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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] I'm still upset over the T.A.R.P,. Posted by JK (the other JK) on November 12, 2008 at 2:26 PM In Reply to: It doesn't matter. posted by Joe on November 12, 2008 at 12:06 AM : So they stop foreclosures for 90 days. Maybe that means there's a slight reprieve once that trickles through the system. But the fundamentals don't lie and the foreclosures will start up again. They originally said it was the Troubled Asset Relief Program, now we are finding out that it stands for Treasurery Assault Rape & Pillage program. Not one cent has been used to buy a single mortgage and mod it and not one cent will. So far $125 Billion has gone to 9 banks of which $109 billion went to bonuses. $150 Billion is going to AIG (yes the guys that threw the $400K party and the executives are still flying private jets to luxury spas because they are "stressed out"). Now we find out that the balance of the money is going to be used to bail out the auto makers and credit card companies. THIS IS A FREAKING JOKE. http://www.bloomberg.com/apps/news?pid=20601087&sid=aQJ5TomRjJ8k&refer=home Follow Ups: $109 Billion? Joe 4:24 PM, 11/13/08 (14) http://www.financialweek.com/apps/pbcs.dll/article?AID=/20081028/REG/810289970 JK (the other JK) 6:38 PM, 11/13/08 (13) Re: http://www.financialweek.com/apps/pbcs.dll/article?AID=/20081028/REG/810289970 Joe 12:19 AM, 11/14/08 (12) Accuracy hard to discern CC in OC 1:04 PM, 11/14/08 (11) We're not talking about 90 days... Alfred 7:47 PM, 11/14/08 (10) Stated income loans CC in OC 1:45 AM, 11/15/08 (9) Re: Stated income loans JK (the other JK) 6:44 AM, 11/15/08 (8) Re: Stated income loans CC in OC 7:25 AM, 11/15/08 (7) Re: Stated income loans JK (the other JK) 8:05 AM, 11/15/08 (6) Why so hot under the collar CC in OC? Alfred 10:19 AM, 11/15/08 (5) Who's hot under the collar? CC in OC 10:07 PM, 11/15/08 (4) Geesh! Just answer the question. alfred 8:30 AM, 11/16/08 (3) Now that you have actually stated the question... CC in OC 9:43 AM, 11/16/08 (2) To some extent. alfred 10:57 AM, 11/16/08 (1) Bill Gatten's Equity Holding Trust CC in OC 2:11 PM, 11/16/08 (0) Better chance for the taxpayer Tom 7:35 AM, 11/13/08 (0) CEO of AIG was on Larry King Live CC in OC 8:11 PM, 11/12/08 (3) Mr Liddy is quite good at twisting the facts: JK (the other JK) 9:28 PM, 11/12/08 (2) a crook is good at twisting the facts ? LOL. (n/t) hard money lender 11:03 PM, 11/12/08 (1) Time to invest in resort spa stocks? (nt) Joe 4:26 PM, 11/13/08 (0) Post a Followup: Name : E-Mail : Subject : Comments: : : So they stop foreclosures for 90 days. Maybe that means there's a slight reprieve once that trickles through the system. But the fundamentals don't lie and the foreclosures will start up again. : They originally said it was the Troubled Asset Relief Program, now we are finding out that it stands for Treasurery Assault Rape & Pillage program. Not one cent has been used to buy a single mortgage and mod it and not one cent will. So far $125 Billion has gone to 9 banks of which $109 billion went to bonuses. $150 Billion is going to AIG (yes the guys that threw the $400K party and the executives are still flying private jets to luxury spas because they are "stressed out"). Now we find out that the balance of the money is going to be used to bail out the auto makers and credit card companies. THIS IS A FREAKING JOKE. http://www.bloomberg.com/apps/news?pid=20601087&sid=aQJ5TomRjJ8k&refer=home [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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