U.S. House of Representatives passes bailout bill

confused

What cuased the slide in the Dow late in the afternoon after the initial rally following the passing of the bailout bill?

U.S. House of Representatives passes bailout bill

We have no government anymore and surely no representatives in Washington. The people said no and these crooks ignored the People!

what did you expect?

You Yanks what did you expect. This president has lied to you since he was elected, its all a joke to him....i mean really what did you expect?
You try to impeach a guy who has a head job, and this guy who has the record for passing executions and murdering hundreds of thousands,then prevents the poor from health care, and you yanks sit back and do NOTHING. What did you expect. America needs another civil war....that might get rid of a few of you......America has NO credibility any more

Stop look around, the world is still Turning

People, get over it.. the planet and life has existed before the stock market! The biggest failure here is one of trust.. EVERYONE KNOWS ABOUT the Corporate Greed.. That is why most people do not care if the corporations just lose all their money and go to hell. But we are all linked, and we will all suffer.. all of us need to take account of our own ACTIONs and INACTIONs .. YES PEOPLE INACTION.. Those those of us that sit there and say “ITS NOT MY FAULT! I DIDN"T DO ANYTHING” .. thats right YOU.. and ME.. We need to look at this problem as being ALL OUR PROBLEM, for a change, Look at it as needing to be solved by us all working as a TEAM in a SOCEITY that CARES.. Moving into the future, with this Bail out.. Corporate CEOs that were lazy should get nothing but food stamps.. and treated the same way the have left most other people in society with “Sorry, but the company can not afford you because it affects our profits” .. and we need to uncover the people that were criminal.. These people should have all their personal and ALL their families assets stripped, too bad lots have people have lost everything here, so should they.. MOST IMPORTANT.. we need to find the CEOs that have worked Hard and TRUE.. These people MUST BE RECOGNIZED and rewarded for being the good captains of industry they have been.. For the rest of Us, maybe, just maybe we will start to understand that we must care for each other if we are to flourish in this world.. It is times of trouble where we find our true friends, because you find the people who are there and will reach over a hand to pull you up back onto your feet, who will help you put food on your table.. Society and government needs to be our friends.. WE have more to win by learning to live with each other than turning on each other . Do you think that if people in these banks and companies really cared. That we would be in this position? For those of us that care, we recognize the problems and we work to fix them

american bailout

during the asian financial crisis of 1997, when goverment wanted to help financially on the failed corporations, the american say that it was a bailout. goverment should not interfere and should let the failed corporations to fail. but now the us govrnment is bailing out failed corporations buy using the peoples money. what is this?

Is this a SIGN.. SIGN THAT WE MUST CHANGE! WHO HERE IS LISTERNING?

This crash gives all the symptoms of a world without Love! Most people on the planet, have a family they Love, with children, Parents and lovers. Most people only want the best for their families, both in this life and the next.. YOU WILL PROBABLY NOT BELIEVE THIS!! BUT IF WE LEARN FROM THIS SIGN WE WILL RECOGNIZE!! RECOGNIZE THAT our Lord Jesus teaches us how to love and treat each other. For those that experience his love in our everyday, rejoice and pray that Love touch the heart of these people so they can put down their guns, turn around love their families and feel the light of God’s sun warm their whole lives with love. Amen

In whatever country Jews have settled in any great number, they have lowered its moral tone; depreciated its commercial integrity; have segregated themselves and have not been assimilated; have sneered at and tried to undermine the Christian religion upon which that nation is founded, by objecting to its restrictions; have built up a state within the state; and when opposed have tried to strangle that country to death financially, as in the case of Spain and Portugal.
For over 1,700 years, the Jews have been bewailing their sad fate in that they have been exiled from their homeland, as they call Palestine. But gentlemen, did the world give it to them in fee simple, they would at once find some reason for not returning. Why? Because they are vampires, and vampires do not live on vampires. They cannot live only among themselves. They must subsist on Christians and other people not of their race.
If you do not exclude them from these United States, in their Constitution, in less than 200 years they will have swarmed here in such great numbers that they will dominate and devour the land and change our form of government, for which we Americans have shed our blood, given our lives our substance and jeopardized our liberty.
If you do not exclude them, in less than 200 years our descendants will be working in the fields to furnish them substance, while they will be in the counting houses rubbing their hands. I warn you, gentlemen, if you do not exclude Jews for all time, your children will curse you in your graves.
Jews, gentlemen, are Asia tics, let them be born where they will nor how many generations they are away from Asia, they will never be otherwise. Their ideas do not conform to an American’s, and will not even thou they live among us ten generations. A leopard cannot change its spots. Jews are Asia tics, are a menace to this country if permitted entrance, and should be excluded by this Constitutional Convention.
-Benjamin Franklin
1787, at The Constitutional Convention, Philadelphia, Pennsylvania

Oh Sammy--that feels good!

So what is it you like to chew on Sammy? Better pick those hairs out of your teeth!

A blow to democratic priciples

Yes, this is a very sad day for the democratic principles which allow free enterprise, and no government intervention in business matters, but it seems that the nation under the present administration, as well as those elected leaders that support it, are moving it to a controlled police state, and going against the wishes of the common people and towards the support of big business tycoons, who are the real leaders of America.

Yes, wall street won this battle, and main street lost it, due to turncoats who were manipulated with a lollypop, and a big daddy to chew on.

Sammy

Unbelieveable.

Well now your dollar in your pocket is worth 25cents and you can thank our government. Time to clean house with the old war horses in the White House.

Unbelieable/believable

Thes cowards in Washington sold us out. The people told them NO and that they work for us. I guess come the election they all need to go. I am not going to become a socialist country without kicking and screaming all the way!!!

Credit markets still constipated...
:eek:
Credit still tight after House OK’s bailout
October 3, 2008: No relief for lending stranglehold, even as House sends bill to Bush. Treasurys rise as stocks sell off, on rumors of a rate cut.

]
Though a financial rescue plan was passed Friday, credit still remained tighter than ever. The House voted in favor of the Treasury’s $700 billion plan to buy up troubled assets from financial institutions. Those assets, mostly mortgage-related, have caused the credit markets to seize up.

The bill now goes to President Bush to sign into law. But even with a rescue plan on the horizon that is designed to restore liquidity to the credit markets, banks still opted to hoard cash rather than lend to one another Friday.

Even if the bailout ultimately works to unlock credit markets, it would potentially take time. Institutions that sell their bad assets to the government could have to sell those securities at a huge discount, resulting in large writedowns. As a result, experts say it may be months after the legislation is enacted until banks start to see some relief.

“It will take some time for the markets to recover - this bill will not be an overnight cure," said Peter Cardillo, chief market economist with Avalon Partners. Meanwhile, banks remained hesitant to take on more risky loans while dragging their anchors of their own troubled assets.

[url=http://money.cnn.com/2008/10/03/markets/bondcenter/credit_markets/index.htm:
Credit measures at all-time highs[/url]

It did not take the bribed corporate SLUGS long to regroup!

Washington Offices of Our Elected Employees were cutting off phones faxes and dumping emails! Our Spy Masters were shutting down phone and internet hubs, All to keep the People from Getting Their Messages to Our Employees!

Someone above said we have no government, AND OF COURSE THE PERSON IS SORTA CORRECT!

We have a Criminal Gang! They have violated Our Constitution! Passed Unconstitutional Laws! Lied to the Citizens! And!, now One Huge Theft!

Bang the Drums ! folks!

Marcia! I thought Marcia was tripping on the other side, you know. Well there goes the great-grand kids future?

Officially Sold to the Federal Reserve

If enough of our country wasn’t controlled by the federal reserve before. All of it is now. We are no longer free.

Don’t tread on me.

And your do nothing country has?

johnnny;107017:
You Yanks what did you expect. This president has lied to you since he was elected, its all a joke to him....i mean really what did you expect?
You try to impeach a guy who has a head job, and this guy who has the record for passing executions and murdering hundreds of thousands,then prevents the poor from health care, and you yanks sit back and do NOTHING. What did you expect. America needs another civil war....that might get rid of a few of you......America has NO credibility any more

What has your country ever done?
It has followed Americas lead and as you put it murdered as well.
Your country is like one of the sled dogs that only ever sees the leaders butt.
Hey hows that smell of our farts?
Maybe we can throw you a poo covered turd to chew on.

lionel@home.com

It is unbelievable, this package is ONLY for the gamblers in wallstreet and the millionairs that have run out investment options as they’ve raped the planet dry already.
watch http://www.youtube.com/watch?v=v8Qn4-1q80A
there’s plenty of politicians that know the truth but they are threatened, blackmailed and forced to vote for yet another 9.11 kind of law

geert@iprimus.com

The Federal Reserve isn’t federal, it isn’t a reserve, it is a bank owned by private people and has the power to print money which it lets the US taxpayer buy. the FR is the biggest scam ever and JFK died trying to fix it.

If you cannot chew it , lick it.

Chew it baby
10-04-08, 10:34 AM

You know “Sugar Daddies” can also be licked and they last much longer, especially for those who do not have teeth.

If you are one of those “Turn-coats” that voted for the bail out, surely you must have been given a whole box full of them, and if you lick, instead of chewing them, they can last a lifetime.

But fortunately I was one of those who opposed this bail out, and I cannot be bought with “Sugar Daddies, and become a turn-coat to those who have given me their trust, because I am a man of honor, and do not sell myself for a"Sugar Daddy”, and this goes to show, how miserable such representatives are.

Take care, and start licking, (Your Sugar Daddy, that is) it will last you much longer, than chewing it.

Sammy

The "Rescue" bill for McCAIN's people, "Bailout" bill for Obama's people.

The Senate version that included 1) the increased FDIC secured saving from US$100,000 to US$250,000; that’s good to attract the overseas foreign cash deposits to the US banks [either the so-called “overnight’s cash deposit is still good], then generating to become either American “Money Market Fund” as equal-value of US1.00 per share, or American Corporations' High-Yield Bond for your 401K High-Yield mutual funds. 2) Tax break to help small business; that’s good for Republican McCAIN-PALIN backed traditional American family’s “Father & Son” stores, and the women self-employed shops. The tax break is very helpful to the commercial bank(s) developed “local community economy” in your local shopping hub(s) where those high-school kids work part-time. Overall the “Rescue” bill is helpful to McCAIN-PALIN’s people.
YOU as the American taxpayer to take a responsibility for the “Bailout” bill, everybody is on your own, it is your own “fate” to “bailout” Obama’s people’s bad debts; if you believe this black man Obama can “change” your fate, Obama uses to says " .... to make sure this ...", by the way the copycat to “make sure” WHAT ???

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