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QUOTE Originally Posted by KOAJ:

interesting info

http://costofwar.com/

iraq war - 744b and counting

TARP - 787b

Obama Stimulus -800b

also...Barry Soetoro gave Fannie and Freddie a blank check around xmas last year in the ballpark of 4-500b initially

the cost (simple dollars and cents) of war in Iraq is a nothing compared to the theft of TARP and the silent inflation tax that no one ever sees

QUOTE Originally Posted by cashin:

Good questions as usual wall -

Many on the right just can't seem to bring themselves to look at things objectively with any rationality. It's gotta be all of Obama's mess now when nothing could be further from the truth. As if he (or anyone) could wave a magic wand & turn water into wine. Granted, he encouraged those kinda expectations somewhat, but what else do campaigning politicians do?

QUOTE Originally Posted by wallstreetcappers:



Wow...another example of taking a few stats with a bunch of misinformation and drawing a fun conclusion.

How much of TARP was paid back? <no idea but if you say 300b, then i'll tell you that those profits were made from borrowing from the Fed at 0% and buying treasuries yielding 3%> How much of the Iraq invasion money was paid back? <none>

How many lives were lost by TARP, how many lives were lost from the Iraqi invasion? <i prefaced my statement with "strictly dollars and cents">

How many domestic jobs did TARP and the general stimulus provide? <none...government doesnt provide jobs. government takes money from current or future generations and redistributes it today towards those who's votes it values>

How many domestic jobs did the Iraqi money provide? <weapons productions? a lot. do you count soldiers?>

Why are you comparing an invasion which served zero purpose to monies spent on OUR economy, which was caused by the administration that went INTO Iraq? <so war production is not an industry? i dont like it as much as you dont but to say that other government spending is better is nonsense. no government at all spending is most effective>

Bush spent a T on Iraq, Bush orchestrated TARP, Bush sacked the economy and the government is spending..interesting how that works. <agreed...although bush didnt sack the economy by himself...was a long time coming. the dem congress overwhelmingly voted for TARP <2 to 1 vote FOR>. they could have stopped it. it failed the first time. too bad they didnt stick to their guns especially when phone calls to congress were 300-1 against the bailouts. shows who their true masters are>

As YOU know, during lean economic times, the government usually spends more <an outright failure...the collapse of Keynesian economics will be a great day for all of us> the problem was that Bush inherited GREAT economic conditions, <bush inherited the collapsed dot.com bubble and his Fed blew a housing bubble> blew through those and spent more on TOP of the good situation he was left with.

You going to supply answers to the above, or just to the comments that those who agree with your POV?