House bailout vote

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Looon
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House bailout vote

Post by Looon »

LINK

It failed.
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Rock Island Ranger
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Post by Rock Island Ranger »

Im wondering the good that could come of the Government continuing to bail out free enterprize for its failings. Maybe its short sighted but to bail out every business sector that made bad choices, bad business decisions, and meanwhile paid themselves BILLIONS makes no sense to me. None. It isnt the Governments money...its yours and mine.
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Looon
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Post by Looon »

Rock Island Ranger wrote:Im wondering the good that could come of the Government continuing to bail out free enterprize for its failings. Maybe its short sighted but to bail out every business sector that made bad choices, bad business decisions, and meanwhile paid themselves BILLIONS makes no sense to me. None. It isnt the Governments money...its yours and mine.
I agree.

Im totally against this.
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Corridor
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Post by Corridor »

Unfortunately,

This bill not being passed is going to have a major effect on whether a Republican gets into the Presidential office.

Bipartisan sniffling and our representatives not voting for something because someone offended them, personally?

Don't be so blind.

Besides, if McCain simply states that he's working on it, in his reply to the veto on the Bailout Bill, I may actually consider another choice.

Principals before parties! I joined the military to do some good in this state, this country, and most importantly, this world.

Have the ones on the Hill forgot that, too?

Just something to think about before saying that it's "my" money, too.

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JohnDowland
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Post by JohnDowland »

Corridor wrote:
"He is no fool to give what he can not take to get what he can not lose."
- Proverbs -
I'll make an on-spot correction for you. That's not from the book of Proverbs, it is a quote from the Christian missionary, Jim Elliott.

That, and you quoted it wrong. Here is the original statement that he made regarding personal sacrifice and missions:

"He is no fool who gives what he cannot keep to gain that which he cannot lose."

Now back to your regularly scheduled programming.
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Post by Corridor »

JohnDowland wrote:
Corridor wrote:
"He is no fool to give what he can not take to get what he can not lose."
- Proverbs -
I'll make an on-spot correction for you. That's not from the book of Proverbs, it is a quote from the Christian missionary, Jim Elliott.

That, and you quoted it wrong. Here is the original statement that he made regarding personal sacrifice and missions:

"He is no fool who gives what he cannot keep to gain that which he cannot lose."

Now back to your regularly scheduled programming.
Roger that.

I stand corrected.
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smokn38
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Post by smokn38 »

DoorGunner wrote: ( Not literal) I lose my house because I can't pay. I go down the street, get the same house for half the money, forclose on the first one and get a morgage on the second, these jackasses are still giving loans. NO BAILOUT.
I'm amazed banks did this. The jackass across the street from me is in the process of getting foreclosed on. Prior to purchasing this house he lost his previous house to foreclosure. What bank in their right fucking mind does this. Then while listening to bits and pieces of Pelosivich's speech I started looking for red flags, tanks, and soldiers high kicking down the street. She actually bashed our system that operates under her watch as a leading member of congress. I agree no bailout. I'm not ready to commit to helping those who were not willing to help themselves.
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Post by Ranger Ron »

This is the second time we have bailed out at least a portion of the banking industry and real estate industry. We bailed the building and loan industry before.

This will not stop until we "Bail out" Congress and start over. Or at least make them understand that if they don't change the game they are playing we will bail them.
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,

Post by Chiron »

I’m glad it failed. Who will make the people pay for “industry’sâ€
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smokn38
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Post by smokn38 »

And it continues:

CNN) -- California may need a $7 billion emergency loan from the federal government to pay for "teachers' salaries, nursing homes, law enforcement and every other state-funded service" this month, Gov. Arnold Schwarzenegger warns. California is running short on cash, Gov. Arnold Schwarzenegger warns in a letter. Schwarzenegger gave the warning in a letter sent Thursday to U.S. Treasury Secretary Henry Paulson.

:evil: The floodgates have been open, now where does it stop.

http://www.cnn.com/2008/POLITICS/10/03/ ... index.html
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Looon
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Post by Looon »

smokn38 wrote:
:evil: The floodgates have been open, now where does it stop.
It wont stop. That's the problem. The new version that's in the House now, is so fucking overloaded with pork, I can't explain how fucked up shit is going to get.

Our economy is being flushed before our eyes. Hello Socialism..... :roll:
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Post by Chiron »

It passed today. The Dow Jones dropped the U.S.$ dropped and the world is realing while waiting for Monday to open markets. I wonder what will happen?
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GoldCoast
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Re: ,

Post by GoldCoast »

Chiron wrote:It passed today. The Dow Jones dropped the U.S.$ dropped and the world is realing while waiting for Monday to open markets. I wonder what will happen?
:evil:
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Post by Jim »

We need to keep a close watch on this as it continues t develop.
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