Spike,

I’ve been looking thru the Tarp funds bailout and noticed that Two Rivers Financial Group got 12million dollars in Tarp funds. Well this wasn’t going to help anyone.

What they did with the money was Purchase-Preferred Stock w/Exercised Warrants. I don’t see where they were in financial trouble and this was just for personal gain.

They were just using the taxpayers’ money to make a profit in the stock market. They have rec'd two dividends in the amount of $301,566.00.

I wonder if our city officials have any money in the financial group? It looks like something they would do. It’s too bad the taxpayers can't get money like this for there's not much of a downside to investing it.

In closing they have not paid any of this money back to date.

Disgusted as hell

Yeah, but look at all the small business loans they've made trying to do their part to reverse the economic downturn and help local businesses. And how they lowered the fees they charge to their customers.

They're the pinnacle of community greed. There is no difference between Two Rivers Financial Group and any Wall Street Bank other than their balance sheet; it's smaller. But still greedy.

Opportunists. They had the opportunity to make money off the taxpayers and they took it.

There are a lot of banks in Burlington. Pick one that didn't drop snout down the taxpayer trough.

Spike

"The quarterly report said that because of TARP, "there are clear signs that aspects of the financial system are far more stable than they were at the height of the crisis in the fall of 2008."

But the report also stated that "many of TARP's stated goals... have simply not been met" and that the potential for a new crisis looms without major reforms.

"Even if TARP saved our financial system from driving off a cliff back in 2008, absent meaningful reform, we are still driving on the same winding mountain road, but this time in a faster car," the report said."

Imagine that.

Spike

"Barack Obama is using our public school system to recruit for his Alinsky-inspired private army. Organizing for America (OFA), formerly Obama For America, is recruiting in our high schools to “build on the movement that elected President Obama by empowering students across the country to help us bring about our agenda” – that is, his agenda of socialism for the United States of America.



Chuck, a reader of my website AtlasShrugs.com, has a daughter in the eleventh grade in a public high school, Perry Local in Massillon, Ohio. The teacher in her government class passed out a propaganda recruiting paper – headed with Obama’s distinctive “O” logo — asking students to sign up as interns for Organizing for America.

You can see the entire intern recruiting form at AtlasShrugs.com."