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On Thu, 28 Jan 2010 21:42:39 -0800, "nom=de=plume"
wrote:

wrote in message
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On Thu, 28 Jan 2010 21:21:32 -0500, bpuharic wrote:

hell, bush spent a trillion dollars on the iraq war alone. that ****ed
money away like it was water

That used to be s shock line and you had to do some creative
bookkeeping to get to a trillion.
The TARP (and other handouts) cost twice that much in one tenth the
time. We didn't even create any jobs. At least The Iraq war employed
lots of people for 10 years making vehicles for the insurgents to blow
up, materiel for the troops and all manner of industrial goods we gave
the Iraqis.
At a certain point what we paid AIG makes Haliburton look like small
time thieves pinching candy bars from the 7-11. Geithner was on TV
yesterday trying to convince me that was a good idea.


Most of TARP has or will be repaid. Not so with the deaths in Iraq.
Haliburton soak us out of billions, and it's still going on.


We'll see how much really gets paid. The big banks were able to pay
but some of them are now saying they didn't really need the money in
the first place. The rat hole that won't give up any of it's money is
AIG. There is nobody there to pay it back. Hedge fund guys like Soros
have it all.

AIG owes about $70B. That's about 1 years worth of the Iraqi war. I believe
all of the major banks have paid back the money. Keep blaming Soros if that
makes you feel better.


Again, you can hate Haliburton but they did create a lot of jobs. How
many jobs did TARP create? For that matter you really need a good
sense of humor to believe the stimulus is creating many jobs. The $2B
clunker deal may have kept some Canadians and Japs working an extra
month last fall and a few car dealers got through Thanksgiving with
the lights on but they are screwed again now.

Believe what you want. The stim helped, which is obvious. Is it the final
answer, no.

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Nom=de=Plume