U.S. economic "bail-out bill" vote
U.S. economic "bail-out bill" voteWVLT Blog Listing
U.S. economic "bail-out bill" vote
Topic Author: Michael Grider
Posted: 1:31 PM Sep 26, 2008
Replies Posted: 51 comments
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How would a lawmaker's vote on the so-called bail-out bill impact how you vote in the next election?

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  • by L Nelson Location: Louisville Tn. on Oct 21, 2008 at 09:32 PM
    I am still mad as H___ for them passing that bail out bill without taking time to create a plan of action and doing something to the clouts that help create this problem. I am a democrat but there will be no democrat votes this year nor will any one in my district that voted for the bill get a vote from me.
  • by Ken Location: Tampa,Fl. on Oct 4, 2008 at 10:06 AM
    Since the Community act of the Carter administration in 1978 started the need for this bailout and Clinton's loosening of regulations for loans in 1996, and thereby appointing Franklin Raines to Fannie Mae (who took 90 Million for himself) furthering the needs of today's bailout. Leads to one question. What is the hurry? My Representative had not even recieved the phone book size bill come time of Wednesday's vote. We should have had 3-4 month's to review it's content's.Is this too much to ask for a 30 year spiral? Would there be voids in the finicial system in 3 month's? Would the Wall Street bigwigs been crapping in their pants? I certainly hope so on both accounts. Where there is a void there is a fill by fiscally responsible men and woman who would have bought up the opportunity for pennies on the dollar and causing big loses for the greedy ones who created this mess we find ourselves in today.Well, at least we saved The Wooden Arrow Company! I guess I can sleep soundly tonight.
  • by JC Location: Knoxville on Oct 3, 2008 at 08:50 PM
    "Fannie and Freddie were created by Democrats, regulated by Democrats, largely run by Democrats, and protected by Democrats." Bush wanted to reform Fannie and Freddi 17 times this year, "Democrats killed the reforms after earning $10.6 billion dollars to boost their bonuses." "so why nothing was done? because Fannie and Freddie had donated millions of dollars to Democrats and radical groups to ensure no meaningful changes would take place." I'm not voting demograt. The democrats are corrupted and they created this MESS. www.ibdeditorial.com
  • by Margaret Location: Florida on Oct 3, 2008 at 09:11 AM
    It's probably inevitable that this Bush fiasco will pass. But PLEASE tell your representatives to take the Senate pork out of the bill. We're getting screwed. Don't rub our noses in it.
  • by joe Location: nj on Oct 2, 2008 at 01:58 PM
    I would like to find out who the 15 clueless morons were that voted nay last nite in the Senate...hope none are from my state...its very naive for the ignorant masses in this country with their 3 teeth and no savings to say that this is a "bailout" of the wall street big-wigs, yes, they were a part of how we got here but the SHIP HAS SAILED on this...the $700B is needed to unfreeze the credit markets, make banks solvent, and restore confidence!! WAKE UP people! the trickle down effect of NOT doing this will be quick and widespread!...and even though you may not care about the 4 or 5 TRILLION dollars in stock market losses that will be absorbed by investors overnite, you WILL care when you no longer have a job!...assuming you have one to lose!...if this bill fails it will be economic chaos, a catastophe that will dwarf the great depression....so PLEASE people get your heads out of your a**es before it is too late
  • by The Last Sane American Location: Topsail Beach, NC on Oct 1, 2008 at 01:32 PM
    70% of Americans polled are against the bill, does that even matter to any elected official anymore? (aside from the very wise and forward thinking 228 in the House) Specifically Bush, Pelosi, McCain, Obama, etc, etc. Who is the third guy to vote for this time? Barr? Looking alot better after this week. The lesson to be learned from this: All of you people who were told that you qualified for a $400k house, and you made the very frugal and wise decision to buy the $200k house with the more reasonable payment------ You are all idiots! All of those banks that choose not to lend $500k to a family income of $40k/ year because of your high moral standard ----- also idiots!! Next time loan them a cool million!!!
  • by b dortman Location: canada on Oct 1, 2008 at 11:10 AM
    This is going to continue to happen unless banks are regulated. This is a direct result of privatization of banks which should never be more than 50%. This is a manipulated maneuver to buy up the competition at a low price and put more of the world financial power under one roof. The IMF, WT0 and the World Bank must go! Please make an effort to understand these organizations. You might also take a look at the Trilateral Commission. Banks must have at least 50% of depositors money in 'real' money not just computer generated figures. The best thing that Americans and Canadians can do at this point is to boycott banks altogether and put your money in Credit Unions where profits are returned to the depositors.
  • by Adam Location: Idaho on Sep 30, 2008 at 08:17 PM
    This is a no win people! If the bail out passes then once again the corporate giants get to screw things up and walk away with there millions while the rest of us pay for it. If we don't pass it corporate America will say since you won't help us then we cant help you and shut the door on the little people. So the moral here is that to few people control to many people. If I screw up I pay the consequences however, this does not seem to apply to the rich and powerful. When they screw up we all pay except them. They want you to think it hurts them but losing ten million when you have ten more means you still get to eat and sleep under a roof. Furthermore, does anyone out there really think that if the gov gets a return on this in the future that it will come back to the people!
  • by DERWOOD Location: NEWPORT, TN on Sep 30, 2008 at 07:19 AM
    700billion?=over $2000 per person in each household in the country! in my opinion it's a matter of the needs of few (by comparison) outweigh the needs of many! how much further can we all be fluhed?we keep saying it but someone has to make a stand before the snow ball melts down!
  • by Bill Location: USA on Sep 29, 2008 at 11:56 PM
    Putting the blame on Bush for a monumental Wall Street blunder is typical behavior for most Democrats. They AGAIN don't get it! There is no hope, they are brain washed. The brain washing comes from government schools.
  • by Herb Thacker Location: TN on Sep 29, 2008 at 11:32 PM
    No way would this change my mind. I was going to vote for Obama before this started and I still will. Phil Smith explain to me how one Clinton Ad caused all of this 9 years ago. No it is the $72,000,000 salaries to the CEO's and other wild spending that got us into this, plus the lending companies loaning money to just anyone, whether they could pay the loan payment or not. They got their commission, their company got their commission and now the people who bought a $200,000.00 house, while making $35-40,000.00 a year are now suffering once the interest on the loan went up. Now they have caused the rest of Americans to be unable to get a loan, with perfect credit, a credit score around 730-740, unless they are willing to pay twice the interest than they should be. We had a $15,000,000.00 surplus in our budget when GW took over as President, now we have a $15,000,000,000,000.00 debt. Why? Wild spending in Iraq, which will continue under Sen McCain (aka McBush). Nope not changed!!
  • by Robert Location: Rio Rancho, NM on Sep 29, 2008 at 10:58 PM
    Come on, people. This is all politicians' fault, starting with Clinton. Vote em all out! Vote for anyone new, not the current crop of incumbents. Go Sarah Palin!
  • by Dora Location: texas on Sep 29, 2008 at 10:58 PM
    i for one agree with everyone else who says theyre glad that this did not pass. theyre completely right, adding debt to what got us here in the first place is not the solution. if we had passed it, we may have been in better stability for awhile, but only temporary...and then we would have hit the same crisis down the road...just alot more complex. i hope this isnt passed. and i hope we can all get through this. but as always the lower and middle class are screwed :/
  • by Sue Location: Texas on Sep 29, 2008 at 10:45 PM
    For anyone who has half a brain actually a half-way open mind) and has listened to those who actually understand and can explain this crisis, and I'm talking about a variety of intelligent people all along the political spectrum, they would realize that, when conducted properly, the bailout is an investment, meaning a real potential of return on the dollar, in the economy of the world, not just USA. (Has anyone else been watching the foreign markets?) Both political parties are to blame for getting us in, but someone must step up and get us out. Let's just see which ones really are willing to "put country first" and quit playing campaign politics with it.
  • by Phil smith Location: Minnesota on Sep 29, 2008 at 07:46 PM
    I don't like the bailout, but for Pete's sake we have to start somewhere... when the pensions start getting cut, and when we grayhairs lose our life's savings... then watch out... The govt got us into this mess, why shouldn't they get us out. Check the NYT 9/30/99 for Holmes article forcasting all this because of the Clinton Ad. pressures.
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