Friday October 3, 2008, 10:46 am
there are no word's

Friday October 3, 2008, 10:56 am
Heavy sigh - these are the people supposed to represent US. Obviously, we need to replace 263 of them.

Friday October 3, 2008, 10:56 am
Why are we toast? Since the last bailout didn't pass, we have been told more about this plan and when is it for really and in my opinion, it seems to be the right thing to do.

If Wall Street, and we all know it is the Main Street who relies on Wall Street, goes under, where will we on Main Street be then?

This bailout was extremely important for me and my family. I have a lot of stock all in one place and over the years that stock has risen to a very wealthy level, but it is and only is in a stock that can be chased in when and only when my kids turn the age 18. It is for their future. If Wall Street didn't get this package bailout plan. My kids would had lost their futures. They wouldn't been able to pay for the college that they wish to go to, nor a home after college, but they can and better thank their long past Great-Grandmother for giving this stock to them in her will.

This also takes away any reason to stop the election due to financial crises.

Friday October 3, 2008, 10:56 am
Betrayed !

Friday October 3, 2008, 10:56 am
Here's the final tally: House Roll Call, HR 1424

Friday October 3, 2008, 10:58 am
I'm especially pleased that all those tax cuts were passed along with it...we really needed these in a bill supposed to help Mr & Mrs. Main Street and all the little Main Streets..

New Tax earmarks in Bailout bill:

- Film and Television Productions (Sec. 502)
- Wooden Arrows designed for use by children (Sec. 503)
- 6 page package of earmarks for litigants in the 1989 Exxon Valdez incident, Alaska (Sec. 504)

Tax earmark “extenders” in the bailout bill:

- Virgin Island and Puerto Rican Rum (Section 308)
- American Samoa (Sec. 309)
- Mine Rescue Teams (Sec. 310)
- Mine Safety Equipment (Sec. 311)
- Domestic Production Activities in Puerto Rico (Sec. 312)
- Indian Tribes (Sec. 314, 315)
- Railroads (Sec. 316)
- Auto Racing Tracks (317)
- District of Columbia (Sec. 322)
- Wool Research (Sec. 325)

Friday October 3, 2008, 11:07 am
Yeah, my 401K might recover too, Peggy...but it's much larger than that...YOUR children will pay a lot more for this bailout than you or I will, and that's a fact.

Does ANYONE seriously expect the taxpayer to MAKE MONEY from this bill, as Paulson suggests?
Have you READ the revised bill? All Federal "property managers" are required to do is to "urge" mortgage servicers to cooperate with mortgage-holders...some protection.

Friday October 3, 2008, 11:10 am
Here's a link to the bill...all the sections can be clicked on and read individually...don't be intimidated by the jargon...see what the bill does:

H.R. 1424

Friday October 3, 2008, 11:11 am
This is totally unacceptable!! We as a country...need to stand together--regardless of political party or affiliation!!! This terrible decision will affect us all, as well as our children!!! )O(

Friday October 3, 2008, 11:23 am
I am cleaning out my wheelbarrow because I need to get a loaf of bread - or perhaps I'll replace the wall paper with these soon to be worthless US dollar bills- My Rep voted NAY-Petri is conservative. He is the one and only Republican I will ever vote for (and not regret it later (yet!) :)

Friday October 3, 2008, 11:26 am
I'm already rolling coins, should I prepare to give blood too???

They have decided to ignore putting the varmints in jail -- What's up with that???

They say it was to stop the complete collapse of our financial system, and this swung many votes today!



Signature: http://tinyurl.com/3fs5m8

Friday October 3, 2008, 11:37 am
Botyfltiger,
I know exactly what you are saying with regard to your children's stocks. It is obvious that the money invested was under the Gift For Minors Act, and there were two options that could have been chosen depending on the type of account that was opened in their names. One investment account opened with Procter & Gamble for an example matures when the child/ren reach the age of 18. Then they can sell all their shares at one time. All they would have to do is get a form, and have a Gold Seal Medalian Stamp on it and mail it in, and then choose to either have a check mailed or a direct deposit. You could have sold the shares before they turned 18 as long as you were the custodian of their accounts. I was the custodian of my son's account with Procter & Gamble and he asked me to sell all of his shares. I honored his request and sold all of his stock. I had the money directly deposited into our bank account, paid the federal snd state taxes and we were done. He still has a good chunk of the money in the bank. My son has another account that does not mature until 2015 when he turns 24. He has taken some serious hits on this account. It is was opened by his grandfather in 1995, and the account was opened with $250.00. I can not do anything with this account as I am the guarntor of the account. His grandfather can sell the shares providing he has my permission do so. But he has Alzheimers Disease and doesn't even know the account exists. So I can't go to him and have him close the account. My son has lost more than $3000.00 on this account, but since it doesn't mature for another 7 years he could rebound and earn a decent amount of money from the mutual funds the investment is in. But as of right now I doubt with the bailout that Congress just passed will have any affect with his account. It hasn't been doing well over the yrs. I keep track of his account online, so I don't have to pay any fees to maintain the account. That's the only benefit I get.

But as I said if you are the custodian of your children's account you can sell their shares for them and put the money in your local bank where it will be safer. All you will have to do is what I did. If your children's account was opened by a grandparent the grandparent can request that you be named as the custodian of their accounts. He will have to fill out a form naming you as the new custodian of their accounts, have it stamped with a Gold Medalian Stamp at his bank or other financial institution thne mail it ot the company where the stocks are being held. Then you will receive a letter in the mail from the company, and a stock certificate. All you have to do then is to send the stock back to where it was being held, as a reinvestment, and then they will send you a confirmation letter, and give you new account numbers for the stocks. Then you can sell them whenever you wish. Apparently you did not know this information. Your children's stocks were not ever in any danger. There is always away around things. But you have to be an informed investor to know the little tricks involved to safe guard you children's stocks. A bank is a much better plance than the stock market. You may not earn as much, but they will never go down in value, since the bank pays interest on the deposits....

Ps: You do not have to request a Stock Certificate but I would advise you to do so if you are named as the new custodian of the accounts. In either case you will be able to sell all or part of the shares.

Friday October 3, 2008, 11:45 am
This is just the beginning, in Europe many banks will need the help the first two banks in Holland Fortis and ABN Amro will be completely owned by the government!
But this cannot go on.....printing money cannot be the sollution inflation will soon be like in Germany in 1923! Or in Zimbabwe 2008!

Friday October 3, 2008, 11:47 am
Mistake I made. I am NOT THE GUARANTOR, and cannot do anything with this account. In fact since my son is now 18 I cannot even talk to a representative from American Century Investments. The account is a Gift Trust Mutual account. As I mentioned in my preivous post this account does not mature until 2015. My son can call them and request that a rep speak with me, because he doen't know how the account is set up, and knows very little about the stock market and how he earns shares, nor how the taxes are paid on his account each yr. The company sells one or more shares in order to meet the tax burden for the yr. And he keeps the rest of the shares that remain on the account.
Sorry for the mistake.

Friday October 3, 2008, 11:48 am
I feel for our grandchildren and great grandchildren, that is unless of course because of this they shall refuse to have their own children!

Friday October 3, 2008, 11:56 am
My Rep. in Congress vote no to the bailout. But like many have said here we are screwed big time. We will not see a penney from this bailout. And no one still knows whether or not it will work. If if fails then Paulson will be asking for more money. This has got to be the scam of the century.

If your Rep. voted for this bailout I hope you intend to vote him/her out of office even if you have to cross party lines to do it. They do not deserve to have a seat in Congress. They completely ignored the will of the American people and stuck it to us big time. Bastards!!

Friday October 3, 2008, 12:13 pm
Crap

Friday October 3, 2008, 12:45 pm
And now...Bush Rushes to Sign Bailout - Now His Business Pals' Butts Are Covered

Friday October 3, 2008, 1:00 pm
I am crying with you Cate.

Friday October 3, 2008, 1:01 pm
I just sent letters to my state senators who stood fast againt the sellout...oops...bailout. Easty to understand how I might have made the mistake,'eh? Thank you, Cate, we all knew it was going to go down this way...we haven't been heard by many people on the Hill for a long, long tme.

Friday October 3, 2008, 1:39 pm
I agree with Robert Marsh, why aren't these thief's paying for what they done? Recession get ready ! this is only the beginning .

Friday October 3, 2008, 2:18 pm
I called my rep in the House today. The moron voted yes last week. He voted yes again today. When I called the office the staff member told me there are no earmarrks that is just the media getting it wrong. She told me how it was for my own good. When I told her I know the truth and that it would do absolutely nothing to help me and only hurt me she got nasty and said, "Well, obvviously you have yur mind made up." I told her well, yes, that's why I'm calling. Then I told her why my miind is made up and why I am sooo against this.
My husband and I both have degrees. We both have over 20 years experience in the work force. My husband is C4 quadriplegic and needs attendant care to get up and go to work and go to bed. We paid for it ourselves for years and stayed at the poverty line once the medical care and supplies were paid. We cannot do that anymore and cannot find work. so now he is on Medicaid. They provide attendant care and medical for him only under the condition we take a vow of poverty and promise never to work or else we lose the assistance. Because of a federal law passed in 1993 called the Medicaid Estate Recovery Program when my husband dies I have to pay the state back for EVERYTHING!!! Because we can't work we don't have money. So how do we pay it back? They take our home.
I told her we did nothing wrong. Our only crime was not making as much money as a Congressman. We have to pay back services we paid for out of our paychecks each time in taxes. These corporate SOBs play the market, take a chance and loose and I have to bail them out and they NEVER have to pay ANY of it back!!!! so yes, I am upset and my mind is made up. I have to set up a petition and try to get signatures and persuade the morons in congress to stop this!!! My Petition is
http://www.thepetitionsite.com/1/stop-congress-from-stealing-your-home

I told her I am paying for this twice, with my tax money and when the jerks that voted yes on this cut Social Security (but of course NOT corporate welfare) and reduce my husband's services.
She yelled at me and told me she doesn't want to hear this and was going to hang up on me. so I hung up on her.
My rep. is Democrat. The MERP bill was in 1993 under Clinton's watch. The bill was a tie and Al gore broke the tie and passed it. I hate Democrats AND Republicans! They are ONE party, the Money Party. Read Free Lunch by David Cay Johnston.
I supported Kucinich and I support Ralph Nader. We need to fire the scum who voted yes and vote third parties!!!! There are over 14 presidential candidates. Look them up. Get them in the debates!!!! Remember Obama and McCain voted YES to this BS!!!!
We need REAL change not just another slogan!!!!

Friday October 3, 2008, 2:24 pm

I can't begin to even describe my thoughts and feelings on this "Bailout" anymore...

I'll let the others describe as they are liable to do a much better job than me...

A new low for those congresscritters!

TY, Ombretta L.

Friday October 3, 2008, 2:24 pm

http://www.youtube.com/watch?v=Jr1g8r4Fi4U
Get to 1min 22 sec's....
This was the only solution.!!

The only thing as devastating as this bill
is if Palin become VP .... Listening to her winks and nods 4 years will force me to leave the country

Friday October 3, 2008, 2:31 pm
Read this story
Woman 90, shoots self in foreclosed home
http://www.care2.com/news/member/627573798/898815
Keep in mind the trash that voted yes in the House today was fully aware of this story becasue Kucinich told them about it before they voted.
That only makes them more worthless to the American people.
They have no souls.

Friday October 3, 2008, 2:44 pm

This has become the cess pool of America. All there too long living off the gravy train.
What a bunch of headless wonders. Grrrrrrrrrrrrrrrrrrrr

Friday October 3, 2008, 2:50 pm
Addie Polk, 90, of Akron, Ohio, became a symbol of the nation's home mortgage crisis when she was hospitalized after shooting herself at least twice in the upper body Wednesday afternoon.

On Friday, Fannie Mae spokesman Brian Faith said the mortgage association had decided to halt action against Polk and sign the property "outright" to her.

"We're going to forgive whatever outstanding balance she had on the loan and give her the house," Faith said. "Given the circumstances, we think it's appropriate."

Residents of Akron have rallied behind Polk, who is being treated at Akron General Medical Center.

U.S. Rep. Dennis Kucinich, D-Ohio, mentioned Polk on the House floor Friday during debate over the latest economic rescue proposal.

"This bill does nothing for the Addie Polks of the world," Kucinich said after telling her story. "This bill fails to address the fact that millions of homeowners are facing foreclosure, are facing the loss of their home. This bill will take care of Wall Street, and the market may go up for a few days, but democracy is going downhill."

Friday October 3, 2008, 2:50 pm
"It is done". As I watched to vote go down today, I kept flashing back to Jesus being crucified. It is done.
and then the powers that be asked "What have WE done?"
We have witnessed history today. We have lived history today and now must pay from our fears and trust in the "higher ups".
The people as sheep.

Friday October 3, 2008, 2:51 pm
I hope you can read through my typos.

Friday October 3, 2008, 3:22 pm
How can, plastering up the broken walls of the banking system, with an obscene amount of money, help the situation????The faults that caused this problem STILL EXIST...are there plans to rein in government expenditure??? are there plans to help the ordinary citizen?
How can you afford to maintain the wars, and overseas presence in so many countries????
You have an unmanageable amount of debt......and it is continuing to rise every day. IT MAKES NOT A BIT OF SENSE........
There are plans to bring in the Amero next year, the $US has to crash and burn first, for this to happen. The confidence in the $US and any investment products, has fallen lower than a snakes belly, both by your own countrymen and internationally.The $US is being dumped. Most of those in the KNOW,(your high fliers) changed over their $US cash over 3 years ago to other currencies.
All this does is give the bankers another pound of flesh....not only yours, but your children and grandchildren.You are being Royally shafted by those who are supposed to represent you. Even if you vote out the members who let you down, the bankers have got you by the short and curlies.....but the vast majority will get back in....the banks are on the gravy train again.

Friday October 3, 2008, 3:26 pm
In other words.....short term gain, for looooooooooong term PAIN....

Friday October 3, 2008, 3:51 pm
This crisis is a hard lesson in the foolishness of hanging your entire economy on Wall Street banks who don't know what the F--- they're doing.

Capitalism is broken.

Friday October 3, 2008, 4:30 pm
The Banks & the Mortgage houses KNEW EXACTLY what they were doing.

Friday October 3, 2008, 4:42 pm
The oligarchy....... I mean oilygarchy coup is now complete, prepare for the biggest systematic genocide of all life on Earth! This is proof of a lunatic fringe of the filthy, wealthy, money hoarders want the ultimate solution, which is death to everything.

Friday October 3, 2008, 4:52 pm
Who are we going to Bail out next?

Friday October 3, 2008, 4:54 pm
California, apparently...AH-nold is begging the feds for a bailout right now.

Friday October 3, 2008, 7:24 pm
What about the truly needy.What about our HOMELESS SOLDIERS,I am praying feverishly

Friday October 3, 2008, 8:41 pm
The collapse of an empire. This was the plan for the "new world order". This was no accident. The corporate elite have enslaved the people of America. A bloodless coup to render the constitution moot.

Friday October 3, 2008, 8:46 pm
TRUST ME, YOU ALL NEED GOD ON YOUR SIDE & YOUR CHILDREN & GRAND-CHILDREN WILL PAY FOR THIS FOR MANY YEARS, ITS VERY SAD & UNFORTUNATE.........

Friday October 3, 2008, 8:48 pm
http://www.care2.com/news/member/853400806/899144
Go find out how much the CEO's made in a year and you will be even more pissed off.
There is a link at the site I posted Very interesting indeed.

Friday October 3, 2008, 9:06 pm
Its really disgusting.

Friday October 3, 2008, 10:40 pm
Noted and thank you Cate, you are a jewel. This kind of reminds me of that Letterman rant of global warming or climate change..., as he repeats..."WE'RE SCREWED!!"....heh. No really, we aren't toast. Maybe sunburnt really bad, but not toast. Okay, well it will take a couple years for us to get our wind back, but the People will survive. I recommend wearing seat-belts throughout 2009, heh..., the ride might get a bit rough.

Much Love to all...Namaste, Dar

Friday October 3, 2008, 10:54 pm
Hell we were toast before this, I think we're headed for the compost pile now.... (just my humble opinion)

Friday October 3, 2008, 11:14 pm
Barf.

Noted, thank you Cate.

Saturday October 4, 2008, 12:01 am
But It's happen and signed

Saturday October 4, 2008, 1:40 am
THEY PASSED A BILL SO THEY CAN GET ON TO VACATION DID YOU ALL KNOW I LISTENED TO ALEX JONES AND HE HAD 2 US REPS ON WHO SAID THEY WERE THREATNED WITH MARTIAL LAW AND BUSH WOULD TAKE OVE(LIKE HE HASNT) IF THEY DID NOT SIGN THE HOUSE BILL GO TO www.infowars.com or www.prisonplanet.com chris

Saturday October 4, 2008, 6:05 am
Hey, we'll get OUR money back right? Just has soon has h_ll freezes over? I have never seen it that cold....

Saturday October 4, 2008, 1:07 pm
If you have life insurance cash it in now. Right now start the process, this is for real people, wake up to what's going on here. Here in Canada we have many people understanding what's happening and your life insurance if you have any isn't worth anything, it's something you all need to think about, don't pay a cent more, cash it in. Enjoy yourself right NOW, FOR REAL. You see it happening, we are alive for this **it, we happen to be here for all the crap going down. Research history and you will see a repeat of nazi crap, etc... We have been living in a dream world they created for us. It's fine that we now see it and it's all o-k. Feel good, get what you need from your money, what you need is the KEY. Not new wicked cars or wicked kitchens or wicked livingroom furniture, get what your family really needs and you all know what you need. They couldn't give a sh** about us, do you all see that coming that yet? :)

Saturday October 4, 2008, 2:14 pm
Corruption at its highest level!

Saturday October 4, 2008, 2:41 pm
McCain stated that he would veto any legislation containing pork that crossed his desk. He claims to be a Maverick and to put Country First. If all of those claims were true, he would have had the balls to vote NO. The whole basis of McCain's change campaign is that he would stand up to Washington. Apparently he only does that when it isn't politically dangerous.

Saturday October 4, 2008, 5:04 pm
The question now is what to do about it??? Obviously writing reps does NO good because they care much more about their campaign contributers than their constituents. Perhaps we should all use this year's "Buy Nothing Day" (Black Friday) as a way to protest our disapproval. It is not as scary as a national strike where too many folks would be afraid to lose their jobs. But it would show the power-elite we are not going to sit down and take it. Anything is better than bending over and taking it!!!

Saturday October 4, 2008, 5:19 pm

The second bailout was better, but still not a good deal. Voters need to check how their elected members of congress voted (see link attached to Cate's October 3 comment above), and remember this on election day.

Saturday October 4, 2008, 8:45 pm
ROFLMAO we've been betrayed!!!!! live from Babylon, er... Cincinnati Ohio

Saturday October 4, 2008, 9:42 pm
Cate,
I just don't know what to say any more. BARF!!!!!!!!

Saturday October 4, 2008, 11:50 pm
None of you get it. We the middle guys and you need this bailout. The only way to help us was to help them. In PA 50 year old stores and banks are closing and many small business. Banks Lending money for middle class families has stopped. Good Jobs are hard to find - What is wrong with you people - do you follow Oprah as well? Even the Hershey Plant that as been here forever is moving to China - these jobs are not coming back. Oil, wind and solar energy will produce jobs, much needed jobs everywhere. You will be sorry if you vote for Obama - you have no idea how bad it will get - You need to start to do some research on the web and find the real truth about Obama and Oprah and all the Anti-American and Iranian Regime who supported him and stop listening to all the Media - Voting for Obama means more government control - do you really know what that means.
Highers taxes - we cannot afford what we are paying now.

Sunday October 5, 2008, 8:36 am
I wonder if my grandparents felt this way about the hippie generation. We are out of control, and we have either been invaded by Aliens, or we need to be.

Sunday October 5, 2008, 12:04 pm
So Charlene -

The current administration and their band of thugs has had nothing to do with the current mess we are in now, and have been in for quite some time?

Sunday October 5, 2008, 1:26 pm
i'm sick of what's happened. this effects us all, and our children, and grandchildren. i did see, Calli's request for a bailout, next in line....thanks, Cate.

Sunday October 5, 2008, 3:29 pm
Charlene, if the bailout was ever intended to help even one middle class family it would have been transparent, simple, and cost half as much.
Imagine this Charlene...
49B would pay-off every foreclosure in the USA
A stimulus check to every legal US Family in the amt. of 500,000 or more would stimulate; your mutual funds, stock market, retail, and most importantly the banks where citizens keep it for safety.
While sitting in those banks the banks once again would have money to lend.
US Citizens would be creating Wind, Solar, and new green energy supplies.
The middle class are the only class in history that have lent a hand to poverty and countries less fortunate.
Imagine what 700B or 651 B ( less the foreclosure payups) would do for US Health Care, that is bankrupting 45 percent of even the wealthier americans.

This is a scam. and Charlene you beter brace yourself for the reality that will be following soon.

Sunday October 5, 2008, 4:17 pm
European countries and their Governments also posting bank bailouts vow to punish the crooks and those that were at the helm. Unlike USA that promotes these crooks to higher authorities and govt. post.

Sunday October 5, 2008, 5:04 pm
For thirty years I have voted dem and reb. For30 years It has not worked. I am voting independent this year because both are wrong. I will set a new course for myself and hope you join me. For 30 years I have been lied to by both sides. No more for me. No more war no more lies just no more. Peace be with you.