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View Full Version : Senate passes $700 billion rescue package

Guest
10-01-2008, 08:41 PM
The Senate has passed a $700 billion bailout for the financial industry aimed at preventing the economy from plunging into a recession. Go to www.orlandosentinel.com

http://www.orlandosentinel.com/orl-senate-rescue-vote-100108,0,7623885.story

The House plans to vote on it Friday.
Guest
10-01-2008, 09:52 PM
The House plans to vote on it Friday.

Watch them screw it up again!

Skip
Guest
10-01-2008, 10:58 PM
The Senate has passed a $700 billion bailout for the financial industry aimed at preventing the economy from plunging into a recession. Go to www.orlandosentinel.com

http://www.orlandosentinel.com/orl-senate-rescue-vote-100108,0,7623885.story

The House plans to vote on it Friday.

Thanks for posting this Zman....
Guest
10-02-2008, 07:19 AM
For those interested, a summary of the provisions of the bill - covering a LOT more than the headline $700B amendment - can be found at http://rpc.senate.gov/public/_files/L77EmergEconStabilizationActCJ.pdf

The summary makes interesting reading, especially the motorsports raceway deduction and a few other gems buried within it.

This bill is a perfect example of what happens when a simple piece of proposed legislation - originally solely dealing with mental health benefits - gets grafted with a dozen more limbs.
Guest
10-02-2008, 07:24 AM
For those interested, a summary of the provisions of the bill - covering a LOT more than the headline $700B amendment - can be found at http://rpc.senate.gov/public/_files/L77EmergEconStabilizationActCJ.pdf

The summary makes interesting reading, especially the motorsports raceway deduction and a few other gems buried within it.

This bill is a perfect example of what happens when a simple piece of proposed legislation - originally solely dealing with mental health benefits - gets grafted with a dozen more limbs.

AND I understand they will pass it to the House with things added THAT THEY WOULDNT OR COULDNT PASS IN THE LAST MONTHS....because we could not afford it !!!! But now we can ???
Guest
10-02-2008, 08:14 AM
We need term limits for these A_holes. And now we elect one of them for our Leader.
Guest
10-02-2008, 08:50 AM
We need term limits for these A_holes. And now we elect one of them for our Leader.

Just vote for whomever opposes the incumbent. It does not matter about party affiliation, policies or anything. Just "fire" them.