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#11
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#12
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#14
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nom=de=plume wrote:
wrote in message ... 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. It costs lots of money to run a couple of wars toots. If Halliburton wasn't profitable then Obama would be bailing them out. No? |
#15
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#16
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On 1/29/10 11:43 AM, I am Tosk wrote:
In , says... On Fri, 29 Jan 2010 06:22:14 -0500, wrote: The TARP (and other handouts) cost twice that much in one tenth the time. and the TARP saved the banking system, created over 1M jobs and prevented a great depression We didn't even create any jobs. At least The Iraq war employed lots of people for 10 years making uh huh. according to a consensus of economists interviewed monday by USAToday, the TARP created about 1.2M jobs Surprising to see you praising a Bush policy decision with such vigor. I still think it was a big gift to a lot of rich people. The idea that it "saved or created" any jobs has been pretty much debunked. Just because you have no job skills and are unemployable doesn't mean others are in your burning boat. |
#17
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#18
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wrote in message
... On Thu, 28 Jan 2010 21:42:39 -0800, "nom=de=plume" wrote: wrote in message . .. 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. -- Nom=de=Plume |
#19
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wrote in message
... On Fri, 29 Jan 2010 06:23:39 -0500, bpuharic wrote: On Fri, 29 Jan 2010 02:28:15 -0500, wrote: 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. and how much money will iraq pay to the US for the trillion we spent there? Again, you can hate Haliburton but they did create a lot of jobs and the war created 4400 corpses...the flower of american youth. but, then, they were middle class kids. and the right doesn't particularly care about american soldiers. I am not a fan of the war, never have been. I am still waiting for Obama to get us out. But it's his fault that the country is in financial trouble, even though Bush got us into Iraq, which is costing $10B a month??? -- Nom=de=Plume |
#20
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wrote in message
... On Thu, 28 Jan 2010 21:42:39 -0800, "nom=de=plume" wrote: Not so with the deaths in Iraq. Haliburton soak us out of billions, and it's still going on. I agree the Iraq war was stupid but I have thought that since 1991. We should have come home when Powell said we should. Haliburton was simply the price we paid for not having a draft. In earlier times it would have been army draftees doing those jobs. Haliburton was simply the only company that had the resources to do the mission. They really don't have any meaningful competition in that arena. This is not really a "Cheney" problem. I made a lot of money in the 90s on HAL when it was Clinton buying their services ... in a no bid contract. If you realized Clinton was not going to stop the Iraq war in 1992 and loaded up on HAL in the single digits you saw it go to $30. They were doing the logistics for the ground services in the "no fly zone" war too. That was where we got the money for our kitchen remodel ;-) Give me a break. Cheney orchestrated the increase of use of Haliburton and Blackwater. -- Nom=de=Plume |
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