Off-Topic: Tarp
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Name:   water_watcher The author of this post is registered as a member - Email Member
Subject:   Tarp
Date:   2/13/2009 5:30:18 PM

Keep in mind that the bank bailout money was to add liquidty to our financials system that protected tax payers from losing their money from a bank failure and a collapse of our financial system. That money will be paid back and it is backed by equity in the banks. We can debate good or bad, but at least it had some opportunity not to cost the tax payers and maybe even be a good long term investment.

This is simple wasteful government spending ... and when it doesn't work what happens next?

Tax credits do work, business investment credits do work, job creation credits do work. It lets the private sector create the jobs which will create tax revenue. What good is creating 600,000 new government jobs that are paid for by tax payers now and forever?

Much of these pet spending projects, even if they will create jobs, will be implemented starting in 2010 and 2011 .... that should tell you right there that this spending has nothing to do with stimulating the economy NOW.
Other messages in this thread:View Entire Thread
You Won't Believe This ! - PikeSki - 2/13/2009 10:00:58 AM
     Excuse me - water_watcher - 2/13/2009 10:18:55 AM
     The only good thing - water_watcher - 2/13/2009 10:21:28 AM
          another good thing - PikeSki - 2/13/2009 10:33:04 AM
          The only good thing - alahusker - 2/13/2009 3:16:45 PM
     You Won't Believe This ! - Summer Lover - 2/13/2009 11:37:05 AM
          You Won't Believe This ! - rude evin - 2/13/2009 1:41:10 PM
               You Won't Believe This ! - water_watcher - 2/13/2009 2:29:25 PM
               You Won't Believe This ! - Summer Lover - 2/13/2009 2:31:56 PM
                    Yes, I do - Talullahhound - 2/13/2009 4:11:33 PM
                         Yes, I do - PikeSki - 2/13/2009 4:23:52 PM
                              Yes, I do - Talullahhound - 2/13/2009 4:29:59 PM
                                   Tarp - water_watcher - 2/13/2009 5:30:18 PM
                                        Tarp - Talullahhound - 2/13/2009 6:28:30 PM
                                             Nomenclature - Swimmer27 - 2/13/2009 6:40:32 PM
                                                  Actually, it is serving - Talullahhound - 2/13/2009 10:03:29 PM
                                                       And I guess you Know this - Talullahhound - 2/13/2009 10:04:54 PM
                                                            i owe you NOTHING... - Swimmer27 - 2/14/2009 7:57:34 AM
                                                                 OK - Talullahhound - 2/14/2009 9:07:21 AM
                                                                      OK - Swimmer27 - 2/14/2009 9:26:43 AM
                                                                           OK - Talullahhound - 2/14/2009 12:57:46 PM
                                             Tarp - water_watcher - 2/14/2009 6:11:14 AM
                                             Tarp - water_watcher - 2/14/2009 6:13:44 AM
                                                  But govt employees pay taxes - Talullahhound - 2/14/2009 8:51:38 AM
                                                       You don't get it - water_watcher - 2/14/2009 8:57:36 AM
                                                            WW & MM.... - Swimmer27 - 2/14/2009 9:19:51 AM
                                                            You don't get it - MartiniMan - 2/14/2009 9:52:22 AM
                                                                 Shw will never 'get it' - Swimmer27 - 2/14/2009 12:09:35 PM
                                                                      Doesn't Destroy my World View - Talullahhound - 2/14/2009 12:51:06 PM
                                                                 MM - Talullahhound - 2/14/2009 12:45:20 PM
                                                                      I know you did not as me ... - water_watcher - 2/14/2009 10:11:11 PM
                                                                      Another economics lesson - MartiniMan - 2/15/2009 9:46:05 AM
                                                                      Tough question I know - MartiniMan - 2/16/2009 9:54:56 AM
                                                                           Tough question I know - water_watcher - 2/17/2009 6:30:27 AM
                                                            You don't get it - Talullahhound - 2/14/2009 12:41:39 PM
                                                                 Once again... - Swimmer27 - 2/14/2009 2:40:13 PM
                         How much per job created? - MartiniMan - 2/13/2009 4:56:34 PM
                              How much per job created? - Talullahhound - 2/13/2009 6:34:07 PM
                                   How much per job created? - cobra - 2/13/2009 9:01:58 PM
                         Yes, I do - muddauber - 2/14/2009 6:12:14 AM


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