Congress expected to pass rescue package

Congress expected to pass rescue package

There are 19 comments on the TwinCities.com story from Sep 28, 2008, titled Congress expected to pass rescue package. In it, TwinCities.com reports that:

Congressional leaders and the Bush administration agreed Sunday on the main elements of a $700 billion bailout for the financial industry, paving the way for swift enactment of the largest government ...

Join the discussion below, or Read more at TwinCities.com.

Common Sense

Saint Paul, MN

#1 Sep 28, 2008
Pelosi is the biggest fraud to sit in congress in the history of the United States. What a joke.
SAD SUNDAY

Minneapolis, MN

#2 Sep 28, 2008
Now that the bailout has been approved to give a huge amount of
the tax payers money to the Wall street fat cats, the same individuals
that created this financial mess through their self indulging greed in
the first place. Again the American tax payer will maKe it possible for
all these low life fat cats to keep their expensive cars, eat at the most
expensive restaurants, buy the most expensive clothes and jewelry,
live in the multi-million dollar mansions, and walk away from this deal with millions upon millions of dollars in tax payer money in the form of golden parachutes and other buy outs, while the average American tax payer that made this all possible for them, will be cutting coupons shopping at the cheapest stores just to keep their head above water. It don't make any sense and this day should be known as BLACK SUNDAY!! This is SIVERADO SAVINGS and LOAN in the 80's all over again, political leaders and corruption run together and dig deep into our pockets, in order to maintain their living as royalty status.
JKS

New Prague, MN

#3 Sep 28, 2008
Good Bye Yellow Brick Road
Prospective Pax

AOL

#4 Sep 28, 2008
it is a shame McCain or Obama did not take an assertive stand on the bail out of Wall Street.

Sure seems like business as usual in Washington to me with both candidates.
Freedom Lover

Pine Island, MN

#5 Sep 28, 2008
Congress is a bunch of criminals ripping off the taxpayer:

Follow the money:

From Open Secrets.org , here are the contributions to the two status quo presidential candidates from the financial industry sector:

Barack Obama
Goldman Sachs $691,930
Citigroup Inc $448,599
JPMorgan Chase & Co $442,919
Lehman Brothers $370,524
Morgan Stanley $318,070

John McCain
Merrill Lynch $298,413
Citigroup Inc $269,251
Morgan Stanley $233,272
Goldman Sachs $208,395
JPMorgan Chase & Co $179,975
Credit Suisse Group $150,025
Bank of America $129,475
Wachovia Corp $122,846
Lehman Brothers $117,500
Bear Stearns $99,300
Pinnacle West Capital $97,700

Also from Open Secrets.org , here are top 20 recipients in Congress from the financial industry. 11 Democrats and 9 Republicans and look who is #1:

1. Obama, Barack (D) Senate $10,059,210

2. Clinton, Hillary (D-NY) Senate $7,355,720

3. McCain, John (R) Senate $7,029,893

4. Giuliani, Rudolph W (R)$5,038,745

5. Romney, Mitt (R)$4,884,137

6. Dodd, Christopher J (D-CT) Senate $2,932,532

7. Richardson, Bill (D)$912,200

8. Edwards, John (D)$781,395

9. Warner, Mark (D-VA)$671,483

10. Coleman, Norm (R-MN) Senate $626,850

11. McConnell, Mitch (R-KY) Senate $620,236

12. Emanuel, Rahm (D-IL) House $600,500

13. Sununu, John E (R-NH) Senate $595,650

14. Baucus, Max (D-MT) Senate $547,500

15. Durbin,(D-IL) Senate $515,475

16. Thompson, Fred (R)$492,205

17. Biden, Joseph R Jr (D-DE) Senate $432,450

18. Lautenberg, Frank R (D-NJ) Senate $424,233

19. Himes, Jim (D-CT)$393,254

20. Shays, Christopher (R-CT) House $362,720
Suzette

Cottage Grove, MN

#6 Sep 28, 2008
I don't want the finance executives who made just terrible executive decisions to profit from this. No golden parachutes; no lazy millionaires out of the pain of everyone else. Publish their names and addresses and let us picket in front of their deluxe homes.
David

United States

#7 Sep 28, 2008
The Dems have won again, they got us in this mess by blocking Reb votes on regulatory oversight of the mortgage industry so all the "Poor People" could live the American dream, and now they get to control the purse strings to bail out there sorry asses.
Sharon4Widgets

AOL

#8 Sep 28, 2008
Freedom Lover wrote:
Congress is a bunch of criminals ripping off the taxpayer:
Follow the money:
From Open Secrets.org , here are the contributions to the two status quo presidential candidates from the financial industry sector:
Barack Obama
Goldman Sachs $691,930
Citigroup Inc $448,599
JPMorgan Chase & Co $442,919
Lehman Brothers $370,524
Morgan Stanley $318,070
John McCain
Merrill Lynch $298,413
Citigroup Inc $269,251
Morgan Stanley $233,272
Goldman Sachs $208,395
JPMorgan Chase & Co $179,975
Credit Suisse Group $150,025
Bank of America $129,475
Wachovia Corp $122,846
Lehman Brothers $117,500
Bear Stearns $99,300
Pinnacle West Capital $97,700
Also from Open Secrets.org , here are top 20 recipients in Congress from the financial industry. 11 Democrats and 9 Republicans and look who is #1:
1. Obama, Barack (D) Senate $10,059,210
2. Clinton, Hillary (D-NY) Senate $7,355,720
3. McCain, John (R) Senate $7,029,893
4. Giuliani, Rudolph W (R)$5,038,745
5. Romney, Mitt (R)$4,884,137
6. Dodd, Christopher J (D-CT) Senate $2,932,532
7. Richardson, Bill (D)$912,200
8. Edwards, John (D)$781,395
9. Warner, Mark (D-VA)$671,483
10. Coleman, Norm (R-MN) Senate $626,850
11. McConnell, Mitch (R-KY) Senate $620,236
12. Emanuel, Rahm (D-IL) House $600,500
13. Sununu, John E (R-NH) Senate $595,650
14. Baucus, Max (D-MT) Senate $547,500
15. Durbin,(D-IL) Senate $515,475
16. Thompson, Fred (R)$492,205
17. Biden, Joseph R Jr (D-DE) Senate $432,450
18. Lautenberg, Frank R (D-NJ) Senate $424,233
19. Himes, Jim (D-CT)$393,254
20. Shays, Christopher (R-CT) House $362,720
WOW Great Research Rest of Story ProSe Schultz http://www.wethepeoplefoundation.org/Update/U...
http://www.wethepeoplefoundation.org/PROJECTS...

http://www.wethepeoplefoundation.org/PROJECTS...

http://www.wethepeoplefoundation.org/PROJECTS...
Order
http://www.wethepeoplefoundation.org/PROJECTS...

http://www.wethepeoplefoundation.org/PROJECTS...
Submitted in Good Faith as Victims of DFL for 30 yrs Exploiting our Realestate. Briefs at www.msnusers.com/AndersonAdvocates

wow

Minneapolis, MN

#9 Sep 28, 2008
The US has never had a balanced budget since the great depression. Just seems like more of the same. Print more $$ and we'll deal with the clean up later.
Patrick Henry

Westlake, Australia

#10 Sep 28, 2008
What I find sad is nearly all posting on any blog discussion of this "crisis", if there even is such,(Stock market still in same trading range as 2 months ago) is just fingerpointing. "It's the dems", "It's the GOP", "It's the illegal aliens", It's the brokers", "It's the people who got loans ...."

WAKE UP PEOPLE!!!

This is a manufactured crisis that is just another step in the "globalization" or NEW WORLD ORDER" agenda. The ultimate purpose being to enslave all peoples under the slavemasters of the powereful elite. These people have been acquiring control of all the resources and wealth for decades now. And now that they have nearly done so, they still have one big problem to deal with. That is subduing opposition.

They have to disarm those populations that are heavily armed. To do so they need to fool the "scardiecats" in a population that the "patriots" in the population are "bad guys", to get the "scardiecats" to inform on the "patriots". This is exactly what took place in Nazi Germany. Though there the "bad guys" did not have arms, they were simply opposed to Hitler's agendas, and of particular ethno groups.

They have to encourage "disunity" among the people. The old time tested "divide them to conquer them" tactic, which IS PROVEN TO WORK!

Everybody needs to wake up and realize that unless we all pull together, that WE THE PEOPLE are about to be conquered by the GREEDY ELITE!!!

When the President believes that our Constitution is "just a God d**ned piece of paper", we have a real problem people. Stop worrying about your 401K's. Their agenda is to eventually suck those dry as well, that is what GREED DOES, and that is exactly what will take place UNLESS "WE THE PEOPLE" get organized with each other to prevent the abuses of power from taking place. WAKE UP NOW, because if you do not one day soon you will wake up to SLAVERY AND DICTATORSHIP, and your precious 401K's and other investments won't be worth squat!!

If you don't believe me, read and "don't weep", read and "join together". We will all be the losers if we do not.

http://sciencenotes.wordpress.com/2008/09/14/ ...

http://www.capitolhillblue.com/artman/publish ...

http://www.youtube.com/watch ...

http://www.capitolhillblue.com/artman/publish ...

AND THE MOST ONEROUS CONFIRMATION OF "THE AGENDA" IS FOUND IN THE "ARMY TIMES" ARTICLE BELOW, DEPLOYEMENT OF A "COMBAT BRIGADE" ON "HOMELAND DUTY" BEGINNING OCTOBER 1,2008 (Topix splits this long URL so repaste it in Notepad)

http://209.85.173.104/search?q =cache:fMtfQU6Nn04J:www.armyti mes.com/news/2008/09/army_home land_090708w/+3rd+brigade+comb at+oct+1+2008&hl=en&ct =clnk&cd=3&gl=us

AND FINALLY CHECK OUT WHERE "THE AGENDA" IS ALL ULTIMATELY DESIGNED TO LEAD!!!!! YIKES!!!!!!!!

http://www.prisonplanet.com/articles/february ...

http://216.239.59.104/search?q =cache:5QlNdOLmHOQJ:www.mindfu lly.org/Reform/2004/FEMA-Conce ntration-Camps3sep04.htm+empty +federal+prisons&hl=en &ct=clnk&cd=3&gl=u s
Suzette

Cottage Grove, MN

#11 Sep 28, 2008
David wrote:
The Dems have won again, they got us in this mess by blocking Reb votes on regulatory oversight of the mortgage industry so all the "Poor People" could live the American dream, and now they get to control the purse strings to bail out there sorry asses.
Clinton worked to open up the chance for housing to everyone; Bush did too (2001 or 2?). But the intention could never have been to give mortgages to people who couldn't afford them.
It was the mortgage companies that sat down and looked at the applicants' statements and told them they could take out a mortgage. I don't blame either Clinton or Bush for the mess. It's the companies that okayed unpayable mortgages.
joe

Buffalo, MN

#12 Sep 28, 2008
Guess we know who really runs this pathetic country now. I sure would like to see the details of this plan our **** hole leaders put togeather but I'm sure, as usual, this thing won't become public until after its voted on and approved. I'm getting mighty tired of workin my **** off to try to put a little away for retirement and always having it taken away. Its all smoke and mirrors in the end. This country can go to H**L.
After Shock

Saint Francis, MN

#14 Sep 28, 2008
(Freedom Lover & Patrick Henry), THANK YOU for the Links! Its Nice to know that Not All the People in America are in a Coma. Its time for the Real Working Class People to Run for Office and EXPOSE all this Corruption that the MEDIA fails to EXPOSE.
The Media is just as Corrupt as the Politicians.
Recall 08

Saint Paul, MN

#15 Sep 28, 2008
If people were not this inept to keep voting the same clowns over and over again to Washington, we would not be in this mess in the first place.

Bottom line: this problem is at the square responsibility of main street local VOTERS and CAUCUS members!!! It is all your goddamn fault for re-nominating your candidate to public office!!! You half-witted, middle class, status quo elites were too **** lazy to look into your candidate's record profile and figure out what legislative bills they were voting on, before they could be signed off by the President!!**** You!! You idiots are partly to blame for this financial crisis worldwide!! Go ahead! Drowned yourself into more debt and poverty and keep passing the torch on America's future generations. All this to keep career professionals in power and making arrogant decisions in government!!

Maybe Russia is not a such a bad place after all for a model of democracy....
Downtowner

New Auburn, WI

#16 Sep 28, 2008
Aside from trying to understand who or what caused the crisis, it may be that this bailout will have the effect of a bucket of water on a forest fire. I am concerned that Paulson and company are whistling in the dark, and that we may be paying alot for nothing. We have no guarantee that this will work at all. I wish I had reason not to be so skeptical.
Allison

Hastings, MN

#17 Sep 28, 2008
Joe of Hastings, I want to know why you feel the way you do! From what I know of Wall Street and Washington and the Economist...We're in for a ride! Let us enjoy with family, solidarity or with government, church, or charities. Ride it out!...Let's be divided! But be Happy....Hell, I'll check you out next time. I'm just trying to be the best person I can be, I hope you can be too!
Allison

Hastings, MN

#18 Sep 28, 2008
BTW(By The Way) I'm not really convinced that it is the mortgage crisis versus jobs! Job growth, raises etc... Maybe it's the fact that America expects more than a dollar value.
Grape Soda

San Diego, CA

#19 Sep 28, 2008
Terry

Fresno, CA

#20 Sep 28, 2008
David wrote:
The Dems have won again, they got us in this mess by blocking Reb votes on regulatory oversight of the mortgage industry so all the "Poor People" could live the American dream, and now they get to control the purse strings to bail out there sorry asses.
Oh please. ALL THIS happened with the republicans in control folks.

The bailout is a republican NEW WORLD ORDER scam folks.

Stop being so fox stupid conservatives.

The Fed is a private company and not a gov agency.

Jeez folks. COme on already.

Well I guess we should rename our country Western France.

GREAT JOB REPUBLICANS! 8 Years of conservatives control and the end result is the largest welfare check in history.

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