Bailout Improv: Paulson Rolls Out New TARP

anyone notice how many times Paulson mentioned WHEN I LEAVE.....he cant wait to get the heck out of there

what dose TARP mean?

crook gave out money to his fellow crooks. these crooks will use the money to buy new boats, they ain't going to modify loan terms or provide financing to struggling small businesses.

what dose TARP mean?

My advice? Sell everything and move to Australia :).

What are WE going to do about it?

What are WE going to do about it?

Is it just me or is this being run like the largest Hedge Fund in the world? Is this effort going to end up turning into a soverign wealth fund like Singapore and many of the Gulf States?

Me thinketh we need the minds of the many young entrepeneurs who have successfully established themselves as winners. Such as, the guy who started PayPal, the guy who was in charge of GE etc. Buffet and company are not the answer to this crisis. You really need new brilliant minds with some testicular fortitude to crumble the weak industries that won't survive anyway. What makes anyone think GM will be any better off in 2 years from now? Paulson, Frank and co. really need to be in jail. As much as I can't stand Obama I believe Pelosi and Reid will not have their way with him.

The biggest issue I have with this is: • Banks/lenders create this issue, not saying the people did not have anything to do with it as well. However, if the programs were never available then we would not be talking about this would we. • Banks receive HUGE profits before and after this crisis. • Banks stop lending to each other, qualified people who wish to buy homes, cars or other items on credit. • Banks receive tons of money and incentives from our government. • Government bends over an gives away the hen house. • Government avoids helping the same people it should have helped in the first place. • Government has said throughout the time that if we bailout this and that the housing market will be fixed… I think we are still waiting. • Banks and other companies are getting great rates/terms. • Companies are using the money for whatever they deem best in their interest. • The people of this nation see higher interest rates and tougher lending • The foreclosure continue and the banks still do little to create a permanent fix. • Let’s not forget that the banks reported loss’s that they will be claiming for years to come on the same homes or notes that they are modifying. If we can give business all the breaks why not the people as well. Wasn’t that who they blamed? The subprime homes… or was it really something else? Maybe Wall St. who created these packages or banks/lender or the investor who needed another investment tool. The simplest fix is to start at the bottom and work your way up. The people really control the flow of money in our county. I wonder why it is so hard to understand that. That is why the democrats won this election. Plain and simple.. They forgot the one’s that really matter..plus the fact that they approved bailouts for the rich and forgetting the mom’s and dad’s of the world. When the nation sent letter after letter stating do not do the bailout. Plus how the nation is seeing how the money is being used, makes it even worst... Only winners are the VP's.

We are screwed with Obammay as our president

Airlines is getting 50 Billions for shake up their business those who already taken advantage of low fuel cost. Its not fair.

Tards governing tards.. seems perfect.. I love it!

Paulson did not know that buying the Toxic Assets was not possible when he made the presentation. WHO IS IN CHARGE? LIAR LIAR LIAR pants on fire. HANG THE FLAG UPSIDE DOWN WE ARE IN DISTRESS.

What are WE going to do about it? The President can't fix it. The Treasury has it's "collective" head up it's ****. The banks only care about a profit, which does not exist (I bid .01/dollar for the bad debt) Until we let this old fart of an economic system collapse, nothing is going to get better. The patient is dead,sir, please back out of the room and let it rot in peace.

paulson better go fast took the money for his bank buddies if the truth be told all the money is gone.

TARP = treasury asset relief program. In other words, screw you the taxpayer for voting in the jerks who promoted this.

I've gotta believe America's founding fathers are turning in their grave, looking down on all us panzies, shaking their heads, and saying their blood was shed in vain. ------- What did our founding fathers do when they were taxed without representation? I say, if we can't beat em' join em' ------- Hey, Joe Six Packs! Grab your six pack and make yourself at home in the homes where your tax dollars reside... it may even have an indoor pool. ------- LET's PARTe

RALLY.......really?----------- MOST HATE EVEN WHITE DEMOCRATS........THE ONLY SURE THING AFTER "TRAGIC-TUESDAY" IS THAT THE BO BACKLASH CRASH WILL CONTINUE......fyi.......MOST YOUNG "FIRST TIME" VOTING BO SUPPORTERS WHO CARRIED THIS ELECTION, WERE LUCKY TO HAVE HAD EVEN THE GAS MONEY TO GET TO THE POLES, sorry I happen to know some of them......THEY DO NOT HAVE THE MONEY TO INVEST OR SPEND US OUT OF THIS DOWNTURN, WHICH WILL ONLY GET WORSE, AND THOSE WHO OPPOSED A BO WIN AND DO HAVE MONEY AND VOTED MAC ARE THOROUGHLY PISSED, AND ARE BACKING AWAY FROM THE MARKETS, MOST HATE EVEN WHITE DEMOCRATS. SO HOW DO YOU THINK THEY FEEL ABOUT A BLACK ONE ELECTED PRESIDENT THAT THEY ARE NOT EVEN SURE IS A NATURAL BORN CITIZEN, AND STILL FEEL MAY HAVE A SORTED MUSLIM BACKGROUND IN SOME WAY.....lets get real.

It is time to repeal the Usury Protection Act...I mean...the Bankruptcy Reform Act. You remember...the law that was written by the bank lobbyists to stick to those who can least afford it. Now the same people who were screwed by the banks are having their tax dollars commendeared to bail out banks so the banks can stick around to screw them in the future. The Bankruptcy Reform Act was a shameful piece of garbage legislation and it should be repealed.