Obama Urges Bailout Passage to ‘Prevent Catastrophe’

Yep one of Obama’s big contributors Goldman is going to hurting if this bailout doesn’t go through.

He lost my vote. 1st FISA betrayal, and now bailouts for billionaires, from their millionaire buddies in congress; On the back of the American taxpayer… When IS enough ENOUGH. Ist they give into the wars, then they vote to destroy our constitution and personal privacy, and NOW they want us to be subjected to a financial patriot act, that puts all the risk on US, and gives their criminal cronies OUR money to be able to continue steal even more money from us and give to the international bankers and countries like China, England, and of all places Russia. Why are we stealing money and savings from US citizens and giving it to FOREIGN BANKS!!! How does that help OUR economy!?! I think between the wars and the recession that we are already in since the fourth quarter of last year; I don’t think we need to bleed the American taxpayer and give away OUR hard earned money to subsidize FOREIGN BANKERS! On top of Wall St. America… WHEN is enough ENOUGH!!! Contact your members of congress and get them to KILL this bill a 2nd time!!! Don’t let the Senate or the President, bully the House Republicans to capitulate to the House Democrats and Pelosi and bail out the billionaires, on the backs and personal accounts of YOU and ME, and our children.

Well at least he is being honest saying its not perfect he doesnt like it HONESTY where mccain just wants it passed he doesnt care Mccains looking out for his lobbysit friends

“Let me call my campaign staff and see if I can have a pint with you.”
Once again Obama shows how out of touch he is with real America. No American talks about having a “pint”. Does Obama want a bag of “crisps” with that?

This bill IS A SHAM! Oppose it at all costs!
It is a giant land grab by several institutions, especially Goldman Sachs! Just as NJ’s governor, who is a former Goldman CEO, the Treasury head is former Goldman. Guess who is the main benefactor of this deal… you got it. Goldman! NJ’s governor, Jon Corzine, and the NJ government over the past several years have directly benefitted Goldman Sachs. It’s a running joke in NJ that Goldman seems to be the ONLY lending institution in the country. FORMER GOLDMAN PEOPLE TAKE CARE OF GOLDMAN… PERIOD!
Dennis Kucinich (D-Ohio) is 100% correct on this problem. If the problem is bad mortgage debt, then the problem should be solved from the BOTTOM UP! Just like how Obama wants to correct the economy and help the middle-class by starting from the BOTTOM UP! If Goldman wasn’t getting any money from this deal, I might think that it has a bit of legitimacy to it. But Goldman seems to be the main beneficiary of this plan.
Floating money from the TOP DOWN WILL NOT correct this problem – THE BAD MORTGAGES WILL STILL EXIST! Fix the bad mortgages – Stop the foreclosures – Save the people’s homes. If the big institutions are complaining about the bad mortgages, How can they complain if the bad mortgages are addressed? DO NOT GIVE THEM THE MONEY DIRECTLY!
THIS IS A LAND GRAB AT THE EXPENSE OF THE AMERICAN PEOPLE!

Quote: “Once again Obama shows how out of touch he is with real America. No American talks about having a “pint”. Does Obama want a bag of “crisps” with that?”
It appears that it is _you_ who are out of touch.. come on down to our local pub and you can see some real American workers putting down a few pints. Sorry we don’t fit your world view..

Does he want aragula with his “pint”? Seems to me when McCain said it wasn’t perfect, that he didn’t want to do it, but needed to, the Obots had a screamin mimi…

Please join facebook’s 700,000,000,000 strong against the 700 billion bailout.
Also contact your representative and express you are against this.
http://schumer.senate.gov/SchumerWebsite/contact/webform.cfm
http://clinton.senate.gov/contact/webform.cfm?subj=issue
I am expressing I’m unhappy with the idea of a bailout. I feel if passed Americans will pay yet again for others greed and poor choices. I vote no.

John McCain warned about corruption at Fannie Mae and Freddie Mac in 2005. He even introduced a bill to address the problems. The Democrats (Barney Frank, Maxine Waters, etc.) insisted there were no problems at these institutions. Now it’s clear that McCain was right, but somehow McCain and the Republicans are to blame for this mess? Are you Obamabots crazy? The mortgage crisis is at the heart of this financial meltdown, and it is the Democratic Party who supported ACORN in its quest to make sure low-income people got homes, whether they could afford them or not. You know ACORN – the group that registers their pets and dead people to vote Democratic? As a Democrat, even I can see the Republicans are getting the bum rap for this. The Bush administration has been a disaster, and the Republicans are far from pure, but it’s clear to me that the Democratic elite (not ordinary Democrats) are at the heart of this particular financial problem. The Democrats want to strengthen their numbers in the minority community, and Republicans were hamstrung in their efforts to address these issues because they did not want to be called racists. Now we see what happens when low-income people buy houses they can’t afford – the rest of us wind up footing the bill. This fed-up Democrat has seen the light.

The Repugs railing against the bailout are just stupid.
Our house is on fire.
Instead of doing everything to put the fire out, you want to chase those who set the fire.
By the time you catch them the house would have burned to ground you morons.
If we have to catch and jail those who set the fire like you neocons say, we should:
IMPEACH BUSH AND CHENEY.

*** ohn McCain warned about corruption at Fannie Mae and Freddie Mac in 2005. He even introduced a bill to address the problems. ***
Claim: McCain championed legislation that would have prevented the current financal meltdown
Fact: False/Misleading
In his September 19th speach in Arlington, VA., Sen. McCain states:
“Two years ago, I called for reform of this corruption at Fannie Mae and Freddie Mac. Congress did nothing. Senator Obama did nothing, and actually profited from this system of abuse and scandal”
What he is referring to is a Senate bill (S.190[109th] Federal Housing Enterprise Regulatory Reform Act of 2005) which was originally authored by Sen. Charles Hagel and co-sponsored by Sen. Sununu and Sen. Dole. It was not until after a 2006 Office of Federal Housing Enterprise Oversight Report to Congress outlining problems with the two organizations that Sen. McCain decided to add his name to the bill as a co-sponsor. The bill never made it out of committee (Senate Committee on Banking, Housing and Urban Affairs), which was at the time controlled by a Republican majority and chaired by Republican Senator Richard Shelby. The statement about Congress and Sen. Obama doing nothing is true, but misleading, since there was nothing that they could have done until the bill came to the floor of the Senate, which it never did.
http://www.govtrack.us/congress/bill.xpd?bill=s109-190

It is becoming increasingly harder to support Obama – with each passing day, another disappointment, another betrayal, another signal that he offers little more than the rhetoric of change.

Bottom line – the reason that McCain and Obama support this ridiculous bailout is this .. their way of life as scum sucking politicians will dry up! If you want to know the real answer as to whether this should be passed … ask someone outside of Washington who runs a successful business! Casino owners in Vegas and Trump – ALL of them said “h*ll NO”!!!

How does Obama know there will be a catastrophe? No one predicted that bargain hunters would have run stock prices back up a day after the bailout bill was defeated in the House. The way Obama is buying Bush’s line about a impending “catastrophe,” I’m wondering if Obama would have bought Bush’s scary images of mushroom clouds and WMD and voted for going to Iraq, had he been in the senate then.

I was against the bailout and Bush is an SOB. He lied about wmd’s tha they were in Iraq, but if Obama says we could be in a catastrophe maybe we better slow down and study this bailout situation a little more. George Bush reminds me of little kid in the neighborhood who always makes up stuff but it’s never true. So what happens when he finally says the truth we can’t believe him because he has been constantly lying. Bush is a total failure and this is his last chance to do something right. The problem is that he has never told the truth to American people so it’s very difficult for anyone to believe in him.

Is Barney Frank the chicken or the hen?

Steve_NJ
The people who “set the fire” are Democrats.
Much as most of us loathe the idea of bailing out these bankers who have become rich at our expense, if we don’t do it the consequences for all of us are pretty dire. Either way is unpleasant, but without the bailout is awful.

Keith,
Since when did Bush, McCain, Gramm and other deregulating neocons become democrats?

Thanks Steve,
so you have pints in LIBERAL New England. People don’t ask for pints in the COuth, Midwest, or Western states.
I notice obama did not state any specific concerns. more nothingness.

Those of you who blaming Wall St. for the problems ought to look in the mirror…I bet many of you benefitted from the easy credit available and are living beyond your means. You can blame banks for giving people loans who had bad credit but I am sure many of you were happy to look the other way when your home values were going up because the market was hot…So, blame Wall St. all you want but they were providing what Main St. wanted (i.e, easy access to cash, home ownership, and economy booming). And I am sure many of you voted for the folks who provided this gross lack of oversight because they supported a governmental hands-off approach to the economy. So, America should look at itself in the mirror. The demagoguery and railing that is going on now against the bill is insane. Doing nothing is not an option since it will lead to disaster. Muddling along is no better either since it deepens and prolongs the problem. I don’t like providing $700 billion dollars to shore up the economy. But I do believe something needs to be done now to relieve the crisis….not days, weeks, months, from now.

Geevill,
Others have commented from the heartland that they know what a pint is.
We need to see your birth certificate Mr. Evil. You are not American.

MOST OF THE WALL STREET TYCOONS THAT MADE MONEY OUT OF US
ARE IN FACT ALL REPUBLICANS…
WHY?
BECAUSE REPUBLICANS ARE FOR THE RICH AND NOT FOR MIDDLE AMERICA.
REPUBLICANS FEED BITS OF FOOD TO EACH GROUP TO DO WHAT THEY WANT…MAKE EVERY DAY MORE MONEY OUT OF AMERICANS.
GUNS TO THE NRA
ABORTION AND GAY ISSUES TO CHURCHES
NO TAXES?
THE WHOLE THING IS A SCAM TO DIVIDE PEOPLE AND STOP SEEING THE TRUTH, THAT
REPUBLICANS ONLY CARE FOR THE RICH.

I will vote for Obama but the bailout must have:
1. NO PURCHASE OF JUNK INVESTMENTS–ONLY THOSE BACKED BY REAL ASSETS.
2. NO SUPPORT OF FIRMS THAT BID UP THE PRICE OF OIL/GAS TO COVER THEIRE LOSSES ON BAD INVESTMENTS ELSEWHERE. They are leeches and deserve to fail.
3. Return of all executive level bonuses paid for 2007–they obviously weren’t earned.
4. Some sort of insurance per transaction or progressive income tax to be a premium on future bailout insurance. Insurance companies do it after a storm why not here?

We don’t need Palin and McCain, we need somebody with a brain.

*** Obama: Present ***
McCain: Absent
http://projects.washingtonpost.com/congress/members/m000303/
(absent for 64% of votes, more than any other senator in congress)

*** Obama will vote how his economic advisor, Franklin Raines (Fannie Mae), tells him to vote. ***
Claim: Obama’s top adviser is former Fannie Mae CEO Franklin Raines
Fact: False
Reality:
Many e-mails, blogs and even McCain political television ads have been attempting to connect Obama to the former CEO of failed mortgage giant Fannie Mae, and claiming that Raines is a close adviser to Obama on “housing and mortgage policy”. However, Raines has issued a statement claiming “I am not an adviser to Barack Obama, nor have I provided his campaign with advice on housing or economic matters.” The claim apparently originates with several articles appearing in the Washington Post that rely on a single conversation between Raines and a Washington Post business reporter, Anita Huslin.
http://www.washingtonpost.com/wp-dyn/content/article/2008/09/19/AR2008091903604.html

Obama= “empty suit, no susbstance” as usual!
First flip flop on FISA, now the bail out, and who knows what else. Go back to Chicago, Obammy, Ameica does not want you!

Yeah, we know what a pint is. “Bitter” Americans do not go around asking for a “pint”. When Obama has to go can someone point him to where the “loo” is.

beck: Google “hyperinflationary depression”. Or perhaps “Weimar republic.” Would you like to log around a barrell full of dollars just to buy a loaf of bread! Let them go bankrupt, they can reorganize, cutback, and get new management and come back into solvency. But rewarding a crook from stealing from you by giving him your family, neighbors, and even stangers you’ve never met’s personal savings, does NOTHING to “solve” anything. You don’t stop theft by giving a crook a free pass when he’s caught red handed, AND then steal more money from others to subsidize him for being caught! No you PROSECUTE him and SEIZE his personal assets, it’s called the RICO act, use it! I’m not about to go into the hole just to bailout FOREIGN BANKERS!!! No how, NO WAY!!!

Steve_NJ
McCain supported a bill to regulate Fannie and Freddie three year ago. It was blocked by Democrats. He is not against regulation where it is needed and has called for more regulation for some things.
Don’t believe all the emails you get from Obama. Most of it is not true.
What experience in this area does Obama have, exactly? None? Right, like everything else.

On July 16, 2008, The Washington Post reported that Franklin Raines had “taken calls from Barack Obama’s presidential campaign seeking his advice on mortgage and housing policy matters.”
Also, in an editorial in August 27, 2008 titled “Tough Decision Coming”, the Washington Post editorial staff wrote that “Two members of Mr. Obama’s political circle, James A. Johnson and Franklin D. Raines, are former chief executives of Fannie Mae.
Sorry, I didn’t mention Johnson.
Anyone can find a link to agree with a given opinion.
Facts are not necessarily what Obamabot aj says they are.
Anybody But Obama…

Yup. The needed rush on this, is to hush those who would dare to name names, when the indictments come.
The evidence is all over the place. Obama, Pelosi, Reid, Franks, Dodd, Rains, and others. All complicit in their greed. They are responsible for screwing over every single working tax payer in this country.
The change we were waiting for. It just came before January.

What it means by not perfect is that the dems are attaching lots of riders to it… and there are too many giveaways in it most likely.
Oh, BTW, it was just released that Nancy Pelosi that”House Speaker Nancy Pelosi has directed nearly $100,000 from her political action committee to her husband’s real estate and investment firm over the past decade, a practice of paying a spouse with political donations that she supported banning last year”. by The Washington Times.Imagine that.

The crew at Atlas Shrugs has been doing yoeman’s work at going through Barack’s donations and have found:
$10,450 for Good Will, employed by ‘Loving You’ in over 900 entries
$24,321.41 from someone in a Gaza Refugee camp (from a refugee camp?? Yeah, right!)
$10,780 in 1,044 transactions from DOODAD PRO, working for FDGFDGF
The unreachable and/or non-existent Dr. Okechukwu Dimpka for $4,718.
Note that each of these amounts is greater than that which is allowed. There are any number of odd patterns to be found, like the ‘unemployed’ Jeanne McCrudey, who actually works at CBS, is a HuffPo contributor and made hundreds of contributions. A Rebbecca Kurth made 34 donations in a single day. (I’ll pass on my suspicion on this one. These people may have set up Pay Pal accounts and are accepting contributions from anywhere, then ‘bundling’ them- illegally- under their own names.)
And then there’s this compilation of the odds and ends, including plenty of amounts exceeding legal limits. All in all, a picture of massively illegal fund-raising going on here.
http://www.newsmax.com/timmerman/Obama_fundraising_illegal/2008/09/29/135718.html?s=al&promo_code=6BD9-1
http://atlasshrugs2000.typepad.com/atlas_shrugs/2008/07/obamas-gazan-co.html

The crew at Atlas Shrugs has been doing yoeman’s work at going through Barack’s donations and have found:
$10,450 for Good Will, employed by ‘Loving You’ in over 900 entries
$24,321.41 from someone in a Gaza Refugee camp (from a refugee camp?? Yeah, right!)
$10,780 in 1,044 transactions from DOODAD PRO, working for FDGFDGF
The unreachable and/or non-existent Dr. Okechukwu Dimpka for $4,718.
Note that each of these amounts is greater than that which is allowed. There are any number of odd patterns to be found, like the ‘unemployed’ Jeanne McCrudey, who actually works at CBS, is a HuffPo contributor and made hundreds of contributions. A Rebbecca Kurth made 34 donations in a single day. (I’ll pass on my suspicion on this one. These people may have set up Pay Pal accounts and are accepting contributions from anywhere, then ‘bundling’ them- illegally- under their own names.)
And then there’s this compilation of the odds and ends, including plenty of amounts exceeding legal limits. All in all, a picture of massively illegal fund-raising going on here.
http://www.newsmax.com/timmerman/Obama_fundraising_illegal/2008/09/29/135718.html?s=al&promo_code=6BD9-1
http://atlasshrugs2000.typepad.com/atlas_shrugs/2008/07/obamas-gazan-co.html
SOMETHING STINKY GOING ON HERE
Unlike the McCain campaign, which has made its complete donor database available online, the Obama campaign has not identified donors for nearly half the amount he has raised, according to the Center for Responsive Politics (CRP).

Gwen Ifill is moderator and managing editor of “Washington Week” and senior correspondent for “The NewsHour with Jim Lehrer.” She is also frequently asked to moderate debates in national elections, including the Vice Presidential debate during the 2004 election and the upcoming Vice Presidential debate scheduled for October. Ifill is also the author of the forthcoming book The Breakthrough: Politics and Race in the Age of Obama.
********
Yet, another play by the NoBama campaign to try and pull the “wool over America’s” eyes. Ifill, who wrote a book about NoBama, serving as the moderator? Yeah, just like the Chicago thug, NoBama!

I have a prediction on the debate tomorrow night. Biden will open with a perfect and beautific speach that moves America to new heights and then continue by telling us how he graduated top five at Harvard, proving his proper place in politics…oh, wait; he did that already only it was someone elses speach lol and he didn’t graduate top five at his college, he was in the bottom five percent. Biden loses by lying as usual and passing off other peoples ideas as his own.

YES! Exactly, good going! You notice that the facts are all pointing against Obama. I have not heard one good fact about him yet! Does that tell you Obama lovers something? Evidently not all news stations are giving the american public the correct facts, well you see them now.

Leave it to the left to come up with welfare for the business world.

Politicians Principally to blame for the Impending Financial Collapse of the World Economy
Why is it that governments around the world did nothing until financial death was knocking on the door?
For they were told at least five years ago about the dire state of the international financial markets. In this respect clear examples of this knowledge that they had at the time were,
1. In 2003 the former US Federal Reserve chairman Alan Greenspan warned of the forthcoming financial collapse if Fannie Mae’s activities were not reined in. The government did nothing and Fannie Mae was allowed to continue operating until only last month, some five-years after the warning from the US’s top banker was given. Indeed, the 30% of mortgages in the US, which are toxic mortgages, equates to losses for the banks of $3.1 trillion. Therefore how could politicians overlook such a failure it has to be asked? The only answer can be incompetence and complacency at the highest level.
2. In 2006 the Bank for International Settlements, the world’s most prestigious financial body and the central banker’s ultimate bank, stated that the financial world was in a diabolical state and that it had to change its current ways and activities. No government throughout the world intervened until it is was too late and where caution was not on the agenda for them just a mere two years ago.
Clearly therefore it is the politicians who are to blame for all the mess that we all now find ourselves and due to them not taking any action years ago. Indeed, the dire problems that we are now starting to witness are a direct result of their total complacency for years and where eventually it will cause the worst financial crash that we have ever witnessed. For this is already transferring into the economy and where the wheels of industry are now steadily but surely starting to slow to a full stop.
It is not only the bankers therefore who need sorting out but their bed pals the politicians as well. For both have made enormous financial benefit out of this unprecedented, irresponsibility and appalling personal greed.
Dr David Hill
World Innovation Foundation Charity (WIFC)
Bern, Switzerland

obama will vote “Present” – as usual so he can remain neutral – all for his political gain – he is a FRAUD – and the American people know this.
IF a moderator had written a book on McCain do you think the obama gang would be OK with this – NOT!

John McCain recognized the corruption in Fannie Mae and Freddie Mac years ago. He supported legislation to address the corruption. Democrats stopped it. They said there was no corruption. Obama didn’t open his mouth on the subject. McCain supporters – not enough Americans realize this. The Obama-media is ignoring this little fact. Please spread the word among your family and friends, and ask them to do the same. The Obama-media will never tell Americans the truth. IF CONGRESS HAD FOLLOWED MCCAIN’S ADVICE, WE WOULD NOT BE IN THE MIDDLE OF THIS FINANCIAL MESS.

HP Boston,
Liar.
You are more worried that the earth is shifting fast from under the McNasty Campaign.
You are afraid of the impending crash of that sharade of a campaign.

Any of you Obama fans ever watch C-Span? Why is it that Obama’s claims don’t line up with the events that ocurred on the floor? C-Span proves you people are brainwashed, uneducated on the facts and just spouting the left’s talking points. C-Span….it’s what’s for dinner.

On cnnmoney.com, an article tells that the concessions are:
increased insurance for depositors from $100 thousand to $250 thou for all you folks who are worried about your 1/4 million dollar bank deposits.
relief from the Alternative Tax Minimum or Wealth tax – nice for the rich
renewable energy tax incentives – for individuals and businesses alike – is this you?
and something odd …
“The revised bailout bill also includes a “Mental Health Parity” provision, which would require health insurance companies to cover mental illness at parity with physical illness.”
The golden parachutes are still there. There is no relief for homeowners. The bill is much the same as it was with some special interest concessions thrown in.
Sad that you Americans are getting conned this way. The first bill gets overturned so you think – hey, democracy works! – and go about your business. Then, when no one is looking, the swines take what they want.
None of these concessions will improve your debt situation in the least.
Sorry to see that Obama is just as evil as the last guy. His concessions are not for the little guy at all. He uses this tragedy to show how ‘he reaches out’ but now we can see who he really works for.
Posted by: Stella | Oct 1, 2008 2:56:26 PM
YES! Exactly, good going! You notice that the facts are all pointing against Obama. I have not heard one good fact about him yet! Does that tell you Obama lovers something? Evidently not all news stations are giving the American public the correct facts, well you see them now.
———————
HOW MANY SENATORS DOES IT TAKE TO PUT LIPSTICK ON THE PIG BAILOUT??????
NO!!!
SAY NO TO WALL STREET
RAPE OF MAIN STREET!!!!

Didn’t Bush essentially say the same thing? That catastrophe is imminent?
Yeah, right, the world is going to end if this bill doesn’t get passed. Disaster will be averted if it does. Just like the stimulus checks were meant to divert disaster. And taking over Fan/Fred. And AIG. And, and, and….
How can anyone believe anything that these fools in DC (of either party) have to say? They don’t even understand the problems themselves and somehow they know exactly how to solve the problems?
The truth is there is NO problem: The market is doing what markets are meant to do when so much excess and bad stuff is in the system.
This is pure pandering and fear mongering by politicians on both sides.

451 pages of crap including lotsa pork:
A few of the earmarks stuffed in the bill:
- Film and Television Productions (Sec. 502)
- Wooden Arrows designed for use by children (Sec. 503)
- 6 page package of earmarks for
litigants in the 1989 Exxon Valdez incident, Alaska (Sec. 504)
Tax earmark “extenders” in the bailout bill.
- Virgin Island and Puerto Rican Rum (Section 308)
- American Samoa (Sec. 309)
- Mine Rescue Teams (Sec. 310)
- Mine Safety Equipment (Sec. 311)
- Domestic Production Activities in Puerto Rico (Sec. 312)
- Indian Tribes (Sec. 314, 315)
- Railroads (Sec. 316)
- Auto Racing Tracks (317)
- District of Columbia (Sec. 322)
- Wool Research (Sec. 325)
SERIOULY PEOPLE SERIOULY!!!!!
THE AMERICAN CONGRESS IS AIMING FOR 0%
APPROVAL……..I WILL WORK TO VOTE EVERY SINGLE LOSER OUT OF OFFICE!!!!!
SERIOUSLY!

RE:
Citadel Investment Group
Big Deal. People like and respect Obama. You people are saying his problem is that a lot of different people want him to win. Not so with McCain — just a few wealthy people . . Elites I believe they are called.

Mr. Coffee:
Not so with McCain — just a few wealthy people . . Elites I believe they are called. Yes Elites mean “cream of the crop” not like Obama “bottom of the barrel”

What really surprises me is this — why are you people not emailing & phoning your representatives to protest?
No point in blathering on blogs. Email your congressman and make sure they know you will vote them out if they support this bill.

What is the change that Obama is saying he represents? He said he wouldn’t negative campaign but HE IS. He said he wouldn’t accept pac money; HE DID. He espouses all of the crazy ideas of the far left, NOT NEW. He said he wouldn’t let his campaign be about race and, IT IS. The right hasn’t raised the issue but the left is going crazy with comments like, “just because you vote for Obama doesn’t mean you are not racist”, or my favorite, “If you don’t vote for Obama, you are racist”. Negative campaigning to the left is simply pointing out their voting record.

“MILWAUKEE – Oprah Winfrey’s mother says she shouldn’t have to pay a nearly $156,000 debt to a high-end fashion store because store officials shouldn’t have extended credit to her”
Can Obama slip in a baiilout earmark for Oprah’s mother???? The bailou tin a nutshell. The mother of a black billionaire is not responsible for her own irresponsible spending.

What really surprises me is this — why are you people not emailing & phoning your representatives to protest?
No point in blathering on blogs. Email your congressman and make sure they know you will vote them out if they support this bill.
Posted by: stella | Oct 1, 2008 3:59:45 PM
————————-
Well duh Stella! WE ARE!! So busy it is difficult to get through, we shut em down with the overload AGAIN!!!

What bothers me Stella is that you assume I haven’t called my representatives. I have and I am also able to do these blogs because I am multi-tasking like Obama told me to.

Thank you for calling me on that, HP. I realize now I am sounding very rude, but I am concerned that this deal will go ahead.
I am responding to the cnnmoney article that says that calls have slowed to a trickle and about 1/2 those callers are now in favour of the bailout.
Perhaps that isn’t correct.
Sincerely hope it works out for you. Keeping my fingers crossed in Canada!

I am so glad that Senator Obama has become increasingly animated and passionate in his stump speeches. His debate performance was sharp and authoritative. This is while lately, McCain seems to be dozing off with a total lack of life. He’s not showing any passion whatsoever. It’s hard not to fall asleep listening to McCain. It’s like McCain’s on sedatives, or worse yet, may be he has already given up. We’ll see soon.

If you read Obama’s books you will see he is truly different than the rest. Before you judge him as a politician spouting rhetoric you need to get to know him. I trust this man. He could have worked on Wall Street and be retired now. He is all about helping people who are like him – that have struggled in their lives. Until this election I didn’t even know the difference between a red state and a blue state. This is a historical time – probably the last time in this generation when someone who is really for the people is running. John McCain reminds me of George Bush. If I hadn’t done so much research I probably would still be liking him. Do you really want another person worth over $100 million leading this country? Does he really care about the middle class? He was born with a silver spoon in his mouth.

Bill Clinton has been perhaps the strongest voice against the Obama-created meme that deregulation and the free market are at fault for a crisis actually caused by government interference. On the Gramm-Leach-Bliley bill of 1999, which passed the senate 90-8, with the prominent support of Obama backers such as Senators Chuck Schumer and Joe Biden:
In BusinessWeek.com, Maria Bartiromo reports that she asked the former President last week whether he regretted signing that legislation. Mr. Clinton’s reply: “No, because it wasn’t a complete deregulation at all. We still have heavy regulations and insurance on bank deposits, requirements on banks for capital and for disclosure. I thought at the time that it might lead to more stable investments and a reduced pressure on Wall Street to produce quarterly profits that were always bigger than the previous quarter.
“But I have really thought about this a lot. I don’t see that signing that bill had anything to do with the current crisis. Indeed, one of the things that has helped stabilize the current situation as much as it has is the purchase of Merrill Lynch by Bank of America, which was much smoother than it would have been if I hadn’t signed that bill.”
One of the writers of that legislation was then-Senator Phil Gramm, who is now advising John McCain, and who Mr. Obama described last week as “the architect in the United States Senate of the deregulatory steps that helped cause this mess.” Ms. Bartiromo asked Mr. Clinton if he felt Mr. Gramm had sold him “a bill of goods”?
Mr. Clinton: “Not on this bill I don’t think he did. You know, Phil Gramm and I disagreed on a lot of things, but he can’t possibly be wrong about everything. On the Glass-Steagall thing, like I said, if you could demonstrate to me that it was a mistake, I’d be glad to look at the evidence.
“But I can’t blame [the Republicans]. This wasn’t something they forced me into. I really believed that given the level of oversight of banks and their ability to have more patient capital, if you made it possible for [commercial banks] to go into the investment banking business as Continental European investment banks could always do, that it might give us a more stable source of long-term investment.”

dont know about you guys–but perhaps all are trying to rip us off before the politiocal change—–let wall st bail itself out—i would not trust that nest of super big money thieves. put the money into alternate energy and give us all a break.

McCain warned that this financial disaster would happen in 2006 and the Denocrats told him he didn’t know what he was talking about, Fannie Mae was fine, that he was causing a crisis where there was none.
All along the Dems had their hands behind their back accepting money from Fannie Mae.

Obama is nothing but talk. His contribution to the bailout was calling Bush, Pelosi, and Reid. From ABC News, “I don’t think me calling House Republican members would have been that helpful, I tend not to be that persuasive on that side of the aisle.”
This is the great uniter who’s going to change the way Washington works? John McCain has a proven record of working across the aisle.

Right on ‘aj’.. our current inequality between classes is staggering, and McCain just wants it to get even wider. He has no intention on offending his big oil friends, and everybody knows it. Palin’s state of Alaska almost all of their revenue from oil, mostly from windfall taxes that are then partially given back to the residents. McCain is completely opposed to windfall taxes on oil and has made it completely clear.

mccain thinks that we can continue borrowing money as long as we want without any consequences.. as does bush. it will be generations before we can undo the mess they have made of our economy and the idiots who supported it.

If Barry had wanted the first bill to pass he would have been in Washington trying to garner votes from his party. At least McCain got 60 republicans to sign onto it.
What was Obama good for? “Call me is you need me”, “I tend to not be persuasive when it comes talking to Republicans”
A president needs to be able to work with both parties if they want their programs passed. The American people are so sick of the current Congress they may vote all of the Democrats out and then we will have another stalemate. Republican Majority and Democrat President. Nothing will get done. We will be back to where we are now.

I understand the need to promote you guy; however, I do not see a lot of talk regarding policies but rather nasty insults and vomiting spin. For instance when watching obama speak in WN I did pick up on some of the departments he intends to cut such as Agri-Business subsidies, so you have to ask yourself since only one percent of us are now farmers, won’t this substantially increase the price of food?? Farmers are not going to produce if they cannot turn a profit subsidies help regulate that. Or the government will now handle student loans and take it out of the hands of private lenders..I would think that this would make future students concern..MORE RED TAPE..MORE REGULATIONS…and who knows what I know Obama has mentioned mandated volunteer work in exchange for student money??? National health care…wants to reform Medicare…
JUST SEEMS LIKE IT IS TOO MUCH BIG BROTHER FOR ME…

WASHINGTON — House Speaker Nancy Pelosi paid her husband’s real estate and investment firm nearly $100,000 from her political action committee over the past decade, a practice that she voted to ban last year and that her party condemned as part of the “culture of corruption” when Republicans did it.

Fred Truth–None of the Republicans were going to sign onto the bill until McCain. The dems didn’t even need one Republican vote if they really want to pass the bill, THEY HAVE THE MAJORITY!
Obama could have gotten more Democrats to sign on or tried to persuade more Republicans, but he didn’t even try.

checks and balances-you’re right. All the promises Obama makes are pipe dreams. Our country cannot afford the programs he wants to put in place. Universal Healthcare might be great in a country with a smaller population, we would go bankrupt. The bailout proposal is nothing short of socialism.
He also doesn’t have a viable energy plan. All he has said is alternative fuels (ethanol) and putting air in your tires.

Health care comparison, WSJ says:
Given the current inefficiencies in our system, the impact of the Obama plan will be profound. Besides the $2,500 savings in medical costs for the typical family, according to our research annual business-sector costs will fall by about $140 billion. Our figures suggest that decreasing employer costs by this amount will result in the expansion of employer-provided health insurance to 10 million previously uninsured people.
In contrast, Sen. McCain, who constantly repeats his no-new-taxes promise on the campaign trail, proposes a big tax hike as the solution to our health-care crisis. His plan would raise taxes on workers who receive health benefits, with the idea of encouraging their employers to drop coverage. A study conducted by University of Michigan economist Tom Buchmueller and colleagues published in the journal Health Affairs suggests that the McCain tax hike will lead employers to drop coverage for over 20 million Americans.

See Why Far Right Republicans, wanted SO MUCH PORK, added to new BILL.
If Rick Davis is MORE CORRUPT than Acorn, Why does Capital Socialists only focus on Acorn.
Say No to McCains Pork add on’s to the Bill.
Say No to Wooden Arrows.(If wood=Metal, then you can figure out Arrows) :)
Say No to WallStreet Rescue
Watch CNN and MSNBC
Checkout Turning Points, with Tom Brokow, for History Outlines and Debates. Including JFK’s Debate.
Call Your House Reps. and say NO to ADDED PORK.
Vote INDEPENDENT
SAY NO to PORK for RACETRACKS. Gambling on Wall Street Has already Gambled AWAY Americas FREEDOM.
VOTE NO TO CONGRESS PORK
VOTE NO TO CONGRESS PORK
VOTE NO TO CONGRESS PORK
VOTE NO TO CONGRESS PORK
VOTE NO TO CONGRESS PORK
VOTE NO TO CONGRESS PORK
VOTE NO TO CONGRESS PORK
VOTE NO TO CONGRESS PORK