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- - This is for you Trump voters. (https://www.tribalwar.com/forums/showthread.php?t=683482)

Quote:

Originally Posted by havax (Post 18547637)

should be publicly available, right?

According to Obama, it should be.
http://www.youtube.com/watch?v=OXWTdTnhebs

http://www.politifact.com/truth-o-me...all-loans-it-/

The big evil financial institutions paid their loans back in less time than the auto industry and the government actually made money off of it.

shoulda sent them to jail and broken them up

now they're right back at it being pricks and we're all gonna lose

u work in insurance

amazing how ****ing oblivious to reality you are

is your mom a drunk

jw

goshin has a job

this is news

in my mind i imagine he actually is pamperchu

Quote:

Originally Posted by LouCypher (Post 18547635)

The auto companies paid their loans back.

Not the ****ing point. You are obviously a fan of spending other people's money on ****heads who should have ****ing known better.

Keep trolling me though....

From that politifact article:

Quote:

All told, the Treasury Department reported that the program cost taxpayers $79.7 billion, of which $70.4 billion was recovered. Under that estimate, the program lost about $9.3 billion. In April, the Congressional Budget Office estimated that the program would end up costing about $14 billion

I didn't like Bush using TARP, but since the banks hold peoples' money and the risk of investments disappearing could be catastrophic, I at least understood it. They should have been punished but were not. But loaning GM and Chrysler money was not the role of the USG. Just like Obama giving all that money to green energy companies...which all failed.

Handouts gotta stop.

Quote:

Originally Posted by MasterGnr (Post 18547734)

I didn't like Bush using TARP, but since the banks hold peoples' money and the risk of investments disappearing could be catastrophic, I at least understood it.

There you go again, making excuses for Bush. These banks and their business practices caused the recession, and their CEOs stayed out of jail and got our money.

Quote:

Originally Posted by MasterGnr (Post 18547734)

They should have been punished but were not. But loaning GM and Chrysler money was not the role of the USG.

You're right. It would have been better if the US auto industry collapsed, all their employees lost their jobs, and we'd all be buying Honda and Toyota.

honestly Toyotas are ****ing tanks

u guys lost out both ways

Quote:

Originally Posted by coombz (Post 18547747)

honestly Toyotas are ****ing tanks

I know. I watch Top Gear.

i don't

but i live in the land of the Corolla

Quote:

Originally Posted by KingSobieski (Post 18547702)

in my mind i imagine he actually is pamperchu

He's an engineer, but no one will employ him because he smells like pee from the used diapers he wears. He said so on his twitter once.

Quote:

Originally Posted by NoGodForMe (Post 18547342)

Bottom feeders is correct, looking to pilfer from those who work. They vote democrat no matter what, because they want free handouts. This would include the people in the pic, blacks, and union workers. That's why the election will be so close.

Yes, it would be nice to give these people places of their own. We've already done it here in the states for the blacks (Detroit, Chicago) and liberals (California, New York). These places I've just mentioned are broke, **** holes, people are fleeing to red states in droves. Why? There's nothing left to pilfer where they are. So we use the state and city names as a verb, to mean don't screw up my city. For example, "Don't Detroit Dallas." or "Don't California Texas."

The same can be said about ISIS, who are pilfering Christian settlements across Syria and northern Iraq. The problem here, is they pilfer and kill the Christians.

You and I both know they figured out how to buy votes long ago... and the biggest reason they want latinos / hispanics brought in. Steal from the producing class and give it to the recipient class. Securing votes secures elections and secures the power that comes with it. The Political class doesnt have to deal with the everyday problems they create, they have protections and benefits their position provides.

The salient point I am getting at is this: give them a space without the producing class's tax money. Have them put their altruistic beliefs in action and monitor their results. Their challenge is to build their utopia from scratch. They certainly can't whine that they had to fight for any space with other competing societies / cultures. Just them; only them. An entire continent for them to conquer on their own.

These sjws and other dregs of humanity have this notion that they are just so much smarter than everyone else.

Prove it.

Quote:

Originally Posted by -SS- (Post 18547803)

Have them put their altruistic beliefs in action and monitor their results. Their challenge is to build their utopia from scratch. They certainly can't whine that they had to fight for any space with other competing societies / cultures. Just them; only them. An entire continent for them to conquer on their own.

These sjws and other dregs of humanity have this notion that they are just so much smarter than everyone else.

Prove it.

I've been telling you to do the same thing for years

Go to somalia and try your limited govt freedoms and liberties out

Quote:

Originally Posted by LouCypher (Post 18547737)

There you go again, making excuses for Bush. These banks and their business practices caused the recession, and their CEOs stayed out of jail and got our money.
You're right. It would have been better if the US auto industry collapsed, all their employees lost their jobs, and we'd all be buying Honda and Toyota.

you do realize that all the car manufactures that took the "bail out" STILL went and claimed bankruptcy? that the bail out did nothing to prevent them from claiming bankruptcy?

yet they're still here.... Surprise!

Car makers file bankruptcy, it was because the law allows them to and it is sound business practice.

Trump has one of his companies file bankruptcy and he doesn't know what he is doing and is a horrible CEO.

Sent from my XT1585 using Tapatalk

Quote:

Originally Posted by DealyRrunk (Post 18547814)

I've been telling you to do the same thing for years

Go to somalia and try your limited govt freedoms and liberties out

Somalia, the country that was destroyed by attempts to implement Soviet style socialism? The country that has much better human rights and social welfare records under its current relative anarchism than it had under a centralized government? You statists are a ****ing hoot.

Quote:

In 1970, under the influence of the Soviet Union, Barre transformed his military dictatorship into a socialist one. Full-scale central planning pursued under the government’s policy of “scien-tific socialism” brutalized the Somali people. The government slaughtered civilians who posed threats to the government’s plans or political power, used coercive intimidation to create artificial support for its activities, and forcibly relocated others to further the political or economic ends of Barre and his cronies. “Both the urban population and nomads living in the countryside [were] subjected to summary killings, arbitrary arrest, detention in squalid conditions, torture, ****, crippling constraints on freedom of movement and expression and a pattern of psychological intimidation” (Africa Watch Committee, 1990, p. 9).)

Quote:

Somalia remains a country with severe problems. But it appears to have fared better under recent statelessness than it did under government. A comprehensive view of the data that allow pre- and post-anarchy welfare comparisons suggest that anarchy has improved Somali development in important ways. Contrary to our typical intuition, in Somalia it seems that social welfare has improved because of, rather than despite, the absence of a central state. Somalia’s government was oppressive, exploitative, and brutal. The extent of this predation created a situation in which social welfare was depressed below the level it could achieve without any government at all. The emergence of anarchy in 1991 opened up opportunities for advancement not possible before government’s collapse. In particular, economic progress and improved public goods provision in critical areas flourished in the absence of a monopolistic and corrupt state.

Better Off Stateless: Somalia before and after government collapse | Peter Leeson | George Mason University

Quote:

Originally Posted by starwolf_nexus (Post 18547816)

Quote:

At the same time, it***8217;s possible the Treasury would not have recovered any of the investment from either administration had Obama***8217;s White House not taken the steps to restructure the companies through a managed bankruptcy.

Without the bailout they could have just said "**** it, we're closing, nobody is getting paid" leaving creditors, suppliers, and their employees out in the cold. We could have added GM and Chrysler to the long list of defunct automobile manufacturers. Their former employees would go on unemployment, retire early, and/or apply for government assistance in the form of food stamps or Medicaid. You think $14 billion was a big loss? Imagine that tax burden.