Paying Back TARP Funds

re: Paying Back TARP Funds

bostonwayno — Thu, 04 Jun 2009 01:22:11 GMT

The governments motivation for handing out TARP funds to ALL the banks was not to shield the vulnerable banks as they claim. They want to own the banks as well as the auto-companies as well as all the "private" market. This is a major play to end capitalism and instill fascism. In my humble opinion NONE of the banks (or auto companies for that matter) should be "bailed out". If a corporation does it wrong they should be allowed to go bankrupt thereby freeing up those assets for more productive means. When they are bailed out the land, labor, and capitol is being held "hostage" and overall it weakens the economy. Keynesian economics needs to take a back seat to austrian economics.

re: Paying Back TARP Funds

sivey82 — Fri, 05 Jun 2009 18:38:39 GMT

that being said, it is an EASY case to make, that without a bailout the collapse of that business is too destructive to our current economy. this is 30 years of M&A, buyouts and consolidations creating institutions that are too heavily relied on, as they have gobbled up everyone in their path of growth. such is a capitalist imperialist society. its a competition, that we lose by winning

re: Paying Back TARP Funds

dlender — Sat, 06 Jun 2009 01:06:59 GMT

I think there is a move underway to break up Citi bank. This
is a good idea and anti trust laws should be expanded to include
the banking sector. AIG and Citi were too big too fail wich
means they were too big, period. The Obama govt is looking
to set up a system risk evaluator. Thats good too. Regarding
TARP, Fed Chief Bernanke said he would be out with a list of banks
who can repay tarp next week. Why wasnt this covered like
Geithners PPIP plan was? The financial media must be hiding
something. I am expecting the market will rally when banks
start paying back the TARP as that will relieve inflation
fearmongering as it reduces the debt.

re: Paying Back TARP Funds

GoldStandard — Tue, 09 Jun 2009 03:27:51 GMT

"not only were these healthier financial institutions - JPMorgan Chase, Morgan Stanley and American Express sold billions in stock to raise money to repay TARP"

If they're so healthy, why are they selling stock to repay money they were given that should still be there? Maybe they have another agenda...