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Comments

1. #401
   On September 29th, 2008 at 5:41 pm, happyscrapper said:

   On September 29th, 2008 at 5:35 pm, oldcollegeguy1980 said:
   Just to be clear on the bailout.

   I am not 100% opposed to government intervention in some way.

   I am 100% opposed to ignoring the facts which led up to this mess.

   Barney Frank, Maxine Waters, Chris Dodd, Nancy Pelosi Chuck Schumer and “Several” others have to go.

   At the heart of this problem is liberalism. Till that is addressed we are simply wallpapering over a hole in the wall with winter storms approaching. How is that for an analogy?

   I hate analogies!

   Till the people who led us to this point are dealt with, NO DEAL!

   I agree. But they shouldn’t just be fired. They need to go to prison. Their actions were criminally complicit in this whole thing. They think they are so powerful that they will get away with it. Oh, how the mighty will fall!

2. #402
   On September 29th, 2008 at 5:43 pm, happyscrapper said:

   On September 29th, 2008 at 5:40 pm, oldcollegeguy1980 said:
   happy Scrapper

   My wife and I have several good Bean and corn bread recipes

   God Bless you!

   WE’LL BE OK TOO!

   Beans and corn bread…Yum! God bless you too!

3. #403
   On September 29th, 2008 at 5:46 pm, backwoods conservative said:

   I grew up eating pinto beans and cornbread. I consider it a delicacy.

4. #404
   On September 29th, 2008 at 5:46 pm, vickisoup said:

   Buy some seeds for a few pennies, plant them, grow some veggies, mix ‘em with Ramen noodles and, voila! That is not a bad meal, actually.

   Now that I’m putting it all out there, it is my belief that, if there was no welfare, poverty in America would virtualy cease to exist. If we knew that our neighbor’s next meal or well-being depended upon our kindness toward them, they would be given what they needed. Even if I were broke, perhaps especially if I were broke, I would do everything within my power to take care of them with the blessings God has given me, and I believe you would, too.
   Sharing out of our own need is what makes this country great.

5. #405
   On September 29th, 2008 at 5:47 pm, franksalterego said:

   It’s dropped less than 5 percent.

   So, a corporation with a Billion Dollar market cap. is only down $50 Million.

   A Million here…A Million there…Pretty soon, we’ll be talkin’ ’bout real money.

   right?

   [rolls eyes]

6. #406
   On September 29th, 2008 at 5:50 pm, nyc123me said:

   FYI yes I am male. I am not young, but I am not retirement age just yet either. I lived most of my life overseas. I moved to USA in 2001. I am an adult student trying to make something of myself through hard work and almost no income. If you don’t believe me, I don’t care.

7. #407
   On September 29th, 2008 at 5:51 pm, edelweiss said:

   Hi again! I’m back! (well sort of…)

   My dad sent me this link to my mailbox and I just wanted to share it with you. Read it and pls tell me what you guys think about it.

8. #408
   On September 29th, 2008 at 5:51 pm, vickisoup said:

   I believe you, nyc123me, and I care.

9. #409
   On September 29th, 2008 at 5:51 pm, FilmLadd said:

   On September 29th, 2008 at 5:47 pm, franksalterego said:

   It’s dropped less than 5 percent.

   So, a corporation with a Billion Dollar market cap. is only down $50 Million.

   A Million here…A Million there…Pretty soon, we’ll be talkin’ ’bout real money.

   right?

   Let it drop 10%! 20%! 50%!

   I do not exist for the State! I will not be a slave to big socialist corporations for so-called economic security!

   It is NOT THE GOVERNMENT’S JOB to PROTECT ANYONE’S 401K!

   Freedom is worth 100% of the market’s value!

10. #410
    On September 29th, 2008 at 5:53 pm, franksalterego said:

    It’s dropped less than 5 percent.

    I wonder if, our little blogger will be so blah-zay, when Corporate America lays off 5% of their workforce to compensate.

11. #411
    On September 29th, 2008 at 5:54 pm, vickisoup said:

    Interesting article, edelweiss, if not surprising.

12. #412
    On September 29th, 2008 at 5:54 pm, FilmLadd said:

    On September 29th, 2008 at 5:51 pm, edelweiss said:

    Hi again! I’m back! (well sort of…)

    My dad sent me this link to my mailbox and I just wanted to share it with you. Read it and pls tell me what you guys think about it.

    I think most big corporations LOVE socialism and collectivism. They LOVE having the government protect them from competition and small business.

    You idiot socialists never seem to get that you’re fighting FOR what the big corporations want! All the while ranting about how “greed” and “big corporations” are evil.

    Moronic collectivist pawn!

    A posse ad esse non valet consequentia!

13. #413
    On September 29th, 2008 at 5:54 pm, nyc123me said:

    Thanks again Vickisoup, it helps.

14. #414
    On September 29th, 2008 at 5:54 pm, fulldroolcup said:

    DanME, this is not a Republican or Democrat problem. It’s an American problem.

    Yeah, but just maybe it doesn’t require a socialist solution. Or to the extent it does, the corrupt and outrageously incompetent government officials who let this happen (Frank, Dodd et al) should be charged with every credible criminal offense (influence-peddling, bribe-taking etc.) and forced to resign.

    In any other country, such officials would already be in disgrace, in jail (or in places like china) in the ground.

    If we allow these perps to “skate” we will deserve every bit of misery they have created.

15. #415
    On September 29th, 2008 at 5:55 pm, vickisoup said:

    OK, scarier than the market’s drop today? The picture of Nancy Pelosi on the drudgereport home page.
    

16. #416
    On September 29th, 2008 at 5:56 pm, FilmLadd said:

    On September 29th, 2008 at 5:54 pm, nyc123me said:

    Thanks again Vickisoup, it helps.

    I believe you. I was in your position. And you can work your way out of it on your own!

    Collectivism is NOT the answer.

17. #417
    On September 29th, 2008 at 5:56 pm, vickisoup said:

    fulldroolcup, read all of my comments. We are in agreement.
    My point was that Dems need to stop blaming and start doing something, but they never seem to learn.

18. #418
    On September 29th, 2008 at 5:57 pm, happyscrapper said:

    There isn’t a very long growing season here in Minnesnowda, but my husband and I always buy a lot of things when they are on sale and we have a very large, fully stocked pantry. We also believe in eating up our leftovers! I even sometimes re-use aluminum foil, a habit I picked up from my dear old mom.

19. #419
    On September 29th, 2008 at 5:58 pm, Marie said:

    Re: Drudge photo. Does Nancy Pelosi have lock jaw? Now that would be a good thing!

20. #420
    On September 29th, 2008 at 5:58 pm, davidcaskey said:

    After reading most of the comments, it is clear that you most of your don’t really have much in the way of education or insight. In other words that you can understand, you are as dumb as a rock. The bill was bad, the government made the crisis, so we are all feeling better that we stopped them from allowing us to get screwed. Or did we.

21. #421
    On September 29th, 2008 at 5:59 pm, vickisoup said:

    Marie, it could just be too much botox.
    

22. #422
    On September 29th, 2008 at 5:59 pm, happyscrapper said:

    On September 29th, 2008 at 5:50 pm, nyc123me said:
    FYI yes I am male. I am not young, but I am not retirement age just yet either. I lived most of my life overseas. I moved to USA in 2001. I am an adult student trying to make something of myself through hard work and almost no income. If you don’t believe me, I don’t care.

    What country did you come from?

23. #423
    On September 29th, 2008 at 6:00 pm, vickisoup said:

    On September 29th, 2008 at 5:58 pm, davidcaskey said:
    After reading most of the comments, it is clear that you most of your don’t really have much in the way of education or insight.

    This made me piddle.

24. #424
    On September 29th, 2008 at 6:01 pm, JonB said:

    Faith does not guarantee life or exemption from extreme hardship, nor is the USA exempt from the 7 seals.

25. #425
    On September 29th, 2008 at 6:02 pm, nyc123me said:

    Ironic. The Fed is pumping an additional $630 billion into the system anyway. Great. Maybe that will stop things crashing as hard, but I doubt we’ll see any of it back. I think I need to step away from the computer for a while.

    FilmLadd, yeah I know – I wouldn’t be here doing it in the first place if I thought there was no point.

26. #426
    On September 29th, 2008 at 6:03 pm, abqalan said:

    For the first time in my adult life I am proud of Congress!

27. #427
    On September 29th, 2008 at 6:07 pm, oldcollegeguy1980 said:

    David we have not stopped anything.

    They are simply going back for more discussions behind the scenes which you and I will never know about. Probably??

    Thus we will be revisiting this issue later this week or next.

    Will that legislation be any better than this? Who knows.

    Between now and then expect the newsmedia to ratchet up the doom and gloom predictions.

    Will they come true? Again who knows.

    But if all they have to do to make us do what they want is to ratchet up fear. Then we’re screwed already.

    As I stated earlier, I am not 100 % against some type of intervention.

    However I do not trust the people who caused this crisis to correct it any better than they wrecked it.

28. #428
    On September 29th, 2008 at 6:12 pm, LC said:

    I would happily give all my money and every one of my worldly possessions in exchanged for freedom from the tyranny of a Socialist government. God has Blessed me and I want to make sure my kids can enjoy these same liberties in their lifetimes.

    nyc123me – make sure you understand what this bailout would mean (in it’s current form) to the country. You came to America for a reason. Think about that before you “vote” to throw it all away.

29. #429
    On September 29th, 2008 at 6:12 pm, oldcollegeguy1980 said:

    I just saw this quote on a DRUDGE link.

    “We are now in the golden age of thieves. And where I come from we put thieves in jail, we don’t bail them out.” — Rep. Pete Visclosky, Democrat.

    While I do not know who he means, I agree with the sentiment.

    I simply think the first in line should be Franklin Raines, Jamie Gorelick, Barney Frank, Chris Dodd, Chuck Schumer, Maxine Waters, among others.

    We can add to this list, but I doubt anyone would remove any of these names.

30. #430
    On September 29th, 2008 at 6:35 pm, flenser said:

    As I stated earlier, I am not 100 % against some type of intervention.

    Likewise. But if it’s going to happen, I’d like to see it involve reversing the stupid decisions which led us to this point. For instance, CRA should be scrapped. No bank should ever be pressured to lend money to bad credit risks. And Fannie and Freddie should be scrapped or made completely private.

    I could, reluctantly, go along with some sort of bail-out. But they MUST correct the underlying problems. Otherwise we’ll just go through this all over again in another dozen years.

31. #431
    On September 29th, 2008 at 6:39 pm, RabbidSquirrel said:

    On September 29th, 2008 at 5:40 pm, oldcollegeguy1980 said:

    happy Scrapper

    My wife and I have several good Bean and corn bread recipes

    I make a mean mayonaise sandwich! When time are tough, I can cut back to air sandwiches too.

32. #432
    On September 29th, 2008 at 6:42 pm, RabbidSquirrel said:

    Here is my one piece of relatively serious financial advice. (note that it is free)

    Now might not be the time to invest in the ‘dietary aids’ or the ‘male performance enhancing’ markets!

33. #433
    On September 29th, 2008 at 6:53 pm, AnotherBrian said:

    I know that a lot of you are cheering that the bail out did not pass, but let me point out one thing.

    A 800 point drop in the stock market is never a good thing. Ever.

34. #434
    On September 29th, 2008 at 6:59 pm, RabbidSquirrel said:

    A 800 point drop in the stock market is never a good thing. Ever.

    Per my post on the other thread.

    777 points is a trillion dollar loss.
    

    So that means we have 13.33 Trillion to go.

    Times are tough all over

35. #435
    On September 29th, 2008 at 7:03 pm, Milwaukee Mike said:

    After reading most of the comments, it is clear that you most of your don’t really have much in the way of education or insight.

    Yes, most of the most of us don’t. Mostly

36. #436
    On September 29th, 2008 at 7:03 pm, hayroller15 said:

    Hear, Hear! FilmLadd #408

37. #437
    On September 29th, 2008 at 7:06 pm, MarcoPolo said:

    I know that a lot of you are cheering that the bail out did not pass, but let me point out one thing.A 800 point drop in the stock market is never a good thing. Ever.

    Again, it isn’t even on the top 10 list if you use a percentage basis.

    Mike Rogers from Michigan voted no, and was on the radio later. I was really optimistic after hearing him. He outlined a 3 point plan that wouldn’t cost the taxpayers a dime.

    Of course, I’ll bet the Democrats would never sign on to a plan like that.

38. #438
    On September 29th, 2008 at 7:15 pm, FilmLadd said:

    On September 29th, 2008 at 7:03 pm, hayroller15 said:

    Hear, Hear! FilmLadd #408

    Thank you.

    On September 29th, 2008 at 6:53 pm, AnotherBrian said:

    I know that a lot of you are cheering that the bail out did not pass, but let me point out one thing.

    A 800 point drop in the stock market is never a good thing. Ever.

    If it means my freedom and the freedom of my children, it’s a great thing. A glorious thing. A thing to be celebrated.

    Are you saying your freedom is worth 777 points?

39. #439
    On September 29th, 2008 at 7:17 pm, cicerokid said:

    franksalterego said:
    It’s dropped less than 5 percent.
    I wonder if, our little blogger will be so blah-zay, when Corporate America lays off 5% of their workforce to compensate.

    As long as it’s the 5% tht makes up the illegal population…

40. #440
    On September 29th, 2008 at 7:21 pm, Joy said:

    Earlier I was convinced someone had posted a link to the wrong bill… but apparently I simply didn’t understand how THIS could be the bill title!

    BILL TITLE: To amend the Internal Revenue Code of 1986 to provide earnings assistance and tax relief to members of the uniformed services, volunteer firefighters, and Peace Corps volunteers, and for other purposes

    What is up with THAT?

41. #441
    On September 29th, 2008 at 7:25 pm, cicerokid said:

    nice quote old college guy #428. Visclosky is a Hoosier Rep that voted “nay” on this piece of art…

42. #442
    On September 29th, 2008 at 7:33 pm, CleanGuy said:

    I guess we can thank Pelosi. If she hadn’t opened her tight lips, this might have passed.

43. #443
    On September 29th, 2008 at 7:40 pm, vickisoup said:

    Interesting that the Dow lost 777 points. Bible prophecy is big on 7′s.

44. #444
    On September 29th, 2008 at 7:45 pm, CO2 Producer said:

    Paul Ryan said aye. What the—

45. #445
    On September 29th, 2008 at 7:46 pm, AlohaGuy said:

    “In Wall Street and Hollywood, the profits tend to come in great big packets, and everyone wants a piece,” said Crystal, a former Bloomberg columnist. “Whether it’s the movie `Dark Knight’ or a huge merger deal, he who can make it rain, he who can bring everyone to the theater, can earn whatever he wants.”

    Until the rain stops.
    (from edelweiss’ link)

    It’s also helpful if you can tell the difference between rain, and someone peeing on you.

46. #446
    On September 29th, 2008 at 7:55 pm, vickisoup said:

    $700 billion bailout proposal, the Dow sinks 777 points, or 7 percent in value….that’s a whole lotta 7‘s.
    Not sure if it means anything but just sayin’….

47. #447
    On September 29th, 2008 at 8:05 pm, Rob said:

    I know that a lot of you are cheering that the bailout did not pass, but let me point out one thing. A 800 point drop in the stock market is never a good thing. Ever.

    Maybe it is time for survival of the fittest? Let the welfare losers die, the illegals go home.

    Would I give a large portion of my wealth to get rid of the Mexicans and the Black gang members???

    YES! I would live in a safe country, rather than in the hip hop taco shop that Southern California has become.

48. #448
    On September 29th, 2008 at 8:14 pm, vickisoup said:

    Rob, ouch. Your comment hurts even the reader.
    

49. #449
    On September 29th, 2008 at 8:16 pm, Marie said:

    Yuppers, this was a “rope a dope” tactic
    as I listen to Rove on Fox News.

    Palosi didn’t want this to pass. She wanted it to fail to blame Repubs.

50. #450
    On September 29th, 2008 at 8:17 pm, BlameAmericaLast said:

    448.
    On September 29th, 2008 at 8:16 pm, Marie said:

    Yuppers, this was a “rope a dope” tactic
    as I listen to Rove on Fox News.

    Palosi didn’t want this to pass. She wanted it to fail to blame Repubs.

    Yep, and Odumbo’s poll numbers are increasing. It’s working for them. Wonderful. Now we’re going to have socialized (nationalized) banking system, along with healthcare. Oh boy, I can’t wait.

    NOT.

51. #451
    On September 29th, 2008 at 8:18 pm, Atlanta Media Guy said:

    Senator Shelby
    Shelby of Alabama had a letter signed by 200 economists from Universities and Think Tanks from around the country. In the meeting with Bush Thursday, the president said “I don’t care what college professors think.” Shelby walked out of the meeting right then. Bush was pushing this through because he was worried about his legacy. My Rep. Dr. Tom Price (R) voted No and I am proud of him. This was not a time to socialize Wall Street. I’m calling my broker tomorrow and going to look for some deals to buy on the DOW and NASDAQ. All weekend long Pelosi, Reid, Schumer, Dodd and Frank were blaming all this on the GOP yet their fingerprints are all over this mess. The GOP has 35 days to make sure the undecideds get the message. I bet they do! This election will go down in history as the wildest. Let’s hope there is a landslide on November 4th, or lawyers will be descending on Secretary of States like no other time before. Time to Rock the Vote and help McCain/Palin return some civility to DC.

52. #452
    On September 29th, 2008 at 8:23 pm, traveler49 said:

    On September 29th, 2008 at 5:58 pm, davidcaskey said:
    After reading most of the comments, it is clear that you most of your don’t really have much in the way of education or insight. In other words that you can understand, you are as dumb as a rock.

    Davidcaskey, your are right mosetly. My education are not mosetly good.

53. #453
    On September 29th, 2008 at 8:25 pm, Rob said:

    On September 29th, 2008 at 8:14 pm, vickisoup said:
    Rob, ouch. Your comment hurts even the reader.

    Here in what has become Mexian, Black land.. it hurts every damn day.

    I go for a walk in my neighborhood with my wife, and I get HARD looks from the blacks and Mexicans sitting in groups on the curb or in the driveways in an area that ten years ago was safe and nice.

    I went to the 7/11 yesterday to get gas, and a loud, rap-playing, car full of young gang member blacks sat at blared their noise and acted tough.

    Even the signs are becoming Mexican.

    It HURTS you to read it? How about living it?

    Mexico, coming to a neighborhood near you….

54. #454
    On September 29th, 2008 at 8:29 pm, FilmLadd said:

    On September 29th, 2008 at 7:40 pm, vickisoup said:

    Interesting that the Dow lost 777 points. Bible prophecy is big on 7’s.

    I’m not a believer but that struck me as odd too.

    Also found it odd that Shep Smith rounded up to 778 for his report. Weird.

    Alea iacta est!

55. #455
    On September 29th, 2008 at 8:31 pm, AnotherBrian said:

    On September 29th, 2008 at 7:15 pm, FilmLadd said:
    

    If it means my freedom and the freedom of my children, it’s a great thing. A glorious thing. A thing to be celebrated.

    Are you saying your freedom is worth 777 points?

    Well, let’s put it this way: Your freedom isn’t worth a whole lot when the companies that employ you are going out of business.

    People have to face facts. If you want to earn money, you give up a certain amount of your freedom.

    The economy in a melt down is not conducive to freedom.

56. #456
    On September 29th, 2008 at 8:32 pm, FilmLadd said:

    On September 29th, 2008 at 8:25 pm, Rob said:

    It HURTS you to read it? How about living it?

    I grew up in New Orleans. CA has lots of pretty bad spots, but nothing on the Fischer Housing Projects pre-Katrina (haven’t been to N.O. since then so I can’t say what it’s doing these days).

    Any caucasian stupid enough to walk through it back then would likely meet death in a few seconds.

57. #457
    On September 29th, 2008 at 8:36 pm, Rob said:

    If it means my freedom and the freedom of my children, it’s a great thing. A glorious thing. A thing to be celebrated.

    Are you saying your freedom is worth 777 points?

    Pehaps we DON’T want to earn more money if it means we can’t live in a safe and sane place live.

    We love the internet, but is all the sex, porn crap worth it?

    If we all have to live in tents cooking over firewood, but don’t have to deal with the losers that get welfare, steal, tag, deal drugs, kill our children, get free lunches..etc.,

    Perhaps, we would be a hell of a lot safer and happier.

    Perhaps THAT is real freedom.

58. #458
    On September 29th, 2008 at 8:40 pm, Rob said:

    Any caucasian stupid enough to walk through it back then would likely meet death in a few seconds.

    My wife is NOT allowed out after dark by herself here in Southern California…. it is like Nightmare On Hellstreet, and realize, this was an area that used to be a Leave it to Beaver “hood” not long ago..

59. #459
    On September 29th, 2008 at 8:40 pm, FilmLadd said:

    On September 29th, 2008 at 8:31 pm, AnotherBrian said:

    Well, let’s put it this way: Your freedom isn’t worth a whole lot when the companies that employ you are going out of business.

    People have to face facts. If you want to earn money, you give up a certain amount of your freedom.

    The economy in a melt down is not conducive to freedom.

    What? What? You’ve missed out on a lot of discussions on this subject in previous posts.

    Let’s establish a few things.

    When you earn money you are engaging in freedom. Money is the transmission of value between two people. If you work for me, you are willingly giving over your time for money, and vice-versa.

    You do not “surrender” your freedom. You are engaging in a contract to perform work. This contract is engaged in of your own free will.

    If the company I work for goes out of business, I am free to work elsewhere! I am free to start my own business! I am free to go eat grass in the park!

    But what no human being should ever be able to do is use the STATE to CONFISCATE money from other people to protect an INVESTMENT.

    THAT IS EVIL.

    Let’s get another thing straight.

    No one forced anyone to sell their stocks today! No one forced anyone to buy stocks today!

    People could have refused to sell their stocks at the prices offered. They had their reasons to sell. LET THEM.

    The government is not GOD. It can not wade in and determine who should win and who should lose. It does not have the OMNISCIENCE to determine what prices should be in the stock market.

    I say it again: my freedom is NOT WORTH 100% of the Dow Jones Industrial Average!

    Caeci caecos ducentes!

60. #460
    On September 29th, 2008 at 8:41 pm, FilmLadd said:

    On September 29th, 2008 at 8:40 pm, Rob said:

    My wife is NOT allowed out after dark by herself here in Southern California…. it is like Nightmare On Hellstreet, and realize, this was an area that used to be a Leave it to Beaver “hood” not long ago..

    It’s a stupid question probably, but why not move?

61. #461
    On September 29th, 2008 at 8:45 pm, Rob said:

    It’s a stupid question probably, but why not move?

    sigh… yeah…

    They tagged on the fence next door two days ago…

    Sure, this is the time to sell.. ha…

    I think the 1950′s was the time to live…

62. #462
    On September 29th, 2008 at 8:49 pm, FilmLadd said:

    On September 29th, 2008 at 8:45 pm, Rob said:

    Sure, this is the time to sell.. ha…

    I think the 1950’s was the time to live…

    Don’t give up! There are always options if you work at it. I just sold my house two weeks ago and made a pretty good profit.

    It wasn’t easy though.

    Had to do dry wall work, painting, cleaning. Moved out all of my stuff into a storage unit. Took six months of working at it. Lot of sore muscles.

63. #463
    On September 29th, 2008 at 8:50 pm, hayroller15 said:

    Hear, Hear! again FilmLadd #458
    Tell ‘em how it is.

64. #464
    On September 29th, 2008 at 9:02 pm, RockyR said:

    Stock market declines are very healthy when the wealth that is “destroyed” during the fall never really existed in the first place. Who here understands what gives the stock market value? The dollar? Who here recognizes a buying opportunity when they see one?

    Who here understands that when a society consumes more than it produces it is living on borrowed time?

    At least today’s turn-of-events make the Presidential election meaningful, again… sort of.

65. #465
    On September 29th, 2008 at 9:22 pm, flenser said:

    It’s a stupid question probably, but why not move?

    Where to? The whole country is getting that way. You can’t run forever.

66. #466
    On September 29th, 2008 at 9:30 pm, RabbidSquirrel said:

    On September 29th, 2008 at 8:40 pm, FilmLadd said:

    Good One!!

67. #467
    On September 29th, 2008 at 9:50 pm, FilmLadd said:

    On September 29th, 2008 at 9:22 pm, flenser said:

    Where to? The whole country is getting that way. You can’t run forever.

    True enough. Should have thought of that as I have been an advocate of fighting back… in the 2nd amendment sense.

68. #468
    On September 29th, 2008 at 10:08 pm, Digshot said:

    Well well well, Republicans busting out with their one good deed of the century. It’s too bad it’s all their fault in the first place, and they refuse to take responsibility, but good on them for not buying into this bull.

    Unfortunately for them, McCain is out there saying they only voted it down because of Nancy Pelosi. He’s out there frantically blaming whoever he can because he’d basically guaranteed the bill’s passage and staked his ‘leadership and experience’ credentials on it.

    Lots of pathetic to go around today. This is a crazy time to be an American.

69. #469
    On September 29th, 2008 at 10:19 pm, FilmLadd said:

    On September 29th, 2008 at 10:08 pm, Digshot said:

    Well well well, Republicans busting out with their one good deed of the century. It’s too bad it’s all their fault in the first place, and they refuse to take responsibility…

    Google “Community Reinvestment Act” then come back and amend your colossally ignorant statement, please.
    
    Homo homini lupus!

70. #470
    On September 29th, 2008 at 10:29 pm, Flyoverman said:

    Based on my life, I find both extremes to be prety far fetched. The stock market is notoriously all over the place. Carter’s gas lines, unemplyment, inflation, and 19% interest was much worse.

    I am not ready to fold my tent. Not by a long shot. Congress did a good thing today. I remain optomistic.

71. #471
    On September 29th, 2008 at 10:34 pm, micchi said:

    We got a bailout anyway the Federal Reserve popped another 650 billion into the market before the vote.

72. #472
    On September 29th, 2008 at 10:51 pm, mom24ks said:

    FilmLadd,
    I have to say…I am having a blast trying to translate your Latin. I had to start learning the language to be able to teach my 4th grader. My 6th grader is MUCH better than I am, maybe I’ll give her your sentences to translate for homework tomorrow.

    Have a restful evening, everyone…everything is going to be just fine.

73. #473
    On September 29th, 2008 at 11:01 pm, flenser said:

    FYI, Digshot agrees with Rev Wright that AID’s was invented by whites to kill blacks.

    Something to keep in mind if you attempt to have a discussion with him.

74. #474
    On September 29th, 2008 at 11:38 pm, IndependentTom said:

    I did some research on the FDIC. It’s funding comes from insurance premiums from the banks. No taxpayer dollars are involved.

75. #475
    On September 29th, 2008 at 11:43 pm, LC said:

    On September 29th, 2008 at 7:15 pm, AnotherBrian said:

    Well, let’s put it this way: Your freedom isn’t worth a whole lot when the companies that employ you are going out of business.

    People have to face facts. If you want to earn money, you give up a certain amount of your freedom.

    The economy in a melt down is not conducive to freedom.

    You ass, your freedom is worth more than all the money in the world. Maybe you’re willing to sell off yours, but I’m not willing to do the same with mine, my family’s and that of my unborn children. You have a lot to think about.

76. #476
    On September 30th, 2008 at 12:26 am, vatodio said:

    Wall Street if not run by fools.

    They are not going to bring the market prices below the fair market value.
    If the program trading does create the value, someone will step in and snap that security.

    If the housing runup in the last decade had more than doubled, then by the same yardstick, the stock prices need to go down to reflect the true value of the housing. That means market may go a lot further down.

77. #477
    On September 30th, 2008 at 12:49 am, California Red said:

    228 Republicans and Democrats took a stand today. Unfortunatley, the media narrative is that the Republicans torpedoed the bill. This hurts McCain because:

    1) He said he supports the bill.
    2) Republicans will take the heat for a downturn in the stock market.
    3) Republicans will take the heat if the economy goes into recession.
    4) McCain has been shown to be ineffective in leading his party to a consensus.

    I get so frustrated sometimes that media gets away with thier spin. They want to blame the Bush adminstration’s lack of regulation for the crisis when the truth is that McCain pushed for Freddy and Fannie regulation several years ago. Why didn’t he say that at the debate? WHy didn’t he put this right in Frank and Dodd’s lap.

    This candidate needs to get agressive because he is fighting his opponent and the media.

    I just don’t see it.

78. #478
    On September 30th, 2008 at 1:06 am, txvet2 said:

    On September 29th, 2008 at 10:08 pm, Digshot said:

    Unfortunately for them, McCain is out there saying they only voted it down because of Nancy Pelosi. He’s out there frantically blaming whoever he can because he’d basically guaranteed the bill’s passage and staked his ‘leadership and experience’ credentials on it.

    Meanwhile, your “leader”, as usual, is voting “absent”. Some leadership skills. Everything is above his pay grade, except community rabble rousing.

79. #479
    On September 30th, 2008 at 2:16 am, tettes said:

    this is complicated and i want to make sure i understand so i can encourage congress and the president to fix the actual problem.

    from what i can tell, there is about $1 trillion in subprime mortgages (not good) and about $62 trillion in credit-default swap derivatives (much, much worse). basically, bets on these mortgages and other loans.

    these are traded on an unregulated market i believe the subprime mortgage problem is being multiplied greatly by these unregulated “bets.” just look at how much money is in that market: $62 trillion. amazing!

    this is the market that needs fixing first. i don’t want homeowners to get something for nothing, but these leveraged bets absolutely must stop immediately.

    the fat cats are directing our focus from the real (and complex) issue so we squabble among ourselves about bad decisions by homeowners, minorities, etc.

    Wall street’s failures FAR outstrip the poor decisions made by borrowers. it’s not even close!

    why not just cancel these derivative contracts and see what happens before we throw tons of cash at the problem and continue to blame our neighbors for causing this mess?

80. #480
    On September 30th, 2008 at 2:53 am, Gull said:

    Something smells fishy about all of this ….

    90+ dems voted “nay” …. McCain went bipartisan and called in many more than the original 4 who supported the bill ….

    I’m thinking that dems have set us up for their pre-announced “October Surprise” — in which Obama will now rush onto the scene and in a flurry of self-elevating verbosity — single-handedly and miraculously save the federal government, Wall Street, main street America, the Global Economy and planet earth from collapse!!!!!

    wow.

81. #481
    On September 30th, 2008 at 5:48 am, txvet2 said:

    On September 30th, 2008 at 12:49 am, California Red said:

    228 Republicans and Democrats took a stand today. Unfortunatley, the media narrative is that the Republicans torpedoed the bill.

    The more I look at this, the surer I am that this is a deliberate strategy of the Democrat leadership aimed at winning the Presidency and more seats in Congress. First Obama blows up the Bush’s “bipartisan” meeting, then Pelosi deliberately blows up the vote and the media rushes in to blame Republicans. Then the market tanks in the last minute of the day, so everybody can scream “crisis” again. Too many coincidences.

82. #482
    On September 30th, 2008 at 12:02 pm, Digshot said:

    Meanwhile, your “leader”, as usual, is voting “absent”. Some leadership skills. Everything is above his pay grade, except community rabble rousing.

    He said he was going to vote for it.

    You know he’s in the Senate, and not the House, don’t you?

83. #483
    On September 30th, 2008 at 12:06 pm, Digshot said:

    FYI, Digshot agrees with Rev Wright that AID’s was invented by whites to kill blacks.

    Something to keep in mind if you attempt to have a discussion with him.

    And flenser just plain makes stuff up.

    Just something else to ‘keep in mind,’ around here.