if one more person says

[barbtries]

we can sort out the blame after we get this done today, i think i will have a stroke. it FUCKING matters to me that i'm being robbed blind by a bunch of rich fucks. i am so sick of this government.

why wasn't impeachment on the table? why were they allowed to go hog wild for EIGHT years running the country into the ground? why were they allowed to steal two elections and throw wars without reason and goodgawd i could on for days all the ills. all the crimes the wrongs. it MATTERS. and i absolutely hate the way one senator after another - particularly the republicans - feels the need to say that today is not the day to point fingers. maybe if there had been consequences at any point along the way this wouldn't have happened at all. when IS the time?

i am really sick of this government.

http://cspan.org/Watch/C-SPAN2_rm.aspx

[chimpymustgo]

1. I think you're catching on...

[grannie4peace]

2. they trying to be non-partisan i guess

[Raven]

3. We can sort out the blame later, after we get this done....

hello? are you ok? :-)

[SammyWinstonJack]

46. We are not okay! And this government makes me wish I weren't an American!

Sorting out the blame later after we get things "done" never works, certainly it hasn't worked these past eight years! Iraq anyone? :argh:

[ContinentalOp]

54. Yeah, after we give a trillion dollars away to foreign banks, no-strings-attached..

we can look back and figure out who's fault that was. :crazy: :mad:

[slipslidingaway]

4. Agree, Obama up now n/t

[barbtries]

5. i'm literally afraid to listen - aargh!

there he went! "plenty of blame to go around"

oh my gawd.

[slipslidingaway]

7. Here we go :(( n/t

[slipslidingaway]

8. Why not another plan instead of accepting the Paulson plan n/t

[barbtries]

9. i'm trying to read the latest plan

which is now over 400 pages. on pages 15-16 i notice that the board to be created for the purposes of oversight over the secretary's actions includes the secretary as a member, and has only FIVE members, including paulson. this is a fucking setup. they haven't changed the part that i find most in need of change:

one person should never have that much control

he has a conflict of interest with goldman sachs

he has failed as treasury of secretary bringing us to this precipice and should be prevented from having any more to do with it, in fact he should be resigning in shame and a coalition of respected economists should take over.

he's a liar, and I'M sick of liars!

when barbtries gets sick of liars that means it's a bad program :silly:

[slipslidingaway]

19. Paulson who said the crisis had been contained woke up one

day to realize there was a problem, he's a great person to bring forward a proposal and then be part of the oversight committee.

[barbtries]

39. i don't even trust him from the get

and i'm supposed to trust him to look over his own shoulder? is that a joke or what?

[Greyhound]

30. Also notice that the entire board comes from the executive and the Fed.

"It would be a lot easier to be a dictator, as long as I'm the dictator" - _Shrub

So, apparently the Senate is happy to be the appendix of the Federal Government (serves no known purpose and can be easily done away with, with no consequences).

[EFerrari]

6. Agreed. Hey, Senate! You haven't sorted out the Patriot Act

or the Iraq "War" yet. We should trust you, why?

[slipslidingaway]

21. They sorted out the FISA bill :( n/t

[EFerrari]

24. Yeah -- even though there is still an ongoing criminal investigation

about just how that was authorized. :grr:

[slipslidingaway]

25. Ths financial crisis will also push to the back burner any

discussion of BushCo's crimes.

[CreekDog]

10. The OP is now in the ER thanks to Raven

:eyes:























:rofl:

[TahitiNut]

11. Have you noticed that NOWHERE is the distinction between 'residential' and 'commercial' property ...

... or the distinction between domestic property or foreign property in the underlying mortgages made either a matter for tracking or attributed to the 'crisis'??? Nowhere.

No matter how often I hear the blather about "home-flippers" or "deadbeat homeowners" there hasn't been ANY reputable characterization of the toxic MBS's or ANY limits or distinctions made in the legislation.

[slipslidingaway]

27. Yes, I've noticed! n/t

[leftofcool]

12. Why wasn't impeachment on the table? Ask Nancy

[barbtries]

13. yeah

it was rhetorical. i know there's no good reason.

[barbtries]

14. Bernie Sanders speaking now

and making a hell of a lot of sense.

[slipslidingaway]

16. had to leave during O and came back to hear Sanders talking

about Paulson's conflicts and making the too be too fail even bigger, I so agree with those points.

[barbtries]

17. me too

this is unacceptable. that's my opinion.

[depakid]

15. Blinded by hatred

and willing to destroy millions of peoples livlihoods to satiate it.

[barbtries]

18. get over yourself

and your doom and gloom. i have no power to "destroy millions of peoples livlihoods" and i am not blinded by hatred, i am blinded by rage. this is my opinion, and i am entitled to it. i do not accept your fearmongering. the fucking world is NOT ending today!

[depakid]

20. Hey, I hate 'em too

and want them held acountable, and reforms put in place. But I also trust the people who've tolds us quite rationationally how serious this is- and what they likely consequences are of failing to stabilize the credit markets NOW.

People like Barack Obama for example.

[barbtries]

22. again, it is your right

i believe it can be done in a wiser more equitable manner. i'm listening to bernie sanders, i've listened to dennis kucinich and many many others. it just sounded as if you actually thought because i am opposed to this bill, i'm willing to let the world go to hell. not so.

[RainDog]

31. psssst

I've put about half a dozen people on ignore since Monday and would recommend it because some here will misrepresent you and your positions over and over and then smugly claim they know the outcome of this situation and you are 1. irrational, 2. angry, 3. do not think there is a crisis, 4. hope others are destroyed.

Since I do not fit any of those categories, I have found that it's best to ignore them because they are talking about of their asses.

ymmv

[barbtries]

38. thanks raindog

i just came here from a post in which the OP said she will not vote for obama because he's in support of this bill. i don't agree with that position. but the responses, ooh, they were brutal. wow.

i think you gave me good advice. i think i have only one person on ignore from a long time ago like during the primaries, but you're right. i bet you get more useful reading done as well.

[magellan]

23. They're patting us on our heads again

It's only the umpteenth time in history.

"There, there...we'll see to that later. Right now we have bigger fish to fry. You should support what we're doing because it's important."

They see the people of this country as occasionally useful dolts, nothing more.

[barbtries]

26. i agree.

they threw a war to get themselves and their buddies obscenely rich. they don't care how many innocents have been killed or left homeless, how many soldiers have died, been maimed, or simply ruined in their war. they don't care about the people.

they let an entire city drown for close to a week and since then have left the area to blight, housed victims in formaldehyde, razed housing that wasn't destroyed in the hurricane preventing people by the hundreds of thousands from being able to return to their homes. they don't care about the people.

they lied about the air quality in manhattan after 911 and said it was safe and we should go shopping. they don't care about the people.

i know there must be many many more examples. but this is a bushie BS job and it is not being done for the good of the people. they don't care about the people.

my stores of trust in these people are gone, gone, gone. gone.

[bvar22]

57. Don't worry, little girl....

....I'll marry you if you get pregnant.

[slipslidingaway]

28. Schumer up...praising Obama and supporting bill. Who could

have ever thought that the lowly mortgage would bring our system to it's knees.

[slipslidingaway]

29. You cannot get a car loan with a lower credit rating, people will

lose their jobs.

Maybe consumer debt is too high!!!

[Hydra]

33. It's not a lowly mortgage

It's a systemic problem build on the idea of debt.

"We don't have enough money!"
"Borrow more!"

Who though that made sense when it was first spoken? Oh, wait, I seem to recall this movie before. Gilded age- company store overcharges for products and offers "credit." I think that's called debt slavery.

[slipslidingaway]

40. Exactly , but we do not hear that from any of our politicians...

and we should.

Also for anyone to say that this just crept up on us and that they did not know, should be out of a job.

Obviously the Bush administration was ready with a plan, our party should have been working on their own plan instead of dressing up the Paulson plan.

[slipslidingaway]

32. This package is better than doing nothing n/t

[Hydra]

34. Let's dump that $700 billion down a well instead!

Then, we could say we did something, and accomplish just as much if not more! At least Bush's cronies wouldn't get it that way.

[slipslidingaway]

41. Well this has the kids in my area talking about all the debt

Congress is placing at their feet, times will be tough with or without this plan.

I just do not like the idea that this is the only plan being discussed.

[barbtries]

50. i could see this going into next week

by then it will be 3000 pages and henry paulson will still be holding out for absolute power and claiming that the sky is falling.

[slipslidingaway]

52. Well it gets better the longer it is :)) n/t

[frankly_fedup2]

43. Well, they've already bought out Fannie Mae and Freddie Mac as well

as several of the banks so what do they really need the $700 billion for? Where is it going? Anybody?

[slipslidingaway]

44. Specifically I cannot say, other than assets for which there is

currently not a buyer.

[frankly_fedup2]

45. Something just ain't right about this so-called "bailout". Of course,

It's the peoples fault while the CEO's run out with their millions while others lose their jobs and retirement. Just like Enron. I thought Bush and his Republicants passed legislation so this could never happen again.

[slipslidingaway]

47. Agree...something is just not right. Cantwell voting no, talking

about credit default swaps, WM and JPM's expected gain.

Good for her.

[barbtries]

53. if i had to guess

i'd say CEO's and other assorted bushbuds.

[taterguy]

35. We can sort out the blame after we get this done today

Enjoy your stroke drama queen

Hope you have good health insurance.

[bbgrunt]

36. the whole deal stinks and may very well make the problem worse. get over yurself.

[taterguy]

37. Don't have a cow

Damnit I meant stroke

Sorry

[slipslidingaway]

42. Sorely missing is a discussion of how this will affect the dollar

and interest rates in the future.

[ContinentalOp]

55. Yeah, after we've already given billions away and the money is all gone and safely overseas...

in the pockets of the bankers who got us into this mess, we can look back with nostalgia and reflect on who to blame.

[slipslidingaway]

48. Cantwell had an amendment that they would not consider, she

is voting no and did not sound happy to me.

She spoke of JPM getting the WM assets at extremely low prices and then boasting in a conference call about how they expect to have a large rate of return next year.

[barbtries]

49. is she the one who just said

"so much for transparency in the senate"?

[slipslidingaway]

51. Yes!! n/t

[hfojvt]

56. are you being robbed blind?

Did you pay $200 billion in taxes last year? Or $200,000? How much of the $700 billion do you expect to pay?

[bukowskiforever]

58. I'm mainly afraid of inflation

I don't own a house or car or credit cards, so that isn't gonna affect me personally. However, if we have to print more money, the dollar becomes even more worthless than it is now and inflation goes up. That affects me. It's really scary that low-income folks are as affected by inflation as those in the middle and upper classes!