US Makes profit on bailouts.

kookbreaker · 15th April 2012, 10:38 AM

Nurr!

MG1962 · 15th April 2012, 10:40 AM

That was actually predicted at the time, not many were listening though

EGarrett · 19th April 2012, 03:38 AM

Who is "the US" in this case? The US government, the citizens? Who specifically in the government? Which citizens?

LTC8K6 · 19th April 2012, 04:12 AM

Few will believe what the Treasury dept says, though. They could lose a trillion and write it up as a profit.

timhau · 19th April 2012, 06:00 AM

Originally Posted by MG1962

That was actually predicted at the time, not many were listening though

Still aren't, I see.

Newtons Bit · 19th April 2012, 06:39 AM

Originally Posted by kookbreaker

Nurr!

Quote:

The bank bailouts may result in a return of $2bn (£1.3bn), the Treasury said in its latest projections for the government's response to the crisis.

The total disbursements totaled $432 billion.

lomiller · 19th April 2012, 09:15 AM

Originally Posted by EGarrett

Who is "the US" in this case? The US government, the citizens?

Yes.

Originally Posted by EGarrett

Who specifically in the government? Which citizens?

Seems like an odd question, are you under the impression somebody in the US government pocketed this profit? If so I’d be interested in your evidence.

lomiller · 19th April 2012, 09:22 AM

Originally Posted by Newtons Bit

The total disbursements totaled $432 billion.

Which was all returned along with a profit.

3point14 · 19th April 2012, 09:33 AM

Originally Posted by EGarrett

Who is "the US" in this case? The US government, the citizens? Who specifically in the government? Which citizens?

I'm gonna stick my neck out and with no research whatsoever, I'm going to straight out guess:

The US treasury

What do I win?

coalesce · 19th April 2012, 09:47 AM

Originally Posted by 3point14

I'm gonna stick my neck out and with no research whatsoever, I'm going to straight out guess:

The US treasury

What do I win?

Two weeks in Philadelphia and a year's supply of Rice-A-Roni.

Michael

Newtons Bit · 19th April 2012, 09:51 AM

Originally Posted by lomiller

Which was all returned along with a profit.

No, it hasn't. It is projected to return a profit of $2 billion. It has not done so yet. That's the point I was making.

15th April 2012, 10:38 AM	#1
kookbreaker Evil Fokker Join Date: Aug 2001 Posts: 9,176	US Makes profit on bailouts. Nurr!
kookbreaker Evil Fokker Join Date: Aug 2001 Posts: 9,176	__________________ Thanks for helping me win Best Children's Gifts and Best Toys in Philly Voter in 2011 & 2012! Spectrum Scientifics - My store - Google it people!

19th April 2012, 03:38 AM	#3
EGarrett Master Poster Join Date: Feb 2004 Posts: 2,979	Who is "the US" in this case? The US government, the citizens? Who specifically in the government? Which citizens?
EGarrett Master Poster Join Date: Feb 2004 Posts: 2,979	__________________ EG

19th April 2012, 04:12 AM	#4
LTC8K6 Penultimate Amazing Join Date: Nov 2002 Location: Directly under a deadly chemtrail Posts: 12,645	Few will believe what the Treasury dept says, though. They could lose a trillion and write it up as a profit.
	__________________ What a fool believes, no wise man has the power to reason away. What seems to be, is always better than nothing. 2 prints, same midtarsal crock..., I mean break?

19th April 2012, 06:00 AM	#5
timhau NWO Litter Technician Join Date: May 2004 Location: East of Sweeden Posts: 9,659	Originally Posted by MG1962 That was actually predicted at the time, not many were listening though Still aren't, I see.
	__________________ When I was a kid I used to pray every night for a new bicycle. Then I realised that the Lord, in his wisdom, doesn't work that way. I just stole one and asked Him to forgive me. - Emo Philips

19th April 2012, 06:39 AM	#6
Newtons Bit Philosopher Join Date: Apr 2007 Posts: 6,886	Originally Posted by kookbreaker Nurr! Quote: The bank bailouts *may* result in a return of $2bn (£1.3bn), the Treasury said in its latest projections for the government's response to the crisis. The total disbursements totaled $432 billion.
Newtons Bit Philosopher Join Date: Apr 2007 Posts: 6,886	__________________ "Structural Engineering is the art of molding materials we do not wholly understand into shapes we cannot precisely analyze so as to understand forces we cannot really assess in such a way that the community at large has no reason to suspect the extent of our own ignorance." James E Amrhein My website.

15th April 2012, 10:40 AM	#2
MG1962 Guest Join Date: Sep 2006 Location: Kansas (Australia) Posts: 14,750	That was actually predicted at the time, not many were listening though

19th April 2012, 09:15 AM	#7
lomiller Philosopher Join Date: Jul 2007 Posts: 6,864	Originally Posted by EGarrett Who is "the US" in this case? The US government, the citizens? Yes. Originally Posted by EGarrett Who specifically in the government? Which citizens? Seems like an odd question, are you under the impression somebody in the US government pocketed this profit? If so I’d be interested in your evidence.
lomiller Philosopher Join Date: Jul 2007 Posts: 6,864	__________________ "Anything's possible, but only a few things actually happen"

19th April 2012, 09:22 AM	#8
lomiller Philosopher Join Date: Jul 2007 Posts: 6,864	Originally Posted by Newtons Bit The total disbursements totaled $432 billion. Which was all returned along with a profit.
lomiller Philosopher Join Date: Jul 2007 Posts: 6,864	__________________ "Anything's possible, but only a few things actually happen"

19th April 2012, 09:33 AM	#9
3point14 Pi Join Date: Nov 2005 Location: London ish Posts: 3,596	Originally Posted by EGarrett Who is "the US" in this case? The US government, the citizens? Who specifically in the government? Which citizens? I'm gonna stick my neck out and with no research whatsoever, I'm going to straight out guess: The US treasury What do I win?
	__________________ Cull the delusional.

19th April 2012, 09:47 AM	#10
coalesce Illuminator Join Date: Mar 2003 Location: Queens, NY Posts: 3,347	Originally Posted by 3point14 I'm gonna stick my neck out and with no research whatsoever, I'm going to straight out guess: The US treasury What do I win? Two weeks in Philadelphia and a year's supply of Rice-A-Roni. Michael
	__________________ "I want the kids in bed by nine, the dog fed, the yard watered and the gate locked. And get a note to the milkman NO MORE CHEESE!"

19th April 2012, 09:51 AM	#11
Newtons Bit Philosopher Join Date: Apr 2007 Posts: 6,886	Originally Posted by lomiller Which was all returned along with a profit. No, it hasn't. It is projected to return a profit of $2 billion. It has not done so yet. That's the point I was making.
Newtons Bit Philosopher Join Date: Apr 2007 Posts: 6,886	__________________ "Structural Engineering is the art of molding materials we do not wholly understand into shapes we cannot precisely analyze so as to understand forces we cannot really assess in such a way that the community at large has no reason to suspect the extent of our own ignorance." James E Amrhein My website.