Derby Trail Forums

Go Back   Derby Trail Forums > The Steve Dellinger Discourse Den
Register FAQ Members List Calendar Today's Posts

Reply
 
Thread Tools Display Modes
  #1  
Old 11-29-2011, 02:41 PM
Cannon Shell's Avatar
Cannon Shell Cannon Shell is offline
Sha Tin
 
Join Date: Aug 2006
Posts: 20,855
Default

Quote:
Originally Posted by dellinger63 View Post
The vast majority of TARP money and according to the Fed all of the $7.7 trillion floated below market rates has been repaid. The $13 billon is profit, I presume(for the most part made loaning out that below market money at above market rates). The same can't be said for the $300 billion to Freddie and Fannie. This is bad, egg on the face of both dems and reps but there are bigger fish to fry IMO.

Unlike capital equity firms, REITS, banks, private investment etc etc. the government does not belong in the bailing out anything business as unlike the private sector the government has zero concern for the bottom line much less the risk involved.

Banks and alike who became investors in mortgage securities based on hope instead of sound business logic should have been forced to sleep in the beds they made. The same with those who signed mortgages with no money down and or cash back at signing.

Just as there should be no such thing as too small to succeed there should be no such thing as too big to fail. At least we can learn from our mistakes and say never again.
While in principle a lot of what you said is true the fact remains tht the govt is still run by pols and the political influence into everything the govt touches will not change
Reply With Quote
  #2  
Old 11-29-2011, 02:59 PM
clyde's Avatar
clyde clyde is offline
Saratoga
 
Join Date: Sep 2009
Location: Welsh Pride!
Posts: 13,837
Default

Quote:
Originally Posted by Cannon Shell View Post
While in principle a lot of what you said is true the fact remains tht the govt is still run by pols and the political influence into everything the govt touches will not change

!!!! bark-bark!!!!




http://www.youtube.com/watch?v=aLtDFeuVPtI
Reply With Quote
  #3  
Old 11-29-2011, 03:19 PM
Cannon Shell's Avatar
Cannon Shell Cannon Shell is offline
Sha Tin
 
Join Date: Aug 2006
Posts: 20,855
Default

Quote:
Originally Posted by clyde View Post
Those are japanese breds
Reply With Quote
  #4  
Old 11-29-2011, 03:24 PM
clyde's Avatar
clyde clyde is offline
Saratoga
 
Join Date: Sep 2009
Location: Welsh Pride!
Posts: 13,837
Default

























Thud!
Reply With Quote
  #5  
Old 11-29-2011, 03:00 PM
dellinger63's Avatar
dellinger63 dellinger63 is offline
Keeneland
 
Join Date: May 2006
Location: U.S.A.
Posts: 10,072
Default

Quote:
Originally Posted by Cannon Shell View Post
While in principle a lot of what you said is true the fact remains tht the govt is still run by pols and the political influence into everything the govt touches will not change

I suppose the only way to rectify the situation is to limit what the government touches and the funds/credit it has access to.
Reply With Quote
Reply



Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT -5. The time now is 08:56 PM.


Powered by vBulletin® Version 3.6.8
Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.