Breaking: Bailout passes House 263 to 171

Comments (12)

1. • beltwaybuzz

   So, what's going to happen now? Crisis averted? Or will it just get worse?

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   1. • jasmine

      @beltwaybuzz
      Worse.

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2. • thejimgaudet

   Well, I guess those earmarks really helped out...

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3. • Kerry

   This is just wrong. The Rich get richer while we all suffer the pain. I'm really disappointed this passed.

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   1. • fkovacs24

      @Kerry
      I think the same, also, but as of now there is nothing we can do, short of rioting and revolting ( which isn't a bright idea).
      Always keep in mind that these people who are greedy for gain usually end up cannibalizing themselves . Rest assured; just like drug kingpins and at-large criminals, these greedy scumbags will constantly be looking over their shoulder and going to sleep with one eye open.

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4. • Nazario171

   I think this new bail out plan should include a copy of the new Oliver Stone movie “W.” that way we can all relive the horrors of the last eight years in a concise two hour version whenever we want! This way the average American can honestly say that they got something out of this whole mess!

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5. • jasmine

   It is same as if one day your Manager calls you and say "Hey I need some money from you, I am in problem, I need a bail out."

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6. • fkovacs24

   MY main concern is that this "bill" has now set precedent for the government to go in and attach funds anytime they want- all they have to do is say it's an emergency.
   God help us all.

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7. • Mim123

   The taxpayers got screwed again. Generations will be paying for this bailout. Don't tell me, that Congress had the public in mind, taxpayers such as youself. A bailout could not have been that necessary, if you allowed millions of dollars in pork projects included in the bailout. The Congress depends on the the public for a short memory at election time. I hope the public takes back Washington, and vote every person out of office, that voted for this bill to include millions of dollars in pork in a bailout. The pork was not necessary for this bill. The pork was given, so they could vote for another bill later. That is not the attitude in time of crisis. Only the idiots in Congress would have screwed the taxpayers. Go to you own Bank and ask for monies that is need for repairs, etc, and advise them for you need another million in pork projects! Peloski is a disgrace and a waste; she should have spoke up against the pork projects.

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8. • pmpondnp

   Obama worked as a Lawyer for Acorn, Acorn forced banks to give risky loans to uncreditworthy people with no money down, ie no vested interest. People with no real vested interest buy property increasing the price of real estate creating the housing bubble, and while artifially inflating the value of real estate which also increased your property tax. The republicans fought over and over for more regulation and oversight, but Andrew Mozillo, Countrywide/ Raines & Johnson of Fannie Mae along with their Counterparts and reciepients of the largest campaign contributions who are supposed to work for you the people not Fannie Mae, Barney Frank, Chris Dodd, in fact all the Democratic Memebers of Congress voted against it. So Fannie sells these worthless mortgages to the Stock market and now we have a Crisis. The bad loans that should not have been made are being forclosed on and those foreclosures have now driven down the value of your property. Who wins Jim Johnson/Franklin Raines who made millions from Fannie Mae & The recipients of campaign contribushions , Dodd , Obama, Frank, Angelo Mozilo owner of Countrywide who did his bailout by selling his stock before things really got bad THEY SHOULD ALL BE IN PRISON. Who are the losers, You the American Taxpayer who has to pay for the Bailout that the Dems not only rushed to push through, (Jeez they wanted to help a Lame Duck Republican President) Quickly .We can blame it on Wall Street Greed like any one who buys an investment they bought it in droves because they were led to believe it was sound. And now your Retirement Fund your 401K is not worth S***, So when you open your earnings report and go to vote in Nov. remember who got you into this mess.

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9. • exMixxer

   Thanks to our money, I guess the poor guy who never had a job, gets to keep the palace on the hill after all.

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10. • tazzahall

    This is the biggest waste of taxpayer's money. So I take it there will be no new schools, hospitals, other public services until 2020 when they can afford this again?

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