I find these "Right to Hunt" things fucking hilarious. GD hicks and their obsession with killing shit. "Obama wants to take our guns!!!!"
I find these "Right to Hunt" things fucking hilarious. GD hicks and their obsession with killing shit. "Obama wants to take our guns!!!!"
it's cool, we'll run out of wild animals soon enough anyway
edit: jeez this colorado vote count thing might be a nightmare
I'm still laughing at the law that proposed an amendment be made which allows mentally ill people the right to vote.
I am so goddamn tired, can't decide if not wanking equals a win, or if you need to fap to get it.
well colorado isnt going to be decided for a while cuz of the error, Washington is too close, and Alaska is gonna be at least 24 hours, time for bed~
this has been an amazing election season, just a complete and total circus. I hope 2012 is this interesting, even if Dems dont win lol
Phew. It must have been one of those wedge issues that conservatives use to drive their idiot voters to the polls I guess. Kindof like SC's (my state) hunting amendment, even though there has been no talk from democrats about limiting it.
edit: shitty grammar caused by alcohol
According to Penrose, that means your penis is small enough that the gravity well it generates is not sufficient to collapse a superposition of states.
Such is politics, I suppose.
If the mental health clause is removed from the constitution, you might finally be able to vote online Max.
Oregon governor race is super close, one to watch for those interested
Actually, of the 700 billion TARP program, only $245 billion was lent out. $199,300 million of the TARP funding has been repaid(some with debt-to-equity deals), with about 66,000 million still outstanding (AIG, Chrysler, Ally Financial, some other pissant place... mostly AIG at 45 billion). The projected final cost of the TARP program, as of Oct 5, is roughly 30 billion... whenever AIG gets around to paying their portion back (plus interest. you didn't actually think this money was free, did you?)Originally Posted by Celeste
Seriously. Dodging a Great Depression-style crash for 30 billion is a fuckin bargain, no matter how you look at it. Herbert Hoover had a similar program in the 30's with a final cost which, once inflated to 2010, was roughly the same cost. Only not nearly as effective, seeing as how the sitting gov't spent 4 years letting the economy turn into Jenkem before finally doing something about it.
See, Bush wasn't necessarily the problem, though the whole Iraq thing was definitely a huge part (the bailout is dirt cheap comparatively). It was the actions of the Fed under Greenspan to reduce o/n rates to 2% in 2004, in conjunction with a boom economy expanding into mortgage sec...
yadda yadda yadda. This is pointless, your comment is giving me nothing to work with. I should be less surprised that there are still plenty of people with stronger opinions than financial background. Sorry for quantitative data, it's a real buzz-killer.
Serious question - what does this mean? How is it a 700 billion program (btw in your post you seem to mix million and billion incorrectly) if only 245 billion were lent? What happened to the other 555 billion? Was nothing done with it, making it really a 245 billion dollar program?
The Fed was authorized to lend up to 345 billion buying crappy shit so co.s didn't have to get raped on their accounting statements. They later went to the House for a possible cap increase to 700 billion, it was authorized, but it needed house approval should they actually need more than 345B.
Of that, they only spent $245 Billion worth on US banks (and an extra 50B in other things, like the "Make Houses Affordable" program, the auto industry, etc. I think the grand total is 296B spent, with 340B allotted, as of Feb 2009)
So all that extra drama? For the lols (well it was just in case, but since they only spent 296, yea it's pretty lols).
And the million numbers are big (199,000 million = 199 billion. Sorry, the chart spit numbers in millions). My numbers might be a little off, as some of the repayments are not in cash, but with preferred stock (no voting rights, any dividend is paid to them first, in the event of a bankruptcy, preferred shares get their cash back first.)
Important because: 1. PS is basically a perpetuity, pretty safe too. And 2: No voting rights. Lest the gov't have a say on the boards of private companies. That's a real big can of worms and would freak people out - The goal was to restore sanity in what was the financial equivalent of being in a room full of suicide bombers for two weeks. So they nationalized the banks, but they didn't actually nationalize the banks. It's a really important distinction to make.
As for what exactly TARP did, and why they did it, that's a different post and it's a big one.
Thanks, that makes sense.
Another example of Democrats' failure to properly frame the argument. 30 billion to stop the great depression is great P.R.
Allowing the Republicans to somehow frame the Democrats as being the "big business" party is insanity.