House Bailout Bill Fails - September 29, 2008
The House of Representatives vote NAY on the Bailout Bill. Lawmakers can change their vote. The roll call can remain open for another 20 minutes so that some reps could be strong armed to change their vote. The margin of victory for the nay votes is at 23% and it would be extremely difficult to change the minds of enough representatives.
Did your House of Representatives delegate vote the right way? House of Representatives Bailout Vote
Republicans are blaiming the Pelosi Speech for the bailout failing. For a sound argument against the bailout you can’t beat Ron Paul: Ron Paul speech before the bailout vote.
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The DOW is in constant fluctuaion,
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The vote is still open until the chair “President of the House” closes it. It will take 13 more members to move over to the Yea side for the Bailout bill to pass.
While writing this one vote has now changed, 227 Nay and 205 Yeah votes. Someone has gotten the strong arm beat down.
Holy Sheep! The vote has changed again! Now it’s 226 Nay and the DOW is down 392.
How many more votes will change I don’t know, but you can bet your Trillion of dollars shady stuff is going on at the voting floor.
UPDATE 3:03pm EST: Speaker of the House Nancy Pelosi Speech declares “Martial Law”?
Tags: Bailout, margin of victory, roll call, Ron Paul, speaker of the house nancy pelosi
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Stumble it!
i thought the dow had emergency shit in place
if it falls too much
they close the market
I need to start courting Chinese customers…
my sister owns gold at like 300 an ounce
from years ago
everyone told her she was dumb
How much gold? (I need to know who to loot).
BTW, people with gold teeth are fucked.
This is the right thing to do. That bill was full of pork. Do we really think the same people that caused this are going to fix it? Screw the government. Government is full of smug pricks that are raping America.
Best fix to the economic mess: Kick them all out! Throw them in prison for treason, they sold us out.
Gold is up 25 bucks. I’m going tooth huntin’ tonight.
When a business makes bad decisions, it pays the consequences.
When a lender is lied to, or misrepresents their ability to pay, there is legal recourse.
Stock holders took the risk, and then paid no attention to their proxy notices.
Those who are victims hav recourse, the proposed bill should protect the victims, the others need to see a drop in asset value, and then have the assets bought out .
BY other investors prepared to make their moves.
It seems the natural thing to do, I would support such a solution.
But not a bailout
[...] House bailout failed to pass. The economy is reeling from the lack of action from congress. It’s unclear to me whether this is a good or bad thing. Generally I believe government is best kept at a minimum, so it’s possible this is the best course for our country. [...]
Tender spot hurting a lot? Other side too? bruises on your face and body throbbing? Is that blood running out your nose, skirt above your head in the wind, panties torn and soiled, titties swelling and turning blue by the minute, lost on the roadside, hoping not to die? Did you recognize the tail lights of the limo that threw you off? Was it the same limo that picked you up at election time, promising a good decent clean ride? Will you ever learn? Last time these guys did this to you, your babies were killed in Iraq and your retirement fund spent to do it, your taxes went up, you did not get destroyed by the weapons of mass destruction, they were never found. Poor little America. Our heart-felt prayers from Canada go out to you!
The republicans have cause this financial disaster. Now they are keeping the democrats from fixing their mess. I could have saved you all, but now - FEEL MY WRATH! Martial Law on the all the Land!
I’m rarely correct in my predictions, but I sensed there was no deal and this, along with the nursery rhythm Humpty Dumpty, that says, “All the kings horses and all the king’s men, couldn’t put Humpty together again,” inspired this song:
Everything is Fallin’ Apart
Dr BLT
words and music by Dr BLT copyright 2008
http://www.drblt.net/music/EveryThingIsDemo2.mp3
This is from the album, Lipstick: Soundtrack for the Presidential Election 2008. Stay “tuned” at:
http://www.drblt.net
America First
Stop playing politics - stop trying to judge what has happened in the past.
Think about how we can stabilize our ecomony.
Is it right to protect people who have made bad decisions -no? It is not but if the economy goes into the tank it will hurt all of us and the hurt will be very big and very
extensive.
If you control the money get rid of the poor decision makers and their pensions. They have done their stock holders wrong, their clients wrong and this country wrong.
Do not kill the US Economy and the people who work hard to just make ends meet.
No Reenforcement of our economy will change our way of life. Our competitors and our enemies will win and our way of life will be gone.
[...] HR 3997 the House Bailout Vote shoots down the proposed government bailout package. [...]
So many comments.
Gold bought at $300.00, She probably bought some coin with 50 bucks worth of gold in it for $300. Good luck trying to sell it.
Everyone complains that Wall Street is getting bailed out but I haven’t heard anyone in the last week mention the homeowners who lied to get a home loan because they thought prices would keep going up and they could make a killing. No one wants to take any responsibility for their actions anymore, it’s always someone elses fault, never theirs. When we the country own those mortgages will you feel pity for those who lied to get a home that at least one honest mortgage broker probably told them they couldn’t afford or will you send them packing?
You’re right ramblerfg, no one wants to take responsibility for their actions anymore.
In fact, most of the politicians who supported the bill, years from now, will probably hope no one remembers who they were.
Bad news for them. We’re going to keep a permanent list right here at http://bailoutbrigade.com
If they’re not going to stand with us, they’re standing in our way.
Gold at 400 here since 2003 Fifty oz Buillion. Protected by Smith and Wesson #29. Add some while its cheap, sheep.