is this really what the Democrats are going to come with? How about trying to fix the source of the problem and not try to apply Band-aids in the rain.

There's a line about Bush's failed policies, but that's about it.

Since when has Bush done anything to the benefit of the American people? The fact that it's THIS president pushing the bill is enough for me to be against it.

"... Sen. Barack Obama expressed confidence Monday that lawmakers would come through with a financial rescue package, while John McCain's campaign accused Obama and Democrats of putting "politics ahead of country." "

Just to point out by the way, the stock market drop does not indicate that the plan was good, and its failing to pass bad. All it indicates is that people who were hoping to get bailed out, didn't. It says nothing about the merits of the plan itself.

“We don’t believe they had the votes and I think they are covering up the embarrassment of not having the votes. But think about this: somebody hurt my feelings so I will punish the country. I mean that’s hardly plausible. And there were twelve Republicans who were ready to stand up for the economic interest of America but not if anybody insulted them. I’ll make an offer: Give me those twelve people’s names and I will go talk uncharacteristically nicely to them and tell them what wonderful people they are, and maybe they’ll now think about the country.”

Decoded

“We don’t believe they had the votes and I think they are covering up the embarrassment of not having the votes. But think about this: somebody hurt my feelings so I will punish the corporations. I mean that’s hardly plausible. And there were twelve Republicans who were ready to stand up for the economic interest of Corporate America but not if anybody insulted them. I’ll make an offer: Give me those twelve people’s names and I will go talk uncharacteristically nicely to them and tell them what wonderful people they are, and maybe they’ll now think about the bank accounts of the largest companies in the country.”

Both parties are just tools of the corporate oligarchy and need to be removed posthaste.

Good News: Neoconservatism is dead: failed theory, wars, failed economics, failed party
Bad News: We're all going down with it

When the market went to 14k I bailed. I have cash and am looking for bargains. Any suggestions?

What is the most encouraging thing that has happened in D.C. in the last 4 plus years?
Congresspersons "defeated" the Bail Out, that's what. Seems that FINALLY our representatives in D.C. are listening to "We the People" since majority of us are
not in favor of this bush/paulson plan...NO need for IMMEDIATE action, so as I said,
it is indeed encouraging to learn that some of our elected officals in D.C. are in fact
listening to their voting constitutents...and acting thus far accordingly.

mr.ed @ 16:

When the market went to 14k I bailed. I have cash and am looking for bargains. Any suggestions?

I'll sell you my comments on C&L. $10 a pop. This one's free.

nweppins @ 19:

While Pelosi's comments weren't overly partisan, she did not offer the Republicans even the slightest words of credit, other than to mention hard work with her Republican colleagues. I don't agree that her comments are a justified excuse for voting against the bill, but she certainly did her part to passive-aggressively alienate the Republicans from the solution.

It wasn't necessary, and she should have offered more conciliatory praise to those Republicans who were willing to work in the bipartisan spirit. Sometimes too much politics enters into the people's business, especially in this case. It's a shame.

Good point.

What's wrong with passive-aggressively alienating those that stood by for 8 years and let much of this happen?

We have a choice. We can snatch the band-aid off at once, or we can slowly pull the band-aid off.

If we snatch the band-aid off, then the market will correct, a lot of Wall Street people lose their asses, and we'll have about a year of of recession. And then it'll be over.

If we slowly pull off the band-aid, where the Fed tries to maintain OVERVALUED STOCK at the present-day price levels, then the people at the lower end of the economic spectrum will have to pay for it.

What are we bitching about?

I have NO PROBLEM letting the Wall Street welfare queens get their comeuppance. How about you?

I've changed jobs about fifteen times in the past twenty years... I'm having a hard time shedding tears for these people, because they may have to find another line of work.

the economy is fine. NASDAQ has fail safes. none of them have been triggered. What's all the hubbub about?

I wish I lived in MA so I could vote for him.

I always look forward to a Barney Frank Response.

What a bunch of whiners.They just shot themselves in the other foot. It would be funny if it wasn't so tragic.

Go Viral: STOP THE BAILOUT OR.... DEPRESSION?
http://www.youtube.com/watch...

Economist Michael Hudson: The bailout is
a giveaway that will cause hyperinflation and dollar collapse.
http://therealnews.com/t/index.php...

President Bush’s doom and gloom speech about the
economy last night reminded Jon Stewart of another
speech Bush gave five years ago. Same script, different crisis.
http://movies.crooksandliars.com/TDS-Bush-Red...

I believe it's our government and we have a right
to transparency.

That's why I sign the Pa Clean Sweep Promise
to Restore the Elector Right to Decide Pay Raises.

Empower yourself in November!

Write In:
Drake Minder
131 General Assembly
http://drakeminder.blogspot.com

Know snake oil when you see it!
http://www.youtube.com/watch...
Peter Schiff - Kudlow & Company 7/2/2007
Peter Schiff speaks to two children who make points that sound good to a greedy "me, me" financial neophyte.

Make no mistake this is a war upon the middle class
and poor of this country.

RobertD @ 23:

mr.ed @ 16:

When the market went to 14k I bailed. I have cash and am looking for bargains. Any suggestions?

I hear Alaska's for sale.

I think you misheard. I think it was the governer of Alaska that was for sale.

There was no rush when people were being bodily dragged from their homes, foreclosed.

No rush when people were dying in emergency rooms.

No rush when people were drowning in New Orleans.

No rush to get out of the senseless killing zone called IRAQ.

A few Wall Street bankers stub their toes, the phones ring at 1600 Pennsylvania, and now there's a big rush.

BOTH parties could care less for us, the current maladministration especially. Only when the richest interests are threatened is emergency action taken - all with our fortunes.

I do hope the current maladministration and their enablers get the message: take your bailout and shove it. But I doubt it.

Liberal AND Proud @ 33:

The gay guy has the only real onions to play this game the way it should be played.

Good for him!

The "Republicans don't care about the country" tact is a good one.

Don Webber @ 35:

RobertD @ 23:

mr.ed @ 16:

When the market went to 14k I bailed. I have cash and am looking for bargains. Any suggestions?

I hear Alaska's for sale.

I think you misheard. I think it was the governer of Alaska that was for sale.

I thought that if you bought her, you were also getting the state as part of the package.

Troll alert! Troll Alert!

Time for TROLL BEGONE!

PSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSST

Here is what happens next.

McCain rides into town on Thursday. Saves the day. DOW goes up 900 points. Buffers Palin's debate on Thursday night.

Big set up.

Just what part of "no" doesn't Barney Frank understand? Call his office at (202) 225-5931) and tell him NO TO THE BAILOUT!

I just read through Pelosi's speech and I think I've pinpointed exactly what's caused the repigs panties to get all bunched up. Nowhere in the transcript can you find the words blame and Clinton. No wonder they're weeping.

barney needs to replace soporific harry reid as the next majority leader.

My first reaction to Pelosi's speech - CYA: Cover Your Ass. That speech was suppose to be her excuse for voting for this bill. Yeah, there is some reaction on Wall Street, but it may very well correct itself over the next couple days. And, yeah, the Repugs are using that speech as their excuse. If they were in the majority, they would never have gotten the votes either as it stands. I heard a Democratic GA house member say today that he was willing to lose his seat over this bill. That is exactly what the Repugs want. Back to the drawing board, everybody. A Bush plan that gets 2/3 Dems and 1/3 Repugs is a rotten plan. Where are the creative minds???

Republicans went from 'rubber stamp' to 'rubber strait-jackets in a rubber room' in the space of a few months.

Did you see Rahm Emmanuel in the background just behind Frank trying desperately not to break out laughing? He has to hold his fingers to his mouth to cover up his smile.

WR @ 56:

Maybe we will all need to know how to kill and gut a moose to eat.

I plan on eating yellow elephants. I hear they're nice and tender.

the problem isn't entirely the bailout. it's moreso the financial structure of this country where financial and lending institutions control EVERYTHING! They determine whether 95% of us can own a home, buy a car, start/expand a business, and go to college. And now, they are essentially threatening to crash the market if we don't pony up a trillion dollars to save their sorrry asses from losing money on shady practices that they KNEW AHEAD OF TIME they would probably lose money on. People, THIS WAS ALL PLANNED YEARS AGO! why else do you think all of this "crisis" is happening right at the end of the Bush years and "has" to get done immediately (i.e. before the election)? when it's all said and done, Bush will have given around two trillion dollars of our money and our children's money to his friends in energy, defense, and the financial industry. this is exactly what they did after 9/11 when we "had" to pass the patriot act and fisa and authorize war with iraq "or else" we'd be attacked again, next time with nukes! give me an effing break...

So, President Bush expected his minions to blindly follow. After all ,he sent Darth Chaney to do his bidding, and Repugs practically threw him out. What now? Really?

Yellow Elephant Safari @ 59:

WR @ 56:

Maybe we will all need to know how to kill and gut a moose to eat.

I plan on eating yellow elephants. I hear they're nice and tender.

Too much fat and cholesterol and it will lower your IQ by fifty points...

Hilarious! What a bunch of schmucks the Repubs are for this nonsense.

Seriously: in lieu of this bill, what should be done to attack this crisis?

If people hate this bill so much, what should be put in its place?

I ask this because I believe that there should be concrete solutions to this crisis.

If i play money on WS. And i lose it. No body gives me my money back.

However, Give big bussiness Tax Cuts $$$$$ subsidies $$$$$$ other Tax loopholes$$$$$

they take money lose it and now i have to give them more so they don't have to lose their Fking parachutes. This is because George never got his Social security plan to give to WS so they are just gonna scare it out of you.

The Republicans are being idiots and the Democrats are *acting* like grown-ups. Great, I got it. That doesn't change the fact that many Republicans, however accidentally, are on the right side of this issue and Barney Frank, however much I love him otherwise, is on the wrong side.

I'm willing to entertain the notion that some form of government intervention may be necessary, but this plan was garbage. Maybe now Congress can invite some actual economists to help work out an intelligent proposal instead of tinkering around the edges of a plan designed by (and for) Wall St. CEOs.

OT .. but !!

GREAT NEWS !!!

State, federal courts uphold early voting in Ohio

COLUMBUS, Ohio—In a defeat for Republican challenges, state and federal courts have cleared the way for a weeklong period in which new voters can register and cast an absentee ballot on the same day in Ohio.
The early voting begins Tuesday and runs through Oct. 6.

The Ohio Supreme Court and a federal judge in Cleveland on Monday upheld the weeklong voting period. Later in the day, U.S. District Court Judge George Smith in Columbus declined to rule, deferring to the state Supreme Court decision.

But Smith ruled that counties must allow party poll observers during early voting.

The decisions were a victory for Secretary of State Jennifer Brunner, a Democrat. Republicans had accused her of interpreting state law to benefit her own party.

Lewis Teague @ 73:

On Sept 19th we were litteraly days away from a complete colapse?!?!?! Ten days agao?!?!?!

On Sept 17th rate of return on money market funds went negative.

If that was allowed to continue there would have been a run on money markets.

Can you say "NoseDive" ?

McOld is here to save the day. lol.

Oooooohhhhhh, I can't wait for the heads to start rolling after January 20th.

Please, the Repubs were looking for *any* reason to vote against it...it it hadn't been Pelosi's speech, it would have been the color of her blouse...

Regardless I'm glad it failed, just annoyed at the typical whining Bonerites...

"We've got to put partisanship aside." Yet they voted to kill the bill anyway. Yaaah!

This bill should have been DoA. To bad it took Republicans to kill it. Congress should put this off until Obama takes office. The shakeout that happens between now and then will be a good thing.

Dems should stand their ground on helping people with bad mortgages by demanding legislation that will help them instead of the people who ripped them off. But they won't.

Progressive Libertarian @ 74:

The Republicans are being idiots and the Democrats are *acting* like grown-ups. Great, I got it. That doesn't change the fact that many Republicans, however accidentally, are on the right side of this issue and Barney Frank, however much I love him otherwise, is on the wrong side.

I'm willing to entertain the notion that some form of government intervention may be necessary, but this plan was garbage. Maybe now Congress can invite some actual economists to help work out an intelligent proposal instead of tinkering around the edges of a plan designed by (and for) Wall St. CEOs.

I agree 100%.

The "Shock Doctrine" was effectively applied to Congress, huddled in a room, terrified into "you must pass this NOW!"

But every commentary I've read (lots of them) says there does have to be action, but unless the fundamentals (unregulated "credit-default-swaps") are changed any action is futile.

The best example of "what to do" is to follow Sweden's solution to their 1992 financial crisis - extract pounds of flesh from bank shareholders and negotiate a deal by which the government takes control of the banks for the benefit of the people.

Any action short of that is wasted money & effort.

organmeat @ 79:

Surging Blue Lensman @ 41:

mr.ed @ 16:

When the market went to 14k I bailed. I have cash and am looking for bargains. Any suggestions?

booze & ammo

You forgot porn

Rice and beans and a mountain spring all your own.

EJG @ 87:

I, for one, am thrilled that it did not pass. We are on the verge of being robbed blind. Let the banks figure their way out of this mess. Hell, if it is mortgages as they claim, help out MAIN STREET with mortgage payments and/or refinancing to get the ball rolling again. ..

Completely nationalize the mortgage industry.

The banks can't be trusted with it.

Can someone link the list of Yays and Nays? I can't get to house.gov from here.

The Very Bitter Ceci Hussein @ 70:

Seriously: in lieu of this bill, what should be done to attack this crisis?

If people hate this bill so much, what should be put in its place?

I ask this because I believe that there should be concrete solutions to this crisis.

NY Times: Stopping a Financial Crisis, the Swedish Way

A banking system in crisis after the collapse of a housing bubble. An economy hemorrhaging jobs. A market-oriented government struggling to stem the panic. Sound familiar?

It does to Sweden. The country was so far in the hole in 1992 — after years of imprudent regulation, short-sighted economic policy and the end of its property boom — that its banking system was, for all practical purposes, insolvent.

But Sweden took a different course than the one now being proposed by the United States Treasury. And Swedish officials say there are lessons from their own nightmare that Washington may be missing.

Sweden did not just bail out its financial institutions by having the government take over the bad debts. It extracted pounds of flesh from bank shareholders before writing checks. Banks had to write down losses and issue warrants to the government.

That strategy held banks responsible and turned the government into an owner. When distressed assets were sold, the profits flowed to taxpayers, and the government was able to recoup more money later by selling its shares in the companies as well.

“If I go into a bank,” said Bo Lundgren, who was Sweden’s deputy minister of finance at the time, “I’d rather get equity so that there is some upside for the taxpayer.”

Sweden spent 4 percent of its gross domestic product, or 65 billion kronor, the equivalent of $11.7 billion at the time, or $18.3 billion in today’s dollars, to rescue ailing banks. That is slightly less, proportionate to the national economy, than the $700 billion, or roughly 5 percent of gross domestic product, that the Bush administration estimates its own move will cost in the United States.

But the final cost to Sweden ended up being less than 2 percent of its G.D.P. Some officials say they believe it was closer to zero, depending on how certain rates of return are calculated.
...

The GOP would like to see the FDIC go too. They think it's socialism.

Thom Hartmann:
How Wall Street Can Bail Itself Out Without Destroying The Dollar

Comrade Rou @ 85:

The Very Bitter Ceci Hussein @ 70:

Seriously: in lieu of this bill, what should be done to attack this crisis?

If people hate this bill so much, what should be put in its place?

I ask this because I believe that there should be concrete solutions to this crisis.

There are plenty of good solutions. here's just one
http://www.zmag.org/znet/viewArticle/18927

The last thing you want to do is give these Bush, Bernanke, Paulson crooks any money.

[*gives thumb up*]

These ideas are the type of answers I've been trying to seek all day. I understand the anger against Pelosi. Hell, I'm mad at Pelosi too for a lot of things. But something has to be done. That is the most relevant thing in this entire event.

I like idea that the bill should be puntative. And from that standpoint, the bill is a struggle between Main St. and Wall St.

And yes, I agree that Bush Co. and his cronies should not be paid off. They should be taken to jail for all the crap they've put this country and its citizens through. As far as I'm concerned, I don't consider these people citizens anymore; instead, they ought to be regarded as traitors to America and all she stand for.

I know that most people feel this is bad. I agree that bailing out these companies makes me feel ill. However, what are our options? Warren Buffet - know for being both very market savvy and a 'lefty' - has said that something needs to be done now. Other respected economists feel that it is not quite in the 'emergency' phase yet. Who is to be believed? If we can get through this without bailing them out, then I am all for it. If we MUST have some help to prevent the economic collapse of the country (perhaps the world), then what is wrong with this plan at this time? I have heard very little discussion that isn't laced with emotion (mostly anger). Can some cooler heads help me understand the reality of this? Someone with some actual economic expertise perhaps?

Leadership @ 21:

LISTEN UP!!!

This bailout is BAD!!!! It is obscene to think that we should bail out the fatcats.

HOW MUCH IS ENOUGH???
1. Real wages flat for over 20 years
2. Health and energy cost skyrocket
3. Outsourcing
4. Downsizing
5. Productivity at an all time high

And now that the slaves are working at top speed, let's make them pay their slavemasters for the pleasure!

If you favor the bail out...FUCK YOU!!!

Now what about those Yankees....

AMEN! (and I am a Southern Buddhist with Daoist dogma, NOT Southern Baptist!)

Most Democrats in both the Senate and House are all corporate fatcats/whores who have done NOTHING but bend over for the NeoCon BushCo Crime Syndicate. Pelosi AND Reed both should have been recalled by their respective constituents. That is to say, the constituents that they have long ago abandoned in favor of their corporate paymasters.
I hardly need to recall ALL of the Democratic Party votes in Congress over the past 7-1/2 years that have given the Bush administration pretty much everything that they have asked for.

I USED to be an Independent, before Senator Joe Liberman laid claim to that label. I utterly and completely reject that label now, in favor of the more definitive and accurate label of a Huey Long POPULIST.

The Senate bill was for $700 BILLION outright, while it should have been for maybe $125 BILLION, in traunches as Senator Dodd's version would have done.

Bush and Paulson wanted a $700 BILLION revolving credit WITHOUT any oversight from either the Judicial or Legislative branches. This is nothing less than totally relinquishing any /all Legislative branch powers. (oh, wait! The Democrats have ALREADY DONE THAT.)

Apparently, the Democrats are really NeoCon "lites" in sheeps' clothing. (Sort of figured, since Bill Clinton was the BEST moderate corporate socialist Republican President that money could buy.)

I don't want MY tax dollars (or that of my children and grandchildren) going to Wall Street investment bankers^H^H^H^H^H^H^Hcon artists OR the politicians THEY have bought.
I say "FUCK THEM ALL!" This country is badly in need of "something" similar to what is celebrated offshore on November 5th, OR on July 14th.

The Last Word @ 95:

I don't think a lot of posters here understand exactly what's going on.

I, too, am upset by the financial policies that led to this mess and the lack of oversight by those charged with regulatory oversight. I am particularly appalled that some in the media are now attempting to blame consumers, who generally sign whatever it is you put in front of them regardless of the terms, a fact well-known to brokers, bankers, and regulators. But the problem with the rejection of the bill proposed by Congress is pronounced. According to all concerned, banks are no longer interested in lending money to each other because of the risk that borrowing institutions will fail, thus compromising the credit markets. Given that our entire way of life depends on credit, the fear is that banks' unwillingness to lend money to each other will result in consumers being unable to access credit. Need a house? Don't have cash on hand? No deal, unless you agree to a 12% interest rate. Need a car? Can't pay for it up front? Not going to happen, unless you're willing to finance it at 15%.

Again, I'm not happy about the circumstances that led us here and we should punish the guilty. But we should save the patient first. And then to pay for this mess we should insist on: (i) a tax package that imposes a surcharge on the truly wealthy; (ii) withdraw from Iraq, and redirect the $10 billion per month we're dumping down that drain to remedying our own problems; and (iii) press our elected officials to pass a bill eliminating subsidies to domestic oil producers, and require those producers to make compensation for those monies rightfully owed as royalties to the federal government for 1998-1999 under preexisting leases, which were altered by officials at Interior.

Picking up on your medical analogy - faced with heavy casualties, triage might demand letting one patient die in order to save another. To it another way, maybe it's time that "our entire way of life" stopped depending on credit.

> Seriously: in lieu of this bill, what should be done to attack this crisis?

> If people hate this bill so much, what should be put in its place?

Perhaps I'm naive, but maybe we should spend the same amount of money helping the people who can't pay their bills, and let the Big Boys benefit from the "trickle up" economy.

There's room for opinion on whether we should bail anyone out at all, but there's certainly no reason to bail out the richest people in the country.

This is just more Disaster Capitalism. Ordinary folk will still lose their homes, and the rich will be richer when it's all over.

James @ 111:

Why are we concerned about this?

What you might not know: The Federal Reserve pumped over 600 BILLION DOLLARS worth of credit into the economy today... WITHOUT any government oversight!

They just invented that money out of thin air. They literally printed 600 billion dollars more of MONOPOLY MONEY, and you're worried about the Congress not getting an appropriation to do the same?

For all you people out there who thinks that the economy needs regulating: Why don't we regulate the Federal Reserve?

Is it possible that we have a bunch of "Laissez-faire" Democrats, when it comes to cracking down on the bankers?

Wild Weasel @ 46:

Barney, I like you man, but George Bush and his cronies have already won.

- There's NO money for the next administration to promote a better health care system

- And there's NO money to build the prisons needed to incarcerate the crooks who have perpetrated this fraud on America.

We the people actually have shitloads of prisons!
America has the highest per capita incarceration rate in the world...and we got the jail space to prove it!
we may have to set a few potsmokers an public drunks free but,
Once "we the people" gain control of our govt again we will be able to find room for the chimpster&co in there somewhere (quite a few crooks though)

P.S.

...just in case we do have accomodation problems I will personally volunteer to keep the chimpster in my basement, for free, with only 2 conditions ...as long as he has had his shots and been dewormed ...and I can force him to eat a tube of fluoridated tooth paste once every day with his lunch.

Surging Blue Lensman @ 49:

This whole "crisis" is a stroke of genius actually. Sure, the uber-wealthy might get hurt a little but that's a small price to pay for completely wiping out the middle class.

Looks like I may have to find, rent and watch "Rollerball". Welcome to the your future people!

MSM is not talking about how bad Palin does answering questions.

James @ 112:

Is it possible that we have a bunch of "Laissez-faire" Democrats, when it comes to cracking down on the bankers?

It is possible the they are worse than that!

Cash is king. Save all your cash as much as possible; get a strongbox. forget even gold and silver. your bank statement will be meaningless. make minimum payment on your unsecured credit cards.

Progressive Libertarian @ 74:

The Republicans are being idiots and the Democrats are *acting* like grown-ups. Great, I got it. That doesn't change the fact that many Republicans, however accidentally, are on the right side of this issue and Barney Frank, however much I love him otherwise, is on the wrong side.

I'm willing to entertain the notion that some form of government intervention may be necessary, but this plan was garbage. Maybe now Congress can invite some actual economists to help work out an intelligent proposal instead of tinkering around the edges of a plan designed by (and for) Wall St. CEOs.

Barney Frank is (and has ALWAYS BEEN) on the wrong side of this issue. (I mean, I do admire loyalty to an ex-SO, but not when it is confused with loyalty to Constitution and Country.)

There should be NO BAILOUT of Wall Street, PERIOD. The money would go to their "golden parachutes" and "bought politicians". I have a better idea: Bring the illegal and immoral Iraq occupation to a rapid close; end extreme rendition and illegal torture; end the illegal run-up to a new war in Iran; end the "endless and pointless" war on terrorism and instead wage a moral and legal battle against specific acts of terror, like WTC v1.0; end the illegal and all-pervasive domestic surveillence programs & the domestic MSM propaganda campaign being waged against American citizens; and eliminate the 7-1/2 years of unjustified tax breaks and giveaways the Bush regime has given to the top 2% -- we have now seen just how badly "trickle-down economics" works (IT DOESN'T!).

Any economic stimulus package should go DIRECTLY to the Middle Class and Poor who can use it best. $750 Billion divided by 175 Million Americans, male and female, who are 21 or older works out about to $50,000 each. If you think of mortgages brought out of arrears, credit card debt paid off, student loans paid for, micro-businesses seeded: the stimulus to the economy would be comparable to what the GI Bill did for the USA economy after WW II.

So the Congress is going to shut down for a Jewish holiday, Rosh Hashana, while this monumental, neo-con/neo-liberal sodomizing of the citizenry is taking place? A reilgious holiday?? In a country that at least "mouths" the separation of church and of state? The lunatic factor has apparently no threshold in the beltway. God Bless!!

[Deleted. Off topic. Geoff, you can voice your dissent from the popular opinion here, but not on this thread. You can post it on the Malkin thread from earlier in the day OR on the Open Thread- posting the identical comment on more than one thread is considered spamming. thank you. Site Monitor]

This plan should have been about JOB CREATION, first and foremost. Let shit trickle up for a change.

Pelosi made a speech last night and mentioned that it all came down to jobs... so Congress neds to get crack-a-lackin' on a 21st century WPA and/or CCC type model and this thing will fly, IMHO.

nweppins @ 19:

While Pelosi's comments weren't overly partisan, she did not offer the Republicans even the slightest words of credit, other than to mention hard work with her Republican colleagues. I don't agree that her comments are a justified excuse for voting against the bill, but she certainly did her part to passive-aggressively alienate the Republicans from the solution.

It wasn't necessary, and she should have offered more conciliatory praise to those Republicans who were willing to work in the bipartisan spirit. Sometimes too much politics enters into the people's business, especially in this case. It's a shame.

yes.....and maybe she should bend over and ask the repug reps to anally rape her too...or havent you been listening to the pundits blaming the entire mess on the dems, specifically frank and dodd

fuck em...they are all liars and crooks and should be rotting in prison

its time for a real revolution, and if it takes total economic chaos, so be it

time to bring back the guillotine

kablooie @ 127:

This plan should have been about JOB CREATION, first and foremost. Let shit trickle up for a change.

Pelosi made a speech last night and mentioned that it all came down to jobs... so Congress neds to get crack-a-lackin' on a 21st century WPA and/or CCC type model and this thing will fly, IMHO.

Forced labor camps if we are lucky...

David @ 109:

Barney Frank, who is totally complicit in this robbery of America, is once again trying to use trauma to make people docile, as did Bush with 911 for things like the Patriot Act and the invasion of Afghanistan (where troops were already in place on 911, how convenient). This economic 911 where the terrorists are global banking interests and their bought and paid for political whores failed because the American people know this is thievery of the highest order, a coup de tat and complete enslavement of the entire American public to prop up con men, criminals and elitists who believe they are the real owners of this planet. The PTB have overplayed their hand, been called on it, and now may be manipulating the markets downward to try to apply even greater pressure on a stressed and strained public. But in calls to Congress, barely a handful support the plan while tens of thousands of calls come in angrily opposed to the bailout rescue. (Americans are all about rescuing things, right? Like Iraq?)

The problem for the PTB is that you can only brainwash a sheeple until you start to hurt them. Once you start to hurt them, they wake up. Once they wake up, if enough wake up, you got a real problem on your hands. Could that be the reason for the rollout of the police state and the reason why Pelosi won't impeach Bush? ('Cause she'd go to jail too? Or fry?)

Could be why Pelosi may have declared Martial Law? Or why troops will be in the street in October.

Congress finally carried out the public's will, or 200 plus did, because they know the public is onto them, both Democrats and Republicans. This whole game is a casino for some and a prison for the rest of us, and people have had enough. Both the "major" parties are members of the War Party, too, so watch for a real big October surprize, like a war. That got us out of the last depression.

And anybody who thinks Obama, who is in the back pocket of men like Soros, Rockafeller and Brezinski -- elitists all -- is real change is an idiot! He's in favour of this fraud!! Obama is the left cover for the advancing facist state, basically Bush with new packaging. And McCain is a walking corpse. You telling me this is the best of the best?

Wake up and start to understand how your country really operates, how it is basically financed by fraud, before the country you love so much consumes you. They need us more than we need them, which is another reason the bailout crashed. As soon as we understand that, we can be free of these parasites like Mr Frank who feed off the abundance of this nation. As soon as we understand that, we can begin to see the avenues where opportunities lie to rebuild this country. Until we do, nothing is possible.

Nailed it. Thanks.

Barney needs to STFU and fight to keep ANY taxpayer from having to shell out a single cent on this bullshit bill. It just astonishes me that there is ANYONE who supports a bailout of any type for corporate welfare. It is tantamount to putting a knife to our throats and saying "Stick 'em up". Get a clue Barney and the rest of you slugs.

keep backing those big boston bank boys barney.
we are through the looking glass.

RobertC @ 14:

Good News: Neoconservatism is dead: failed theory, wars, failed economics, failed party
Bad News: We're all going down with it

except the neocons, they tend to be dual hold citizenship, so they all will run away to Israel if it gets bad here.

This is bullshit, the failure of the bailout bill was bi-partisan, a lot of dems voted against it as well. Thankfully.

The bailout is pure bi-partisan swindle.
The Dems are in a game they cannot win.
Punt on the bailout, market tanks, they get the blame.
Pass the bailout, loaded with concessions they "forced" on the Repugs, and it's "socialism" and "government interference."

Bush played the Dems perfectly.
Again.

Who says the man is a failure?

So Barney Frank wants to rob the taxpayers and all you dems say "go Barney,you so funny!

milquetoast @ 123:

battery positive @ 120:

Cash is king. Save all your cash as much as possible; get a strongbox. forget even gold and silver. your bank statement will be meaningless. make minimum payment on your unsecured credit cards.

First of all "cash" (worthless paper) is not better than gold or silver (real goods)

second of all if your bank statement will be meaningless....why bother to make a minimum payment on your unsecured credit cards?

...WTF? smoke another one dude!

if you believe money is worthless, send it over to me. gold and silver have value, true, but you wont buy groceries with it. make minimum cc payment until you have no use for the cc.