I'm sick to my stomache today... I know nobody cares, but talk me down...

[scheming daemons]

I see soup lines and massive unemployment within 6 months.


I'm afraid my family will be among them.


I don't understand how anybody could have been FOR today's result. It's like America collectively decided to commit economic suicide today.

Like some sort of fucked up cult.


If there's a God... and I'm convinced there's not... this bailout will get reworked and a version will pass tomorrow.

[WorseBeforeBetter]

1. It will get re-worked and will pass, but not tomorrow.

But what the phuck do I know.

[SammyWinstonJack]

8. It's better just to run around with your hair on fire, I guess.

:evilgrin: No need to let cooler heads prevail, ya know? Just hand over the keys to the Treasury Dept. Yep, that'll fix everything. :silly:

[WorseBeforeBetter]

23. If I hear 'calamity' once more time, I'm gonna scream. Calamity!

I don't like being sold a mushroom cloud... grrr. Paulson's resignation should be requirement #1. Speaking of which, he's about to 'meet the press'...

[jesus_of_suburbia]

2. I'm with you. But God as my witness I will do everything I can to help others.

Let's hope the Repukes and Kucinich know what they are doing.

[seemslikeadream]

If the vote had gone the other way you still would have the same result

down the road in a couple of months

[earth mom]

7. Exactly, because they are not addressing the housing crisis, rising costs of living & poor wages. nt

[Tommy_Carcetti]

3. My grandparents made it through the depression.

They were not much older than my daughter is now when the depression hit.

Thankfully, a Democrat--FDR--stepped in and did what needed to be done to get this country on track again.

Hopefully, a President Obama will do the same. It is in the darkest days of this country's history--the American Revolution, the Civil War, the Great Depression--that its greatest leaders are born.

[VAliberal]

Right on!

This road has already been walked before. The wheel doesn't have to be reinvented. Obama is the man to step in and offer a 21st Century New Deal. The economy as it is currently structured, as it has been managed or mismanaged, since 1980 has hit its ending point.

[Cooley Hurd]

9. Years from now, your grandchildren will be visiting the Obama Memorial...

...and wondering how we survived this.

Mark my words...;)

[Tallison]

4. It ain't over 'til Congress adjourns, and not even the bill's opponents want that now

So take heart. They're not going to let this go. Congress and constituents just need to feel the stock market convulse a little before they get with the program. They will.

[HereSince1628]

5. This is one of the greatest games of Chicken ever played.

Don't believe that one day means anything. A week may mean nothing. A couple of months may be indicative...

[avaistheone1]

13. I agree. Those of you who are afraid of bread lines, Paulson has denied that

would happen when questioned by CBS's Bob Schaeffer. Also the Chief of the Congressonal Budget Office has said the bailout could cause just the further economic decline it is supposed to prevent.

[Tangerine LaBamba]

6. You're going to be all right

Keep these facts in mind:

1. President Fuckface has lied to us about everything;

2. President Fuckface likes to make everything "URGENT!" so that no one looks very carefully at what he proposes (Patriot Act, invading Iraq);

3. President Fuckface is not only a lame duck, he is a malignant lame duck;

4. President Fuckface is so tainted that legislators running for re-election don't want to be associated with anything that bears his imprint;

5. Since President Fuckface has lied to us about everything, you can fairly easily believe that this is not a crisis, that the markets will self-adjust and go on, like a fat girl adjusting her thong when it slips up into her crack;

6. He lies. This is just another of his lies, but the people got smart and inundated their representatives.

7. We're all going to be better than we think.

[LeftHander]

10. It will be re-worked to give big handouts to Wall Street Execs...

and the economy will tank anyway.

[On the Road]

11. I'm Very Afraid, Too

although I do think that there's a good chance they will dodge the bullet.

[TexasObserver]

12. Why are you so certain of the gloom and doom?

You keep saying all sorts of things that are extreme. What is it about your life that makes you think you and your wife will now lose your jobs?

This situation is not nearly as serious as has been posited. This was and is a Bush contrivance, with a very real decline ongoing in all markets.

This bill is not going to save America from dropping further economically. It's a bandaid, good for a few months at best.

[scheming daemons]

17. Because... my brother and sister-in-law both work in the finance industry... I trust them...

..when they tell me that today's vote is a historic moment.


They tell me that without this bailout, we are plunging into a Depression...one that hardly anybody alive in this country knows how to deal with.


They tell me it is going to get REALLY bad.


I believe them.

[TexasObserver]

20. many of those who work in the financial industry will lose their jobs

This is a contraction of the economy, and all the people who made money off the boom will now lose money from the bust. That includes the industries which benefitted most - stock brokers, loan officers, real estate brokers, home appraisers.

[GoddessOfGuinness]

14. It will be reworked...

hopefully without "golden parachutes".

Why shouldn't those guys experience unemployment the way the rest of the country does...by having to scrimp until another job comes along, and maybe working at Home Despot to make ends meet?

[Batgirl]

15. I keep thinking how seldom in real life everything hinges on one dramatic moment in time

and that this is just part of a bigger process of figuring out what to do. Even people who were in favor of this thing were frankly reluctant and critical of many serious flaws. Maybe now a smarter approach can be devised. People, rightly or wrongly, interpreted this as being an attempted bailout of Wall Street evildoers. They need to formulate something and present it in a way that people understand it's for the benefit of working people, taxpayers.

[RaleighNCDUer]

16. Congratulations. You have been successfully terrorized by Bushco

and the Wall Street fat cats.

Once these thieves and looters have been put back to harness and are no longer running wild as they have been for the past 30 years we can look forward to the greatest economic expansion in the past century. The beneficiaries will be the middle class, the small businesses and American workers.

What was just stopped was economic indentured servitude. Printing money to give to the 1% would do NOTHING to help us, down here at the bottom of the heap.

If you are of that 1%, you have reason to bitch. If not, you can relax.

[LiberalAndProud]

18. And we have passed the final hour to do something? Just now?

Printing stacks and stacks of worthless paper to buy stacks and stacks of even more worthless paper doesn't make sense. We can't gear up the printing press to magically make this mess all better. There is a place for goverment, but this wasn't it. From those who opposed the bill on both sides, I heard more than once that they wanted time to explore some alternative solutions. The bill Bush gave us to begin with was deeply flawed. Although it had been improved by the time it came to a vote, it remained deeply flawed. It did not deserve to pass.

[liberalmuse]

19. Obama needs to be President now.

The truth is, once the 700 Billion of our taxes was committed to Wall Street, CEO's and bankers, it may have helped small business, but I doubt it. You know the big players were going to grab all of this money first, INCLUDING foreign banks and investors, and most of us would not see a goddamn cent of it. Pensions and 401k's would be allowed to fail before the CEO's got their requested salaries.

This Bailout may have delayed the inevitable a few weeks or a few months. That is all. Because of Bush's folly, unfortunately, we haven't been given a choice. Things are going to get rough. The choice right now is whether or not they will be rough with 700 billion of our dollars being taken for the Bailout.

Obama is right in saying this is only a temporary fix and that we need to immediately move on putting regulations in place, a stimulus package for the working class and small business owners and to ensure this shit doesn't happen again. None of us wants the economy to collapse, but the fact is, this economy is going to collapse, because Bush let his cronies loot the Public Treasury and no bid contract this money into their pockets for 8 long years. He also saddled us with an unnecessary war. It's time to pay for his mistakes. The difference is, without the bailout, Bush's economy will merely collapse sooner, and without the richest being able to line their pockets with 700 billion mass-transferred from Middle America.

[lapislzi]

21. I care, Scheming Daemons

I don't know who you are or where you live or what your personal circumstances are, but I care. I care because I am your keeper. We are in this together. If you came to me, I would share with you. I'm not well off, but I would share. Whatever it is, we can divide it in half and each have some. If we have to, we can divide it in half again.

There are Americans who will share. There are Americans who get it: we're in this together. The ones who adopt the "you're on your own" philosophy either won't last or will head for the hills and live in isolation. We don't need them and we don't want them. If they come around, we'll welcome them back. Until then, we're in this together.

I got your back.

Edited because I got distracted and forgot to finish a sentence!

[liberalpress]

22. I feel your pain

Here at DU we are so focused on killing the rich, that if most of us die, well that's just collateral damage.

I thought we were supposed to care about people. Evidently I was confused about that point.