Does this mean he failed?- Chrysler and others pay back TARP loan.

I’m sitting here refreshing Drudge and Cnn while simultaneously flipping through all the headline news shows… and no hoopla!

You’d think with months of screaming, ranting,crying, and those  tea-parties, someone would have mentioned that we are now  ‘less Socialistic’ …

If I could stomach listening to Boss Limbaugh, I would see if he was sweating and dancing to the tune of Beck’s  “Loser”. Since President Obama has most certainly failed in his attempt to turn the USA into the county of the New National Socialist Party,  with his ingenious take over of the banks and car companies.. whilst driving the rest of the country into the shittier by stealing our wealth and spreading it amongst the elites…

but nope, nothing.. instead I get the news from my favorite ‘Mo

Chrysler Financial repays $1.5

bln US gov’t loans

DETROIT, July 14 (Reuters) – Chrysler Financial said on Tuesday it has paid off $1.5 billion in loans it had received from the U.S. Department of Treasury in January to fund vehicle loans and incentive programs for Chrysler consumers…

BB&T repays TARP money

Seven months after it accepted $3.1 billion from the federal government, BB&T Corp. – a longtime opponent of big government – repaid the money with interest Wednesday.

$93 million in profit was made off that investment.. Not too shabby in my opinion.

FirstMerit repaying TARP

loan this month

An Ohio bank with more than a dozen branches in the region announced plans this week to repay the federal government’s more than $125 million investment under the Capital Purchase Program.

In fact, if it had not been for the ‘mo..and the 2nd story I never would have known that American Express, Bank of New York Mellon, Capital One, Goldman Sachs, JPMorgan Chase, Morgan Stanley, Northern Trust, State Street and U.S. Bancorp also announced that they had repaid their loans from TARP, or the Troubled Asset Relief Program.

I should be surprised that I haven’t heard anything from the biased and untrue liberal MSM.. right?

Then again, if the media really was a ‘liberal slanted monster’ this would be on every headline news crawler and program just to rub it in to the faces of the Chicken Littles who were screaming that we were being taken over by our government…ironically while ignoring that were already  ‘taken over’ by our government..

I guess they are moving on to make more accusation about the Democrats evil attempt to bring socialism to the shores of the country by giving every baby born, house cleaner working, and any one else who likes to choose things for themselves instead of having someone else choose for them, that deplorable option of…. Health Care. So like everything else we’ve seen ignored in the last week.. Chrysler’s repayment will go unnoticed because it’s easier to keep throwing the kitchen sink of accusations than it is to actually give it a minute to see if it just might work.. It’s more patriotic to wish failure for the Government attempt to stop the slide into another depression era than it is to say “OK, that was my bad.. Carry on”.

Anyway, thank you for the $93 million in profit BB&T.. it was a pleasure doing business with you.. Come again soon.

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2 responses to “Does this mean he failed?- Chrysler and others pay back TARP loan.

  • Howey

    Speaking of mo..What do you mean there’s nothing good on Drudge today?

    I get the best laughs reading the crap he posts, almost as much as reading “CNS” News and Newsbusters…

    Today he’s got a pic of our God throwing out the first pitch at the All Star game and is pimping the lack of healthcare in Britain. Sadly, the newly proposed system is nothing like Britain. If Drudge and the other pubs had a brain they’d realize it.

    I swear…it’s like Drudge is channelling Colbert lately!

  • lil mike

    I would be happier about the TARP and auto loans being paid back if the taxpayers were going to actually get that “profit” But first, Paulson forced several financial institutions to take the money in the first place. They only recently got permission from the Treasury Dept to pay it back. Yeah, they had to get permission to finally pay it back.

    As far as the profits, ha! We’ll never benefit from the profits. Ever heard of the “TARP for Main Street Act of 2009?” That’s where the money is going.

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