Posted on 09/29/2008 11:43:59 AM PDT by quesney
The people have spoken. A huge segment of Americans realized that the corruption in the market and the Government better listen. Bush, wake up. This guy has been in a coma far to long.
well the dollar is a lot stronger now and crude is down. yes the dow went down but remember that most of that drop was inflation and not real.
Ok, someone help me here. They had $700B to throw at the bailout. Now it’s not happening. Is the $700B a surplus? Where does it go now?
Don’t count those chickens yet. On several other threads I said:
It was all a ploy. Now the republicans have an “excuse” for voting “yes”. “I had to do it. Otherwise there would have been a total meltdown.”
With the country two steps away from losing faith in our financial system, was this a good idea to vote down this bill? Personally I’m thinking about heading to my local bank to withdraw my funds before the runs begin.
“this is a gigantic opportunity for mccain. he and the house republicans can take the lead.”
amen.
but, if these proposals are put forth, you can bet that the “mainstream media” will badmouth them as tax breaks for the rich, windfalls for the rich, benefits for the rich; they will scream racism and the left will stir up dissatisfaction and foment revolution as they usually do.
we are living in dangerous times and these obviously far-left democrats will exploit them to the hilt.
(may the house republicans stand up further and offer healthy economic proposals for a disease planted by the left-wing revolutionaries of the congress.)
IMHO
Does anyone know if there is a place to go to see how each congressperson voted? Thanks.
Be afraid, be very afraid!
I have to admit i really don’t understand this whole thing.
But I’d be willing to take some hard economic hits to avoid the slippery slope to socialism.
Don’t count those chickens yet. On several other threads I said:
It was all a ploy. Now the republicans have an “excuse” for voting “yes”. “I had to do it. Otherwise there would have been a total meltdown.”
“Personally I’m thinking about heading to my local bank to withdraw my funds before the runs begin.”
A wee bit Chicken Littleish don’t ya think?
I believe that, it’s all a show, tonight when we’re asleep they’ll pass a new one complete with ACORN money, they have no guts ...
“Calling Walter Williams!”
“With the country two steps away from losing faith in our financial system, was this a good idea to vote down this bill? “
We may have a run on the banks, which I think the FDIC can handle. What would have happened if the feds had dumped a $trillion into circulation?(I don’t believe it would have stopped at $700 billion. The govt always underestimates the cost.) A run on the dollar, that’s what. A collapse of the currency would have been far worse than a run on the banks.
No.
All in all we are probably screwed no matter what action is taken or not taken by the Congress. I think we are one step away from a general panic by the public and yep there will be lines at the banks.
YES...That is what they need to do. What is really sad is that all of this time has been waisted this bill. They really needed to be working on a good bill.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.