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Mr Grace
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i vote no

and mccain better too after talking about how he will stand up against earmarks


what the hell does mental health have to do with the financial sector?

10/1/2008 8:39:51 PM

dweedle
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i vote veto otev evto

10/1/2008 8:40:27 PM

terpball
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shit ain't even gonna make it to the senate

10/1/2008 8:41:19 PM

BadPokerPlyr
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letting banks fail is a great idea

10/1/2008 8:43:01 PM

NCSUGimp
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i don't know enough about it to vote either way

so i vote for STRIPPERS

10/1/2008 8:43:20 PM

dweedle
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this, and my laziness, and my apathy, and the inconvenience it would be, is why i will not vote this year

10/1/2008 8:46:19 PM

khcadwal
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over correction is a great idea

10/1/2008 8:47:02 PM

Spontaneous
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capitalism is a great idea

10/1/2008 8:48:19 PM

NCSUGimp
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FUCK THIS IM MOVING TO CANADA

10/1/2008 8:49:02 PM

Mr Grace
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Quote :
"shit ain't even gonna make it to the senate

"


um, you should turn on the news

senate is going first.

10/1/2008 8:50:02 PM

Ragged
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"i will not vote this year"

thats a great idea liberal

10/1/2008 8:51:03 PM

Kurtis636
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Quote :
"capitalism is a great idea

"


It is, sadly we don't have anything even remotely resembling that here.

10/1/2008 8:53:14 PM

Str8Foolish
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Government is the problem

*deregulates*

*market goes haywire*

10/1/2008 8:53:54 PM

kiljadn
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Quote :
"i vote no

and mccain better too after talking about how he will stand up against earmarks


what the hell does mental health have to do with the financial sector?

"



of course you do, because you're a knuckle dragger, and don't understand the issues beyond the fact that you have to pay taxes

mental health has plenty to do with the financial sector, considering that people who work in that industry have the highest rate of suicide when compared to any other field on the planet

what are you going to do when McCain votes for it? because he will. he can't afford to vote against it after the stunt he pulled last week, causing most americans to lose a shitload of their retirements.

10/1/2008 8:54:07 PM

khcadwal
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a shitshow is a great idea

10/1/2008 8:54:07 PM

Mr Grace
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^^because i dont support THIS bill as it is written, i dont understand anything but paying taxes.

you are the one who apparently doesnt comprehend much.

10/1/2008 8:55:51 PM

ScHpEnXeL
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let that shit fail

they sure as fuck aren't helping companies that are making a profit, so why should they help the ones failing?

10/1/2008 8:56:36 PM

Str8Foolish
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Quote :
"^^because i dont support THIS bill as it is written, i dont understand anything but paying taxes.

you are the one who apparently doesnt comprehend much."


You fail the Palin test

anybody who likes Palin is reliably retarded

10/1/2008 8:57:42 PM

tromboner950
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Let's make up a large amount of money based on no actual math or economics, give it to Paulson, and give him unlimited and unchecked power to do with it whatever the fuck he thinks is best to save the economy even though he's a part of the reason we're in this mess to begin with.

SOUNDS GREAT, WHERE DO I SIGN UP?

10/1/2008 8:58:06 PM

Kurtis636
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haha, good one, McDanger.

10/1/2008 8:58:23 PM

Mr Grace
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and there it is! mcdanger and another of his witty comments calling someone stupid or retarded.

special person we are dealing with here





im at the point where i feel we should just let things collapse, and restructure things the right way.


this is a band-aid

10/1/2008 9:00:37 PM

kiljadn
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Quote :
"^^because i dont support THIS bill as it is written, i dont understand anything but paying taxes.

you are the one who apparently doesnt comprehend much."



I posted points to back up my argument


you failed to do so with yours


by default, I win








with my winnings I will buy you some bandaids and ointment for your knuckles.








the world cannot afford for this to fail, numbskull. you're talking about wholesale restructuring? that shit wouldn't happen for years, and in the interim you'd be faced with millions of people losing their jobs and living hand to mouth.

this aint jenga motherfucker, shit has consequences. You can't just pull out the "America" piece and expect shit to be ok.

[Edited on October 1, 2008 at 9:04 PM. Reason : .]

10/1/2008 9:01:07 PM

Mr Grace
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if that is an argument that "wins"

i will concede defeat, because its not worth my while.

10/1/2008 9:03:08 PM

dgspencer
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I'll bet lending tree is fucking pissed.

10/1/2008 9:08:59 PM

Mr Grace
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we cant afford for this particular bill to fail tonight?

interesting.


cause im pretty sure the world wont come to an end if they debate shit and listen to their constituents for another day.

10/1/2008 9:12:10 PM

tromboner950
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Quote :
"the world cannot afford for this to fail, numbskull."


This bailout is like being given a table full of options, closing your eyes, and randomly pointing at the worst possible one.

It's a quickly-made, barely-thought-out, attempted solution that doesn't go anywhere near the root of the issue, is horribly wasteful and risky, and is almost certain to backfire at some point in the future.

People that are against the bail-out don't want to see the economy crash and burn, they want to see a better solution, instead of taking the easy-way-out that will provide a little bit of short-term return with a lot of long-term risk.


If someone can read the following statement and still support the bailout, I consider them to be certifiably insane:
Quote :
"In fact, some of the most basic details, including the $700 billion figure Treasury would use to buy up bad debt, are fuzzy.

"It's not based on any particular data point," a Treasury spokeswoman told Forbes.com Tuesday. "We just wanted to choose a really large number.""

http://www.forbes.com/home/2008/09/23/bailout-paulson-congress-biz-beltway-cx_jz_bw_0923bailout.html

The people that made this shit are telling you to your face that it's utter bull. No rational person should support it.

10/1/2008 9:16:30 PM

ScHpEnXeL
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FUCK THIS SHIT

IF I FAIL TO PAY MY MORTGAGE THEN I FAIL

..IF BANKS GIVE ME A MORTGAGE THAT THEY KNOW I CAN'T PAY LONG TERM..THEN FUCK THEM TOO. THEY SHOULD FAIL AS WELL--THAT'S HOW AMERICA WORKS

[Edited on October 1, 2008 at 9:19 PM. Reason : asdf]

10/1/2008 9:19:24 PM

khcadwal
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the people on cnbc are getting all aggro with each other

10/1/2008 9:24:29 PM

kiljadn
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Look - you can argue that it shouldnt have come to this point. I'll agree with that.

You can argue that it's just a bandaid. I'll agree with that.





What you cannot argue with is that in the face of major bank failures, you cannot afford to not try and apply a tourniquet to stop the bleeding. In the stock crash of 1929, it took a full 3 years for the impact to be felt by the banks, and it took a war to create industry and correct the damage.

This time, the banks are the first ones shitting the bed, and they're going to take the value of the dollar and everything it is invested in with it when the stock markets crash. If you can't understand that, then you're the moron, not me. There is not one single thing that has ever passed in the history of time that made every single stakeholder happy. It is extremely dangerous for anybody to think that "if you don't do the right thing you deserve to fail" when so much is riding on this.

What's even funnier is the ones who advocate that there be no bailout at all would be the ones who lack the intellect to see that it would affect them the most. Just let it fail? Are you REALLY that fucking stupid?

10/1/2008 9:32:58 PM

Doss2k
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passed

10/1/2008 9:36:40 PM

tromboner950
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Quote :
"What you cannot argue with is that in the face of major bank failures, you cannot afford to not try and apply a tourniquet to stop the bleeding."


Voting for this bailout would be like asking someone with downs syndrome to apply that tourniquet.

There are options here, it's not just BAILOUT vs TOTAL BANK FAILURE. To pick the most dangerous and ineffective solution out of many is simply blind ignorance.

10/1/2008 9:37:12 PM

Spontaneous
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Has to get through the House now.

Black Thursday?

10/1/2008 9:38:17 PM

khcadwal
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GASP WOW PEOPLE VOTED AGAINST IT OH MY GOD

[Edited on October 1, 2008 at 9:42 PM. Reason : and ps i used to like chris dodd now i'm a little sketched ]

10/1/2008 9:40:18 PM

kiljadn
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On this timetable there are ONLY those two options.


Congress is due for its fall recess. The market won't wait - as evidenced by Mondays' 778 point drop and the resulting 400+ point rally based purely on the hope of a solution.


Sure you could take your time and try to hammer out a plan that worked better, but chances are there wouldn't be anything left to save once you got done with it. There is no way in fuck a better plan could be made in such a short period of time with all the partisan finger pointing and special interest shit going on. It would take 6-8 months to even talk about it, let alone write it.

10/1/2008 9:41:50 PM

tromboner950
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As I recall, both the GOP and the Dems have proposed different plans, both of which involve less spending, less risk, and less waste.

Fuck if I know why they're still trying to vote on the bailout, though. The last week-and-a-half could have been spent working on solutions instead of buying into fearmongering.

Quote :
"The market won't wait - as evidenced by Mondays' 778 point drop"

This drop was largely because the markets were watching the voting... It is a self-fulfilling prophecy, not a coincidence that implies urgency. It's not happening nearly as quickly as you think it is... read some articles written by economists instead of listening to politicians and newscasters. We DO have time to slow down and use our brains.

10/1/2008 9:46:29 PM

khcadwal
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Quote :
"t is a self-fulfilling prophecy, not a coincidence that implies urgency"


it is the wrath of god, duh

10/1/2008 9:48:18 PM

Kurtis636
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If it's that fucking important perhaps they should suspend their fall recess and come up with a good solution

10/1/2008 9:49:39 PM

khcadwal
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politicians do not give up vacay time

"this is not a bail out. it is an emergency economic stabilization bill"

"there is going to be a return on this, we're not sure what it is yet"

-Sen Casey R PA



[Edited on October 1, 2008 at 9:53 PM. Reason : .]

[Edited on October 1, 2008 at 9:53 PM. Reason : .]

10/1/2008 9:50:21 PM

kiljadn
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Quote :
"It's not happening nearly as quickly as you think it is..."




Tell that to Fannie Mae, Freddie Mac, Washington Mutual, Wachovia, and the other 76 some odd banks and lenders that are in danger of failure


especially considering that Congress has a long history of inaction


what makes you think they could come up with a plan that isn't mired in partisan politics ever?

[Edited on October 1, 2008 at 9:56 PM. Reason : maybe you have more faith in these people than i do]

10/1/2008 9:55:06 PM

BadPokerPlyr
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my crotch itches

10/1/2008 9:55:48 PM

cddweller
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Currently Y-74 and N-25 on C-SPAN 2.

10/1/2008 9:56:02 PM

wolfpackgrrr
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Quote :
" Senate Passes Revised $700B Financial Bailout Legislation "


http://www.foxnews.com/story/0,2933,431561,00.html

10/1/2008 9:57:04 PM

tsavla
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does that mean, we screwed?

10/1/2008 9:57:47 PM

wolfpackgrrr
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It kind of bothers me that the guy who campaigns on his opposition to earmarks voted for a bill coated in them

10/1/2008 10:00:28 PM

kiljadn
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It should bother you. The dude is the biggest flip-flopper I've ever seen in my life.


Too bad the republican party was too secular and their judgement clouded by idiotic religion to vote for the best candidate they had in Romney.

10/1/2008 10:07:36 PM

FykalJpn
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uh, if they didn't vote for bills w/ earmarks, they'd never get to vote for anything

10/1/2008 10:09:19 PM

ScHpEnXeL
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FUCK THIS SHIT

Jesus fucking Christ..the whole point of a free economy is that businesses fail or prosper because of their actions. these banks have failed..and they should do so without any interference from the government. someone will buy them out, become stronger, and ultimately prosper from the the misguidance of a shitty, greedy CEO... just like every consumer that takes on too much debt

I mean, if I go max out every credit I can get, ultimately I'm fucked... these banks aren't much different.

10/1/2008 10:10:19 PM

FykalJpn
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who said a free economy was the best way?

10/1/2008 10:11:36 PM

ScHpEnXeL
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me

10/1/2008 10:11:59 PM

wolfpackgrrr
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^^^^ But at least if he voted against them all he wouldn't be a hypocrite.

[Edited on October 1, 2008 at 10:12 PM. Reason : .]

10/1/2008 10:12:11 PM

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