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Article Written on: Friday-October-3-2008 BuzzBoards Calendar Contact Advertise About
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US House Passes Bailout Bill


Written by: BayouBuzz Staff


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The House of Representatives have voted to approve the bailout plan.   The vote was 263-171.  The House and Senate bill will go to enrollment and then to the President.




 












 

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Comments from BayouBuzz readers

Let me warn you so these things do not come as a shock - the $700 billion is just a down payment on this scheme to prevent Wall Street from losing money after making gains for years (we cannot have that, we'll all be eating rat droppings if these big firms take a loss); it will not only be those who make $250,000 whose taxes will be increased.
Written by kpf on 10/4/2008
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Has the price of bread and water gone down yet? We are geting hungry. Wonder what the market, that is the stock markeet, will do on Monday?
Written by RhettsWife on 10/4/2008
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Let me see if I got this straight... We bought Louisiana for around 23 million, and the we bought Alaska for around 7 million, (I don't know what the Gadsen purchase cost, nothing but sand and cactus's there anyways, and I think we simply 'annexed' Hawaii, so that didn't cost much, just a handful of battleships and a lot of lives, oh, and we gave the Phillipenes back, but are thinking about Puerto Rico, or at least that's what Hillary was angling at... I wonder how much that place is going to cost us?) and now, somehow, we have invested into a bunch of parcels of property scattered around the United States, that already have a debt load, that the Chinese probably have the title to, and for what? 750 billion dollars? Real good thinking there Einstein's.................................
Written by   on 10/3/2008
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A handful of monkies writting a bill, and a couple of hundred in two different houses saying CHEERS!!! Yup, leverage folks, leverage........ Now go figure who's arse the sharp end of the stick is lodged in... I think we have fulcrum issues here.....
Written by   on 10/3/2008
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At least I now know why the price of oil went up... They have the green light to screw us now..........
Written by   on 10/3/2008
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