Biden-Harris Presidency Thread

[NSXr8ted]

So this week, the Dems passed an organizing resolution, kicked MTG out of her committees, passed the stimulus bill, and removed 32 Trump judge nominations.

That's way more than I expected. Is this hope?

 

[dan]

So this week, the Dems passed an organizing resolution, kicked MTG out of her committees, passed the stimulus bill, and removed 32 Trump judge nominations.

That's way more than I expected. Is this hope?

As I learned from Ted Lasso, it’s the hope that kills you.

 

[Mr Gundam]

Michigan is a great album.

Oregon is badass.

 

[LurchingBeast]

 

[OceanOfMead]

Here we go: https://thehill.com/homenews/campai...3qdfwgol3HRJq20uJwu8Zrojm-JmhmZQnYLzf9s0REhJA

 

[BigFrank]

Here we go: https://thehill.com/homenews/campai...3qdfwgol3HRJq20uJwu8Zrojm-JmhmZQnYLzf9s0REhJA

 

[Podunkparte]

Here we go: https://thehill.com/homenews/campai...3qdfwgol3HRJq20uJwu8Zrojm-JmhmZQnYLzf9s0REhJA

I hope every time he enters the Senate chambers, it's after everyone else is there, arguing, lying, trying to screw over Americans, and then you hear it:

 

[jmaul]

Dems are feeling the Bern

 

[libbey]

Here we go: https://thehill.com/homenews/campai...3qdfwgol3HRJq20uJwu8Zrojm-JmhmZQnYLzf9s0REhJA

 

[LurchingBeast]

 

[coach]

Yes, the CEO of a bank that needed to be bailed out in 2008 should be advising the prez on relief packages.

He'd better suggest that each American gets 8 billion dollars.

 

[Josh]

Yes, the CEO of a bank that needed to be bailed out in 2008 should be advising the prez on relief packages.

He'd better suggest that each American gets 8 billion dollars.

Maybe they're committing to bankroll the American Relief Plan?


































Throwourheadsbackandlaugh.gif

 

[NSXr8ted]

Yes, the CEO of a bank that needed to be bailed out in 2008 should be advising the prez on relief packages.

Don't forget:

 

[reverseapachemaster]

If we're not relieving the heartache of corporations then why even bother.

 

[Nathan]

Yes, the CEO of a bank that needed to be bailed out in 2008 should be advising the prez on relief packages.

He'd better suggest that each American gets 8 billion dollars.

While I won't pretend this isn't absurd, to be fair, JPMorgan repaid the entire bailout plus interest after the minimum time possible. Dimon has been recorded under oath explaining that the Fed asked him to take a bailout he didn't need in order to convince the banks that did need it to accept. JPMorgan put the money in an interest bearing account and left it there until it could be repaid.

JPMorgan Chase Repays All Of Its TARP Funds

www.businessinsider.com

 

[reverseapachemaster]

While I won't pretend this isn't absurd, to be fair, JPMorgan repaid the entire bailout plus interest after the minimum time possible. Dimon has been recorded under oath explaining that the Fed asked him to take a bailout he didn't need in order to convince the banks that did need it to accept. JPMorgan put the money in an interest bearing account and left it there until it could be repaid.

JPMorgan Chase Repays All Of Its TARP Funds

www.businessinsider.com

I've never seen anybody corroborate his story about TARP funds but Chase was also indirectly bailed out by the AIG bailout which saved them and many other banks from circling the drain due to their credit default swap exposure.

 

[stupac2]

I've never seen anybody corroborate his story about TARP funds but Chase was also indirectly bailed out by the AIG bailout which saved them and many other banks from circling the drain due to their credit default swap exposure.

TARP basically broke even:

The May 2015 report of the TARP to Congress stated that $427.1 billion had been disbursed, total proceeds by April 30, 2015 were $441.8 billion, exceeding disbursements by $14.1 billion, though this included $17.7 billion in non-TARP AIG shares. The report predicted a total net cash outflow of $37.7 billion (excluding non-TARP AIG shares), based on the assumption the TARP housing programs' (Hardest Hit Fund, Making Home Affordable and FHA refinancing) funds are fully taken up. Debt is still outstanding, some of which has been converted to common stock, from just under $125 million down to $7,000. Sums loaned to entities that have gone into, and in some cases emerged from bankruptcy or receivership are provided. Additional sums have been written off, for example Treasury's original investment of $854 million in Old GM.[40]

 

[Nathan]

I've never seen anybody corroborate his story about TARP

It's in the annual and quarterly filings from that time. Those go to the SEC and are pretty heavily regulated. If it weren't true, we'd know.

 

[reverseapachemaster]

TARP basically broke even:

I'm not sure why you think this is responsive to what I said.

 

[reverseapachemaster]

It's in the annual and quarterly filings from that time. Those go to the SEC and are pretty heavily regulated. If it weren't true, we'd know.

I'm not disputing what happened to the funds once Chase accepted them--the filings state they took the TARP funds to be good citizens?