The Bailout Bill Just Failed - Not Passed

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  • nosey
    Talk Hard
    • Feb 2003
    • 14413

    #51
    Originally posted by Juicy D. Links

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    • qxm
      Confirmed User
      • Jul 2006
      • 5970

      #52
      fuck... I better stop watching fucked up news and go and make myself a freaking Omelet du Formage..... at this point that seems like a better investment of my time.... c u all in 30 mins....

      ICQ: 266990876

      Comment

      • Antonio
        Too lazy to set a custom title
        • Oct 2001
        • 14136

        #53
        Originally posted by buzzy
        dow is down around 1000 now i heard.
        -470 right now, watch CNN

        Comment

        • Agent 488
          Registered User
          • Feb 2006
          • 22511

          #54
          Originally posted by BradM

          Oddly... the republicans just saved this country from a major ass raping.... for now.
          most republican strategists advised a no vote as a way to separate themselves from the toxic bush admin.

          Comment

          • foghead
            Confirmed User
            • May 2007
            • 113

            #55
            aint that armerica... foreclosures to see...

            aint that armerica... jobs sold oversease...

            aint that armerica... home of the greed

            little pink houses for the banks to seize

            Comment

            • gornyhuy
              Chafed.
              • May 2002
              • 18041

              #56

              icq:159548293

              Comment

              • GetSCORECash
                Confirmed User
                • Mar 2008
                • 5527

                #57
                Stock market crash... Tommorrow, or possibly by end of day.
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                • pood
                  Confirmed User
                  • Feb 2004
                  • 1609

                  #58
                  This Is The Dream Contrarian Market.omg.

                  Comment

                  • uno
                    RIP Dodger. BEST.CAT.EVER
                    • Dec 2002
                    • 18450

                    #59
                    Repubs are blaming the bill failing on a speech by Pelosi. What tards.
                    -uno
                    icq: 111-914
                    CrazyBabe.com - porn art
                    MojoHost - For all your hosting needs, present and future. Tell them I sent ya!

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                    • pocketkangaroo
                      Confirmed User
                      • Jan 2005
                      • 8452

                      #60
                      Pelosi's speech was retarded. So was voting down a bill because of a speech. Everyone in Congress is an idiot.

                      Comment

                      • BradM
                        Confirmed User
                        • Dec 2003
                        • 3397

                        #61
                        Originally posted by budsbabes
                        most republican strategists advised a no vote as a way to separate themselves from the toxic bush admin.
                        Great move, good timing on this vote.

                        Comment

                        • bronco67
                          Too lazy to set a custom title
                          • Dec 2006
                          • 29026

                          #62
                          So these "nay" fuckers in the house would rather watch the US economy collapse than lose their jobs?

                          Comment

                          • pocketkangaroo
                            Confirmed User
                            • Jan 2005
                            • 8452

                            #63
                            Originally posted by uno
                            Repubs are blaming the bill failing on a speech by Pelosi. What tards.
                            The Republicans in Congress are scumbags, but the speech was ridiculous. Trying to pass a major bill and she gets up and just thrashes them. Save that for afterwards.

                            Comment

                            • shermo

                              #64
                              http://news.yahoo.com/s/ap/financial_meltdown

                              We needed this... Stimulation is what we needed, and even economists like Buffet said we need it. Down goes the market, and we're heading towards depression. We were already, but still...The poor get poorer.

                              Comment

                              • pocketkangaroo
                                Confirmed User
                                • Jan 2005
                                • 8452

                                #65
                                Originally posted by bronco67
                                So these "nay" fuckers in the house would rather watch the US economy collapse than lose their jobs?
                                They will lose their jobs when we hit 10% unemployment and everyone's 401K drops 20%.

                                Comment

                                • uno
                                  RIP Dodger. BEST.CAT.EVER
                                  • Dec 2002
                                  • 18450

                                  #66
                                  Originally posted by pocketkangaroo
                                  Pelosi's speech was retarded. So was voting down a bill because of a speech. Everyone in Congress is an idiot.
                                  I sincerely doubt her speech made a lick of difference and only provided some disingenuous cover for voting against the bill they wanted to vote against anyway.
                                  -uno
                                  icq: 111-914
                                  CrazyBabe.com - porn art
                                  MojoHost - For all your hosting needs, present and future. Tell them I sent ya!

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                                  • selena
                                    Confirmed User
                                    • Aug 2004
                                    • 7995

                                    #67
                                    Originally posted by sherm
                                    http://news.yahoo.com/s/ap/financial_meltdown

                                    We needed this... Stimulation is what we needed, and even economists like Buffet said we need it. Down goes the market, and we're heading towards depression. We were already, but still...The poor get poorer.

                                    Sherm, I'm a financial dumbass, but if we need stimulation, wouldn't dividing that $700 million up between Americans do a much better job of it?
                                    ~
                                    Doer of Things at
                                    MetArtMoney
                                    Where Flawless Beauty Meets Art
                                    ~The MetArt Network ~
                                    selena.delgado9

                                    Comment

                                    • Peaches
                                      Old broad
                                      • Oct 2002
                                      • 13933

                                      #68
                                      I suspect a new bill with a few minor rewritings will be presented and passes within the next week.

                                      Comment

                                      • notoldschool
                                        Confirmed User
                                        • Aug 2007
                                        • 5687

                                        #69
                                        "Ample no votes came from both the Democratic and Republican sides of the aisle. More than two-thirds of Republicans and 40 percent of Democrats opposed the bill."
                                        No doubt one may quote history to support any cause, as the devil quotes scripture.
                                        -- Learned Hand

                                        http://www.bjpenn.com

                                        Comment

                                        • Dollarmansteve
                                          Confirmed User
                                          • May 2005
                                          • 2849

                                          #70
                                          Originally posted by pood
                                          This Is The Dream Contrarian Market.omg.
                                          Anyone who missed 4Q 01 as a buying opp, 4Q 08 might be just as good!
                                          I died.

                                          Comment

                                          • ADL Colin
                                            Too lazy to set a custom title
                                            • Feb 2001
                                            • 11929

                                            #71
                                            Originally posted by pocketkangaroo
                                            They will lose their jobs when we hit 10% unemployment and everyone's 401K drops 20%.
                                            The average person's 401k is already down 28% from the peak.


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                                            • ADL Colin
                                              Too lazy to set a custom title
                                              • Feb 2001
                                              • 11929

                                              #72
                                              Originally posted by Dollarmansteve
                                              Anyone who missed 4Q 01 as a buying opp, 4Q 08 might be just as good!
                                              I'm planning on buying a lot in October.

                                              October *shudder*


                                              Adult Date Link - $50 PPS starting NOW! -- good and JUICY!

                                              skype = "adultdatelink"

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                                              • ADL Colin
                                                Too lazy to set a custom title
                                                • Feb 2001
                                                • 11929

                                                #73
                                                Originally posted by Peaches
                                                I suspect a new bill with a few minor rewritings will be presented and passes within the next week.
                                                Seems likely.


                                                Adult Date Link - $50 PPS starting NOW! -- good and JUICY!

                                                skype = "adultdatelink"

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                                                • JP-pornshooter
                                                  Confirmed User
                                                  • Sep 2006
                                                  • 4007

                                                  #74
                                                  Originally posted by pocketkangaroo
                                                  They will lose their jobs when we hit 10% unemployment and everyone's 401K drops 20%.
                                                  i think your predicament would be a soft landing, i think the carnage will go much worse, possible with many people taking up to 50% "adjustments" on their 401k retirement savings.
                                                  "Obscenity is whatever gives the Judge an erection." -- Author Unknown

                                                  Comment

                                                  • Peaches
                                                    Old broad
                                                    • Oct 2002
                                                    • 13933

                                                    #75
                                                    Originally posted by selena
                                                    Sherm, I'm a financial dumbass, but if we need stimulation, wouldn't dividing that $700 million up between Americans do a much better job of it?
                                                    Giving the money to the people doesn't help the banks afford more loans and very few people have the ability to purchase houses and cars and pay tuition with cash, even if they were given their "portion" of the bailout.

                                                    Comment

                                                    • seeric
                                                      ..........
                                                      • Aug 2004
                                                      • 41917

                                                      #76
                                                      there will absolutely be another bill.

                                                      Comment

                                                      • Snake Doctor
                                                        I'm Lenny2 Bitch
                                                        • Mar 2001
                                                        • 13449

                                                        #77
                                                        This whole thing sucks.

                                                        There are no good choices, only bad choices and worse choices.

                                                        226 members of the House made the worse choice today.

                                                        If this weren't an election year the bill would have passed 430 to 5 in the house and 97 to 3 in the Senate......but, as usual, they're only worried about saving their own necks and not ours.
                                                        sig too big

                                                        Comment

                                                        • Brujah
                                                          Beer Money Baron
                                                          • Jan 2001
                                                          • 22157

                                                          #78
                                                          Originally posted by stickyfingerz
                                                          My count is 94 nay for dems and 66 yea from repubs. That means that the dems are the ones that made the bill fail to me. Why couldn't the dems get on board with each other over it? They only needed a handful of votes.
                                                          You wanted this bailout bill to pass?

                                                          Comment

                                                          • Splum
                                                            Confirmed User
                                                            • May 2003
                                                            • 6195

                                                            #79
                                                            Let the banks fail, all them motherfuckers should have paid their mortgages on time. They deserve to be homeless.

                                                            -----------------------------------
                                                            http://www.survivalblog.com

                                                            Comment

                                                            • mikeyddddd
                                                              Viva la vulva!
                                                              • Mar 2003
                                                              • 16557

                                                              #80
                                                              Minority Leader John Boehner calls the financial rescue deal a ?crap sandwich?


                                                              Comment

                                                              • selena
                                                                Confirmed User
                                                                • Aug 2004
                                                                • 7995

                                                                #81
                                                                Originally posted by Peaches
                                                                Giving the money to the people doesn't help the banks afford more loans and very few people have the ability to purchase houses and cars and pay tuition with cash, even if they were given their "portion" of the bailout.
                                                                Well, and I'm just playing around in my mind, obviously, but I'd think that would be a pretty good sized chunk of change if they did that. They could tax it as well, and make me give some back to the feds. First thing I'd do was pay off my house, which gives money back to my bank.

                                                                Not going to happen, I know, but I just cannot stomach the idea of them doing this bailout. And it's not a popular opinion, I'm pretty sure, but I don't have much sympathy for people who bought houses that they had to *know* that they could not afford, and are facing foreclosure.

                                                                I bought in 2005. When I went through the loan process, they told me I was eligible for a loan far, far greater than I expected. For a day or so, I dreamed of the house that I could buy with that kind of money. But then even dumbass me knew that the amount was a stupid ass amount for me to even begin to consider, so I shopped for and bought something pretty modest.

                                                                If I hadn't, no one would be talking about bailing me out today.
                                                                ~
                                                                Doer of Things at
                                                                MetArtMoney
                                                                Where Flawless Beauty Meets Art
                                                                ~The MetArt Network ~
                                                                selena.delgado9

                                                                Comment

                                                                • andrej_NDC
                                                                  Registered User
                                                                  • May 2004
                                                                  • 7760

                                                                  #82
                                                                  Originally posted by MetaMan
                                                                  i have no idea if it is true i am no economist.

                                                                  but wouldnt the less printed money ie $700billion make it better for the dollar?

                                                                  can anyone explain this.
                                                                  In long term it is better, as the economy will have a chance to heal on its own. Short term, not so good, people will buy different currencies or commodities which are safer for now. And that will make the dollar weaker.

                                                                  Comment

                                                                  • uno
                                                                    RIP Dodger. BEST.CAT.EVER
                                                                    • Dec 2002
                                                                    • 18450

                                                                    #83
                                                                    Originally posted by selena
                                                                    Well, and I'm just playing around in my mind, obviously, but I'd think that would be a pretty good sized chunk of change if they did that. They could tax it as well, and make me give some back to the feds. First thing I'd do was pay off my house, which gives money back to my bank.

                                                                    Not going to happen, I know, but I just cannot stomach the idea of them doing this bailout. And it's not a popular opinion, I'm pretty sure, but I don't have much sympathy for people who bought houses that they had to *know* that they could not afford, and are facing foreclosure.

                                                                    I bought in 2005. When I went through the loan process, they told me I was eligible for a loan far, far greater than I expected. For a day or so, I dreamed of the house that I could buy with that kind of money. But then even dumbass me knew that the amount was a stupid ass amount for me to even begin to consider, so I shopped for and bought something pretty modest.

                                                                    If I hadn't, no one would be talking about bailing me out today.
                                                                    If the bailout was split amongst the population we'd only get a few hundred bucks each.
                                                                    -uno
                                                                    icq: 111-914
                                                                    CrazyBabe.com - porn art
                                                                    MojoHost - For all your hosting needs, present and future. Tell them I sent ya!

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                                                                    • selena
                                                                      Confirmed User
                                                                      • Aug 2004
                                                                      • 7995

                                                                      #84
                                                                      Originally posted by uno
                                                                      If the bailout was split amongst the population we'd only get a few hundred bucks each.
                                                                      Obviously my dumbass-edness applies to math as well then.

                                                                      I just don't see how this goes hand in hand with a free market economy, but maybe we aren't that anymore.
                                                                      ~
                                                                      Doer of Things at
                                                                      MetArtMoney
                                                                      Where Flawless Beauty Meets Art
                                                                      ~The MetArt Network ~
                                                                      selena.delgado9

                                                                      Comment

                                                                      • andrej_NDC
                                                                        Registered User
                                                                        • May 2004
                                                                        • 7760

                                                                        #85
                                                                        Originally posted by Splum
                                                                        Let the banks fail, all them motherfuckers should have paid their mortgages on time. They deserve to be homeless.
                                                                        Those people are too stupid, banks which gave them the money are the responsible ones. Give a monkey a gun...
                                                                        Last edited by andrej_NDC; 09-29-2008, 11:13 AM.

                                                                        Comment

                                                                        • mynameisjim
                                                                          Confirmed User
                                                                          • Aug 2007
                                                                          • 2985

                                                                          #86
                                                                          The economy won't collapse if this bill isn't passed. If business really wanted to fix the credit market they would, just pumping in money won't fix anything. I applaud congress for standing up finally and looking out for average Americans. There needs to be provisions for struggling home owners in this bill or it simply won't pass.

                                                                          Honestly though, if you want to restart the economy, this 700 billion along with this summer's stimulus package should of been spent on public works construction projects like building roads, bridges, etc. When you do that you put people to work and that's what fuels a healthy economy.

                                                                          Bailing out banks who knew this day would come for several years will not save our economy from a deep recession.
                                                                          Last edited by mynameisjim; 09-29-2008, 11:15 AM.
                                                                          jim (at) amateursconvert . com Amateurs Convert

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                                                                          • Juicy D. Links
                                                                            So Fucking Banned
                                                                            • Apr 2001
                                                                            • 122992

                                                                            #87
                                                                            the cost of Cologne is gonna skyrocket

                                                                            Comment

                                                                            • mynameisjim
                                                                              Confirmed User
                                                                              • Aug 2007
                                                                              • 2985

                                                                              #88
                                                                              Originally posted by uno
                                                                              If the bailout was split amongst the population we'd only get a few hundred bucks each.
                                                                              I read $2500 each.
                                                                              jim (at) amateursconvert . com Amateurs Convert

                                                                              Comment

                                                                              • andrej_NDC
                                                                                Registered User
                                                                                • May 2004
                                                                                • 7760

                                                                                #89
                                                                                Originally posted by uno
                                                                                If the bailout was split amongst the population we'd only get a few hundred bucks each.
                                                                                Few k each, but it wouldn't make a difference anyway. Maybe even a worse solution. People are dumb, they would think everything is ok now and spend it on some stupid shit.

                                                                                Comment

                                                                                • Rochard
                                                                                  Jägermeister Test Pilot
                                                                                  • Dec 2001
                                                                                  • 75761

                                                                                  #90
                                                                                  Originally posted by Peaches
                                                                                  Giving the money to the people doesn't help the banks afford more loans and very few people have the ability to purchase houses and cars and pay tuition with cash, even if they were given their "portion" of the bailout.
                                                                                  That's the problem though. You can give all of the money in the world to the banks, but that won't help anyone get loans. Everyone is upside down on their mortgages and owes more money on their houses than it's worth by hundreds of thousands of dollars. No bank in their right fucking mind is going to give them a loan!

                                                                                  All this is gonna do is bail out the banks. It's not going to fix the problem for someone who owes $600k on a house now worth $200k.
                                                                                  Herschel Savage
                                                                                  Brooklyn, NY

                                                                                  Comment

                                                                                  • shermo

                                                                                    #91
                                                                                    Originally posted by selena
                                                                                    Well, and I'm just playing around in my mind, obviously, but I'd think that would be a pretty good sized chunk of change if they did that. They could tax it as well, and make me give some back to the feds. First thing I'd do was pay off my house, which gives money back to my bank.

                                                                                    Not going to happen, I know, but I just cannot stomach the idea of them doing this bailout. And it's not a popular opinion, I'm pretty sure, but I don't have much sympathy for people who bought houses that they had to *know* that they could not afford, and are facing foreclosure.

                                                                                    I bought in 2005. When I went through the loan process, they told me I was eligible for a loan far, far greater than I expected. For a day or so, I dreamed of the house that I could buy with that kind of money. But then even dumbass me knew that the amount was a stupid ass amount for me to even begin to consider, so I shopped for and bought something pretty modest.

                                                                                    If I hadn't, no one would be talking about bailing me out today.
                                                                                    If you break up 700,000,000,000 evenly into the 305,291,233 people that live in the US according to http://www.census.gov/main/www/popclock.html, that would be $2292 give or take per person. As you can see with the first stimulus checks, this did next to nil.

                                                                                    Now, if we can save banks, this will allow people to still borrow money for homes, cars, etc. This commerce would keep the economy moving. With the fat cats having no money, falling salaries, etc...This takes jobs away from Americans as the fat cats can no longer employ, etc.

                                                                                    The general person thinks that it's best for the country to save the common person, and it's just as selfish as the CEO's who think they deserve the world. If everybody would stop to thinking about me, me, me, we could all pull together and figure this out.

                                                                                    I know I'm in the minority and I know that this bill had a lot of BS attached...but overall, I think we needed this, and I hope they can counteract this with a new version shortly. let's split the difference between WS and the American people by a SMALL tax increase...This will strengthen the dollar once again, get the economy moving and possibly pull us out of a potential depression.
                                                                                    Last edited by Guest; 09-29-2008, 11:17 AM.

                                                                                    Comment

                                                                                    • Agent 488
                                                                                      Registered User
                                                                                      • Feb 2006
                                                                                      • 22511

                                                                                      #92
                                                                                      Originally posted by uno
                                                                                      If the bailout was split amongst the population we'd only get a few hundred bucks each.
                                                                                      $2333.33 per person.

                                                                                      Comment

                                                                                      • Serge Litehead
                                                                                        Confirmed User
                                                                                        • Dec 2002
                                                                                        • 5190

                                                                                        #93
                                                                                        Does anyone know projected amount of foreclosures happening doe to this mess? How many people may end up on the streets?

                                                                                        Comment

                                                                                        • uno
                                                                                          RIP Dodger. BEST.CAT.EVER
                                                                                          • Dec 2002
                                                                                          • 18450

                                                                                          #94
                                                                                          Originally posted by selena
                                                                                          Obviously my dumbass-edness applies to math as well then.

                                                                                          I just don't see how this goes hand in hand with a free market economy, but maybe we aren't that anymore.
                                                                                          Karl Marx said, and I'm paraphrasing, "Give free markets enough rope and they'll hang themselves."
                                                                                          -uno
                                                                                          icq: 111-914
                                                                                          CrazyBabe.com - porn art
                                                                                          MojoHost - For all your hosting needs, present and future. Tell them I sent ya!

                                                                                          Comment

                                                                                          • Quagmire
                                                                                            Confirmed User
                                                                                            • Jul 2005
                                                                                            • 6490

                                                                                            #95
                                                                                            Originally posted by Splum
                                                                                            Let the banks fail, all them motherfuckers should have paid their mortgages on time. They deserve to be homeless.
                                                                                            Originally posted by andrej_NDC
                                                                                            Those people are too stupid, banks which gave them the money are the responsible ones. Give a monkey a gun...
                                                                                            What, you mean giving a $300,000 mortgage to a person making $35,000 a year was a bad idea??

                                                                                            Not teaching the population about credit and how it works and then handing them money is totally the fault of the system. In general (and I don't mean Americans, I mean globally in general) people are stupid. Take all the wealth of the world and divide it equally and in a few years the money ends up right back where it was to start with, with a few minor changes.

                                                                                            Comment

                                                                                            • BlackCrayon
                                                                                              Too lazy to set a custom title
                                                                                              • Jun 2003
                                                                                              • 19634

                                                                                              #96
                                                                                              Originally posted by holograph
                                                                                              Does anyone know projected amount of foreclosures happening doe to this mess? How many people may end up on the streets?
                                                                                              Gonna be a helluva lot more if this bailout doesn't happen. Hope you guys like soup kitchens.
                                                                                              you don't know you're wearing a leash if you sit by the peg all day..

                                                                                              Comment

                                                                                              • FlexxAeon
                                                                                                Confirmed User
                                                                                                • May 2003
                                                                                                • 3765

                                                                                                #97
                                                                                                sooooo.... as much as these politicians say that this was a non-partisan bill, it fell victim to the same partisan crap as all other bills?
                                                                                                flexx [dot] aeon [at] gmail

                                                                                                Comment

                                                                                                • stickyfingerz
                                                                                                  Doin fine
                                                                                                  • Oct 2005
                                                                                                  • 24984

                                                                                                  #98
                                                                                                  Originally posted by Brujah
                                                                                                  You wanted this bailout bill to pass?
                                                                                                  Not saying I did. But the majority of the dems did, but were not able to come together enough to pass it.

                                                                                                  Comment

                                                                                                  • qxm
                                                                                                    Confirmed User
                                                                                                    • Jul 2006
                                                                                                    • 5970

                                                                                                    #99
                                                                                                    - 700!!!!!! fuck

                                                                                                    ICQ: 266990876

                                                                                                    Comment

                                                                                                    • uno
                                                                                                      RIP Dodger. BEST.CAT.EVER
                                                                                                      • Dec 2002
                                                                                                      • 18450

                                                                                                      #100
                                                                                                      Originally posted by andrej_NDC
                                                                                                      Few k each, but it wouldn't make a difference anyway. Maybe even a worse solution. People are dumb, they would think everything is ok now and spend it on some stupid shit.
                                                                                                      Oh, I thought someone broke it down the other day when someone posted a chain letter with incorrect math and it came out to 400 bucks.
                                                                                                      -uno
                                                                                                      icq: 111-914
                                                                                                      CrazyBabe.com - porn art
                                                                                                      MojoHost - For all your hosting needs, present and future. Tell them I sent ya!

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