Politicians running scared from any c...

Politicians running scared from any connection to success of bank b...

There are 14 comments on the TwinCities.com story from Sep 14, 2010, titled Politicians running scared from any connection to success of bank b.... In it, TwinCities.com reports that:

The Obama administration this week will mark the second anniversary of the collapse of Lehman Brothers and the ensuing Wall Street meltdown with an ironic bit of bipartisanship: letters of thanks to some of the congressional Republicans who helped fashion the government's response in fall 2008.

Join the discussion below, or Read more at TwinCities.com.

throw a tarp over it

Minneapolis, MN

#1 Sep 14, 2010
They haven't even spent all of the money appropriated by the TARP program! Hard to say it was "necessary" when all the banks supposedly paid it back, not all of it was spent, and they are looking to "reinvest" those payments made by the banks, rather than using it to pay down the deficit. The financial landscape is a muddied mess not to be understood by the "peons," -just as it was designed.
LBJ

Sunnyvale, CA

#2 Sep 14, 2010
Oh yeah, TARP was a rousing success. If you call rewarding and enabling bad behavior success. Believe me, the responsible parties will get the credit due them in November(har har). We can have an award ceremony then bus them all to Jaurez.
hmmm

Minneapolis, MN

#3 Sep 14, 2010
LBJ wrote:
Oh yeah, TARP was a rousing success. If you call rewarding and enabling bad behavior success. Believe me, the responsible parties will get the credit due them in November(har har). We can have an award ceremony then bus them all to Jaurez.
Does that mean you are voting independent?? The "responsible parties" seem to be from both sides of the political aisle. Oh but we'll show "them" by voting for the "other guy," right?? Pretty easy for both parties to pursue the same agendas under the guise of choice. Even the "independent" candidates these days are anything but.
Magic

Saint Paul, MN

#4 Sep 14, 2010
It's clearly obvious BHO's administration loves to use an excuse to gather a bunch of money in a slush fund and then waste the money on their buddies.

Every time they can they do the money grab thing.

Rediculas!
Ell

Minneapolis, MN

#5 Sep 14, 2010
So far these comments are doing a poignant job of making the author's case that many people are more interested in hanging onto unreasoning hostility than in understanding what actually took place.

Since: Sep 08

South Saint Paul, MN

#6 Sep 14, 2010
"Even Nevada GOP Senate nominee Sharron Angle at one point referred to TARP as "the stimulus." And few Americans seem to know that the banks at the center of TARP have paid the money back — with interest."

Seems ironic how they take our money to bail out the banks and when they get it payed back--with interest, you dont hear a peep about anybody paying back the taxpayers. All the money just goes into the giant, sucking black hole known as the federal government.
Not Having It

Saint Paul, MN

#7 Sep 14, 2010
This is a prime example of the hypocrisy that exists in the Republican-Tea Party. Republicans deregulated the banks so that banks could play in the stock market and come up with mortgaged-back securities, derivitives, and all sorts of imaginary money makers. Then when the banks blow-up and take down our economy with it, they get all self-righteous about bailouts. Well gee wiz, if you morons wouldn't have taken away all the regulations on banks in the first place, we wouldn't be in this mess now would we. But hey, keep puffing up your chest and blowing your top cause you don't seem to know how to do anything else, except cry for a bailout when your bank goes belly up. Bunch of wannabe hypocrits!!
gompers

Saint Paul, MN

#8 Sep 14, 2010
Goldman Sachs, Hank Paulson, G bush, Cheney, Warren Harding, Bill Clinton, All had a hand in the mortgage stuff, Glass Steagal, etc, The blue collar folks may be a little lazy at times, but they will never hurt you like these white collar criminals have and will continue to do so in the future. Vote for Dayton.
Forbes

Anaheim, CA

#9 Sep 14, 2010
Not Having It wrote:
This is a prime example of the hypocrisy that exists in the Republican-Tea Party. Republicans deregulated the banks so that banks could play in the stock market and come up with mortgaged-back securities, derivitives, and all sorts of imaginary money makers. Then when the banks blow-up and take down our economy with it, they get all self-righteous about bailouts. Well gee wiz, if you morons wouldn't have taken away all the regulations on banks in the first place, we wouldn't be in this mess now would we. But hey, keep puffing up your chest and blowing your top cause you don't seem to know how to do anything else, except cry for a bailout when your bank goes belly up. Bunch of wannabe hypocrits!!
Yes, it is hypocritical. They should have let the free market run. The bad banks would fail and we would be left with very strong banks.
Observer

Saint Paul, MN

#10 Sep 15, 2010
Then MAYBE they shouldn't have supported this nonsense in the first place. These people are scum.

http://www.examiner.com/economic-policy-in-mi...
let them fail

Elk River, MN

#11 Sep 15, 2010
We should have lets the big banks fail. Those who say it would have destroyed our economy are lying. Look at our economy now, is it flourishing? Bad move by both political parties.
let them fail

Elk River, MN

#12 Sep 15, 2010
Not Having It wrote:
This is a prime example of the hypocrisy that exists in the Republican-Tea Party. Republicans deregulated the banks so that banks could play in the stock market and come up with mortgaged-back securities, derivitives, and all sorts of imaginary money makers. Then when the banks blow-up and take down our economy with it, they get all self-righteous about bailouts. Well gee wiz, if you morons wouldn't have taken away all the regulations on banks in the first place, we wouldn't be in this mess now would we. But hey, keep puffing up your chest and blowing your top cause you don't seem to know how to do anything else, except cry for a bailout when your bank goes belly up. Bunch of wannabe hypocrits!!
De-regulation had nothing to do with it. It amazes me that people still believe this lie.
Bud in St Paul

Minneapolis, MN

#13 Sep 15, 2010
How short people’s memories are; many big banks where going under at the end of the Bush Presidency and our country was on the brink of anther great depression.

If TARP had not been enacted this country would be in even worst shape then it is now.

The mere thought of giving those rich fat cats money their failed business policies on wall street drives me crazy to this day, but TARP had to passed to avoid what could have been a worldwide depression.
LibsRKooks

Saint Paul, MN

#14 Sep 15, 2010
Typical Liberal and fake Republican, run away and point fingers. If you pass a bill at least stand behind it, good or bad. This whole "it wasn't me it was the other guy" mentality is getting old!!!

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Gresham Barrett Discussions

Title Updated Last By Comments
News Lindsey Graham's vote on Elena Kagan ensures pr... (Jul '10) Jan '16 Sick of Politics 26
News Man shot at Oakdale apartment complex; police s... (Jun '10) Sep '14 Uralllosers 70
News Indian American Nikki Haley is South Carolina Guv (Nov '10) Dec '13 Human at Earth 32
News Black ties, booze and access marks of inauguration (Jan '13) Jan '13 Rexby 10
News Officials Give Portion of Interstate 73 Final F... (Feb '08) Feb '12 DahDude 6
News Blogger produces texts supporting Nikki Haley a... (Jun '10) Jun '11 upset upstate new... 5
News Santorum's resurrection: Not cagey, just practical (Dec '09) May '11 jerthemessiah 5
More from around the web