Wednesday, October 01, 2008

Economic Bailout Plan voting at 10 EST

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President George Bush says a government rescue plan for the U.S. financial system has been "improved" and he is confident it will pass the Senate Wednesday. Mr. Bush urged lawmakers to take the measure "very seriously" and to pass it to stabilize the financial system and keep Americans from losing more money.



Leaders in both parties, as well as private economic chiefs everywhere, said Congress must quickly approve some version of the measure to start loans flowing and stave off a potential national economic catastrophe.
The US Senate votes Wednesday on a revised 700-billion-dollar Wall Street bailout after the House of Representatives rejected the original package, sending shockwaves through global markets






Arianna Huffington: The Bailout Plan: Welcome to Economic Shock and ...
The Bailout Plan: Welcome to Economic Shock and Awe ... unfettered authority to execute the plan. Welcome to Economic ... voted republican in the past and plan on voting ...
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MyDD :: Americans Don't Favor the Bush Bailout
... will have approximately 10 weeks to present his new Economic Whatever plan. ... I hope for, and am voting for the ... This plan is crap, and only serves to bail out those firms that ...
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Deal on IMF voting formula likely in April | Markets | Bonds News ...
... to take an important step in giving emerging economic ... global financial institution by approving a new voting ... Lawmakers reject bailout plan; Buffett's "time bomb" goes off on ...
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Centre Co. Voting Machines Update
Do you agree with the defeat of the President's economic bailout plan? ... Centre Co. Voting Machines Update ... Monday, Jul 14, 2008 @05:24pm EST
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Jonathan Martin's Blog: McCain still not supporting administration's ...
... approaching 10 trillion!!!! American taxpayers cannot afford to bail out ... does understand economics and the gravity of the situation before us. His plan ... Sep 13 2008 - 7:10 AM EST
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Congress leaders optimistic on revived bailout
... Senate pushed toward passage Wednesday of a $700 billion financial industry bailout ... from both parties said they were hopeful that a new version of the rescue plan ... One House Republican who joined two-thirds of GOP lawmakers Monday in voting "no ...
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Source: Huffingtonpost.com
NewsDateTime: 6 hours ago

Polls: Obama Leads In Three Critical States
... stock market plunge as the House rejected a $700 billion financial bailout plan. ... and heightened confidence in the Illinois senator's ability to handle the economic ... his rival's trouble with working-class voters who question his liberal voting ...
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Source: Huffingtonpost.com
NewsDateTime: 6 hours ago

TARP, Baby!
They love him over there! ... P.S.: The failure of the bailout in the House today helps Obama, no? The longer economic ... makes at least one good point about the Paulson bailout plan : ... the political rhetoric, racial factors affected voting ...
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Source: Slate
NewsDateTime: 10/1/2008

Letters to the Editor (Sept. 30)
Join me in voting yes for 02-65 that will provide space for Dial-A-Bus and Meals on ... It's twin pillars of economic and religious fundamentalism have brought us to ruin ... VH's stimulus plan won't solve the problem either, but it will help ordinary ...
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Source: Corvallis Gazette-Times
NewsDateTime: 9/30/2008

Archives » September 2008
... afternoon on Capitol Hill of the Bush Administration's $700 billion plan to bailout ... The ad is largely substantive--a sober two-minute synopsis of Obama's economic plan ... And once the vote was under way and so few Republicans were voting aye ...
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Source: Newsweek Blog
NewsDateTime: 9/30/2008




The Senate is considering a revised version of a $700 billion plan that the House of Representatives rejected on Monday. Mr. Bush said another House vote is set for Friday morning. The new plan is said to include provisions to raise the limit on government insurance for bank deposits, and offer tax breaks for individuals and businesses. Senate Democratic leader Harry Reid told journalists he is confident the changed bill will attract votes from both parties. Republican Senate leader Mitch McConnell said Senate approval will make it easier to get the measure through the House. The revised plan is aimed at winning the support of different groups of lawmakers in the House of Representatives who voted against the original plan. Some objected to using taxpayers' money to buy bad investments from investment firms, and disliked government intrusion into business. Others opposed the plan because they saw it as a bailout of wealthy investors at the expense of ordinary people. The House of Representatives vote against the plan Monday triggered a $1 trillion sell-off on U.S. stock markets. Markets recovered most of the loss on Tuesday when investors thought Congress might work out a compromise and eventually pass a rescue plan.






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Published on: 9/22/2008 8:03:52 PM
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Published on: 9/25/2008 11:25:46 AM