Congress Finally Passes $700 Billion for Wall Street!
Filed under: Politik > Business Blitz
On Friday, the House of Representatives approved the revised, 450-page bailout plan that the Senate passed on Wednesday.
It passed by a 'comfortable bipartisan margin', according to new reports.
263 yeas, and 171 nays.
So 'comfortable BIPARTISAN margin' means that if it goes good or bad, BOTH parties get the cheers or asses are on the line, right?
It's sad that they had to pump the bill full of Washington, special interest crap to get the vote to 'save' our economy.
We hope this goes a long way to save jobs across our country!
[Image via WENN.]
Posted: October 3, 2008 at 2:27 pm
oh ya first
Peeps Please!! Vote Yes on Prop 8 in California - Keep marriage between a man and a woman
Obama = National Trauma
Awesome photo choice Perez
FUCKING A!
what were the tax write-offs for companies attached so Republicans would pass??? I heard quite high number this morning on the news.
shweet.
YEA….but are they going to regulate the money…..like they should
Re: njpaul0129 – BIBLE THUMPING BITCH!
this is bullshit… why should taxpayers money go to bailing out rich people?
dumb perez, it isn't yays, it's yeas. yay is what a girl says when she's happy.
i think this is a bad idea…
Re: LULU~* – Right Lulu and the money for the Wooden Arrows for friends of the Dems also. So it goes both way.
So once again they will artificially inflate the economy just like Greenspan did when the tech bubble became the housing bubble. Nice, they delayed a big crash for now, but all this debt will come back to bite us in the ass and eventually the piper will have to be paid. Watch, now that the bailout is going through our dollar is going to tank.
BITCHTARD!
is anyone really surprised
I will only believe that this bailout will help the middle class when I see it! Another case of GREEDY CEOs getting away with criminal business practices.
Re: Spindoc – You are completely right.
Re: njpaul0129 – Re: LettyB – yeah, take your bible and shove it up your ass. i'm sure it will fit after all the huge cock you've had in there.
Heres an idea…how about everyone in the goverment use one year of their salary to bail out these morons…..We pay their salary anyway……
really bad..
JERK OFFS! VOTE THEM ALL OUT!
Re: njpaul0129 – Dive on a spike already…MORON !
Here's an idea, why doesn't America stop paying talentless actors, singers, and sports players millions of dollars. Take that money and give it to people that actually deserve it like policemen, firemen, teachers…
Re: nobody – wow. Never heard the phrase yay or nay?
It means yes or no.
Re: Spindoc – AGREED
HOMO MARRIAGE FOR ALL!!!
ARRRGG!
I'm glad it passed. As much as it sucks, and as mad as I am that I have to help bail these pricks out, it is what has to be done right now. The bad thing about it is that in order to get it to pass, they padded it with bullshit. It has more pork now than Jimmy Dean!
Does anyone realize how much of the government's money has left the government and gone into private hands in the last 7 years?
If you want knowledge please google "From Empire to Democracy by Howard Zinn" and you might grasp what has just happened. Everyone that voted for that bill needs to get voted out.
The richest 400 Americans — just four hundred people — own MORE than the bottom 150 million Americans combined. 400 rich Americans have got more stashed away than half the entire country! Their combined net worth is $1.6 trillion. During the eight years of the Bush Administration, their wealth has increased by nearly $700 billion — the same amount that they are now demanding we give to them for the "bailout." Why don't they just spend the money they made under Bush to bail themselves out? They'd still have nearly a trillion dollars left over to spread amongst themselves! Now we have a $9.5 trillion debt. Why would we even think of giving these robber barons any more of our money? (*michael.moore.com)
does this mean we get our bonus for this year!??? thank you taxpayers!
Re: Anita1810 – I agree with that!
evil illuminati lies
this better fuckin work if not im leaving the country and moving to Barcelona.. fuck this shitttttttttttttttttttttttttttttttttttttttttt
i better be able to get a car loan without a co-signer (i have so so credit) fuckersssssssssss
In this mother of all turkeys, only Sarah Palin's hands are clean, Sarah for President
We the middle class will pay for this. I hate it! It had better work~ if not all our arse's are out of luck! I still say fire them all (Wall Street). Bitches!
What a crock. I'd love to hear how much is going to people who don't need financial help.
700 billion dollars to bail out the banks..but here in America, you still pay a lot of money for health care (I pay $300.00 per month out of my pay checks) or you have lots of bills for health care. Why not take that money and help people with universal health care? It works in other countries…oh but then who's pockets would not get fat? It makes me sick. The bank never did shit for me!!
Yo Tom993 and all other would-be Palin supporters. Get your head out of your ass. I know you are a notoriously insular people, but the US already has an appalling reputation globally; that of a decaying empire. The notion of electing another ignorant, privileged, dogmatic fool is certainly not a good one. Elect people who have a chance at properly managing the complexities of a large and failing economy, not a self-proclaimed every (wo) man who's intellect equals that of a gnat and who knows nothing of international relations.
"YEAH GOD HELP ME RUN THIS PIPELINE THRU ALASKA" "PRAY FOR IT TO HAPPEN" Sarah Palin. brainac
Oh Dear Lord…There will be no Vaseline for this Pricey Ass Pounding.
Who fucking cares just take a hand full of pills and get it the fuck over with. Either that or vote McPain/GOPalin. Same thing.
I HAVE A VERY BAD FEELING ABOUT THIS….
good… a $700 billion dollar bailout that could cost taxpayers $1 trillion due to the pork tax cuts that we're added to persuade senators. sick.
As I already said: America is DOOMED…..we ve seen it coming for years! Your Government does ANYTHING to get the rich richer….this bailout is a further step! I m sure a lot of investment bankers and top managers there will be so HAPPY that NOW with the bail out their BONUSES für 2008 are SECURED!!!
They had to pump it with crap because that is what the republicans wanted in order to push it through!!!
Good comment, Prettybaby! I was not so sure anymore whether ANYONE in the USA "knows" this and these facts…
Re: Moonmoth –
Right! As with the Roman Empire: Rise - Power - Decadence - Fall….
Re: UberBling –
Hm…up to now, we only have had political and economical refugees from Iraq, Romania, Russia, Afghanistan, Africa, and Turkey . Do you mean we should now be prepared in Europe for AMERICAN refugees as well?
Now all the people that were on the bubble with their mortgage, struggling to make the payment each month, just hanging on, paying a little late now and then. Well now the bank has no reason to give you a break. Instead of sticking with you because you were the only way they would ever see their money again, now they can foreclose and go to the government to get their money back. This bailout was for the bank, not you. Once again the little guy will get screwed. Be sure to send an email to your congressman thanking him/her for leaving you out on the street.
What is the point of passing the bailout if the behaviors are the same? The market was correcting itself and the government screwed with it.
Where was my superior judgement wen this mess unfolded? asked a perplexed Barack obama SEETruth Acccording To Tom.
Congressman Dennis Kucinich (D-OH) today gave the following speech regarding the proposed Wall Street bailout on the floor of the House:
“We have come a great distance in seventy-five years; from the New Deal to the Raw Deal; from having nothing to fear but fear itself, to being afraid of everything. We traded democracy’s warm heart containing the ideals of faith, fairness and frugality, for the greedy, cold calculations of the Dow Jones ticker. The New Deal saved free market capitalism with jobs and regulation; now both sink in the swamp of speculation, manipulation and capitulation. The Golden Rule of “do unto others as you would have them do unto you,” is submerged by the rule of gold, “do unto others before they do unto you.”
“Some people will ask of this Congress, what were we thinking? Why did we give $700 billion bailout to Wall Street without fixing what caused the problem in the first place? Why did we rig the free markets for security fraudsters? Why didn’t we explore alternatives to let Wall Street solve its own problems? Why didn’t we have money save millions of homeowners, create millions of jobs, and a green economy? Why didn’t we stop the speculators? Why wasn’t there accountability? Why didn’t we take time to make an intelligent decision?
MCCAIN ADVISED THE PALINS NOT TO SHOW UP FOR THEIR SUBPOENAS IN THE ONGOING INVESTIGATION OF POWER ABUSE. THEY DID NOT SHOW UP!!!!!!
.
YEAH! WE ALL HAVE A FREE RIDE IN LAW SUITS NOW!
.
CHENEY ISN'T SHOWING UP EITHER! THEY DO IT! WE ALL SHOULD DO IT!
.
FUCKING REPUBLICANS WHO SAY THEY ARE FOR THE COUNTRY!
.
JOE 6 PACK WOULD BE IN JAIL!!!
.
THEY THINK THEY ARE ABOVE THE LAW……FUCKERS!!!
Re: prettybaby – 55 because we are not screaming loud enough
BECAUSE WE ARE NOT SCREAMING LOUD ENOUGH!
BECAUSE WE ARE NOT SCREAMING LOUD ENOUGH!
BECAUSE WE ARE NOT SCREAMING LOUD ENOUGH!
BECAUSE WE ARE NOT SCREAMING LOUD ENOUGH!
…
THEY GOT US BY THE BALLS! THEY ARE PROTECTING THEIR OWN ASSES! NO ONE ELSES. THIS IS ALL PART OF THE MASTER PLAN! WE JUST PAID FOR THE WAR…AGAIN!
…
MCCAIN MORE OF THE SAME!
Actually Mario YOU'RE WRONG, the $700 Bail Out turned into an $850 Billion Dollar Bail out, try getting your facts straight first.
-
Secondly I just find it absolutely disgusting all the Earmarks the Democrats felt necessary to add to this Bill. Encase anyone doesn't know an earmark is when they add extra's to the bill to support their little causes that have Nothing to Do with the actual Bail Out. I sincerely hope McCain gets elected and cleans up our Senate and puts an end to all these useless Earmarks that us hard working tax payers have to pay for!!
The vote was crap…. the bill is crap… Welcome to the new Soviet Union… Want some vodka?
What a bunch of bullshit. This shit isn't going to work out at all. I wonder if any of that money is going to reach any of us…uh..NO.
All the top candidates are bought & paid for. Why did they vote YES on a bill that screwed over the non-rich?
Finance/Insur/RealEst
Obama, Barack graph $27,400,471
McCain, John graph $24,998,463
Clinton, Hillary graph $18,951,265
Biden, Joe graph $1,532,224 (at least he only took 1 mil)
THE ONLY PERSON THAT DID NOT GET MONEY WAS DENNIS KUCINICH !
GO TO HIS U S HOUSE site & read his comments on the bailout.
GO TO COMMONDREAMS.ORG & read insightful articles.
Re: SquirrelLives –
Aquirrel: Mqainly, there s ONE person that got "bsailed out" - he s a FIREND and chummy of BUSH: US Finance Minister Henry Paulson! He owns stocks worth 700(!) million USA in Goldman-Sachs…
America - wake up! Or else, you re doomed and in the hands of the Republican / corrupted corporate managers!
www slate com/id/2143018/
No Golden Parachutes….EVER!!! Make them put on orange jumpsuits and then a swift kick in the buttocks out the plane door for these greedy Wall Street CEO's. They should be taken to Times Square stripped and publicly pigwhipped!!!!!