Comments on: Senate backs Wall Street bailout

By: Dianne jacka

Dianne jacka — Thu, 02 Oct 2008 06:18:33 +0000

To all Americans, i am an australian , we have regulated banks, universal healthcare, and social security system, which looks after all.We pay higher taxes but we will never fall through the cracks and force people out onto the streets. Dont be afraid of change, i really hope that your next president will not be at the beck and call of vested interestsOur economy is linked with asia now and we should be able to avoid recession. Good Luck , we feel for the people in trouble and hope that you will all become active and make your media and politicansaccountable. I think that the ceo's should be put in goal too, we have this problem too, life after politics and high paying jobs, make a politican tread softly.

By: WAKE UP! NO MORE TRICKS!

WAKE UP! NO MORE TRICKS! — Thu, 02 Oct 2008 06:15:15 +0000

Oh Lord, I smell another American Revolution...

By: African

African — Thu, 02 Oct 2008 06:14:47 +0000

Bailout who? Let's not give too much power to individuals who are running our back-bone markets.

By: Janet - Missouri

Janet - Missouri — Thu, 02 Oct 2008 06:01:59 +0000

I just watched Warren Buffet on the Charlie Rose Show. His main point is this is not the spending of $700 billion to give to Wall Street fat cats. This is an investment in our country of $700 billion. They will use this money to purchase hundreds of thousands of foreclosed homes at a bargain price, hold them for a while, and sell them to qualified buyers.

People, please study the problem before you oppose it.

Contempt prior to investigation is a very dangerous viewpoint.

By: maynard hopkins wi

maynard hopkins wi — Thu, 02 Oct 2008 06:00:23 +0000

we are in for a world of hurt big time now......

By: Mike, CA

Mike, CA — Thu, 02 Oct 2008 05:49:25 +0000

STOP blaming "Washington" for the economy and state of living!!! This is our time! Take control of your situation! Write (email) your state senator and representative EVERY WEEK. They run for elections for pete's sake...Kick the old idiots out and put new idiots in. It will make you feel better. Stand up and be counted please. Vote for measures, propositions and elected officials. Write in to your local newspaper on current events. DO NOT sit back and whine about people we re-elect to 12 consecutive terms becasue they are the only name you recognize on the ballot.

By: tired of corruption

tired of corruption — Thu, 02 Oct 2008 05:46:23 +0000

I am tired of political corruption! Time to start voting these bums out of office. I will start with these two – Sen. Kay Bailey Hutchison and Sen. John Cornyn. Then if my representitive in Congress votes for this ripoff bill I will no longer give my vote to him. Come on Burgess do the right thing! When clowns like Barney Frank, Harry Reid, Chris Dodd, and Nancy Pelosi take the lead on something it should be obvious to the citizens of this once great nation that we are getting ready to get slammed.
Way to go republicans you have effectively pissed off your base. Lets go ahead and show Obama to his new bedroom at the white house.

Not happy in TEJAS

By: Does Obama Palin Comparison?

Does Obama Palin Comparison? — Thu, 02 Oct 2008 05:39:32 +0000

Pelosi will undoubtedly try to blow up the deal in the House tomorrow...The longer the crisis and suffering go on, the greater Obama's chances get.

Pelosi & Obama are dancing on the grave of the US economy, and reveling in our suffering...

By: Marj,Paso Robles, Cal

Marj,Paso Robles, Cal — Thu, 02 Oct 2008 05:15:44 +0000

Mrs. Texas Teacher:

Baby Uhbama has received over 100k from Fannie and Freddie. My tax dollars are being stolen to help these corrupt Govt. entities. Uhbama, Dodd, Frank, Reid and Schumar should be investigated and prosecuted.

By: erika morgan

erika morgan — Thu, 02 Oct 2008 05:06:34 +0000

The Senate has demonstrated that they do not understand our economic situation but just listen to desperate rich cats who are used to steeling money and don't wish to give it up.

Our addiction to credit must end. Our Government must live within it's
means, our families must stop spending what they don't have. And yes even
business must retrench, I've never heard of something so stupid as having
to borrow to cover payroll. Borrowing requires the payment of interest,
no matter how low interest is, the use of the money must add to value or
it is a costly mistake.

Much of our society has been copying the government and all must now take
their bitter pill (suffer the just deserved losses) tighten their belts
and get on with becoming productive.

This does not mean each for himself but it does mean it is time for
Government to spend on infrastructure, education, healthcare, and maybe
even shelter for its citizens.

THE CITIZENS ARE WORTH SPENDING ON EVEN IF YOU HAVE TO BORROW BECAUSE THEY
WILL RETURN YOUR INTEREST PAYMENT: THE BANKING INDUSTRY CONTRIBUTES NO
WEALTH IT ONLY REDISTRIBUTES MONEY. Our problem is that this money they
handle no-longer represents any real wealth.

A small business owner,

By: Anonymous

Anonymous — Thu, 02 Oct 2008 04:48:46 +0000

something has to be done but i am not sure this is it. are they all trying to scare us to death. i think they all belong in jail ceos and all they sure have a great life while we watch life savings vanish and some people lose everthing. who ever thought you could let people have loans that they had no way of EVER paying back now the taxpayers pay for everything again as usual. disgusted in ark

By: Tre

Tre — Thu, 02 Oct 2008 04:48:33 +0000

It would be interesting to know whether or not fox news has interviewed Sarah Palin, if not, when they do, will the yask her to name the first president of the U.S., or simply have her state her ABC's?

By: Raymond Duke

Raymond Duke — Thu, 02 Oct 2008 04:41:49 +0000

The only thing I can promise my senator that voted for this bailout is four votes against him in this election. The same thing goes for my representative. As a family we do not take goverment handouts and we do not believe we should bail out wall street. Between presidents and congress we already support to many people who ride the system already.

By: sally sue

sally sue — Thu, 02 Oct 2008 04:29:47 +0000

Obama is Dangerous and bad for America. He is a wolf in sheeps clothing, a slimy, sleazy lawyer, who is skilled in his oratory skills to make corrupt back room deals. Nobama EVER!

By: Salvatore Labaro

Salvatore Labaro — Thu, 02 Oct 2008 04:28:57 +0000

It is sick that corporate America won out, what an unprecedented manipulation have the succeeded in? While we pay for their losses they keep their profits! Well, America, you get what you vote for; obviously Senator Obama is just as supine to corporate America as he is a corporate sycophant.
If you are angry, I'd like note Ralph Nader is running for president and would never make the corporate-centered decisions that Senator Obama made.
I, like millions of Americans, will refuse to vote for any candidate who voted for the wholesale transfer of taxpayer monies to private national and multinational corporations... a "free" market capitalist scheam in which taxpayers seem to absorb the costs of environmental and social decay as private corporations and their owners continue to reap windfalls?! Senator Obama really let us down on this one... but... oh wait he is a corporate elitist, like all elected democrats and republicans. NADER NADER NADER.

By: BJ

BJ — Thu, 02 Oct 2008 04:22:01 +0000

As ugly as this bill is, at least they raised the FDIC insurance to $250k. This will calm some depositors and ease worries for banks, helping loosen some credit too.

Obama just does not have the qualifications and needed experience to see this crisis through.

McCain 2008
Hillary 2012

By: eff_dat_bailout

eff_dat_bailout — Thu, 02 Oct 2008 04:20:37 +0000

We don't need no stinkin' bailout

By: ohio

ohio — Thu, 02 Oct 2008 04:18:20 +0000

noooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooo!!!!!!!!!!!!!!!!!!!!!!!!!1 our govenment is egnoring our voice

By: Anonymous

Anonymous — Thu, 02 Oct 2008 04:15:17 +0000

Who cares?

By: Wise White Guy

Wise White Guy — Thu, 02 Oct 2008 04:12:49 +0000

Probably not the best deal they could have done but enough financial experts believed it needed to happen to convince me. I am sure Barack will make any corrections needed next year.

By: Anna

Anna — Thu, 02 Oct 2008 04:12:23 +0000

Many independants, Fiscal Ultra-Conservatives and Anti-Corporation Liberals Strongly Oppose this Bill Backed by the Bush Administration, their Treasury Guru, Paulson, and Dem leaders Nancy, Barney and Harry.
Eww.
Do we have to rush into this without considering other options?

By: Wayne

Wayne — Thu, 02 Oct 2008 04:06:46 +0000

It looks more and more like a landslide for Obama.

All McCain has left is nagative ads about Obama. That didn't help Hillary und for sure not John McCain, who has no new ideas anyway.

Just amagine John McCain or Obama adressing the nation.

McCain the clown and Obama the statesman.

Even today Obama showed leadership in the senate.

Yeah bring on old stories and lies McCain, you are good at it since you have nothing else to offer, but remember thats your funeral.
And all of america knows now that Sarah Palin is a joke.

I/m glad its almost over.

Obama / Biden 08

By: Cymro

Cymro — Thu, 02 Oct 2008 04:06:40 +0000

All these billions for the fat cats, and not even one word for the thousands of poor families trying desperately to hang onto their homes. Only in America, eh? wodacontry!

By: Pat

Pat — Thu, 02 Oct 2008 04:05:39 +0000

What a pity that the wimps were brainwashed, cajoled, threatened or whatever into following our reckless leader – all but 25 brave Senators. This bailout won't work either. The general public is much smarter and more aware of the truth because of the internet these days. The market will tank anyway and I predict that it will go right away. We're too indebted to China and other countries so that we can subsidize the wealthiest, subsidize sports to the tune of $14B annually, and continue to reward the District of Criminals.

Meanwhile, Americans are starving, have no health care (yet we're giving it to Iraq), and gifted children can't go to college because they can't afford to.

The worst is yet to come. The party's over.

By: My Friends, let me tell you

My Friends, let me tell you — Thu, 02 Oct 2008 04:05:13 +0000

This is just a short term fix,its enough to keep the wheels on till spring.

By: Ryan

Ryan — Thu, 02 Oct 2008 03:55:04 +0000

Here we go. Political pressure. The President yelling FIRE! The moron Paulson (where has he been the last 2 years) begging for a bailout. Speculators on Wall Street crashing the market until they get their money. This is like running into a fire with a squirt gun thinking your going to put it out.

Our entire government just threw 700 BILLION dollars at a problem they created. Enough is Enough! Throw every single one of these bums out on election day. They just sold us out again.

I'm not for Obama and I'm not for McCain. But I am ready for a real change.

By: Lee

Lee — Thu, 02 Oct 2008 03:53:31 +0000

The big fish are still eating the little fish, just like always. Why is it the little guy has no power to say no to the government using our money like this. It's disgraceful, disrespectful to the taxpayers, and more pandering to the rich and powerful.

Throw all of them out of office.

By: tehama

tehama — Thu, 02 Oct 2008 03:51:47 +0000

Obama has more brains in his little finger ten bush has in his head.

By: G

Thu, 02 Oct 2008 03:50:53 +0000

something needed to be done. I just hope people understand why before they judge it. Remember on election day that 4yrs ago you guys elected Bush and look what happen.

By: BK

BK — Thu, 02 Oct 2008 03:48:50 +0000

Obama level headed leadership? What a joke he distanced himself from the whole thing. Obama PRESENT. The man doesn't have an original idea of his own. He prayed on naive college kids and AA's. And cheated the rest out of their votes. Hope and Change UH UH what a joke.

By: tehama

tehama — Thu, 02 Oct 2008 03:48:47 +0000

what will the house do?

By: mac

mac — Thu, 02 Oct 2008 03:48:33 +0000

If a failed President and a failed Congress give money to a failed bank, how can we fail?

By: tehama

tehama — Thu, 02 Oct 2008 03:46:48 +0000

L ets see what the house does

By: Independent

Independent — Thu, 02 Oct 2008 03:46:48 +0000

Who were those two rude senators sitting behind Senator Obama when he was addressing Congress before the vote for this bill?

By: Common Sense in Texas

Common Sense in Texas — Thu, 02 Oct 2008 03:44:09 +0000

What a surprise. The congress voting to bail out what they screwed up in the first place. I'm livid. No one bails me out when I make a stupid financial decision. I have to take responsibility for my own poor decisions. Fred I agree someone needs to go to jail- CEO's the head of Fannie Mae and Freddie Mac, a few congressmen and women who wouldn't heed the warnings of McCain and other Republicans a couple of years ago. Just like anything else though follow the money and you will find the crooks.

By: Independent, white female !

Independent, white female ! — Thu, 02 Oct 2008 03:40:47 +0000

I think that we need to make sure that our politicians are being held accountable when they spend our hard earned tax dollars. We need to make sure that we change the way Washington does business, we need to get a little more involved, this is our country, our future, our economy, we the people should not sleep at wheel and allow Washington to continue to do what politicians have always done. We must get involved an dthat is why I support Senator Obama in his race to the white house. He is from a genration that is educated about the importnace of communication and diplomacy,highly intelligent and knows how to deal with the crumbling economy, he is a believer in transparency and we the people have supported his campaign. Unlike Mccain who has been supported by lobbyists and has sided with the big wall street moguls. He is supportive of the top 1% of the american population. His judgement call to choose Sarah Palin was one of the most compulsive and politically motivated moves ever. How can Mccain offer this type of job, at his age, to someone without vetting her properly. I interviewed my dog groomer/ walker more than he interviewed her. It is a clear sign for me that he is not the man for the job. Obama will fight tooth and nail, I just know it to make his presidency one to g down in history, not only as the first african american, but as one of the best presidents we've ever had and the best free world leader ever saw!

By: Kate Fergus

Kate Fergus — Thu, 02 Oct 2008 03:39:40 +0000

As usual, the Democrats had to give into the Republicans' need to add pork. I am sorry this had to be the case. Clearly the Senate and House members are worried about their political futures.

Tax breaks for corporations and letting banks leave their losses off the books – republican pork.

I only hope that in January when Obama becomes President, he will be able to reign in some of that pork.

By: RRV

RRV — Thu, 02 Oct 2008 03:31:47 +0000

the day capitalism died!!! formally!! Taxpayers souls sold to Goldman Sachs

By: Charlotte

Charlotte — Thu, 02 Oct 2008 03:27:24 +0000

Oh and by the way, any Democrat with any sense at all will steer clear of that Keating Five business. Four of the five Senators involved, (up to their eyebrows,) were Democrats who took a lot more money from Keating then McCain, and none of them testified against Keating at his trial, with the exception of McCain.

By: Back in the US... Back in the US...Back in the USSR

Back in the US... Back in the US...Back in the USSR — Thu, 02 Oct 2008 03:26:24 +0000

Okay...Let me see if I have this right:

We're using socialism to save a failed, corrupt capitalist system?

And I have to pay for this... Why???

By: Chuck

Chuck — Thu, 02 Oct 2008 03:24:05 +0000

George Bush has been in office for 7-1/2 years. The first six years the economy was fine.

A little over Two years ago:

1) Consumer confidence stood at a 2-1/2 year high;
2) Regular gasoline sold for $2.19 a gallon;
3) The unemployment rate was 4.5%;
4) The DOW JONES hit a record high — 14,000 + ;
5) American’s were buying new cars, taking cruises, vacations o’seas, living large!…

But American’s wanted ‘CHANGE’! So, in 2006 they voted in a Democratic Congress and yep –
we got ‘CHANGE’ all right.

In the PAST 2 YEARs:

1) Consumer confidence has plummeted;
2) Gasoline is now over $4 a gallon & climbing;
3) Unemployment is up to 6% (a 10% increase);
4) Americans have seen their home equity drop by $12 TRILLION DOLLARS & prices are still dropping;
5) 1% of American homes are in foreclosure.
6) As I write, THE DOW is probing another low ~~ 11,100–

By: earth cruiser

earth cruiser — Thu, 02 Oct 2008 03:21:36 +0000

Vot-em OUT all of them. We need a new congress . These greedy blood suckers ladled that bailout with 150B more in PORK favors for one another. They couldn't put out a clean bill for the sake of thepublic welfare. Gridlock is still with us even in hard times. Those old 3, 4, 5 term jerks just live off us like a tick.
Let's put all new people in congress, If we don't take back government from goverment, the Mayan calendar may come true the end will be 2012.
Vot-em OUT Now!!!!

By: Ron

Ron — Thu, 02 Oct 2008 03:21:21 +0000

The government didn't learn anything for the crash of the 1920's,they enacted laws to keep that from happening again,but special interest and big banks got it repealed. History repeats itself again,they gambles and lost but we will be paying the bill will there coffers are refilled.

There is a quote attributed to Benjamin Franklin who probably saw this day coming. “When the people find they can vote themselves money, that will herald the end of the republic.” To bad we don't have representatives in Washington that have the wisdom those men did. All they care about is getting reelected and living off our backs.

By: The Political Stray

The Political Stray — Thu, 02 Oct 2008 03:20:39 +0000

Public opinion was running over 90% against this bailout. Anyone want to tell us that the lobbyists aren't running this country?

Un-blanking-believable..

Oddly, people still were getting credit – the lending people really scored. Amazing if you think about what they've done to the public these last few years.

Considering this mess was largely due to Congressional neglect, maybe they shouldn't be in charge of any investigations? Duhh.

Throw all the bums out. Streamline impeachment.

Outlaw lobbying.

Make lying or damaging the public body illegal.

By: Mrs. Texas Teacher

Mrs. Texas Teacher — Thu, 02 Oct 2008 03:19:17 +0000

RHA.... I have to agree.. somehow someway, they always seem to bring it back to the Democrats. They have been in power for 8 years with a majority in Congress for 6 of those years, but it is still all the Democratic congress.... or don't let me forget... Bill Clinton! These people cannot accept responsibility for their dirty laundry... which is now hanging out to dry! So now we bail them out.... and these are the people who want to make the tax cut for the wealthiest 5% of this country permanent? Oh, yes..... surely McCain does not think we forget so easily? Seriously! We are sick of dirty politics that only favor the wealthy!

By: BK

BK — Thu, 02 Oct 2008 03:18:11 +0000

Obama did nothing, except take money from Frannie just like Dodd. Where is the article about the monarator tomorrow night for the vp debate? Gwen Ifill is a Obama supporter and is writing a book about Obama. She stands to make a lot of money if Obama is elected. This is an outrage and a conflict of interest.
Cnn did you tell everyone Obama has no economic experience what so ever.
Obama-Acorn trained staff to sign people up to vote, voter fraud some are already in jail. In your face tactics. Also forced banks to make risky loans.

Obama-Chicago eliminating his opponents, so he was the only one running.
Obama- caucauses yelled and called people racist.
Obama- Obama no revote for Michigan, because he knew he would lose.
Obama-Ohio slick Chicago thug lawyer gets Ohio to vote a month early.
See a pattern here with people's votes?
Your news is biased, no wonder your ratings are dropping.

By: Dax

Dax — Thu, 02 Oct 2008 03:18:06 +0000

Why won't you post my comments? Can you answer that. I would like to participate!

By: pp

pp — Thu, 02 Oct 2008 03:17:41 +0000

I HOPE THIS PLAN WORKS OUT BETTER THEN SARAH PALIN.

By: Trollmaster

Trollmaster — Thu, 02 Oct 2008 03:17:15 +0000

It's best to do a less costly band aid solution for now and address this problem when we have a real president. With W Bush at the helm, our nation right now is leaderless.

By: It Had To!

It Had To! — Thu, 02 Oct 2008 03:15:01 +0000

Whether we like it or not, this "Rescue Plan" (aka bailout) had to happen.

...and yes, McCain still receives my vote...