Comments on: House Rejects $700B Bailout Plan

Bill Designed To Rescue Wall Street Is Shot Down, Sending Dow To Record Point Loss

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by shastar3 September 29, 2008 8:33 PM EDT
I don''t vote on a certain party. I vote on the person.
For the American people todays no vote is a good thing. We need to fix the problems before liquid is handed over. Yes the markets took a huge drop, but how much is that due to speculators trying to teach the house a lesson?
It is all the politicians fault that knew that this was happening(the bad notes)and it is greedy people who have been stuffing money away.
I feel great about todays vote. I do not want to leave this mess for my children and grandchildren.
If the economy falls, we may need to go through hard times. Then we can look at where the problems lie and build it back up better.
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by voidmaster-2009 September 29, 2008 8:33 PM EDT
America the superpower ended quite some time back.
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by rjstolba September 29, 2008 8:33 PM EDT
As a Democrat, I am disgusted with Pelosi and Reid. In such a highly charged political atmosphere, why would these MORONS have a press conference praising themselves and ignoring the REPUB input. I think the whole bunch of them--Dems & Repubs--should be kicked out of office. These fools who are supposed to represent us and look to the universality of any measure have opted to put POLITICS first. So, come election time, I think we should put new candidates first and get rid of this garbage!!!
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by citizenusa-2009 September 29, 2008 8:33 PM EDT
The Obama dream is over.

Posted by mr22582 at 05:32 PM : Sep 29, 200

You''re high, right?
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by ubrew12 September 29, 2008 8:33 PM EDT
heathme2003 said: "Thank you to all the Dems and Reps who voted AGAINST this bailout. Finally, something from Congress that makes sense. "

I hope you''re right, but I fear not. A lot of the Bush tax cuts were invested overseas. Failing at this bailout means much of that investment may fail completely, leading to consequences here at home. Its a delicate time in a newly globalized economy. I''m a lib who thinks Bush should never have cut taxes; but that''s history. Failing to ''buy in'' to the globalized economy his tax cuts have partially created is like throwing the baby out with the bathwater. Americans were stupid to vote for Bush and allow him to hijack their domestic concerns into a round of casino-betting on the international marketplace (tax cuts). But now that they have, they are poised to ''cut that tie''. I think the bailout should go through, but Americans need more ownership of the companies in default, so we can participate in future profits if/when some of these investments with our tax dollars pay off globally.
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by brightonbls September 29, 2008 8:32 PM EDT
Could this be the end of America as a super power?
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by voidmaster-2009 September 29, 2008 8:32 PM EDT
Yeah, I like the falling crude prices part myself.
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by nextgenman September 29, 2008 8:31 PM EDT
John "Socialist" McCain: "We need a deal! We need a deal! We need a deal!" Bailout! Bailout!
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by ibzjem September 29, 2008 8:30 PM EDT
Thanks, please consider voting for McCain, he''''s the most honorable of the two and a greater supporter of Veterans and Soldiers, as he stated in the debate

Posted by Minuteman-7 at 05:26 PM : Sep 29, 2008

Then why are his lying TV commercials still airing? Thanks, but no thanks.
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by voidmaster-2009 September 29, 2008 8:30 PM EDT
The house is flirting with the second Great Depression. There is no question in my mind after 40 years of studying the economy, financial institutions and the Great Depression that our economy is sinking. The second Great Depression is on its way. Just remember the Great Depression was the major cause of WW II. So you house members who voted against the rescue plan to save your jobs, just look to the heavens there are 200 million souls waiting to tell you "Go To Hell." Maybe you had better worry about your souls. This is the most important issue of the last 150 years. Jerrold Peterson Professor of Economics Emeritus University of Minnesota, Duluth

Posted by jpeters29
***
America can survive another depression. It cannot survive this bailout.
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