Bush signs economic bailout bill

AFP via Google News ^ | 2008-10-03

[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.

[wolfcreek]

“Bush has trampled on the Constitution.”

This whole thing makes me want to vomit.

(are we starting to sound like Dims?)

[South40]

Further cementing his place in history as one of the worst presidents this country has ever had.

[freekitty]

What wallet. They depleted mine.

[Ron H.]

Hang on to your wallets.

Maybe that should be bend over and grab your cheeks becaause here it comes like it or not.

[ezo4]

I think I will read this book yet again and take more notes

[trumandogz]

Bush makes FDR look like Ayn Rand.

Bush is the Biggest Socialist to Ever Live in the White House.

[DBrow]

I thought spending and funding bills must originate in the House.

Given that, shouldn’t the “bailout” spending bill go back to the senate under a new name, and get voted on by the senate, as is spelled out in the constitution?

I was told that the reason the House could not modify the Senate bill in any way was because of this.

[KriegerGeist]

"The Democrats have saved their campaign contributors"

Not to mention Barak Hussein Obama's campaign staff and managers Jim Johnson, Frank Raines and others.

[rabscuttle385]

Folks, if this is what we get under Bush, imagine what we'll get under McCain!

And yes, I realize that Obama will be no better.

[stockpirate]

The framers of the US Constitution wrote another document for just this type of situation, it’s called the:

Bill of Rights.

We now are slaves to the government.

[Mojave]

Folks, if this is what we get under Bush, imagine what we'll get under McCain!

Just damn...

[Ron H.]

Well I guess I can default on all my loans and expect them to bail me out too.............NOT!

I know you're saying this in jest but I bet you a dollar to a doughnut that will start to happen all across america. The thinking will likely resemble, "why not, Uncle Sam will bail out the credit card companies like they did Wall Street".

[meandog]

“”We have acted boldly to help prevent the crisis on Wall Street from becoming a crisis in communities across our country,” Bush said after the House approved the bailout by a vote of 263-171, reversing its rejection of the bill earlier in the week that sent world stock markets reeling.

[Red in Blue PA]

Market down over 1%.

Great job DC. Way to rescue us!/sarc

[trumandogz]

I see BDS is alive and well.

Yes it is and BDS Stands for:

BUSH is a DAMN SOCIALIST

[McGruff]

Financial Security in our Time

[Terpfen]

BDS indeed.

We don’t LIKE the bailout bill, but that doesn’t mean it’s unconstitutional. Please point out the relevant text in the Constitution that supports your opinion.

Until then, please stop batting around hyperbole.

[omega4179]

I hope the dems investigate him for war crimes lol.

[meandog]

Whoo-pee we're saved. heavy sarcasm

[tonyinv]

YES WE CAN!!!!!!