Although I would love to say that the blame should be put on Bush, the reality is that the blame needs to spread all around, and mostly it is because of greed. Major investors looking to make more money, loan officers putting people into very risky loans, and charging them the most amount allowed by law for them, speculators looking to make a quick buck on real estate, and the banks who lowered their standards to make more loans.
I have been a mortgage loan officer for 10 years, and have seen the decline in standards that have precipitated the current problems, and although there are many others, this is clearly what is at the root of it.

It scares me to think people are this stupid to blame the Republicans for this mess, I guess if you dont educate yourself on the facts you cast blame in the wrong place.

The NY Times today says,

"Aides to Mr. Obama said he had NOT directly reached out to try to sway any House Democrats who opposed the measure."

Nearly every single member of the Congressional Black Caucus voted AGAINST the bailout!

Good Job rounding up those votes, Obama!

This is what to expect from an Obama administration: Expend no effort, make no sacrifices. Then dish out blame.

Will the bailout even remain a bailout after whatever talks to retool the bill to appease House Republicans? It will probably end up as a worthless waste of time...

http://www.political-buzz.com/

Stop playing the blame game, it is counterproductive. This was the entire reason that McCain should have stayed away from this during an election. No matter the outcome it will be highly politicized and contribute to partisanship and both sides have made it worse.

The mortgages that are still going through foreclosure need to be addressed. There should be a freeze on these, or at least an emergency renegotiation of the rates to prevent as many foreclosures as possible. Work with homeowners to pay what they can afford. This does not let homeowners who purchased bad loans off the hook and does not reward bad loan practices by bailing them out free of obligation. In the meantime it gives time for these loans to regain their value without costing taxpayers. Unfortunately this will only work if implemented soon.

obama mails it in

obama didnt suspend his campaign and say he was flying in to save the day and going ot get votes to save the bill

because the dems had all the votes they needed

the guy who did suspend his campaign and did take credit for the passing of hte bill evne though it failed a few hours after he released his statement

was john mccain

he wasnt going to campaign until we had a deal, he wasnt going to debate until we had a deal... i mean he was putting his country first

if it made him loose hte election he was going to get this done no matter what...

and he didnt, and still hasnt

will he suspsend his campaign again?

and hte black caucus didnt vote for it not only becaues they didnt need to, but they really wanted bankruptcy protection in the bill

but obama said it wouldnt work to put it on the bill because even more republicans woudlnt vote for it if that were the case

so they will be working on another bill after this one to help add some more tools to the tool box

I think some people should lay off fox news they are lying and twisting peoples mind!

Yesterday, Barack Obama blew up the bailout meeting at the White House, causing members of Congress to leave in a shouting match without a deal in what amounted to a political ambush of John McCain and Republicans.
Of course, Democrats are blaming everything on McCain and House Republicans, but the truth is Obama ruined the meeting.
Now, the truth is coming out about the Bogus Bailout. More than 100 economists signed a letter to Congress opposing the Bogus Bailout. And new reports indicate that Democrats are trying to add tens of billions in pork for pet liberal projects to the bailout.

Let see, Nancy Pelosi blames everything on the Republicans. I guess the last two years of fiscal spending which should be blames on the Republicans even thou the Dem's have control of the Senate that add all the pork spending in their district. During the Clinton Admin. the Dem's deregulated the bankning industry. I am sick and tired of the blame game just to get a candiate elected. My parents are in their mid 70's and have 400,000 in a savings account. They stand to lose 300,000 due to the greed in Washington & Wall Street & Financial Institutions CEO's that got greedy. That is their life savings. It is NOT their fault along with many other responsible Americans that did not over spend or extend their credit and put the ecomony in the present state. They will never ever see the return on their money that the current bail out plan contains. Let the economy correct it self and everyone suck it up and due without.

LAY OFF FOX NEWS THEIR LYING AND TWISTING TRYING TO SAVE MCCAIN THEY ARE NOT BEING HONEST WITH YOU JUST LIKE MCCAIN IS NOT BEING HONEST WITH YOU!!! PEOPLE WAKE UP!

"Nearly every single member of the Congressional Black Caucus voted AGAINST the bailout!
Good Job rounding up those votes, Obama!"

NEWS FLASH!!!
McCain got less than 1/3 of his white caucus to vote-didn't he fail to deliver?

DON'T PLAY THE RACE CARD.
Obama & McCain are running for president of all the people

The defeat of the bailout was a big surprise to editorial prostitute, George S. because they figured, like themselves, the political prostitutes in Congress would follow their corporate bosses and the international bankers that control them. While the outpouring of rage from Americans overwhelmed their representatives offices,(rumored to be 94% against this Wall Street Bailout)the vote was still close. The shell game was that the previous week a trillion dollar defense bill was passed.

Get ready for hyperinflation and the demise of the Federal Reserve Note (aka US Dollar).

George, I always have such respect for nonpartisan views and delivery. PLEASE..... check out the flood of communications into Congress from average Americans who don't want to bail out the great casino on Wall Street. A trillion dollars should be spent at levels closer to those who will hurt the most. Wall Street Tycoons need to figure out how to heal themselves.

What really happens with out this bail out package from the government? The rich don't get richer that is for sure. People begin to live within their means and realize that what they do have is what they were meant to have and quit living outside of their means. Even if the package were to be approved - who are we fooling. There never has been a "Trickle Down" affect. The only way money rolls is up hill into the pockets of those who already have enough and only want more. Let us learn to live with what we have, and not put more into the pocket's of the GREEDY. I say HECK NO to any buy out. Put the people back in their homes if the homes are still empty - that would be money well spent. Help those that really need the helping hand up - not those that are already up. Putting people back into their homes is what is going to restore the economy and give folks a real boost to do what is right in straightening out our own economy. Let a few banks fail and a few well to do's do without. Put the money in the homes of those that worked hard for the American Dream. Give them a HAND UP and not a HAND OUT!

Stop watching FOX news? You think there biased watch one of the other news ch. Here's a letter I sent to CNN.

I happened to scan the news channels when I came to Headline News and a Spanish looking man was talking about Gov. Palin. He seemed to continuously question Gov. Palins ability and experience to lead this country and made it sound like she was totally lost. I didn’t hear him say anything about the inexperience or incompetence that Obama has. He was quite obviously very biased in his attack on Palin to continuously attack her when she has far more experience than Obama has. He seems to think people are stupid and are not taking this vote serious. I think this news guy is the one that's lost. He must be if he thinks running a state government doesn’t take experience and shows competence. Why would anybody vote for an Arabic Muslim person? I take this vote dead serious. It’s no wonder only about 20% watch your news channel. How biased can you get? I’m not watching it.

The NY Times also said,

"Mr. Obama had said he was inclined to support the bill that failed Monday. But it remains an open question how much political capital he will seek to expend, or how invested he wants to become, in helping Democratic leaders win passage of a bill."

Now there's Decisive leadership.

Has anyone considered that maybe the home "owners" who foolishly took out mortgages that they had no hope of ever paying off might also share some blame? The people going into foreclosure should have thought it through before taking on these mortgages in the first place. The bankers would not have been able to over value these subprime loans if no one was doumb enough to take one out in the first place.

Nancy Pelosis speech had nothing to do with house republicans shunning a deal littered with goodies for left wing radical organizations. Having said that, her shrill, hysterical rambling was completely out of line.

Socialist Bailout Plan Attacks United States Constitution

The preamble of the United States Constitution: "We the people of the United States, in order to form a more perfect union, establish justice, insure domestic tranquility, provide for the common defense, promote the general welfare, and secure the blessings of liberty to ourselves and our posterity, do ordain and establish this Constitution for the United States of America."

Section I of the bailout bill: "Emergency Economic Stabilization Act of 2008, Section 2, Purposes: Provides authority to the Treasury Secretary to restore liquidity and stability to the US financial system and to ensure the economic well-being of Americans."

The Constitution promotes the general welfare of Americans. The bailout bill ensures economic well-being of Americans. There is an enormous difference. Our founding fathers never intended for government to guarantee or "ensure" anything. There is nothing in the Constitution about ensuring general welfare, only promoting it. The crisis is this bill bestows ultimate power to the Treasury Secretary to do whatever he wants to do to "ensure economic well-being." That is limitless power in the hands of one individual. That's socialism.

Keep in mind that anytime the government guarantees something, hold onto your wallets.

The political hacks created this "Crisis." Creating a "crisis" is the easiest way to manage the behavior of a frightened citizenry.

The buzzword during this election has been "change." This is terrorizing "change" like we've never seen.

Dorunda.com

Pelosi intentionally tanks economy, helps Barack.

People might save more money in thrifts and hometown banks if the government would just give every American a $1,000 tax break on the interest. Why are people taxed on the interest of their savings? The rates are so measly anyway. If folks could just take the first thousand of interest paid on a savings account and not have to pay taxes on it, people just MIGHT start saving again.

It's is a good thing we have life boats. Oops, not enough boats - we will have to leave the Captain and crew in the icy cold water. Do you thing that junior Officer, Obama, can stear a life boat. .....
http://thefiresidepost.com/2008/09/30/the-titanic-usa-is-sinking-passengers-are-in-life-boats/

That was the problem joel,people were to stupid,and now they want to say "wait the goverment is suppose to protect me from myself".Thats why so many are willing to vote for Obama he will protect me.Please

E-mail all the media outlets and let them know you're not going to take their lies anymore.

Most of the DEMS who had top cabinet positions were told they didn't have to vote yes for the bill.

Not one person should lose one dime in any bank or thrift or credit union -- even if they have a million dollars in it. Many people have their retirement savings in a savings and loan. 250,000 is still waaaaay too low. Each depositor should be able to have EACH account insured for a high amount, not just the total number of accounts. No wonder people are worried.

Bush's crew helped tip this mess. But the Brokers and changes in the market and how they were able to do biss is what has got us here. Untill the address the morgatge issue and drop the rates on the loans so people will continue makeing payments. This will never end.

The only reason this bill has failed is because the Dems want 20% of this money to guarantee the low incomes loans the Dems secured thru all the inside deals they made with Fannie Mae and Freddie Mac thru there buddies. Were asking the same people that created this mess to now clean it up, the Democrats. They blocked Bushes regulation bill in 2003 to tighten up on credit lenders and now you have people getting loans that didn’t even have a job. Way to go Dems! Crash the lending industry and now blame the Republicans. It’s the only way you do things. Watch your 401k sink to nothing.
You think I’m voting for a Democrat?

Posted by: angie
I think some people should lay off fox news they are lying and twisting peoples mind!

NO ANGIE - THEY ARE THE ONLY ONES GIVING YOU BOTH SIDES. LEFT AND RIGHT OF THE ISSUES.

Suspension of the mark to market does NOT need congressional vote.
That is already a power of SEC.
SEC Cox should get on the ball and do that TODAY.

Mp... are you serious? HA HA HA You are a bigot, and a hypocrit. Obama isn't an Arabic Muslim. Sarah Palin doesn't only lack morals, she lacks common sense and No... being the Mayor of a town of 9000 and then the Governor of our least populated state doesn't qualify her. So I guess I am a little fuzzy...
I'm a little confused. Let me see if I have this straight.....(hope I'm not offending anyone)

* If you grow up in Hawaii, raised by your grandparents, you're "exotic, different."

* Grow up in Alaska eating moose burgers, a quintessential American story.

* If your name is Barack you're a radical, unpatriotic Muslim.

* Name your kids Willow, Trig and Track, you're a maverick.

* Graduate from Harvard law School and you are unstable.

* Attend five different small colleges before graduating, you're well grounded.

* If you spend three years as a brilliant community organizer, become the first black editor of the Harvard Law Review, create a voter registration drive that registers 150,000 new voters, spend twelve years as a constitutional Law professor, spend eight years as a state senator representing a district with over 750,000 people, become chairman of the state senate's Health and Human Services committee, spend four years in the United States Senate representing a state of 13 million people while sponsoring 131 bills and serving on the Foreign Affairs, Environment and Public Works and Veteran's Affairs committees, you don't have any real leadership experience.

* If your total resume is: local weather girl, four years on the city council and six years as the mayor of a town with less than 7,000 people, twenty months as the governor of a state with only 650,000 people, then you're qualified to become the country's second highest ranking executive.

* If you have been married to the same woman for nineteen years while raising two beautiful daughters, all within Protestant churches, you're not a real Christian.

* If you cheated on your first wife with a rich heiress, and left your disfigured wife and married the heiress the next month, you're a Christian.

If you teach responsible, age appropriate sex education, including the proper use of birth control, you are eroding the fiber of society.

* If , while governor, you staunchly advocate abstinence only, with no other option in sex education in your state's school system while your unwed teen daughter ends up pregnant , you're very responsible.

* If your wife is a Harvard graduate lawyer who gave up a position in a prestigious law firm to work for the betterment of her inner city community, then gave that up to raise a family, your family's values don't represent America's.

* If you're husband is nicknamed "First Dude", with at least one DWI conviction and no college education, who didn't register to vote until age 25 and once was a member of a group that advocated the secession of Alaska from the USA, your family is extremely admirable.

OK, much clearer now.

This is an excellent post , I'm grateful to you , thanks a lot .

According to Reuters and NPR, the Asian markets have stablized and are rebounding and the European markets have stablized and are starting to rebound (look at France). Russian market drop was due to drop in the price of oil not US problem. The sky is not falling. NO BAILOUT, NO FAST TRACK VOTE. This is just a big market correction.

What part of the root of this problem (the bad mortgage loans) do the congress have a hard time wrappin their minds around? To me, the bailout, without consideration for Main Street and the root problem is like trying to build a home on quicksand. Remove the quicksand, replace it with some sort of solid foundation, then rebuild. Idiots!

I would like to learn more about Obama's role as a community organizer with ACORN, an organization that pressured banks to give high risk loans to low income applicants.

This bill should have failed, needed to be slapped down and congress was right to do so....

If this had ever been about buying up foreclosed homes I would have been first to shout hooray! let the gov do just that and stick all those displaced people from the hurricanes in them...

but this was never about foreclosed homes. They wanted to buy "Bad Debt"....

just what was that bad debt? CDO's FASB 157, Mark to Market, unsecured loans these big banks routinely make to each other. promissory notes nothing more, all of it totally worthless with no hope of ever repaying. this bill should have been ripped up and tossed in a fire! ...

If this bill had passed who would run this massive program? who would oversee manage administer to make it fair and equal? "OUT SOURCED" they said. they were going to give this money to the very same people who caused the problems and put them in charge of who gets a share... Ludicrous madness, toilet paper has more value than this bill! ...

To be sure there are many valid reasons this bill needed to be killed and made to stay dead...

but putting all that aside what has America in an uproar is simple classicism...

They were asking we little guys, ma and paw, normal red blooded American to pick up the tab for the top 3% income earners...they asked we little guys to dig into our pockets cut back on good programs like schools, hospitals, feeding the shut in and elderly, cut back on road projects and even our own pocket money in the form of a higher tax burden and for what??? So some CEO making $179,000 per hour can go back to business as usual?... I think not!...

My own congresswoman Heather Wilson voted "yea" for this bill. she should be brought to task for her answer right now! Vote of Non Confidence, censured, Made to sit in her office and do nothing but doddle until a replacement can be found!...
Normally I do not favor the will of the people, the common man has little real understanding of the complexities. However in this case the voice of the people was correct, we all knew this wasn't right, Instinct screamed something shady was going on. Heather's yea vote proved she never asked questions never did her homework and once again showed her total contempt for her constituents! she has failed in her duty to protect the interests of those who put her in office. A clear case of misfeasance and she should be fired for it! Along with the other 204 people who voted yea...

Bush has just finished on the TV and for the first time in eight years he wasn't smirking!
I've opened champagne to celebrate!
Thankyou American voters!
You're exercising real democratic control of politicians for the first time in 220 years!
After 4 November they'll never let you have control again!
Go for it!
Have another Revolution!
Now is the hour !!!!!!

Mookie: YOU ARE MY HERO! Amen to your post. Could not have put it out there any better if I were God.

The "bailout bill" failed because a perfect storm conspired against it. The House, which is supposed to represent the people, heard an overwhelming chorus of "no" from their constituents. The people, in turn, are simply not convinced that the 700 billion dollars would go to anyone except zillionaire bankers and other plutocrats. That's how "trickle-down" economics has worked so far (nothing actually trickles down), and Americans don't trust it anymore. As for the credit crunch? Our credit cards still work, banks are still urging us to bring us their mortgage business, car dealers are advertising "no credit? no problem!" And the President is not helping his own cause. After 7-1/2 years of misleading the public (remember Karen Hughes, who said "We don't lie; we take it right up to the edge"), people assume that Mr. Bush is trying to mislead them one more time to the benefit of the wealthy. He would be wise to stay on the sidelines.

Anyone refusing to show up in congress today to resolve this urgent problem should be forever branded as unamerican.

Here's what I don't get:

1) Bush didn't warn anybody this was coming.

2) He has no clear and decisive plan to remedy the situation.

3) He somehow arrives at this 700B figure as the "remedy."

4)He can't say how we got to this point, can't say how we'll recover, but he sure can say that if we don't cough up the 700B, "the damage will be painful and lasting."

How come he only "knows" the bad parts?

They keep saying we will pay if this bill isn't passed I haven't read anywhere where the people that are losing their homes are going to be helped?? Did I miss something???

After rereading my diatribe I thought it only fair to point out I believe "We The People" do need to step in and help repair the free market system. We do need to protect our retirement investments AKA the Bush plan to privatize the social security system...Yes maybe inject some cash...

But not without new rules, guidelines and careful oversight to prevent a recurrence of where we now find ourselves.

No I have no idea how to do that but Bush and Paulson clearly showed they too are clueless. Ben Bernanke is much to scholarly to be bothered apparently...

Yes something should be done and with all due haste, but doing "anything" without careful thought might just do more harm then good

Everything MUST stop for the Jewish New Year. This is more important than anything else in the United States of Israel! The International Jewish Bankers must be taken care of first!

Everybody is screaming the market will freeze up there be no credit, that's the whole problem to much credit. We need to go back to the gold standard. We need to get rid of Wall Street and the Federal Reserve.

Ex Republican

The democrats have brought nothing to the table. We do not want this bailout. If you are losing your home. Sorry. You have to deal with the consequences for your choices. That is life. Trying to make the American public responsible for your failures and your bad choices is not acceptable.

Does anybody really believe this bail out is going to work? I am almost 100% sure it will not. The derivative market is so huge and precarious that I doubt 700 billion dollars is going to do the trick. the CDS market alone is 62 trillion dollars. All you are doing is putting a band aid on the chest wound. We will be back with this same problem in two months time- only now we will have more debt and serious inflation due to the weakened dollar.

dems have nothing is right; we should not be putting the responsibility of all the publics bad choices in life on the American public tax dollars. If you bought out of your price range or if you did not read the contract or if you thought a variable interest rate was ok even when you were not qualified; tough. Some people belong in apartments. Gives them incentive to save money, clean up your credit and take responsibility for your life.

The failed bailout was Bush, Polson, and Bernanke’s preferred solution of government intervention to this “crisis”; the same government intervention that got America into this mess in the first place.

One need not look any further than the government-sponsored enterprises of Fannie Mae and Freddie Mac, the legislation passed by Congress such as the Community Reinvestment Act and the Federal Reserve's loose monetary policy which produced an unsustainable housing boom; a boom created by an increase in the supply of money and not from increased consumer demand.

This bailout was nothing more than an attempt to prop up these over-inflated markets and keep those assets trading at prices far in excess of what any buyer would be willing to pay.

An economic adjustment is needed and will occur, liquidating worthless assets and bad debt at fair-market values. Thus, bringing prices back in-line to the demand side of economics rather than keeping them artificially inflated, which the failed buyout would have done.

The President, and subsequently the Congress, sought to take the “easy” way out rather than pursue the right way to correct the errors of the past. The Congress needs to repeal laws like the Community Reinvestment Act; enact laws that enhance competition and advance the safety of our financial system; and institute a compulsory financial safety overseer to ensure that financial institutions, insurance conglomerates, etc… are safe for consumer consumption and to ensure that these behemoths to not undermine established professional procedures and regulations, again.

Further, executives’ salaries must be made reasonable and their incentives must be tied directly to long-term (5 to 7 year, not the current one year) financial success and positive-growth performance; they must be held accountable for their organization’s well being; and they must share the risk of their management, or lack, thereof.

Why did the author of this article provide %'s for the previous # of voters, but not the following?
"While voters don't like some of the details in this bailout plan, they want the government to get something done to constrain the economic fallout before it ripples throughout the economy."
I believe 2/3 or more of the people are against it.

When are all you people going to realize that this is not a Democrat vs Republican issue. Every comment I have read either starts with Blaming McCain or Obama. What we need to do is get rid of the old Ideas and the what will that do to my friends ($) attitudes and start figuring out what we are going to do with the mess that every one of us has created. The attitude that we will do what ever keeps us in office has got to go. Come on people lets start thinking about the country and our kids and grand kids and get this thing turned around. This did not happen overnight and we are not going to fix it overnight.

Looks like the Family didn't do their job either.
Watch the video all the way through.
Enlightening!!!

Here is a story on the real culprits of the financial meltdown.
Video included.

http://mypetjawa.mu.nu/archives/194131.php

Tescondo---If you actually did a little research you might really know who your voting for. Obama wasn't a "Christian" as most of his life he was Muslim. He goes to a church that preaches hate and anti-American stuff for 20 years and then brushes it off as miniscule. His Mother never reside in Hawaii long enough to be a citizen under the constitution and then you make it like it's nothing. That's why were in the mess were in. You get duped like everybody else.

> Obama's 'Not Exactly's
>
> 1.) Selma got me born...
> NOT EXACTLY: your parents felt safe enough to have you in 1961 - Selma had no effect on your birth, as Selma was in 1965.
>
> (Google 'Obama Selma' for his full March 4, 2007 speech and articles about its various untruths.)
>
> 2.) My Father Was A Goat Herder . . .
>
> NOT EXACTLY: he was a privileged, well educated youth, who went on to work with the Kenyan Government.
>
> 3.) My Father Was A Proud Freedom Fighter . .
>
> NOT EXACTLY: he was part of one of the most corrupt and violent governments Kenya has ever had.
>
> 4.) My Family Has Strong Ties To African Freedom . .
>
> NOT EXACTLY: your cousin Raila Odinga has created mass violence in attempting to overturn a legitimate election in 2007, in Kenya. It is the first widespread violence in decades. The current government is pro-American but Odinga wants to overthrow it and establish Muslim Sharia law. Your half-brother, Abongo Obama, is Odinga's follower. You interrupted your New Hampshire campaigning to speak to Odinga on the phone. Check out the following link for verification of that and for more.
>
> Obama's cousin Odinga in Kenya ran for president and tried to get Sharia Muslim law in place there. When Odinga lost the elections, his followers burned Christians' homes as well as men, women and children alive in a Christian church where they took refuge. Obama supported his cousin before the election process here started. (Google 'Obama and Odinga')
>
> 5.) My Grandmother Has Always Been A Christian . . ..
>
> NOT EXACTLY: she does her daily Salat prayers at 5 AM according to her own interviews. Christianity would not have supported her being one of 14 wives to 1 man.
>
> 6.) My Name is African Swahili . .
>
> NOT EXACTLY: your name is Arabic and 'Baraka' (from which Barack came) means 'blessed' in that language. Hussein is also Arabic and so is Obama.
>
> Barack Hussein Obama is not half black. If elected, he would be the first Arab-American President, not the first black President. Barack Hussein Obama is 50% Caucasian from his mother's side, and 43.75% Arabic and 6.25% African Negro from his father's side.
>
> While Barack Hussein Obama's father was from Kenya, his father's family were mainly Arabs.. Barack Hussein Obama's father was only 12.5% African Negro and 87.5% Arab (his father's birth certificate states he's Arab, not African Negro). From....and for more....go to.....
> http://www.arcadeathome.com/newsboy.phtml?Barack_Hussein_Obama_-_Arab-American,_only_ 6.25% 25_African
>
> 7.) I Never Practiced Islam . . .
>
> NOT EXACTLY: you practiced it daily at school, where you were registered as a Muslim and kept that faith for 31 years -- until you changed the year before running for public office.
>
> 4-3-08 Article 'Obama was 'quite religious in Islam''
> http://www.wnd.com/index.php?fa=PAGE.view&pageId=60559
>
> 8.) My School In Indonesia Was Christian . . .
>
> NOT EXACTLY: you were registered as Muslim there and got in trouble in Koranic Studies for making faces (check your own book).
>
> February 28, 2008. Kristoff from the New York Times a year ago: 'Mr. Obama recalled the opening lines of the Arabic call to prayer, reciting them with a first-rate accent. In a remark that seemed delightfully uncalculated (it'll give Alabama voters heart attacks), Mr. Obama described the call to prayer as 'one of the prettiest sounds on Earth at sunset.' This is just one example of what Pamela is talking about when she says 'Obama's narrative is being altered, enhanced and manipulated to whitewash troubling facts.'
>
> 9.) I Was Fluent In Indonesian . . .
>
> NOT EXACTLY: not one former teacher says you could speak the language.
>
> 10.) Because I lived In Indonesia, I have more foreign experience . . .
>
> NOT EXACTLY: you were there from the ages of 6 to 10, and could not speak the language.
>
> 11.) I Am Stronger On Foreign Affairs . . .
>
> NOT EXACTLY: except for Africa and the Middle East, you have never been anywhere else on the planet and have NO experience with our closest allies.
>
> 12.) I Blame My Early Drug Use On Ethnic Confusion . . .
>
> NOT EXACTLY: you were quite content in high school to be Barry Obama, no mention of Kenya and no mention of struggle to identify. Your classmates said you were just fine.
>
> 13.) An Ebony Article Moved Me To Run For Office . . .
>
> NOT EXACTLY: Ebony has yet to find the article you mention in your book. It doesn't, and never did, exist.
>
> 14.) A Life Magazine Article Changed My Outlook On Life . .
>
> NOT EXACTLY: Life has yet to find the article you mention in your book. It doesn't, and never did, exist.
>
> 15.) I Won't Run On A National Ticket In '08 . . .
>
> NOT EXACTLY: here you are, despite saying live on TV that you would not have enough experience by then -- and you are all about 'having experience first '.
>
>
>
> 16.) Voting 'Present' is Common In Illinois Senate . . .
>
> NOT EXACTLY: common for YOU, but not many others have 130 NO VOTES.
>
> 17.) I Was A Professor Of Law . . .
>
> NOT EXACTLY: you were a senior lecturer ON LEAVE.
>
> 18.) I Was A Constitutional Lawyer . . .
>
> NOT EXACTLY: you were a senior lecturer ON LEAVE.
>
> 19.) Without Me, There Would Be No Ethics Bill . . .
>
> NOT EXACTLY: you didn't write it, introduce it, change it, or create it.
>
> 20.) The Ethics Bill Was Hard To Pass . . .
>
> NOT EXACTLY: it took just 14 days from start to finish.
>
> 21.) I Wrote A Tough Nuclear Bill . . .
>
> NOT EXACTLY: your bill was rejected by your own party for its pandering and lack of all regulation -- mainly because of your Nuclear donor, Exelon, from which David Axelrod came.
>
> 22.) I Have Released My State Records . . .
>
> NOT EXACTLY: as of March, 2008, state bills you sponsored or voted for have yet to be released, including all the special interests pork hidden within.
>
> 23.) I Took On The Asbestos Altgeld Gardens Mess . . ..
>
> NOT EXACTLY: you were part of a large group of people who remedied Altgeld Gardens. You failed to mention anyone else but yourself in your books.
>
> 24.) My Economics Bill Will Help America . .
>
> NOT EXACTLY: your 111 economic policies were combined into a proposal which lost 99-0, and even YOU voted against your own bill.
>
> 25.) I Have Been A Bold Leader In Illinois . .
>
> NOT EXACTLY: even your own supporters characterize your actions as careful rather than bold.
>
> 26.) I Passed 26 Of My Own Bills In One Year . .
>
> NOT EXACTLY: they were not YOUR bills, but rather handed to you after their creation by a fellow Senator, 'to assist you in a future bid for higher office'.
>
> 27.) No One on my campaign contacted Canada about NAFTA . . .
>
> NOT EXACTLY: the Canadian Government issued the names and a memo of the conversation your campaign had with them.
>
> 28.) I Am Tough On Terrorism . . .
>
> NOT EXACTLY: you missed the Iran Resolution vote on terrorism and your good friend Ali Abunimah supports the destruction off Israel.
>
> 29.) I passed 900 Bills in the State Senate . . .
>
> NOT EXACTLY: you passed 26, most of which you didn't write.
>
> 30.) I Believe In Fairness, Not Tactics . . .
>
> NOT EXACTLY: you used tactics to eliminate Alice Palmer from running against you.
>
> 31.) I Don't Take PAC Money . . .
>
> NOT EXACTLY: you take loads of it.
>
> 32.) I don't Have Lobbyists . . .
>
> NOT EXACTLY: you have 47 lobbyists on staff, and counting.
>
> 33.) My Campaign Had Nothing To Do With The 1984 Ad . .
>
> NOT EXACTLY: your own campaign worker made the ad on his Apple in one afternoon.
>
> 34.) I Have Always Been Against Iraq . .
>
> NOT EXACTLY: you weren't in office to vote against it AND you have voted to fund it every single time.

Every single one of those congressional maggots needs to be fired. We dont need a bailout package. How about taking the money from the padded CEO pockets and using that for a bailout? Its about time congress got off their ass and did something for the people. As for the election... How about it for a man who served his country. Go get 'em Johnny.

Obama test
I think everybody that votes needs to take the Obama test at www.barackobamatest.com and see if he speaks for you. It's very interesting, not biased either, it shows you how you stack up or don't stack up to the rest of the country on most issues. I don't know who created the web site but it really is interesting to take. I think it should be called the voter qualifying test.

Oh! It seems the KKK has arrived.

How can you not blame the Republicans for the financial crisis we are experiencing at this time. Whether you like ex-president Clinton or not, you have to give credit to his excellent economic plans during his administration. This was one of the best economic times of my adulthood. There was a Republican in the white house before him and the country was in debt. In eight years ex-president Clinton got the country out of debt and in the black. Since Bush has been in office he has put us in debt deeper than we ever have been. His policies have nearly bankrupted our country. I hope the American people remember this when they go to the polls this November.

The answer is simple. Extend them credit like they extend credit, charge then stupendous amounts of intrest and huge amounts of late payment fees if they miss a payment, call them at all hours of the day and night and when they are having dinner.Threaten and cajole till the bills paid. Change the Bankruptcy laws so the big financial gainers such as the managers and CEO's are held responsible thru their own assets if the bail out isn't paid, after all they just need a little break to get back to profitiability, so why wouldn't they personally want to guarantee the bail out. All the above seems to work for them, so it should work for the goverment.

Call your Senators and Representatives today and tell them to get the bailout done by Thursday. If they can't put "country before party" then they shouldn't be elected in November!! Anyone that can still question whether or not this is necessary shouldn't be in a postition of power.

MP, don't beleive the hype, I have been following Obama for 2 years and have never heard him saying anything other than his dad working in Kenya govt so get your LIES straight.

Approve the bailout, but let those parties that have been affected forfeit their income tax rebates for however long it takes to repay their debts.

The place would be better off if they just let the investment banks file bankruptcy and the people that shouldn't have gotten a loan to start with will learn a lesson, lose there house and start over. You can't keep living above your means. It's going to catch up with you. Same goes for the gov. as we are now seeing.

Amazing how though the Demos control the majority and they don't need Repub votes to pass anything they want they couldn't pass the bill and in turn blame Repub's. Repubs blocked the bill for many reasons including the fact that the Demo's put into the bill that any return profits made on the bill would first go to two Demo run programs after which they would go to the taxpayers vs the Repubs which wanted the money to go back directly to the tax payers. Guess that's in line with Demo thinking, take from the people. -- there is no give back to the people in their mindset.

NO NO NO NO TOENY BAILL OUT THE TAX PAYERS DONT NEED TO PAY BUSH SCREW UP

Republicans are to blame. Ever since Reagan government oversight of institutions have been gutted. And to top it off very little investment in America has been done. So, we are left with an economy that is driven by investment making and easy credit and folks wonder why greed took over. All Americans are greedy....from buying houses and cars they could little afford while driving up credit card debt. And with government....particularly Republican administrations that have all too often ignored the problem. Democrats can share blame as well. But the heart of the problem is Republican policy.

This is not about teaching someone a lesson who took out a bigger mortgage than they could afford--Read this-- "let's say that the Treasury did not support the debt of the mortgage agencies. The Chinese bought over $300 billion of that stuff and they were told that it is essentially riskless. The flow of capital from them and from other central banks, sovereign wealth funds, and plain old ordinary investors would shut down very quickly. The dollar would fall say 30-40 percent in a week, there would be payments system gridlock, margin calls at the clearinghouses would go unmet, and only a trading shutdown would stop the Dow from shedding half its value. Most of the U.S. banking system would be insolvent. Emergency Fed/Treasury action would recapitalize the FDIC but we would lose an independent central bank and setting the money supply would be a crapshoot. The rate of unemployment would climb into double digits and stay there. Many Americans would not have access to their savings. The future supply of foreign investment would be noticeably lower. The Federal government would lose its AAA rating and we would pay much more in borrowing costs. The deficit would skyrocket.

Clinton is part of the problem. In his own words he said his administration is partly to blame for this in not taking any action on lenders.

I watched a miracle yesterday. I was never so proud to be an American as when I saw this EXTREMELY BAD and DANGEROUS bill get defeated in the House.

I believe the American People now more than any other election in the history of United States have a very clear choice to make in less than 30 days.

Those who Voted for the Bailout get voted out

Nancy Pelosi - Gone
Barney Franks - Gone
John Boener - Gone
Roy Blunt - Gone

The will of the American People - Priceless

Sincerely,

Kevin Grondahl
Proud Citizen of the United States of America