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we just got sold out ...
Gorair
Member Posts: 959
75-24 passed ...
experts are already deciding how much extra taxes we the people will have to pay starting next year ...
Never underestimate the power of stupid people in large groups.
Comments
time for a house blitz to stop this.
I am thinking on going in to human resources tomorrow telling them to hold no taxes for me anymore.
We are truly in our death throws for liberty. Feinstein received 91,000 emails and calls the last few days and 85,000 said no to this bailout. She said publicly we don't know what we are doing.
Does taxation without representation ring a bell?
If the house goes along with this scam I do not know what I am going to do.
Do I leave the country?
Do I grab my pitch fork with all the other ignorant people and march to my local representives offices?
Or maybe I shall do nothing curl up into a ball and sob as my overlords think I will do?
What the hell is going on in this country?
time for a good ol fashioned revolution! :P
RIP dollar....
Don't be terrorized! You're more likely to die of a car accident, drowning, fire, or murder! More people die every year from prescription drugs than terrorism LOL!
The house website is so slow...i bet it's being flooded.... it just sits there spinning the little I.e. ring around and around....
I was going to send an email to my state representatives but i'll have to wait until the fury dies down.
well im just now getting the chance to actually read the entire document 451 pages ... damn. Earlier i read the summary , has anyone read the whole thing and see anyting that MIGHT possibly be used for an injunction?
nows the time people , want to change the world ?
here is your chance to step up , call congress , call friends to call congress, fight it . numbers count in this game , possibly the only time numbers actually count for a while.
BTW - how did this thing get started in the senate ? Bills like this are supposed to start in the House ... there a loophole or something i missed?
Never underestimate the power of stupid people in large groups.
You know i am so very angry about this. no one is going to help us fix our roof our flooring things we lost during the storm. We will be low balled if any.
Yet fat cat wall street get bail out? Most likely we will have to fight our insurance compaines t do their job
How in the heck will any of the demo wish list of stupid people beleive their will be any money left in the budget to pay for all those programs they so richly boasted about? No but wall street gets a helping hand
Darn it they should of had the fema folks tell senate and congress no they are great at it
Throw all the BUMS OUT .........................I am so angry right now. And no work being done to fix anything yet cause we are all in a hurry up and wait mode. Gosh help us heavy rain in forecast next week
/spit
Thats why...
Homeland Tours Start Oct. 1
Army Time Magazine
www.armytimes.com/news/2008/09/army_homeland_090708w/
These guys are just back from Iraq, and they know how to help you calm down.
The good news is that
I say take their Social Security. Although they already have, the Social Security trust fund is literally empty, pass a law and
Once we take Social Security --we have taken their homes, income through taxes, and spending power (through inflation)-- they literally have little left. They lost privacy a long time ago.
TAKE IT ALL!
Edit: And I am 100% certain social security, retirement and insurance, will NEVER get a "bail-out." I bet you every cent in your pocket YOUR social security will not get a bail-out. You will get screwed. lol. We bail-out the rich in the USA, not ordinary taxpayers, who pay more taxes as they make more. LOL.
Of course social security won't get a bailout. Congress isnt being paid by that.
Hold on Snow Leopard, imma let you finish, but Windows had one of the best operating systems of all time.
If the Powerball lottery was like Lotro, nobody would win for 2 years, and then everyone in Nebraska would win on the same day.
And then Nebraska would get nerfed.-pinkwood lotro fourms
AMD 4800 2.4ghz-3GB RAM 533mhz-EVGA 9500GT 512mb-320gb HD
You know, I know bankers, brokers, "finance people," and I know their type. They look down on "ordinary" people as stupid, dependent, not very classy or sophisticated.
These people, these credit, banking, loan-YOU-money type of people get sick to their stomachs when they think they will have to pay ANY tax for ordinary people's health care, education, or anything like that.
Bankers think: "how dare ordinary people even think they can use my tax dollars for education, health care, or insurance."
Bankers think: "hell, if we get in trouble, let's have the government bail us out."
Now look who is relying on the government? Investment banks, insurance companies, creditors.
This is sick.
This is a new America. I do not know what the outcome will be, but I know the middle-class will pay for it, and they MUST have a hell of a lot money than I ever imagined. How are they surviving with these oil prices and health care costs and tuition? I know many lost their homes from adjustable rate mortgages (ARMs), but are they like on the brink of ... bankruptcy? LOL.
Edit: LMFAO. The government will not bail them out!
You know, I know bankers, brokers, "finance people," and I know their type. They look down on "ordinary" people as stupid, dependent, not very classy or sophisticated.
These people, these credit, banking, loan-YOU-money type of people get sick to their stomachs when they think they will have to pay ANY tax for ordinary people's health care, education, or anything like that.
Bankers think: "how dare ordinary people even think they can use my tax dollars for education, health care, or insurance."
Bankers think: "hell, if we get in trouble, let's have the government bail us out."
Now look who is relying on the government? Investment banks, insurance companies, creditors.
This is sick.
This is a new America. I do not know what the outcome will be, but I know the middle-class will pay for it, and they MUST have a hell of a lot money than I ever imagined. How are they surviving with these oil prices and health care costs and tuition? I know many lost their homes from adjustable rate mortgages (ARMs), but are they like on the brink of ... bankruptcy? LOL.
Edit: LMFAO. The government will not bail them out!
Why does every one of you post sound like a conspiracy theory?
Are you American? and if so why do you have Australia listed for country?
What conspiracy theory?
What conspiracy theory?
I think by "conspiracy theory" he means "something I don't understand".
So this question looks like this:
"Why does every one of you post sound like a conspiracy theory?"
But actually means this:
"Why does every one of you post sound like something I don't understand?"
Wow...
Just fucking wow...
I don't know whether to start packing bags or packing heat. This shit is ridiculous.
SEC. 112. COORDINATION WITH FOREIGN AUTHORITIES AND CENTRAL BANKS.
The Secretary shall coordinate, as appropriate, with foreign financial authorities and central banks to work toward the establishment of similar programs by such authorities and central banks. To the extent that such foreign financial authorities or banks hold troubled assets as a result of extending financing to financial institutions that have failed or defaulted on such financing, such troubled assets qualify for purchase under section 101.
How about this crap.
http://www.youtube.com/watch?v=Hi9vXKWYaZ8
And what gets me is they know this
Cedd
Well considering the average American household has 11 credit cards (how on Earth they manage that I don't know - getting a single credit card over here is a mission), this was unavoidable.
Erm, have fun with the taxes I guess
The Senate vote was always a forgone conclusion. It's the House vote that's been the source of uncertainty, as we saw last week.
If the House votes on it tomorrow and it passes, that will tell me that the previous vote was all for show, that the Republicans in particular just voted against it last time so that they can try to tell their constituants that they "thought hard" about it, and that they got the "best deal" they could, but that ultimately it best for everyone that the bill be passed.
They will say it. The media will say it. The president will say it. All the guys in the financial sector will say it. All the guys with ties to those in the financial sector will say it. They'll all say the same thing: we know better than you, now pay up.
I hope I'm wrong, but I have a hard time believing that there aren't enough corrupt politicians in Washington, D.C. to pass this POS bill.
No this all spawned from greedy STUPID lenders, making poor loans and decisions, and giving them to people they knew couldn't make the payments in the first place.
"First time buyer financing" Why in the world is first time buyer financing always extremely high? THE BANKS increase the risk of lending, they increase their own risk that the first car someone buys or the first credit card someone has -- they will default on it. Who in their right mind would pay 18.9% on a credit card? Who in their right mind would pay 20.1% on a car loan? Only people who have nowhere else to go -- and somehow banks think that if they have nowhere else to go the best return on their money would be to charge them so much more. Yet the bank is stuck out when they default -- and obviously its happening alot.
Theres a simple fix to this... it isn't spending 700 billion.
The banks and the borrowers are only symptoms to the problem. You cannot blame it all on banks when they were foced to meet quotas on subprime loans by law or have penalties imposed upon them or be sued by corrupt organizations such as ACORN. I think that it is sick that we have politicians and the organizations that supports them getting rich off of scamming the poor. The Banks had no choice but to do these loans and had heavy pressure being put on them to do so by our officials and their "pet projects" This issue needs to be addressed. I think anyone that ahs a finacial interest at stake here should not be allowed to vote on this bill, we need an impartial comittee to determine the best course of action. These people don;t give a rat's behind aboput American jobs, the people or our "economy" all they care about is saving their own butts. Look at how much they have invested in these companies, no wonder Pelosi is flipping out she has a lot to lose. That is why this is a conflict of interest and we need to have someone else take a loook at this rather than those with personal involvement here. If these people made money from scamming the poor, and if they used their positions to line their pocketbooks they should be brought up on charges. If that means we prosecute our own presidential candidates as well, so be it. No one is above the law, especially it's leaders.
That's exactly what I'm saying. They're handing out credit left, right and centre to people who obviously have so much debt in the first place.
Exactly. This was all caused by credit consumerism. The only thing is, the problem is no longer limited to them, it transcends those that acted unwisely and is affecting the entire market. As much as I hate needing this bill to pass, we need this bill to pass. When corporations with the very best credit rating are getting a 10% interest rate, the lending market is near a complete stall. This credit freeze is the precursor to massive layoffs. When I say massive, I don't mean tens of thousands per month, more like hundreds of thousands, in quick succession. Not passing this bill will be very bad indeed.
This is what kills me. I've heard John McCain say he will 'veto every pork barrel spending bill that comes accross his desk and he will ake them famous' too many times to count. So, why is he voting in favor of this bill that just had $500 million of pork added yesterday? Do you think he'd veto it like he promised?
lol....how about for those of us who just got layed off.....who's gonna bail us out?
Oh...wait...I already know the answer...no one.
I remember back in 1999, folks kept asking me if I was stockpiling food. I always answered, "No, I'm stockpiling ammo and making a list of people who are stockpiling food"
Exactly. This was all caused by credit consumerism. The only thing is, the problem is no longer limited to them, it transcends those that acted unwisely and is affecting the entire market. As much as I hate needing this bill to pass, we need this bill to pass. When corporations with the very best credit rating are getting a 10% interest rate, the lending market is near a complete stall. This credit freeze is the precursor to massive layoffs. When I say massive, I don't mean tens of thousands per month, more like hundreds of thousands, in quick succession. Not passing this bill will be very bad indeed.
This is what kills me. I've heard John McCain say he will 'veto every pork barrel spending bill that comes accross his desk and he will ake them famous' too many times to count. So, why is he voting in favor of this bill that just had $500 million of pork added yesterday? Do you think he'd veto it like he promised?
Even if its a loss to my job I would not pass this ridiculous bill. its a strik to each and every american for now, and in the future. I'm going to post this:
http://www.daveramsey.com/common_sense_fix.txt
which is another plan thats on the table right now. There are other ways to go about this --- it seems like the government found one solution, and they for some reason decided NOT to look into other options.
That plan is on the table by the way... as well as others that could be equally worthwhile, but we don't hear about that, do we? We only hear about 700 Billion -- put it all on the poor government to clean up... america needs that, right?
If this passes without any other options considered, I will:
1. Vote against whatever representatives in my state voted yes on this bill
2, Vite against the senators that voted yes on the bill.
3. Help campaign to vote against them.
4. Actually for once in my life be ashamed to be living in america. I mean seriously, this bill can hold out another week --- the world will not end --- view other avenues and see if there is a better answer thats more cost effective.
Take the plan I just pasted up there. We're looking at 50-70 billion dollars. Not 700 billion... if that plan DIDN'T work we're still at a FRACTION of the cost of the original plan --- and we could then go ahead with the other plan.
700 billion is NOT a quick fix... its just not knowing what else to do and pushing the problems to the future.
This bill is not a fix at all. Consider it a tourniquet to try and stop the bleeding.
The only thing it fixes it freeing up credit so companies can continue to operate. 50-70 billion is not nearly enough to give confidence to lenders. Not by a long shot. Not to mention, if administered by the method you listed, it would take far too long to reach it's maximum potential.
The only thing we need to be worried about today is keeping businesses open. The mortgage crisis will still be an opportunity for tomorrow. I agree there are other avenues to pursue, but time is a commodity in short supply. Things really are going to get bad very quickly if the credit crunch doesn't ease up soon. That is what this initial $250 billion is designed to do, buy us more time to consider the next step.