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03-21-2009, 08:05 AM #76Registered User
- Join Date
- Sep 2006
Heck, they are going to risk banks returning TARP money to avoid this micromanaging and will lead to a continued freeze on credit rather than the banks loaning out those TARP funds.
I have to think Obama is smarter than to sign something like this.
03-22-2009, 12:33 AM #77
I've already read articles about the concern some banks are harboring with regard to drumming up business with higher income customers. It seemed that the banks were figuring that with the tax proposals and other goings on they were unlikely to receive a great deal of business from the wealthy, more stable customers and should therefore continue to keep their heads down (continue to strangle lending) and wait for conditions to improve. Stay under the government radar I guess.-Thomas
03-22-2009, 10:50 AM #78
President Obama willingly accepted donations from AIG to his presidential campaign last year, and now this year he has handed-over billions of our tax dollars to the company.
Was it a “quid pro quo,” “return the favor” move from Obama? The situation certainly entails a conflict of interests. Given this, and given his recent desire to play the “give the money back” game, President Obama needs to start by giving back to AIG the money they gave him for his campaign. Sadly, there is no evidence that President Obama has any intention or desire to resolve this ethical dilemma.
03-22-2009, 11:14 AM #79
'Obama' hasn't given AIG anything...Congress has allowed the treasury to.
03-22-2009, 01:10 PM #80
Hey I guess if you don't bother reading the bill, you can play dumb after the fact much easier....
If you want to believe Obama didn't know and you are willing to accept his ignorance as an excuse, that's a problem.
OR, He signed the bill and he knew it was in there.....that's a problem too....
03-22-2009, 03:56 PM #81
03-22-2009, 04:16 PM #82Smokey McPole Guest