Comments on: Financial Bailout Talks Head Into Weekend

Progress Reported As Key Democrat Sees Deal By Sunday; Republicans Not As Optimistic

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by yeswecan09 September 26, 2008 12:41 PM EDT
The entire article can be boiled down to this paragraph:

**The meeting revealed that Mr. Bush''s proposal to combat the worst financial crisis in decades had been suddenly sidetracked by fellow Republicans, saying they want a free market solution, not a government bailout.**

I understand the need for alternate solutions; however, we are running out of time.
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by observantx September 26, 2008 12:31 PM EDT
I believe the message from the people is starting to sink in. That message is:

There should be no blank check given to Wall Street. If you give a blank check to Wall Street we WILL vote you out.

That''s what started this "ambush plan". Now both sides are waiting to see who will pick up the hot potato and take the blame and the consequences.
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by laurainlex September 26, 2008 12:30 PM EDT
Republicans are NOT for golden parachutes - get your facts straight. The Republicans don''t want any of the profit going to ACORN, which is what the democrats are proposing. If you don''t know about ACORN - just google it. You will find how dishonest and completely inept this group is - and, by the way, where Obama worked while a community organizer.

Also, for those complaining about spending 10 billion in 7 years for keeping our country safe - I don''t hear one complaint that the ANNUAL economic burden of tobacco use is more than $75 billion in medical expenditures and another $80 billion in indirect costs.

We''ve lost 5000 lives in Iraq in 7 years - but we lose more than 15,000 lives ANNUAL in gang warfare here in our own country. I don''t hear about that either.

Get your priorities straight. No wonder the Obama machine is definitely a bridge to no where but in the taxpayers'' pockets!
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by babooph September 26, 2008 12:27 PM EDT
I thought only one thing could be done& it had to be asap ?
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by sleepyric September 26, 2008 12:25 PM EDT
and just what did i miss?? explain yourself.
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by tbuckl September 26, 2008 12:24 PM EDT
Thomsa Jefferson knew something about bankers and the banking system. His opposition to the Bank of the United States was fierce: "I sincerely believe, with you, that banking establishments are more dangerous than standing armies; and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale." Boy o Boy did he know the truth, I certianly feel swindled on large scale, pass me another fake American dollar please.
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by martin9p2 September 26, 2008 12:23 PM EDT
GW should be proud of his legacy .. as the anti-Christ.
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by martin9p2 September 26, 2008 12:20 PM EDT
You really need to read the analysis at electoral-vote.com today. In part:

If McCain tucks his tail between his legs and flies to Mississippi to debate Obama at Ole Miss, he will hardly look like a man of action who flew to Washington, banged heads together, and got a bill. On the other hand, if he stays in Washington to work on the bill (meaning fighting Dodd, Shelby, and the House Republicans) Obama will ask the moderator, Jim Lehrer, to moderate a town hall meeting with questions from the audience. That would be an unmitigated disaster for McCain.
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by creeper00 September 26, 2008 12:19 PM EDT
Get grip, CBS! Republicans are not to blame for the collapse of this bailout...the American people are. They are livid at the prospect of a bunch of fat cats being bailed out with our tax dollars (and make no mistake--this will cost us) while we struggle to fill our gas tanks.

Read the comments on stories like this. John Q. Public has had it. He is not behind this giveaway and he will hold any legislator who votes for it accountable.
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by brianbwb-2009 September 26, 2008 12:16 PM EDT
We are still 180 degrees apart on the whys, but I am comforted to know that even neocons have their limits to greed and corruption, especially when they are not the beneficiaries.

Whatever their motivation, the bottom line is that the bailout is folly. If they aould stall, or derail it, I''ll take it...
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by azindep64 September 26, 2008 12:14 PM EDT
Early stock markets today showing downward pressures. Republican House members are the holdout on the credit relief valve plan and I do hope reason steps in and they can find compromise for the mess their party has gotten the country into. McCain''s stunt is a distraction to the campaign and the economy, simply reckless
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