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The various bailout programs used to fight the financial crisis may end up earning a profit for...

The various bailout programs used to fight the financial crisis may end up earning a profit for taxpayers, Treasury officials predict. Although losses from TARP are forecast at $60B and those from the rescue of Fannie and Freddie at $28B by 2022, earnings from Fed programs are projected to reach $179B through FY 2015.
Comments (12)
  • And Iraq cost us....over 800 billion dollars...
    15 Apr 2012, 03:48 AM Reply Like
  • And the O man is throwing way and positives from that costly venture for political reasons. Exactly what is his foreign policy?
    15 Apr 2012, 06:45 AM Reply Like
  • Plenty of political blame on both sides for that costly venture,,,throw
    the hubris of the American people in there too....
    15 Apr 2012, 07:57 AM Reply Like
  • Yeah. And don't forget the 790 billion thrown away on O's stimulus program in 2009. You know, "never let a good crisis go to waste". And the upcoming multi trillion debacle of O'Care that is going to trash our healthcare system. Or perhaps Solyndra and friends. Or the Chevy Volt.

     

    The point here is all these creeps have their own agendas that they finance with the unwilling particpation of the taxpayer. Bring back the Draft and Iraq and Afganistan never would have happened.
    15 Apr 2012, 10:20 AM Reply Like
  • Deficit in billions
    year/deficit/president...
    2011/1228/D/D/R
    2010/1651/D/D/D
    2009/1885/D/D/D
    2008/1017/R/D/D
    2007/500/R/R/R
    2006/574/R/R/R
    2005/553/R/R/R
    2004/595/R/R/R
    2003/554/R/D/R
    2002/420/R/D/R
    2001/133/R/D/R

     

    What party had the majority during the largest 2 deficit spending years? Doesnt matter. Its all Bush's fault right?
    15 Apr 2012, 06:32 PM Reply Like
  • you know what would be better at "earning a profit" for everyone? sheila bair's idea that everyone use the Fed carry trade to make a risk-free $200K a year. what could go wrong? i mean, an iPad2 had more computing power than the iPad so groceries and fuel have stable pricing, right?
    15 Apr 2012, 03:54 AM Reply Like
  • When will they deposit the earnings in my account?
    15 Apr 2012, 04:18 AM Reply Like
  • So the Fed buys the bottom of the market and that is all the money it can make?!! That is pathetic.
    15 Apr 2012, 06:48 AM Reply Like
  • The story needs to be turned around. From whom are they making all this money? The bankers? I doubt it. Most likely, some sorry homeowner who's upside down or broke.

     

    And, now that there's been a profit made, how long will it take for the politicians to grab it and spend it on more governmental "profit making" opportunities? Like what they're doing now with the unspent TARP allocations from 2008?
    15 Apr 2012, 10:19 AM Reply Like
  • The Fed is suppose to make money and turn over most of it to the US government. Where the rest goes to disappears to the secret shareholders who owns the Fed. It is a private company after all.
    15 Apr 2012, 11:48 AM Reply Like
  • Thats based on Fannie and Freddie going from costing the US taxpayer an extra few billion dollars every quarter, to being profitable enough to pay back $100 billion dollars in debt over the next 10 years?

     

    The link to the actual treasury slideshow is below. Nice charts, but I still dont see how Fannie and Freddie begin generating tens of billions of dollars a year in profits.

     

    http://1.usa.gov/HXrhXP
    15 Apr 2012, 04:25 PM Reply Like
  • I love government math!
    15 Apr 2012, 08:48 PM Reply Like
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