Housing Bailout in the Black for Taxpayers

[ONW]

http://www.reuters.com/article/2014/02/21/us-usa-housing-fanniemae-idUSBREA1K0WL20140221

"(Reuters) - Fannie Mae said on Friday it would soon send the U.S. Treasury a dividend of $7.2 billion that will make taxpayers whole for the 2008 bailout of the mortgage-financing giant and its sibling company Freddie Mac."

"Fannie Mae's dividend payment next month means the two companies, after a combined bailout of $187.5 billion, will have paid back about $192.5 billion in dividends. This excludes any payment Freddie Mac may still announce."

 

[EatLeadCommie]

A good thing, but not technically in the black when accounting for inflation. Need about $205 billion total for that.

Now, about that auto bailout...

 

[ONW]

Are we accounting for inflation when it comes to the minimum wage?

And BTW, the original $18 billion automotive company bailout came from whom?

 

[pourdeac]

Great news. Let's do that all again since it worked out so well.

 

[BillBrasky]

Are we accounting for inflation when it comes to the minimum wage?

And BTW, the original $18 billion automotive company bailout came from whom?

Come on dude

 

[WakeandBake]

Iit was a reasonable question.

 

[ONW]

Come on dude

Are we?

 

[ONW]

Great news. Let's do that all again since it worked out so well.

Apparently it did. It's ok to acknowledge success sometimes.

 

[Deacfreak07]

Apparently it did. It's ok to acknowledge success sometimes.

Of course it isn't.

 

[jhmd2000]

So if one program is running a surplus (and that's now suddenly a good thing), then it stands to reason that we should probably see how the entire government is doing by the same standard...http://www.reuters.com/article/2014/02/16/us-usa-debt-obama-idUSBREA1E11D20140216

It is okay to acknowledge epic failure sometimes, too.

 

[ONW]

So if one program is running a surplus (and that's now suddenly a good thing), then it stands to reason that we should probably see how the entire government is doing by the same standard...http://www.reuters.com/article/2014/02/16/us-usa-debt-obama-idUSBREA1E11D20140216

It is okay to acknowledge epic failure sometimes, too.

You are confusing debt with deficit.

Let's throw the baby out with the bath water I guess.

 

[jhmd2000]

You are confusing debt with deficit.

Let's throw the baby out with the bath water I guess.

"America is still gaining jobs under President Obama, but millions more live in poverty, typical household incomes have not kept pace with inflation, and the federal debt is up nearly 90 percent and on pace to double before he leaves office. "

http://www.factcheck.org/2013/10/obamas-numbers-october-update/

 

[ONW]

"America is still gaining jobs under President Obama, but millions more live in poverty, typical household incomes have not kept pace with inflation, and the federal debt is up nearly 90 percent and on pace to double before he leaves office. "

http://www.factcheck.org/2013/10/obamas-numbers-october-update/

Again debt vs. deficit

 

[jhmd2000]

Again debt vs. deficit

Where does debt come from? Does it just fall out of the sky?

 

[ChrisL68]

So if one program is running a surplus (and that's now suddenly a good thing), then it stands to reason that we should probably see how the entire government is doing by the same standard...http://www.reuters.com/article/2014/02/16/us-usa-debt-obama-idUSBREA1E11D20140216

It is okay to acknowledge epic failure sometimes, too.

This is cute and all, but our deficit situation would be pretty much the same under Republican leadership right now.

 

[ONW]

Where does debt come from? Does it just fall out of the sky?

Come on dude, you are better than this usually.

I guess you could say that debt service falls out of the sky, but to elaborate would be pointless because you would just go "blame Bush" and disregard anything said.

 

[ONW]

This is cute and all, but our deficit situation would be pretty much the same under Republican leadership right now.

Sooner or later a Republican will be elected President again, and they will then have the largest debt in history and the mental gymnastics will commence again.

 

[pourdeac]

Apparently it did. It's ok to acknowledge success sometimes.

"All" meant more than the bailout.

 

[pourdeac]

Sooner or later a Republican will be elected President again, and they will then have the largest debt in history and the mental gymnastics will commence again.

As if it didn't happen under Bush...both of them?

 

[ONW]

I agree pour.