Bailout Voting

[JollyGG]

What gets me is that you can't really tell where a lot of the politicians stand on this really. Nancy Pelosi was not going to tell the dems to vote for this unless she was promised by the repulicans that enough of them would vote for it too. She did not want the democrats punished for their votes on this by the voters in the upcoming election. So the republicans agree. Then she comes out and makes a stern, comdemning speech. Then the repulicans say that there would have been enough votes if she hadn't ticked them off.

OKAY, What part of that DID ANYTHING to represent our best interests? WAH, I DON'T LIKE WHAT YOU CALLED ME NANCY, SO I AM NOT GIVING YOU MY VOTE, SO THERE!

Correct me if I'm wrong but aren't they supposed to vote what is in the best interest of their consituents? Anyone who changed their vote just because they were insulted by Nancy Pelosi should be outed and voted out of office.

Anyone who thinks that this is not just politics as usual in the most unusual of circumstances is sorely mistaken. They are all just afraid of losing their seats!

I'm thinking the votes weren't there in the first place. But I can see how if someone were really on the fence and sitting in the chamber second guessing themselves being forced to listen to Pelosi may have made them say "screw it". But nothing says that something else may not have swayed them by the time their turn came even if she hadn't said anything. I think the Republicans blamed it somewhat on her speech just to point out to the American people how unwise she was. You don't sit and insult people and then ask them for something. I don't think her speech actually made the difference but it was still poor form and unwise. Even if you agree with everything she said you have to admit it would have been better said after the votes were in. She couldn't' resist sitting up in front of everyone and assigning blame. It was a plain stupid move when we are trying to get everyone working on the same side right now.
It just wasn't a good enough bill. Both sides had significant NO votes so I think blaming either side is unwarranted.

[epiphany]

I'm thinking the votes weren't there in the first place. But I can see how if someone were really on the fence and sitting in the chamber second guessing themselves being forced to listen to Pelosi may have made them say "screw it". But nothing says that something else may not have swayed them by the time their turn came even if she hadn't said anything. I think the Republicans blamed it somewhat on her speech just to point out to the American people how unwise she was. You don't sit and insult people and then ask them for something. I don't think her speech actually made the difference but it was still poor form and unwise. Even if you agree with everything she said you have to admit it would have been better said after the votes were in. She couldn't' resist sitting up in front of everyone and assigning blame. It was a plain stupid move when we are trying to get everyone working on the same side right now.
It just wasn't a good enough bill. Both sides had significant NO votes so I think blaming either side is unwarranted.

I'm an independent so please don't think that I am blaming one side any more than the other. I'm just reporting what I observe.

And I don't agree with everything Pelosi said..no far from it. That spew was infantile.

BUT the republicans actually stated that that was the reason for the switched votes. Whether true or not, that is what THEY came out and said. IMO, you don't switch your vote because you feel insulted and your feelings are hurt. Either believe in your vote or get the hell out. That is at least the way it should be.

"We could have gotten there today had it not been for the partisan speech that the speaker gave on the floor of the House," Boehner said.

Both sides are trying to duck political outfall rathing than voting for what they actually think. Everyone needs to start using their brains towards fixing the country and not saving their asses.

As I stated before in different words, I don't know what the right vote was. But our congress, on both sides of the aisle, are not voting with OUR interests in mind.

I believe my post was completely warranted.

ep

[JollyGG]

I'm an independent so please don't think that I am blaming one side any more than the other. I'm just reporting what I observe.

And I don't agree with everything Pelosi said..no far from it. That spew was infantile.

BUT the republicans actually stated that that was the reason for the switched votes. Whether true or not, that is what THEY came out and said. IMO, you don't switch your vote because you feel insulted and your feelings are hurt. Either believe in your vote or get the hell out. That is at least the way it should be.

"We could have gotten there today had it not been for the partisan speech that the speaker gave on the floor of the House," Boehner said.

Both sides are trying to duck political outfall rathing than voting for what they actually think. Everyone needs to start using their brains towards fixing the country and not saving their asses.

As I stated before in different words, I don't know what the right vote was. But our congress, on both sides of the aisle, are not voting with OUR interests in mind.

I believe my post was completely warranted.

ep

Oh I didn't think your post was unwarranted. Just saying I don't think the votes were actually there in the first place and if her speech did cause anyone to change their mind they had to have been wavering pretty hard in the first place and something else may have done it if she hadn't.
And also saying that while it was childish if anyone changed there mind due to the speech it was also childish to give the speech at that particular time.

[JollyGG]

I have to admit that I checked my representatives vote as soon as I got home last night. I was pretty proud of her for voting No considering she is a democrat and this was being sold as something the democrats were all for. My representative is up for reelection as is everyone else's but her seat is fairly secure. She's incredibly well liked in this state and so I don't think the vote would have won or lost her the election.

But It basically just wasn't a very good bill if despite all the pressure every single representative was getting to vote yes 40% of dems and 67% of repubs couldn't bring themselves to do it.

[Mi Bankruptcy]

Like HHM, I am not sure where I stand.

I would love to stick it to greedy corporations, especially since I personally (along with many co-workers) have been the victim of a greedy fortune 500 CEO. However, I am not fond of the potential consequences of my vengeful desire. The generated pain from tangible losses may not be worth it in the long run.

Sure I'd love to teach them a lesson, but at what cost? My mutual funds (not a fortune but a lot to me) have already taken a huge crap.

But then I don't trust the promise of regulation and reform. If that could be guaranteed I would definitely be willing to suffer a bit.

I also don't trust that the money will be paid back to the taxpayers even if collected. Promised funds for one purpose are commonly raided for another. Reform that.

What gets me is that you can't really tell where a lot of the politicians stand on this really. Nancy Pelosi was not going to tell the dems to vote for this unless she was promised by the repulicans that enough of them would vote for it too. She did not want the democrats punished for their votes on this by the voters in the upcoming election. So the republicans agree. Then she comes out and makes a stern, comdemning speech. Then the repulicans say that there would have been enough votes if she hadn't ticked them off.

OKAY, What part of that DID ANYTHING to represent our best interests? WAH, I DON'T LIKE WHAT YOU CALLED ME NANCY, SO I AM NOT GIVING YOU MY VOTE, SO THERE!

Correct me if I'm wrong but aren't they supposed to vote what is in the best interest of their consituents? Anyone who changed their vote just because they were insulted by Nancy Pelosi should be outed and voted out of office.

Anyone who thinks that this is not just politics as usual in the most unusual of circumstances is sorely mistaken. They are all just afraid of losing their seats!

And Bush is stupid for coming out this morning and talking all the doom and gloom and catastrophe. He should be saying that they are working on it, etc. Instead he incites more panic.

JustBroke--they are not calling it a "bailout" anymore because the administration started calling it a "rescue". It's a marketing ploy. They assume that if they call a turd "candy", you will go camp out at the candy store so that you can be the first one in line when they open in the morning.

Good luck keeping that candy down.

ep

I have to admit that I checked my representatives vote as soon as I got home last night. I was pretty proud of her for voting No considering she is a democrat and this was being sold as something the democrats were all for. My representative is up for reelection as is everyone else's but her seat is fairly secure. She's incredibly well liked in this state and so I don't think the vote would have won or lost her the election.

But It basically just wasn't a very good bill if despite all the pressure every single representative was getting to vote yes 40% of dems and 67% of repubs couldn't bring themselves to do it.

Ditto!!!

[fltoo]

Some good news.

1. Since his supporters always said Bush's forte was the economy, NOW, he can go out of office as a complete failure.

2. Even if Pelosi didn't affect votes, now people realize what a complete moron she is. Her comments were so sophomoric at a time when she needed to be gracious.

For those of you who think that we do not need this bill to pass because you can just bank at your little local bank, you are sadly mistaken. Banks borrow from each other to raise capital to give you loans. The original bill was presented to stop the freezing of credit.

Small businessess usually have a line of credit with a bank to cover payroll, to purchase inventory, etc. Not passing this bill will cause job losses since the small business is the number 1 employer of people in the nation.

On a micro level, not passing this bill will prevent you from getting a car loan, a mortgage, an education loan.

The bill needed some revisions, yes, like preventing CEO's from making a killing, but it is not intended to bail out your mortgage. It is not about bailing out wall street and not main street. When politicians starting yelling about the little guy to secure their seats in Congress, the American people jumped on the band wagon without understanding the nature of the problem.

Then you have Paulsen, who is so arrogant that he will not look at other options.

Are there other options? Yes. We can eliminate capital gains tax temporarily to flood the market with investors. We can get rid of the ridiculous "mark to market" rule that allows corporations to commit accounting fraud, like Enron did.

Email your congressmen to look at other options instead of just saying no to this bill.

Do I want this bill to pass? Hell, no. But, does it have to pass? Probably.

[fltoo]

I have to admit that I checked my representatives vote as soon as I got home last night. I was pretty proud of her for voting No considering she is a democrat and this was being sold as something the democrats were all for. My representative is up for reelection as is everyone else's but her seat is fairly secure. She's incredibly well liked in this state and so I don't think the vote would have won or lost her the election.

But It basically just wasn't a very good bill if despite all the pressure every single representative was getting to vote yes 40% of dems and 67% of repubs couldn't bring themselves to do it.

LOL, Au Contraire. This reminds me of our moms asking us the old mantra, if your friends decided to jump off the bridge.........

The pressure was on from the constituents to vote no, not yes. Had nothing to do with the validity of the bill.

[PoorGrammyinBK7]

Apparently, Americans were calling and emailing their congressmen all day and it was 10-1 against. While Pelosi is a total idiot and certainly demonstrated her absolute inability to work for the good of the country in a bi-partisan manner, the votes were not really there.

I think McCain was set up by the Dem leaders - asked to come to DC and try to get Rep support and then attacked as soon as he got there, etc. Obama did nothing until begged by the President to come, yet he gets credit by default. I think the Dems were worried McCain was up in the polls and they believe they can win if the economy tanks, so they used attacks against McCain, instead of working together, as well as Pelosi's speech, (and Frank's tirade) to try and lay blame to influence the election.

If they really wanted to, Dems had plenty of possible votes - why did so many Dems as well as Reps vote "no"? Because the people did not want socialism shoved down their throats and they let it be known!

Maybe there can be a better plan now.

But what kind of miracle would it take for EVERYBODY to PUT POLITICS ASIDE for ONE DAY and work together for the good of the country --- if this is so crucial?

[fltoo]

They can't help themselves Grammy. Their addiction to power far outweighs their dedication to this country.

[justbroke]

Did anyone else notice that Epiphany is a Guru now.

[Bandit]

They can't help themselves Grammy. Their addiction to power far outweighs their dedication to this country.

Yeppers!

[Bandit]

Ha, thanks Bandit...the word doo doo cracked me up...it's like I'm three again!

So what? That would still give me senority based on matureness were I in government at this moment.

Now if you'll excuse me, I'm going to take my ball and go home.

ep

You are welcome

[Bandit]

Some good news.

1. Since his supporters always said Bush's forte was the economy, NOW, he can go out of office as a complete failure.

2. Even if Pelosi didn't affect votes, now people realize what a complete moron she is. Her comments were so sophomoric at a time when she needed to be gracious.

That was the good news?
That was pretty funny!

I am sure if they thought it out they could find lots of places to stash 700 billion...I mean, why not make it an even 7 trillion & cover the next 15 years then everyone can keep the party going on paper dollars that are worth a nickel.

[PoorGrammyinBK7]

They can't help themselves Grammy. Their addiction to power far outweighs their dedication to this country.

It just makes me sick that they cannot simply do what they were elected to do. They were not elected to be paid to go and fight each other, but to represent their constituents - REAL PEOPLE, with REAL PROBLEMS and work together for the good of the whole - the country. What a concept!

[Bandit]

So, how much does Dickles Cheney have to lose? We should build all our lifes decisions around his loyalty to the people because he cares so much. Poor deprived guy.

May the Force be with you.