TARP money Wasted at GM (and almost everywhere else)

Discussion in 'Economics' started by wilburbear, Apr 22, 2009.

  1. Just announced won't make June interest payment
     
  2. Rally time!
     
  3. Mvic

    Mvic

    :D

    I initiated a large short on SPG today so you are probably right :)
     
  4. Of course...........they have been wasting their own money...............What else could you expect to do with taxpayers money???
     
  5. The U.S. gov't can waste other people's money, have a poor track record with its investments, suffer no accountability, and continue to have access to unlimited funds.

    Absolute power corrupts absolutely.
     
  6. Agreed! Use that money to put build a jail in Russia and put each one of these criminals in a cell with a rabid monkey!
     
  7. MattF

    MattF

    can't pay? Oh well, we'll give you 2 more billion.

    It's the 30 they wanted in small chunks...
     
  8. And....

    Just how many "small" businesses" have been bailed out ?

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    Too big to fail....really should be the acid test....

    Too big to fail ....should be the first to be allowed to fail....

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    "Small business" has been dogged by oligopolists, monopolists, etc.... for many years....

    With the most harmful being "high taxes"....
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    Kill the estuary....

    Kill the species....

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    USA Govt....= Stupidity and Cronyism

    Paid by Lobbyists....

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    The two party system by advertising should go first....

    Educated far beyond their intelligence....

    Geithner, Summers, and Bernanke being perfect examples....