Bankers paid back all of the money from TARP with interest. It netted the US treasury a profit to spend on Pell Grants, food safety, and whatever other benevolent things you think government does.
The portion of TARP that did loose money was that which was invested in GM and Chrysler. Many billions lost - but that was solely to bail out the unions, not the companies. If they had gone into bankruptcy, they would have shed their union obligations and continued making cars.
It was comrade Obama's venture socialism in 'green jobs' that cost taxpayers.
Stop pretending you speak for the 99%. Get a job, anonymous coward freak.
Your post reminded me of this.
We are clearly going to get a big bunch of amateur economists commenting on this one.
I see you are getting this trend started. I would add that there still would be secure government debt to purchase for a long time - though not as much of it. States, municipalities, school boards, etc. are always participating in the bond market for special projects. There are also foreign government's that run deficits but whose debt is more secure than the US's (Thailand, etc.)
Math is like love -- a simple idea but it can get complicated. -- R. Drabek