Is the Wall Street Bailout a Scam?

[QUOTE=bagelred]The bailout failed. Now what?

I, like most Americans, I don't think have a real understanding what I'm "rooting for".

I get the sense that we might hit hard times soon if bailout fails, but it might be alot worse later is we DO the bailout. The bailout would sort of delay the inevitable and make the dollar weaker, inflation higher......

Confusing.......[/QUOTE]your confused because the plan was a fed plan that the white house backed that a majority of the democrats backed...lol then pelosi played politics with it last night and that pissed off a bunch of republicans that had reluctently backed it...

but the real problem is there is just not enough control in the bailout proposal for some lawmakers on both sides of the aisle and it's probably too much money..they'll revamp it and try again... there are lawmakers that don't want to vote for it but are because they feel if they don't the sky will fall. if the threat of the economy collapsing wasn't hanging over their heads the thing would fail big time, but then if the economy wasn't an issue there would be a bill so....

The problem is no one knows if its going to work. So do we just tack on 700 billion of more debt? :confusedshrug:

This is an interesting vote. Look how party lines broke down:

[QUOTE]Partisan breakdown: 140 Dems for, 95 against, and 65 Rs for, 133 against. [/QUOTE]

Wow....its like every man/woman for themself.

[QUOTE=bagelred]You are very naive.[/QUOTE]

So OBL didn't set this country off into a whirlwind of panic?

[QUOTE=bagelred]The bailout failed. Now what?

I, like most Americans, I don't think have a real understanding what I'm "rooting for".

I get the sense that we might hit hard times soon if bailout fails, but it might be alot worse later is we DO the bailout. The bailout would sort of delay the inevitable and make the dollar weaker, inflation higher......

Confusing.......
[/QUOTE]

I'm calling their bluff....and I'm glad to see that the House did too.

I can't believe people are even considering this. Principles are principles....and this bailout is as un-American as it gets.

LIQUIDATE.

And they keep on inflating........

[QUOTE]'The Federal Reserve will pump an additional $630 billion into the global financial system, flooding banks with cash to alleviate the worst banking crisis since the Great Depression. The Fed increased its existing currency swaps with foreign central banks by $330 billion to $620 billion to make more dollars available worldwide. The Term Auction Facility, the Fed's emergency loan program, will expand by $300 billion to $450 billion. The European Central Bank, the Bank of England and the Bank of Japan are among the participating authorities.'"[/QUOTE]

[url]http://www.bloomberg.com/apps/news?pid=20601087&sid=ahwz_k5JvuB8&refer=worldwide[/url]

Here's the roll call:
[url]http://clerk.house.gov/evs/2008/roll674.xml[/url]

[QUOTE=Dash]So OBL didn't set this country off into a whirlwind of panic?

[/QUOTE]

OBL is a product of the CIA. He most likely died in 2001....a long time ago...but some reports say he died in 2004.

The War on Terror is simply made up.

[QUOTE=Denali]nice tapdance around the question.

but since you're so concerned with people suffering, why are you paying money to have an internet service provider that allows you to sit here on ISH when you could be in Africa feeding starving children? obviously your own greed and avarice dictates your heartless apathy to those children and your own selfish desire to sit leisurely on Teh Internetz.[/QUOTE]




lol. ^^^^^Is this guy retarded or what? Wow. I mean go ahead and be a conservative but...you gots to use yo brain homie.

Seriously...no wonder Republicans have always made it a priority to cut the budget for education in America. If more people received a good education in this country there would be very few Republicans left. ( Excluding the one percent of this country that is uber-wealthy of course)

"I'm working on an 'audit the Federal Reserve' bill." - Ron Paul
[url]http://www.youtube.com/watch?v=lFh6PU6qM9Q[/url]

I like it!! :rockon:

This is classic. The reason the GOP didn't get on board with the bailout was because Nancy Pelosi hurt their feelings.....I am not making this up......:lol :rolleyes:

Check this out:

[url]http://www.huffingtonpost.com/2008/09/29/gop-leaders-blame-innocuo_n_130310.html[/url]

So, because Pelosi said something they didn't like, the entire country is at risk.....that seems right.....:hammerhead:

"Country First" :hammerhead: :wtf:

Done deal. The theft of America continues.

Has anyone noticed that the sky has not fallen in the time Paulson and Bernake said it would? Yet 700 billion down the drain, bye bye....

Another "emergency".....don't think much, ACT!!!!!!!

[QUOTE=bagelred]Done deal. The theft of America continues.

Has anyone noticed that the sky has not fallen in the time Paulson and Bernake said it would? Yet 700 billion down the drain, bye bye....

Another "emergency".....don't think much, ACT!!!!!!![/QUOTE]
Ridiculous, but you have to blame the democrats as much as the Republicans, this is pitiful.

Market went from 300 up to 100 down. Woot! Go f*cking bailout! :rolleyes:

There would be a revolution by the American people, but everyone's too busy watching American Idol or Project Runway or something.......

[QUOTE=bagelred][B]There would be a revolution by the American people, but everyone's too busy watching American Idol or Project Runway or something.......[/B][/QUOTE]

or talking on ISH....?

nice hypocrisy.

stop talking about politics. you are an embarrassment.

F*ck this. Cant believe it passed.