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2 points   posted on 10/01/08
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Snapshot_20080203_6
78%
+4.45%
 risk: moderate

! Let's Vote on the Bailout Bill !


I'm sure that everybody knows about the bailout bill being passed to the Senate tonight and the House tomorrow.

I want to take a vote on whether you think the bill should pass or not.



Comments (5)

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Newsmonkey
newsmonkey   71%     1 point   commented 431 days ago reply

if there is a vote it will pass. they wont vote if they dont have the votes to pass it

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vladdione   65%     1 point   commented 431 days ago reply

should not pass :) but it will

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Newsmonkey
newsmonkey   71%     1 point   commented 431 days ago reply

IT ABSOLUTELY MUST PASS!!! It not passing isn't an option. They could improve it and that wouldn't hurt my feelings any but make no mistake, it MUST pass for the good of the country. Otherwise you could see GE file chapter 11 and I am not kidding.

The media, the common American, and most politicians don't understand what is at stake. The credit markets are seized up and that means that big high quality companies that use the commercial paper mkt cannot roll their paper. There is over 750 billion that comes due between today and October 24th. The investors that invest in that mkt are money markets and a lot of sovereign investors who don't take risk. If things don't look risky soon GE will be back in the market again not trying to raise 10 billion in a day but 50 billion.

The politicians saying we don't want to bail out wall street are totally missing the big picture. We are bailing out capitalism not wall street.

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Gekko
Walter Thatcher   74%     1 point   commented 430 days ago reply

The bill should pass. We'll send whoever needs to go to prison later.

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dbljay321   N/A     0 point   commented 429 days ago reply

Borrowed money on borrowed money..(predator lending). Not good! The Bailout Bill is a bandaid to our problem not a solution. Let me just say... those on wall street did not just wake up... they are highly educated and experienced... they knew this would happen YEARs ago... it was only a matter of time. There is a solution... and shame on them to ass/u/me the government will bail them out. I vote NO!


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