93 Democratic Heroes!

[blueinindiana]

NO BAILOUT!

This Great Depression Scare is utter and complete BS!

[bullimiami]

1. doesnt it mean there are 120 republican heroes too?

[derby378]

2. Maybe not "heroes" per se...

...but finally sick and tired of Herr Decider's bullshit.

[avaistheone1]

3. At least the Dems votes No for the right reasons.

The Republican plan was really bad with their capital gains plan.

[Virginia Dare]

5. The repubs supposedly voted no because Nancy was a meany...n/t

[blue sky at night]

10. you are damn straight.......

i am very proud of those reps who today stood up to the bu$h regime....probably for the first time in their tenure.

[Mass]

4. So, I suppose that those who will lose their jobs, their retirement savings, ...

are bad guys.

I understand why they did it, particularly if the GOP was not on board, but do not call them heroes.

Thanks to the GOP ass*les and with their help, a lot of good people are just a little more worse off than they were yesterday. Thanks, but no thanks.

Only silver lining. May be we will be able to pass a BETTER bill, but only idiots think that nothing needed to be done.

[wtmusic]

6. Feh. All speculation.

At least we're not $700B more in debt. That's a fact.

[depakid]

8. My theory is that most of the shallow and most vocal types

never saved anything for retirement- but rather spent on themselves as they went along.

[Virginia Dare]

They'd have been heroes if they'd have stopped it from happening..n/t

[depakid]

7. 93 fools who are more concerned with ideology than with the world's economy

I suspect Obama will beable to convince some is not most of them to get on board by the end of the week. Hopefully, in time to prevent much more damage from being done.

[blueinindiana]

9. Fools? My ASS

Voting yes would have signed their death warrant and they would be out of office.

[depakid]

12. Maybe with fools who can't see beyond their ideological noses

until of course they begin seeing that cutting off their own noses to spite their our collectgive faces wasn't such a bright idea.

Then those same FOOLS will be clamoring loudly for Congress to do something- by which time it will be too late for many of them.

After which they'll blame the same representatives with equal fervor- because that's how fools behave.

[That Guy 888]

16. Do you know that there are lots of economists who disagree with you?

I'm not saying (nor are they) that nothing should be done, just that this wasn't the best plan. From what I understand, this might have temporarily slowed the debt crisis, but at the cost of almost certainly guaranteeing further financial problems by causing sharply higher US interest rates or a US dollar collapse.

[depakid]

17. And, as is always the case- there are many more who agree

that some form of a plan like this is neccessary.

As to a dollar collapse, currency markets are based on relative conditions which is one reason why, despite the current situation in the US with the various loans and bailouts- the dollar's been making gains in an environment that many would have expected it to fall.

[That Guy 888]

18. I haven't seen any who want anything like what was being voted on today

All the economists agree something should be done, but not necessarily this.

from the report I read about the original bush proposal :

"This bill approaching $1 trillion, is so extreme, it is undeniable that

1. It could double or triple the federal deficit in a very short period of time.

2. Such a dramatic increase in the deficit would drive up the cost of borrowing not only for the U.S. Treasury, but
also for other bonds and for millions of Americans seeking a mortgage or other credit, since Treasury yields are
the benchmarks against which most borrowing is based.

3. To the degree that the Federal Reserve purchases U.S. government securities for its own account to help support
bond prices, it would devalue the U.S. dollar, risking a dollar collapse and the flight of much-needed foreign
capitol from the U.S.

4. Ultimately, either of these outcomes-sharply higher U.S. interest rates or a U.S. dollar collapse-could seriously
aggravate the very debt crisis that the bailout plan seeks to address.

[New Dawn]

15. Giving $700 billion to the billionaires who caused this mess is what would be foolish.

[natrat]

11. the scare is not complete bs..prudent responsible legislation might help but not this giveaway

[TBF]

13. Agreed. We're not out of the woods. This was a bad bill - with too much power

given to the treasury and no limits on executive salaries. Both Sanders and Kucinich have better plans to consider, that do much more for average taxpayers and people threatened with foreclosure.

[New Dawn]

14. K&R - good to see that not ALL of them are completely bought off by the rich.

I guess 75% opposition from the public near an election might have also played a bit of a role as well LOL!