Bailout Bill Fails House Vote

[kafromTN]

Is anyone distubed how this "emergency bailout bill" keeps having other b.s. added to it?

http://www.politico.com/news/stories/1008/14161.html

[AGDee]

Yep, I am. Let's throw everything but the kitchen sink into the bill. I didn't look at your link, but I heard on CBS radio tonight that the original bill from Bernanke was 2 pages, the one the House voted down was 110 and the one the Senate was voting on tonight was something like 445! Sheesh!

[Kevin]

Originally Posted by AGDee

Yep, I am. Let's throw everything but the kitchen sink into the bill. I didn't look at your link, but I heard on CBS radio tonight that the original bill from Bernanke was 2 pages, the one the House voted down was 110 and the one the Senate was voting on tonight was something like 445! Sheesh!

There are two things you should never see being made:

1) Sausage; and
2) Legislation.

I'm sure both processes are completely terrifying.

[kafromTN]

So it's now law and there is so much b.s. in it I'm disgusted. I thought this was supposed to be a bailout bill not a I'll scratch your back if you scratch mine, everyone's going to get some, like's become socialists kind of bill.

I will vote against anyone who voted for this bill and vote for anyone who opposed it simply on principle. There was too much obvious pork added to it to get votes. Plus the market should correct itself. the bill was passed and stocks still went down?!?

I'm also inclined to let Wells Fargo buy Wachovia, even though there was already a deal made with Citigroup, simply b/c it doesn't involve the government paying anything for it.


I'm getting off my soapbox now.
Go Notre Dame!