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kentuck (1000+ posts) Send PM | Profile | Ignore | Sat Oct-02-10 08:32 AM Original message |
TARP Uncovered -- the Real Cost of the Government Bailout |
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safeinOhio (1000+ posts) Send PM | Profile | Ignore | Sat Oct-02-10 08:35 AM Response to Original message |
1. Cost of a major depression? |
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kentuck (1000+ posts) Send PM | Profile | Ignore | Sat Oct-02-10 08:38 AM Response to Reply #1 |
2. another snip from the article |
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indepat (1000+ posts) Send PM | Profile | Ignore | Sat Oct-02-10 09:04 AM Response to Reply #2 |
4. Got a good read on the amount of largess bestowed on Goldman Sachs in all these? We know the AIG |
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still_one (1000+ posts) Send PM | Profile | Ignore | Sat Oct-02-10 09:37 AM Response to Reply #4 |
12. but also everyone's moneymarkets were wrapped up in AIG, and whatever retirement money they had |
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still_one (1000+ posts) Send PM | Profile | Ignore | Sat Oct-02-10 09:03 AM Response to Reply #1 |
3. No, if it wasn't done you would definitely have a major depression |
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kentuck (1000+ posts) Send PM | Profile | Ignore | Sat Oct-02-10 09:17 AM Response to Reply #3 |
6. Is that a fact? |
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still_one (1000+ posts) Send PM | Profile | Ignore | Sat Oct-02-10 09:20 AM Response to Reply #6 |
7. It is a fact, there would have been a liquidity crisis that would have paralled 1929 /nt |
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kentuck (1000+ posts) Send PM | Profile | Ignore | Sat Oct-02-10 09:23 AM Response to Reply #7 |
8. So there is nothing wrong with telling the truth about the actual costs? |
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still_one (1000+ posts) Send PM | Profile | Ignore | Sat Oct-02-10 09:25 AM Response to Reply #8 |
9. Absolutely nothing wrong with it /nt |
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kentuck (1000+ posts) Send PM | Profile | Ignore | Sat Oct-02-10 09:27 AM Response to Reply #9 |
10. I think that was a major point of the article... |
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still_one (1000+ posts) Send PM | Profile | Ignore | Sat Oct-02-10 09:37 AM Response to Reply #10 |
13. Thanks /nt |
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girl gone mad (1000+ posts) Send PM | Profile | Ignore | Sat Oct-02-10 09:59 AM Response to Reply #7 |
16. It wasn't merely a liquidity crisis. |
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indepat (1000+ posts) Send PM | Profile | Ignore | Sat Oct-02-10 01:38 PM Response to Reply #16 |
17. Your second paragraph encapsulates what unfettered capitalism run amok in a climate of laizze-faire |
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girl gone mad (1000+ posts) Send PM | Profile | Ignore | Sat Oct-02-10 09:34 AM Response to Reply #1 |
11. We'll know soon enough.. |
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still_one (1000+ posts) Send PM | Profile | Ignore | Sat Oct-02-10 09:51 AM Response to Reply #11 |
14. I think the only thing you can say for certain is that the bailouts delayed a full out depression |
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HughMoran (1000+ posts) Send PM | Profile | Ignore | Sat Oct-02-10 09:14 AM Response to Original message |
5. Preventing a Depression |
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ProgressiveEconomist (1000+ posts) Send PM | Profile | Ignore | Sat Oct-02-10 09:52 AM Response to Original message |
15. Most of Talbott's '$14.85 trillion bailout' estimate is absurdly mislabeled, IMO |
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girl gone mad (1000+ posts) Send PM | Profile | Ignore | Sat Oct-02-10 09:08 PM Response to Reply #15 |
19. Actually, he left out quite a bit. |
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quaker bill (1000+ posts) Send PM | Profile | Ignore | Sat Oct-02-10 02:02 PM Response to Original message |
18. The BS is strong in this one... |
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girl gone mad (1000+ posts) Send PM | Profile | Ignore | Sat Oct-02-10 09:22 PM Response to Reply #18 |
20. ""printing" the 2 trillion apparently cost nearly nothing" |
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