Roll Call: What DUers here support the/a bailout/financial stability bill?

[Zynx]

I do. Congress did the wrong thing. I don't care I'm in the minority on this either.

*Note*: This is just a roll call. I don't want opponents posting here. I just want to see who lines up with this.

[jschurchin]

1. In it's current form I vote no.

[johnaries]

14. I'm curious, what would you change?

Seriously.

[mzmolly]

2. I support something being done now, with continued oversight

and debate to follow.

[Abacus]

8. Same here

I wanted it approved.

[MoonRiver]

19. Do you really think there will be "continued oversight?"

Unfortunately, I don't.

[mzmolly]

20. Yes,

if Democrats keep a majority in the house and senate.

[MoonRiver]

65. That is the most likely scenario,

but I have learned to not count my chickens before they're hatched.

[blue sky at night]

3. i vote no

the bill was bullshit, and it won't work anyway.

[Zynx]

4. Did you read my post?

[ElboRuum]

5. Not me.

Just a P.S. I did actually read your post, but apparently, I tend to be dismissive of statements of authority and often find it difficult to take direction, have a moderately creative personality, and can be characterized as moody. I took an online quiz by some guy claiming to have a diploma, so you know it MUST be true. I think the diploma was in civil engineering.

[melody]

6. I do n/t

[musicblind]

7. Right now. I would have to say that I do NOT support it.

I'm sorry. I feel there needs to be changes. I think we can come up with better ideas. However, with changes, or in a different form I could be persauded.

I really think we need to come up with a series of several options and then look at all of them.

I think, as it is, that the current bill is no good and will not solve the problem. It will be a bandaid for a slit throat.

[gravity]

9. I do

[TheBigotBasher]

10. Unless Republicans own their piece

of shit President and Candidate then no. This is their bill, they need to pass it.

[ContinentalOp]

11. I do.

But not that one. That one should have failed. We can easily do better.

[doc03]

12. No absolutely not, I didn't cause the mess I shouldn't have to

pay for it that's Wall Streets mess. Why couldn't they pay for it with a surcharge on all stock, bond, commodities and mortgage trades? Those were what created the whole mess!

[johnaries]

13. I do. Congress has added the correct provisions.

It's not great, but it gives us time to work on a real package that stimulates the economy and brings back accountability protections.

It's just the beginning and it's not perfect, but it is a beginning.

[Kurt_and_Hunter]

15. Hi Zynx. Looks like you're trying to herd cats.

Not only did I support it, I favor the legislative outline with addition of an oversight board and reporting requirements was my preferred outcome.

All additions were well intentioned, but distractions. The key was to maximize participation so the 'taxpayer protections' are nice, but make it slightly less likely to work.

[grantcart]

21. your thoughtful explanations are among the best here about it

of course I support it.

[spoony]

44. I second that, on both counts.

[MoonRiver]

16. NO WAY.

They are trying to dun the public to bail out the corrupt bastards who caused all this?????!!!!!
I repeat: NO FUCKING WAY.

Believe me, we will survive. The corporate CEO's not so much.

[1corona4u]

17. I did. not sure now. I DO NOT support a REPUBLICAN CRAFTED NEW PLAN.

[Joe the Revelator]

18. I'd have voted YEA

[Splinter Cell]

22. I do

We need both parties in on a deal, but I'm afraid no deal would sink us.

[Aloha Spirit]

23. Here, but today's S&P loss should be sufficiently "crisis-worthy" to smoke out the partisan bs.

[FrenchieCat]

24. I'm in....

And can't wait for Barack to review it and make some "adjustments" in January of 2009! :patriot:

[weezie1317]

25. I do - I think it can be improved, though, too.

[1corona4u]

28. The republicans had PLENTY of time to speak the fuck up, and they didn't

they let the bill go down on the democrats plan, so they can come back and get EVERYTHING they want, and look like the heros. That's what they want. If there were things they wanted, why didn't they include them? Why didn't they?

It's all bullshit now.

[chicagoexpat]

26. No, u mean "what DU'ers aren't secret Freepers or can actually think about things like

how legislation gets made, and what our nation's finances really are

[NoPasaran]

27. I do

[krabigirl]

29. I don't, but I know it will end up passing in some form, anyway.

[TheDoorbellRang]

30. I do.

[BlueInPhilly]

31. I Do

And I am turning in my DU card for now because of the vitriolics and utter ignorance I've seen here.

DU - I am very very disappointed in you.

[blondeatlast]

57. Don't. there's plenty of us who understand the necessity as you can see in this thread.

As you can also see, we need voices of reason here now more than ever.

[NEDem]

32. Congress did the wrong thing.

I support the bailout. If it was good enough for Senator Obama, it was good enough for me.

[thoughtcrime1984]

33. I support it, but with stronger banking regulations

This country will have trouble weathering a drastic cut in new credit. All of these banks on the brink of bankruptcy is not a case of Wall St. crying wolf, it is a precursor to a huge recession. The Great Depression was preceded by the failure of the vast majority of the banks, and I feel we must put a tourniquet on the Wall St. wound, save these lending institutions, while also providing some level of assistance to the people who are in or near foreclosure. Reinstate Glass-Steagall, and add whatever regs are deemed necessary to keep these banks accountable to the gov't. The banking industry is too vital to the USs' well-being to be allowed to fail, or to run unfettered.

[berni_mccoy]

34. Definitely do. All of America is in trouble without one.

[tammywammy]

35. I do

[RichardRay]

36. Yes. (Would you like a whip and a chair?)

[salonghorn70]

39. I Approve It

[Warren Stupidity]

37. current bill: NO

[chupacabranation]

38. I do too.

If Barack for some reason doesn't win...this might be the only chance we get to pass a bill with significant oversight of the areas we need.

If Barack does win...we still need something in place ASAP to guide the near-future transactions climbing out of this thing.

I wholeheartedly support some kind of solution (as do many of the economists that have made their opinions known, they just prefer not to rush the deliberation) - the 'free market solution' of doing nothing will cost too many people, too much. And not just at the top.

[backscatter712]

40. I support _a_ bailout.

The bill that failed today was a clusterfuck. Granted, it would be marginally better than no bailout at all, but not much.

Hopefully, the Congresscritters in the House, both Democrat and Republican, and facing elections in five weeks, have enough interest in preserving their jobs to come up with something better. Something that rescues Main Street rather than just feeding fat cats on Wall Street.

[Coexist]

41. I do.

[woolldog]

42. I do.

[Wetzelbill]

43. I don't totally like it, but I probably could have been convinced to vote for it

Right now, I'd rather see it come up after the election when we can have grownups in charge who can put together a better bill. People with good minds and hearts are being held back by the crazies. We know that the Republican party doesn't totally believe there is a financial crisis and they have no real leadership. The question is what will happen between now and when another bill can be put together? I'm not sure. Just how bad can it get?

[blueclown]

45. I do.

It is absolutely essential.

[Occam Bandage]

46. I would have voted yes on today's bill. That does not mean I think it is without flaws.

[frickaline]

47. I support a bailout

because we stand to lose if the credit markets cannot function and we will likely gain from a wise investment here.

I honestly am starting to wonder if the 'crash' wasn't a stunt to drive down the cost further before giving the bailout in order to ensure a good price of investment on for us. If we make a good return on the investment, we don't lose anything in this whole charade, do we?

[geek tragedy]

48. I do, even though I hate the idea. n/t

[seabeyond]

49. yes. n/t

[Peacetrain]

50. me too.. I don't know what else anyone could do to settle the credit markets.

[Guava Jelly]

51. I do

reluctantly

[crossroads]

52. I support the bailout!

Something must be done and fast before the whole system collapses! With the provisions offered in this bill, it won't be that hard to swallow! I don't wish to see my bank fail!

CR

[Bubbha Jo]

53. For.....

[WeDidIt]

54. This was the best bill we could hope for

With this Congress and Administration.

It could have been fixed next year.

Too late now, the damage is done.

[blondeatlast]

62. "It could have been fixed next year." Yep--now we have to dig ourselves out of a much deeper hole

first, then hope we can sustain.

Recovery has been set back a couple of years now.

[crazy_vanilla]

55. it is the lesser of two evils, or so it appears to be nt

[NorthCarolina]

56. If you're interested in what Kucinich is proposing, here's a link

Check the video

http://www.newsnet5.com/video/17528984/index.html

[blondeatlast]

58. I do, warts and all. When the Dems take a mandate in the Senate and we have a sane president (Obama)

we can fix the problems.

[oldmant]

59. Bailout

I vote no! People need to reap the rewards of their works.

[Awsi Dooger]

60. I do

Necessary tentacles

[Raineyb]

61. The one that just failed

No.

If they can get some kind of regulatory changes I'd feel much better about it. Merely reporting on the current state of regulations is not enough. We already know the current regulations are crap.

Regards

[Lady-Damai]

63. If someone could share with me another way to get out of this mess........

I would love to know!

[vaberella]

64. I 100% support this bill. If they give up any more to Repubs on this bill..we're fucked.

They're privatizing and slapping us in the face. I support it.

[Zynx]

67. I agree.

[riqster]

66. I support it

Obama can fix what's wrong next year.

[steve2470]

68. I do

Either John Boehner put on a world-class, Oscar-winning facade when he gave his speech, or he sincerely wanted it to pass. I'm sure this is one of the rare occasions when Boehner and I will agree.

[OmahaBlueDog]

69. Not as it's currently written

[watercolors]

70. I support it!

nt

[harun]

71. I do not support this bill. Fear is not a factor for me. (n/t)

[Zynx]

77. Platitudes do not equal policy.

[ClarkUSA]

72. Yes, I support the Economic Stabilization/Taxpayer Investment Bill and here's why --->

These are a few of the bill's provisions that I favor:

:redbox: The Treasury is supposed to consider a bunch of factors when making its decisions, including:

~ Limiting how much the taxpayer gets screwed
~ Not wasting money buying assets from banks that will croak anyway
~ Save jobs, life savings, house values, etc
~ Try to save small banks that got blown up by Fannie/Freddie collapse
~ Protect retirement savings by buying the crap assets of pension funds, too

:redbox: Oversight: Must report back to Congress after 60 days and then every 30 days thereafter. Must send Congress
a report after every $50 billion spent.

:redbox: "The Secretary make such purchases at the lowest price that the Secretary determines to be consistent with the
purposes of this Act." More good news: The Treasury has to publicly detail the prices it pays so taxpayers will have
access to complete transparency as to how their dollars are being spent.

:redbox: Helping homeowners. Must try to work with homeowners to modify loans if/when appropriate to avoid foreclosure.
Must encourage mortgage servicers to try not to boot people out of houses, instead working on ways to avoid
foreclosures.

:redbox: Equity/warrants: The Treasury MUST be granted warrants or debt instruments (senior debt) from public companies
in exchange for more than $100 million of bailout money; it must "provide for reasonable participation by the Secretary,
for the benefit of taxpayers, in equity appreciation in the case of a warrant, or a reasonable interest rate premium, in
the case of a debt instrument" AND...must provide additional protection against taxpayer losses. This is an important
and just provision.

:redbox: Ability to stop the madness. Congress can seek a preliminary or permanent injunction from a court to stop the
program.

:redbox: TIME LIMIT: The authority under the plan lasts until the end of 2009. Congress can then extend for another nine
months or so (max 2 years from the date of signing). It is fully expected that by then, President Obama and his
supporters in Congress will rework the bill to reflect their growing majority power in the executive and legislative
branches.

:redbox: Oversight: A bunch of oversight provisions, including appointment of Special Inspector General.

:redbox: Financial industry will have to pay for any taxpayer losses. Upon the expiration of the 5-year period beginning
upon the date of the enactment of this Act...the President shall submit a legislative proposal that recoups from the
financial industry an amount equal to the shortfall in order to ensure that the Troubled Asset Relief Program does
not add to the deficit or national debt.

[ChimpersMcSmirkers]

73. I reluctantly support it. If there isn't some kind of bailout of the credit

markets, they will seize up. If that happens then I think that there is a good chance that we go into a deep recession/depression.

[SIMPLYB1980]

74. I do. n/t

[Realityhack]

75. I support A bailout.... to be honest...

I don't know the full text of what is currently on the table.
But no bailout is a willfully ignorant position.

[DCBob]

76. I am for it. Because the alternative is bad.