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Senate to vote on bailout Wednesday (additions made by Senate)
Market Watch ^
| 10:00 p.m. EDT Sept. 30, 2008
| Ruth Mantell, Greg Robb & Robert Schroeder
Posted on 09/30/2008 8:08:08 PM PDT by Fred
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No 700 billion dollars to anyone, stabilize the lending without it.
1
posted on
09/30/2008 8:08:08 PM PDT
by
Fred
To: Fred
$100 billion on top of the $700 billion? What is going on here? Goodies for all.
This thing will end up costing a trillion with all the add ons. That will show us peons for calling to voice our complaints.
2
posted on
09/30/2008 8:14:06 PM PDT
by
keepitreal
("I'm Barack Obama and I approve this message. . . until I don't.")
To: Fred
Great. Here we go again. Does any of this have anything related to the Gingrich plan? Maybe some lip service, but mostly they just want to hand over the $$$.
Better yet, one of my Senators is Bennett, you is fourth on the list for Fannie Mae and Freddie Mac contributions. Gee, I wonder what he'll support...
If anyone else wants to see how much Congresscritter has taken in from our lovely GSE's take a look here:
Open Secrets: Fannie Mae and Freddie Mac Invest in Lawmakers
3
posted on
09/30/2008 8:23:02 PM PDT
by
batter
(Oxymoron: An Obama bumper sticker on an SUV)
To: Fred
Turning a pig into a turkey...
4
posted on
09/30/2008 8:28:00 PM PDT
by
DTogo
(I haven't left the GOP, the GOP left me.)
To: Fred
I understand why American taxpayers who are actually paying attention to what happens with THEIR money would instinctively be angry.
As a Milton Friedman disciple, I’m inclined to say let Darwinian rules apply and let the chips fall where they may. Once the mushroom cloud settles, we’d all be better off.
That’s easier said than done. This is not about the EEEvilll Wall Street folks. You’ve all seen the video about the egalitarian social engineering leftists who got us into this mess by pressuring banks to loan money to the homeless (it’s right there on FR when you log on).
There is plenty of time to sort out who caused this mess. There are plenty of villains.
It’s all fun and games until you can’t get a home, car or business loan. Than it hits Main Street.
5
posted on
09/30/2008 8:30:15 PM PDT
by
Eric Blair 2084
(Alcohol, Tobacco and Firearms shouldn't be a federal agency...it should be a convenience store.)
To: All
Anyone know how this is possible? I thought spending bills must originate in the House. Or is that just me letting the Constitution get in the way of Congress do whatever they want?
I would love to see what exactly is in this bill, but it sounds like we won't have much time to do so before they try to run it up for a vote. I would like to withhold judgment until I see the bill contents, but this is thing sounds like another game of pass it before anyone can read it.
Get ready to flood the Senate with calls tomorrow (at least asking WTH they're voting on).
6
posted on
09/30/2008 8:31:35 PM PDT
by
batter
(Oxymoron: An Obama bumper sticker on an SUV)
To: Fred; AuntB; B4Ranch; Squantos; Pete-R-Bilt; tubebender; NormsRevenge
The Senate version of the gridlocked tax legislation would cost more than $100 billion and extend and expand many individual and business tax breaks, including tax credits for the production and use of renewable energy sources, like solar energy and wind power, the Times said. It would also extend the business tax credit for research and development, expand the child tax credit, protect millions of families from the alternative minimum tax and provide tax relief to victims of recent floods, tornadoes and severe storms, according to the Times..What an absolute steaming pile of SOCIALIST HORSESHIT. Idiots!
7
posted on
09/30/2008 8:35:24 PM PDT
by
glock rocks
( Looters will be shot.)
To: glock rocks
I wish McCain was against it but I guess this is a call for All Socialists to Stand Together.
8
posted on
09/30/2008 8:42:59 PM PDT
by
B4Ranch
(I'd rather have a VP that can gut a Moose, than a President that wants to gut our Second Amendment!)
To: Fred
The SOBS are not going to quit until they get what they want. I am sick of having my pocket picked by this crowd.
I am done.
9
posted on
09/30/2008 8:43:15 PM PDT
by
Chickensoup
('08 VOTING for the SUPREME COURT that will be BEST for my FAMILY and voting for SARAH PALIN!!!)
To: Fred
>>>>>The proposal may make the $700 billion rescue plan more palatable to House Republicans.OMG! These bastards are pushing through the same trash from yesterday. The House is working on their own plan, which might be very close to HR 7223.
10
posted on
09/30/2008 8:44:23 PM PDT
by
Reagan Man
("In this present crisis, government is not the solution to our problem; government is the problem.")
To: Eric Blair 2084
I have local banks asking me to take credit cards, one today, and the husband took out a signature loan last week over the phone.
I am still ticked... I would like a tax break. And I think the bail out, yes bail out is just wrong. Heard some dude today and he is so right.... how the heck can government do an effective job at selling houses??????????????????
11
posted on
09/30/2008 8:46:37 PM PDT
by
libbylu
To: All
To: Fred
What they should propose is a $700 billion dollar tax cut split between businesses and consumers. Cut corporate tax rates, cut cap gains taxes and cut marginal tax rates. 5% reduction in government spending across the board.
13
posted on
09/30/2008 8:50:02 PM PDT
by
misterrob
(Obama-Keep the Change!)
To: batter
HAHAHAHAHA, that’s a funny one, since when did congress ever let a little thing like the Constitution get in the way of them doing anything they damn well please?
14
posted on
09/30/2008 8:50:29 PM PDT
by
Licensed-To-Carry
(Time to dig out the pitchforks and torches...............)
To: DTogo
With all the add ons it may be a donkey.
15
posted on
09/30/2008 8:51:02 PM PDT
by
Kackikat
( Without National Security all other issues are mute points; chaos ensues.))
To: keepitreal
--
$100 billion on top of the $700 billion? --
Not exactly. The "cost $100 billion" phrase refers to tax reductions. It "costs" the government when the government reduces taxes. Then that $700 billion, well that's simply the purchasing of an asset that will appreciate in value and return a bonus to your children. Hopefully, you'll survive long enough that they can thank you personally. The Congress that passes this will be long gone into safe and comfortable retirement by then.
16
posted on
09/30/2008 8:51:31 PM PDT
by
Cboldt
To: Fred
Of course, the Senate can not originate a spending bill, only amend one that comes from the House.
Voting to amend a defeated bill does not cause it to come back up for a vote in the House - it remains a defeated bill.
17
posted on
09/30/2008 8:53:00 PM PDT
by
MrEdd
(Heck? Geewhiz Cripes, thats the place where people who don't believe in Gosh think they aint going.)
To: Fred
Oh goody.
Free money.
The thieves will loan more of our tax money to each other.
/s
18
posted on
09/30/2008 8:54:01 PM PDT
by
george76
(Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
To: Eric Blair 2084
Ohhh teh noes!! I can’t live off of credit anymore!!!
Ohhh the horror!!!
19
posted on
09/30/2008 8:55:00 PM PDT
by
Tempest
(http://www.youtube.com/watch?v=gNlXgzzdJQA)
To: keepitreal
$100 billion on top of the $700 billion? What is going on here? Goodies for all.
They are trying to bribe the cranky public with $100,000,000 of their own future earnings in order to get the $700,000,000 of their future earnings. That is what is going on and it will probably work.
20
posted on
09/30/2008 8:58:19 PM PDT
by
Arkinsaw
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