Remember Pelosi said this bill would not provide any assistance for the little people like us?

[NNN0LHI]

Well the next version of it will.

And fuck face Bush will either have to sign it or veto it.

Watch and see.

Don

[RUMMYisFROSTED]

1. It is also shrinking in size.

Methinks.

[Demeter]

2. I Wouldn't Trust Pelosi to Boil Water.

[NNN0LHI]

3. Like she would care what some anonymous poster on a chat site says

:rofl:

[Demeter]

4. She'd Better Care

or she's out of a job.

[livelongandprosper]

5. Unlikely. She will get reelected n/t

[iconicgnom]

6. "next version"??? How about dumping the idea of artificially propping up an unregulated market with

taxpayers money, and thinking instead of reformulating the rules of the regulatory bodies, the rules of the game? Wouldn't that make a bit more sense?

Whether taxpayers believe it or not, they DON'T HAVE THE MONEY TO THROW AWAY. The US is already overloaded with trillions of debt, several trillions more just in the past few years, with record breaking deficits financed by the banks of foreign countries, of COMPETING countries, and the $1 trillion to throw away on this just IS NOT THERE.

The problem is that the US is now almost a purely unregulated militaristic economy. That is, the US doesn't produce tradable goods. It produces military equipment. E.g. some middle class Boeing worker, who makes military wares at work, takes out a loan on a fantastic new house, car, etc., on the basis that a Boeing job is well paid and stable. But the goods Boeing sells, are sold to the US gov't to advance the cause of empire around the world, to blow away Iraq, Afghanistan, etc., and to keep bases supplied in every country. And the US gov't pays for THAT with its deficit, and that deficit is financed by China, and Saudi Arabia, Russia, and other countries which have solid economies based on production of actual tradable goods. Which they, of course, sell to that Boeing worker and other US workers for companies producing military supplies, or fulfilling military contracts, like Haliburton, BlackWater, etc. THAT'S WHY THE US IS IN A CRISIS. Because the almost exclusively militaristic economy that it's developed is unsustainable, it's built on illusion. So if THAT isn't changed, no amount of money the US gov't prints or borrows or steals will solve the problem.

OK, enough ranting about something that should be obvious to anyone who knows how to balance a home budget.

[leslieW]

7. bail-out bull v. pathetic truth

The bail-out bill will do nothing to give more credit to small
businesses and homeowners that're about to croak.  

Congress desperately needs the bail out to shore up Wall
Street long enough for the wealthy and foreigners to quietly
continue pulling their money out of the U.S. economy.

And Congress desperately needs the bail-out bill in order to
cherry-pick and buy bad debt created by equity-group giants,
such as Blackstone and Carlyle Group.  For at least 10 years,
Carlyle et al. had a great time buying over-priced companies,
loading them with debt that they packaged, and selling them to
your pension funds and the mutual-fund options for your 401k's
(e.g., several state retirement systems are teetering on
failure, which will piss off a lot of politicians and state
workers).  Then the equity groups sold off the debt-laden
companies that were doomed to fail if prices didn't go
up--much like mortgage loans, only on a tens-of-billions
scale.

Don't believe me.  Check it out.  See where the Bush rats
jumped to after they fled the ship.  See which company caused
the demise of Bear Sterns.  (That is, Carlyle Capital, which
was created by Carlyle Group in 2006 in order to rid itself of
tons of shakey mortgages.  Within two months of going public,
Carlyle Capital started tanked.  When it tanked in February
2008, Bear went down with it.)

P.S. The donkeys and elephants are equally corrupt.  Our job
is to expose their corruption, throw whichever bums are in
office out, and elect those who'll do what's best for America
rather than what's best for themselves and their cronies.

Until we voters understand that, we'll continue to get the
same insanity.  And we've no time left to screw around,
because America is broke.  Flat broke.