Motorsports Racetrack Property Aid? Puerto Rico Rum Taxes? In the Economic Rescue Bill?

“This proposal would exempt from the excise tax any shaft consisting of all natural wood with no laminations or artificial means to enhance the spine of the shaft used in the manufacture of an arrow that measures 5/16 of an inch or less and is unsuited for use with a bow with a peak draw weight of 30 pounds or more.”

Cheaper Baccardi? Who can possibly be against that?
The railroad credit for maintaining tracks may be a good thing given details. We need those right of ways for a transition back to freight hauling on rail as well as improvements to reduce energy consumption. We have to make some bridging moves to close the energy gaps over the next decade.
Yes the bill is full of pork but some of it is bar-b-que and some of it is just pig meat.

I don’t think the dems need to pay off Hollywood. Still, this is all unbelievable!

I do believe it was the republican house members who couldn’t muster the original one. so are they sweetening up the deal for, them?

I would love to know who wanted the “wooden arrow” excise tax exception in this bill. 2 million ..now that would pay for a lot of home heating fuel for our elderly this winter. Sad sad day for our country…Dems and Repubs.

Is it any wonder that these “FOOLS” ON THE HILL” cant get things worked out? Things only get done if there is 10 tons of PORK hooked to anything that resemble a Bill that gets passed! We, the people, get the shaft!! Personally I hope the whole thing goes down the drain!! Lets all vote the BUMS out!! They ARE the problem!!

“that would pay for a lot of home heating fuel for our elderly this winter”

I guess I can rest assured, both my state senators voted “no”. However, I would be interested in know which senators needed to watch their movies while getting drunk on rum, as their kids practiced with the bow and arrows/

Belle Star: I know you and I come from complete opposite views …..but I think we both can agree that washington is broken and there is few who are looking out for the little guy. However Sen Barnes the Independent gave a great speech yesterday on the bill.

Why did these proposals have to be added to the Bailout Bill???
I see no reason for it except that the Republicans would not sign this bill unless they where added.
Isn’t these proposals the Tax Bill that the Dems keep turning down and wanted time to run out on so they can clean it up??? Is this that Tax bill??

“…consisting of all natural wood with no laminations or artificial means to enhance the spine”

Congress Has 43,457,362 Reasons to Help Goldman Sachs
Embattled Firm and Its Employees Spread Millions Around Washington in Donations and Lobbying Expenses —-
Before becoming Treasury Secretary, Paulson was chairman of Goldman Sachs, earning over $140 million in compensation during his seven years as the firm’s top officer, according to company filings. Upon taking office, Paulson divested himself of his 3.23 million Goldman shares, reportedly worth $485 million at the time, to comply with government ethics rules.
Goldman Sachs bankers are also the number one contributors to the Barack Obama presidential campaign, giving $691,930 to his campaign in this cycle, according to the records.
John McCain’s campaign has received substantially less from Goldman Sachs employees, $208,395, although they are, as a group, his fourth largest contributor.
In addition to campaign contributions, Goldman Sachs has spent $13.8 million on lobbying expenses since 1998, when Paulson became co-CEO.

Congress Has 43,457,362 Reasons to Help Goldman Sachs
Embattled Firm and Its Employees Spread Millions Around Washington in Donations and Lobbying Expenses —-
Before becoming Treasury Secretary, Paulson was chairman of Goldman Sachs, earning over $140 million in compensation during his seven years as the firm’s top officer, according to company filings. Upon taking office, Paulson divested himself of his 3.23 million Goldman shares, reportedly worth $485 million at the time, to comply with government ethics rules.
Goldman Sachs bankers are also the number one contributors to the Barack Obama presidential campaign, giving $691,930 to his campaign in this cycle, according to the records.
John McCain’s campaign has received substantially less from Goldman Sachs employees, $208,395, although they are, as a group, his fourth largest contributor.
In addition to campaign contributions, Goldman Sachs has spent $13.8 million on lobbying expenses since 1998, when Paulson became co-CEO.

Jane Harmon and idiot Dem is asking for McCain to come and speak about the bail out. Makes you wonder why she is not asking for Obama to come speak about the bail out? What kind of idiots are you electing in California? Sure am glad I moved away. Harmon, Polosi wow what a line up. You say Palin is not quallified. at least she did not run to to the shiek and kiss his behind like Polosi did and then come back and bleam it on someone else. To much weed in her mouth I think.

Vote for no encumbent. In two years vote for no encumbent. Let’s change the sheets on the bed they lie in.

McCain voted for this? Mr. No Earmarks? His chance to “walk the walk”? And neither candidate got their brain trusts together to come up with a better plan? This is the best that we could do?

Is there no way to find out who actually added the extra crap? Can’t they be called out?

Linda,
Belle Star: I know you and I come from complete opposite views …..but I think we both can agree that washington is broken and there is few who are looking out for the little guy.- However Sen Barnes the Independent gave a great speech yesterday on the bill.
Posted by: linda n carolina | Oct 2, 2008 1:02:44 PM
________________________________________
Linda, here is your chance to look out for the “little guy”. Vote ALL these bums out of office. We have gone through this kind of bs long enough. What we need is TERM LIMITS. Stop electing sons and daughters of the congressmen and get folks that are living the things we out here talk about. The ones there now don’t have a clue. When they aren’t reelected, a job as lobyist should not be allowed.

And I agree why can’t they find who added on all this crap and why?

Yes SD I am also a Democrat and voting for Obama but you are so right. I’m furious too….
We really should have them all impeached! Still cannot understand how a HUGE surplus can become a HUGE deficit in eight years.
War, and letting all this nonsense go on with Wall Street and the banks and no one watching or no one caring.
And the economy was structurally sound two weeks ago ie BUSH and MCCAIN

You forgot to mention the repeal of accounting rules that were put into place after the Enron scandal.

StuDaBaka
Technically not all pork is earmarks. Earmarks are usually pork, but the additional problem with earmarks is the way they can slip them in at the last minute without representatives being able to even read them before the vote.
Pork is one issue, but at least it is usually involves open votes. Earmarks are fundamentally un-democratic.

What may be overlooked is that many of these add on”s are already on the books and are just being extended. These are not new items but extensions of existing. You are already paying for these issues.
What may be overlooked is that many of these add on”s are already on the books and are just being extended. These are not new items but extensions of existing. You are already paying for these issues.
If this rescue bill does not pass the impact to you and me could be devastating. If business can’t get loans for their companies then people get let go. Your 401K will take years to recoup if it can be recouped. Most people do not have a clue how this will affect main street but it will destroy your way of life if it does not pass.
Don’t think this will affect you think again. No loans for cars, houses, farms, students, business, new construction and so on.

Not earmarks My A–. They most certainly are earmarks. They really have they’re nerve. If this isn’t voted NO, God will let this country go to H–!

Can you find out who added these to the bill, Jake?

You have got to be kidding me!!!?? This is insane and it just keeps getting worse. In a time where people are lossing their homes their jobs and their hope, we have our “leaders” putting together a 800 billion bailout plan that includes toys and race tracks!!!?????? I am just sick!

All I need is $50,000 for the next 10 years and i can put a dent in the feral hog population in West Texas. That is a measly 500M that could beadded to you bill!!!

I am very worried about our legislators not listening to us. There is no guarantee that purchasing these toxic assets will help in any way. Over 150 of the nations top economists are telling Congress no to the bailout. And in the process the Senate adds a bunch of new tax earmarks for things such as wooden arrows. We’ve already given billions to AIG, Fannie/Freddie, etc. and the problems are still there. I’m afraid this could be be $700 billion down the tubes.
For 2 weeks we’ve been told daily if we don’t do something today, financial armageddon will arrive tomorrow. Every day we get by though and the stock market isn’t plummeting 2,000 points as many have suggested. We all need to realize the number is on paper anyway, eventually the DOW will be back up. In addition, my neighbor just obtained a $150,000 credit line showing credit isn’t as bad as we are led to believe.
We are in a financial mess, and things need to be done. However, we must be smart in how we attack this. During times of war or when playing chess you think strategicly to win the war/game. It isn’t about moving as fast as possible to win a battle. You could make a wrong move which could lead to defeat. We could make things worse and be forced to do this all over again in 5-10 years.

Justifying these add on’s by saying that “they were already in the books and we are already paying for them” is UNBELIEVABLE. I am a McCain supporter, but am very disappointed. When it comes to our economy, BOTH candidates will be “more of the same”. Who the heck can we turn to????

Not that I’m saying to pass or not pass – but the first bailout bill was 3 pages the new one exceeds 400 pages. I personally think the money spent to get to this point could have been put to better use.

The new media is about as crooked as our elected scum bags!

It’s not unusal for Congress to drop adders to these bills, but for this one huge controversial, any adder needs to be something that would benefit regular Americans, specifically for the economy, as the main component of the bill was intended. Not all this extra pork. It would make even a elementary kid suspicious the way this second revision is going.
If Americans are generally against it, and they had to sweetened it, they should have at least tried to sweetened it, not load it full of pork.

Do all of our Senators have ADD? Can’t they focus on solving the problem at hand? Their only solution to any/every problem is to throw more money at it, at the taxpayers’ expense. They’re mortgaging our future and that of our children/grandchildren. If this plan needs all of these “sweeteners” in it in order to obtain the required number of votes, then it is very likely not a good plan in the first place. I would like to know the names of the Senators who had the integrity to oppose this bill — Republican or Democrat, they are to be heralded. The rest should be asked to pin their pensions on their claims that this $800B will eventually be paid back. It should simply be illegal/unconstitutional to add any unrelated provisions to a bill. I understand the apprehension of giving the President the power of the line-item veto, but when you hear of bills like this, you can certainly see how it would be advantageous if used judiciously.

vakcmo, I don’t think most folks are overlooking the points you made. It’s just that this bill isn’t acceptable. And I don’t care if we’re already paying for this. If our financial system is in such bad shape, we need to cut….and it appears a lot of this junk can go! I know it happens all the time but it should stop. Our politicians are supposed to be public servants and they’re not doing their jobs. It took more effort to add the junk than it did to leave it out. I’m an Obama supporter but I think both Obama and McCain should have rejected this bill. Maybe I don’t understand politics enough and maybe there’s more to this than I understand, but I really believe the contents, and all the politicians that add items to a bill, should be considered public record. That way, citizens can hold them accountable….or maybe it is public record….anybody know whether or not it is?

Is this why we sent them to Washington to bend us over.
Lets vote these greedy trolls out!

“Vote ALL these bums out of office.”

To think that anyone would take the time and effort to tack on these earmarks is freaking ridiculous. Give us the names of these Senators so we can mock them out loud. Thank you.

The taxpayers have finally woke up! This crap has been going on for years but we were all too busy working for a living to notice. Now we all need to learn to keep more pro-active. When this crisis blows over (and it will), we don’t go back to politics as usual.

I’m starting to think that NOT having experience in washington is actually a strength and not a weakness.
Posted by: StuDaBaka | Oct 2, 2008 2:02:29 PM
—————————————-
StuDaBaka,
You might be on to something. Only thing is, I remember voting for Ross Perot…I don’t want to waste my vote again.

This “dole-out” bill could be compared to the parents of an alcoholic (Congress) giving their addicted child (Wall St.) a keg, a tap and the keys to a new car (the object(s) of their abuse) using money they raised at the police station fund-raiser (our tax money) and then attempting to bribe us (the police) with gifts (incentives to the bill) so that we’ll look the other way…

I heard a discussion about this on TV yesterday. Whoever was speaking said that these add-ons were very common in DC and that that’s the way you get things done. I wonder when doing the right thing for the right reason was enough?

Make no mistake. Every Single Politician republician or democrat who voted
for the bailout, most likely just voted away their jobs! I hope it was worth
it to them!! They have betrayed the american people in the highest sense by
passing this very corrupt bill. John Mccain lost my vote as soon as he opened
his mouth and said “Lets not call it a BAILOUT” … lets call it a “RESCUE”.
Like the Hard working American People are STUPID and DONT KNOW THE DIFFERENCE.
The whole thing is sad and very dissapointing but alas election day is coming!

StarStruck – I too voted for Perot (didn’t think it was a wasted vote though)…and am seriously thinking about writing in Ron Paul (still have a bolt up my bum about Nader and 2000).
Of course by the time we cast our vote, this will be signed and we will be screwed.
With all of the talk of earmarks/wasteful spending/politics as usual, how could BOTH of the candidates vote yes? VOTE NO, you have he news cameras all of the time…appeal to the people to calm down and wait for a good solution to be worked out WITH NO FREAKING PORK!
I am sooo mad right now that I’m thinking of selling everything (ha, who can afford to buy) and starting a revolution in the hills of PA. Anybody want to join?

“Contact your reference desk at your local library to direct you to avoid getting the run around by state reps. who might have ties with someone”

I would like to see each of these corrupt individuals exposed or outted so that we kicked them out of office. This is just sickening…U.S. Govt. is no different then other corrupt leaders around the world. Therefore, we need to cut the “BS” with creating so-called policies around the world and sticking our noses into other nations business. We can’t be hypocrital. We need to resolve problems at home first to become true leaders. I’m sure we have been exposed in such a negative way that other nations and their leaders will forever thumb their noses at us. Who are we kidding? Rather than help the poor and middle class, certain elected leaders complain but they will gladly throw money into foolish spending such as $2Million for wooden arrows, fixing Exxon’s liability at tax-payers expense, wool research… This money could serve the homeless, struggling middle-class working families. Ooops Corrupt spending would never allow for moral and responsible spending. Get these corrupt leaders out of office. They only care about themselves, their constituents…they are not for the people of America. We need to take back their power! ASAP. Let’s do our research, track down and expose these “Corrupted Authors” of such pork-barrel spending.

If you vote for any candidate other than a dem or rep you just might put the dem or rep in to office that you did not want.
A vote for McCain is a VOTE AGAINST THE MEDIA. DON’T LET THE MEDIA WIN….they have worked so hard TO SELL THEIR PRODUCT; let them know how hard it is to work and then get kicked in the teeth.

From the 9.21.2008 “60 Minutes interview with John McCain…..
6o MIN comment: After the surge was announced with more than 60% of Americans against the proposal…
McCain: I believe we can succeed and consequences of failure, catastrophic”
Scott Pelley, 60 MIN: “I wonder at what point do you stop doing what you think is right and start doing what the majority of the American people want?”
McCain: “WELL ONCE AGAIN I DISAGREE WITH WHAT THE MAJORITY OF THE AMERICAN PEOPLE WANT.”
Me: i.e. The majority doesn’t matter anymore. The voters don’t matter. The current congress seems to mirror this attitude. They take the most important economic legislation since 1929 and gum it up with “bridge to nowhere” pork.
I say lets vote for anyone who is not an incumbent. Clean house and get new faces in D.C.
By the way, anyone know how to find out which senators added which provisions?

Common Sense Man, please recheck your math. The answer is actually $425/per person; a long way from what you posted.
Additionally, there is an awful lot of partisan finger pointing going on. I’m sure there is plenty of blame to assigned to each political party.
What I would like to see is a non-partisan chronological listing of events and who was involved at each step that got us to this point. No one wants to hear that “their” party had anything to do with it but until the true facts are exposed, no one is going to change their position. Knowing who of our elected officials (probably most of them) were centrally involved might open the eyes of the electorate and help to make better decisions when those Congressmen come up for re-election.
Speaking of which, how about term limits for the Senate and the House. Why should this be a job for life. Tack on that after their terms have expired, that they would not be allowed to be DC lobbyists.

Commrat: They will all be gone and you will still be out of work.

You cannot get out of debt by borrowing money. You cannot improve someone’s life by shackling them. You cannot solve a financial crisis by spending. We have two major groups in government, one that taxes and spends and another that borrows and spends. See the problem?
There is only one thing that they can agree on – spending. And they do it with reckless abandon. Before you blame the party you don’t belong to, back up and consider the approach your party has taken. The two major parties are both destructive to this nation and its people.
They do not care about you. They have fooled you into voting for them without regard for your needs or concerns. Don’t be fooled again by the recent house vote. If they ever do what you want it is so they can get what they want – your money and power over you.
It’s time for Americans to tear up their ridiculous party affiliations and tear down the arrogant and selfish leaders that are driving us to destruction. We need to start voting for people instead of parties. We need strong independent candidates with a kick butt, take no crap attitude and a firm determination to spend less and work more.
You may think your neighbor who belongs to the other party is your enemy – he isn’t. It’s the bozos you both are voting for that are going to ruin you and this nation. This article illustrates that very clearly.
You’re all rightfully infuriated by the irresponsibility of this bill and you’re looking to attack the other party because you think that will help your party even though your party is just as much to blame. And your argument may actually help your party. But it won’t help you or your neighbor. The only way to fix this is for the little guys to stop allowing our leaders to pit us against each other and rise up against our true enemy.

Barney Frank said it perfectly this morning, though not in these exact words: The additions, like the new FDIC max of $250K, allows the weak-willed, blowin-with-the-wind congressmen who voted against the bail out to now vote for the “improved” bill and save face. It’s still the same bail out they voted against, its just the public mood that’s shifted thanks to all the terrorizing comments by every talking head in government and the media.

It isn’t too late for your voice to be heard. Contact every Congressmen you can before it is too late.

Who’s at fault?
Stop the finger pointing!! Basically, only a small percentage of banks are required to issue sub-prime loans (see Community Recovery Act). All the other banks saw a way to make huge cash on a booming housing market. Everyone forgets that banks DON’T HAVE TO GIVE LOANS (trust me, I know). If you’re going to point fingers, it all goes back to the banks themselves giving loans to people they shouldn’t have given them to.

While some are rather obvious – I want to know WHO these everyone of these pork belly – legislative earmarks were proposed by – and who benefits. Why? So, we the people can begin to RECALL the legislators who proposed to spend our federal tax dollars for the wealthy few, . . . the imoral blood sucking liars.

Tired of Pork:
I totally agree with you. The problem is that if banks can’t lend money, our economy shuts down. It’s crazy that a business can do whatever it wants and it will always be “saved” when it screws up because it is so vital to our economic existence. Regulation and rules anyone?

“Why are we paying $2,000,000 for wooden arrows, for children???”

I know Arby, but it’s just a hard pill for me to swallow. I hope Obama wins and can start the change in government he talks about. He’s right….we really need to become more involved in the political process.

“Everyone forgets that banks DON’T HAVE TO GIVE LOANS (trust me, I know).”
You miss one point. Obama worked as a lawyer forcing banks to give out subprime loans to unqualified recipients. So he and those like him in his profession were very much part of the problem.

To date, nearly 1 Trillion dollars on bailing out AIG, Fannie/Freddie, Bear Stearns, WAMU, and other Institutions. Did this improve in the economy? These bailout only accelerated the economic downturn. Now Congress wants to fix the economy by throwing a $850 billion SELLOUT BILL at the problem, but it will only accelerate the CRASH and compound the SEVERITY of the MELTDOWN.
And to claim it will reduce taxes. I guess in a way it will because if you have no job or home you can’t pay taxes. THANKS FOR THE MEMORIES (NIGHTMARES) CONGRESS AND THE CHENEY/BUSH ADMINISTRATION.

This mess started wiyh Bill Clinton when he deregulated the finance industry and pushed for CRA which created Fannie Mae and Freddie Mac. This bill is a slap to American tax payers. Obama and McCain didn’t have the ***** to stand up for the people. Both candidates gave in to Wall Street.

Now is has been revealed. Now we know why the Iraq was is such a disaster. All along we have lead to believe that our soldiers were properly equipped, only to find out now that all this time they have been equipped with WOODEN ARROWS while our “allies” like Georgia gets state of art automatic weapons, tanks, and fighter jets. Wooden Arrows just what the Banks and Wall Street needed to shoot down the financial meltdown. Wooden Arrows, while people cannot pay for health care, they now can shoot the bill down. Wooden Arrows to help the plight of those left homeless so they can shoot the banks foreclosing on them. Wooden Arrows, to shoot the gas pumps and their rising prices. Wooden Arrows, to shoot down food prices. Wooden Arrows, that’s what this country really needed, not all this talk about bailing out Wall Street. Let’s forget about Wall Street and instead make the whole 700 Billion for Wooden Arrows. Are these real people in Washington or a bunch of clowns and comedians impersonating government?

They are calling this a rescue but are adding so much stuff to it. This is ridiculous. They need to sit down with economists and other great leaders to figure out a real, long-lasting solution. We’ve already given billions to AIG, Fannie/Freddie, etc. and the problems are still there. This will be $700 billion down the tubes.
Call or email your Congress member and tell them to vote NO!

Now we know what Obama is going to allow us to have to protect ourselves; after he takes our guns; wooden arrows.

This is NOT rescue.
This is BAIL OUT.
Stop calling it a rescue bill.

Why did less than half of the DEMs vote for the first bailout bill? Why did more than half of the entire House, reject the first bailout bill? Maybe they are actually listening to their constituents. We can only hope that they won’t be sucked into signing onto “rescue #2″. To listen to the posters here and elsewhere on the web, we should have a regular legion of taxpayers that are actually going to vote the losers out that vote for this insanity. What a breath of fresh air the House will have then. The Senate would only have 25 of the ‘old timers” that voted against it, and a lot of new blood would be there next election cycle,as well. Hopefully Ya’ll are not just talk……God Bless America & God Bless our Troops!

It isn’t too late. Let your voice be heard!
Call or email your Congress member now.

Ok, I don’t think that some people get it. I have excellent credit and my debt ratio is very low. Other than my home mortgage and a car payment I don’t owe anything else to the banks, but this past weekend, my car finally gave up, so I headed to the dealer to buy a small eco box. Nothing fancy, just a commuter. Well the finance officer approached me and told me that I was being rejected for a loan. I was shocked considering that I was plunking down over 20 percent. His excuse was that banks are not lending and in spite of the fact that I had excellent credit they declined my application. Finally the general manager came out and explained to me that sales were down over 50 percent do to the credit crunch. Banks are not offering consumer loans. So many auto dealers letting people go do to the lack of sales. Small and medium size corporations cannot borrow money to cover their payroll or upgrade their infrastructure. I the northern Virginia area, the office vacancy rate is high and unemployment is at it’s highest since the early 80’s. Some may say that unemployment is high all over, but the northern Virginia area was considered to be recession proof. People, we are in trouble, and I understand that the bailout stinks, but we need to get the credit markets back up and running or we are doomed. Millions of Americans will loose their jobs and our economic future will look dimmer. If these people cannot pay their debts, our banks will suffer deeper looses, and millions of Americans will lose their savings and jobs. As these people loose their jobs, our tax base will shrink, and the federal government will not be able to guarantee our life saving. The entire nation needs to unite and demand that the root cause of this mess be addressed. If we stay divided, and continue to point fingers, the future consists of milk and bread lines for millions of us, and only if our government can afford it. Worse yet, we could sell our soles to the Chinese and Russians.

WHO is going to make the money?
___
The information is out there;just google it.
AcmeWood Products is one of 3 companies that make that particular wood shaft.Acme was owned by Justin Industries. Justin Industries merged with Berkshire Hathaway in June 2000. Chairman of Berk Hath? Warren Buffett. hmmm…where have we heard that name before?
FOLLOW THE MONEY AND YOU WILL FIND THE TRUTH!

“S” this persons comment is the only one that rings some type of truth. Most people don’t get what is truely going on here! READ s comment!

Money for the summer stimulus package was borrowed from China. What is the total bill? Principal + intrest? Now, $700B, will this money come from China also? Just think $700B x Interest x how many years to pay it back … who stands to gain the most?

I and my co-workers had a liquid lunch, but I am still sober enough to remember this is the true scenario:
You cannot get out of debt by borrowing money. You cannot improve someone’s life by shackling them. You cannot solve a financial crisis by spending. We have two major groups in government, one that taxes and spends and another that borrows and spends. See the problem?
I kept thinking recently “can we vote none of the above?”. But telling myself if I do that I cancel out my vote. There are republicans, democrats, and independents that have it right. We need to choose the best [person] for the job.

The only business in town that buys worthless junk. I mean, even the dumbest businessman knows when something is worthless junk. I was just thinking…I have some junk in my garage they might be interested in. Yeah, it’s junk, but worth a lot of money. Tell you what Mr. Government, I’ll let you have the whole thing for…5 Million. Yeah, I’m reasonable, don’t want to rip off my government. What’s that you say…You’ll give 10 Million for it? That’s great, we got a deal, when do I get paid?

All that business about “shafts’ suggests just one thing to me: the American taxpayer is getting the shaft!

Alan, according to a bank officer that was on the line with one of Rush’s callers, most loans are, indeed, sold off to FM/FM. The bank officer referred to herself as a “server.”

Didn’t somebody preach something about pork, saying…”You will know their names, you will know their names, my friend”. Well, I was just thinking…can you please tell us the names of the Senators who added all this pork? Or maybe, you can’t because they are kind of like “your friends”.

Can we just take names here…the guys that added the pork. Those are the guys I want to see the names of, especially the Arrow guy. He has some pair of cojones.

1. APPOINT A SPECIAL PROSECUTOR TO CRIMINALLY INDICT ANYONE ON WALL STREET WHO KNOWINGLY CONTRIBUTED TO THIS COLLAPSE.
2. THE RICH MUST PAY FOR THEIR OWN BAILOUT. They may have to live in 5 houses instead of 7.
3. BAIL OUT THE PEOPLE LOSING THEIR HOMES, NOT THE PEOPLE WHO WILL BUILD AN EIGHTH HOME. There are 1.3 million homes in foreclosure right now. That is what is at the heart of this problem.
4. IF YOUR BANK OR COMPANY GETS ANY OF OUR MONEY IN A “BAILOUT,” THEN WE OWN YOU. Sorry, that’s how it’s done. If the bank gives me money so I can buy a house, the bank “owns” that house until I pay it all back — with interest.
5. ALL REGULATIONS MUST BE RESTORED. THE REAGAN REVOLUTION IS DEAD. This catastrophe happened because we let the fox have the keys to the henhouse.
6. IF IT’S TOO BIG TO FAIL, THEN THAT MEANS IT’S TOO BIG TO EXIST.
7. NO EXECUTIVE SHOULD BE PAID MORE THAN 40 TIMES THEIR AVERAGE EMPLOYEE, AND NO EXECUTIVE SHOULD RECEIVE ANY KIND OF “PARACHUTE” OTHER THAN THE VERY GENEROUS SALARY HE OR SHE MADE WHILE WORKING FOR THE COMPANY.
8. STRENGTHEN THE FDIC AND MAKE IT A MODEL FOR PROTECTING NOT ONLY PEOPLE’S SAVINGS, BUT ALSO THEIR PENSIONS AND THEIR HOMES.
9. EVERYBODY NEEDS TO TAKE A DEEP BREATH, CALM DOWN, AND NOT LET FEAR RULE THE DAY.
10. CREATE A NATIONAL BANK, A “PEOPLE’S BANK.” If we really are itching to print up a trillion dollars, instead of giving it to a few rich people, why don’t we give it to ourselves? Now that we own Freddie and Fannie, why not set up a people’s bank? One that can provide low-interest loans for all sorts of people who want to own a home, start a small business, go to school, come up with the cure for cancer or create the next great invention.

Did “Hagar The Horrible” write in the wooden arrows for children in this bailout? If ten prominent economists are against the bailout, who besides the politicians are for it? These people tell us that the ship is sinking and include 2 millions for wooden arrows! They are even more stupid than I thought. Did they all come from the insane asylum?

You’re kidding me with the railroad thing right? Maintenance is part of the cost of doing business, just like pencils and paperclips. It isn’t profit and therefore should not be taxed in the first place. The RR companies are already getting ripped off to the tune of 50% of that cost, are they supposed to be grateful? By the way, NOT taxing something exhorbitantly doesn’t mean that it “costs” anything. It isn’t money being given, it’s money not being confiscated.

I like your idea!!!
If you vote for any candidate other than a dem or rep you just might put the dem or rep in to office that you did not want.
A vote for McCain is a VOTE AGAINST THE MEDIA. DON’T LET THE MEDIA WIN….they have worked so hard TO SELL THEIR PRODUCT; let them know how hard it is to work and then get kicked in the teeth.
Posted by: s | Oct 2, 2008 2:31:07 PM

McCain is pulling out of Michigan to run in Maine??? Maine is solid blue?

The junk in the bill is the compromise for both parties to vote for it. Each group gets their little pet project taken care of. Unfortunately this is how politics works. I am not saying Im for it but if we don’t do something we won’t be discussiing pork but soup lines.

What Congress lacks in sagacity
They offset with mendacity.
And all the while, they’ll strut about
Until we vote those ******** out.
All of them are simply feckless;
Their actions are completely reckless.
And all the while, they’ll strut about
Until we vote those ******** out.
Sorry, had to vent a little.
I hope that I did not offend.
But if Congress wants to sit and fiddle
Well, it’s time we bring that to an end.

Term limits are the only two words that make sense.

Derrek: I think your problem is you don’t owe enough money to get a loan. My boss gets credit card after credit card and never pays the full balance. She just quit’s paying when they get maxed out and when they call she makes up some kind of story and settles for 1/2 of what she owes. Then she starts over again with another credit card. She just bought her son who is in college and lives in an apartment that costs more than my house note a brand new expensive car and financed it too. She finances everything and the banks love her. It’s because she has bad credit and they can charge her more interest. That is how these idiots got into this mess in the first place.

The best way that we can get our economy quickly moving again is not by bailing out the big bad banks with 750 billion dollars but by giving that money to the homeless. It is estimated that there are three million homeless people in the United States that are costing the government billions each year to feed and shelter them. A grant of 250 thousand dollars to each person that can prove that they have been homeless for over a year would cost less money then the amount that the government is ready to waste on bailing out the banks. The results would produce the greatest spending spree in American history and jump start our economy. An added benefit would be that many of the homeless would purchase homes that have been foreclosed and bring added life to the housing market. Some Americans would be envious of the new found wealth of our most unfortunate citizens, but instead they should welcome their large contribution to our economy.

Appalling. There was also some verbiage about mustard seeds. Is there a way to attach this nonsense t a particular Senator? Or do you have to watch CSPAN 24/7?
If you think this is bad – wait until the house gets done with it. They have an alternative that has retroactive tax cuts for corporations who have lost money (5 years) and tax cuts for corporations who have sent their plants overseas and have lost money. Call your congressman/woman. Demand that these be taken out. Talk about welfare for the rich and foolish.

The Clown of the Year Award goes to two Special Clowns, Sens. Ron Wyden, a Democrat, and Gordon Smith, a Republican, both were the tricksters behind the ARROW Pork. The Arrow company is of course in Oregon, home of these two bozos.

Remember this. “There’s honor among thiefs”. Why don’t our HONORABLE representatives use some of their non-taxedable dollars and help out! Not a chance!

MARKET–HEAL THY SELF!
CONGRESS–JUST SAY NO!

We need to organize and stop the flow of the capital’s life line, our tax dollars. CHANGE YOUR W-4 line 7 to claim EXEMPT. The time for change is at hand. – R69

Dear “Born in America”,
You say “WE elected them! Well, not exactly. The Electoral College elects them”. Well, as you say, not exactly.
Someone born in America should understand that senators (2 per state) and representatives (total 435) are elected by a simple majority of the people who live in the state they represent. (There are a couple of states that use a runoff instead.)
The electoral college is used to protect the rights of the smaller states and to indirectly select a head of state. It is used because we are the United “States” of America, not the United “People” of America.
The popular vote is used as a kind of recommendation to the members of the college as to which candidate they should vote.
In other words, a candidate must win a majority of college members for the privilege of leading the entire country. (The word “leading” has changed somewhat during the past 8 years.)
The number of electoral votes in each state is a total of their representatives plus their 2 senators. Texas, for instance, has 32 representatives plus 2 senators for a total of 34 electoral votes. DC gets 3. The total for the entire country is 538 (435 representatives + 100 senators plus 3 for DC).
All but 2 states use a “winner take all” approach. For instance, if a majority of voters in Texas vote for Obama (I desperately hope) then Obama gets all 34 of its electoral votes.
Critics claim the electoral college gives the bigger states too much influence over the election and why candidates spend more time there trying to sway voters.

November is fast approaching.
FIRST: Vote EVERY incumbent out of office.
SECOND: Vote for Nadar for President.
Who cares about political party when both the Democrats and Republicans are on the take.
Time for a voter uprising!

Contact your congressmen. Tell them to vote NO!

…remember when the Republicans were bragging about Palins ability to bring needed revenue to the state of Alaska….well, what do you think that was, but the very kind of sweetnsour pork we are seeing here. This is how congress sets itself up to say they were against the bailout….but bought out local interests…….

Arrows, rum and racetracks? You notice there isn’t a dime for “foolish” things, like healthcare, education, care for the elderly, you know, things we REALLY need? My parents are in hock up to their teeth trying to pay for round the clock nursing for my bedridden father. My mother worked 38 years and gets $426 in Social Security. And all she gets are arrows, racetracks and rum? Unbelievable! I am ashamed to call myself an American, with this idiocy.

I’M NOT PAYING AND NEITHER SHOULD YOU!
This bill s u c k s! Congress is CRAZY!
America do NOT let this pass! Burn the phone lines to Congress up and keep it up! Call them every day and often! Joe Wilson (R)SC – Vote NO or you are OUT!

I’m afraid I have some bad news. Theres going to be a collapse no matter what the morons do. Just lining their pockets.The best thing you can do is show them whos boss and vote em out of office!!!!!

This would be a good time to contact your representatives in the House and urge them not to vote for the bail out:
Hi, my name is ________ and I’m a resident of ______. I’m calling to voice my strong opposition to ANY financial bailout. Government regulations caused our problems on Wall Street and the bailout will force my family to shoulder the burden of government’s failure. Vote no on the bailout.”
Oh, by the way McCain is making a big mistake. There are a lot of us here who would vote for him simply because he is not a Marxist, Racist, Sexist, who surrounds himself with radicals and hates the pledge, the flag and everything that made this country great.

The current economic crisis and the Wall Street impending meltdown is the consequence of mismanagement, greed and prolong wars under the Bush Administration for the last 8 years. The now $850 billion Senate passed bailout bill is similar to a carpenter adding a 2×4 to the termites infested beam which will hold the roof from collapsing a little bit longer. If Congress is not going to listen to the opposing voice of the people, they might as well raise the bailout to, say $450 billion pork barrel more since Congress has 3 times more members than the Senate. That may hold Bush economic roof from collapsing longer, but to the sweats & pains of the American people.

Jail them NOT bail them!

I am sensored too! Had great message. Said that I was SPAM!

McSame, Obummer, and all their colleagues, just pigs at the trough filled up by you and me. Didn’t they have a tea party in Boston once to address this ? Time to bring back public flogging of these miscreants.

Also, this is clearly BOTH parties at work here. If you say the TV/Film was by the dems, then clearly the Motorsports Racetrack Property was by the GOP.
Both parties are at fault for this ridiculousness. I think everyone can agree that this system is broken!
Posted by: In the dark | Oct 2, 2008 12:39:11 PM
***********************************
I absolutely agree.
It doesn’t help that BOTH Presidential candidates ignored We The People and voted instead for this bill which will probably not have the desired effect.

Believe me, the people who voice out their opposition to the TARP bailout plan in this blog, are honest, hard work average American people who have suffer under the misrule of the Bush administration. They truly represent the voice of America. I am appeal to the representatives of the House to listen carefully to the their voice. This is your last chance to make the nation right. So when you go to bed in the middle of the night, your conscience will not bother you. When you talk to you grand children in the future, you can tell them how proud you standup for your country men.

I will vote on NOBODY who wanted this bill. I will write in my own candidate.

Does anybody know John Lewis Congressman from Georgia? How do I get hold of him to tell him “Hell No”.

Marcy Kaptur- I like her! Still looking and researching!

They are calling this a rescue but are adding so much stuff to it. This is ridiculous. They need to sit down with economists and other great leaders to figure out a real, long-lasting solution.
We’ve already given billions to AIG, Fannie/Freddie, etc. and the problems are still there. This will be $700 billion down the tubes.
Call your Congress members and tell them to vote NO!

What we need to know is who put each of these in, or whom it will benefit.

Regarding the nearly half billion this bill would award to the Hollywood studios, I am an elected officer of a Hollywood film local and have worked 35 years on Hollywood film sets.
I ABSOLUTELY OPPOSE THIS GIVEAWAY. This apparently grew out of a similar subsidy awarded in the so-called American Jobs Creation Act of 2004. At that time, a large portion of Hollywood film production was going overseas where producers were lured by tax subsidies. If it had an effect on runaway jobs, we never felt it. Now the Bailout bill seeks to extend this.
The problem is due to the weak dollar, runaways to foreign countries all but ended a couple of years ago. This half billion dollar gift to the studios is to solve a problem that doesn’t exist! Not only that, but the studios get half their revenues from overseas so the sinking dollar has been a windfall for them.
This isn’t to say Hollywood is still dying, but now it’s dying from subsidies offered by over half our states.

The bailout is now 1,000 pages long. This isn’t the correct way to fix this mess. Contact Congress now and tell them to vote no.

This “dole-out” bill could be compared to the parents of an alcoholic (Congress) giving their addicted child (Wall St.) a keg, a tap and the keys to a new car (the object(s) of their abuse) using money they raised at the police station fund-raiser (our tax money) and then attempting to bribe us (the police) with gifts (incentives to the bill) so that we’ll look the other way…
Loosen up the credit market? What freakin’ difference does that make?… Ohhhh….. help people go further into debt while they still have no job security and now pay incresed gas expenses etc… sounds like a freakin’ recipe for disaster… How are you helping John Q. Public maintain a liveable income? or a job?

Why not cap interest rates on credit cards? Oops, that would be main street not wall street.

This “dole-out” bill could be compared to the parents of an alcoholic (Congress) giving their addicted child (Wall St.) a keg, a tap and the keys to a new car (the object(s) of their abuse) using money they raised at the police station fund-raiser (our tax money) and then attempting to bribe us (the police) with gifts (incentives to the bill) so that we’ll look the other way…
Loosen up the credit market? What freakin’ difference does that make?… Ohhhh….. help people go further into debt while they still have no job security and now pay incresed gas expenses etc… sounds like a freakin’ recipe for disaster… How are you helping John Q. Public maintain a liveable income? or a job?

“Vote NO! Tell Congress now.”

Now I know how the average Roman felt the day Cesear ended the Republic. I’ll look at the bright side, I’m living a day that will be remembered for thousands of years.

Only complete morons are still making partisan posts regarding this obvious coup that is being waged against the people of this country by BOTH political parties…

They’re not listening to us! Most of us are saying NO; the economists who understand this stuff are saying NO; yet OUR Government is saying YES to shafting We the People. Taxation without representation. It’s time to stop it. They think we’re asleep or stupid or both. Let’s inundate them with e-mails and phone calls and then throw them out of office. Both candidates are sorry choices. I’m going to hold my nose and vote for the lesser of two evils: McCain. Obama would finish us off with his socialistic agenda – but then that’s where we’re headed anyway.

Congress is greedy and corrupt. Shame on them
we need to clean house in our government. Get rid of all those fat cats.Those people make Millions of dollars a year and I ( we ) have to decide if I (we )should buy my medicine or food.
And I know there are millions of people just like me. We can’t do this. Congress is the problem!! Get rid of all them ( they need to be investigated) and put new ones in and if they don’t do right kick their butts out and investigate them, fine them.
Make them pay back their wages.
Better yet make all our politicians work for minimum wages

* The Wool Trust Fund — Cost: $148 million over ten years
Extends a provision that reduces import duties on a limited quantity of imported wool fabrics and places duties otherwise collected on the import of certain wool products into the Wool Trust Fund, which promotes the competitiveness of American wool.

If your vote is on the Yea side of the ledger, Mr. Representative or Mr. Senator, you will not see another term in office. So says the American taxpayer. You are a thief of the highest magnitude.

If this doesn’t seem ludicrous to you, then you are part of the problem. This is absolutely a horrible plan (why do they call it a plan? – there is NO plan – just robbery of the American citizens designed to “look” like a bill). We MUST stand up call this what it is – A CRIME.

What?! McCain and Obama didn’t complain about the extra 100 billion in pork added to this bill? How much do want to bet the House will pile on bringing this to an even trillion? Any takers?

I guess American taxpayers have to hire a lobbyist to get a tax reduction.
This gov’t most certainly isn’t representative of the people.

What happened to The Maverick? His platform has been to end the earmarks… ‘You will know their names!’ Yeah right.

Come to think of it! Maybe that is why Obama thinks we should learn spanish. Invade Mexico next.

Well Denny, I can tell you that my abesentee ballot is sitting here unmarked. I’ve been a decided voter. But this has lended me pause. I don’t know if I will vote at this point, for either one.

“I wonder if this will cost Obama and McCain votes.”

This problem has taken months or longer to develop. But suddenly Bush notes it and it must be fixed immediately and with large sums and unchallenged authority given to a few.
Why wasn’t this country’s economists given time to study this problem and offer solutions? Than if a bailout was still needed, then ok. There is NO excuse for the pork. Ever.

John McCain…make them famous. Tell us their names. I’d like to know who proposed these earmarks. Then I’d like to know why my senators voted to support this despite the flood of email/calls to the contrary.

How did Obama, McCain, and Biden vote?

McCain didn’t vote for this bc of the dems. He voted for this to stay in line w/ Bush, support these lobby groups, and the fat cats that’s receiving this $. This vote really hurt his campaign. Glenn Beck has been all over all day.

Absolutely ridiculous and infuriating: it seems the Senate can’t even vote to ADJOURN without passing some special interest earmark appropriation in the process. Any senator of character should repudiate this bill; the others should apologize to the American people. Heck, that just might BUILD character!

I suspect that Obama and McCain may have striken a deal, such that they vote on the same page on the $850 Senate revised TARP bail out bill. This bill is so huge and they do not want to take side and risk their popularity. Once again, when a politician personal interest is involved, he/she will not care about the constituents.

How do you like that! I keep getting flagged for trying to put links on here now. I guess ABC doesn’t want much of the TRUTH out there.

The federal reserve has already pumped a TRILLION DOLLARS into the banking system. Why do we need more?
The cry from Bush “We gotta pass this quick!!” is how we got into Iraq. Is Congress going to fall for it again?
The politicians see a way to rob We The People again. Free money hand outs to thier cronnies.
Is anyone in congress listening???
WE THE PEOPLE DO NOT WANT THIS !!!

When did we start privatizing gains and nationalizing losses. This is ridiculous. Take 1 minute and tell Congress find a real solution and to Vote NO on this

They are calling this a rescue but are adding so much stuff to it. This is ridiculous. They need to sit down with economists and other great leaders to figure out a real, long-lasting solution.
We’ve already given billions to AIG, Fannie/Freddie, etc. and the problems are still there. This will be $700 billion down the tubes.
Call your Congress member, tell them to vote NO.

Doesn’t anybody remember Ross Perot warning us about the Giant Sucking sound of all your jobs leaving the USA down to Mexico as the Goverment pushed NAFTA (North American Free Trade Agreement). He was right! We soon saw all the manufacturing jobs leave the USA and go to Mexico and overseas. Your Goverment told you that they would replace all those jobs with “Service Sector Jobs”. Basically Insurance, Banking and Technology. Then those Companies started Off Shoring all the Jobs to India, China and Asia! When your Goverment complained the companies said they could not find skilled American workers! The Goverment created a H1B Visa program that allowed them to bring in even lower paid workers (slaves,,,work or your deported) to replace even more American workers. When the consumers started to hurt they said ” We will give them MORE CREDIT” and America went into debt. When Wall Street and the banks finally recognized they could take no more from America they lobbied Congress to change the Bankruptcy laws and your elected “REPRESENTATIVES” did just that to keep you on the hook paying the MASTERS. Now that they cannot take anymore $$$$$’s from you they ask the GOVERMENT to take it with a 850 BILLION DOLLAR bail out to them!!!! FOOLS…..NO BAIL OUT

Way to go Jake. This is why I as a lifelong Democrat have left the party and become an Independent. I will never vote PARTY AGAIN. Palin is the only EARNEST politician, she is the maverick of corruption, she exceeds McCain.
Palin 2012

I wonder if this “bailout” will pay for my car, bike, etc… Maybe, I should just stay home and collect “bailout” help because my job is too stressful. Or maybe, I just need a “bailout” fully paid vacation. When my credit card company calls asking to be paid should I just say, “bailout”? It’s funny that they used the word “bailout”, considering that this is criminal. God bless america, I hope He bails us out soon.

Somewhere I heard the definition of “Stupid” : Doing the same thing over and over again and expecting a different result — does this ring a bell with anyone besides me???

Bryon Wolf Wrote how is next Bryon Wolf this is getting sisking Bryon Wolf Following ’round-the-clock weekend negotiations, the federal government late on Sunday agreed to bail out yet another bank, this time giving the troubled Citigroup a $20 billion lifeline in the form of a direct investment and guaranteeing $306 billion worth of its shaky assets, the Wall Street Journal, New York Times, Financial Times, and others lead off their business coverage today.