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House rejects bailout plan

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Uploaded by on Sep 29, 2008

Sep 29 - The House of Representatives rejected a $700 billion bailout plan by a vote of 228 to 205.The bill would have authorized the Treasury Department to spend up to $700 billion to purchase broken mortgage-backed assets from banks with the goal of thawing frozen capital markets.Deborah Lutterbeck reports.

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  • we need to REMOVE THE FED controled banking

    IT SUCKS, and is making the dollar worthless!

    pump gold and silver back in and FKING BARTER!(btw barter means TRADE)

  • I wrote to my representative to not pass such idiotic bill. Why should taxpayers purchase 700bil. worth of toxic assets? The shareholders and creditors must be forced to contribute to such an increadible recapitalation. To bail them out would be a case of privatizing the gains while socializing the losses. peace. This happened in mex. and some scandinavian countries and there are much better and frugal ways to solve the problem. Besides HAPPY DAYS can not go on for ever for those greedy fatcats!

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  • GO CAPITALISM!

    Too big to fail? How about too big to bail?

    Bankruptcy > Bailout

    Let freedom in market economics reign!

  • Private companies that received bail out loans from the government should all implement a salary cap of $400,000.00. In other words, they should not pay their employees anything above $400,000.00. Untill, that it is, they decide to pay the tax payers back with interest. The restructuring of their salaries will allow for more profitability on their part and more accountability on ours. 

  • This whole bail reminds me of this pic. A man putting his finger into a hole leaking water in a dam. When all around him the dam is falling apart. The man say's see look at me I'm doing something, the democrats.

  • Hello. You need new friends.

  • the companys don't need that much it is the companys wanting to give each employee their 401k also and all the insurance that was in their contract

  • wanting new friends

    I NEED SOMEONE TO TALK TO wX

  • the car company losing money because union is paying top dollar to let the workers sit on their ass & get paid to go on a 3 hour break, have other worker puch them out and japan came blew us away,why should we deal with that,do we pay for union fuck ups,this is a small element democrats/union and higher taxes,govt spending,iam sick of democrats brushing all their shit under the table and lets blam bush so we can get in the office,well good luck here come socilism 101

  • democrats are blind and like to brush all the bullshit theye caused and themn theye blame george bush, i m sick of democrats blaming what they caused like making unions dictate what car company does,nacy pelosi is doing the wrong job she should give one instead, george bush has been targeted remember democrats voted for war now they say dumb busg tricked them, they must be as dumb also , democrats cut the bullshit out face up to what you have caused i can go on an on

  • listen dumbass'es, its your fault the economy is low.. dont blame bush.. blame congress. Also thank yourself for going to collage and making 500,000+ a year, oh wait.. your probly dont.. so how about all of you shut the fuck up.

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