Messages to Congress as High as 300 to 1 Against Bailout »

Posted By Stringcheese 1 year, 1 month ago in News

First the Republicans were for it (the Big Bailout), and then they were against it. What happened?

What happened is YOU, and others like you, pounding on Congress to NOT pass the Big Bailout.

There were constant reports on CNBC yesterday, and in other places, that calls and messages to Congress were running roughly 300 to 1 against the Big Bailout. This is what made the Republicans reverse course.

Read Full Story at libertymaven.com »

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Stringcheese

Love reading about tech news, and politics. Something interesting about me is I sleep on a polyphasic schedule (4.5 hrs at night, and two ...

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    Shana4Liberty1 year, 1 month ago

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    Hopefully, it's not to late to stop this.

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  • 71%
    obiefrommuskogee1 year, 1 month ago

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    I don'tunderstand how an accounting change solves the liquidity problem. If your house is valued at 200,000 and you can't make a cash payment on the mortgage, but under different accounting rules your house is valued at 180,000-- you still can't make a cash payment on your mortgage.

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    jdenzer1 year, 1 month ago

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    Apparently, no one thinks that taxpayer dollars should be used to prop up people and institutions who made bad choices.

    I don't think it's a good idea to proceed with the "bailout," for three reasons: as a matter of fact, government has never been able to outsmart the market and now is not a good time to try; as a matter of principal, placing the control of all capital in the hands of the government is antithetical to the notion of a market economy, let alone a free market - every country that has tried to regulate the market and economy has failed; and what a message to send the world - the government will use the tax dollars collected from those who made the right choices to bail out those whom made bad choices.
    jd

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    4betterAmerica1 year, 1 month ago

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    The Republicans are the ones that enabled this mess. McCain was one who pushed deregulation several years ago and the GOP were the ones that voted for it.

    It was deregulation that fed the frenzy and led CEOs to ignore their moral values and give into greed.

    CEOs should be punished as should the failed banks.

    I heard on NPR an official from Switzerland tell about a total monetary failure there some years ago. He said we should stop ours now but put a lot of teeth in it. If I remember correctly, they seized (or something) 70% of the stock of the companies so that the middle class wouldn't suffer.

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    Jimjn21 year, 1 month ago

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    The Republicans stopped the mad, panicked rush to sign a bad bailout bill. The Dems and Bush were all set to sign it.

    So this is a great day for the Republicans then. WhY? Because they listened to the American people.

    And that means it was a good day for MCain too. Why? The leader of the Republican Minority in the House of Reps. credited John McCain with making personal calls to congress to work out a better bill.

    He also said, "if not for John McCain being at the meeting, they (The Dems and Bush) would have steam-rolled right over the minority Reps. (who did listen to us,,, the people).

    Once again John McCain does what is right not what gets him "smoke and mirror points" like Obama.

    Obama walked away when he should have got in there to help. He did not want to take a stand, just get a video / sound bite, again (just be present for the 130th time).

    Obama went back out campaigning while McCain stayed at his office in VA for the weekend and helped pass a better bill.

    Who do you want as president now? Someone who talks good but does nothing or someone who does the right thing and helps builds a consensus with both parties to a more positive outcome?

    This is why McCain is the one to help us the most now. It's not about who looks good, it's about who does good.

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    dennis49c1 year, 1 month ago

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    Why is it that the Democrats who got us in this mess, all voted against Fannie & Freddie being regulated, because of the monies they were receiving for their coffers. Chris Dodd and Harry Reid should step down and let someone else work on this. The bailout is totally a joke.

    They even tried to put an earmark in the legislation for Acorn, a radical leftist group supported by democrats. They just don't get it - Let's vote them out........

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    not2needy1 year, 1 month ago

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    We can't believe anything that Dumbya says! He said the stimulus was going to fix our economy, did it? NO! Now he says this 700 billion $ bailout is going to stabilize our economy.. will it? I doubt it.. Bush is busy slapping bandaids on the cancer he has spread in this country, in hopes that it buys him time until November. Will it buy him time? Probably, but God help the person who has to step in and attempt to fix this mess.

    People who voted for Dumbya should be very proud of themselves. He proved himself to be wasteful and a destroyer of everything he touched long before he was handed the presidency. He, his family and his cronies are the only people who have benefitted from his presidency. Congratulations to all the people who voted for him, you got what you deserved. If you vote for John McCain, you will get more of the same, but some people never learn that you can't put a square peg in a round hole, but a fool never learns from their own mistakes, Bush is living proof of this.

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      nostalgia1 year, 1 month ago

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      Do you support this bailout?

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      amervtrn1 year, 1 month ago

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      “Party is the madness of many for the gain of a few.”
      – Alexander Pope

      Subject: Messages to Congress running as high as 300 to 1 against the bailout!
      This is the E-mail for my so called senators and representatives: I make this solemn promise to do my best to ensure the defeats of every member of congress who votes for the Bailout. Those of you who have enjoyed my support in the past, will see an active participant in the attempt to see you removed from office, should you vote for this abomination.

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      amervtrn1 year, 1 month ago

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      If you are posting against the Bailout, you will be removed as spam.
      This is the E-mail for my so called senators and representatives: I make this solemn promise to do my best to ensure the defeats of every member of congress who votes for the Bailout. Those of you who have enjoyed my support in the past, will see an active participant in the attempt to see you removed from office, should you vote for this abomination.
      Subject: Messages to Congress running as high as 300 to 1 against the bailout
      Why haven't they got the real Message?

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      • 75%
        BovineSkunk1 year, 1 month ago

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        Bail out a Ceo who should be investigated for criminal activities.
        They are nuts. I say take them to court and, if found guilty, enact the Rico act. Bush wants his buddies bailed out let him use his own money. These guys need have their 'golden rain' stopped and be held accountable.

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          thinksalot1 year, 1 month ago

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          Like I said before . . . politicians and heads of corporations aren't held accountable in matters like these. Congress people are only people and should be treated as such, not the Gods they believe they are. Investigate, try them, then put them in a hard labor prison and confiscate all the assets they received from corrupt and unreasonable dealings. Multi=million dollar golden parachutes? I don't think so!

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          amervtrn1 year, 1 month ago

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          Subject: Messages to Congress running as high as 300 to 1 against the bailout
          Why haven't they got the real Message? Do the people's voiced objection not mean anything?

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            thinksalot1 year, 1 month ago

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            This whole mess came about because our so-called representatives are not representing us. And still we keep returning these corrupt buggers to office. In a way, it's our own fault for trusting in our politicians to do what's best for America instead of themselves. We should remove tham all and get some new honest blood in there, until they prove to us that even they can't be trusted to do the job. $700 billion is just the beginning. Your grandkids and great-grandkids will be paying for mistakes made by greedy and dishonest people in the financial and government sectors of our nation. Think about it!

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            otrpu1 year, 1 month ago

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            Hey the banks aren't in the driver's seat. . .if they don't loan they go outta business. The bailout is a rip off

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              paws37101 year, 1 month ago

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              I am tired of hearing on the news that these poor men and women worked all weekend and got up early to vote this morning. Is is such a rare thing for them to really work? I know plenty of people who would love to work 1-2 days a week and get paid the salaries that they get.

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              Stand4Justice1 year, 1 month ago

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              I am trying to post important information and it keeps saying it is spam!! so much for Freedoms!! Frustrations rising and only will be worse when things get worse!

              Last try:
              **TODAY IS OUR LAST DAY TO MAKE YOUR VOICE HEARD!!**
              LETS GET TO IT!! WE ONLY HAVE UNTIL 12:30!!
              At least lets stop the clock!
              While Congress tries to pass a bill to alter America's history, people from all over the political spectrum are organizing into groups and many others have all begun petitions and movements against the bailout.
              We have strength in numbers - help spread the word so we can make a difference before it's too late!

              Read Full Story at unitedliberty http://www.unitedliberty.org/

              WHO IS FOR THE BAIL OUT (phone numbers and email addresses)
              http://www.dailypaul.com/node/64973
              Time is running out to make your voice heard and let lawmakers know that this bill constitutes a breach of the public trust and will result in their defeat.

              Bickering won't stop the problem of Today!
              Lets get serious and do something...make your statements where it counts!!

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