Reply Mon 29 Sep, 2008 11:47 am
well,it seems the republicans and some dems have killed the bail-out bill.
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Type: Discussion • Score: 41 • Views: 20,746 • Replies: 538

 
sozobe
 
  3  
Reply Mon 29 Sep, 2008 11:50 am
@dyslexia,
Eh?

Got a link?
Cycloptichorn
 
  2  
Reply Mon 29 Sep, 2008 11:50 am
@sozobe,
Bailout fails.

Stock market instantly falls 700 points

Wow

Cycloptichorn
dyslexia
 
  1  
Reply Mon 29 Sep, 2008 11:50 am
@sozobe,
cspan
0 Replies
 
sozobe
 
  1  
Reply Mon 29 Sep, 2008 11:51 am
@sozobe,
Oh. Just turned on CNN.
0 Replies
 
dyslexia
 
  1  
Reply Mon 29 Sep, 2008 11:54 am
DOW down 400
0 Replies
 
sozobe
 
  1  
Reply Mon 29 Sep, 2008 11:55 am
@Cycloptichorn,
Looks like it's not over. A vote changed a bit ago (nay to yea) and people are evidently still trying to make things happen.

May not actually work of course. May not have a chance of working, I don't know.
0 Replies
 
gungasnake
 
  -1  
Reply Mon 29 Sep, 2008 12:00 pm
Nazi Piglosi shot down in flames by her own party... Must really suck to be Piglosi or Schumer or Frank today.
Debra Law
 
  1  
Reply Mon 29 Sep, 2008 12:04 pm
House Vote:

Demotcratic 141 (Yea) 94 (Nay)
Republican 66 (Yea) 132 (Nay) 1 (NV)
Totals 207 (yea) 226 (Nay)

Party leaders still twisting arms, but they need 10 more yea votes
0 Replies
 
Debra Law
 
  3  
Reply Mon 29 Sep, 2008 12:07 pm
There's wheeling and dealing going on in the back rooms of Congress. What trade-offs will be made to get those additional 10 votes?
cicerone imposter
 
  2  
Reply Mon 29 Sep, 2008 12:08 pm
@gungasnake,
You still don't understand how congress works in our country.
0 Replies
 
sozobe
 
  2  
Reply Mon 29 Sep, 2008 12:13 pm
@Debra Law,
It seems like it's now officially dead, and things start over, or something. Talk about Pelosi and Boehner meeting and figuring out where to go from here.
dyslexia
 
  2  
Reply Mon 29 Sep, 2008 12:18 pm
DOW down 500
chai2
 
  1  
Reply Mon 29 Sep, 2008 12:19 pm
@dyslexia,
jesus
0 Replies
 
cicerone imposter
 
  2  
Reply Mon 29 Sep, 2008 12:19 pm
@sozobe,
Congress must do more than just a bailout of banks and finance companies, although the issue of liquidity must be addressed first. Many people rely on credit to buy things, make payroll, and other important issues that maintains our economy. It would be short-sighted not to attack liquidity first.
0 Replies
 
dyslexia
 
  2  
Reply Mon 29 Sep, 2008 12:22 pm
just my wild guess but could be that the repubs (mccain) will drop at least 10 points in the polls tomorrow.
0 Replies
 
sozobe
 
  2  
Reply Mon 29 Sep, 2008 12:25 pm
I'm trying to make sense of this, doing a round of usual blogs. Most of them are saying "uh, what the heck just happened?" Or "more soon." Meanwhile Marc Ambinder is scaring the **** out of me:

Quote:
Where Were You When The World Economy Collapsed?

29 Sep 2008 02:04 pm

1:56 pm ET.

Where's Tom Delay when you need 'em?

Who gets blamed for the House Republicans? McCain? Obama? No one?

What's the contingency plan?

What can the government do by itself?


Marc AMBINDER. He's usually the calm, collected, don't-panic person.

Dow's up a bit.
cicerone imposter
 
  3  
Reply Mon 29 Sep, 2008 12:29 pm
@sozobe,
Today's DOW so far:

http://img.photobucket.com/albums/v97/imposter222/t.png
Debra Law
 
  3  
Reply Mon 29 Sep, 2008 12:37 pm
@cicerone imposter,
The market is having a hissy fit. It will adjust. Let's spend that 700 billion of taxpayer dollars to rebuild the country from the bottom up.
0 Replies
 
Debra Law
 
  2  
Reply Mon 29 Sep, 2008 12:39 pm
It appears that Congress is grandstanding. The GOP blames Pelosi's "partisanship" and says that it intends to "go back" and rewrite the bill.
 

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