CONGRESSIONAL NEGOTIATORS REACH “FUNDAMENTAL AGREEMENT” ON BAILOUT

[Hope And Change]

CONGRESSIONAL NEGOTIATORS REACH “FUNDAMENTAL AGREEMENT” ON BAILOUT

Sen. Dodd announces they believe they have a reached an agreement on the financial bailout bill following morning closed door meeting on the Hill.

http://thepage.time.com/2008/09/25/congressional-negotiators-reach-fundamental-agreement-on-bailout/

[understandinglife]

1. Here's the Politico link, as well:

http://www.politico.com/blogs/thecrypt/0908/Fundamental_agreement_reached_on_bailout.html

[Hugin]

2. They lost me right here ---- 'closed door meeting'

What are they hiding?

[redqueen]

3. The fact that they let us down again, most likely.

:grr:

[Individualist]

4. They're attempting to hide their complicity.

[DemoTex]

5. Breaking news Email from CNN.COM

Congress has bailout plan. Taking it to Paulson now.

[Virginia Dare]

6. Great, crisis solved, now McBush can get his debate on.....n/t

[Skip Intro]

7. "but it does not appear to have a bankruptcy provision (allowing) judges to restructure mortgaes..."

"Dodd said the agreement includes a crackdown on executive compensation, but it does not appear to have a bankruptcy provision, coveted by liberal Democrats, which would allow judges to restructure mortgages for people facing foreclosure."

from the politico article


I have one question - why the hell not? If we can bail out billion dollar corporations, why the hell can't we give a helping hand to people who are losing their homes?

[Virginia Dare]

8. Agreed, this is infuriating..

it must have been a deal breaker for the republicons, what did they have to give up to get it? I guess the executive compensation clause, which was a deal breaker for the Dems, the way the article was written.

[halfstep]

9. And they did it all without Mccain...amazing

how could they reach a deal without super gramps pray tell?