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Trackbacks

1. We’re Mad as Hell Part II « Mark Epstein
2. Jim DeMint: A Voice of Reason on the Bailout : Jenn Q. Public
3. Below The Beltway » Blog Archive » Running The Numbers In The House
4. "Bail out" Bill passes first hurdle, goes to the house – Political Byline
5. Jesus is Lord, A Worshipping Christian’s Blog » Blog Archive » “Kill the bailout: Operation Hold The Line” by Michelle Malkin
6. Bear Creek Ledger
7. Cassy Fiano » BREAKING: Bailout bill passes the Senate; UPDATE: Roll call added
8. Wizbang
9. Roll call on the bailout bill : Stop The ACLU
10. miamipress.net | miamipress.net
11. The Other McCain: Morality and markets
12. What some Christian bloggers think about bailout, part Deux | blogs4God
13. Webloggin » CARP - Congressional Asset Ripoff Program
14. Plains Feeder - Senate puts Zippo to Wall Street
15. Senator Shelby lambastes bill and all the Chicken Littles — votes no at The Liberty Preservation Alliance
16. Right Wing News
17. When The Government Is Immoral « Blog Entry « Dr. Melissa Clouthier
18. Seymour Nuts » Blog Archive » Come on America - Kill This Bailout
19. BipolarNation.com » Marxism on Capitol Hill
20. The Blame Game | Faith and Facts
21. The Dan Lee Report » Blog Archive » Wall Street Bailout is now over a TRILLION Dollars, & keeps growing like a Cancer.
22. Call your Congressman TODAY….NO Socialist Bailout « Sharp Right Turn
23. Senator Inhofe: “I voted no,” on the bailout bill. « Green Country Values
24. Sen. Inhofe gets all Web 2.0 : Ft. Hard Knox
25. Hold The Line – Nicholas Fitzgerald
26. Does McCain and Obama's Support for the Bailout Bother You? | The Daily Conservative
27. McCain Landslide | Counting Sheep
28. Common Sense Journal » Blog Archive » New Bailout Bill Size of Novel, Includes Pork
29. Back To The House: Call Now on Bailout (Update: Perspective)(Another Update) « Utah Rattler
30. Michelle Malkin » Dear Congress: Put the gun down now
31. Put the gun down now « Count Us Out
32. Webloggin » How to Tell When Democrat Leaders Lie: They Open Their Mouths

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Comments

1. #481361
   On October 2nd, 2008 at 3:47 pm, Marie said:

   This bill is a rope a dope!

2. #481369
   On October 2nd, 2008 at 3:51 pm, 4gotnblud said:

   There are a number of alternative plans proposed that would address the situation, however, the prez, other RINOs and dems want this bill to enrich their friends. They will not allow any discussion or debate for any other method. There will be no holding the line because enough dems will vote for this abomination and no amount of pressuring of the Republican reps will prevent some of them from crossing over. The only reason it didn’t pass initially is because of the heat all know will come from their constituents. Proper discussion and debate of the various potential fixes would invite investigation and discussion of the cause of this mess and Barney Frank and his dem friends would be exposed. This way, all will blow over and we will still have the same thieves and congressmen/women in place.

3. #481378
   On October 2nd, 2008 at 3:54 pm, Donut44 said:

   WAIT! Excuse me but what do washers have to do with helping out the financial systems?? What the hell is going on up there on the hill?

   Old Texan,

   don’t worry, no one will be able to claim more than 75 million in credits on their appliances though, so surely that is acceptable (sarc).

4. #481379
   On October 2nd, 2008 at 3:54 pm, Cadman said:

   I just heard on the radio that the reps understand that MOST people are terribly against this bill. They say that it is not a bailout and it is good for us. So they are voting for it because we are too stupid to know how good it is.

   Anybody know where the reset button is?

5. #481392
   On October 2nd, 2008 at 4:02 pm, Irish Rose said:

   WAIT! Excuse me but what do washers have to do with helping out the financial systems?? What the hell is going on up there on the hill?

   It sounds like they are trying to give a tax break to homeowners who itemize. They’re going to give Joe and Jill Citizen an additional credit on their tax returns for updating their old energy guzzling appliances with models that are more energy efficient.

   Kind of like the tax credit that you get for adding new windows and extra insulation.

   Which in turn will give Joe and Jill more money in their pocket to offset what they have to pay out to the morons on Wall Street.

6. #481393
   On October 2nd, 2008 at 4:02 pm, K2 said:

   On October 2nd, 2008 at 3:34 pm, ITookTheRedPill said: (#269)

   I would prefer a flat tax. I am even willing to give the Feds 12% and my state 8%. Now, they can work within these constraints.

   My largest concern with the Fair Tax is what happens to the “tax” advantages of my IRA & 401K?

   If I have to pay a sales tax with all my money I planned on getting access to at a lower rate, when I now spend that money on ANYTHING, I am taxed.

7. #481394
   On October 2nd, 2008 at 4:02 pm, RabbidSquirrel said:

   On October 2nd, 2008 at 3:32 pm, happyscrapper said:

   Methinks there is something afoot between corkie and right4life! Could this be love?

   Oh lordy here we go…… aj who’s baking you a pie today?

8. #481396
   On October 2nd, 2008 at 4:04 pm, sambo said:

   Marie said:
   National City Bank is offering 5% on a CD. Their stock is in the toilet. Should I rollover my IRA CD to this bank?

   Keep it under 250k Marie…100k if the bailout fails.

9. #481402
   On October 2nd, 2008 at 4:07 pm, txvet2 said:

   On October 2nd, 2008 at 3:51 pm, 4gotnblud said

   The only reason it didn’t pass initially is because of the heat all know will come from their constituents.

   Not quite. The reason it didn’t pass the first time is that the Dems need a manufactured crisis. They dump the bill, their cohorts dump the market at the last minute, everybody blames the Republicans. It’s all about the election. If it doesn’t pass this time, it doesn’t matter how many Republicans voted for it – it’ll still be “blamed” on the Republicans. Of course, most of the people who have been paying attention don’t want it to pass, but that only includes about 10% of the population.

10. #481416
    On October 2nd, 2008 at 4:12 pm, Marie said:

    Yuppers, a rope a dope, txvet2

11. #481419
    On October 2nd, 2008 at 4:14 pm, Marie said:

    Boy, I’m looking forward to the debate tonight. Sure hope Sarah does her due to Bidet

12. #481422
    On October 2nd, 2008 at 4:15 pm, Marie said:

    Biden

13. #481424
    On October 2nd, 2008 at 4:16 pm, Marie said:

    Is that a freudian slip?

14. #481425
    On October 2nd, 2008 at 4:16 pm, Marie said:

    Is that a freudian slip?

15. #481430
    On October 2nd, 2008 at 4:18 pm, Mister P said:

    I would prefer a flat tax. I am even willing to give the Feds 12% and my state 8%. Now, they can work within these constraints.

    My largest concern with the Fair Tax is what happens to the “tax” advantages of my IRA & 401K?

    If I have to pay a sales tax with all my money I planned on getting access to at a lower rate, when I now spend that money on ANYTHING, I am taxed.

    Exactly, You would get ripped off. Not just on your 401K, but on your savings (already taxed), your social security (you were already taxed). In fact you would be taxed on your house and your rent. ALL Sales. Also states will have to add their own version of the tax. No thanks.

16. #481435
    On October 2nd, 2008 at 4:18 pm, WarEagle82 said:

    Obummer/Bidet 2008. That has a certain ring to it.

17. #481437
    On October 2nd, 2008 at 4:19 pm, MarcoPolo said:

    Not quite. The reason it didn’t pass the first time is that the Dems need a manufactured crisis.

    What I did not understand was why McCain voted for the bailout! If he voted no, and it passed, and for some reason the markets healed themselves and we all lived happily after, he could have railed about it being unnecessary – the markets would have corrected without help blah blah blah.

    If the bill passed and the market continued to spiral downhill, he could righteously say “I told you so!’

    I can’t believe he honestly has a clue about overnight loans and the LIBOR rates….he has said repeatedly that economic issues are his weakness. So I can’t buy that he really thinks it is a good plan. (That’s ludicrous on several levels.)

    So, I have to assume that his long proud history with the scandals of the banking industry aren’t really as far behind him as we’d like to believe.

    Sigh.

18. #481468
    On October 2nd, 2008 at 4:35 pm, WarEagle82 said:

    I think McCain ended his presidential ambitions with the “yes” vote on the biggest piece of fraud from this congress.

    It is very hard to make the case he is against pork and earmarks with this vote.

    The man just cannot do the right thing. The “maverick instinct” is just too strong.

19. #481482
    On October 2nd, 2008 at 4:40 pm, mike.musculus said:

    unfortunately my Rep is Gonzales. I did call and gave a (polite but firm) blistering to the nice fellow on his staff.

    I did remind him of the Texan way: self-sufficiency, and asked him a few questions about Texas history… Some were incidents involving famous horse thieves. Others were incidents that spoke about people who tried to push things we didn’t want down our throats.

    I also talked about Wall Street and stocks. Oh, did you know I have stock in a rope manufacturing company? I expect it will be one of the few whose stock will rise if this bill passes.

    Don’t own stock in tar manufacture, but I’m going to buy some Monday… ditto with farm implements, like, you know… pitchforks. See, even in the very worst of times, you can make money.

    Anyone have a line on stock for chicken feather manufacture?

20. #481499
    On October 2nd, 2008 at 4:48 pm, ajmontana said:

    I’d take Palin anyday on smarts over Obama, he couldn’t tie his own shoes without his wifey or an instruction manual.

    It’s Killin em and
    I Love it!!!

    McCain/Palin 08′
    Image: Obama with velcro laces and clip on ties. the man is an idiot.

21. #481506
    On October 2nd, 2008 at 4:54 pm, Donut44 said:

    I thought this was interesting:

    http://www.senate.gov/legislative/LIS/roll_call_lists/roll_call_vote_cfm.cfm?congress=110&session=2&vote=00213#state

    It is the roll call vote from the Senate today. Much like the houses vote on Monday, it is interesting to see who voted where. I find it funny that Sen. Brownback, the same man who has repeatedly had the audacity to claim John McCain is a conservative, voted against this bill, going against the “Mav” on this one.

22. #481553
    On October 2nd, 2008 at 5:27 pm, thirteen28 said:

    Just do the Dave Ramsey Plan already (sorry if its been previously posted):

    Please send this to your Congressional representatives.

    Years of bad decisions and stupid mistakes have created an economic
    nightmare in this country, but $700 billion in new debt is not the
    answer. As a tax-paying American citizen, I will not support any
    congressperson who votes to implement such a policy. Instead, I submit
    the following three steps:

    Common Sense Plan.

    I. INSURANCE

    A. Insure the subprime bonds/mortgages with an underlying FHA-type
    insurance. Government-insured and backed loans would have an instant
    market all over the world, creating immediate and needed liquidity.

    B. In order for a company to accept the government-backed insurance,
    they must do two things:

    1. Rewrite any mortgage that is more than three months delinquent to
    a 6% fixed-rate mortgage.
    a. Roll all back payments with no late fees or legal costs into
    the balance. This brings homeowners current and allows them a chance to
    keep their homes.
    b. Cancel all prepayment penalties to encourage refinancing or the
    sale of the property to pay off the bad loan. In the event of
    foreclosure or short sale, the borrower will not be held liable for any
    deficit balance. FHA does this now, and that encourages mortgage
    companies to go the extra mile while
    working with the borrower-again limiting foreclosures and ruined lives.

    2. Cancel ALL golden parachutes of EXISTING and FUTURE CEOs and
    executive team members as long as the company holds these
    government-insured bonds/mortgages. This keeps underperforming
    executives from being paid when they don’t do their jobs.

    C. This backstop will cost less than $50 billion-a small fraction of the
    current proposal.

    II. MARK TO MARKET

    A. Remove mark to market accounting rules for two years on only subprime
    Tier III bonds/mortgages. This keeps companies from being forced to
    artificially mark down bonds/mortgages below the value of the underlying
    mortgages and real estate.

    B. This move creates patience in the market and has an immediate
    stabilizing effect on failing and ailing banks-and it costs the taxpayer
    nothing.

    III. CAPITAL GAINS TAX

    A. Remove the capital gains tax completely. Investors will flood the
    real estate and stock market in search of tax-free profits, creating
    tremendous-and immediate-liquidity in the markets. Again, this costs the
    taxpayer nothing.

    B. This move will be seen as a lightning rod politically because many
    will say it is helping the rich. The truth is the rich will benefit, but
    it will be their money that stimulates the economy. This will enable all
    Americans to have more stable jobs and retirement investments that go up
    instead of down. This is not a time for envy, and it’s not a time for
    politics. It’s time for all of us, as Americans, to
    stand up, speak out, and fix this mess.

23. #481558
    On October 2nd, 2008 at 5:31 pm, mattm said:

    I called my Dem. Rep. (Courtney-CT). The first time I got, “all circuits are busy, please try you call again later.” The second time it went to VM after 15-20 rings.

24. #481562
    On October 2nd, 2008 at 5:33 pm, K2 said:

    On October 2nd, 2008 at 5:27 pm, thirteen28 said:
    Just do the Dave Ramsey Plan already (sorry if its been previously posted):

    I agree. I can understand it. It is not over 400 pages long and addresses the issue!

    But, then again, it would take away San Fran Nan’s argument…. “It is just too hard to explain to the American people”!

25. #481563
    On October 2nd, 2008 at 5:34 pm, astonerii said:

    Does it do any good to call other peoples representatives? I have called mine. My senator did not listen to me, but he is not up for re-election this year. Do Representatives care what people outside their districts think?

26. #481571
    On October 2nd, 2008 at 5:36 pm, happyscrapper said:

    It sounds like they are trying to give a tax break to homeowners who itemize. They’re going to give Joe and Jill Citizen an additional credit on their tax returns for updating their old energy guzzling appliances with models that are more energy efficient.

    Oh, I get it. All I have to do is replace all my appliances with new, expensive, energy efficient ones. I’ll just run out and do that tomorrow with all my money. Oh wait, I don’t have money any more. Thanks libs.

27. #481592
    On October 2nd, 2008 at 5:53 pm, AlohaGuy said:

    “It is just too hard to explain to the American people”!

    And people think Palin has an IQ problem…Nan’s dumber than a post. And I apologize to fences everywhere.

28. #481639
    On October 2nd, 2008 at 6:33 pm, graysonret said:

    Out of all of this, there is a bit of “good” news. Illegal immigration is down because of the economy…so says the fox news site. On the other hand, it could be because the illegals have run out of places to move into, because there is so many of them. I hear some of them have actually given up and moved back home. Now there’s a reason not to support the bailout. Companies tighten up their credit giving, and the illegals all go home.

29. #481642
    On October 2nd, 2008 at 6:38 pm, Khyris said:

    Do these reps from both parties really want to be the ones who only said “No” until the bill had MORE pork???

30. #481681
    On October 2nd, 2008 at 7:08 pm, coldfront said:

    I called them all. Thank you Michelle Malkin for making it easier. You Rock! & may we prevail.

31. #481691
    On October 2nd, 2008 at 7:15 pm, maisy said:

    It AMAZES me how many here who stood behind Bush and ridiculed Ron Paul over and over again don’t seem to realize that Paul was right and predicted exactly what is happening. And I didn’t support Paul-(I supported Romney …but not many choices were given to us) Also those who blindly believe these pols as thought they can be trusted. Need I remind you they have the lowest favorability ratings in history…for a reason! It also seems to escape many that those who are all in favor of the pickpocketing of Americans wallets are all invested in receiving this money. Paulsens involvement with Goldman Sachs….and even allowing them to be involved in AIG’s bailout doesn’t seem to concern some here. Sorry I’m with Michele …this bailout is a crock and an investment in just more common thievery and anarchy.

32. #481692
    On October 2nd, 2008 at 7:15 pm, Weary Citizen said:

    On October 2nd, 2008 at 6:33 pm, graysonret said:

    I like your thinking. I felt the whole time the only way to get this invasion under control was some hard times. The pols certainly don’t have the backbone to stop it. PC is king. But a few hungry bellies always changes attitudes. Let there be 10% unemployment and you will see a serious change in attitudes by all the whiny liberals and pols toward illegal immigration. And a bailout at this point, even though may make people feel better in the short term, will return us to the status quo of lasseiz faire toward this horrific problem. I hate that it has come to this, but I think some hard times is exactly what this country needs. I know, I know, I am mean spirited and intolerant, but we are on the wrong course for a sustainable future and hard times is what always wakes people up to reality. Not to mention that those who saved (like the ant) will be rewarded for their efforts, while those that spent liek there is no tomorrow (the grasshopper) will be punished and hopefully learn a valuable lesson.

33. #481727
    On October 2nd, 2008 at 7:48 pm, powerpro said:

    I’m pleased to announce that my Congressman, David Davis, is still opposed to this pile of excrement.

    The person I spoke to sounded really tired btw. She said the calls have been mostly negative on this measure so I’m hopeful he’ll hold the line.

34. #481735
    On October 2nd, 2008 at 8:00 pm, ptrmom said:

    I’d really like a list of the Democratic Congressmen who voted no and their phone numbers too. We need to be calling them too! I think they are more likely to change their vote than the Republicans. Anyone have that list?

35. #481750
    On October 2nd, 2008 at 8:24 pm, emjem24 said:

    Anybody watching O’Reilly’s show right now? He’s really going after Barnie Frank, the most incompetent lib of going. I won’t be content until this idiot is taken away in handcuffs.

    It’s a shootout.

36. #481752
    On October 2nd, 2008 at 8:30 pm, exdeadhead said:

    Michelle: Damn it, but without we’re screwed. More effective use of bytes to go after Frank, Dodd, Raines, Johnson, CRA, all the regs and m-fers who placed loans in the hands of people with little ability or even inclination to pay off.

37. #481854
    On October 2nd, 2008 at 9:09 pm, Donut44 said:

    On October 2nd, 2008 at 8:00 pm, ptrmom said:

    I’d really like a list of the Democratic Congressmen who voted no and their phone numbers too. We need to be calling them too! I think they are more likely to change their vote than the Republicans. Anyone have that list?

    Here is a link to the house roll call from Monday:

    http://ap.google.com/article/ALeqM5iE1r_DuYH2j4rBy8JqBaVQ40MiOQD93GJ5H04

    Give them a call and let ‘em know.

38. #483401
    On October 3rd, 2008 at 8:14 am, Stubby said:

    Just called Shadegg’s office again. Couldn’t even leave a message because the mail box is full. Same with Billbray.

    These clowns are not going to listen. How arrogant they are as their political careers screech to a halt. We have to vote them out. What a helpless feeling to have the communication lines cut between the citizenry and their representatives.