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disrupter
10-03-2008, 05:09 PM
Well folks, Bush & his Wall Street Gangsters have done it again.

The house, after a moment of spine on Monday has caved, again, to Bush's fear, hysteria & pork tactics.

And guess who caused this mess?
Paulson & about four or five other Investment bankers who begged & pressured the SEC in 2004 to alter the 'Net Capital Rule'. They reduced the capital requirements on all their risky ventures to 33 to 1.

When these Gamblers got caught throwing money at conglomerated mortgage paper garbage & went bankrupt they are ready to bleed the taxpayer dry with a bailout that rescues them at everyone else's expense.

Only get this, the price tag went from 700 Billion to 850 Billion so there was enough pork to soften Congress's spine.

For the Record this is how they voted in the House of Representatives:

House Roll Call: How they voted on bailout bill

By The Associated Press; Turd of October, 08

The 263-171 roll call Friday by which the House approved a $700 billion government bailout bill for the battered financial industry.

A "yes" vote is a vote to pass the bill.

Voting yes were 172 Democrats and 91 Republicans.

Voting no were 63 Democrats and 108 Republicans.

X denotes those not voting.

There is 1 vacancy in the 435-member House.

ALABAMA

Democrats — Cramer, Y; Davis, Y.

Republicans — Aderholt, N; Bachus, Y; Bonner, Y; Everett, Y; Rogers, Y.

ALASKA

Republicans — Young, N.

ARIZONA

Democrats — Giffords, Y; Grijalva, N; Mitchell, Y; Pastor, Y.

Republicans — Flake, N; Franks, N; Renzi, N; Shadegg, Y.

ARKANSAS

Democrats — Berry, Y; Ross, Y; Snyder, Y.

Republicans — Boozman, Y.

CALIFORNIA

Democrats — Baca, Y; Becerra, N; Berman, Y; Capps, Y; Cardoza, Y; Costa, Y; Davis, Y; Eshoo, Y; Farr, Y; Filner, N; Harman, Y; Honda, Y; Lee, Y; Lofgren, Zoe, Y; Matsui, Y; McNerney, Y; Miller, George, Y; Napolitano, N; Pelosi, Y; Richardson, Y; Roybal-Allard, N; Sanchez, Linda T., N; Sanchez, Loretta, N; Schiff, Y; Sherman, N; Solis, Y; Speier, Y; Stark, N; Tauscher, Y; Thompson, Y; Waters, Y; Watson, Y; Waxman, Y; Woolsey, Y.

Republicans — Bilbray, N; Bono Mack, Y; Calvert, Y; Campbell, Y; Doolittle, N; Dreier, Y; Gallegly, N; Herger, Y; Hunter, N; Issa, N; Lewis, Y; Lungren, Daniel E., Y; McCarthy, N; McKeon, Y; Miller, Gary, Y; Nunes, N; Radanovich, Y; Rohrabacher, N; Royce, N.

COLORADO

Democrats — DeGette, Y; Perlmutter, Y; Salazar, N; Udall, N.

Republicans — Lamborn, N; Musgrave, N; Tancredo, Y.

CONNECTICUT

Democrats — Courtney, N; DeLauro, Y; Larson, Y; Murphy, Y.

Republicans — Shays, Y.

DELAWARE

Republicans — Castle, Y.

FLORIDA

Democrats — Boyd, Y; Brown, Corrine, Y; Castor, N; Hastings, Y; Klein, Y; Mahoney, Y; Meek, Y; Wasserman Schultz, Y; Wexler, Y.

Republicans — Bilirakis, N; Brown-Waite, Ginny, N; Buchanan, Y; Crenshaw, Y; Diaz-Balart, L., N; Diaz-Balart, M., N; Feeney, N; Keller, N; Mack, N; Mica, N; Miller, N; Putnam, Y; Ros-Lehtinen, Y; Stearns, N; Weldon, Y; Young, N.

GEORGIA

Democrats — Barrow, N; Bishop, Y; Johnson, N; Lewis, Y; Marshall, Y; Scott, Y.

Republicans — Broun, N; Deal, N; Gingrey, N; Kingston, N; Linder, N; Price, N; Westmoreland, N.

HAWAII

Democrats — Abercrombie, Y; Hirono, Y.

IDAHO

Republicans — Sali, N; Simpson, Y.

ILLINOIS

Democrats — Bean, Y; Costello, N; Davis, Y; Emanuel, Y; Foster, Y; Gutierrez, Y; Hare, Y; Jackson, Y; Lipinski, N; Rush, Y; Schakowsky, Y.

Republicans — Biggert, Y; Johnson, N; Kirk, Y; LaHood, Y; Manzullo, N; Roskam, N; Shimkus, N; Weller, Y.

INDIANA

Democrats — Carson, Y; Donnelly, Y; Ellsworth, Y; Hill, N; Visclosky, N.

Republicans — Burton, N; Buyer, N; Pence, N; Souder, Y.

IOWA

Democrats — Boswell, Y; Braley, Y; Loebsack, Y.

Republicans — King, N; Latham, N.

KANSAS

Democrats — Boyda, N; Moore, Y.

Republicans — Moran, N; Tiahrt, N.

KENTUCKY

Democrats — Chandler, N; Yarmuth, Y.

Republicans — Davis, N; Lewis, Y; Rogers, Y; Whitfield, N.

LOUISIANA

Democrats — Cazayoux, N; Jefferson, N; Melancon, Y.

Republicans — Alexander, Y; Boustany, Y; McCrery, Y; Scalise, N.

MAINE

Democrats — Allen, Y; Michaud, N.

MARYLAND

Democrats — Cummings, Y; Edwards, Y; Hoyer, Y; Ruppersberger, Y; Sarbanes, Y; Van Hollen, Y.

Republicans — Bartlett, N; Gilchrest, Y.

MASSACHUSETTS

Democrats — Capuano, Y; Delahunt, N; Frank, Y; Lynch, N; Markey, Y; McGovern, Y; Neal, Y; Olver, Y; Tierney, Y; Tsongas, Y.

MICHIGAN

Democrats — Conyers, N; Dingell, Y; Kildee, Y; Kilpatrick, Y; Levin, Y; Stupak, N.

Republicans — Camp, Y; Ehlers, Y; Hoekstra, Y; Knollenberg, Y; McCotter, N; Miller, N; Rogers, N; Upton, Y; Walberg, N.

MINNESOTA

Democrats — Ellison, Y; McCollum, Y; Oberstar, Y; Peterson, N; Walz, N.

Republicans — Bachmann, N; Kline, Y; Ramstad, Y.

MISSISSIPPI

Democrats — Childers, N; Taylor, N; Thompson, N.

Republicans — Pickering, Y.

MISSOURI

Democrats — Carnahan, Y; Clay, N; Cleaver, Y; Skelton, Y.

Republicans — Akin, N; Blunt, Y; Emerson, Y; Graves, N; Hulshof, N.

MONTANA

Republicans — Rehberg, N.

NEBRASKA

Republicans — Fortenberry, N; Smith, N; Terry, Y.

NEVADA

Democrats — Berkley, Y.

Republicans — Heller, N; Porter, Y.

NEW HAMPSHIRE

Democrats — Hodes, N; Shea-Porter, N.

NEW JERSEY

Democrats — Andrews, Y; Holt, Y; Pallone, Y; Pascrell, Y; Payne, N; Rothman, N; Sires, Y.

Republicans — Ferguson, Y; Frelinghuysen, Y; Garrett, N; LoBiondo, N; Saxton, Y; Smith, N.

NEW MEXICO

Democrats — Udall, N.

Republicans — Pearce, N; Wilson, Y.

NEW YORK

Democrats — Ackerman, Y; Arcuri, Y; Bishop, Y; Clarke, Y; Crowley, Y; Engel, Y; Gillibrand, N; Hall, Y; Higgins, Y; Hinchey, N; Israel, Y; Lowey, Y; Maloney, Y; McCarthy, Y; McNulty, Y; Meeks, Y; Nadler, Y; Rangel, Y; Serrano, N; Slaughter, Y; Towns, Y; Velazquez, Y; Weiner, Y.

Republicans — Fossella, Y; King, Y; Kuhl, Y; McHugh, Y; Reynolds, Y; Walsh, Y.

NORTH CAROLINA

Democrats — Butterfield, N; Etheridge, Y; McIntyre, N; Miller, Y; Price, Y; Shuler, N; Watt, Y.

Republicans — Coble, Y; Foxx, N; Hayes, N; Jones, N; McHenry, N; Myrick, Y.

NORTH DAKOTA

Democrats — Pomeroy, Y.

OHIO

Democrats — Kaptur, N; Kucinich, N; Ryan, Y; Space, Y; Sutton, Y; Wilson, Y.

Republicans — Boehner, Y; Chabot, N; Hobson, Y; Jordan, N; LaTourette, N; Latta, N; Pryce, Y; Regula, Y; Schmidt, Y; Tiberi, Y; Turner, N.

OKLAHOMA

Democrats — Boren, Y.

Republicans — Cole, Y; Fallin, Y; Lucas, N; Sullivan, Y.

OREGON

Democrats — Blumenauer, N; DeFazio, N; Hooley, Y; Wu, Y.

Republicans — Walden, Y.

PENNSYLVANIA

Democrats — Altmire, N; Brady, Y; Carney, N; Doyle, Y; Fattah, Y; Holden, N; Kanjorski, Y; Murphy, Patrick, Y; Murtha, Y; Schwartz, Y; Sestak, Y.

Republicans — Dent, Y; English, N; Gerlach, Y; Murphy, Tim, N; Peterson, Y; Pitts, N; Platts, N; Shuster, Y.

RHODE ISLAND

Democrats — Kennedy, Y; Langevin, Y.

SOUTH CAROLINA

Democrats — Clyburn, Y; Spratt, Y.

Republicans — Barrett, Y; Brown, Y; Inglis, Y; Wilson, Y.

SOUTH DAKOTA

Democrats — Herseth Sandlin, N.

TENNESSEE

Democrats — Cohen, Y; Cooper, Y; Davis, Lincoln, N; Gordon, Y; Tanner, Y.

Republicans — Blackburn, N; Davis, David, N; Duncan, N; Wamp, Y.

TEXAS

Democrats — Cuellar, Y; Doggett, N; Edwards, Y; Gonzalez, Y; Green, Al, Y; Green, Gene, N; Hinojosa, Y; Jackson-Lee, Y; Johnson, E. B., Y; Lampson, N; Ortiz, Y; Reyes, Y; Rodriguez, N.

Republicans — Barton, N; Brady, Y; Burgess, N; Carter, N; Conaway, Y; Culberson, N; Gohmert, N; Granger, Y; Hall, N; Hensarling, N; Johnson, Sam, N; Marchant, N; McCaul, N; Neugebauer, N; Paul, N; Poe, N; Sessions, Y; Smith, Y; Thornberry, Y.

UTAH

Democrats — Matheson, N.

Republicans — Bishop, N; Cannon, Y.

VERMONT

Democrats — Welch, Y.

VIRGINIA

Democrats — Boucher, Y; Moran, Y; Scott, N.

Republicans — Cantor, Y; Davis, Tom, Y; Drake, N; Forbes, N; Goode, N; Goodlatte, N; Wittman, N; Wolf, Y.

WASHINGTON

Democrats — Baird, Y; Dicks, Y; Inslee, N; Larsen, Y; McDermott, N; Smith, Y.

Republicans — Hastings, N; McMorris Rodgers, N; Reichert, N.

WEST VIRGINIA

Democrats — Mollohan, Y; Rahall, Y.

Republicans — Capito, N.

WISCONSIN

Democrats — Baldwin, Y; Kagen, N; Kind, Y; Moore, Y; Obey, Y.

Republicans — Petri, N; Ryan, Y; Sensenbrenner, N.

WYOMING

Republicans — Cubin, Y.http://news.yahoo.com/s/ap/house_rollcall_financial_meltdown;_ylt=A0WTUffrc.Z IiykB9gKs0NUE

Bailout? 850 Billion
Congress? Spineless!

BlackAsCoal
10-03-2008, 05:25 PM
It isn't just Bush's bill anymore .. Bush doesn't have enough power and influence left to make his dog come to him. This bill belongs to Wall Street and the minions they pay to do their bidding .. which includes Barack Obama, who has taken more money from Wall Street than McCain.

SeedyROM
10-03-2008, 07:03 PM
Obama pandered in speech for the money on the Senate floor. This Bill is more pathetic today than it was on Monday. Thank God we can invest in American Somoa and the Rum manufacturers. We're gonna need a drink this weekend.

McCain and Obama should have voted no just to show voters they stand with the public opinon this time.

hdmarketing
10-04-2008, 11:58 AM
Well folks, Bush & his Wall Street Gangsters have done it again.

The house, after a moment of spine on Monday has caved, again, to Bush's fear, hysteria & pork tactics.

And guess who caused this mess?
Paulson & about four or five other Investment bankers who begged & pressured the SEC in 2004 to alter the 'Net Capital Rule'. They reduced the capital requirements on all their risky ventures to 33 to 1.

When these Gamblers got caught throwing money at conglomerated mortgage paper garbage & went bankrupt they are ready to bleed the taxpayer dry with a bailout that rescues them at everyone else's expense.

Only get this, the price tag went from 700 Billion to 850 Billion so there was enough pork to soften Congress's spine.

For the Record this is how they voted in the House of Representatives:

House Roll Call: How they voted on bailout bill

By The Associated Press; Turd of October, 08

http://news.yahoo.com/s/ap/house_rollcall_financial_meltdown;_ylt=A0WTUffrc.Z IiykB9gKs0NUE

Bailout? 850 Billion
Congress? Spineless!

Hey Numbnuts...
Last I saw, YOUR BOY Osama was pushing this as hard as he could.
Plus Pelosi and the Congress Crime Gang.
Don't just blame Bush, although he is also a numbnuts for signing, this bill (now law) was your little puppets too.

asroc
10-04-2008, 12:07 PM
Can't help but notice McCain voted yes with Obama. I guess that's leadership.

Smurf-Herder
10-04-2008, 12:28 PM
Can't help but notice McCain voted yes with Obama. I guess that's leadership.

It's a bad bill, but better than no bill.

Already there are stories of businesses not being able to get regular revolving credit loans, for renovation, maintaining stock and meeting payroll. BTW, notice how many Democrats voted for the increased amount of the bill compared to Republicans.

The added 150 billion shows how corrupt DC is; without real reform. And I don't hear too much talk of reform coming from Obama and Biden.

In fact, where were Chris Dodd, Chairman of the Senate Banking Committee and Barney Frank, Chairman of the House Financial Services Committee while this was building up to the present crisis?

Oh yeah, they were getting huge financial contributions and sweetheart deals, while saying the system was sound and stonewalling Republican calls for banking reform.

Crumbling Financial Giants Gave Generously To Dodd

http://www.courant.com/news/politics/hc-dodd0929.artsep29,0,3321771.story

asroc
10-04-2008, 12:33 PM
Your argument is essentially that the bill needed more garbage attached to it before enough House GOP would vote for it. Not a winning tactic.

hdmarketing
10-04-2008, 12:44 PM
Can't help but notice McCain voted yes with Obama. I guess that's leadership.

Yes, I agree.

But my point was aimed ar Bardi trying to push this off on Bush.

disrupter
10-05-2008, 07:15 AM
Paulson with 4 or 5 other Investment bankers caused this market collapse.

Bush & Paulson drummed up hysteria to ram it through congress,

& with enough pork, it worked.

Time to vote Barr, McKinney or Nader.

Screw these Dem & Republican traitors to America.

'Bipartisanship' includes Democrats & Republicans But it leaves the American people out in the cold.

Time for some people partisanship for a change.

travelnook
10-05-2008, 07:35 AM
Your argument is essentially that the bill needed more garbage attached to it before enough House GOP would vote for it. Not a winning tactic.

Exactly. Their doing it for their own interests first, before everyone else's.

Smurf-Herder
10-05-2008, 11:16 AM
Obama pandered in speech for the money on the Senate floor. This Bill is more pathetic today than it was on Monday. Thank God we can invest in American Somoa and the Rum manufacturers. We're gonna need a drink this weekend.

McCain and Obama should have voted no just to show voters they stand with the public opinon this time.

Not passing something would have sent the smaller banks into free-fall; affecting businesses and everyday citizens.

I don't agree with the 150 billion added pork. Although some items were extensions for already existing tax breaks, it's not right that everything was bundled together with what should have been a clean bill, based on it's own merits.

Smurf-Herder
10-05-2008, 11:20 AM
Your argument is essentially that the bill needed more garbage attached to it before enough House GOP would vote for it. Not a winning tactic.

More DNC too.

And I don't think anything should have been added. Basically, Reps and Dems who were up for re-election were scared to vote for it. And in some cases the added items gave them an excuse, to bring back to their state constituancies.

Smurf-Herder
10-05-2008, 11:28 AM
Paulson with 4 or 5 other Investment bankers caused this market collapse.

Bush & Paulson drummed up hysteria to ram it through congress,

& with enough pork, it worked.

Time to vote Barr, McKinney or Nader.

Screw these Dem & Republican traitors to America.

'Bipartisanship' includes Democrats & Republicans But it leaves the American people out in the cold.

Time for some people partisanship for a change.

This was a setup:

ACORN - who was behind pressuring sub-prime loans, and Obama, Dodd and Frank, who supported ACORN activities and wanted to use it for political gain; as well as monetary benefits.

And the Investment bankers wanting to make money, on the circumstances that Dodd, Frank and ACORN forced them into.

If you go back a couple years, you'll see the Republicans pushing reform, while Dodd and Frank stonewalled, saying the system was sound.

There is no "hysteria" - they truly screwed up the system and left no choice.

Google it.

Dale escondido
10-05-2008, 11:53 AM
Loans are still available to credit worthy indivuals and business,
This was about making sure moey is available for those who dont deserve it.
AND THE BEAT GOES ON.
We must like getting fucked.

disrupter
10-06-2008, 12:01 AM
Smurf is consistent,
consistently full of shit.

These subprime loans were pushed by WALL STREET.
So they could make more of this bizzaro mortgage backed paper/bonds.
These things were so convoluted they hired physicists to calculate & organize them in a desperate attempt to reduce risk.

What a bunch of sick vipers, trying to pretend this is the product of humanitarians.

This disaster is the product of selfish, naked greed.

and btw it ain't over, by a long shot.
when the Fannie Mae & Freddie Mac auctions are held on monday Oct 6th & then perhaps worse the Lehman Bros auction is held on friday Oct 10th the shit is going to hit the fans, again.
Because more of these Credit Default Swaps are going to come due to their sellers.
Reports are that the Lehman auction could result in 350 billion dollars of default payments.

700 billion dollars goes up like smoke when there are 50 to 64 Trillion dollars of Credit Default Swaps outstanding.

and nobody even knows who or how much anyone is caught up for, because only each buyer & seller knows for each deal.

NO WONDER EVERYONE IS SCARED TO BLINDLY LEND,

THEY HAVE NO IDEA WHERE THE NEXT EARTHQUAKE WILL HIT,

THIS CRAP IS COMPLETELY UNREGULATED & NOT EVEN ALL THE DEALS ARE RECORDED IN A SINGLE CENTRAL REGISTRY.

What a fucking nightmare,
caused by a bunch of reckless, irresponsible, greedy SOBs on Wall Street.

disrupter
10-06-2008, 12:04 AM
Nightmare capitalism,

brought to you by unregulated, ruthless greed.

SeedyROM
10-07-2008, 06:28 PM
Not passing something would have sent the smaller banks into free-fall; affecting businesses and everyday citizens.

I don't agree with the 150 billion added pork. Although some items were extensions for already existing tax breaks, it's not right that everything was bundled together with what should have been a clean bill, based on it's own merits.

Smurfy, the Fed could have halted the stocks in failing banks. Then arrangments to sell the banks the same way Bear Sterns was sold could have reduced the bailout by allowing the strong to buy the weak. The executives wanted the cash so they could return to business as usual.

The pork was a waste, they touted it like this crap sweetened the deal. Most of the pork will benefit investors.

SeedyROM
10-07-2008, 06:31 PM
Your argument is essentially that the bill needed more garbage attached to it before enough House GOP would vote for it. Not a winning tactic.

Nearly twice as many Dems voted for the bailout. Looks like Dems
bought the pork, not the GOP.

Dems for the bailout 172, GOP only 91. So nearly twice as many
Dems were naive and foolish. Maybe it was Guilt Voting???