New York Stock Exchange CEO Duncan L. Niederauer, right, and NYSE COO Lawrence Leibowitz talk on the NYSE trading floor Monday, Sept. 29, 2008. Wall Street's worst fears came to pass Monday, when the government's financial bailout plan failed in Congress and stocks plunged precipitously, hurtling the Dow Jones industrials down 777.68, or 6.98 percent to 10,365.45, in their largest one-day point drop ever. (AP Photo/Richard Drew) House Rejects $700 Billion Bailout, What it Means to You
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Shannon Booth
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Wednesday, Oct 1 at 3:20 PM STOP THE INSANITY! wrote ...
Why are WE supposed to bail out a bunch of high-risk losers that took out mortgages they couldn't afford? If you have to rely on the Govt to save you, you're in REAL trouble. Make the politicians STOP APPEASING all the so-called "victims" in America before it's too late.
Wednesday, Oct 1 at 7:16 AM Take Control NOW! wrote ...
Everyone needs to e-mail or call their representatives of their districts and their senators TODAY, let them know that you are NOT in favor of any kind of bailout, let them know that you will NOT vote for them if they vote YES on this disgrace. We have an opportunity to send them a message, do it now, do it today. Don't vote for McCain or Obama, vote for Ron Paul and you will see the change you are looking for, he has the plan to take this country in the right direction. It's in our hands!
Wednesday, Oct 1 at 1:17 AM Anonymous wrote ...
We need a leader like Hitler to set things straight.
Tuesday, Sep 30 at 6:51 PM wake up people wrote ...
The bailout bill is something Bush proposed. His own party won't even vote for it, why the heck should the Democrats be criticized for not passing it? Doesn't that say it's a bad bill? People are flooding calls to their congressmen opposing this bill. What does all of the above tell you?? It tells me just exactly how bad the bill is and what kind of a presidential administration we have!!
Tuesday, Sep 30 at 3:41 PM Bailout Schmailout wrote ...
If you just insert $700 billion into the economy, the price of everything goes up dramatically. And guess what...minimum wage stays the same. I personally don't want to pay 8 bucks for a loaf of bread.
Tuesday, Sep 30 at 3:30 PM TRUE wrote ...
Funny it seems most of the rich and powerful in this country are democrats just look at all the Hollywood elite! Rich and Powerful, follow the money trail the democrats could care less about the poor and middle class in this country to them it’s all about power and money!
Tuesday, Sep 30 at 3:28 PM Hey Stiles wrote ...
News flash...the DEMS control congress, they could have passed this. It's a terrible bill plain and simple. The only reason she wanted rep's was for cover when this blows up in their face when/if passed.
Tuesday, Sep 30 at 2:39 PM People please read wrote ...
http://www.cnn.com/2008/POLITICS/09/29/miron.bailout/index.html
Tuesday, Sep 30 at 1:42 PM Math Teacher wrote ...
85 billion divided by 200 million is $425. 700 billion divided by 200 million is $3500.
Tuesday, Sep 30 at 1:31 PM Furious Stiles wrote ...
So Pelosi says a few things that hurt the Republicans feelings and to get her back they block the bill... Hey guys, way to put "Country First". If we're lucky we can continue this debate down at the soup kitchen in a year, by then its not going to matter who's fault this is. To blame dems for this bill not passing while defending reps is the weakest argument I've ever heard. Try again.
Tuesday, Sep 30 at 1:28 PM James in DBQ wrote ...
To take $700 billion (short estimate) from tax payers is helping us? The winners will be congress who will buy the mortgages and then sell them off for the same perks they took to get us into this mess. Also, those who don't pay their loans will win. they get another chance to default, but this time the Congress will be writing the mortgage cures. How are they going to collect? This is a rediculous idea. To have congress in the mortgage business is a real disaster.
Tuesday, Sep 30 at 1:10 PM i agree with 4:42 PM Here are the Numbers from Old Guy wrote ...
if they gave me that money i would more than likley pay off my house and all bills giving it back to the lenders and go spend money on things i want thus boosting the retailers and market making me and all the other people of the country happy. THATS THE PLAN THAT NEEDS PASSED!!!!!!!!!
Tuesday, Sep 30 at 1:02 PM yep wrote ...
bail out the regular folk, so they can pay off debts and mortgages etc and all that money will go to the banks and folks on top. buy homes for those who havent one, yeah a couple hundred thousand to everyone over 18. that'll jump start the economy!! everybody wins.
Tuesday, Sep 30 at 12:42 PM !!!!!!!!!!!!!!! wrote ...
Fr. Charles Coughlin was right!
Tuesday, Sep 30 at 12:38 PM JDAM wrote ...
Let it collapse! Then maybe our government will learn. And after that maybe we will keep our money in this country. Let the world starve. Let them kill off each other. If Premier Bush is so worried then he can get with Cheney and give up some of thier money they have made in the last 8 years! OH YEAH AND F**K THE OIL COMPANIES AS WELL!
Tuesday, Sep 30 at 12:03 PM Really? wrote ...
This whole Bail Out thing is a joke! A Bail Out is like putting a Band-Aid on a bullet wound! I believe we are at a point where we have to let these company's fail! What happened to Survival of the Fittest? I believe doing so will only further weaken an already weak US Dollar? They will get liquidated, assets sold, and become stable again. Sure we will have to endure some hard times, but I believe a stronger economy will emerge. Bail out's are not always the best option, sometimes failure is.
Tuesday, Sep 30 at 11:53 AM Concerned Iowan wrote ...
The sub Prime mess started 2 yrs ago and nobody did a thing but say how it was bad decisions on the part of the paople involved. Yet their mortgages where being sold all around wall street. Seems funny to me that the bankers and investors wasnt interested in renegoating the terms and instead was happy to get nothing rather than take a reduced payment from the homeowner. Now they want us to bail them out for their greed through this whole mess all the had to do is try to keep people in thier home
Tuesday, Sep 30 at 11:15 AM Should have listened to McCain 3 years ago wrote ...
I join as a cosponsor of the Federal Housing Enterprise Regulatory Reform Act of 2005, S. 190, to underscore my support for quick passage of GSE regulatory reform legislation. If Congress does not act, American taxpayers will continue to be exposed to the enormous risk that Fannie Mae and Freddie Mac pose to the housing market, the overall financial system, and the economy as a whole. whole.http://www.govtrack.us/congress/record.xpd?id=109-s20060525-16&bill=s109-190 This was 3 years ago.
Tuesday, Sep 30 at 11:14 AM ken wrote ...
There is no doubt that the republicans voted to stop the bill. And if you listened to pelosi you would know why.wake up and smell the coffee. The dems knew this was coming two years ago and did nothing about it.No wonder congress has got an approval rating of 17%. That makes bush an angle compared to them. It was the democrates that got money from freddie mac and fanny mae. One thing is for certian nobody knows what goes on in Washinton.Surily not the people.
Tuesday, Sep 30 at 11:10 AM Wise beyond my years wrote ...
Let economies cure themselves. Recessions aren't new, nor are they bad; unless they are improperly handled. History has shown, the more that the government gets involved the longer recessions last. This is a good thing for the government not to get invloved. In my own opinion there are only three things that governments should actually worry about: external defense, internal order, and maintaining an honest currency. If Obama gets into office we are in troble beyond our imagination.
Tuesday, Sep 30 at 11:09 AM Good, this bill is flawed wrote ...
It will bail out unions, bet most people didn't know that. When the unions bargained unrealistic pension packages the companies couldn't afford them. So the unions bought them out, now they can't afford to pay them out, just like the companies before them. So the Dem's added in a gov bail out to cover the unions mistakes.Why can the union get a bail out, but they had no problem expecting the companies to pay these pensions? Why should I have to pay for THAT?
Tuesday, Sep 30 at 11:00 AM What the heck kcrg?? wrote ...
I have had three posts that did not make it through you moderation. NONE of them had any profanity, or personal attacks on any other posters. Is it that you don't like my position or what.
Tuesday, Sep 30 at 10:46 AM Anonymous wrote ...
Because the Dem's are in control. They couldn't even get their own party to go with the plan. If they could this would have been passed, they didn't need the rep's. All they wanted them for was political cover, as evident with Pelosi's comments the past 5 days or so. They knew the rep's wouldn't vote for it, but had no clue so many Dem's wouldn't. That should give people an idea how bad the bill really is...IMO
Tuesday, Sep 30 at 10:45 AM To: count the votes wrote ...
If I have to explain it then you should not be allowed to vote. There are more Dem's then Republicans. So...If all the Dem's had voted yes it would have passed. Republicans voted no because the people of their respected state were 10 to 1 against this bailout. That is representing the people.
Tuesday, Sep 30 at 10:04 AM Count The Votes wrote ...
Someone please explain to me how this not passing is the fault of the Democrats. Votes Against : Republican - 133 Democrat - 95 C'mon, I'd like to belive my fellow Iowans can at LEAST perform basic math, despite their party affiliations.
Tuesday, Sep 30 at 9:57 AM Anonymous wrote ...
I find it very interesting that not one of the Democrat bashers has directly addressed the real numbers. A higher PERCENTAGE of DEMOCRATS than REPUBLICANS voted FOR this bill, and everyone is blaming Nancy Pelosi for it not passing. Seriously, I would love for one individual to directly address the actual numbers and explain to me how this not passing was more on the shoulders of Democrats than Republicans. Maybe W. could have told them there were WMD's in Wall Street we needed to find...
Tuesday, Sep 30 at 9:44 AM Whisky_NW wrote ...
Wow, there is so much finger pointing. Democrats had the numbers to pass this legislation, but a handful of them are in tight election races that come to a head in 5 weeks so Pelosi told them to go ahead and vote against it to increase their chances of re-election. Then when the measure doesn't pass, they blame Republicans? Blatant partisanship, it’s totally ridiculous. Others need to quit spewing poor math; $315,000? Seriously, DO THE MATH! Solutions for problems like these are rarely simple.
Tuesday, Sep 30 at 9:14 AM blame the dems wrote ...
Shame on you nancy pelosi !!!!!! putting your personal interset before the best interest of the country!
Tuesday, Sep 30 at 8:56 AM Observer wrote ...
I think everyone has missed the silver lining in all of this: as the market plunges, so does the price of oil. I don't know about all of you, but $2.00 gas would stimulate my household more than this government bailout ever could.
Tuesday, Sep 30 at 8:39 AM Anonymous wrote ...
lets change the rules and re elect George Bush for 4 more years. He will straighten this out. NOT what a loser
Tuesday, Sep 30 at 8:12 AM Hey Adam watch this video wrote ...
http://www.youtube.com/watch?v=_MGT_cSi7Rs&eur%20l=http://mypetjawa.mu.nu/ Both sides are to blame, but the policies of Clinton started this. Then the lack of action by congress kept it going. Too many people where taking money from big banks, Obama,Dodd,Barney frank and the list goes on. If they would have just listened to John McCain.
Tuesday, Sep 30 at 7:51 AM Old Guy wrote ...
It is nice to read that the majority are in favor of wall street bailing themselves out of this mess. I dont think it is right for tax payers to finance this endevor. So much debt allready and now they want to place more on the working class. Juat not right. The real down side is they are not telling us anything about the bailout plan. I wonder why that is? I am peed off as well. I dont see anybody ready to bail me out. I cant standby and allow this gov to super tax our children. No Way.
Tuesday, Sep 30 at 7:10 AM Where Is Main Street wrote ...
I keep hearing this will help "Main Street Citizens". If I have been financially in trouble for over a year due to a plant closing after 14 years and loss of income, my 401k gone to try and keep our heads above water, barely living from paycheck to paycheck, wondering where the money will come from to fill my 500 gallon LP tank at least once this winter, how is this going to help me? We are part of the Middle class who work every day, try and pay on time minimums and will soon be homeless. 5ofus
Tuesday, Sep 30 at 6:25 AM Former Adult wrote ...
(D) Bruce Braley is a great example of why not to stay party loyal. Remember this in the upcoming election's. Never made to much sense to me to stay loyal on one party ticket. For what its worth you have my full support Mr. Braley.
Tuesday, Sep 30 at 1:10 AM Keeping Defeating the Bailout Bills Please wrote ...
They keep using the Great Depression and other lies to scare people just to get more money. Instead of bailing people out, let them take the fall and let's see some real changes. I see handing over money as putting a band-aid on large wound. It's not gonna fix the problem. Getting this country off credit would be a good thing
Tuesday, Sep 30 at 1:07 AM American Patriot wrote ...
The non-elite should NOT be held responsible for the bail out as the CEO's and politicians got rich. It is amazing to me to see a great country of ours being governed by criminals, thiefs, and liers. Oh, I am sorry, politicians don't lie, they just "Mis-speak". We need to get rid of these "Fat cats" and put in honorable, truth speaking Americans who will look out for the American people vise looking out to line their pockets. I am just sick of how our "Elected" officials are handling this.
Monday, Sep 29 at 11:34 PM wah wah wah wrote ...
everyone need some cheese with their wine? I don't think I have enough to go around.
Monday, Sep 29 at 11:09 PM Adopt a Poor Starving Billionaire wrote ...
We're such idiots. How is it that so many people are convinced that it is such a good idea for the gov't to confiscate tax money from hardworking citizens and give it to Wall Street billionaires to cover what are essentially gambling losses? Subsidizing bad decisions only encourages more of them and makes our economy worse, not better. For you aspiring math students: 700 billion dollars divided by 300 million citizens works out to $2333.33 per person, or $9333.33 for a family of four.
Monday, Sep 29 at 10:44 PM Adopt a Poor Starving Billionaire wrote ...
We're such idiots. How is it that so many people are convinced that it is such a good idea for the gov't to confiscate tax money from hardworking citizens and give it to Wall Street billionaires to cover what are essentially gambling losses? Subsidizing bad decisions only encourages more of them and makes our economy worse, not better. For you aspiring math students: 700 billion dollars divided by 300 million citizens works out to $2333.33 per person, or $9333.33 for a family of four.
Monday, Sep 29 at 10:07 PM I don't get it wrote ...
I think what happened today is a good thing......until they get rid of the people who created this mess, why give them any more money to lose??? Clean out those people and put in some new people who know something and will straighten this mess out for the good of the country and not be there lining their pockets.......then elect Ron Paul President and things will improve FAST!!!
Monday, Sep 29 at 10:04 PM Anonymous wrote ...
Yea, lets give $500,000 to everyone. Then we can buy a loaf of bread for $300. GOOO hyperinflation!!!!!........
Monday, Sep 29 at 9:48 PM Blue in a red county wrote ...
Congressmen Braley, King, and Latham deserve the thanks of all Iowans. Congressmen Loebsack and Boswell continue to demostrate the partisan koolaid drinkers that they have always been.
Monday, Sep 29 at 9:17 PM Jeff wrote ...
What, are these guys 6 years old? I would think a member of the house of representatives would have a thicker skin. I can't believe Pelosi and her partisan comments would flip 12 votes on something that is essential for our economy right now. And even if that is not the case, I can't believe they would be stupid enough to use that as an excuse for the failure. Morons.
Monday, Sep 29 at 8:37 PM Luke 9:29 wrote ...
We have spent a lot of money on the war, but what is the cost of life? When you have an infection you don't let it spread then try to fight it. You fight the infection at the spot it started, we as americans were angry at what happend 9-11. Bush as an american was angry and had the guts to go against the other branches of gov wishes and even the UN to fight the infection at its source and we havent been attacked since. What is the cost of life?
Monday, Sep 29 at 8:04 PM Moneymoneymoneymoney....MOOOONEY! wrote ...
I'm not complaining about this "Depression" one bit! It's been one H*ll of a relieve to see gas prices dropping. That being said, I know that in some matter, this isn't a good thing, but for now, I'm smiling! Now, if groceries would drop too, I'd be a happy clam! Let the upper class lose it all, then they'll be one of us! Hahaha....
Monday, Sep 29 at 6:06 PM Anonymous wrote ...
this why we need term limitations on both sides of the parties and get rid of the blame game gee who side are they on
Monday, Sep 29 at 5:56 PM no fear! wrote ...
don't be afraid of a depression, or a recession! the majority of the people struggle from check to check, and make it, with a little room to spare. we've learned to make it on next to nothing, and still make it! the only ones that will be hurt are the big dollar losers who have big bucks in the bank, and are just sitting on it! we as lower income people will still eat, and get by as always, without much notice of it! i say let the rich go broke, and put that money back into circulation! BUDGET!!
Monday, Sep 29 at 5:36 PM Hawkfan wrote ...
It is absurd to blame the Republicans for this defeat. The Democrats could have passed it if they wanted to. They played politics with this all weekend and they are still doing so!
Monday, Sep 29 at 5:07 PM Adam wrote ...
And to think, we'd have the money if we didn't spend almost the same amount on this stupid war.
Monday, Sep 29 at 5:05 PM Adam wrote ...
Dems turned it down, but Republicans got us to this point in the first place. Good going guys.
Monday, Sep 29 at 4:49 PM YAHOO !!!!!!!!!!!! wrote ...
I am so glad this failed, now we poor people still get to keep the little change we have in our pockets in our pockets.Its not right in any form the government dug the hole let them do themselves a big favor and just start pulling the dirt in arround them, remember its we the tax payers.
Monday, Sep 29 at 4:43 PM Second part RED Any more questions. wrote ...
My plan is to give $425,000 to every person 18 as a We Deserve It Dividend. Of course, it would NOT be tax free. So let's assume a tax rate of 30%. Every individual 18 has to pay $127,500.00 in taxes. That sends $25,500,000,000 right back to Uncle Sam. But it means that every adult 18 has $297,500.00 in their pocket. A husband and wife has $595,000.00. What would you do with $297,500.00 to $595,000.00 in your family?
Monday, Sep 29 at 4:42 PM Here are the Numbers from Old Guy wrote ...
Whoever T. J. Birkenmeier is, I sincerely salute him.I'm against the $85,000,000,000.00 bailout of AIG.Instead, I'm in favor of giving $85,000,000,000 to America in a We Deserve It Dividend.To make the math simple, let's assume there are 200,000,000 bonafide U.S. Citizens 18 . Our population is about 301,000,000 /- counting every man, woman and child. So 200,000,000 might be a fair stab at adults 18 and up..So divide 200 million adults 18 into $85 billon that equals $425,000.00.
Monday, Sep 29 at 4:38 PM ken wrote ...
Really if this is all we have to worry about this is a walk in the park. If Obama gets in youll be alot worse than you are now.He wants to do away with the secound ammendment. Dont think so? Ask him why has he threating to sue the NRA over there ads out in Pa.?
Monday, Sep 29 at 4:32 PM Old Guy wrote ...
Just one more thing Red and i will not comment about this anymore. Have you ever seen or head of all these guys every comming togeather on such a scale in what 7 days? Come on. How do they know it will work? Are they just balling out their friends again? They must think we are truly stupid. What reasearch have they done? And all of it in seven days? Maybe time for some new leadership all the way around. Tired of all the harvard MBA guys. Their not cutting the grade now.
Monday, Sep 29 at 4:31 PM Anonymous wrote ...
Good! I am glad to hear it. Everything will eventually work itself out. "They" made their bed... leddem lay in it!
Monday, Sep 29 at 4:26 PM ken wrote ...
This is polical and the dems know it.Some are up for re election. They dont want to vote on this till there put back in. Go republicans.
Monday, Sep 29 at 4:23 PM To Red wrote ...
So Red how do these younger people suppose to live when they reach retirement age? If it is all about stimulationg the economy by low cost loans then give it to the people and let them start a business and or pay off their homes. Maybe even take a vacation, You know one like they take. Not to the park or around the house. The kind of thinking is what is makeing the rich richer, getting rid of the middle class altogeather and the poor like me and a few others, well it dont look good. Think abouit
Monday, Sep 29 at 4:20 PM To Red wrote ...
Ok Red what is this fantastic idea of theirs does not work? It did not the last time. What makes you think it will now? Same people. How much of your tax dollars are you willing to waste? If i were younger i would be just about ready to revolt. First they are told that social securtity wont be around for them and to inveset. then all these companies they invest all their money in go backrupt. You know Like Enron for instance. Not all of us are making several million dollars a year like they are.
Monday, Sep 29 at 4:16 PM To Red wrote ...
I am glad to see Red that they have you well under their grasp. I dont know what numbers you used and dont care. Mine are right. You go ahead and support these idiots that are in charge of these companies. You are brain washed. Oh you should also remember that in less than five years we have already bailed out six of these companies. Do you known which ones they were? do some home work and get back to me. People make the economy grow. these people just loan money to each other at 1/2 above prime
Monday, Sep 29 at 4:08 PM pak wrote ...
The taxpayers should not pay for stupidity. Let them suffer or pay for it. Let the executives who still earned way too much pay for it.
Monday, Sep 29 at 4:05 PM Bring it wrote ...
I live well below the poverty line, I will see no change. depresion? bring it! weed out the non-hackers. people living beyond there means, prepare to anny-up!
Monday, Sep 29 at 4:03 PM facts wrote ...
140 democrats voted for it, only 65 republicans voted for it. 95 dems voted against it, 133 republicans voted against it. You do the math and you'll know who to blame. Big cry baby republicans
Monday, Sep 29 at 4:01 PM red wrote ...
OLD GUY, You need to do your math,700,000,000,000 devided by 200,000,000 is $3,500.00 .
Monday, Sep 29 at 4:00 PM average midwestern woman wrote ...
YAH!!! If there is that much money just lying around, give it to public so we can live again instead of struggling and going without. Seems all we do anymore is work and till not pay all the bills! Gone are the days we can play with our kids as we rush from one job to the next or work super long shifts at one job just to try to keep a home and food on the table.
Monday, Sep 29 at 3:50 PM Trina wrote ...
Hmm what i think is funny is they will help out other countries feed their starving children but wont help out the good old American people and now they want to be bailed out let them live like we have to...I would love to see wallstreet have to eat hamburger helper and hot dogs and Not ribeyes and lobster...I dont thik we can get much worse off...It can only get better for us working people... we know how to do something they dont BUDGET! Always expect the worst and if you have more good for U
Monday, Sep 29 at 3:39 PM NW'er wrote ...
Wake up democrat bashers - read cnn or forbes for better info than kcrg - more republicans voted NO than democrats! This plan had problems from both points of view.
Monday, Sep 29 at 3:38 PM Finally someone is smart wrote ...
I do not agree with this bailout. All we would have done it made the rich, richer. What about the houses here in town that are for sale, on some streets nearly every other house. Those people lost their houses and the gov't didnt come help them. But, you are going to make those people pay to help the companies that took everything from them already....i thought this country was for the people, not just the elite.
Monday, Sep 29 at 3:26 PM mortgaged mom wrote ...
I lost my house in the flood, now I pay for TWO residences. No gift for me from the lender, no amnesty/bailout. Why should they get paid twice, once from me and once from my taxes for the same loan? Fat cat salaries, vacations and fancy cars? If we do have a depression, the sooner it hits the sooner we recover. This bad business will not change - they just want their extravagant lifestyles. They know nothing of my flood ravaged life and they do not care. Let me help myself to their money!
Monday, Sep 29 at 3:18 PM Hawkfan wrote ...
The Democrats spent all weekend attacking the Republicans and then expected them to fall in line. But, the Dems have the majority and 40% of the Dem Reps voted against it. They only have themselves to blame for the defeat.
Monday, Sep 29 at 3:17 PM Depression wrote ...
We're in a depression now. This bail-out would not have fixed that. The only thing we can do is ride the market down-down-down, shake the fleas off, and start over.
Monday, Sep 29 at 3:05 PM ut oh wrote ...
Time for everyone to start selling our 2 extra cars, our boats, campers and the trucks we pull them with. Our houses that are too big and not needed, and all of our name brand clothes and toys.
Monday, Sep 29 at 2:58 PM Give Dems a Break wrote ...
Ample no votes came from both the Democratic and Republican sides of the aisle. More than two-thirds (66.6 percent) of Republicans and 40 percent of Democrats opposed the bill.
Monday, Sep 29 at 2:57 PM Common "cents" wrote ...
Good to see that some of our government leaders realize you can't "bail out" with money you don't have.
Monday, Sep 29 at 2:56 PM GO VETO! wrote ...
They need to bail themselves out of thier own mess. All they need to do is take the money they need out of thier CEO's paycheck and bonuses...
Monday, Sep 29 at 2:45 PM Sp1ke wrote ...
Well put old guy. I strongly agree.
Monday, Sep 29 at 2:44 PM Trina wrote ...
I agree with Old Guy i was not for it either...WHY should we have to bail them out when they are probably just cushioning their pockets anyhow...
Monday, Sep 29 at 2:34 PM greatest news wrote ...
this has to be the greatest news i've heard lately! i don't believe our taxes should have to pay off bad gambling bebts! if you loan money, you're gambling! if the gov pays off, all who lost money gambling shopuld file a class action suit against the feds for their gambling losses!if they're bailed out, it just says they can be as greedy as they want! ceo's earning half a mil or more a year, rich just keep getting richer at the expense of the lower income taxpayers!
Monday, Sep 29 at 2:32 PM Not a good idea... wrote ...
Wow.. in the end the government would've made more than they lended. Now not only are we not going to make that money back, but we're not going to have a market that is steady. ..22 years from now maybe..
Monday, Sep 29 at 2:29 PM stacks23 wrote ...
I have heard the speaker of the house say the party is over on wall street. Sounds to me like the party just ran out of beer and if they pass this bailout the taxpayer is just buying more beer.
Monday, Sep 29 at 2:25 PM Me wrote ...
Thanks democrats! You RULE!
Monday, Sep 29 at 2:13 PM Anonymous wrote ...
Maybe they should use their own money to bail themselves out. You know they've got it, they just want hand outs.
Monday, Sep 29 at 2:10 PM not sure wrote ...
I am really just not clear whether this is good or bad... I know it's a lose-lose situation.
Monday, Sep 29 at 2:07 PM Not joking wrote ...
Seriously.. do they want us to go into the depression???
Monday, Sep 29 at 2:01 PM Great! wrote ...
I am glad. I personaly belive a depression will cost less for the goverment and the taxpayer in the long run.
Monday, Sep 29 at 1:59 PM REALLY???? wrote ...
Well that is (not) a surprise. Those Dems are at it again.
Monday, Sep 29 at 1:59 PM BS wrote ...
Hmmm. Imagine that. BS BS BS
Monday, Sep 29 at 1:58 PM Great... wrote ...
Start stocking up...The Great Depression Take 2 has arrived!!
Monday, Sep 29 at 1:55 PM Brad H wrote ...
answered my own question: Braley, Latham, and King-nay Loebsack and Boswell-aye
Monday, Sep 29 at 1:38 PM Fooze wrote ...
The democrat majority has the votes to OK this bill and the President will sign it. What is the problem?
Monday, Sep 29 at 1:36 PM Brad H wrote ...
Does anyone know how our representatives voted?
Monday, Sep 29 at 1:31 PM Old Guy wrote ...
This is great news. WHY? Because the tax payers should not have to bail out the idiots that got us into this mess. I like the idea of spliting the 700 billion btwn the taxpayers. that = 315,000 $ for everyone over 18 yrs old and gives the goverment 65Billion right back because of windfall taxes. Could you use 315,000? How about 630,000 if married? I dont care if these companies go under. It is by their hand they got into this mess. Greed does not equal tax payer bailout. I support the veto......
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