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SC Senator: 'We Could Be Headed For Depression'
WYFF ABC 4 Greenville, SC ^
| 2008-09-30
Posted on 09/30/2008 6:32:57 PM PDT by rabscuttle385
GREENVILLE, S.C. -- Just back from Washington, D.C., South Carolina Sen. Lindsey Graham painted a very bleak picture of what he expects for the country if the bailout plan fails.
Graham spoke in front of a foreclosed home on Avondale Drive in Greenville.
He said if the plan doesn't pass soon, more banks will fold. Businesses will close and people will lose their jobs. As least twice he mentioned that the economy could be headed for a depression.
(Excerpt) Read more at wyff4.com ...
TOPICS: Business/Economy; Government; News/Current Events; US: South Carolina
KEYWORDS: 110th; bailout; bohica; boyugotaprettymouth; cindimccainenvy; collaborator; corporatewelfare; democrats; economy; fagmeanscigerettetoo; fagula; fahag; fragmaster; fragmeister; graham; gramnesty; hesacatcher; immigrantlist; immigration; liberaleye4sc; lightintheloafers; lindsey; lindseygraham; lovesjudygarland; mancrushonmccain; mcbailout; mccain; mccainpalin; mccainsbuttboy; mccaintruthfile; mcdepression; mcinsane; mcqueeg; mrfabulous; nancyboy; nomccain; pansyredalert; rino; senatortreason; thana3dollarbill; traitor; twinkletoes; ussenate; wallstreet
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To: upchuck
2
posted on
09/30/2008 6:33:18 PM PDT
by
rabscuttle385
(No to bailouts, no to amnesty, no to carbon credits, no to Big Government!)
To: PAR35; bamahead; AndyJackson; Thane_Banquo; nicksaunt; MadLibDisease; happygrl; Roy Tucker; GOPJ; ..
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To join, send Freepmail to rabscuttle385.
3
posted on
09/30/2008 6:33:33 PM PDT
by
rabscuttle385
(No to bailouts, no to amnesty, no to carbon credits, no to Big Government!)
To: Sunnyflorida; 6323cd; roamer_1; AmericanInTokyo; 383rr; djsherin; GunsareOK; calcowgirl; ...
4
posted on
09/30/2008 6:33:52 PM PDT
by
rabscuttle385
(No to bailouts, no to amnesty, no to carbon credits, no to Big Government!)
To: rabscuttle385
Yeah, but it’s going to the messiah’s depression. LOL!!!!
5
posted on
09/30/2008 6:34:03 PM PDT
by
FlingWingFlyer
(Hey America! Here's your "crap" sandwich! Eat up!)
To: rabscuttle385
Graham added, “Then again, maybe we aren’t. Just sayin’.”
6
posted on
09/30/2008 6:36:07 PM PDT
by
Tublecane
To: rabscuttle385
Pansey could be in for a deep depression after he gets beaten in this election if he’s not careful.
To: rabscuttle385
Hey “light foot”... remember what Cheney said on the Senate floor?
LLS
8
posted on
09/30/2008 6:37:03 PM PDT
by
LibLieSlayer
(GOD, Country, Family... except when it comes to dims!)
To: rabscuttle385
9
posted on
09/30/2008 6:37:22 PM PDT
by
ladyjane
To: SC Swamp Fox
To: perfect_rovian_storm
He is an embarrassing idiot.
To: rabscuttle385
More and more i wonder if this isn’t a congressional cover up of monumental proportions. How many congressmen, senators etc have been at the trough and how much money has really been ripped off?
12
posted on
09/30/2008 6:38:15 PM PDT
by
stocksthatgoup
(`Pontius Pilate voted "Present")
To: rabscuttle385
This is the second thread I’ve seen of folks not taking this financial crisis seriously... What gives? Some of you need a comedy break?
13
posted on
09/30/2008 6:40:04 PM PDT
by
John123
(Obambi said that he has been in 57 states. I will now light myself on fire...)
To: rabscuttle385
I have one question for Lindsey: How will $700 billion save us from a depression?
If he's right, then we're past the point where a bailout will help. It will only make things seem okay for a few months..... this bailout will hurt the value of the dollar..... and force Congress to pass more bailouts.....
To: rabscuttle385
And we "could" be headed to untold riches and wealth too.....
"Could" be the operative word......
Lindsey should just do us all a favor and demonstrate some courage, self-control, and strong resolve....by committing hari-cari.
Him and about 90% of Congress.....
To: rabscuttle385
Here is the Senate portrait of Mr. Graham.
To: rabscuttle385
When was the last time this guy was right about anything?
What a loser.
17
posted on
09/30/2008 6:41:11 PM PDT
by
engrpat
To: rabscuttle385
(2) MODIFICATIONS.—In the case of a residential mortgage loan, modifications made under paragraph (1) may include—
16 (A) reduction in interest rates;
17 (B) reduction of loan principal; and
18 (C) other similar modifications.
18
posted on
09/30/2008 6:41:22 PM PDT
by
RushingWater
(Pres. Bush honors Mexican sovereignty over our own - Pardon Ramos/Campeon/Hernandez)
To: rabscuttle385
GOP's silky pony.
19
posted on
09/30/2008 6:43:13 PM PDT
by
VRWC For Truth
(Throw the bums out who vote yes on the bail out)
To: John123
This is the second thread I’ve seen of folks not taking this financial crisis seriously... What gives? Some of you need a comedy break?I think it's because many of us saw this coming a loooong time ago. This crisis is no surprise. And it's sad to see that Sen. Lindsey was surprised by this, and feels the need to all of a sudden scream bloody murder over this thing..... when we've been screaming bloody murder for a loooong time!!!
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