Comments on: Bailout Bill Heads For Critical House Vote

President Says Revamped $700B Plan Is "Best Chance" To Restore Calm To Financial Industry

[amervtrn]

Part of a letter to a Senator: I have for years been a staunch supporter of your''s. Until your vote on this PORK BARREL SCAM BAILOUT, I would have bet the proverbial Farm on you and your judgment.
I felt confident that you and others like you had the best interest of Texas, The USA, and The People in your heart. I firmly believed you would support and protect the Constitution and the American way of life from all enemies foreign and domestic. I have down loaded and watched your speech before the Bailout vote in the Senate and watched it several times, trying to understand what in the world would possess you to support such a disaster of a bill. You mentioned strings of control several times, enough strings combined make a rope. This rope will hang us. ( Did someone have a gun to your head? ) Why?
To say I am throughly disappointed and discussed, is an under statement. The true feeling is much like the feelings I have had putting fallen comrades in body bags. I feel you and those who voted for this, PORK BARREL SCAM BAILOUT, have put The USA and The Constitution in a body bag.
Contrary to the quote,"this is a step down a slippery slope to Socialism!", this is a jumping, falling, and rolling down the hill to Communism.
I am quite sure you remember, Nikita Khrushchev''s speech before the U.N.,"America will fall without a shot being fired. It will fall from within." It seems his words have come through with ringing clarity.

[rickwar]

%u201CWe have a good deal of comfort about the capital cushions at these firms at the moment.%u201D %u2014 Christopher Cox, SEC, March 11, 2008.

Events in Washington, on Wall Street and elsewhere around the country have led to what has been called the most serious financial crisis since the 1930s. Decisions made at a brief meeting on 4/28/004 explain why the problems could spin out of control.

GOT THAT? 2004

Five members of the Securities and Exchange Commission met in a basement

They wanted an exemption for their brokerage units from an old regulation that limited the amount of debt they could take on. The exemption would unshackle billions of dollars held in reserve as a cushion against losses on their investments.

Five investment banks led the charge, including Goldman Sachs, which was headed by Paulson. Two years later, he left to become Treasury secretary

In loosening the capital rules, which are supposed to provide a buffer in turbulent times, the agency also decided to rely on the firms%u2019 own computer models for determining the riskiness of investments.

laissez-faire philosophy has driven deregulation throughout the government, from the Consumer Product Safety Commission to worker safety and transportation agencies.

Who stood behind the deregulation at the start? John McCain. He then said he''d fire Cox, he can''t

And people want to vote for more of the same with McCain?

Those who voted yes need to go at re-election

[myopinion1]

Posted by alphaa010 at 06:45 AM, post something once, that''s great. Post it over and over again, you look like an idiot. Wonder which one you are?

Anyway, the bailout will pass because it''s not about us, it''s about them and their vacation homes, their country club memberships, their lobster dinners, their plump colleagues. It''s NEVER been about us and it never will be. They will scare us all into believing that these idiots need saving. I really REALLY wish that people would vote these people out of a JOB and really let them know how we feel. It wouldn''t matter to them anyway. They''ll still get their fat pensions that come out of our pockets too.

[slim1h2o]

Remember Congress, you vote yes for a bailout, We''ll vote NO in the next election.



No bailout for Wall Street, till the American Taxpayer gets bailed out!


With all this talk about bailouts, Why no mention, or bailouts for out failed Health Care System?

Not even a wimper.

[stupidrules3]

These are the senators who listened. The rest must go.

Senators Voting %u201CNay%u201D on Federal Intervention in the Financial Markets
Wednesday, Oct. 1, 2008
Sen. Wayne Allard (R-CO)
Sen. John Barrasso (R-WY)
Sen. Sam Brownback (R-KS)
Sen. Jim Bunning (R-KY)
Sen. Maria Cantwell (D-WA)
Sen. Thad Cochran (R-MS)
Sen. Mike Crapo (R-ID)
Sen. Jim DeMint (R-SC)
Sen. Elizabeth Dole (R-NC)
Sen. Byron Dorgan (D-ND)
Sen. Michael Enzi (R-WY)
Sen. Russ Feingold (D-WI)
Sen. James Inhofe (R-OK)
Sen. Tim Johnson (D-SD)
Sen. Mary Landrieu (D-LA)
Sen. Bill Nelson (D-FL)
Sen. Pat Roberts (R-KS)
Sen. Bernie Sanders (I-VT)
Sen. Jeff Sessions (R-AL)
Sen. Richard Shelby (R-AL)
Sen. Debbie Stabenow (D-MI)
Sen. Jon Tester (D-MT)
Sen. David Vitter (R-LA)
Sen. Roger Wicker (R-MS)
Sen. Ron Wyden (D-OR)
15 Republicans voted no; 10 Democrats voted no
40 Democrats voted aye; 34 Republicans vote aye

[david393071]

This Bailout has nothing to do with what you nor I want.

This is about corporate ownage of the Government:
Executive Branch
Legislative Branch
Judicial Branch

Just to be fair, Examples:
Bush (both of them) Oil Corporations
Cheney Halliburton
Biden Delaware sworn to protect Corporations Incorporated there.
Obama promised electorial votes of NY, PA, NJ, CT if bailout passed.

Other Corporate Ownage:
Micro Soft National Broadcasting Corporation (MSNBC)
CBS
Other news media (TV Stations, Newspapers) like Hurst Argyle,etc.
KBR = Military thru Military Contracts/Contractors
Electorial Colleges (wikipedia)
US Military thru Politicians
US Industrial Complex (including Defense Industrial Complex)

[notfooled]

I geuss it all comes down to whether the House will follow suit like the Senate and tell the American people to F*CK OFF.

VOTE ALL INCUMBENTS OUT.

Take back the country,

[david393071]

Guys this is about the bailout not the Vice Presidental Debates.

So back on topic please?

This bailout is not about the Politicians. This is about the bailout of the Corporate Board Members that caused the "Economic Pearl Harbor"-Warren Buffet.

This bailout does nothing for the Common Stocks/Shares those were already devalued by the Corporations posting loses by cooking the books. Being investigated by FBI as fraud. The Corporate Board Member Stock Options get reinflated.

Jobs, Americans too expensive. We are providing them money to outsource these jobs to another country just like GM, Ford, Chrysler did. These are the same types of Corporate Board Members, sometimes the same ones that are on numberous Corporate Boards, that had multimillion USD parties while laying off Americans and closing Factories. Think they will not do the same? Think they won''t be back for more free money?

Loans to businesses? Nope you pay off the bad loans. Think I''ll loan you anything, repeat the same mistake? Nope. What happened to reinvesting the profits back into the business instead of begging for credit every year. Guess that new Porsche or Mercedes is more important.

Follow the money.
Most Corporations incorporated in Delaware, Delaware is sworn to protect these Corporations. Who is already bought out. Who promised the electorial votes of PA.
Who called everyone to change their votes to approving the bailout. Who wanted no regulation or restrictions on the bailout.

[gerardmulholland]

Unsupervised guarantees and loophole-ridden anti-corruption measures solve nothing.
The $ 850 billion bailout bonanza is just one last greedy grasp to empty the public till into the pockets of the prime parasites on the planet.
All countries failed to regulate markets and business practise against recklessness and fraud, went mad with greed and created real debts in fictitious money three times bigger than all real assets on earth.
Every lender/seller is now chasing everyone else''s money hoping to survive.
Next comes worthless money, and no-value assets!
But can the US ''solution'' really be more of the same?
No it can not!
This proposed bailout will only prolong and deepen the agony.
The only long-term solution is an economic freeze with foreclosure protection and a new Bretton Woods Conference and Agreement to agree new global rules for markets, currencies and business.
The US should ask the UN Security Council to convene that.
What the US House of Representatives should do right now is guarantee all troubled mortgages against foreclosure by buying them at market value -not one cent more- and holding them in a US Treasury Account for eventual full payment to the profit of the US taxpayer.
Bailout the public!
Leave the bankers to the free market!

[brownpride46]

Dear Zaq,
I agree Palin was out gunned.

But google: obama crimes. Do the same for McCain.

Imagine this, you''re on a 747. Would you trust a your captain if he refused to show his ID? Obama wont show his ''original'' birth certificate. This is the irrefutable proof needed before I''d vote for him.

Obama''s hubris in his reluctance to comply with Attorney General Philip Berg (DEMOCRAT)of Pennsylvania is telling. Hence, the lawsuit Berg vs Obama 0cv4083.

The Hawaiian state produced live birth certificate can be easily forged like a passport.

I''ll only vote for Obama if he can show proper ID. Hussein''s not flying my plane without ID.