Solargate

[geeker2]

$535,000,000 taxpayer's money gone....criminal.

http://www.investors.com/NewsAndAnal...-Unraveled.htm

[witchdoctor]

I guess we need to tax the rich to make up for this.

[Rileyoriley]

You fool. It's Bush's fault.

[dellinger63]

Originally Posted by geeker2

$535,000,000 taxpayer's money gone....criminal.

http://www.investors.com/NewsAndAnal...-Unraveled.htm

yea but there's a lady in Wisconsin that was posting politcal comments on government time. Heck if she spent 10% of her day, every work day for a year and makes 100K that's $10,000 gone. There are strict laws you know.

OK it would take 53,500 of her to equal the loss but what's money?

[Riot]

Originally Posted by dellinger63

yea but there's a lady in Wisconsin that was posting politcal comments on government time. Heck if she spent 10% of her day, every work day for a year and makes 100K that's $10,000 gone. There are strict laws you know.

OK it would take 53,500 of her to equal the loss but what's money?

Not to mention the two felony convictions for money laundering of Walker's campaign funds that came out of the investigation already

Really, Dell, when someone posts a link, you should read the entire thing - not just the excerpts on the list.

[dellinger63]

Originally Posted by Riot

Not to mention the two felony convictions for money laundering of Walker's campaign funds that came out of the investigation already

Really, Dell, when someone posts a link, you should read the entire thing - not just the excerpts on the list.

Yea as bad as Tony Rezko, well not really, Norman Hsu? Warmer but still not close. Help me hypocrite!

[Riot]

Originally Posted by dellinger63

Yea as bad as Tony Rezko, well not really, Norman Hsu? Warmer but still not close. Help me hypocrite!

Excuse me, but why am I a hypocrite? I never defended Rezko or Hsu.

I accept your apology.

[dellinger63]

Originally Posted by Riot

Excuse me, but why am I a hypocrite? I never defended Rezko or Hsu.

I accept your apology.

Your silence, especially on Rezko, represents your defense especially in light of your concern regarding campaign finance laws.

No apology offered.

[Riot]

Originally Posted by geeker2

$535,000,000 taxpayer's money gone....criminal.

http://www.investors.com/NewsAndAnal...-Unraveled.htm

The money being gone isn't any more criminal than the money being gone into CEO bonuses for the banks that were bailed out.

If there was something illegal going on, absolutely heads should roll.

[wiphan]

Originally Posted by Riot

The money being gone isn't any more criminal than the money being gone into CEO bonuses for the banks that were bailed out.

If there was something illegal going on, absolutely heads should roll.

Except for the fact that the banks paid back the money plus interest to the government for the bail outs

[jms62]

Originally Posted by wiphan

Except for the fact that the banks paid back the money plus interest to the government for the bail outs

Or Not

http://projects.propublica.org/bailout/main/summary

The total amount invested in Fannie and Freddie so far is $169 billion. They have returned none of the money invested so far—and might never do so.

[wiphan]

Originally Posted by jms62

Or Not

http://projects.propublica.org/bailout/main/summary

The total amount invested in Fannie and Freddie so far is $169 billion. They have returned none of the money invested so far—and might never do so.

Fannie and Freddie are not banks and shouldn't be lumped in the same category. AIG is not a bank. Auto companies are of course not a bank. The Government's mortgage modification programs, FHA, etc are not a bank

How much money is left to pay by specifically the BANKS, escpecially any large institutions? How much did the banks pay in dividends, interest, etc.?

Did you know that the government forced many of the banks to take the money even though they didn't want it? It was described by a top CEO of a bank as a scene out of the god father. Many knew they didn't want it because of the unintended consequences of taking the money, which in turn is a major part of the problem with the economy. Banks are afraid to lend money to anyone with any risk because of the government intervention into their business.

[jms62]

Originally Posted by wiphan

Fannie and Freddie are not banks and shouldn't be lumped in the same category. AIG is not a bank. Auto companies are of course not a bank. The Government's mortgage modification programs, FHA, etc are not a bank

How much money is left to pay by specifically the BANKS, escpecially any large institutions? How much did the banks pay in dividends, interest, etc.?

Did you know that the government forced many of the banks to take the money even though they didn't want it? It was described by a top CEO of a bank as a scene out of the god father. Many knew they didn't want it because of the unintended consequences of taking the money, which in turn is a major part of the problem with the economy. Banks are afraid to lend money to anyone with any risk because of the government intervention into their business.

And they also held a gun to Bank of America's head to buy Countrywide and Merril. I'm from they are all crooks party.