the ESTIMATED RISK taxpayers originally took when they bailed out those banks and it's equal to the estimated amount of money Uncle Sam was on the hook for if all of the banks in the program failed. This was over a year ago. Today most of the banks left the program and paid back the money. If you know better info I would love to learn, I as opposed to you am a liberal and being open minded to facts goes with the territory.

"Of the $700 billion in TARP funding authorized by Congress in October 2008, the Treasury has planned for $545.1 billion in investments, committed $489.8 billion and disbursed $380.3 billion as of March 31. Institutions had repaid $180.8 billion. "
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aVHMZwNcj2B0
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