Who were the 6 Senators that voted "No"?

They look like they will be out of a job...LOL!

In this case George is right. People can't afford to pay their mortgages because the price of homes is too high. Throwing hundreds of billions of dollars of gov money at the problem will just keep the prices high so that the problem hangs on year after year. The taxpayer will pay for this stupidity.

Once again in an election year, the Republicans are racing to keep up with the Democrats to see who can spend more taxpayer money. Specifically, for a bail out which will encourage more reckless behavior from lenders and borrowers who will now experience no bad consequences for their short-sighted decisions.

Who cares about the housing problem...it's over anyway, there is nothing that can be done. Americans are going to have to do what they always did...look out for themselves. It's over.

There is no one to blame but the American public who has allowed (for years) politicians to say and do what ever they wanted to in plan sight with little to no since of accountability. THIS IS A REPUBLIC people, your Government will only do what you the people allow it to.

A bail out for the building and real estate industry and artificially supporting home prices is not the solution for the housing crisis. The solution to the housing crisis is lower home prices. There are plenty of people that would buy homes at lower prices. The fact is, home prices got disconnected from fundamentals and they are in the process of re-aligning with fundamentals by prices falling to sustainable levels. If there is a debate at all, it should be over who should take the hit for the price correction. Well, here’s a concept: how about the person that said “yes, I’ll buy this overpriced house and I’ll commit to make the payments at x dollars per month” Privatizing profits and socializing risk is wrong. We should not be penalizing the savers and prudent who provide some of the investment dollars that the government needs to borrow in order to operate and pay for more foolish schemes like this. The savers of our society have had their purchasing power decimated, via a falling dollar brought about by a weak Fed that has been giving in to political pressure.

How about this: The big banks that caused most of this with their greed should pay the whole bill. The executives of these organizations should have ALL their assets seized and turned over to the people who bought houses through misrepresentation - and let the government lend the HOMEOWNERS (not the corporations) the money to pay back the mortgages with to the mortgage companies with employees in charge - not the greed-head execs that messed up this whole thing in the first place; and force government to be responsible enough to REGULATE the housing industry in favor of the average person so this kind of thing does NOT happen again. Democrats are as much to blame as Republicans on this one.