Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: marshmallow
I blindly assumed that TARP I (~$700-800 billion)

I hadn't heard that the second part had been spent yet. You claiming it has?

Now skewer me for not saying "hundreds of billions". An unforgivable exaggeration.

Well, if you're just going to pull numbers out of the air.....

42 posted on 02/26/2009 7:41:30 AM PST by Toddsterpatriot (Havoc has been back since September. Or was it April?)
[ Post Reply | Private Reply | To 41 | View Replies ]


To: Toddsterpatriot
I hadn't heard that the second part had been spent yet. You claiming it has?

It hasn't. My error was in using the term "spent" loosely. It's been allocated. However, whether the money has been merely allocated or actually spent is irrelevant to the point I was making to Jason who was/is claiming that nobody is helping the banks for fear of populist anger.

My point is that over a trillion dollars (whether allocated or spent) certainly qualifies as "help".

Well, if you're just going to pull numbers out of the air.....

Funds either allocated or spent in current and previous rescue packages amount to over a trillion, no?

43 posted on 02/26/2009 7:52:42 AM PST by marshmallow
[ Post Reply | Private Reply | To 42 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson