Obama's Pay Czar cost U.S. taxpayers TENS of BILLIONS in TARP profit (user search)
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  Obama's Pay Czar cost U.S. taxpayers TENS of BILLIONS in TARP profit (search mode)
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Author Topic: Obama's Pay Czar cost U.S. taxpayers TENS of BILLIONS in TARP profit  (Read 2783 times)
opebo
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« on: December 17, 2009, 02:04:14 PM »

How does this matter?  If they wipe out 50-100 billion by 'bad decisions' they can just print it.  The net result is no change.

It just gets kind of funny taking about the State 'making a profit'.
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opebo
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« Reply #1 on: December 17, 2009, 05:07:19 PM »

But isn't limiting pay a desirable goal even if it costs money overall?
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opebo
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Posts: 47,009


« Reply #2 on: December 18, 2009, 11:21:42 AM »

Playing the stocket market is precisely what you're proposing, jmfcst, with all of your concerns about profits. 

And it is absurd for the State to play the market - the market is a creature of the State.  Nothing that the market can 'do' - such as realize a lot of dollars from nowhere and nothing - is beyond the purview of the State to do by merely ordering it.
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