Ron Paul (Bob Barr) and Ralph Nader will oppose this

[mdmc]

me thinks the rest of us will get behind it quick fast and in a hurry.

---
Democrats Pledge Quick Action on Rescue Legislation

Sept. 21 (Bloomberg) -- U.S. Democratic lawmakers said they would act quickly on a $700 billion rescue plan for financial companies, while demanding that the legislation limit compensation for executives of companies that will benefit.

Treasury Secretary Henry Paulson urged the measure be passed ``clean and quick'' and Democrats, who control both houses of Congress, pledged not to tie the measure to an economic stimulus plan or slow down its passage.

``I know of nobody who is arguing over the amount of money or even about that the secretary ought to have the authority to purchase these toxic instruments, these bad debts,'' said Senator Christopher Dodd, the Democratic chairman of the Banking Committee.

Still, Democrats said they would seek changes, including limiting executive compensation and offering new help to homeowners struggling to avoid foreclosure. Representative Barney Frank, the chairman of House Financial Services Committee, wants the U.S. Comptroller General to be able to audit the Treasury's program. Lawmakers and Paulson both signaled a willingness to compromise.


http://news.yahoo.com/s/bloomberg/akp5ytcrbhpe

[rurallib]

1. fool me once shame on you. Fool me twice.....

what're we up to like fool me 37 times by now. Think maybe our leadership might catch on with this one?

[abburdlen]

2. Call you Senators and Congresscritter

And let them know you do not support the plan.
Not just because it lets those who got us into the mess off the hook - though it does
But because it won't work!
It will certainly help the markets in the short turn, maybe even for a few months (gee whiz, maybe long enough to get the economy off the headlines?)
But how can a MASSIVE increase in government debt not drive the value of the dollar lower and bring about inflation?
Does this give away fix any of the fundamentals that sorry John McCain, aren't that strong?

Which business sector is next to ask for the bail out? Auto industry sure could use a few hundred billion. So could the airlines. Now that the housing market has gone bust construction could use a hand maybe a couple of billion, just till things pick up.

Of course Barr, Nader and Paul will oppose this. Anyone not in the pocket of the ones who brought us to this point should be opposed to this.

As Obama said, "No. Blank. Check."

[Hippo_Tron]

3. Yes I'm sure the Ron Paul plan of returning to the gold standard will solve this problem

:eyes:

[medicswife]

4. Hey, the more they let him on TV to harp about how awful

McCain is the better, he's probably peeling off more and more disgruntled R's for Bob Barr. He was tough on Obama today, but said he had more to offer than McCain. Cracked me up. I know a bunch of my family in MT is voting for him, even though they'll have to write him in.

[mdmc]

5. I would take a return to the gold standard over corporatism

but I'm not much of an economist