We'll FIX IT LATER !?!?!?

Would you buy a $700 Billion dollar used car from these people?


Didn't they promise that the Iraq War would be paid for by the sale of Iraqi Oil?
I don't recall a single mention of paying back the taxpayers when that Oil Companies were given no bid contracts for Iraqi Oil.

Didn't they say that there were protections written into the Authorization to Use Force in Iraq?
I don't remember them holding Bush accountable when these "protections" were laughed at.
I don't remember anyone saying anything at all.

Didn't they say that there were problems with The Patriot Act, but we NEEDED a bill immediately, and they would go back and FIX IT later?
No body went back and fixed it later.


Now they are saying "Give us $700Billion of your children's money to throw at Wall Street, and we'll fix it later?

We certainly need to do something, but this problem didn't magically occur suddenly last Friday night.
No one can say "Who could have foreseen this?"
The alarms have been ringing for years while our Representatives sailed Merrily along playing the Great Ponzie Scam and making profits.
NOW, they demand an emergency immediate BailOut that does NOTHING to fix the system that caused it.

Forgive me if I'm having trouble trusting you.

Fix the boat before trying to bail it out, or you're wasting your time and our children's money!

including a parking ticket. They'd screw it up totally.

I do want them to pass a small portion of the bailout, just enough to keep the banks solvent until January.

By then, we should have a better Congress and the Democrats will have had a couple of months to sit back and plan what they need to do to fix this collapsing GOP economy.

You know, like obliterate Reaganism.

If this 'bailout' bill does not prevent what caused this 'crisis', it will be a never ending cash flow for these crooks...

And, what about the people who let all these bad mortgages originate? Where are our Democratic hearing going after those who CAUSED these bad mortgages?

Pelosi and Reid are right behind them. AGAIN.

What, me worry? :grr:

The $700Billion dollar spending bill originating in the Senate (?!?!) today is being ram-rodded by Senator Schumer (Dem, Wall Street).

I couldn't find a good picture of him, so I went with Pelosi, Reid, and their good friend Paulson.

with them and so would Obama but they have another gig.

We don't own this country, we just pay for it.

but I am sure there is no connection between the two.

:sarcasm:

:shrug:

It doesn't seem like it will ever happen.

America will not be free until we have publicly funded elections.

We must open up the credit markets, so the economy doesn't collapse. It is huge amount of money, but the negative consequences of inaction will be far greater.

And you know this HOW?

By listening to the same people who caused the problem or profited from it?

Will giving $700BIllion to Wall Street solve the problem, or will we be spending MORE Billions of our children's money in a couple of months?

This has ALL the signs of another quick Smash & Grab that will enrich a few, and cause deep problems for the people who actually have to pay the bill.

I agree. There is a SERIOUS problem in America. It has been festering since Reagan was president.
$700Billion may prop up the old system for a few weeks, but does nothing to solve the problem....and our children get to pay the $700Billion bill.

However, the net result was a kick in the pants to Congress to get them to act. They were to afraid to do anything for fear of loosing a stupid election.

This corporate welfare scare is to protect investor (campaign contributors) assets and has nothing to do with the economy.

Same as it ever was.

All of the screamers have forgotten/don't know that the Fed can lend at 0% in a true crisis to prevent a liquidity freeze.

All of this hysteria is Wall St. holding a gun to our head and saying "Give us some more."

some of the same DUers who are in favor of it now will be back, railing against it.

They'll still lie about it(They always do), but the newbies won't be taken in when they say they were always against this.

A true voice of sanity.

with everyone on it because of your disdain for "fat cats" has blinded you to the fact (ofr perhaps caring about the fact) that you and tens of millions of others will be hurting much more than they will if we don't act deciively now- rather than 6-10 months later.

and soon, if not NOW. Giving the crook at Treasury more or less of a blank check with no plan is not responsible unless you trust him?

and there's oversight.

James Galbraith opposed the initial Paulson plan, but like Krugman, is on boad with this one- with of course, reservations and suggestions- which many of us have.

How Much Will It Cost and Will It Come Soon Enough?

Could the current bailout bill have been better? Yes

There is no question that the current bailout bill represents an enormous improvement over the original Treasury proposal. Unlike the original proposal, this bill protects the public interest with requirements for disclosure and audit, for reporting to Congress both on procedures and results, and with protections against arbitrage, conflict of interest, and fraud, with provisions requiring the secretary of the treasury to try to minimize foreclosures, to acquire warrants, and with limitations on executive compensation, especially golden parachutes.

More: http://www.prospect.org/cs/articles?article=how_much_will_it_cost_and_will_it_come_soon_enough

Bottom line: there's a reason why Obama is supporting this, even though its not popularly recieved by the base- and he gave those reasons to us in Reno yesterday.

I'm on board ith his- because he understands what's driving some people to ignore the consequences of failing to get this passed.

He's running for office and he's no measure of what is good for us right now.

An enormous improvement over a POS is still too close to a POS.

what else is new? obama had reasons for his fisa vote, but it was still a bad vote. perhaps the difference here is you trust obama, pelosi, reid, bush, and cheney, and i don't. fuck "reservations". fix it right, now.

A little time for planning AND fixing would have gone a long way.

not acting may may well bankrupt many posters on these threads. No question that if credit markets aren't restored, there are going to be major business failures and double digit unemployment.

No one like fat cats- and they'll be called into account- as Obama has said. Right now, what we need to do is take care of main street.

Sorry if I feel Obama may be slightly biased in his support of the BailOut.

LOL.

It's not like Obama is some kind of anomaly.

from his Wall Street benefactors. I have seen this brought up elsewhere over the past week, Democracy Now, or somewhere actually left wing.

the Wall Street money part.... but McCain loves the Pentagon, war and the Bush Junta business as usual and he takes his share of corporate/special interests billions from everybody--

A McCain/Palin admin and Supreme Court is too totally grim to even think about.

Environmental and labor concerns would be addressed after NAFTA was passed.

They were going to fix NAFTA later.
I can still see their smiling faces as they reassured us that LABOR and Environmental concers would ALL be adressed, but we need to pass NAFTA NOW.

Never happened.

i'm with you. i don't trust them at all. i'm at work but i have Cspan on and it seems that they're just getting up one after the other and spinning shit. i don't know what this latest version of the bill looks like. i don't even know where to find out. but what i bet is, once i see it, i will see that STILL paulson has absolute power over a tremendous amount of taxpayer money, more than one person should ever be able to control. so i'll keep calling and writing as long as it's not decided.

Military Commissions Act. That passed in Sept. of 2006. Good thing the Dems went right in and fixed that after they took the majority in both houses. Oh wait...

like SHARES to be cashed in on some future date. Something that makes these idiots do the job right because it will have to be paid pack without excuses. It may take a while but I'll leave them to my grandchildren when I re-do my will. One way or the other, payback has to come and I'm sick of just paying out with no accountability.

that's OK well put a tankful in for you.

Did you see him on CSPAN or?

there are many other options being presented...step back...take a breath...don't panic...we can fix it if level heads prevail....without giving away the farm..

and I agree with you. We can do better than this.

:hi:

And everything else. But the repubes won't let it come up for a vote.

needs to wake the f up. Anyone who has ever witnessed the Democrats going along with him needs to be kicked in the remote.

Something does need to be done. But we hurry at our own peril. And I don't give a damn what Obama says. He's a candidate, not yet the Pope last time I heard.

besides, i don't much care what the pope says, either.

I just can't even think about it anymore. Too depressing. :(

I wonder who paid for it?

get ready to work until the day you die, folks.

Not one of those faces in that photo along with many others have far more money than they need and have nothing to lose when everything falls apart.

It's easy for them to stand there with their games but not for many , many others. They have done nothing and only care about their political career positions.

Freaky how suddenly here we are with the Iraq occupation all forgotten and the death and robbery and illegal war all for gotten.

All the focus is shifted like magic onto the economy meltdown when it existed all along and we sit here looking at the elections too.

Nothing else seems to matter. The car ad's and all the consumer crap ad's continue to run along as if NOTHING at all matters and nothing at all has changed.

wow, are you naive. you must be thinking in the old god guy/bad guy paradigm. try bad guy/slightly, slightly, slightly less bad guy. you won't feel any better, but you'll be right.