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#1 |
Serious Business
Join Date: Nov 2008
Location: New York
Moto: 1993 ZX-11 2008 CBR1000rr
Posts: 9,723
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#2 |
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Join Date: Nov 2008
Location: NC
Posts: 3,028
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In unrelated news.....Congress passed an unprecedented pay raise that equates to a little less than 12 billion dollars over the next 4 years
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“Being tolerant does not mean that I share another one’s belief. But it does mean that I acknowledge another one’s right to believe, and obey, his own conscience.” Viktor Frankl |
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#3 |
Follower
Join Date: Nov 2008
Posts: 5,549
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Another Bush bailout failure.
I blame Cheney and Haliburton.
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Racing For Smiles |
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#4 |
token jewboy
Join Date: Nov 2008
Moto: CBR 900, KLR ugly ass duckling, Gas Man
Posts: 10,799
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And at the same time the military gets the worst pay raise in 40 years (1.4%)
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#5 | |
WSB Champion
Join Date: Nov 2008
Location: Anaheim, CA
Moto: 2009 Kawi ZX6R
Posts: 5,570
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![]() Quote:
Granted I prolly make 3x the enlisted rate plus I got an 11k bonus last year. ![]()
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Train Hard Ron Paul - 2012 Mark of Excellence GM |
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#6 |
AMA Supersport
Join Date: Nov 2008
Location: Redneck Riviera, FL
Moto: 2003 VFR800f6
Posts: 2,531
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Great, give me my cost of living increase then.
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#7 | |
Ride Like an Asshole
Join Date: Feb 2008
Moto: nothing...
Posts: 11,254
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Exactly. Now, where is that money going to go? |
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#8 |
AMA Supersport
Join Date: Feb 2009
Posts: 4,756
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I believe repayments of and unallocated TARP funds have been restricted to only go toward debt reduction after some legislators were clamoring to use the money to fund another round of stimulus. Either way it has become a bit of a shell game though.
Even as TARP money is being repaid, turning what was originally a $700 billion program in to a currently estimated $25 billion program, Fannie Mae and Freddie Mac continually need more to meet their obligations. Those two organizations, which were taken over by the government, have already required well over $100 billion and estimates for the total amount they will require run up to $1 trillion. The fact is these two organizations, which were run as government-sponsored enterprises until their takeover in 2008, guarantee over half the mortgages in America and could end up costing taxpayers more than TARP and Obama's stimulus combined. |
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