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Text of Draft Proposal for $700 Billion Bailout Plan
me | September 20, 2008 | White House

Posted on 09/20/2008 10:17:51 AM PDT by Fox_Mulder77

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To: Fox_Mulder77
And the people who brought this about, govt. and private, will continue to live in their multi-million dollar houses with matching lifestyles. They'll just move on to their next multi-billion dollar screwup.

Isn't amazing how the left squeals like stuck pigs at the prospect of spending a few billion on the military, but giving away hundreds of billions on failed housing subsidy schemes is SOP!

61 posted on 09/20/2008 11:56:55 AM PDT by Excuse_My_Bellicosity (Liberals: can't live with them, can't ship them to Syria.)
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To: Fox_Mulder77

Pure and unadulterated thievery.


62 posted on 09/20/2008 11:58:20 AM PDT by RKBA Democrat (Lord Jesus Christ, Son of God, have mercy on me, a sinner!)
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To: Jim Robinson

Hmmmh! 700 billion - Isn’t that the same amount the democrats give to our enemies overseas when they refuse to drill for oil. The 700 billion bailout is tragic. I’d like to see those people who got loans they were incapable of paying, tossed out on their butts with their household belongings right behind them. Put a lot of those lawmakers?, lawyers snarks, ceo’s, mortgage officers, etc. in jail for a very long time. Its time to VOTE THEM ALL OUT OF OFFICE!


63 posted on 09/20/2008 11:58:55 AM PDT by yorkie01
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To: Jim Robinson
The “cure” appears to be worse than the disease. Let ‘em die. They’re rotten to the core anyway. We may suffer in the short term but we’ll survive and be stronger for it. Long live the Republic!

I agree..... I can't help but feel this thing is taking us down a fascist road.... and how many congressmen have the fortitude to stand against this?!?

64 posted on 09/20/2008 11:59:28 AM PDT by Fox_Mulder77
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To: Jim Robinson

on Bloomberg also:

http://www.bloomberg.com/apps/news?pid=20601087&sid=aS7kIVsK77hs&refer=home


65 posted on 09/20/2008 12:02:48 PM PDT by Vn_survivor_67-68 (CALL CONGRESSCRITTERS TOLL-FREE @ 1-800-965-4701)
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To: Jim Robinson
And prosecute the corrupt thieves and congressmen involved. Lengthy prison terms for the guilty are in order.

BINGO!

66 posted on 09/20/2008 12:03:39 PM PDT by Fox_Mulder77
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To: yorkie01

I believe it’s mainly the Democrats blocking the drilling. I say vote THEM out of office! It’s also mainly the Democrats robbing the Fannie/Freddie cookie jars and cooking the books. Vote THEM out and prosecute the thieves and bribe takers! Starting with Senator Dodd!


67 posted on 09/20/2008 12:04:41 PM PDT by Jim Robinson
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To: Fox_Mulder77

Fascism, pure and simple. This is not hyperbole. This needs to be killed with extreme prejudice. If this passes, I implore everyone to move ALL liquid assets OUT of America.


68 posted on 09/20/2008 12:12:17 PM PDT by M203M4 (True Universal Suffrage: Pets of dead illegal-immigrant felons voting Democrat (twice))
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To: Fox_Mulder77

This is going to lead to thievery beyond any comprehension.

They need to release all of the convenience store and bank robbers right now. Why? Because the guys doing this will never see a jail and they are going to make off with every dime in America.

Further the government must now be assumed to be more corrupt than the government of Mexico.


69 posted on 09/20/2008 12:12:46 PM PDT by Hawk1976 (It is better to die in battle than it is to live as a slave.)
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To: M203M4
This needs to be killed with extreme prejudice

I'm calling the Financial Services Committee Minority office first thing Monday morning to find out where the Republicans stand on this thing......

70 posted on 09/20/2008 12:17:51 PM PDT by Fox_Mulder77
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To: Jim Robinson
And prosecute the corrupt thieves and congressmen involved. Lengthy prison terms for the guilty are in order.

We need to keep this drumbeat up. This is not socialism. It is African style crony capitalism. The diseases of Norway and Denmark are not the diseases of Zimbabwe, Nigeria and the Congo.

The worst part of this is that we bail out one set of crooks and then hand the acquired assets over to another gang of wall street crooks who are engaged to act as "agents" of the government. The last thing these corrupt crooks want to do is to be put on civil service salaries.

71 posted on 09/20/2008 12:18:25 PM PDT by AndyJackson
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To: Jim Robinson

I think McCain could assure his election IF from now to election day he screamed about about abolishing the 50-mile and ANWR restrictions.....I don’t think he will, though.


72 posted on 09/20/2008 12:18:54 PM PDT by Vn_survivor_67-68 (CALL CONGRESSCRITTERS TOLL-FREE @ 1-800-965-4701)
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To: Fox_Mulder77
the Secretary shall report to .... Ways and Means of the House of Representatives

Chuck will get right on protecting us. Has he found a parking place for his Mercedes.

73 posted on 09/20/2008 12:22:02 PM PDT by AndyJackson
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To: Fox_Mulder77

All this proves to me is that the banking system, as we know it, is dead and gone. If the federal gov’t needs the kind of power that designates private banks as “agents” for the federal government, then the reality of the situation is probably this:

1. The system has already blown up.

2. As long as “money” can circulate through the credit markets, institutions can remain standing on thin air while the government assimilates these institutions under their wing of “protection”. The gov’t will simply override the effects of a total collapse by discouraging panic and artificially injecting trust into the system.

3. But really, the banking system has effectively evaporated. At least that’s what this bill tells me. If it’s not gone, this is the greatest power grab of the executive branch since the CIvil War and the quality of our representative republican form of government just got downgraded like AIG.


74 posted on 09/20/2008 12:25:03 PM PDT by Rutles4Ever (Ubi Petrus, ibi ecclesia, et ubi ecclesia vita eterna!)
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To: Rutles4Ever

IMO it is rapidly becoming advisable to have a horde of actual cash in the mattress, because the universe of possible October surprises is much wider than we think.


75 posted on 09/20/2008 12:30:16 PM PDT by Vn_survivor_67-68 (CALL CONGRESSCRITTERS TOLL-FREE @ 1-800-965-4701)
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To: Rutles4Ever
But really, the banking system has effectively evaporated. At least that’s what this bill tells me.

That's precisely what has happened.....

76 posted on 09/20/2008 12:34:10 PM PDT by Fox_Mulder77
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To: Vn_survivor_67-68
IMO it is rapidly becoming advisable to have a horde of actual cash in the mattress

Not cash..... the value may drop and we may end up paying $100 for a candy bar....

77 posted on 09/20/2008 12:38:22 PM PDT by Fox_Mulder77
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To: goldstategop
In plain language, the guy who holds the mortgage to your home and business is Uncle Sam.

These are the same people who brought us the IRS.

78 posted on 09/20/2008 12:39:13 PM PDT by P-Marlowe (LPFOKETT GAHCOEEP-w/o*)
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To: goldstategop
In plain language, the guy who holds the mortgage to your home and business is Uncle Sam.

Uncle Sam: "And personally, I don't care!"

79 posted on 09/20/2008 12:39:41 PM PDT by EGPWS (Trust in God, question everyone else)
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To: Fox_Mulder77
Whew hew....lets spend our way outta financial trouble.

What a lousy failure this congress and white house has been.

Damn, I can't wait till Bush puts that pen down.

80 posted on 09/20/2008 12:41:17 PM PDT by servantboy777
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