"Though bailout package is approved, putting it into action may prove hard" By Jim Abrams, Associated Press | October 5, 2008
WASHINGTON - Getting the financial rescue through Congress may have been the easy part. Getting it to work may prove the tougher task.
(Blog author is outraged at this after having shit shoved down our throats)
After two weeks of anguishing debate, Congress passed and President Bush signed the enormous plan to save the financial industry and prop up the economy in hopes of avoiding an unthinkable free fall with Election Day just a month away.
Oh, so THAT'S WHY THEY DID IT! POLITICS!!!!!!!!!!!!
Treasury Secretary Henry M. Paulson Jr., at a meeting last month, shocked congressional leaders into action by warning of pending economic collapse without immediate federal intervention. After the climactic House vote on Friday, he said aides already were working out details and lining up advisers from outside the government so that the money could start flowing. The goal is to unfreeze credit markets.
Yeah, I AM SICK of the GOD-DAMN MSM LIES!!!!!!!!!!!!
See: U.S. Banks Driving Credit Crunch ON PURPOSE!!
Bush Administration Created Credit Crunch Crisis
Sigh.
Yup, your Zionist-controlled agenda-pushers are telling you the truth, the whole truth, and nothing but the truth -- NOT!!!!!!!!!!!
And YOU WONDER why I SWEAR and CURSE here?
Earlier, in his weekly radio address, the president spoke cautiously about the economy's future. "My administration will move as quickly as possible, but the benefits of this package will not all be felt immediately," he said. "The federal government will undertake this rescue plan at a careful and deliberate pace to ensure that your tax dollars are spent wisely."
Pfft! Is that what you have done re: the WAR PROFITEER LOOTING in IRAQ, asshole?!!!!!!!!
Please, please watch Iraq for Sale, readers!
House Speaker Nancy Pelosi, Democrat of California, said the bailout is intended to help address "the real pain felt by Mr. and Mrs. Jones on Main Street."
What a fucking GOD-DAMN LIAR that WHORE IS!!!!!!!!!!
See: The Wall Street Bailout Bought America Nothing
She is the first one to swing!
I think John McCain knows the right word to describe Pelosi.
Last Monday, despite pleas from Bush and his advisers and the support of congressional leaders, the House voted 228 to 205 to reject the plan. But the 95 Democrats and 133 Republicans who voted against the bill were responding to calls and messages from constituents demanding defeat of the plan. Many saw it as a $700 billion giveaway to Wall Street with average people getting no help.
Which is what it TURNED OUT TO BE, Globe!
Here is the complete list of TRAITORS to be HUNG, America:
Senate Passes Wall Street Looting Bill
Final Vote Results for Roll Call 674List of Representatives who Switched from "Nay" to "Yea"
Shortly before recessing for the election, senators approved legislation Wednesday that linked the rescue to extension of popular tax breaks for research and development, renewable energy, and victims of natural disasters. The $110 billion in additions included benefits parity for people with mental health problems. The Senate added the boost in the ceiling for bank deposits. Those extras swayed some House members. Others were swamped by calls warning of the consequences of inaction. --more--"
The LYING NEVER FUCKING ENDS from these shitters!
And you wonder why I am cursing and swearing here?
Do you?