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I have got a horsey

Stock Market Meltdown!

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You do not know the first thing of politics. You are blind.

133 GOP voted no.

95 Dems voted no.

Country first is not what the dems have in mind. They elected Obama for christ sake.

That is so misleading. The repulicans are the minority in the house yet cast the majority of 'no' votes. Certainly this is what put the nail in the coffin.

Hey, I'm not selling anything either, the rich get richer. However, I am just hoping that the market can survive without being baled out. If it doesn't everything I'm currently buying won't be worth the paper it's printed on.

I don't like the idea of a bail out but I also don't like the idea of a total crash...what stocks will survive? I can only hope the ones I'm currently holding.... :unsure:

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That is so misleading. The repulicans are the minority in the house yet cast the majority of 'no' votes. Certainly this is what put the nail in the coffin.

But it has been the Democrats who have said all along that this deal was pretty much in the bag. Last week they critisized McCain for going to Washington to support the deal, saying that they already had the deal agreed to.

Then after bringing the vote to the House, Pelosi gives a speech pretty much poisoning the well so to speak, and putting those "nails in the coffin."

One needs to question the Democrat's handling of this situatuion. It reeks of dirty politics as usual. But in any event for any Democrat in the House to blame the Republican makes no sense. They have enough people to pass the bill as it stands. However, logic would dicatate that the bill must be a pretty lousy one if even 1/3 of the Democrats in the house weren't going to vote for it.

How much you want to bet that most of those Democrats who did not vote for the bill probably are up for re-election this year? Which goes to my point about how this Democratic Congress has played politics all year long. Which is why the approval rating in congress is even lower than the President's approval rating right now.

Democrats playing politics as usual without any real concern for the American people or the issues before the legislature. At least the Republicans who voted against the bill did so on principal and not partisan politics. FOR HEAVEN'S SAKE THE ADMINISTRATION AND JOHH MCCAIN ARE FOR THE BILL!

This is a Democrat political mess, and once again Nancy Pelosi and Harry Reid are unable to lead to lead their party WITH A MAJORITY OF VOTES. I'm curious what you think about that? And if you think Pelosi is more of a problem right now than George Bush in your opinion?

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Del,

Lets just check the facts.

Who are the leaders in this bill.

Barney Frank

Nancy Pelosi

Chuck Schumer.

Barrack Obama.

Hmmm. Those seem to be all democrats.

Did that 20% go to ACORN in this bill, a dem. stronghold.

Who ran Freddie and Fannie?

Who is also Barrack economic adviser and helped pick his VP.

Still, Im glad this bill failed. It is a bad bill. We need it, but we don't need all those extra goodies.

whats funny, this is a bill that the dems should be cumming all over for. Its big goverment. It is a socialist tenet. Its barrack Obama whole plan.

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At least the Republicans who voted against the bill did so on principal and not partisan politics.

Bravo to them for facing down Wall Street scaremongering

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whats funny, this is a bill that the dems should be cumming all over for. Its big goverment. It is a socialist tenet. Its barrack Obama whole plan.

And George Bush stands for small government?

Edited by euro

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Bravo to them for facing down Wall Street scaremongering

We'll have to see. After they buy up all the stock they want first... of course

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Stocks plunge after bailout bill fails in House

‘Sell’ orders flow after vote; Dow has biggest one-day point drop ever

updated 1 hour, 15 minutes ago

NEW YORK - Wall Street’s worst fears came to pass Monday, when the government’s financial rescue plan failed in Congress and stocks plunged precipitously — hurtling the Dow Jones industrials down nearly 7 percent. The almost 780-point decline was the largest one-day point drop ever for the index.

msnbc.msn.com/id/3683270/?GT1=43001

Thank you, House of Representatives, nice goin'.

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But it has been the Democrats who have said all along that this deal was pretty much in the bag. Last week they critisized McCain for going to Washington to support the deal, saying that they already had the deal agreed to.

Then after bringing the vote to the House, Pelosi gives a speech pretty much poisoning the well so to speak, and putting those "nails in the coffin."

One needs to question the Democrat's handling of this situatuion. It reeks of dirty politics as usual. But in any event for any Democrat in the House to blame the Republican makes no sense. They have enough people to pass the bill as it stands. However, logic would dicatate that the bill must be a pretty lousy one if even 1/3 of the Democrats in the house weren't going to vote for it.

How much you want to bet that most of those Democrats who did not vote for the bill probably are up for re-election this year? Which goes to my point about how this Democratic Congress has played politics all year long. Which is why the approval rating in congress is even lower than the President's approval rating right now.

Democrats playing politics as usual without any real concern for the American people or the issues before the legislature. At least the Republicans who voted against the bill did so on principal and not partisan politics. FOR HEAVEN'S SAKE THE ADMINISTRATION AND JOHH MCCAIN ARE FOR THE BILL!

This is a Democrat political mess, and once again Nancy Pelosi and Harry Reid are unable to lead to lead their party WITH A MAJORITY OF VOTES. I'm curious what you think about that? And if you think Pelosi is more of a problem right now than George Bush in your opinion?

Yes, I don't think Pelosi helped the situation at ALL with her unscripted remarks, however, to rebel against the entire plan based on those remarks seem like a bit of an over reaction.

Interesting....maybe McCain was a little premature for reveling in the glory of saving the day.

McCain take credit for success BEFORE bill loses - OOPS!!

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At the rate the country is going the next President may have to deal with a depression rather than a mere recession. I'm sure that McCain's solution will be to convert the markets entirely into a war economy because that's virtually all he lives and breathes.

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95 dems voted against this bill.

133 GOP voted against this bill.

It's supposed to be a 50/50 split bill.

10 more dem votes it would've passed.

If the dems think this will save the U.S.A.. they should've supported fully.

But just like high school suicide pacts, the dems did not want to be blame for a bad bill, they written, to be pass and lose votes.

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House Republicans just torpedoed the bailout bill.......Dow went down 700 points immediately.

Way to put country first, huh?

WooHoo!!!! :thumbsup:

It's wonderful, isn't it?

Let 'em sink or swim.

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WooHoo!!!! :thumbsup:

It's wonderful, isn't it?

Let 'em sink or swim.

It won't work that way. We'll sink or swim. Stay tuned for Thursday though, everyone in congress will have made they're investments by then <_<

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It won't work that way. We'll sink or swim. Stay tuned for Thursday though, everyone in congress will have made they're investments by then <_<

So what? Everyday people would too if they were smart financially, which we aren't unfortunately because finance is never a required course for some reason...

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So what? Everyday people would too if they were smart financially, which we aren't unfortunately because finance is never a required course for some reason...

Considering what's at stake ( and I'm not a fan of that bill ) I think it would be just a wee bit manipulative for congress to take advantage of the vote. IMHO that's exactly what is happening. The bill with a few changes will pass on Thur. The thing that pisses me off is that those changes could have been in today's version. Talk about insider info

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Considering what's at stake ( and I'm not a fan of that bill ) I think it would be just a wee bit manipulative for congress to take advantage of the vote. IMHO that's exactly what is happening. The bill with a few changes will pass on Thur. The thing that pisses me off is that those changes could have been in today's version. Talk about insider info

So Congress did pass the bill intentionally to drop the DOW? Let's say that's true. Great, no people can buy cheaper stock and make money when it goes up!

Let's say it's false, they simply didn't want to come up with $700 billion from NOWHERE and "buyout the economy" essentially.

In both cases, I'd say good.

edited: I mean to say did pass etc. as opposed to didn't, my bad

Edited by wanna be drummer

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So Congress didn't pass the bill intentionally to drop the DOW? Let's say that's true. Great, no people can buy cheaper stock and make money when it goes up!

Let's say it's false, they simply didn't want to come up with $700 billion from NOWHERE and "buyout the economy" essentially.

In both cases, I'd say good.

Your opinion is noted. But they will come up with $700 billion on Thur. or at the very least the last possible moment.

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How funny that Nancy Pelosi totally spoke against the bill BEFORE the vote, then Barney Frank blames the Republicans because "their feelings got hurt", but ( according to Barney) the "real" reason was because THEY were embarrassed because THEY didn't have the votes to pass the bill...... ummm... The Democrats should be embarrassed then, because nearly 40% of the Dems voted NO. They could have passed it WITHOUT A SINGLE REPUBLICAN VOTE. They still won't take responsibility.

The Democrats are responsible for this one. They are the ones that are putting "campaign first".

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How funny that Nancy Pelosi totally spoke against the bill BEFORE the vote, then Barney Frank blames the Republicans because "their feelings got hurt", but ( according to Barney) the "real" reason was because THEY were embarrassed because THEY didn't have the votes to pass the bill...... ummm... The Democrats should be embarrassed then, because nearly 40% of the Dems voted NO. They could have passed it WITHOUT A SINGLE REPUBLICAN VOTE. They still won't take responsibility.

The Democrats are responsible for this one. They are the ones that are putting "campaign first".

If that is true then I totally agree....that really, really sux.

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Your opinion is noted. But they will come up with $700 billion on Thur. or at the very least the last possible moment.

Absolutely...the rich get richer. Wannabe...how much are you dumping into the market right now to get richer? Got any insider tips on which stock won't be dust in the wind when the dust settles? :rolleyes:

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Your opinion is noted. But they will come up with $700 billion on Thur. or at the very least the last possible moment.

No, they will borrow $700 billion and just add to the pile of debt we already have.

awesome...

Edited by wanna be drummer

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It won't work that way. We'll sink or swim. Stay tuned for Thursday though, everyone in congress will have made they're investments by then <_<

I've been a swimmer since before I could walk. Everyone will be affected to some degree, myself indirectly, but many need swim fins, masks and even duckwings to swim in. I swim sans any accoutrements.

I have nothing to lose anyway, NONE of my "investments" are with any institution, bring on the waves! :lol:

Tumult is SO EXCITING!!!!!!!!!

And if the dollar becomes worthless, it won't matter if you have $10 or $10 billion.

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No, they will borrow $700 billion and just add to the pile of debt we already have.

awesome...

Well, I never said that I liked the deal, I just meant that I wouldn't put it being voted down today to any kind of integrity. All posturing IMHO

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Absolutely...the rich get richer. Wannabe...how much are you dumping into the market right now to get richer? Got any insider tips on which stock won't be dust in the wind when the dust settles? :rolleyes:
In my tax plans, everyone would get richer. That's the genius of lower taxes for all

As far as the stock market, I'm not dumping any right now. Sort of saving for college and bills doncha know :P That's the life of a college kid at work for ya

Although...I will be giving my old boss a call to see what sort of moves he's making so I may just copy him B)

Well, I never said that I liked the deal, I just meant that I wouldn't put it being voted down today to any kind of integrity. All posturing IMHO

And I'm just saying that it's not a good idea in the long run. But I'm just some annoying teenager. :P

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