Guyana.org Guyana News and Information Discussion Forums Political Discussions Time has run out on the house floor and it appears the bailout "Deal"
Guyana News and Information Discussion Forums Political Discussions Time has run out on the house floor and it appears the bailout "Deal"Moderators: Admin
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Executive Member Location: NY
Registered:: February 25, 1999
Posts: 32343
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Posted
missed passing by 19 votes! We are in serious trouble!
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Elite Member Registered:: February 27, 1999
Posts: 28136
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Posted
Dow falls 600points....
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Executive Member Location: NY
Registered:: February 25, 1999
Posts: 32343
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Posted
apparently they are doing some arm twisting in the cloakroom since so the voting is still being held open in hope that they can get the votes. |
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Executive Member Location: NY
Registered:: February 25, 1999
Posts: 32343
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Posted
132 Republicans are not buyngg it so I guess McCain could not pull it together.
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Executive Member Location: NY
Registered:: February 25, 1999
Posts: 32343
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Posted
Speaker brought the gavel down, the bill failed!
206 to 227! |
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Member Location: Closer Than U Think
Registered:: May 09, 2002
Posts: 1742
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Posted
There goes my 401K |
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Member Registered:: April 04, 2008
Posts: 2703
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Posted
This is bad news for McCain and the Republicans!
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Elite Member Registered:: February 27, 1999
Posts: 28136
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Posted
cowardly congress. they negotiated all night and didn't have the guts to pass what they negotiated for. spineless cowards.
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Executive Member Location: NY
Registered:: February 25, 1999
Posts: 32343
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Posted
They have to do it. Maybe they will do some horse trading and finally get it done. |
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Elite Member Registered:: February 27, 1999
Posts: 28136
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Posted
The govt should just lend $700 billion to banks that are not about to go bankrupt. These banks such as HSBC, and RBC can provide the necessary liquidity with the $700 bill. As for the other banks let them go bankrupt.
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Knows the ropes Member Location: India
Registered:: August 21, 2002
Posts: 6930
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Posted
it's not as simple as thiat. The aim if to bring liquidity back into the system and try to keep people in their homes. This will not be addressed by throwing money every which way. |
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Elite Member Registered:: February 27, 1999
Posts: 28136
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Posted
why don't you shut up. Get it into your head, not all banks are suffering a credit crisis. There is no need for a bailout. |
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Executive Member Location: NY
Registered:: February 25, 1999
Posts: 32343
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Posted
The bill is once more on the floor of the house. It will pass this time. Unfortunately the republicans, (the small government folks!) added 150 billion dollars in Pork to this critical bill. I hope it fails but it will not. A as barney franks noted, they were held hostage by republicans once again.
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Member Registered:: March 03, 2003
Posts: 3925
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Posted
The pork-laden bill has passed in the House.
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Guyana.org Guyana News and Information Discussion Forums Political Discussions Time has run out on the house floor and it appears the bailout "Deal"
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