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== $29 trillion estimate a cost? ==

The opening section says "Estimates for the total cost of the bailout to the government are as much as $29 trillion." I read the abstract of the paper, and it sounds like $29 trillion was the bailout commitment. But does a commitment to extend loans mean a loss? I don't think so, but I didn't want to delete this sentence unilaterally. Any thoughts?

Revision as of 04:40, 10 December 2019

Tautological sentence

The second sentence on the introduction is tautological. "The bailed-out banks are mostly U.S. or foreign banks (...)" Author of the article, please correct.

What agency?

The open letter from economists include the mention of an agency: Neither the mission of the new agency nor its oversight are clear. Is this an agency which the Paulson plan proposes to establish? __meco (talk)

Tenses in descriptions

It seems like this article was written in Fall/Winter 2008/2009 and it is rife with statements such as "recently" and "A key part of the proposal is". Shouldn't that be "was"? Also "The maximum cost of a $700 billion bailout would be".... seems to imply that the bailout has yet to happen. Shouldn't that also be "was"? Anywhere I can look for tips on how to clean this mess up? audiodude (talk) 07:41, 26 May 2010 (UTC)[reply]

You can go to Help:Editing. BeenAroundAWhile (talk) 02:36, 9 September 2017 (UTC)[reply]

Video deleted

Was this deletion a good idea? I don't have time to watch it right now, and I'm not sure how good the Khan Academy is with statistics. Dualus (talk) 23:59, 18 October 2011 (UTC)[reply]

Summarizing views in the lead

How can we get a more accurate summary than this one? 71.212.226.91 (talk) 21:21, 26 June 2012 (UTC)[reply]

How in particular are these views not representative of all of the views expressed on the bill? 75.166.192.187 (talk) 20:08, 28 June 2012 (UTC)[reply]
Arguments of proponents and opponents are already summarized in the paragraph prior to the one removed. Your opinion that three specific opinions of individuals, all in opposition to the act, represent all the views on the bill does not justify giving those particular individual views prominence by highlighting them in the lead. Fat&Happy (talk) 20:45, 28 June 2012 (UTC)[reply]
I think it's justified by WP:NPOV in this case. This bill was reviled. Can you find any opinions of people saying good things about it to balance those quotes? 75.166.192.187 (talk) 04:24, 5 July 2012 (UTC)[reply]

Deleted bad math

In the section "Interest on bank deposits held by the Federal Reserve," there's a sentence that says,

"The Congressional Budget Office estimated that payment of interest on reserve balances would cost the American taxpayers about one tenth of the present 0.25% interest rate on $800 billion in deposits."

This is followed by a table that shows estimated budgetary losses/expenditures. Then there's this, which I found problematic,

"0.25% simple interest on $800 billion is $2 billion, not $202 million as shown for 2009."

The previous sentence had said the CBO estimated that taxpayers would lose 10% of 0.25%, not the entire 0.25%. How is 0.25% of $800 billion relevant? 10% of 0.25% of %800 billion is in fact $202 million. I have deleted the sentence, "0.25% simple interest on $800 billion is $2 billion, not $202 million as shown for 2009."

Envelopment (talk) 15:10, 23 June 2013 (UTC)[reply]

Lihaas

[=http://www.bloomberg.com/news/2014-03-04/bernanke-says-u-s-economy-seeing-progress.html >>> Bernanke Harbors Regret on Main Street’s View of Bailout ](Lihaas (talk) 16:11, 4 March 2014 (UTC)).[reply]

Perhaps time to call it a "good article"?

What do u say? --Mats33 (talk) 21:43, 18 October 2014 (UTC)[reply]

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$29 trillion estimate a cost?

The opening section says "Estimates for the total cost of the bailout to the government are as much as $29 trillion." I read the abstract of the paper, and it sounds like $29 trillion was the bailout commitment. But does a commitment to extend loans mean a loss? I don't think so, but I didn't want to delete this sentence unilaterally. Any thoughts?

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