*wrings hands*

A swine enhanced revision that will pass. At least no $600 million for ACORN.

The NYSE looking good, so far.

Yeah, it'll pass. They weren't going to bring it to the floor unless they were sure.

was the HOPE provision in this bill anything about the acron-ites? Or is that different?

What's the score?

re: #4 Irene NYC

Yeah, it'll pass. They weren't going to bring it to the floor unless they were sure.

Unless some upstanding Republican..or a few...decided to make Pelosi look more like an idiot than she already does. Snicker.

111 Y 43 N

Cosmetically-enhanced ... what shade of lipstick on that pig?

Welp.....I wish it wouldn't pass with all the pork. I am just getting depressed with all of the negativity from the MSM, blogs, and McCain pulling out of Michigan. It's almost like another Fred! going down the drain.

re: #8 Wishing

111 Y 43 N

Oh, well. BOHICA!

somebody stop them!

Whats all this green crap on my trading screen?

It's going to pass.

So we're having shitburgers for lunch today.
/spit*

NYC Index is going up and down like crazy

re: #14 Charles

It'll pass but many will regret in the near future.

A "crap sandwich" for all.....

re: #4 Irene NYC

Yeah, it'll pass. They weren't going to bring it to the floor unless they were sure.

It'll pass?

Did someone muzzle the house's madam ... er ... I mean the madam of the House ... uh ... well ....

re: #8 Wishing

NYC INDU +255.75
NYC INDP 10746

re: #2 RTLM

A swine enhanced revision that will pass. At least no $600 million for ACORN.

Oh that is in there. Under HOPE

re: #21 galloping granny

ACORN is doing its best in Ohio to steal the elections and hand it to Hussein Obama

re: #20 winston06

NYC INDU +255.75
NYC INDP 10746

INDU +239.5

I have this feeling that they are trying to bail out the Titantic,with a tin cup.

I would vote No to this bill...

But that's just me...

Our Congressmen, who are in Congress, bailout be your game. Election come, thy will be done in courts as it is in legislation. And forgive us our mortgages, as we forgive those who charge interest against us. And lead us not into stagflation, but deliver us from payback. For thine is the folly, and the power, and glory, for endless re-election. Amen.

So the House bill had some pork, which made congresscritters jittery enough to NOT pass it. It goes to the Senate, wherein the bill gets loaded up with pork and pork bi-products up the wazzoo and now everyone can't run fast enough to sign the damn thing.

With all that pork, you get a pig-in-the-poke. I'm sitting here feeling seriously duped and screwed.

re: #22 winston06

ACORN is doing its best in Ohio to steal the elections and hand it to Hussein Obama

ACORN is doing its best all over the country to steal the elections.

It's done.

Barring any last minute vote switches - looks like its going to pass.

235 Y, 153 N, 53 Not Voted yet...... 235 is more than enough to pass

re: #24 Oldasdirt

I have this feeling that they are trying to bail out the Titantic,with a tin cup.

Yup. This is going to lead to an even bigger crash down the road a piece - and I suspect not all that far down the road.

I guess now I can get my new government funded mortgage! WooHooo

/s

Free markets be damned...

re: #29 Charles

It's done.

That sounds just like a jail door slamming to.

So, once again the will of the people is thrown out the window in the face of political expediency...

It is official... passed overwhelmingly. NYC Index is not changed a bit

re: #25 tfc3rid

I would vote No to this bill...

But that's just me...

My R Congressman voted Yes on Monday and again on today. This would be a very difficult vote.

This is a bad bill. It's based on swags in terms of the money needed and it fails to effectively fix the root causes of the problem. But, the cost of not doing something or voting this down is as high or higher than the cost of approving a less than perfect bill. I think it comes down to the lessor of two evils.

re: #28 galloping granny

too much freedom is bad, I guess.

what a joke
buy gold, start shorting the phonebook

I feel like I just got kicked out of school. Or was fired from my job.

NYC INDU is falling like a rock. It is down to 171

now 165

back to 188

re: #43 Athos

it was 300 before the vote but now it is 189

364-0
damn

Congress needs to be fixed. But this proves that you can't fix stupid.

re: #44 winston06

new level of dropping starting +77

anybody got a roll call?

re: #30 Athos
Hey my friend! Do you have any kind of breakdown of who voted yes and who voted no?

Looks like it will be a bumpy ride on the Street - seems the result of the bill that only slaps a bandage on the problem but doesn't correct the underlying causes of the problems.

re: #48 eschew_obfuscation
LOL! GMTA!

re: #51 realwest

LOL! GMTA!

Indeed!

[self-deleted]

This country was just fundamentally changed forever.

re: #48 eschew_obfuscation

anybody got a roll call?

Well I know Ron Paul voted No. Came home for lunch, walked in the door, turned on the TV and flipped to C-SPAN. First thing I heard was "I yield two minutes to the gentleman from Texas" and Holy Fright it was Ron Paul. The Good Doctor didn't sound nutty at all - in fact what he said made a hell of alot of sense.

Thought that i was feverish or something there for awhile. Too bad the House didn't dig what he had to say.

Welcome to the banking business, Lizards.

re: #49 realwest

Hey my friend! Do you have any kind of breakdown of who voted yes and who voted no?

I don't have / can't find a full list yet. Should be shortly though. Michelle Malkin's home page has a list of those who switched their votes today from the position they took Monday.

Hit two comes up if Obama wins.

It actually look like Nancy Pelosi is in pain when she smiles.

What the...? Why isn't the stock market shooting skyward?

re: #58 Walter L. Newton

Hit two comes up if Obama wins.

G-d help us

263 Y-171 N

Can lawhawk or someone please give us a breakdown of WHY and HOW this was unconstitutional and the ramifications thereof?

re: #57 Athos

I don't have / can't find a full list yet. Should be shortly though.

Congress has failed. Completely. A Congressman says, 'this is the worst I have seen in my career'. I wonder, what has he been doing during that career. This bail for the economy is the SUM TOTAL of Congress's career actions. This is what they have done for us.

Goodbye Congressman. Goodbye Senator. Don't come home, you're a disgrace.

Vote Libertarian

re: #57 Athos

I don't have / can't find a full list yet. Should be shortly though.

Here's an excellent anti-bailout video given by Ohio's Rep. Kaptur:

LET'S PLAY WALL-STREET BAILOUT. THE RULES ARE........
.

Bastards.

They are already saying that "The One" is why they switched their vote

Is it time for americans to welcome their new socialist overloards?

With banks reassured that they can take maximum risk and get bailed out you can look forward to another similar crash in next decade.
Well, and if big system of govermental monitoring and risk control is erected - also to news about this system's growing corruption and utter collapse just before the crash.

If they didn't strip the carbon tax out of it, I will be very drunk later tonight!

re: #66 Walter L. Newton

That's one of the biggest problems about this bill - for all of those who played by the rules, followed the rules, and might need some assistance because of circumstances that the monkeying around with the free market caused - are out of luck.

My business is down over 50% from last year. For the first time in years, I've had to cut off and take collections / legal actions on client company's for non-payment of their bills. My home's value has dropped 30% from the peak - and selling is difficult because of a shortage of mortgage money and the fact that there are a couple of dozen foreclosures on the market place grabbing bargain hunters. Our position isn't unique - but we've followed the rules and are now paying a price for doing so. That's what's wrong with this.

Question: Does Article I, Section 7 apply?
"All Bills for raising Revenue shall originate in the House of Representatives;"

Snoopy is dancing on top of his doghouse... the Barney & Nan Show says so.

Well... at least there aren't in tax hikes re: tea. Then the public would really be ticked off.

Socialism......

Nuff said.

Guess I might as well go into default on my mortgage now. I'm 24 now, worked my a** off so I could buy a house at 23 and this is how I get rewarded.

Act irresponsibly, get a bailout.
Work hard and do the right thing, no one cares.

Obamas ahead in the polls, and we're just to get another $700 billion hole in our national pocket...remind myself tonight for shopping list: ramen noodles and canned goods. LOTS AND LOTS of ramen and canned goods.

Just as an aside, now that the Feds are going to take over a lot of these mortgages, will that now mean the owners can't pray in their homes anymore? You know, that church and state thingy? Will they have to adopt ethnically challenged children? You know, multiculturalism and affirmative action? Will they still be able to smoke in the living room? Or their garage? Heck, even in the yard? After all, when the Feds come to town, nothing is more important than public health and safety. Speaking of safety, can you have guns on federal property? Assuming you're not a Fed, of course. Oh, the bureaucrats faces must be lit up with big, big smiles, as these and many other questions must be regulated, I mean exploited, I'm sorry, I mean pondered, in the pursuance of buying a house in the new and improved lending process

Just to cheer you up a little bit more, I believe Obama said when he becomes President, this bailout business will just be the first step, so you got that to look forward to as well

Well, at least your 401Ks will be safe...for now. At least the mortgage industry have been taken over, I mean saved...for now. After all, when the American economy doesn't collapse immediately after the passage of this bill, we can safely assume it would have if the bill hadn't passed. How will we know this? Because the politicians and media folks have told us so. And if you can't believe the politicians/media folks, then who can you trust? And when the same exact thing happens ten or twenty years down the line, what's another couple of trillion dollars in debt?

One final thing as we enter this Brave New World: please, PLEASE do not be cynical, especially concerning the motives of our public officials. That they leave office many times wealthier than when they arrive has never been PROVEN to be linked to the vast amounts of money they appropriate from us...after all, it's for OUR benefit. Once again, we know this because they tell us so. To even think differently could, and rightfully should be construed as treason by Obamas proposed just-as-powerful-as-the-military civilian force that will finally protect us from ourselves

So congratulations America...we've EARNED this

One shitburger, all the way, with flies. That'll be 700 billion dollars, sir.

ARGH! What is this going to accomplish other than rewarding incompetence!?! I sure hope Uncle Sam bails me out if i make poor stock market decisions in the future.... >:(

As long as you're going to reward incompetence, you might as well just pay down the mortgages of the fools who got loans they couldn't afford (and of course the few who really were misled despite good judgement). At least then we'd be giving away our children's money to people who could actually use it.

When the world failed to end on Tuesday I had hoped that people would come to their senses a bit. But there's no end to what enough lard can do, I guess.

When the first bailout bill went before the House, I was worried that the welfare-like provisions of the federal housing code--the part that required banks to offer mortgages to people who didn't have a good credit history or enough income--was being left in place.

Now the Senate bill establishes a federal housing authority to control mortgage rates, terms and amounts.

We're essentially socializing the housing market.

Rejoice for mother Russia America, comrades!

Did this bill originate in the Senate?

Is that Constitutional?

Welcome to the United Socialist States of America. USSA.

Now on to Free Health Car and a Chicken in every rusted Pot.

We're Fucked.

Welcome to socialism folks.

The gd commies are right, aren't they. They say our system is controlled by the big money.

What does $800 billion in Pork look like on
the BAR-BE-Q?

Dumbocrats don't care about looks.

Empty suits

Empty heads

No experience

To much phony caring.

Robo nazi like dumbocrats with grand wizard Nancy Pelosi
don't need frank [in stein] Delano Raines now.

WE conservatives need a revolution.

The beatles are finely timely.

We are so screwed. This $1T is the first down payment on the racial reparation racket to come when the One is in the WH.

this is truly a sad day for our country.

every bastard in the Congress that has voted for this bill should be run out of town on a rail.

Crooks and liars... the whole lousy bunch of 'em.

anybody want to start the "Hang Them All" Party? Our platform would be very simple...merely gallows and trapdoors

I for one am glad we got this. Now my husband can get his school loan. Stupid banks weren't loaning money so he could go to school. Now we may be able to get an education for him and he can make more than crap pay!

I am a guy who has spent a lot of time in the credit market. I understand intimately what is going on. The question is, will this bill cure the problems in the credit market?

The answer is not exactly. You have to really understand the interbank credit market to understand if it will work. There are a lot of moving parts, and you would have to analyze them one at a time-then try to put them together at a macro level to guess.

My best estimate is that the free market will take care of the problem. Paulson and the government are essentially bailing out Wall Street's balance sheets. The government will control assets that a lot of folks deem undervalued-but if they are undervalued you would think some private entity would make a bid for them. The problem is that these things are pretty risky, and they will also take a lot of time to work through. Hedge funds and other types of funds are not designed to take years to see a trade pay off. The risk/reward on these things is pretty high.

What the heck? I read that your senate or something rejected this bill. Was it changed and then passed?

re: #93 sarah

Oh bully for you. Vote for Obama, he'll give your old man FREE college and a cool grand to boot.

/sarc

re: #95 Nemesis6

The House rejected it a week ago. The bill was reworked (loaded down with pork) and re-voted on in the Senate and then the House.

"Remember in November" is the new slogan. Clean house...if they are an incumbent, no matter how they voted, vote them out. They all need to go. Let's see 300 or better congressmen get thrown out and all 30 something Senators up for re-election thrown out. How dare they betray their people and their country.

I figure the fat cats will be pulling their money out of the market come Monday. I know I will be pulling mine out before it becomes worthless thanks to congress.

May this congress rot in hell. God help our Republic.

As for McCain, screw him. He betrayed us again by voting for this socialist bill. This election I'm writing in Governor Palin as my choice for President.

re: #99 Random63

Man, that's a terriffic idea. I'd much rather have her in office than McCain. Unfortunately, I'd love to do the same, but I don't think that it would help keep The One out of office.

re: #100 izbliss

Man, that's a terriffic idea. I'd much rather have her in office than McCain. Unfortunately, I'd love to do the same, but I don't think that it would help keep The One out of office.

What do we have to lose? McCain or Obama are not the right ones to be President. Governor Palin is the right person, so let's write her in as our choice for President. McCain, Obama, and Congress have voted their contempt for America. Now let America vote for the right person to be President...Write in Governor Sarah Palin as our choice for President.

Spread the word.

Vote for McCain. And hope she must succeed him for non-fatal medical reasons.

And then fear: Nancy Pelosi would then be a heartbeat away from the presidency.

No, Governor Palin would pick her own Vice-President and shove Pelosi back to third.

Write in Governor Sarah Palin as our choice for President.