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jschurchin Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-16-09 10:08 AM
Original message
Wow, just wow..........
Does the IRS ever cut us a break like this

The federal government quietly agreed to forgo billions of dollars in potential tax payments from Citigroup as part of the deal announced this week to wean the company from the massive taxpayer bailout that helped it survive the financial crisis.


Then again, we are just the working folks who gave Citi OUR FUCKING MONEY. A couple shout out's are required here. Hey Ben, FUCK YOU ASSHOLE. Hey Timmy, FUCK YOU TOO.

Maybe next time, a little Vasoline to go with that dick up OUR ass.

http://jessescrossroadscafe.blogspot.com/
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valerief Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-16-09 10:10 AM
Response to Original message
1. Who? Us? The gun fodder? Get a break? I wonder who are next
officially Republican president will be.
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villager Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-16-09 10:18 AM
Response to Original message
2. Change and hope for Citigroup!
n/t
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formercia Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-16-09 10:18 AM
Response to Original message
3. I thought you had to make a profit before you paid taxes.
If Citi is making a profit, they should pay taxes on it. Even with creative accounting, they owe. Feh.
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gateley Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-16-09 10:24 AM
Response to Original message
4. BILLIONS of dollars. Put it on our tab. Can't Obama's money people just say NO? nt
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pokercat999 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-18-09 05:43 AM
Response to Reply #4
21. Obama is supposed to be the BOSS it's at his feet....nt
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HCE SuiGeneris Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-16-09 10:24 AM
Response to Original message
5. Billions in bonuses, billions in tax forgiveness. Sweet!!!
:puke: :wtf:
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notesdev Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-16-09 10:24 AM
Response to Original message
6. Stop doing business with Citi
yank your accounts - put them in a non-TARP bank if you can find one (a credit union is ideal).
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progressoid Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-16-09 10:30 AM
Response to Reply #6
7. IF you can find one.
I have yet to find someone to buy my home loan away from CITI.
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notesdev Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-16-09 10:36 AM
Response to Reply #7
9. If you're not underwater
then refi elsewhere may be an option. Citi gets their payoff and the original mortgage is satisfied, then the new bank is the one you do business with.
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progressoid Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-16-09 10:53 AM
Response to Reply #9
10. Not underwater but
with my wife and my incomes drastically lower for the last two years, no one wants to refinance us.
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dixiegrrrrl Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-16-09 10:31 AM
Response to Original message
8. The way i read that is
" the bankster-owned government cut a deal to stop giving taxpayer money away to Citibank
AND
let Citibank off the hook for paying billions in future money TO the government,
thus screwing the taxpayers twice".

Did I get that right?
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jschurchin Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-16-09 11:36 AM
Response to Reply #8
11. Yep.
Amazing, huh?
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Blue Meany Donating Member (986 posts) Send PM | Profile | Ignore Wed Dec-16-09 12:26 PM
Response to Reply #11
12. So when I get my my next credit card statement,
I'll just send it back with a note that I paid my taxes and they can take it out of my share of the bailout.
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jschurchin Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-16-09 12:51 PM
Response to Reply #12
14. There you go.
Now thats a GREAT idea.
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OllieLotte Donating Member (495 posts) Send PM | Profile | Ignore Wed Dec-16-09 12:42 PM
Response to Original message
13. So you think Timmy and Ben's boss didn't know about it?
...or maybe he approved and didn't really understand what he was doing?
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jschurchin Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-16-09 03:03 PM
Response to Reply #13
15. He may have.
But then again, any good CEO really doesn't micromanange the CFO. A good CEO hires a good CFO, maybe it's his ability to judge good talent, cause let's face it, Geitner's a idiot.
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girl gone mad Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-16-09 06:20 PM
Response to Original message
16. They normally don't cut ANYONE a break like this.
Which is why I smell corruption.

Even if you want to argue that this is a dumb ploy in the effort to recapitalize banks and get them lending again, why only bless Citi with this favorable scheme?
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JohnWxy Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-16-09 06:31 PM
Response to Original message
17. THE WAY TO ROB A BANK (AND THE GOVERNMENT) IS TO OWN ONE (AND THE GOVERNMENT).
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NoUsername Donating Member (265 posts) Send PM | Profile | Ignore Wed Dec-16-09 11:53 PM
Response to Original message
18. Remember that "too big to fail" thingy?
Well, it looks like they're also too big to pay taxes. Everyone knows that only the little people pay taxes.

Nothing new here. Next up, expect Congress to pass a law exempting the top 1% from having to pay taxes. After all, they need to keep their money in order to "get the economy rolling" and "create jobs."

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upi402 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-17-09 02:46 AM
Response to Reply #18
19. I'm so tired. Tired of following all the rules
and paying my dues, and paying all that's due and then some. Sick and tired of a broken system.
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NoUsername Donating Member (265 posts) Send PM | Profile | Ignore Thu Dec-17-09 11:52 PM
Response to Reply #19
20. I'm beyond tired. I'm actually way behond fed up. That happened long ago.
The current administration is nothing more than a long line of successive administrations whose only goal is to preserve the status quo. But in recent years, they're not just preserving the status quo but rather increasing it many times over, entirely at a the expense of the poor and withering middle-class. It's like they want to see how much they can get from us before we finally break. And then push it further. And further. Because that's what their corporate masters want. Maximum profits for minimal expense. And they will keep pushing it until Americans get off their fucking couches and say "Enough is enough."

But that's never gonna happen as long as "American Idol" is on so the elites have nothing to worry about.
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Indenturedebtor Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-21-09 09:34 PM
Response to Original message
22. Change from every dollar you earn to every company that's "too big to fail" n/t
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