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  1. #1
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    Re: 4 more years

    Quote Originally Posted by kydonky View Post
    On giving things to people who will not work for it are you talking about Leaman Brothers, Bank of America, Merrill Linch, Goldman Sacks, AIG and all the others????

    You remember this was the result of the TARP act of October of 2008 signed by President G. W. Bush.

    Or are you talking about that fellow that lives down the the street in the supported living group home that is recieving SSI and food stamps?
    Or perhaps you are talking about the Savings and Loan Crisis of 1989? This is where taxpayers bailed out Savings and loans that were failing, costing taxpayers 124 billion dollars in 1989 money.

    The bailout was signed by President George H. Bush.

    Incidentally a full one half of the savings and loans that received govenment bailout funds were from the state of Texas.

    To be fair this crisis did not begin with George Sr.'s administration but rather the prior administrations deregulation of the Savings and Loan industry. And it was not limited to Republicans but rather a bipartisan lack of common sense.

    The Keating 5 were senetors suspected of improper interferance in investigations. 4 were Democrats ans 1 was Republican. Interesting in the one republican was John McCain.
    Last edited by kydonky; 01-09-2012 at 11:15 AM. Reason: update

  2. #2
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    Re: 4 more years

    Quote Originally Posted by kydonky View Post
    Or perhaps you are talking about the Savings and Loan Crisis of 1989? This is where taxpayers bailed out Savings and loans that were failing, costing taxpayers 124 billion dollars in 1989 money.

    The bailout was signed by President George H. Bush.

    Incidentally a full one half of the savings and loans that received govenment bailout funds were from the state of Texas.

    To be fair this crisis did not begin with George Sr.'s administration but rather the prior administrations deregulation of the Savings and Loan industry. And it was not limited to Republicans but rather a bipartisan lack of common sense.

    The Keating 5 were senetors suspected of improper interferance in investigations. 4 were Democrats ans 1 was Republican. Interesting in the one republican was John McCain.
    I am not talking about any of those.....I am talking about money/assistance/vouchers that go to individual citizens that NEVER work for a living....they become dependent on that and eat up tons of tax money. Bailouts are bailouts....some where needed....some could have been handled/overseen better. BTW I was 11 in 1989

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