Well its too late to be anything about this bill. It's passed, no matter what the american people think or say they passed it. The world is more than likely laughing thier A$$es off at us. Our own Goverment won't work for us, they do whatever they want... And it will be allowed like everything else has been. On election day the same people that voted for this bill when they were being told not to will be re-elected...

Well, well, well... what an interesting couple of weeks. Guess this thing has been going on for a while.  The ???? party tried to reel in Freddie & Fannie from 2004 until recently.  Lets see... if this could have been regulated four + years ago maybe this whole situation could have been avoided or at least minimalized.  Check out the link... you will never believe who was asking for bigger government and what that would have done to "CHANGE" our current economic course.

Forgot to attach the most important part for my fellow Americans

The government better keep training troops cause the way this thing is headed they are in for one heck of a civilian uprising, don'tcha know.

The Government, Dubya, Clinton, Reagan, Bush, Carter, Democrats, Repulicans, Christians, The Whites, The Blacks, The Hispanics, Illegal Aliens, Wallstreet, Big Oil, Big Business, etc. etc. - At what point in time will "We The People" stop the blamestorming and realize the reality - WE continue to accuse the same folks(just different timing) and by doing that "We The People" continue to get the SAME outcome.  This IS the definition of insanity!  Please take a personal moment in your life and THINK.  What is it that "I" can do different that will produce the outcome that "We The People" soooooo desire.  "We The People" MUST accept responsibility for OUR actions that produce the outcomes we experience.  Join me in using our collective knowledge, our hopes, our desires, our dreams and let's "We The People" begin a different journey to produce a different outcome.  WE ARE THE GOVERNMENT!  We put these folks in office to run OUR country.  Why do we continue to point to the proverbial "THEM" or "THEY" - they and them are a product of "US" and our actions OR inaction which ever the case may be.  I challenge each and everyone of you - my fellow brothers and sisters in America to seize this opportunity before us.  We do not need a Barack Obama OR a John McCain to bring CHANGE.  Let US, THE PEOPLE change.  If we change then I promise you - SO WILL EVERTHING ELSE.  Please have courage.  Stop listening to the programming - what can my one little vote do?, how will my opinion matter? I'm just one person, I can't make a difference. 

YOU Change and therefore WE change and therefore AMERICA changes.  The United States of America is in the palm of your change.  Do you really believe what you believe is really real?  We are Americans.  We live in the most powerful and free nation on earth yet we act as though ALL THIS STUFF is happening to us.  We ARE the catalyst for ALL that is happening.  And WE are the catalyst for change.  Thank you for reading my comments. 

May God Bless You All,

Bondservant :) 

what can i say? ripped off by wall street! betrayed by capital hill. So... what's new?

STICK A FORK IN IT...TOO MUCH PORK!!!!!!

Bondservant,

WE ARE THE GOVERNMENT!  We put these folks in office to run OUR country.  Why do we continue to point to the proverbial "THEM" or "THEY"

Because we're not so sure that this is true anymore. 

I agree. When I heard the news tonight that it passed and my wife told me, the first thing I said to her I wonder who's pocket are getting lined right now. I think Bush and his cronys are all going to get rich off this and my pitiful 401K goes down the toilet anyway. This is not going to help anything and there will be a depression in the near future, except for those who gain from this Bailout.

They raised the FDIC from $100,000 to $250,000, well guess who has that kind of money in the bank anyway.

With all the election scams lately, and starting in 2000 with the Supreme Court telling us who the president was going to be, no one trusts that their votes count for anything anymore. 

I think that if Obama wins the popular but loses the electoral, there will be roits on the scale this country, possibly the world, has never seen.

Bondservant, I'm sure the bankers who benefit from this crime would be amused by your idealistic message of personal empowerment.  I suppose on one level, yeah, we should all be responsible for our actions.  But the big picture is so much different.  With the overwhelming majority of Americans opposing this bailout scam, the fact is that our representatives turned a deaf ear to what we wanted and caved.  It's crystal clear now, they truly don't represent us, they represent their own monetary interests, those of big business.  Middle class be damned.

House Builder, you can bet most everyone who voted no the first time got an earmark and voted yes the second time.  It happened in both houses and I feel that anyone who changed their vote or got a benefit from the bill should be removed from office and especially in the house you have a chance because they are all up for re-election.  All you need to do is compare who voted no and changed their vote and if their area benefited.

Our Congress is so bad and needs to be changed.  Obama explained his vote and it was a reluctant vote, McCain voted yes then turned around and told the President to veto it.  What kind of courage is that, what kind of leadership?

I think there was a lot of CYA going on with the passage of this monster that is loaded with pork if you are incumbent you will not get my vote and Obama is the guy I am going with for President.  I am going to hope that this will change the direction that this Country is going in.

Mr. Marty Wolk, I have a question for you:

The House Friday passed a $700 billion plan to rescue the financial industry

IMHO, this is why people don't trust the media. The truth is that the House passed a $850 billion dollar plan, $150 billion of which was pure pork! Why didn't you report that, right here in this column? Why isn't the media, just like citizens, up in arms over this travesty of justice? Why doesn't anyone and everyone in the media cry foul?

If our economy is in such dire shape, how is adding another $150 billion dollars in ridiculous earmarks and tapayer debt going to help? It is exactly this sort of underhanded b.s. dealings that make the public so cynical about both the press and our elected officials.

Explain yourself, please.

You are correct.  It failed in Japan.  It also failed right before the great depression in this country.  It didn't work then.  It won't work now.

anyone posting on here that filed for bankruptcy in the past 18 months, or let a house go back, or defualted on a heloc, credit card or car loan due to financial mismanagement (be honest with yourselves) had just as big of a part in the mess we're in now as wall street. no one was complaining when credit was easy to come by and we were living way beyond our means. sure there were some that saw the writing on the wall and warned about the bubble bursting but those warnings were largely ignored. i agree that wall street should be held accountable for their actions and their part in unregulated predatory lending, but what about the reckeless borrowing and spending by the american people? the reason the economy is crashing is becuase the economies and financial markets of the world run on credit, there is no more money to lend because the banks are stuck with the bad, unsellable debt, so they can't free up equity, the reason this is bad unsellable debt is becuase we are not paying our bills, we are not paying our bills becuase we borrowed way more than we could afford and we knew it!     

I am finding it hard to believe that it will work, why would an average American care if they raise the FDIC to 250,000. The "average" american does not have that much to be ensured anyway.  Seems pretty fishy to me.

Kandg,

This FDIC increase is so that it loosens money up so that small business doesn't get caught without an ability to borrow for payroll.  Most people with small business  depend on a line of credit to do business especially in times like these.  They generally have a 30, 60 or 90 day laps in getting their accounts receivable and they have weekly out go of money. 

Banks have to keep enough money on hand to satisfy their deposits including what little bit we have, because we have a right to take that money out if we wish.  That is  why I understand that advantage of raising the FDIC limit.

For Marty Wolk.http://www.zeitgeistmovie.com

Not only that but they have caused so much debt to be paid by our children and our children's children. This is a freakin joke, our own Goverment just flipped us the bird and dared us to do something about it. I don't know about the rest of you but I will be doing my part...

It's amazing to me the ignorance of blaming one person, one party. It's Bush's fault!...Gimme a break. There's enough blame to go all around. Both parties have blame here. If you didn't finish highschool please don't leave a comment.

Each of us must accept some responsibility. We love our easy credit, expensive cars and huge homes on tiny little lots. The real estate bubble, like any other bubble in history, has burst and our economy nearly collapsed as a result. The question now is, "how much pain, how much are we willing to sacrifice as Americans" to come together NOW....and drive real solutions.

Don't suppose Congress or the American people will take responsibility for any of this, would they? Our apathy and greed got us into this as surely as any President. Congress was partisan to the point of immobility and watched this happen. Those who did things responsibly are paying a huge price for those who lived off credit and chose short cuts instead of hard work.  Bravo! They got to take all of us down the toilet with them.  Smooth move.

The housin bubble was cause in great part by the Bush administration's Community Reinvestment Act of 2005.  Not only were sub-prime loans offered to people who could not afford them.  People with good credit were being pushed into subprime loans that actually qualified for prime loans.

Blame also rests with Clinton for repealing the Glass Steagal Act in 1999.

We can also lay blame with Reagan for deregulating the savings and loan industry in 1982. The Garn-St. Germain Depository Institutions Act of 1982

Deregulation is at the heart of this issue and has been a cancer on the U.S. economy for 25 years.

M-503 how do you explain this then: I qualified for a prime loan and took a subprime loan at one point and then....... I got myself out of it and back into a prime loan! So, isnt it logical to think that everyone has a choice? I wasnt being tied down or had my arm broken and had someone else making my decisions for me.... I did it myself!

Everyone who got into a subprime loan should have known what they were into and therfore are responsible for themselves getting out of it! If they chose it at the time and didnt read about it or looked into what "could have happened" ..... well, that is irresponsible!

It's amazing to me the ignorance of blaming one person, one party. It's Bush's fault!...Gimme a break. There's enough blame to go all around. Both parties have blame here.

Very true

DAREALBLACKMAN is right, I ask people that I work with if they voted for Bush, I always get the same answer, NO. Well, I say how did he win, and blackman hit it right on OIL, Big corporations and the rich.

M503, sorry but I will not take the blame for others lying, cheating and mis leading then standing there with thier hand out for me to put money in it.  I didn't lie about my income, I refused a variable interest rate because they are not even close to being a good idea, or interest only loans. I will take the blame for and pay for my mistakes but I do not feel like I should be responsible for other "adults" poor choices.

Agree:  Vote them ALL out.

Problem is: Those who have opposition in November were allowed to vote NO to cover their A...   Same thing happened in PA in July 05 when the legislature passed a midnight pay raise of 20-50 % for themselves, with Governeor Rendell signing it before the ink was dry.   Those in safe seats voted Yes  (Some were TOLD to vote YES, despite their objections and paid when they voted their concinse) and those who were in districts that were evenly dived were allowed to vote NO. 

This started a firestorm that led to its "Repeal" in November 05.  But the anger held and cost 3 of the leaders their seats.  54 new legislators were elected in November 06.  Time to start a US Clean Sweep.

Term limits are the ballot box and people should just take this responsibility serious and exercise it and that would be proper term limits.  Study who you are voting for and don't be afraid to remove some one you think should go.. 

My husband and I work hard for what we have.  We live paycheck to paycheck. My husband has not had a raise in 10 years, and now the gov. wants us to pay for this big screw up that we did not cause how stupid are these people.  I think if you screw up you fix it yourself!!!!Thanks Bush for raising my taxes and takin the food off of my table.

I'm sorry for your situation.  I'm curious how Bush raised your taxes?  Can you explain?

I agree. Find out here:

Oh noooooo!!!! We don't understand... We can't comprehend the magnitude of the situation... Like I ranted above, I will be voting against every incumbent on the ticket! They think since they have been in office for 15 or 20 years they are untouchable. And they have been right hopefully until now… They have been allowed to do whatever they want to make sure they get what they want for ever, I hope to god that when the time comes the American people send a clear message that what has been allowed for years is no longer kosher…

Question:

Can this bill be repealed? Can it be reversed in any way? Not that it will be but can it?

Did you get an answer?

You'll have to spell out the link.  They don't allow posting links.

clerk. house. gov /evs/2008/roll681 .xml

Next time you hear someone crying about the redistribution of wealth, remind them of this $700 Billion (soon to be a TRILLION+)  transfer of middle class wealth to the already well to-do!  Keep working your asses off, they need the money! What an absolute JOKE, and its on US!  The money SHOULD HAVE gone to the middle class taxpayer and small businesses, that would have solved the problem almost instantly.

Don't forget the Golden Rule: Ye who has the gold, makes the rules!  That means the middle class will fend for itself as usual. 

2005 data also shows that the top 300,000 Americans collectively enjoyed almost as much income as the bottom 150 million Americans. Per person, the top group received 440 times as much as the average person in the bottom half earned, nearly doubling the gap from 1980.

“If the economy is growing but only a few are enjoying the benefits, it goes to our sense of fairness,” Professor Saez said. “It can have important political consequences.” - Prof. Emmanuel Saez, the , Berkeley, economist who conducted this study with Prof. Thomas Piketty of the Paris School of Economics.

The analysis by the two professors showed that the top 10 percent of Americans collected 48.5 percent of all reported income in 2005.

That is an increase of more than 2 percentage points over the previous year and up from roughly 33 percent in the late 1970s. The peak for this group was 49.3 percent in 1928.

The top 1 percent received 21.8 percent of all reported income in 2005, up significantly from 19.8 percent the year before and more than double their share of income in 1980. The peak was in 1928, when the top 1 percent reported 23.9 percent of all income.

2005 data also shows that the top 300,000 Americans collectively enjoyed almost as much income as the bottom 150 million Americans. Per person, the top group received 440 times as much as the average person in the bottom half earned, nearly doubling the gap from 1980.

“If the economy is growing but only a few are enjoying the benefits, it goes to our sense of fairness,” Professor Saez said. “It can have important political consequences.” - Prof. Emmanuel Saez, the University of California Berkeley, economist who conducted this study with Prof. Thomas Piketty of the Paris School of Economics.

The analysis by the two professors showed that the top 10 percent of Americans collected 48.5 percent of all reported income in 2005.

That is an increase of more than 2 percentage points over the previous year and up from roughly 33 percent in the late 1970s. The peak for this group was 49.3 percent in 1928.

The top 1 percent received 21.8 percent of all reported income in 2005, up significantly from 19.8 percent the year before and more than double their share of income in 1980. The peak was in 1928, when the top 1 percent reported 23.9 percent of all income.

There has been a redistribution of wealth going on in this country since Reagan.  It's called trickle down economics.  And it has brought havoc on U.S. economy and industry. 

 The wealthy have continued to get more wealthy while the middle class has shrunk to poverty levels.  They have effectively sucked the U.S. treasury dry and left the middle class with the bills.  The redistribution of wealth has been occurring steadily for 25 years.

Wealth disparity hasn't been as obvious and egrigious since the 1920's.  We have to learn from history to keep these cycles from happening over and over.  See below:

2005 data also shows that the top 300,000 Americans collectively enjoyed almost as much income as the bottom 150 million Americans. Per person, the top group received 440 times as much as the average person in the bottom half earned, nearly doubling the gap from 1980.

“If the economy is growing but only a few are enjoying the benefits, it goes to our sense of fairness,” Professor Saez said. “It can have important political consequences.” - Prof. Emmanuel Saez, the University of California Berkeley, economist who conducted this study with Prof. Thomas Piketty of the Paris School of Economics.

The analysis by the two professors showed that the top 10 percent of Americans collected 48.5 percent of all reported income in 2005.

That is an increase of more than 2 percentage points over the previous year and up from roughly 33 percent in the late 1970s. The peak for this group was 49.3 percent in 1928.

The top 1 percent received 21.8 percent of all reported income in 2005, up significantly from 19.8 percent the year before and more than double their share of income in 1980. The peak was in 1928, when the top 1 percent reported 23.9 percent of all income.

By the time "it" trickles down to the poor, nothing is left but crumbs. Let them eat cake!

And then whom do we elect instead? Indeed, it's worth noting that when America had a lot less population than its current 306 million, it was able to produce heavyweight leaders like a Washington, a Lincoln, a Roosevelt, and, yes, even a Truman, to deal effectively with its crises, but now that it's imploding before our eyes and desperately needs a leader of that caliber, there's not a one of them from either of our two major parties for us to vote for.

You can vote for representatives outside these two parties.  There is the Green Party, the Libertarian Party, Independant Party, etc.  If you can't find one in your district ... run yourself. 

Grass roots efforts are stronger than ever.  Use this strong emotional response to this Bill in your favor and get these incumants voted out of office.

Remember, so did Obama!

Go to: clerk. house .gov /evs/2008/roll681 .xml

clerk. house. gov /evs/2008/roll681 .xml

You can find this info at campaignforliberty.com

Here is a link that lists them by state

http:// ap.google.com /article/ ALeqM5iE1r_DuYH2j4rBy8JqBaVQ40MiOQD93J6A400

Mine too!  campaignforliberty.com

Yep mines for Dr. Paul