CNN

does anyone else think bush always has the look of a deer in the headlights? there really isn't a whole lot going on up there is there? i think if you stop and listen you might hear the voices in his head " screw the little guys"!!!!

When it comes to 700 Billion dollars, it would be far better to spend a month to get it right than a 2 day rush job. Why is the Bush admin against accountability where this money is going? Could it be because his rich buddies that should be in prison are looking to leech more of our tax dollars off this crisis?

Bush never cared about the economy for over 7 years why does he all of a sudden care now?

Let's not cave in to Bush's hissy fits and tantrums. Let's remember he did this with Iraq and acted like if we don't do something this second Saddam was going to launch a terrorist attack in a matter of days.

If Bush can't wait and sign in a responsible bill, then he and Cheney should be asked to step down.

bk,
Clinton signed the bill that Graham and the Republican House and Senate wrote. Blame enough to go around. Enough half truth from both sides.

THIS FOLKS IS THE BUSH GOLDEN PARACHUTE.

The last Congress listened to President Bush and acted swiftly, based on his recommendations we ended up with thousands dead, an unpopular war, billions spent and a Republican Party that tries to distance themselves from him in great numbers. Fool me once shame on you. Fool me twice shame on me. Lets hope we don't have to cry shame on tne entire Congress.

President Bush has a lot of nerve to even make one statement about this bailout. What he should be doing is apologizing to the American people for the mess he has made of our country. Please fellow citizens, don't fall for their tactics this time. Please do not elect John McCain. The whole world will laugh at us and wonder how the American people can be so stupid.

Dear Wall St,

"I'll SLIP THIS ONE THROUGH boys! It'll be my parting gift for the last 8 years!

Thanks
George

They can find money to bail out corporations but not help our schools, feed the hungry and care for the elderly....

Maybe it's because the schools don't make money for the republicans.

With another republican we are headed for The Great Depression II.

He'll bail it out alright. And if you aren't in the richest tax bracket, guess who is paying the bill America? That's right. The middle clasee and poverty level. This is a bad idea unless they plan on making the richest tax bracket people and ol GW himself foot the bill!!!

Say NO to corporate socialism. Say no to corporate bailouts. The only ones that should be bailed out should be the guy on mainstreet who is screwed by greedy corporations.

Should there not be some blame put on those buying these homes, who knew that they would not be able to afford them? Granted there are unforseen circumstances that can happen. But are all these people "victims"? McCain always seems so quick to want to place blame on one person or one thing. Sorry, this problem was long time coming and the blame should be placed on many people!

Yet another idiotic idea brought to you by...

THE REPUBLICANS!

These are the same idiots that borrowed money to "give away" as stimulus checks.

AS USUAL..........GEORGE W. LOOKS CLUE-LESS IN THIS PICTURE.
WHAT A SPAZ.

The truth about who got how much money from Fany and Freidy:
The New York Times has published a separate list looking at contributions from "directors, officers, and lobbyists for Fannie Mae and Freddie Mac" for the 2008 campaign cycle. That list — using figures from the Federal Election Commission — shows McCain receiving $169,000, while Obama received only $16,000.

"And the great owners, who must lose their land in an upheaval, the great owners with access to history, with eyes to read history and to know the great fact: when property accumulates in too few hands it is taken away. And that companion fact: when a majority of the people are hungry and cold they will take by force what they need. And the little screaming fact that sounds through all history: repression works only to strengthen and knit the repressed."
- John Steinbeck, The Grapes of Wrath, Chapter 19

Fact – 2003 Bush proposed a new agency to have oversight of Fannie and Freddie:

"The new agency would have the authority, which now rests with Congress, to set one of the two capital-reserve requirements for the companies. It would exercise authority over any new lines of business. And it would determine whether the two are adequately managing the risks of their ballooning portfolios.

The plan is an acknowledgment by the administration that oversight of Fannie Mae and Freddie Mac — which together have issued more than $1.5 trillion in outstanding debt — is broken. A report by outside investigators in July (2003) concluded that Freddie Mac manipulated its accounting to mislead investors, and critics have said Fannie Mae does not adequately hedge against rising interest rates."

Fact – John McCain co-sponsored a bill in 2005 to reform Fannie and Freddie

"I join as a cosponsor of the Federal Housing Enterprise Regulatory Reform Act of 2005, S. 190, to underscore my support for quick p@ssage of GSE regulatory reform legislation. If Congress does not act, American taxpayers will continue to be exposed to the enormous risk that Fannie Mae and Freddie Mac pose to the housing market, the overall financial system, and the economy as a whole."

Fact – Obama voted AGAINST the reform in 2005.

Fact – Only Chris Dodd (Democratic chairman of the Senate Banking Committee) has received more money than Obama from lobbyists for Fannie and Freddie.

INVESTIGATE!

to No McSame
If Bush steps down, we'd have to deal with Chenney for the next four months and God knows what messes he could further create.

Congress PLEASE take your time on this. We don't need to hand the greedy, corrupt folks on Wall St. nearly 1 TRILLION dollars with NO oversight.

Oh, and since when did conservatives become so excited about a "social net". Seems that when it's their cronies it's ok to bail them out but not ok to help the American people...

I want to know what was said behind closed doors to make Leaders who where against this Bail Out, change their minds and be for it!

The only hint I have is that they all spoke about how this is better then a true depression!

I'm truly frightned and the lack of real information is making my fears worse!

I know the do nothing congress is to blame and I will not be voting for their puppet, imagine what they would do if they had full power!

IMPEACH
IMPEACH
IMPEACH

now.

Dear Congress,
PLEASE PLEASE PLEASE don't let our bafoon Prez. have anything to do with this. We don't need him F'n more things up for the people of this country. He's done enough already!

Obama/Biden '08

Boy, look at that picture of our fearless leader ("Bring 'em on!"). He looks scared poopless. Nice big mess his administration got us into. He should be held personally responsible for this mess.

Set aside for those few voters who still think this President has done a "good" job, is anybody in doubt that anything touched by George W. BUSH, turned out to be an UNFETTERED DISASTER?

Oh hell yeah!!! Let's get this done quick. ONE TRILLION dollars!!
It is only ONE TRILLION dollars, lets's get it done quick. While we're at it why don't we give another 100 Billion to Iraq, chump change.
You got people on this blog still blaming Dems for this piss poor administrations failings. CEO's receiving millions for running companies into the ground. Let's get it done quick. And repubs want to put another moron or two in office Christ what a racket.

This is just TOO LITTLE TOO LATE. Bush Administration was trying to hold this back untill after Nov 08 so the voters would not see how big a mess they creeated.

Now little Johnie has to try to cover up all the VIDEO with him saying that everyting is OK and we need to do away with BIG GOVERNMENT REGULATION. After all don't want anyone to see how the FAT CATS are getting FATTER while the average working family can't afford to pay for GAS.

No brains. No leadership. GW Bush was a huge mistake that may take many generations for our country to recover. It appears that McCain will steer our country down the same destructive path.

Send back the tax rebate check George Bush sent you.

He believes in free market economy until lack of oversight causes chaos. Then he believes in socialized systems.

Just look at that clueless, disgusting nitwit!

President Bush has trotted out twice during 'crises' in order to grab as much power for the Executive Branch as he possibly could. This has given us legislation that has taken liberty and due process away from US citizens (Patriot Act and the Department of Homeland Security) pushing us ever closer to the police state the right wing radicals wish to impose on us.

Now the President wants to not only bail out failed corporations and push the burden onto, yet again, the American taxpayer, but he also wants to take unprecedented power in doing so, giving the Treasury complete carte blance without any type of oversight or governing law.

This would be foolish and dangerous to the extreme. The Congress are rightfully challenging, finally, this idiot President and the Powers Corrupt controlling him.

How come this is all happening one month away from election–it all looks suspect– suddenly Paulson needs all this money–he should be fired–replaced because he has been asleep at the wheel–McCain and his party wanted deregulation for 8 years and now they are going to use trillions of taxpayers monies to bail out wall St and banks–and the outcome isnt even clear–what is clear is that we need some honesty in our government fast and there is only one choice barack/joe or we are all going to be in the poor house and our country will be lost. Obama/Biden Bernanke should be ousted as well–A lot of people getting rich at the common mans expense -so sad!!!!!!!

Flash back to Iraq..be very careful what u sign and make sure that careful consideration is given to not only the measures in the bill but also the potential fall out.

GWB has done a better job of bringing America to it's Knees than any other terrorist past, present or potentially future.

Obama knows nothing about the economy and foreign policy. You have been bamboozled by the teleprompter king. Pay attention every time he goes on his own words he loses points in the polls. He has no experience.

Dear Pat,

President Bush inhertied governmental agencies that had responsibilty for many things, and it has been the aim of this administration to ensure that they were blocked and prevented from regulating anything at every turn and stop. Deregulation of the banking industry, of morgage companies, ensuring that individuals lost they rights in dealing with these industries.

The melt down is a result of poor economic policy and oversight, by this administration. Look, they have had 8 years, to get us to where we are, how long are we going to permit die hards to proclaim they did not do it. Truman said it when he stated that the buck stops here, well, this administration the buck stops in every other administration but here, enough is enough.

More of the same from John McShame

John McLame says, “I don’t know much about the economy, I still need to be educated�

“It would be acceptable if we had to stay in Iraq for another 100 years.�

We need to “bomb, bomb, and bomb Iran�

“I have voted with Bush 90% of the time because he has been right 90% of the time�

Sarah Failin says,
“I have foreign policy experience because you can see Russia from Alaska and I went to Mexico on vacation once.�

“I welcome any investigation into my past because I have nothing to hide, oh never mind I will not meet with any investigators for any reason ever.�

She believes the Bush Doctrine is a “World View� hahaha

She says she said “No Thanks� for the Bridge to nowhere when she was actually the one who got it approved

She says we may have to go to war WITH RUSSIA

She decreased her own responsibilities when she was the mayor of a town small enough to be run by a fifth grader

He doesnt have a clue,and hasnt been in charge of anything since he took office.

Dosen't anyone read. It was Pelosi who begged President Bush to do something.

Guess she didn't know what to do.

McCain/Palin 08

I personally think the democrats are taking the right response with this. Many taxpayers are angry that the CEO's of these corporations getting this money are making mulit-million dollar contracts and yet they ran the company into bankruptcy. If they want me to agree to using tax payer dollars they get in line with the American Public.

There is nothing wrong with limiting the salaries to theCEO's of the companies that would be using taxpayer dollars...if they don't want it then don't ask us for money to fix the job you did.

The President and Congress let these greedy hogs have their way with the financial system of our country and now we taxpayers are supposed to be thrilled about handing Wall Street AT LEAST $700 BILLION without question. You can bet your next paycheck that this mess is going to cost taxpayers a WHOLE lot more than claimed – it always has.

Congress needs to take a real close look at this bailout before authorizing the shellout of this kind of money and maybe, for once, do something in the best interests of taxpayers like putting some real oversight over where the money goes. And I'm not sure that giving one person all the oversight authority is the way to go.

Hurry up is what it sounds like he's saying to me. Maybe he wants congress to hurry up, sign off, and not ask questions like he did for the "Iraqi freedom" war....hmmmmmm. Fool me once...shame on...well you get my drift.

for information go to:

McCain supported a proposal for an agency to oversee Freddie and Fannie in 2005

McCain/Palin

Bill Clinton deregulated the financial institution's in 1999.

So now we're paying for the fiasco the Republicans got us in for the last 8 years... and they want it fast... Don't think about it, just sign on the dotted line. This is so familiar to being screwed by a con-man.

I can't blame the House and Congress for saying; wait a minute, may I read this first!?

Well,

I guess we are socialists now!!! The banks had to be taken over by WHO! THE REPUBLICANS.

A $700 Billion dollar bailout for the crooked greedy exec.s on Wall Street is not only rediculous, it will probably Bankrupt this country. We should put these crooked executive theives in prision for Fraud instead of the Govenment looking to Rob the people who has to pay for it...the American working man.

At the very least, HOLD OFF THIS BAILOUT DRASTIC ACTION UNTIL THE NEXT PRESIDENT CAN DECIDE ON THE CORRECT COURSE OF ACTION.

It takes a lot of work to run the greatest and most powerful Nation into the ground in just 8 years.

He is tired and needs to retire to the ranch. But first, let me fleece taxpayers just ONE more time.

If the problem is making sure there's available credit, then make loans. Don't buy up all the bad loans made by foolish or craven people so that they can make more loans.

I mean, jeez, doesn't anyone have any sense any more?

You rethuglicans are truly disgusting. You can't really defend mccain cause you know he was against regulation which is why we are in this mess and he has consistently lied and you can't really argue with factcheck.org so instead you attack Obama about nonsense like Rezko (which he was found not to have done any wrongdoing), or just say he is an empty suit, (Yeah a Constitutional Law Professor who served 8 yrs in the State Senate and 4 yrs as US Senator and served on the Foreign Intelligence Committe) is really an 'empty suit' (puleeease) or you say he is a socialist which is funny because no one could be more socialist than this current administration who has bailed out all the rich corporations or Obama will break this country, haha, that is hilarious considering NO ONE could put us more in debt than we are now. You guys are fools and can't handle the truth so you find something petty and then attack Obama with it. Grow up, get in touch with your inner selves and maybe one day you can look yourself in the mirror without puking.

Lets tell the truth, who want be glad to say Good bye to George W. Bush and the whole Republican Party. This has just been one crazy 8 years of a ride. I'm ready to get off and go and try something different even if it not what my mom or daddy have thought me to believe. I just want something different, anything, and something new.

McCain = no change

Obama/Biden 2008

EVERYONE NEEDS TO GET ON THE TELEPHONE AND CALL THEIR ELECTED OFFICIALS AND TELL THEM TO STOP THIS FUNDING NOW.

THIS IN ANOTHER PRESIDENT BUSH SCREWUP!!!!!!!

STOP THIS FUNDING NOW.....

UNDER THIS A GALLON OF MILK WILL COST $6.00

EVERYTHING WILL GO UP AND THE DOLLAR WITH BE WORTHLESS LIKE THE PESO

I certainly do hope oversight is added into the equation

Refresh my memory: At what point did George W. Bush demonstrate that he can be trusted by the American people? This "plan" is simple extortion and can only lead to more thievery from the taxpayers.

Has anyone seen the language in this proposal? it gives the President and the Treasury Secretary complete control over money, and NO ONE, neither court nor Congress, can argue with any decision made by them. OK, this is about the limit of what Bush has tried to do to America. Stop this mad man!

In response to Dan's brilliant remark:

Today, the Republicans initated Corporate Communism. You can veer from the issues at hand all you want, but when businesses keep coming coming to the US taxpayer for repeated bailouts, we are indeed mired in Corporate Communsim where they have no fear of penalty. Rugged individualism does not apply in the case of the mega-rich...so they get welfare for the wealthy. Your guys did this...

We want a centralized government and a planned economy! Yes! Vote Obama!!!!! GIVE US COMMUNISM NOW !!! Take from the rich and give to us poor! Guarantee our jobs! Give us health care managed by our government! Nationalize our oil companies! Set wage and price controls! We want Communism and we want it now! Vote OBAMA!

Clean and quick was how they needed the approval for the Iraq invasion as well – if we slow down maybe someone will have time to think and ask why we take the debt but those we "bailout" get to keep the profit. Why don't we take the time to think of structuring a PAYBACK to the AMERICAN PEOPLE as part of the "bail out" of the corporations that have mismanaged themselves??????????

Speaking of blank check, he sure has a blank look in this photo.

The Republicans have to be voted out!!!

No More!!

Giving them a blank check and no oversight was what got us into this mess in the first place!

Why are the companies being rewarded with taxpayer money, while the tax payers just get the shaft?

This is like having the fox guard the hen house and then after the fox (with feathers in his mouth) says that the hens have all run away, the farmer gives the fox 700 BILLION to buy more hens. Unbelievable!!

The American government with it's current administration is all about the bailout of corporate America. They act as They always want to help the business, as if by helping business they are helping people. This current financial crisis we're in right now is the result of predatory lending, lack of regulation, corruption and greed. Some of these financial organizations deserve to die. And yet they can't help the American home owner. There are thousands of people losing their houses a day

We need accountability from Wall STreet and the do nothing Democrats. This was bound to happen. Yet the Democrats, keep spending ( behid close doors) deceiving main street with their lies and propaganda. BO sounds more like Bush every day.
The taxpayers are tired and soon we will be at the mercy of other countries. WAKE UP AMERICA!! We need change but it is not the democratic party.

.

Contact your members of Congress and let them know how you feel. If they get enough emails and phone calls, they will have no choice but to listen to our concerns.

And remember, this is an election year for many of them, too. Remind them of that. Don't give up your power to make a difference.

Hit the phones!

CNN, please print this.

And since we, the taxpayers are paying for this bailout, I want something in return, the bail out of MY debts. Oh, that's right, I don't make as much as they do...
Never mind.

This morning McDumb said that he would solve the health care crises by “De Regulation of the Health Care industry” !! Yes he did ! Is he really so dense that he does not realize that de regulation destroyed the banking sector and caused this economic crises ?! Here’s your Sign !

Before this election, I like John McCain. But now, I can't stand to look at his face. He is all that is wrong with this country. He and George Bush are responsible for perpetuating a lie. The lie is if you allow me to take care of my rich friends, they will take care of you. They will give you mlore jobs, and the money will trickle down. That doesn't work and when the Repugs were in charge of the White House and the Congress our economy went bust. Why? Because people are greedy, especially Republicans who's main goal is to put blinders on Americans so that we can't see what they're doing.

Not only do we see what's happening, but we're going to make a change in November.

Obama/Biden 08

Nancy Pelosi is becoming a Monday morning quaterback instead of a person who is in charge of anything. Her leadership is reactionary instead of pro-active. DIdn't she see this coming? What do these people in Washington do anyway? I blame her and the rest of Congress for allowing this. No body is minding the store.

Privitize profits
Socialize losses:
The New GOP

I know this may be a stretch......but before you leave office..........could you please reopen the POW/MIAs (1,205 per Gen Quang's transpript)
left alive and still listed as POW/MIAs.......theirs' also a very seriuos and unanswered topic. They are all HEROS, not just McCain. I have read......that of course McSelf would still like to keep all this info hiden, but stories are still surfacing to the top no matter how hard those is "HIGH" places try to keep them hidden. Stories like the data collected by the government from project Pave Spike and Senate hearings concerning this........Can anyone follow through couragiously and finaly give the families the needed information about their loved ones......I have gathered that McCain does not care...from all the articles written and his mean responses........or does this pres. wish to complete nothing and become listed in the history books as The Worst President ever ?????????I guess time will tell.

I don't think it should get a bailout, but it will–the rich looking out for the rich,what all the networks need to do is put out a web site so us ripped off tax payers could find out who voted for it, so we can vote them out.

Out of touch with everything... See his face, this is pathetic and shameful. Three more months at the office left but still painful to watch and ear...

Sorry, Paulson-this will be neither clean nor quick! You helped create this mess, and now the economists and the thinkers on the Hill will have to figure how to save America. A blank check is not the answer for the third time in two weeks. What happens when the next company has problems? You can't bail out everyone. The American taxpayer deserves better. It's like the war in iraq-we can't save everyone, and democracy is not the right government for everyone, so you really can't force it on people. We cannot afford to be the world's policeman...no matter what the Decider thinks. Wish he had done some thinking about this mess in February when it became apparent that the mortgage crisis was going to be huge.

Could bush look any dumber in that photo?

The democrats need to not be fooled by bush and his thugs who lied us into a war and has spent thru a large surplus.

When Paulson says quickly, I remember how the democrats quickly gave bush the powers to rage war and now regrets it.

Don't let the repugs rob us blind before he leaves in 44 days. This is the same administration that said "mushroom cloud" and had you all shaking in your boots. It's the same song, different title.

These corrupt politicians and the do-nothing Administration – what a joke! I guess if the taxpapers have to carry the responsibility of "bailing out" AIG(Wallstreet), then the idiots can go back and do it again and again and again! This country is more out of control! Where was everybody, when these Financial Institutions took a "nose dive"? Why should we, the people have to be punished for other's bad deeds?

@ PAT "IN ALL FAIRNESS TO GEORGE BUSH"

He is the "Captain of The Ship". When the ship runs aground or sinks, the Captain is responsible even if it is his sleep time. You see Pat, the Captain is responsible for the ship and all actions of said ship.

Having George Bush as President has been like having a box of Chocolates. You never know what you gonna get from one day to the next.

Dear BJ,

Yes Obama made over 1 million dollars because of the sale of his books.

McCain made over 400,000. to add to his wife's 100 million dollars. So what is your point?

Let us not forget why you would want to vote democratic come November...

GOP-->The WAR in IRAQ -–>Trillion Dollar Deficit--->Unstable Economy

I do believe it was Al-Queda that stated that they couldn't destroy the US while in the middle east but would destroy the US from the inside out....HMMMM
Cost of war and the US economy...Does anyone see this correlation?
To say that we are winning and that the shift of focus should now be the economy is a fallacy. Again back to the chain of events, as listed above.
Stay focused and vote for the Dems

~Common Sense Independent

Aren't you glad the Democrats stopped this fool's plan to privatize Social Security?

And what is Obama's plan????? Oh yeah! it's call Change!

This is a disaster waiting to happen. Hasn't anyone learned that approving ANYTHING Bush proposes quickly will lead to nothing but a mess?

Take the Iraq war, for instance...

Someone should send these comments to
the White House. Congress and Mc Cain

I'm an African American and I don't like the CONTENT of McCain's character.

Obama/Biden 08

I don't know who took this picture Bush but he looks sad. What does this $700 billions do to the national debt? Look like to me, I and the rest of America are part owners now of Fanny and feddie and AIG. I think home owner shouldn't have to pay so much for mortgages and insurance now we as America are part owner now. with this bailout I'm getthig taxs twice or more own everything and the $700.000.000. Make you want to say um!um!um!. GO Obama/Biden

Can I get a lower Mortgage rate since the fed is only charging what like 4 percent to the banks? If I am paying money for this bank bailout I want to be taken care of too!

Ticked off Taxpayer,
Obama/Biden in 08!

Any corp that gets our money has to abide by rules; delute stockholder value and reduce compensation to executives. Put a cap on conpensation to comparable levels in government. Help the people in foreclosure they put there!!!

The face that tanked America.

Nice picture of aWol there.. he's looking beaten and tired. It's hard work overseeing the gutting of Americans' rights and finances...

It's unnecessary to demand our politicians to buy American cars if American auto manufacturers produce inefficient cars. We have more moral duties to the world climate than to American automakers.

You ought to see South Park for this piece of driving a Prius.

NATIONALIZING THE PRIVATE DEBTS IS NO SOCILISM, people!

don't be so STUPID.

the PRIVATE GAINS re still very much PRIVATE!

YOU THE PEOPLE WILL HAVE NO OWNERSHIP OF THE BANKS,

EVEN AFTER GIVING TRILLIONS OF YOUR MONEY!

We want a centralized government and a planned economy! Yes. Vote Obama! !!! GIVE US COMMUNISM NOW !!! Take from the rich and give to the poor! Guarantee our jobs! Give us health care managed by the government! Nationalize our oil companies! Set wage and price controls! We want Communisn now! Vote OBAMA!

OH YES! I hope they do so I can start paying that debt off right now until the day I die. Thanks Wall Street. And Thank you trustful rebulican machine for always SKREWING me over!

Make rich people richer before the end of your presidency – it looks like you are playing a pay back time game.

as citizen stockholders/stakeholders the game has changed – next can we nationalize oil? - why should only alaska be the only state to share in the wealth -

The Bush administration gets more pathetic by the day...and to think that many in this country will consider voting for a ticket that may prove much more devastating in many ways. It boggles the mind ...not to mention a world that is watching as this farce continues to play out on the national stage. If it weren't so criminal, it would be laughable!

McCane/Palin = can't remember / never knew

Lie baby Lie!

This bailout stinks to high heaven. I smell a rat. I understand something needs to be done but why does it have to done so quickly? What are the Rethugs trying to hide????

They need to take their time on this, because if they make another mistake, we'll end up paying for it again....

with trillion tax dollars!

the thieves on wall street can wait for it to TRCIKLE UP!

Yeah right. The last time we moved too "swiftly" with a Bush/McCain plan, we ended up in Iraq and misguided deregulation, which caused record levels of national debt.

Thanks, but no thanks!

With this amount of money in bailouts, Congress should take the time to ensure the proper oversights are in place that were lacking under the Republican majority.

The latest polls have Obama gaining in North Carolina and Indiana and McCain staying very close in Michigan, in what looks like it will be a mad rush to the finish line. Full roundup here.

Well...looks like Bush and his legion of idiocy–have grabbed our elected representatives by their collective noses again.

I can't believe after all the crap he's pulled they's give him a blank check on the testimony of the Treasury Secretary he appointed!

McSame remarks, that Obama voting 94 times for a tax hike is a dam lie, McSame stop telling lies just to win this election.

Suer congress is going to havt to scramble. Both republicans and democrats let all their corporate and lobbyist buddies steal all they could. Along with Bush maybe CHris Dodd, Barney Franks and Obama can explain their ties to Frannie May and Freddie Mac. I saw the stupid peice wrote about McCain having 13 vehicles . What a Joke by the left wing Mediia including CNN. So there are 9 people in the household who drive and I betch that works. All you stupid liberals a squalling about it. Guess what we are a family of four and have four vehicles and a RV. Guess what we all work and in different locations. One of you liberals even had the gutss to say you never knew a family that had more then three cars. Where do you live in DC or New York city were the tax payer supports your public trans sysytem. Got a question for the left wing media. How does Obama get to work if he and his wife only own one vehicle. Surely that can afford another one after he got millions of earmark dollars for the hospital were his wife works and she got that 150,00o raise right afterwards. By the way , I guess this makes Michele a bad Mother according to the left wingers who do not think a woman can do both.

While I am a Democrat, I can see Rome burning while Congress sits and bickers back and forth and then each will blame the other for the resulting fall of our economy. I agree that a "Blank Check" for 700 Billion should not be given without protections in place for Wall and Main Street and accountabilities in place also but time is of the essence.

Members of Congress please do not think that Democratic voters will believe that Republican member of congress are totally responsible for this mess and do not think that Republican voters are not going to think that only Democrat members of congress are totally responsible. All of you are there and either all of you act together and get it right or you fail us together.

There is enough blame for this mess to go around but now is not the time to look for places to lay it.

It's the Republicans' last chance to loot the public coffers.

Stop watering down the market. Build.

Government needs at least an eighty year action plan requirement, to remind you that it is always bigger than one person.

Obama made almost 1 million dollars last year, and still got a 40,000 dollar refund. Maybe you're right, we should tax the rich...

Reading these blogs I am just amazed at some of the Republican oriented comments as they are almost entirely made up as reproduction of proven lies or McCain slander.

Continuing on the same path for the next 4 years will never avoid either a draft or a depression. There aren't going to be any big lop eared Easter Bunnies bailing you out of this mess if you vote to continue with more of the same.

Americans need a concise break down of the truth but with the main stream media supporting corporate greed it just doesn't seem likely this will happen any time soon.

Now that the collapse has occurred, the roadblock built by Senate Democrats in 2005 is unforgivable. We now know that many of the senators who protected Fannie and Freddie, including Barack Obama, Hillary Clinton and Christopher Dodd, have received mind-boggling levels of financial support from them over the years. While Democrats point fingers between now and Nov. 4: Senator John McCain was one of the three cosponsors of S.190, the bill that would have averted this mess.

the proposed bailout or nothing is a profoundly FALSE CHOICES!

BAIL OUT THE HOMEOWNERS AND THE UNEMPLOYEED
with 700 billion tax dollars!

they are the VICTIMS of the predatory lending and wall street thievery!

If my money is going to be used to bail these people out I want to see their pay regulated. Half of the money absorbed by this mess is now in the hands of people like Carly Fiorina and Rick Davis. Millions have lost jobs because hundreds of millions of dollars have gone to greedy CEO's whole merged, consolidated, and downsized their jobs into nowhere and then got millions to simply go away. If it's not fized now the problem will repeat itself.

Come on congress, do it! I know more about the economy than all of you combined.... If I say this is good, it is good. I know how to fix things... Look at how I have fixed Iraq... Look at how I have fixed Georgia... Look at how I have fixed Pakistan.... Economy is no big deal.... In fact, it is a 'peace' of cake.... ooops, is it 'peace' or 'piece'? who cares.... why do you ask stupid questions? Let's focus on the economy... so do IT!

Hey it is only fair that Main street get something out of this too!

This Mr. Bush and the Republican party are responsible for the state this economy and country are in. Spend spend spend, borrow borrow borrow. This all took place on his watch. And so did the 9/11 attacks.
I heard Laura Bush is leaving George when his term ends. Also heard that Cindy McCain can't stand Sarah Palin, you know, the pitbull with lipstick. Is that true, CNN??

This so-called 'rescue' is an act of economic terrorism almost 7 years to the day from 9/11/01. However, we don't have to look very far to find the terrorists, they can be found at 1600 Pennsylvania Avenue in Washington, D.C. Unindicted co-conspirators: the US Congress. This country is supposed to be based on free-enterprise. When you take risks, sometimes you win and sometimes you lose. For some reason, this time, taxpayers (present, but mostly future) are supposed to bail out the losers. If you take a look on-line at the response to this latest attempt at plundering the Treasury by the Bush administration, the response is overwhelmingly negative. So why does the media keep printing all the pontificating about how badly it's needed by those who were part of the debacle to begin with? Of course Wall Street is applauding the bail-out, they're the ones who think they're entitled to it!

You can bet that a part of the 700 billion will go into the hands of criminals. How is the government going to monitor who gets the money and why?

This administration can't get food to NOLA and even Houston is having problems with food and power. This administration didn't want more controls over business. This administration can't control where the money goes in Iraq. Now this administration wants us to believe that they can control distribution of 700 Billion dollars.

Let the businesses that owned the largest stock in the banks bail them. This should not be a problem for the taxpayers.

It's going to be easy to loose 1 Billion of that 700.

McCain voted against more regulations to control Wall Street. Bush and McCain said the economy is strong.

The Republicans are just using this as another excuse to hand billions of taxpayer dollars over to corrupt corporations with no strings attached. Thank goodness that Democrats have a majority in Congress and can fight for protections for the American people who are paying for this mess.

The Republicans have been in charge of the executive branch and have appointed all the people with any power over our finances for nearly the past eight years. They've also been in charge of Congress for six of those eight years, and look where we are today. Remember that in November.

He and all his boys knew this was coming so he need to go take a seat and get lost.

This puts us much closer to the Socialized Democracy than ever before. Together now, let us all say goodbye finally to our grand Republic for which we used to stand.

Tax the filthy rich like Roosevelt did, at 70%.

If McCain gets elected, this country will dive into a Depression we won't come out of for a very long time if ever, and we won't be a constitutional democracy any more.

just repubs, cleaning out the treasury before they are voted out .

Congress needs to just say no to corporate welfare.

If you gave your kid 30 K for a down payment on a house, and he blew all of the money at a casino. Would you just give him another check for 30 K without ensuring that he wouldn't just blow it again? We are talking about minimum $700 Billion here.

Sound like the rich is still trying to collect, before the repub are out of office.

Bush just wake up, he has been sleeping for 8yrs , The Republican don't care a dam about the America people who looseing their homes,have no health care,can't send their kids to collage etc, elect McSame & Palin and you will continue with the same old Bush no change, wake up Americans they will be just like Bush with all the lies and decite just to win.

How cute, he wore a tie to match the curtain behind him!

Remember the "urgency" of the WAR that we are in?!?! Please, PLEASE think this one through and if it must be done PUT SAFEGUARDS IN!!!!! Protect "We the People" for a change and not Corp. buddies.

Obama / Biden 08

Pelosi is right. No blank checks to George Bush to bail-out sheisty executives that want taxpayers to reward high risk and predatory lending practices.

They want the money, then they need to earn it and agree to limits on executive pay and obviously more accountability/oversight.

If Democrats don't conform to the Republican way of doing business then they will be painted as unpatriotic or unamerican. That's how it has worked for years and how it will continue to work.

I can't believe these financial criminals are asking for a handout from the public then in the same breath threatening they won't accept the 799 billion dollar bailout unless it is strictly on their terms.

Only in America you say!!!!!!!!!!

Bush is so clueless just look at the picuture of him and he's so out of touch with the American people. Obama/Binden, good Lord please let them get into office even though the Bush administration is leaving a mess to clean up.

All homeowners lured with LIAR LOANS by fat cats as they profitted out to be forgiven their debts ... just as those same Wall Streeter speculators, et al!!! Since this is in effect privatization turned socialization (taxpayer based bailouts) ... shared losses, then share our tax dollars with those homeowners so that the bleeding stops ... so that people may stay in their homes and other's homes are not being devalued!

Stop the madness ... please !!!

A concerned Citizen & taxpayer !!!

Don: "I think Bush will agree to the provisions just to safe his legacy, what do other people think?"

I really hope so. But he may also just try to screw us all one last time. His "legacy" can not be saved now.

watch these republiCONs slip and gloss over ALL of McCains
DE-REGULATION past LIKE IT NEVER HAPPENED...

READ THEIR POSTS..... MARK MY WORDS....

REPUBLI CONS HAVE THE MOST SELECTIVE AMNESIA IN THE HISTORY OF AMNESIA !

I would expect Congress to call for a limit on executive pay and benefits for any company that will be involved in the bail out. The outrageous salaries and benefit packages are one of the reasons we are in this mess. I would also expect them to ban any political donations to any party as long as they are having taxpayers rescue them.

Don't drop the ball Democrats. Do not give this administration another blank check. Republicans love to run up the debt almost as much as they love to bail out their friends.

A bailout like this definitely needs oversight. The greed on wall street is already taking over. Does it surprise anyone that they are asking for more?

Democrats need to lead on this, not follow. Republicans don't even know how to spell regulation and reform. McCain still chokes up a bit even when he says it.

B A I L O U T,,,,,,,,,I S ,,,,,,,,,,,A ,,,,,,,,,,,B O O N D O G G L E ,,,,,,,,,,,,,,,

C O S T I N G,,,,,,,,,,,,T R I L L I O N S,,,,,,,,,,,,,,N O,,,,,,,,,,,,W A Y

I don't want them to "scramble." I want them to think this through very very carefully, and make sure they do what is right for all of us.

Tax the rich!

Please dont let this idiot screw things up more.

Can you say – "finger in a dyke"?

Obama 08

You know Mr. President? Shut your mouth!!! Because of YOU we are in this ordeal!! Because of YOU, you are an idiot taht your Administration didn't see this coming!! Because of YOU, this is why are wasting too much money!!!

Don't get me started on this crap!! Don't tick me off like the Raiders organization...stop acting stupid from both parties!!!

The senate is calling for what McCain and his cohorts have been against all his senate yrs. "Mr Deregulator" I wonder if people actaully listen to you when u lie and come back and say u never did.
On "The view" Mcacain claim he never supported earmarks and just in the beggining of his campaign he said he will give $300 million earmarks to any auto company that comes up with a rechargeable car battery!

You claim your experience in washington and now say Obama is to be blamed for you supporting deregulation for 26 yrs?

People this man is the father of lies...no truth is found in him.

Lord help America

If this is really as serious as we're being told, why on earth would you rush a solution?

The "president" wants what every junky wants: A QUICK FIX!

Ok, most of that sounds good, but are you kidding me? Home owner protections were the problem! We don't need people who can't afford houses living in them. I for one, as a taxpayer, do not want to pay for them to live in houses while I can't afford one.

What the ceo's, etc have done is pure and simple( robbery) they should go to prison, and NO severance pay. It's the same if I robbed a bank, I would not be bailed out by the tax payers money. Let Paulson Bush, And all the other rich people that got severance pay from their company's give that to them. I wish that somebody would drive into Bush's head that HE does not own the United States, and explain to him that he's not a KING.

YEah, let's rush this trhough just like the Patriot Act, another highly flawed piece of legislation...so uh, those writing the bill, the boys at Goldman Sachs??? Should we call it the "Big Brother and the Holding Company" bill?

Haven't we learnt from what happened during last 3 weeks? There must be transperancy on how these funds are going to be used, CEO bailout or otherwise compensation, making sure that desrving families get a chance to renegotiate their mortgages (not speculators who bet on the housing bubble).

hey you hear that republicans? If you are not for socialism you better not be for your own party. The most socialist thing I have ever heard of in America.

OBAMA BIDEN FOR AMERICA!

In all fairness to President Bush, he inherited govermental agencies that have been in place for years. 911 and Katrina were terrible events that could of easily happend while a Democrat was in office. The failures would of still occurred. This financial crisis, he too is working to resolve them and the country is looking at him to fix it, though he'll get no credit for his work. Our financial mess is as it is due to years of corruption and greed that both sides of Congress allowed to go on and unfortunately are looking to gain political positioning vs fixing the problem once and for all. I don't care who fixes it, just someone fix it.

We need this to be clean and quick," Paulson said.

Statements like Secretary Paulson just stated are the reason that we are in a fiscal crisis. How many times have we heard that from the Republican White House? We heard that in terms of Iraq and now with the Wall Street crisis. You know what else is quick and clean, the knife they are stabbing the taxpayer with! We need a thoughtful, wise solution to end this crisis…no more band aids.

I don't own a home, because I knew I couldn't afford one even when my creidt report and my salary said I could. i don't believe it's the governments job to bail people out of messes that they create fro themselves. That said, If my tax dollar is going to be used to bailout someone greedy enough to sell people a product they could ill afford in order to collect a hefty commission I would expext my legislators to stipulate that each disadvantaged taxpayer have their debt forgiven dollar for dollar based on the bailout. Why should a hardworking individual lose their home, their livelihood , and then have their tax money used to pump up a company's bottom line, yet be no better off in the process.

One look at that picture and you have a good idea of how we got ourselves into this multifaceted, monumental mess. I would say that there are only 120 days till the end of our national nightmare, but the Bush Administration is going to be the gift that keeps on giving. The clean up phase will probably take a least a decade.

Hey, but everyone thought he'd be a good guy to have a beer with! You want more – just vote for McCain-Palin. Who wants a couple of really intelligent "elitists" in the White House anyway?

Well, actually, I for one – definitely do!

at frist i thought the bail out may not be a bad idea . but the more paulson talks abounta bail out with no strings attached for wall street
on any and all bad investments. i hope congress doesnt fall for that like they did on the iraq war. we the tax payers need to have some of the blanks filled in be fore we buy in to this b.s.
congress get all the blanks filled in all the t s crossed and all the i s doted. frist!!!!!!!!!!!!!

Giving money to the to Wall Street will only make the problem worse.

Is it me are does Bush look Clueless?

Bush is right back to the "Obey Me!" tactic.

Trust Bush and the Republican party to get us out of the mess their own deluded laissez-faire economic philosophy got us into.

Yeah, that sounds about right. Since they clearly didn't know what they were doing when they adhered to their economic dogma, surely they must be completely competent and trustworthy when they turn their backs on everything they believed in last week.

You should be held accountable for all the criminal, illegal, immoral, and deceptive deeds that you have done to this country.

Where is the justice? I never thought you could do this much damage, I just thought the country will just suffer along for 4 more years.

God, help this country, so that the voters will not pick another arrogant liar and imbecile.

I propose the Bush steps down As president of the United States.

Who is that guy in the picture?

PRESIDENT DUMB DUMB..............WHEN HE CAME ON TELEVISION HE SAID............ THAT WALL STREET WAS INTERTWINED....EVERYTHING WAS CONNECTED.......UMMMM NO DUH................ AND UR PARTY WANTED LESS REGULATION....WOW I GUESS THAT DIDN'T WORK HUH???

POST THIS.............

NO GOLDEN PARACHUTES!!!!!

McCain is now all of sudden saying he is going to reform himelf. He has been a deregulor and strong support of less government oversight on Wall Street. Now all of a sudden is for oversight.

This just like Palin's support for the Bridge to Nowhere before she was against it.

McCain is an off the cuff leader. He has no future vision. He is a reactor rather than a visionary. He would be an absolute horrible President just like Bush.

Once again, Republicans like John Boehner and George W. Bush want to ram this through Congress as fast as they can with a minimum of thought or analysis. All these guys want to do is bail out the big CEOs and to hell with the taxpayer and the little guy. These big bankers should NOT be allowed any further huge salaries and golden parachutes. In fact, they should be jailed for their reckless mishandling of the economy, along with Bush, Phil Gramm, and the rest of the conservative GOP free trade, deregulation crowd who have destroyed our economy!

The 'Republicans are the party that wrecked America' in the 8 years.

McCain-Palin have nowhere to go now but down, and I will tell you exactly how this will happen. They can run away from President Bush, but they can't run away from the Republican Party. The Republicans will be regarded from now on as "the party that wrecked America." Over the weeks ahead, as carnage in the economy and the financial markets ramps up, it will become increasingly clear.

This financial crisis we are coping now is the result of politicians accepting bribes thru lobbying by wall street and corporations. We have enough of this and this is the tipping point. Here are my recommendations for additional funds;
1. Ban and outlaw lobbying and earmarks.
2. Stop the space program which costs billions of dollars.
3. Withdraw all US forces in Iraq, which is costing us a billion a month. The argument that we were never attack after 911 because we invaded Iraq is inaccurate, but because our forces and coalition forces were in Afghanistan hunting the Taliban and Al Qaeda and not Iraq.
4. Ask Iraq to reimburse us with all the expenses for the invasion and freeing them from Saddam Hussein. We can take control of some of their oil, or is Dick Cheney and Bush doing this themselves?

Something smells rotten here! Trying to ramrod this quickly is a recipe for disaster. There is a reason they are trying to push this so quickly. They dont want anyone to scrutinize this until its too late. Sounds like a GOP criminal plan. Theft of taxpayer $. The GOP led Congress wasted no time restricting bankruptcy for the little guy, yet they are rushing to NATIONALIZE Wall St losses? Smacks of Socialism, eh?!

Bush is a moron.

McCain can get RICK DAVIS to oversee the mess; he's already made $2M as a FANNIE MAE/FREDDIE MAC lobbyist....

As usual, Bush is way behind! Four months more of this fool and then back to the cowpaddie pastures of Texas for him! Good riddens.

IF DO A BAIL OUT CAN WE GET BACK THE EXECUTIVE BONUSES THAT WERE PAID OVER THE LAST 5 TO 10 YEARS. IT WOULD ONLY BE FAIR SINCE THESE PEOPLE DID NOT DO THEIR JOBS SO THEREFORE THEY DON'T DESERVE A BONUS. NO BONUS GIVE BACK NO BAIL OUT ! SOUNDS FAIR TO ME.

You can bet that if it's quick, it will be anything but clean. Paulson's insistence on immunity from review by anyone reminds me of a few other initiatives the Bush administration pushed through using the fear factor – ill-advised, sloppily administered, and ultimately disastrous. What happened to the Pottery Barn philosophy? The CEOs and deregulators who broke it (and made a pile in the doing thereof) should be the ones who have to pay for it, not the responsible taxpayers who've lived within their means. If we're expected to buy it, then we should receive some equity in return.

Sarah –

Would love to hear your insights on this topic as a person that could concievably be the presidential candidate if John McCain falls off the turnip truck today....

Put more republicans in office so we can REALLY SUFFER !!

Wow...this sounds eerily similar to our Rush to War in Iraq.

Please Democrats...don't let the Treasury take on this debt with my tax dollars without first making sure that there is accountability and oversight!

I understand why this is necessary, but it doesn't mean that the people who did this to our economy shouldn't be held liable.

I think Bush will agree to the provisions just to safe his legacy, what do other people think?

Pelosi and Reed will want to tac on billions in pork for their pet projects, hell they help created this mess in the first place.

You mean Bush wants us to listen to him after the mess he has us in now?? He needs to leave and take his talking cousin (McSame) with him.

Obama/Biden '08

I just gave $50 to Obama because I am sick of this economy. In November Obama gets my vote. I know John McCain has no idea what to do, because he said the economy was strong when it is not. Now we have to pay so much money to get the banks out of trouble. So, why are we still spending all this money in Iraq? If McCain wins this election, he will keep spending billions every month in Iraq? I don’t think McCain cares how much the war cost, because McCain and his rich friend will keep eating. They are getting their money now (today) in this bailout. While, the rest of us have to wait to see who gets elected. I have friends who say they can’t see themselves voting for Obama, even though they like him. They say they will vote for McCain even though they don’t like him or Palin. They are just Republicans voting the party line. Still, here we all seem to agree on one thing. If Obama don’t win, the rest of us will get nothing, but more taxes. Then, when we lose our jobs, and can’t pay for our homes. They will take them and sell them to someone else, for half the price. It is happening every day, right here, right now, before the election. Obama needs our vote, and our money to win in November. Let’s support him now, before it is too late.

Good job Congress, don't give the rethuglicans a blank check so they can further screw up our country. Of course Paulson wants it to be clean and quick so there will be less time to think about it and so people won't see that mccain had his hand in this mess by being a strong proponent for deregulation and grahamm being a chief player in this. Grahamm by the way is mccain's top economic advisor. Go figure! No wonder he knows very little about the economy, probably the only truth he ever told.

Dems get off your butts and stop psoturing get this done now, or you will loose the election...take action now.

It is offical, we just nationalized our banking system, and we did it on the rethugs watch....no that funny.
BRAHHHHHHHHHHHHHHHHHHHHHHHHH

Great! Congress in involved?! They will run this into the ground like everything else.