Free Republic

The bailout bill that the U.S. Senate passed late Wednesday night is not the remedy for what ails this nation's economy. While we are all anxious to take action to help America recover from it's current financial crisis, it does us no good to pass a bill that does not address the underlying problem before us, and that's the credit crunch. After the defeat of the original proposal in the House on Monday, Congress had an opportunity to really address some of the shortfalls of the failed bill. Instead they loaded on millions of dollars in pork barrel spending and...

Hill sources buzzing. A Senate bailout vote is scheduled tomorrow at 9pm Eastern. No bill details seen yet. How it will go down…There will be up to 6 roll call votes on the following items: (1)Motion to concur on the House message, H.R. 2095, Rail Safety; (2)a Dorgan amendment relating to H.R. 7081, the U.S. - India Nuclear agreement; (3)a Bingaman amendment relating to H.R. 7081, the U.S. - India Nuclear agreement; (4)passage of H.R. 7081, the U.S. - India Nuclear agreement; (5)a Dodd amendment to H.R. 1424, relating to the bailout package; and (6)passage of H.R. 1424, the bailout....

I listened in on a phone conference this evening with anti-bailout conservatives, congressional staffers, and other Hill insiders. With only one exception, the groups and individuals on the call all opposed the bailout in its current form. They also concurred that this deal is worse than the one Paulson proposed — on constitutional, policy, and fiscal grounds. Phone calls to congressional offices continue to show overwhelming public opposition to the massive, unprecedented government giveaway. Nevertheless, GOP House Minority Leader John Boehner and the House Republican leadership have thrown in the towel. Make room for them on the couch with Gingrich...

Kill the bailout: Phones ringing off the hook; student loans, car debt added to proposal By Michelle Malkin • September 23, 2008 10:27 PM We don’t have to have this trillion-dollar bailout shoved down our throats. You can make a difference. Phones are ringing off the hook. Peter Viles at L.A.Land: A key quote in this morning’s Senate hearing about the Paulson bailout is worth repeating. This comes from Ohio Sen. Sherrod Brown, a Democrat: “Like my colleagues, my phones have been ringing off the hook. The sentiment from Ohioans about this proposal is universally negative.” Not “overwhelmingly negative.”...