If the TARP made money, why is the deficit projected to be in the hole by 
$14 trillion over the next ten years. Something is not adding up.


----- Original Message ----- 
From: "graham dobson" <[email protected]>
To: "ProFox Email List" <[email protected]>
Sent: Wednesday, August 31, 2011 1:27 PM
Subject: Re: [OT] Some scary events in Republican party




others to follow. How's this for starters: the biggest event is the bailouts
giving to bankers and wall streeters. Trillions of dollars wasted with no

The bail outs are likely to cost a fraction of the initial figures. The 
government has actually made money selling GM and AIG shares. Also TARP the 
original bail out plan was drawn up by Hank Paulson, Bush's Treasury 
secretary, not Obama. There are Nobel prize winning economists who feel the 
best way forward for America is to spend more money on infrastrucure and 
raise taxes on the most wealthy (money that needs to be put to work rather 
than saved as it is now) both of which are Obama ideas that will probably 
never happen because of Republican resistance.





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