# Analyze this.
**URL:** https://forums.speedlife.net/t/analyze-this/62203
**Category:** NYSpeed Off Topic
**Created:** [January 30, 2009, 1:04pm UTC](https://forums.speedlife.net/t/analyze-this/62203 "2009-01-30T13:04:38Z")
**Posts on this page:** 16
**Page:** 1
### Author:  [@Fry](https://forums.speedlife.net/u/Fry)
#### Post date: [January 30, 2009, 1:04pm UTC](https://forums.speedlife.net/t/analyze-this/62203/1 "2009-01-30T13:04:38Z")
Seriously. Every God forsaken political and economic argument I read on here consists of you fucks supporting your argument with someone else’s argument. Last I checked you supported a hypothesis with facts.
So lets have a little exercise. I am providing you with facts. No spin. No analysis. No commentary. I want you to just comment on it, analyze it, draw a conclusion from it if you feel you can.
I just want to see somebody think for themself.
The first quote is the opening text of the bailout. Copied and pasted from the actual bill. The second text is copied and pasted from the Treasury’s records of what the first $350 billion was spent on. It is a few transactions, not the entire spend summary.
> [@TARP Text](#):
>
> TITLE I—TROUBLED ASSETS RELIEF
> PROGRAM
> SEC. 101. PURCHASES OF TROUBLED ASSETS.
> (a) OFFICES; AUTHORITY.—
> (1) AUTHORITY.—The Secretary is authorized to establish
> the Troubled Asset Relief Program (or ‘‘TARP’’) to purchase,
> and to make and fund commitments to purchase, troubled
> assets from any financial institution, on such terms and conditions
> as are determined by the Secretary, and in accordance
> with this Act and the policies and procedures developed and
> published by the Secretary.
> [@Treasury](#):
>
> U.S. Treasury Department
> Office of Financial Stability
> Troubled Asset Relief Program
> Transactions Report
> For Period Ending January 23, 2009
> CAPITAL PURCHASE PROGRAM
> Seller
> Date Name of Institution City State Transaction Type Description Price Paid
> Pricing
> Mechanism
> 10/28/2008 Bank of America Corporation Charlotte NC Purchase Preferred Stock w/Warrants $15,000,000,000 Par
> 10/28/2008 Bank of New York Mellon Corporation New York NY Purchase Preferred Stock w/Warrants $3,000,000,000 Par
> 10/28/2008 Citigroup Inc. New York NY Purchase Preferred Stock w/Warrants $25,000,000,000 Par
> 10/28/2008 The Goldman Sachs Group, Inc. New York NY Purchase Preferred Stock w/Warrants $10,000,000,000 Par
> etc…
Here. I have given you facts. Do your own analysis.
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### Author:  [@deebo](https://forums.speedlife.net/u/deebo)
#### Post date: [January 30, 2009, 1:07pm UTC](https://forums.speedlife.net/t/analyze-this/62203/2 "2009-01-30T13:07:10Z")
i haz 2 thinks for myself? but i wantz 2 use someone elses edumacation so i look like i smart! ☹
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### Author:  [@justa4door](https://forums.speedlife.net/u/justa4door)
#### Post date: [January 30, 2009, 1:09pm UTC](https://forums.speedlife.net/t/analyze-this/62203/3 "2009-01-30T13:09:30Z")
What is the return on the Warrants and how long to pay back ?
really im not trying to be a dick i would like to know
> [@deebo](#):
>
> i haz 2 thinks for myself? but i wantz 2 use someone elses edumacation so i look like i smart!
DO you really try and get in every fucking topic
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### Author:  [@Jam](https://forums.speedlife.net/u/Jam)
#### Post date: [January 30, 2009, 1:09pm UTC](https://forums.speedlife.net/t/analyze-this/62203/4 "2009-01-30T13:09:52Z")
bacon
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### Author:  [@RedGoober4Life](https://forums.speedlife.net/u/RedGoober4Life)
#### Post date: [January 30, 2009, 1:20pm UTC](https://forums.speedlife.net/t/analyze-this/62203/5 "2009-01-30T13:20:09Z")
infinite at minimum reflux.
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### Author:  [@Bacon](https://forums.speedlife.net/u/Bacon)
#### Post date: [January 30, 2009, 1:24pm UTC](https://forums.speedlife.net/t/analyze-this/62203/6 "2009-01-30T13:24:34Z")
> [@Jam](#):
>
> bacon
I fully support this statement.
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### Author:  [@Nikuk](https://forums.speedlife.net/u/Nikuk)
#### Post date: [January 30, 2009, 1:29pm UTC](https://forums.speedlife.net/t/analyze-this/62203/7 "2009-01-30T13:29:07Z")
FRY:
[http://finance.google.com/finance?client=ob&q=NYSE:PX](http://finance.google.com/finance?client=ob&q=NYSE:PX)
---
### Author:  [@JayS](https://forums.speedlife.net/u/JayS)
#### Post date: [January 30, 2009, 1:36pm UTC](https://forums.speedlife.net/t/analyze-this/62203/8 "2009-01-30T13:36:59Z")
It’s funny how you talk down to the forum with such disdain towards the way we copy and paste articles when you yourself have copied and pasted a tiny section of a huge bill as if it’s the holy grail to your argument.
> **[COPDraft412-9-08-2.pdf](https://graphics8.nytimes.com/images/2008/12/11/business/COPDraft412-9-08-2.pdf)**
>
> 268.81 KB
> 1. What is Treasury’s Strategy? What does Treasury think the central
> causes of the financial crisis are and how does its overall strategy for
> using its authority and taxpayer funds address those causes? What
> specific facts caused Treasury to change its strategy in the last two
> months? What specific facts changed that made purchase of
> mortgage-backed assets a bad idea within days of the request and
> what specific facts changed again to make guaranteeing such assets a
> good idea a few weeks later?
> Treasury has pursued a number of strategies using its authority under the Emergency
> Economic Stabilization Act:
> • Strategy 1: Buying Mortgage-Related Assets. In September 2008, Secretary
> Paulson requested authority for Treasury to buy up to $700 billion in troubled
> mortgage-related assets.22 According to the Secretary, purchasing the assets
> would reduce systemic risk and increase confidence in institutions holding these
> “toxic assets.” Although Congress granted Treasury the authority to execute this
> plan on October 3, Treasury did not act on this authority.23
> **• Strategy 2: Purchasing Preferred Stocks and Warrants to increase the capital base
> of banks. On October 14, Treasury announced a plan to invest up to $250 billion
> into financial institutions in exchange for preferred stocks and warrants in order to
> “significantly strengthen financial institutions and improve their access to
> funding, enabling them to increase financing of the consumption and business
> investment that drive U.S. economic growth.”24 Treasury indicated that it still
> intended to make purchases of mortgage-related assets from financial
> institutions.25**
> • Strategy 3: On November 12, Treasury announced that it would not purchase
> troubled mortgage-backed assets, as it had asked for authority to do in
> September.26 Instead, Secretary Paulson stated that Treasury was considering
> programs that would allow non-bank financial institutions to participate in the
> CPP if they secure an equivalent amount of capital from private investors and
> providing federal financing to allow private investors to purchase asset-backed
> securities.27
> • Strategy 4: On November 25, Treasury announced it would participate in the
> Federal Reserve’s Term Asset-Backed Securities Loan Facility (TALF), a $200
> billion program that would provide financing to investors of highly rated assetbacked
> securities, focused on student and auto loans, credit card debt, and small
> business loans.28 According to Secretary Paulson’s statement announcing the
> program, “[b]y providing liquidity to issuers of consumer asset-backed paper, the
> Federal Reserve facility will enable a broad range of institutions to step up their
> lending, enabling borrowers to have access to lower cost consumer finance and
> small business loans.”29
> • Strategy 5: On December 4, it was reported that Treasury is considering
> increased purchases of mortgage-backed securities held by Fannie Mae and
> Freddie Mac in order to drive down interest rates to 4.5%.30 Although the details
> are unclear, under this plan, lower interest rates should enable some consumers to
> purchase homes.
> • Other Strategies. In addition, Treasury has stated it is considering other strategies,
> such as FDIC Chairman Sheila Bair’s proposal for restructuring residential
> mortgages, streamlined loan modification programs for at-risk borrowers, and
> guarantee of loan modifications by private lenders.31
I’m not going to claim to know what purchasing preferred stocks with warrants means. You however sure seem to be inferring that they money isn’t being spent how it was intended, which doesn’t appear to be the case.
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### Author:  [@dubbin91](https://forums.speedlife.net/u/dubbin91)
#### Post date: [January 30, 2009, 1:41pm UTC](https://forums.speedlife.net/t/analyze-this/62203/9 "2009-01-30T13:41:40Z")
> [@JayS](#):
>
> I’m not going to claim to know what purchasing preferred stocks with warrants means. You however sure seem to be inferring that they money isn’t being spent how it was intended, which doesn’t appear to be the case.
Preferred stock is when you get paid dividends before the other shareholders also paid if the company is liquidated, and warrant i believe its backed by some sort of security so the government can’t lose there ass.
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### Author:  [@L8APEX1](https://forums.speedlife.net/u/L8APEX1)
#### Post date: [January 30, 2009, 2:24pm UTC](https://forums.speedlife.net/t/analyze-this/62203/10 "2009-01-30T14:24:11Z")
> [@Fry"](#):
>
> Seriously. Every God forsaken political and economic argument I read on here consists of you fucks supporting your argument with someone else’s argument.
i agree :mamoru:
> [@Fry"](#):
>
> I just want to see somebody think for themself.
welcome to nyspeed. i laugh at half the shit said on here. many times i’ll start typing in a legitamate response but then just hit the back button due to most of these mongoloids replying with “no way, this is better, fggt”. they can’t give a proper response, just a stupid phrase. other times i have seen fantastic arguments made but because the poster used their/there/they’re wrong the thread goes horribly askew, with a bunch nitwits that can not think for themselves jumping on the “you’re a retard” bandwagon meanwhile trying to hide the fact that they have IQ’s that barely reach the level of idiot savants that have no savant.
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### Author:  [@L8APEX1](https://forums.speedlife.net/u/L8APEX1)
#### Post date: [January 30, 2009, 2:24pm UTC](https://forums.speedlife.net/t/analyze-this/62203/11 "2009-01-30T14:24:33Z")
> [@L8APEX1](#):
>
> i agree :mamoru:
>
> welcome to nyspeed. i laugh at half the shit said on here. many times i’ll start typing in a legitamate response but then just hit the back button due to most of these mongoloids replying with “no way, this is better, fggt”. they can’t give a proper response, just a stupid phrase. other times i have seen fantastic arguments made but because the poster used their/there/they’re wrong the thread goes horribly askew, with a bunch nitwits that can not think for themselves jumping on the “you’re a retard” bandwagon meanwhile trying to hide the fact that they have IQ’s that barely reach the level of idiot savants that have no savant.
FGGT:nerd:
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### Author:  [@Fry](https://forums.speedlife.net/u/Fry)
#### Post date: [January 30, 2009, 9:39pm UTC](https://forums.speedlife.net/t/analyze-this/62203/12 "2009-01-30T21:39:52Z")
> [@JayS](#):
>
> It’s funny how you talk down to the forum with such disdain towards the way we copy and paste articles when you yourself have copied and pasted a tiny section of a huge bill as if it’s the holy grail to your argument.
>
> [http://graphics8.nytimes.com/images/2008/12/11/business/COPDraft412-9-08-2.pdf](http://graphics8.nytimes.com/images/2008/12/11/business/COPDraft412-9-08-2.pdf)
>
> I’m not going to claim to know what purchasing preferred stocks with warrants means. You however sure seem to be inferring that they money isn’t being spent how it was intended, which doesn’t appear to be the case.
I did not intend to frame an argument. I did not intend to infer anything. I posted the first paragraph of legislation from the TARP bill that was signed into law and the most recent transactions from TARP spending. I felt that that was a decent way to present simple facts. If you have observed a conflict between the two then good for you for thinking about it enough to recognize it as such, and further bravo for going out and finding more non-media information to counter what you perceived as my point.
I didn’t mean to offend you. It’s just that I’m just as sick of the baseless claims on here as you are, from either side. I’m not attacking the right. Honestly if someone put a gun to my head and told me I had to pick one party to side with for the rest of my life I’d sign under GOP. I think fundamental republican values are more in line with the world as I perceive it than fundamental democratic party values.
All I really wanted was for some of these puppets of their respective media spin doctors of choice to prove that they can think for themselves. I don’t include you in that category, as you tend to bring facts and logic when you bother putting effort into a debate on a silly little message board.
Well, that ought to be a sufficient volume of text to keep most people from reading it. Goodnight!
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### Author:  [@Fry](https://forums.speedlife.net/u/Fry)
#### Post date: [January 30, 2009, 9:41pm UTC](https://forums.speedlife.net/t/analyze-this/62203/13 "2009-01-30T21:41:54Z")
> [@L8APEX1](#):
>
> i agree :mamoru:
>
> welcome to nyspeed. i laugh at half the shit said on here. many times i’ll start typing in a legitamate response but then just hit the back button due to most of these mongoloids replying with “no way, this is better, fggt”. they can’t give a proper response, just a stupid phrase. other times i have seen fantastic arguments made but because the poster used their/there/they’re wrong the thread goes horribly askew, with a bunch nitwits that can not think for themselves jumping on the “you’re a retard” bandwagon meanwhile trying to hide the fact that they have IQ’s that barely reach the level of idiot savants that have no savant.
Sad isn’t it? Sort of a “so close yet so far away” type of thing…
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### Author:  [@mechanicalmadness](https://forums.speedlife.net/u/mechanicalmadness)
#### Post date: [January 31, 2009, 10:59am UTC](https://forums.speedlife.net/t/analyze-this/62203/14 "2009-01-31T10:59:44Z")
Ya know , I wont pretend to know what all that shit means. Regardless. Ever since the whole “bailout plan” got thrown onto the table I have said that the funds would be largely miss appropriated, with only a small portion actually going to where it’s supposed to go.
On a side note. It makes me chuckle how any post that requires more than 50 IQ points gets deserted faster than a brothel in the middle of a herpes epidemic.
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### Author:  [@Violator](https://forums.speedlife.net/u/Violator)
#### Post date: [January 31, 2009, 12:23pm UTC](https://forums.speedlife.net/t/analyze-this/62203/15 "2009-01-31T12:23:36Z")
> [@Fry](#):
>
> Sad isn’t it? Sort of a “so close yet so far away” type of thing…
and you guys JUST noticed this trend? This has been going on since UBRF and got worst when NYSpeed was created because all the bandwagon “hes my friend so hes right” tools were concentrated in one place.
Seems to have dissipated a bit over time as certain people grow up (sort of)
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### Author:  [@L8APEX1](https://forums.speedlife.net/u/L8APEX1)
#### Post date: [February 1, 2009, 8:34pm UTC](https://forums.speedlife.net/t/analyze-this/62203/16 "2009-02-01T20:34:47Z")
> [@Fry](#):
>
> Sad isn’t it? Sort of a “so close yet so far away” type of thing…
it really is. this is the reason that i have been a memeber since july 2005 and check nyspeed everyday but still only have 300 or so posts:meh: