Just got off the phone with my Rep's office - Voting No on the Bailout.

[paparush]

Shuler, Dem, NC - He's going to vote NO again on the Wall Street Bailout.

My esteem for my Congressman has increased this week.

[mikelgb]

1. Mine too

Royce (R-CA40)

[Frances]

2. I am sorry to hear that

I don't think the Congress should help Wall Street fat cats

But I don't want the country to go through a Great Depression again. And we just might if the Congress doesn't get money out there so businesses can meet their payrolls etc. Already the US is bleeding jobs.

I remember the end of the Depression and it wasn't pretty. I think I will be able to survive it better than most because I grew up without the material things middle-aged and young people can't imagine doing without.

[girl gone mad]

3. Bank bailouts are rarely successful..

at preventing a crisis.

There are already signs that this one isn't going to work.

I hope I am wrong, though.

[paparush]

4. I think Congress should do something..just not THIS thing.

FBI fraud investigations are still on-going.

I say we do not capitulate to Bush's Disaster Capitalism.
I say we do not capitulate to Bush's Fear Machine.

I know my life may change dramatically, but I say NO to THIS bailout.

[Waiting For Everyman]

5. This is contrived.

The way it was solved for free in the S&L crisis wasn't even tried first. Paulson made the panic public - why? Forbes ran a story two days ago giving facts that show there is no liquidity crisis. This is a total rip-off. You'll realize that later - after the money's gone.

[clear eye]

6. The reason it was done this way is to allow large financial houses

to get reimbursed for the bad paper they want to buy back from foreign entities in order to restore good relations. None of the standard measures would do that, which is why Paulson included unfettered choice and protections against being sued for unconstitutionality in this bill.

It does just about nothing else, and our now bankrupt Treasury will be a disaster for all of us.