Start A Petition

Most Say Tomato, But Some Still Say Tomah-Toh on Bailout


Business  (tags: Congress, bailout, Republicans, Democrats, Barney Frank, Chris Dodd, golden parachutes, Bush )

RC
- 3889 days ago - online.wsj.com
Apparently both houses of congress have reached a substantial agreement on a "modified" Wall Street bailout plan...but there are some Republicans who deny there is a bipartisan deal. Straight from the Wall Street Journal...



   

We hate spam. We do not sell or share the email addresses you provide.

Comments

RC deWinter (418)
Thursday September 25, 2008, 11:38 am
Oh well...no matter what they're up to it will eventually come out of our hide. I think I'll register as an Independent for the future...it doesn't matter who sits where anymore, folks, really...
 

Blue Bunting (855)
Thursday September 25, 2008, 11:58 am
And don't forget Warren Buffet is an "economic adviser" to that candidate. And he wants Robert Rubin, another former Goldman Sachs employee, to replace Paulson if he wins.

The sad thing is the banks knew many of these loans were fraudulent and wouldn't be paid back but they also knew the lobbyists they hire would make sure they're protected. The amount of fraud and illegal activity was unbelieveable - most people wouldn't even be able to comprehend it. And when the people find out about this, and I'm not sure they ever will find out because everyone is too scared to speak out about it, they are going to be angry and everyone in congress will say "but they told us the world was ending and we beleived them" so that they aren't blamed for it.

And Americans reallly believe our system is "on the brink of collapsing" any day now. Just like we were "days away" from being attacked by Iraq.
 

Estella Ameigh (22)
Thursday September 25, 2008, 11:59 am
Well at least congress can block it if it is unhappy. Isn't that nice to know. Too bad that we the people could not have stopped it in the first place. We already are unhappy about it. Oh well, they will NEED us to pay for it - or have they forgotten that too???? The screw is getting rusty OUCH!
 

Joycey B (750)
Thursday September 25, 2008, 12:01 pm
Noted with disgust. Thanks Cate.
 

RC deWinter (418)
Thursday September 25, 2008, 12:04 pm
I believe that the America I knew and (mostly) loved as I was growing up is dead and buried, and I find myself in a strange new world that I don't like or respect very much. The actions of this government over the last several years on both sides of the aisle have convinced me that we really don't matter...the ballot boxes will be stuffed according to plan, the weak will be winnowed out and the middle will be crushed to poverty or killed in combat cloaked in the flag but essentially meaningless except to the military, the shadow government and the contractors who suck the lifeblood out of our budget along with the scum-sucking big shots who run Wall Street and the banking industry...an endless cycle in which we cannot advance and are lucky if we can hold on at all...I am so disgusted by the events of the last 8 or 9 months especially that I am going to stop listening to all political speeches, pronouncements from this fascist government and only post news about things that really are meaningful to me...this government just isn't anymore.
 

Marian E (152)
Thursday September 25, 2008, 12:11 pm

Thank you Cate, and I agree that things have gone to hell and other than
screaming a lot, there doesn't seem to be anything we can do legally.

Please don't stop posting political and/or Govt. news though, we do need to
know what they're up to simply as a possible matter of survival.
 

Pamylle G (458)
Thursday September 25, 2008, 12:11 pm
Betrayed again by Congress ! The lines between Big Business & Goverment become murkier & murkier. What's that bumpersticker I see all the time ? "Love my country, but I fear my Goverment".
 

Joan Mclaughlin (133)
Thursday September 25, 2008, 12:21 pm
Noted and am passing it along
 

Dusty K (1339)
Thursday September 25, 2008, 12:43 pm
America has gone to hell in a handbasket.
 

Michele DiGiorgi (320)
Thursday September 25, 2008, 12:46 pm
TY so much Cate for this article, this is so noted. I would like to add something to my comment, that I received from a friend, Tim R. pertaining to this topic, if you will, TY.

I got this email from Tim just a short while ago:

Members of Wall Street are pointing fingers, the FBI has
started investigations, FED Chairman Bernanke is acting like a
unshaven homeless beggar with the shakes, Treasury Secretary
Paulson is asking Congress to start a Nationwide Chipin... and
the world is watching it all.

While America is distracted trying to see who is pointing at
who to blame, the members of the Freedom Movement all slowly
turn our heads and extend our finger and point to the problem
we have been screaming about for years... THE FEDERAL RESERVE!!!

Ron Paul said today, "The claim that the market caused all
this is so staggeringly foolish that only politicians and
the media could pretend to believe it. But that has become
the conventional wisdom, with the desired result that those
responsible for the credit bubble and its predictable
consequences- predictable, that is, to those who understand
sound, Austrian economics - are being let off the hook. The
Federal Reserve System is actually positioning itself as the
savior, rather than the culprit, in this mess!"

The Republican elite could have had their solution ride in on a
white horse if they grew a spine and opened their ears and
opened their doors to Ron Paul, but now they will be forced to
stand in breadlines with the rest of us as we throw piles of
cash into our furnaces to keep warm this winter.

NOW IS THE TIME TO STRIKE WHILE THE IRON IS HOT.

The national dialogue on every news network, in every newspaper,
on every radio show is revolving around the bail out. Only a
small few have stepped up and pointed at the FED as the source
of the problem.
Join us in the national protest to END THE FED on November 22nd
by visiting and signing up at http://EndTheFED.us
Share the video link that exposes the Federal Reserve as a PRIVATE
Bank FROM THEIR OWN MOUTH: http://MeetTheFED.com

Tell Your Representative and Senators to Vote NO on the $700
Billion Bailout Proposal

September 23, 2008: Congress is poised to vote on an unprecedented
$700 billion Wall Street bailout bill late this week.

Congress must decide between:

* Voting NO and allowing the free market to liquidate
bad debts and unviable companies through allowing
market prices to prevail; or
* Voting YES and empowering the Treasury Department and
Federal Reserve to provide bailouts for troubled
financial institutions with $700 billion (more likely
trillions of dollars) created out of thin air, leading
to rampant inflation of the dollar at best and the
destruction of the dollar at worst.

Take Action! Email and/or phone your representative and
senators immediately:
http://capwiz.com/jbs/utr/1/BCZAJFRSVR/HFBUJFSNRQ/2422893266
Tell them to stand up for the Constitution, the free market,
and the dollar by voting NO on the $700 billion Wall Street
bailout bill.

Take Action! Visit your congressman's local office this
Thursday (September 25th) in opposition to the $700 billion
Wall Street bailout bill and to help get the ball rolling to
End the Fed.
http://capwiz.com/jbs/utr/1/BCZAJFRSVR/GQYRJFSNRR/2422893266

Tell your representative and senators to stand up for the
Constitution, the free market, and the dollar by voting NO
on the $700 billion Wall Street bailout bill.

TY for letting me share, Cate. Hope all will pay close attention to this, I know I am writing my Reps, and asking them to vote NO!

Blessings to all,
FreeSpiritRunning...

 

Barry Seth (118)
Thursday September 25, 2008, 12:57 pm

Apparently our elected members of Congress are not listening to their constituents. It is time to tear it all down, throw everybody out, and start all over again from scratch.
 

Margi L (129)
Thursday September 25, 2008, 1:26 pm
I so agree with you all. When 94% of Americans oppose this bailout and our "representatives" in Congress still push it through, we have to face the facts. This is not a democracy and they aren't representing us. Every incumbent needs to be voted out in this election and the next. Get rid of this incestuous Congress. They're all in bed together.
 

Carol W (119)
Thursday September 25, 2008, 2:33 pm

I am glad to see that I am not alone in my disgust, disappointment, disapproval, and want to turn off the BS politics.
This is another in a growing line of our betrayal by this new Government.
 

Past Member (0)
Thursday September 25, 2008, 3:14 pm
Love you. Louise B.
 

Carolyn T (234)
Thursday September 25, 2008, 3:27 pm
Note. LOL, Cate, I did register as an Independent...for all the good it will do. You are right...doesn't matter...we don't have a seat at anyone's table. Excuse me but I am bloody tired of faxing, calling, emailing, writing letters, going to local meetings, and looking around to find that most of the people around me have a "glazed" expression...and I think they still just don't get it! And, folks, I am not claiming to be the sharpest knife in the drawer! I cannot tell you how many people I heard lauding Bush today...my shoulders sagged. Tomorrow, I will get back in the fray...what else can I do? But tonight...stick a fork in me because I am done to a crisp. Thank you, Cate.
 

Past Member (0)
Thursday September 25, 2008, 4:14 pm
TY what a mess grrrrrrrrrrr
 

Linda H (199)
Thursday September 25, 2008, 7:37 pm
Noted,Thanks,Cate. You know I am so weary of all this and we are not the county we once were. No,To let big business getaway with all they do. What is the government but big business. So it all figures the government wishes to bail them out!!! Why not help the little people instead it would cost less. Oh,Did all these companies have to fill out the multitudes of paper work proving you truly need the money???? I ask you??? Is Any of this fair? But I guess that is not is not what it is about.
 

Suruna WTF (38)
Thursday September 25, 2008, 10:12 pm
This whole scenario is so diabolical. I find myself in shock, not exactly, but it feels that way. I guess, additional to my own emotional responses, I tend to pick-up on the 'flavor' of mass perception. I find it tragic that so many of US are so easily manipulated. (Not here, friends, but the greater US)

Therein may be a crucial/poignant point. If we're attacked, which this seems to be indicating, let us find a way to circle our wagons.
 

Denice G (45)
Thursday September 25, 2008, 10:39 pm
Huge big expensive mess that we didn't make, but that we will pay for. It just stinks. What a bunch of crap.
 

CHRISTIAN RYAN (11)
Friday September 26, 2008, 1:50 am
WOULD YOU BUY USED CARS FROM THESE CROOKS??????????????CHRIS
 

Brenda H (29)
Friday September 26, 2008, 4:36 am
ROYALLY SCREWED "AGAIN" BY OUR???? GOVERMENT!! THANKS CATE!
 

Blue Bunting (855)
Friday September 26, 2008, 5:21 pm

McCain Campaign Declares: McCain Wins Debate. WHAT!? By
Obama Soldier 26 Sep 2008 So, Remember, how until today 11 am ET, McCain was not going to Debate until the deal went through? Well, if you needed more proof of this blatant political stunt, McCain campaign has web ads out saying he has won the Debate...BEFORE the debate has even happened.

So:

1.) McCain planned to attend the Debate all along.

2.) McCain pulled his stunt not only for Political Reasons but because his Campaign was going to the sh*tter.

3.) He took the MSM narrative away form the dreadful Palin-Couric interview and from the ties of Rick Davis (his campaign manager) to Fannie and Freddie Mac...

 

Merry L (74)
Tuesday September 30, 2008, 8:42 pm
Great comments my friends. Does anyone really still believe in "our" gov't?
I for one have known for a long time-only the "owners" benefit.
 
Or, log in with your
Facebook account:
Please add your comment: (plain text only please. Allowable HTML: <a>)


Track Comments: Notify me with a personal message when other people comment on this story


Loading Noted By...Please Wait

 


butterfly credits on the news network

  • credits for vetting a newly submitted story
  • credits for vetting any other story
  • credits for leaving a comment
learn more

Most Active Today in Business





 
Content and comments expressed here are the opinions of Care2 users and not necessarily that of Care2.com or its affiliates.

New to Care2? Start Here.