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Bush signs economic bailout bill
AFP via Google News ^
| 2008-10-03
Posted on 10/03/2008 12:28:50 PM PDT by rabscuttle385
WASHINGTON (AFP) US President George W. Bush on Friday signed a mammoth economic rescue package aimed at saving troubled US banks and easing a credit crunch that he warned could spell disaster for the US public.
After campaigning for the bailout for two weeks and courting reluctant lawmakers in person and by telephone, Bush signed the Emergency Economic Stabilization Act of 2008 before leaving Washington for the weekend.
(Excerpt) Read more at afp.google.com ...
TOPICS: Business/Economy; Front Page News; Government; News/Current Events
KEYWORDS: 110th; bailout; biggovernment; billsigning; bush; bush43; bushtruthfile; corruption; dumbass; ihatebush; mccaintruthfile; obamatruthfile; rino; socialist; term2; traitor; unconstitutional
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To: Terpfen
Oooh, good job with the acronym Big big boy!
181
posted on
10/03/2008 2:00:19 PM PDT
by
LiberalsSpendYourMoney
(Barry, you're more racist than 99% of Americans. And you're ugly.)
To: rabscuttle385
“Financial stability in our time.” (/chamberlain)
182
posted on
10/03/2008 2:01:58 PM PDT
by
NormsRevenge
(Semper Fi ... Godspeed ... Capitol Switchboard: (202) 224-3121)
To: dragnet2
183
posted on
10/03/2008 2:03:07 PM PDT
by
Hurricane Bruiser
("Don't steal, the Government hates competition" Ron Paul's office desk sign)
To: epluribus_2
Your kids will tell you all about it after they get home from our patriotic schools. More likely they will stay quiet and report their parents to the government contacts given to them by their teachers.
184
posted on
10/03/2008 2:03:19 PM PDT
by
Harrius Magnus
(LIBERALS: We should invade their countries, kill their leaders and convert them to Christianity.)
Comment #185 Removed by Moderator
To: sf4dubya
I think the most patriotic thing we can do right now is cancel our credit cards. Actually this would be an interesting time to max em out. Get ready for some serious inflation.
186
posted on
10/03/2008 2:07:21 PM PDT
by
Centurion2000
(McCain/Palin 2008 : Palin the Paladin 2012)
To: rabscuttle385; Lazamataz
Some of us were warning about this a long time ago. That Bush was going to be a disaster for America.
Some of us were even banned from this forum for articulating as much.
Today, I do not return to gloat. There is no gloating possible regarding this, the biggest FUBAR of legislation that has happened in living memory, at the behest of George W. Bush.
I can only pray that maybe... maybe... if not our own generation then the one that might yet follow after us, might at last learn from such folly.
To: rabscuttle385
This is all a bad dream. I wake up tomorrow and Bush signs McCain’s Tax Slashing Growth Bill
- cap gains taxes ZERO
- treatment period reduced to four months
- corporate tax rate indexed to the lowest of the top 50 industrialized nations
- $10 million investment tax credit through 4/15/09
- SarBox repealed.
- Reg FD penalties; first offense 5 years, second offense 10 years, third offense life
- repeal of options “expensing”
188
posted on
10/03/2008 2:16:29 PM PDT
by
Sunnyflorida
(Unless you are nice and thoughtful you will be ignored. Write in Thomas Sowell.)
To: Red Badger
Bill past at 10,730 on the DOW
189
posted on
10/03/2008 2:19:03 PM PDT
by
Sunnyflorida
(Unless you are nice and thoughtful you will be ignored. Write in Thomas Sowell.)
To: Deo volente
Hank Paulsons in charge now. The Treasury Secretary has almost unlimited powers over the nations economy now. Actually, I don't think anyone is in charge, now. The train is rolling downhill and neither Paulson, Bernanke nor Bush nor Congress (which is clueless) can stop it.
The next time it stops will be at a station called "collapse of US government finances". The debts and liabilities which the Fed and US Treasury have taken on will do little to fix the liquidity issue but will have long term consequences for the dollar, our debt and our ability to service it, I think.
To: Digger
I serious here. I am rethinking moving out of the US. My wife won't like my hot & humid move but this last 60 days is just the beginning of the end. DC is so corrupt that its only salvation is a total clear out, which ain't gonna happen. I used to think that as well but when I started thinking where I'd move to I couldn't think of a another country that would do. Maybe now I had better start rethinking that before I end up circling the drain with the rest of America in a few years.
191
posted on
10/03/2008 2:23:33 PM PDT
by
Ron H.
(October 3, 2008 - the day we morphed into the 'United Socialist States of America')
To: Ron H.
I used to think that as well but when I started thinking where I'd move to I couldn't think of a another country that would do. Maybe now I had better start rethinking that before I end up circling the drain with the rest of America in a few years. Australia is sounding pretty reasonable these days...
192
posted on
10/03/2008 2:24:39 PM PDT
by
TChris
(So many useful idiots...)
To: cripplecreek
“I used to have a dog that would pee all over himself in excitement and anticipation.
Dont know why that comment seems so appropriate.”
Was it named Paulson?
193
posted on
10/03/2008 2:28:17 PM PDT
by
tanuki
(Summum ius summa injuria. (The more law, the less justice))
To: dubie
Yep, you're right.
And just like before
Selling out America and giving into the democrats.
194
posted on
10/03/2008 2:29:56 PM PDT
by
dragonblustar
(Once abolish the God, and the government becomes the God - G. K. Chesterton)
To: sf4dubya
I’m knocking about $400 a month off my balances... I got serious about my debt/spending problem in July. I hope its not too late. It probably is.
BTW, the govt will never give you the advice you just gave. It will be like when terrorisn was the watchword and they made the airports into mini-gulags, but they were like “fly everybody, come on, fly!” I figured if it was so dangerous I needed to be strip searched and take my shoes off, it would be more patriotic for me to stay OUT of the airports so I wouldn’t be in the way.
195
posted on
10/03/2008 2:33:47 PM PDT
by
ichabod1
(You won't know communism is here until it puts a boot in your derriere.)
To: Hurricane Bruiser
My compliments.
196
posted on
10/03/2008 2:35:03 PM PDT
by
Ron H.
(October 3, 2008 - the day we morphed into the 'United Socialist States of America')
To: TChris
Australia is sounding pretty reasonable these days... I almost moved there when I got out of the Army back in '71. But they have very harsh laws banning guns. That now turns me off so I need to look elsewhere.
197
posted on
10/03/2008 2:39:25 PM PDT
by
Ron H.
(October 3, 2008 - the day we morphed into the 'United Socialist States of America')
To: stockpirate
We now are slaves to the government. Don't worry! Our descendants will be able to make a claim for reparation in a 150 years or so.
198
posted on
10/03/2008 2:42:44 PM PDT
by
Road Warrior ‘04
(Kill 'em til they're dead, then kill 'em again!)
To: ichabod1
Because theyve got credit rating tied to insurance, employment, healthcare, and everything else they can think of. But if about 15-20% of the populace did that then those things would change.
199
posted on
10/03/2008 2:44:19 PM PDT
by
Ron H.
(October 3, 2008 - the day we morphed into the 'United Socialist States of America')
To: Bushbacker1
To self and others, my screen name can’t be changed or can it? I can at least change my tagline.
200
posted on
10/03/2008 2:48:21 PM PDT
by
Road Warrior ‘04
(President Bush has let me down! Palin in 2012!)
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