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Bailout passes Senate (74-25), House foes soften
AP on Yahoo ^ | 10/1/08 | Julie Hirschfeld Davis and Charles Babington - ap

Posted on 10/01/2008 7:03:46 PM PDT by NormsRevenge

WASHINGTON - After one spectacular failure, the $700 billion financial industry bailout found a second life Wednesday, winning lopsided passage in the Senate and gaining ground in the House, where Republicans opposition softened.

Senators loaded the economic rescue bill with tax breaks and other sweeteners before passing it by a wide margin, 74-25, a month before the presidential and congressional elections.

In the House, leaders were working feverishly to convert enough opponents of the bill to push it through by Friday, just days after lawmakers there stunningly rejected an earlier version and sent markets plunging around the globe.

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Business/Economy; Crime/Corruption; Extended News; Government; Politics/Elections
KEYWORDS: 110th; bailout; senate
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To: Nervous Tick

They see a cash cow and latch on their pet projects to an EMERGENCY bill!! Now who’s playing politics with this!!


21 posted on 10/01/2008 7:12:47 PM PDT by Antoninus II
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To: Antoninus II

While I think mental health should be covered, how can the government force insurance companies to provide coverage? What kind of country are we living in?


22 posted on 10/01/2008 7:12:51 PM PDT by nobama08
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To: NormsRevenge

I know a lot of people didn’t like the original bill. But the more they work on this bill the worse it is going to get. Now they are adding huge programs because, compared to $700 billion, it’s nothing.


23 posted on 10/01/2008 7:13:41 PM PDT by SlapHappyPappy
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To: NormsRevenge
It sounds as if the "bail out" bill is turning into a Pork Bill.


24 posted on 10/01/2008 7:14:02 PM PDT by etradervic (America needs a hero - McCain '08)
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To: NormsRevenge

Buncha jerks. There’s money to be had, and We The People are just a nuisance to be knocked out of the way...

The government hasn’t worked for Regular Joe American for a long time.


25 posted on 10/01/2008 7:14:53 PM PDT by Alien Gunfighter (Secular Misanthropist)
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Senate Majority Leader Harry Reid (D-NV) speaks to reporters in the Capitol after a vote on the economic rescue package in Washington October 1, 2008. With Reid from left are Senator Chris Dodd (D-CT), Sen. Judd Gregg (R-NH and Sen. Mitch McConnell (R-KY). The Senate passed a sweetened $700 billion financial rescue plan and will now send it to the House of Representatives. REUTERS/Kevin Lamarque (UNITED STATES)


26 posted on 10/01/2008 7:15:37 PM PDT by NormsRevenge (Semper Fi ... Godspeed ... Capitol Switchboard: (202) 224-3121)
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To: etradervic

Wooden arrows??


27 posted on 10/01/2008 7:16:14 PM PDT by Mad-Margaret (PALIN 2008 (and McCain))
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To: Texas4ever
Besides rhetoric. I am serious. You have to sit back and take a look at the situation. I am not for the bailout, but we will go down the tank quickly with this plan. You, me and your neighbors may not have a job, next week, our children may not have money for school. What do you want J. McCain to do....let it happen. The Dems are holding the cards....the game is you and I... JOHN AGAIN TAKES A FALL FOR HIS COUNTRY!!! DO YOU NOT UNDERSTAND THIS. COUNTRY FIRST!!! He has been saying this all along...The Democrats sold us out, they are holding us ransom...or else we will pay......hence vote yes or else....

Do you honestly think this spin is going to stick?

I'm getting sick of saying this: THERE ARE OTHER OPTIONS!!!!

Why should I continue to grant support to someone who just lied to me?

28 posted on 10/01/2008 7:16:35 PM PDT by Zeddicus
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To: NormsRevenge
Photobucket We would never do anything without the approval of the Senate. You assume too much.
29 posted on 10/01/2008 7:16:49 PM PDT by Tzimisce (How Would Mohammed Vote? Obama for President!)
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To: ilgipper

> Wow, apparently, I am getting better service from my Dem Senator than my GOP Senator here in Florida. Somehow, I am close to Bernie Sanders than my own Presidential candidate.

I am not sure. Just seeing Feingold and Sanders being opposed to the bill makes me believe that it can not be all bad.


30 posted on 10/01/2008 7:17:11 PM PDT by bluejay
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To: nobama08

“While I think mental health should be covered, how can the government force insurance companies to provide coverage? What kind of country are we living in?”

Quite frankly, pretty much a socialist one.


31 posted on 10/01/2008 7:19:09 PM PDT by Comparative Advantage
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To: NormsRevenge

The House will pass it this time. I believe that the only reason it didn’t pass the first time is that Pelosi didn’t want people to believe that McCaines presents in Washington would help get it passed, knowing that the Bill would come back to the House after the Senate approved it.


32 posted on 10/01/2008 7:19:13 PM PDT by RC2
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To: Dissident Cons Democrat

A list of “mavericks”


33 posted on 10/01/2008 7:19:30 PM PDT by jersey117
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To: NormsRevenge

Here is the email I sent one of my senators (who is up for election next month):

“Senator, we need to talk. You don’t seem to understand who you work for.

This morning I sent you an email explicitly telling you NOT to vote for the bailout. You ignored my instructions and voted for that pig.

Don’t be too surprised when I ignore your plea for my vote next month.

As you know, Senator, one hand washes the other.

Yours are dirty. Enjoy your unemployment.”

DO NOT VOTE FOR A SINGLE INCUMBENT NEXT MONTH!!!


34 posted on 10/01/2008 7:19:44 PM PDT by DustyMoment (FloriDUH - proud inventors of pregnant/hanging chads and judicide!!)
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To: Tennessee Nana

Me too; didn’t vote for Casey or Specter, but shamed nonetheless....


35 posted on 10/01/2008 7:20:10 PM PDT by Born Conservative (Visit my blog: Chronic Positivity - http://chronicpositivity.com)
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To: NormsRevenge

BOHICA

Bend
Over
Here
It
Comes
America...


36 posted on 10/01/2008 7:20:20 PM PDT by Dr.Zoidberg ("Shut the hell up, New York Times, you sanctimonious whining jerks!" - Craig Ferguson)
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To: Syncro

Has the bill been posted anywhere yet so we can read the pork associated with the “Rescue” plan? It would be interesting to see if there is any language in there that actually is directed toward the financial bailout, or if they had to take that out to make room for their own wants and desires.


37 posted on 10/01/2008 7:20:31 PM PDT by kempster
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To: demoskowitz

Why? Explain PLEASE.

This was not an ordinary HB. This was a call out of the Democrat Party...and their lobbyist friends, along with insiders, Soros and Franklin Raines, Alinsky and many ofther foreign millionares. They sold out America.... and we were the hostages....the bill is the ransom! do you pay or let the American people pay WITH A GREAT DEPRESSION.

Well John paid.....and he will still lose.

COUNTRY FIRST! YOU JUST DONT SEE IT. PUT THE PIECES TOGETHER!


38 posted on 10/01/2008 7:21:42 PM PDT by Texas4ever (SIT DOWN JUNIOR :))
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To: kempster
a sweetened $700 billion financial rescue plan

What an interesting description...

39 posted on 10/01/2008 7:24:11 PM PDT by Antoninus II
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To: All

article title at original link has been changed to

Senate passes $700B rescue; House votes lured


40 posted on 10/01/2008 7:25:40 PM PDT by NormsRevenge (Semper Fi ... Godspeed ... Capitol Switchboard: (202) 224-3121)
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