Comments on: TARP, PDCF, TALF: I Admit It, I'm Lost!

By: Stimulus Acronyms | Citizen Economics

Stimulus Acronyms | Citizen Economics — Tue, 17 Feb 2009 03:43:01 +0000

[...] is an explanation of each of them in plain [...]

By: monkeyfurball

monkeyfurball — Fri, 28 Nov 2008 03:39:21 +0000

I agree with Jim Rogers. Let them fail. You haven’t seen inflation till you live in the USA over the next 5 years or so. It will be unbearable with the debasement the dollar will take thanks to the HUGE deficit. Folks, you could be paying $20 for a loaf of bread.

By: dale

dale — Wed, 26 Nov 2008 23:38:36 +0000

Thank you Mr. Sullivan for your “getting lost” article…I printed the
paragraph with the abreviations and what they mean..Thanks to you
I can follow more closley what’s being said and read as we try to
understand what is going on around us.

By: dale

dale — Wed, 26 Nov 2008 23:33:44 +0000

By: Stephan L. Rosenbaum, Esq.

Stephan L. Rosenbaum, Esq. — Wed, 26 Nov 2008 21:01:49 +0000

How about GSTAB – Give Steve a Billion!

1. It might be simpler just to remove the capital gains tax for a couple of years. We might be amazed about what it might do!

2. A weekly prime time network broadcast by a recognized government official explaining to the American people, with charts, graphs and animation, just exactly what is being spent, where it is going and what it is doing, might go a long way to inspiring consumer confidence and a perception that we are moving in the right direction which in turn will spur the economy with perception of success instead of failure. Act, but communicate!

By: s.r.b.

s.r.b. — Wed, 26 Nov 2008 15:43:48 +0000

Brian,

You aren’t alone here, I think they are trying to confuse us and get us lost, if we knew how the money was really being spent, we would probably revolt!

By: AMachado

AMachado — Wed, 26 Nov 2008 05:17:25 +0000

Mr. Sullivan,

Individuals with a basic understanding and expertise regarding business models should be in charge of taxpayer money, it’s the amount that is the question. When the Treasury Department asked for the “bail-out” they went to Congress instead of the people.

Why can’t we have an option at Treasury Direct to invest in programs within the government? The recent election proved that there are plenty investors out there willing to invest in small increments, with high risk and little ROI. You’se people at FOX could have a link.

These programs that are being developed need to have clear missions. They should also allow investors to purchase assests from these programs.
Hopefully one day.

By: Gary

Gary — Wed, 26 Nov 2008 03:04:32 +0000

How about P.U.K.E. ? Permanently Underacheiving Knowledge Emergency – Which is the state of the Treasury Department. They have no idea what’s going on with the economy and no idea how to deal with it.

By: Gerry in Florida

Gerry in Florida — Wed, 26 Nov 2008 00:18:22 +0000

I cannot believe that there is not one person in a position of power in this country who is willing to stand up and put Paulson and his buddies out of business. Could it be because they are all feeding at the same trough? I feel like I’m on a train that has been hijacked by a madman who has locked himself in the locomotive and is driving full speed towards a cliff, bouncing off of every possible rut, boulder, and tree along the way. This has clearly become all about enriching the very people who created this mess at the expense of the honest taxpayers. Why would you ever try to fix a problem that was created by irresponsible lending to people who didn’t have the ability to pay back the loan by freeing up money in those same institutions to be lent out to those same people? The only reason that I can see is simply to funnel some more money to the same banking executives that have already gotten rich by driving our economy and everyone’s savings into ruin. Maybe if we hadn’t outsourced so much of our income we wouldn’t have to support our economy with borrowed money. Let’s get back to the business of paying people a decent living wage for inventing, making, and building things here. You cannot survive as a service jobs only economy. Eventually there are only the very few very rich and even though they will want a great deal of service that can only support so many of the working poor. Right now it’s working out great for the powerful haves and not so great for everyone else.

By: Kathleen

Kathleen — Tue, 25 Nov 2008 17:42:01 +0000

Any one else think Paulson looks like Daddy Warbucks?