House Rejects $700 Billion Bailout Bill

The House on Monday defeated a $700 billion emergency rescue package, ignoring urgent pleas from President Bush and bipartisan congressional leaders to quickly bail out the staggering financial industry. (Sept. 29)

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News & Politics

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• meltdown
• house
• rejects
• $700
• billion
• bailout
• bill

[tompenny104]

if a bill is passed, you will see the destruction of the dollar.

[1776freedomfighter]

To hell with GW. There was nothing there for taxpayers. Let GW and his daddy pay for the mess, since they are both a part of this NWO.

How dare they ask for the taxpayers to pay for this. Are they smoking crack? Everyone in congress that voted yes on this bill are traitors. Please vote them out when their re-election comes up to vote on. Wall Street manipulates the stock market. Let them fix their own problems. Stop screwing the American taxpayer!

[carmenlee87]

Wall street has hijacked washington

[longlastting]

We should stop all bailouts; otherwise, the us economy will fall into deeper deflation.

[katey1dog]

It's easy to blame him. Yes it is, and he will be forever lauded as a failure.

he did not contribute enough troops to Iraq or Afghanistan. Of course he did, he had no intention of fighting this war the right way, this was an intentional quagmire.

Note: Bush wasn't as responsible for New Oreleans as much as people believe. He is the CHIEF EXECUTIVE. He allowed New Orleans to die, chiefly because it is no longer an oil boomtown and therefore would be expendable.

[mrburnone]

if you give them this money they will only use the same tactic over and over again. WE WILL FACE HARD TIMES REGARLDLESS. don't let them fool you into thinking 'if we don't give them these billions we will suffer' because IT WILL NEVER END UNTIL WE ARE BOUND TO DEBT FOREVER. you heard mccain...he will cut EVERYTHING except MILITARY spending. you want a job? going the army! jobs for everyone!

[tompenny104]

The market will correct itself. We are facing hard times as Americans,

but with this bailout you will compound a problem that was created by

government intervention. The market will push out the distorted prices,

punish those who made bad investments, deflate the dollar and increase the

purchasing power of the people if you allow it to correct on its own.

Then Americas economy can begin to grow again based on sound money and

sound non-inflated markets. In time the market will fully recover

[Atlas392]

It's easy to blame him, but yes...he did not contribute enough troops to Iraq or Afghanistan and now we're dealing with it many years later. It also doesn't help to strut onto an aircraft carrier 3 weeks into the war and say "MISSION ACOMPLISHED!" when obviously it is not MISSION ACCOMPLISHED.

(Note: Bush wasn't as responsible for New Oreleans as much as people believe. He is our nation's symbol, being the president, so it's easy to lay the blame at his feat. Be careful when doing that.)

[Atlas392]

We shouldn't let the market drop so that far economically either. My family can now kiss their 401Ks and pensions good-bye because of this. Can't wait to foreclose on my house and buy my very own cardboard box. Foget all the hard work we've invested our lives in.

Now that is the WAY TO LIVE!!! (*sarcasm*)

[bigdog49094]

All I know is Dow surges up 485 points today and that is good for Wall Street thank god they voted the plan down.

[TrikkerMan2]

Blow up the Government because they only care about themselves and not the American People.