Saturday
October 25th, 2014
12:44 PM
Reality Hammer Blog
Free speech: rated "E" for Everyone!
The Reality Hammer Blog Reality Hammer - For People Who Can Handle The Truth - Taxpayers lose big on TARP
Reality Hammer - For People Who Can Handle The Truth - Taxpayers lose big on TARP
The Right Side of LiveJournal
right vs wrong
Taxpayers lose big on TARP
Government pledges to make it up "in volume". :P

Seriously, though, how can anyone call this a "good deal"?
NEW YORK (CNNMoney) -- U.S. taxpayers likely lost $1.3 billion in the government bailout of Chrysler, the Treasury Department announced Thursday.

The government recently sold its remaining 6% stake in the company to Italian automaker Fiat, wrapping up the 2009 auto bailouts that were part of TARP.

An administration that loves to subsidize failure would call it that!
Even though that means $1.3 billion will not be recovered, the Treasury called it a "major accomplishment."

I suppose for an administration mired in failure "only" losing $1.3 billion of the taxpayer's money seems like a "major accomplishment"!

The potential for greater loses is still there, with the government holding about a third of available shares in GM.

Not everyone came out a loser from this program, however. Loyal Democrat voters (union members) got a $4000 bonus from the bailout.

Everyone else got played for a sucker by this program.

Current Mood : busy busy
Tags : , , , ,
Previous Entry Share Next Entry
Calendar
Back July 2014
12345
6789101112
13141516171819
20212223242526
2728293031
Recommended Reading
A Random Reagan Quote

"Surround yourself with the best people you can find, delegate authority, and don't interfere."

Instant Messenger Status
Yahoo!
AIM
Obama industry death watch
Login
Username:
Password:
View entries by tag/category

Select a tag/category to view all entries in that category.

You can also view/edit all tags

Tag Uses
2
20
21
223
3
34
13
1
25
12
1
1
4
4
20
1
3
3
21
1
3
13
1
1
4
4
15
1
3
1
1
2
5
29
2
1
24
2
1
3
1
14
1
2
2
1
1
1
2
1
1
6
1
2
1
1
1
1
1
1
1
1
1
1
1
2
1
1
1
2
1
2
1
1
9
2
1
1
20
4
3
2
2
2
3
1
9
1
2
1
3
21
3
2
2
1
1
1
3
44
1
176
4
8
3
1
2
3
8
3
2
2
1
1
1
76
5
163
5
25
1
1
3
1
1
1
1
44
1
5
2
1
1
1
1
1
1
2
1
1
1
2
3
1
2
1
1
29
152
2
18
2
1
1
18
6
7
1
11
2
1
7
1
1
1
1
1
1
3
1
3
1
2
1
1
6
4
1
3
7
2
1
5
2
2
3
1
2
1
11
1
9
4
1
1
1
1
2
2
1
3
3
5
46
8
12
1
1
1
19
2
1
3
1
20
7
1
1
8
3
3
1
2
1
3
1
2
3
1
2
1
8
1
2
15
1
1
227
1
4
4
3
3
31
1
1
1
1
2
1
5
2
1
3
1
7
1
1
3
1
10
5
2
2
1
1
5
2
1
4
3
1
2
1
1
2
1
1
2
2
1
1
1
1
1
1
2
3
3
2
2
1
2
1
10
400
12
2
1
1
4
9
1
5
1
1
7
6
1
2
2
3
1
1
2
1
1
1
1
1
1
1
3
2
1
1
5
1
1
4
1
1
1
1
1
3
1
3
4
1
38
43
2
46
1
139
3
1
18
1
4
1
1
5
4
28
1
2
2
2
1
1
1
4
1
1
1
3
29
2
13
5
1
2
5
3
1
1
1
1
1
38
1
6
4
1
2
1
1
1
1
1
2
4
3
2
1
1
1
2
6
1
15
20
2
3
3
1
1
2
26
1
33
4
38
2
1
14
16
11
145
1
3
5
1
1
3
1
2
2
7
1
20
2
2
1
1
27
1
1
3
2
13
15
1
13
7
1
12
3
50
4
1
9
1
3
2
4
2
1
1
7
3
2
8
1
1
2
1
1
1
7
1
1
1
5
1
1
2
2
1
2
89
1
1
3
7
4
2
3
2
7
117
4
1
3
1
1
6
1
1
11
3
2
1
4
1
1
1
1
2
1
10
1
1
13
3
8
3
1
3
6
1
1
4
1
3
17
1
1
1
1
7
5
13
1
1
1
100
22
2
4
1
15
66
1
20
26
1
1
1
1
3
9
2
7
2
2
2
14
14
1
6
1
1
7
4
1
7
29
7
111
13
1
3
1
2
2
3
3
47
1
8
13
1
2
2
5
3
12
3
1
1
2
1
1
3
7
1
1
4
1
1
37
170
1
3
1
12
3
3
1
35
1
1
1
1
1
4
1
2
4
5
2
3
1
2
5
3
2
1
1
1
7
2
1
1
1
1
1
3
2
8
32
14
4
1
1
2
17
3
3
2
1
2
1
1
10
1
33
49
8
3
3
1
4
1
1
1
5
1
1
5
11
1
1
1
1
2
1
94
1
107
8
8
1
1
18
1
1
4
2
1
1
1
24
1
6
1
1
1
1
1
1
3
1
3
2
2
1
4
2
7
1
2
2
1
1
2
1
1
3
1
1
5
1
1
1
23
1
1
1
1
148
3
1
3
4
3
2
22
2
1
16
1
1
16
7
1
1
3
2
2
1
1
15
2
2
1
1
2
4
1
1
1
1
1
1
2
1
4
1
1
1
2
1
2
1
2
1
14
1
2
1
1
2
1
2
2
2
3
3
2
1
17
1
3
1
1
2
1
10
1
2
1
3
1
1
1
1
17
2
1
1
1
1
1
2
6
5
7
6
8
1
1
1
1
31
1
2
2
1
7
1
7
1
14
4
3
8
1
1
1
1
1
3
2
2
13
1
2
3
1
301
28
2
6
1
2
1
1
2
6
36
1
1
5
1
1
1
1
1
3
8
2
1
1
2
1
1
1
3
1
2
1
1
2
5
1
1
5
1
1
5
7
1
19
3
12
10
37
1
3
6
2
1
1
1
1
1
3
5
5
1
2
2
1
11
2
3
1
5
3
7
9
6
4
358
1
36
2
21
3
1
4
1
5
1
1
13
3
1
1
1
11
1
1
2
2
5
1
1
1
3
1
2
1
5
1
3
38
1
1
2
3
1
3
2
11
2
1
2
2
1
1
2
1
1
1
2
2
3
1
1
1
4
1
1
13
2
48
2
16
1
2
1
2
1
1
1
1
1
6
2
1
1
8
1
1
1
4
1
2
33
5
1
1
1
1
2
2
26
2
3
1
2
1
29
1
1
1
1
2
1
4
6
1
1
2
1
1
7
3
1
3
8
2
17
84
2
3
4
1
1
1
9
1
1
1
1
1
1
1
1
1
2
2
1
4
1
1
1
1
7
1
1
48
10
1
1
1
5
2
16
4
18
1
1
10
2
1
10
1
1
4
1
1
119
3
7
3
1
352
8
1
1
74
2
1
1
1
2
2
2
1
22
1
1
1
39
8
1
2
2
1
1
1
1
2
5
3
2
1
1
1
13
1
1
21
64
1
26
98
1
7
1
6
3
1
1
3
4
1
2
1
13
6
2
1
10
2
1
1
1
1
1
10
2
1
1
1
2
9
4
1
1
2
4
37
1
2
5
1
1
1
3
1
4
5
1
1
6
1
1
1
1
51
1
68
9
13
5
1
8
1
3
2
6
1
8
1
1
3
5
1
1
2
1
2
1
1
1
2
1
1
1
2
4
2
5
16
1
2
2
3
5
1
8
1
2
1
7
3
1
1
2
1
8
1
1
2
3
5
3
34
5
31
12
31
17
1
1
1
1
4
1
3
1
4
1
1
2
1
29
1
6
3
5
7
3
2
1
3
1
5
2
1
3
22
4
1
8
3
8
4
4
1
1
9
3
1
211
3
1
1
6
4
2
7
9
10
3
1
2
4
1
3
1
1
1
2
8
10
31
1
1
1
1
6
1
1
3
3
1
4
1

There are 1336 tags for this blog.

Affiliations
Site Meter

Reality Hammer's Facebook profile
Featured Offer
Links
Journal Info