IXI Jim IXI: And blame the antibiotic/birth control combo, not me! Of course, it's not like you'd know it's summer yet around here...

No shiat, huh? Jesus.

rohar: PascalsGhost: gustakooka: PascalsGhost: It's never been tried on this scale, or anything close to it. Right?

1990 Clean Air Act put in a pretty big Cap and Trade system for SO2, which has proven to work out fantastic.

Pretty big, compared to nothing. Pretty small, compared to CO2

Actually, the cap and trade system is exactly the same as the one in place for CO2 now if this passes. The scale really shouldn't matter much.

I understand though. It works, it doesn't support your WARGRBBL, so toss it out.

I'm honestly not sure either way.

I understand. I'm just pointing out it has occurred before and it has worked well. To disregard that is simply denial.

I'm pretty sure any number of markets are going to have to adjust. That might have been easier just after 1990 when money was flowing like water due to the bubble.

Until 94 or so the money wasn't flowing at all.

ayenull: /Q&D

Slap shot, indeed...

rohar: So let me get this straight.

We took almost a trillion dollars that we didn't have, gave it to distressed banks that did nothing with it other than pay interest on it, the government now wants to use the interest from the nonexistent money that did absolutely nothing to pay for projects we don't need.

How was this a bright idea again?

1. Many banks did quite a lot of good things with TARP funds. Wells Fargo bought Wachovia with the funds, for example.

2. Even on those banks that didn't spend the funds, they count towards their reserve requirements, meaning they can lend more of their other money out.

3. Many of the banks that took TARP funds couldn't have met reserve requirements otherwise. Without TARP, the FDIC would have had to take action against the banks.

4. Bank failures undermine confidence in the banking industry, which could lead to runs on banks and cause further failures.

IXI Jim IXI: ayenull: /Q&D

Slap shot, indeed...

Snapped the umbilical cord too.

Speaking of which, they are a little tougher to cut than I had imagined. Either that, or they gave me dull scissors. With my 2nd, blood splattered everywhere when I cut it. One of the first views of my 2nd baby girl is that with a blood splattered face.

Enjoy!

GaryPDX: The Separation of Corporation and State is as important as the Separation of Church and State. For exactly the same reasons.

Are you seriously too farking dense to realize that the corporation is only made possible through the state? Without the protections provided by the state through incorporating there would not be a single corporation. You know I listen to wingnut radio now and then and wonder to myself, "who would be stupid enough to believe this shiat."

Anyone with an IQ over 80 can understand how illogical most of the things these entertainers say are. Then I come to Fark and read your post (and Thune and Thunderpipes and Shryke) and I realize that there really are people that are this farking stupid. No wonder you guys believe int "free market" micoreconomic theory regardless of what happens on a macrolevel. You don't have the ability to comprehend the bigger picture.

Sum Dum Gai: rohar: So let me get this straight.

We took almost a trillion dollars that we didn't have, gave it to distressed banks that did nothing with it other than pay interest on it, the government now wants to use the interest from the nonexistent money that did absolutely nothing to pay for projects we don't need.

How was this a bright idea again?

1. Many banks did quite a lot of good things with TARP funds. Wells Fargo bought Wachovia with the funds, for example.

2. Even on those banks that didn't spend the funds, they count towards their reserve requirements, meaning they can lend more of their other money out.

3. Many of the banks that took TARP funds couldn't have met reserve requirements otherwise. Without TARP, the FDIC would have had to take action against the banks.

4. Bank failures undermine confidence in the banking industry, which could lead to runs on banks and cause further failures.

Will you please stop with the facts already?

Thrakkerzog: Speaking of which, they are a little tougher to cut than I had imagined. Either that, or they gave me dull scissors. With my 2nd, blood splattered everywhere when I cut it. One of the first views of my 2nd baby girl is that with a blood splattered face.

I'd so take that picture and show it to prospective boyfriends.

IXI Jim IXI: I'd so take that picture and show it to prospective boyfriends.

No picture, wife's rules. Not until after they wipe the crud off the kid. I actually forgot the camera with the 2nd kid because we had to leave in such a hurry.

I could always do what my uncle did. He would clean his guns every time one of his daughters came home with someone he didn't care for.

I'd have to get some guns first though. Besides the ones attached to my body, of course. ;-)

gustakooka: It's never been tried on this scale, or anything close to it. Right?

We actually have two cap and trade systems in the United States today. They have been successful. TMYK.

Thrakkerzog: I could always do what my uncle did. He would clean his guns every time one of his daughters came home with someone he didn't care for.

I'd have to get some guns first though. Besides the ones attached to my body, of course. ;-)

This plan works even better if you are wearing your wife's teddy while you clean the guns. Smoke a pipe too if you are a smoker.

Sum Dum Gai: rohar: So let me get this straight.

We took almost a trillion dollars that we didn't have, gave it to distressed banks that did nothing with it other than pay interest on it, the government now wants to use the interest from the nonexistent money that did absolutely nothing to pay for projects we don't need.

How was this a bright idea again?

1. Many banks did quite a lot of good things with TARP funds. Wells Fargo bought Wachovia with the funds, for example.

2. Even on those banks that didn't spend the funds, they count towards their reserve requirements, meaning they can lend more of their other money out.

3. Many of the banks that took TARP funds couldn't have met reserve requirements otherwise. Without TARP, the FDIC would have had to take action against the banks.

4. Bank failures undermine confidence in the banking industry, which could lead to runs on banks and cause further failures.

Yep, and had 100% of the TARP monies been used for that purpose I think it's very likely over the long term the gov't (and taxpayers) would have made a little money on it. Where it went astray was dipping into the TARP fund for sh*t like GM and Chrysler after congress specifically refused to act on those two issues directly (and rightly so).

MrGumboPants: Gary, you're a douche for playing the victim card.

Says the first person that would play the race card if he were a Tuna.

sepuku2: MrGumboPants: Gary, you're a douche for playing the victim card.

Says the first person that would play the race card if he were a Tuna.

and whhhhhoooooooosh goes the joke...

Dr.Knockboots: Anyone outside of the area gonna get the P-Town reference?

My wife, in her early years, lived with her Uncle Jack and Aunt Frank up there. (Not obscure, it was really their names.)

I heard a few stories.

Different strokes/different folks.

/from Pittsburgh

occrider: I work for one of the banks that repaid tarp so I'm getting a kick and so and so ...

No seriously, the tarp money essentially sat in a holding account and did absolutely nothing because everyone was scared shiatless of having to account for how it was spent (god forbid some portion of it were used for standard BAU operations and the public would focus on some insignificant amount used on perceived waste resulting in a PR nightmare). Meanwhile, the government made out like a bandit on ridiculous dividend payments and warrants.

Well, at least the banks now know what it is like to be farked up the ass. Maybe they will remember that feeling in the future and not do such monumentally stupid things as they have in the past.

Several people have commented about Republicans unwillingness to take credit for SO2 cap and trade. I find it even funnier that they would be willing to admit that TARP is working if it means they can get a cheap shot in on Barney Frank. I don't think they have thought their plan through all the way.

IXI Jim IXI: Thrakkerzog: My first went 39 6/7ths weeks. The 2nd was 39 1/7th weeks. The last two weeks or so are pretty uncomfortable and my wife had a lot of trouble sleeping.

My wife's been having trouble sleeping for a good portion of the time. Alas, she thinks me hitting her with a tranquilizer dart will be bad for the baby.

Thrakkerzog: It's an amazing experience which will change your life forever. Just don't show up drunk. :-)

I plan on being painfully sober. I just need to find a place I can buy body armor.

Get her one of those squish balls used for exercising fingers so she has something to squeeze instead of the nearest available dangly bits.

Trust me.

Wait, I thought every dime of TARP was spent on bonuses.

MFL: Wait, I thought every dime of TARP was spent on bonuses.

Ohhhh, late to the game and lame.

gustakooka: what_now: Oh...I get it. Because he's gay!! oh! Ha! He's Gay!!


ass.

Really. Please make fun of the way he talks, not his sexual orientation.

You sound butthurt.