What is Digg?60 Comments
- eastwood24, on 09/25/2008, -3/+37Whatever the results are from the congressional vote upcoming. I will be looking very closely at how my representatives voted. Socialism stops here!
- liberteebell, on 09/26/2008, -0/+33This welfare for wallstreet is treason! It has nothing to do with left and right, dem or repub--it's going to destroy our country. Call and write your reps and senators!
- wjappe, on 09/25/2008, -0/+31Perhaps this might work also. To those who haven't already called your reps in Washington about the bailout. I took my http://www.govit.com/ account and took one of the bill voting things and on the part where you send to reps I changed the subject and message to say I opposed the bailout,
it couldn't hurt. - webby65, on 09/26/2008, -0/+27Show congress what real bipartisanship is. Join in the fight to stop the bailout no matter what party you support. This is bigger than political parties - it's the very future of our country.
- cnot3, on 09/26/2008, -0/+21***** these ***** banks! We need sound money not bailouts!
- SeanyMac, on 09/26/2008, -0/+20Every day without a bailout is another reminder that we don't need one.
- bruno1969, on 09/25/2008, -2/+22Imagine that - Kucinich and I agree on something besides that UFO's exist. NO to the Bailout!!
- Cosmo96, on 09/26/2008, -1/+20Top 10 Recipents of Fannie Mae and Freddie Mac Contributions
1. Chris Dodd D-CT $133,900
2. John Kerry D-MA $111,000
3. Barack Obama D-IL $105,849
4. Hillary Clinton D-NY $75,550
5. Paul Kanjorksi D-PA $65,500
6. Robert Bennett R-UT $61,499
7. Tim Johnson D-SD $61,000
8. Kent Conrad D-ND $58,991
9. Tom Davis R-VA $55,499
10. Chris Bond R-MO $55,400 - hellbillyJoker, on 09/26/2008, -3/+20The Republic-RATS and Demo-CONS are about to sell us out again! Whether McBama or O'Cain wins really will not matter on the important issues. Both are unashamed Statists that agree on FISA, war-funding, and BAIL OUTS! Send a message this year by voting for the third party of your choice: Baldwin, Barr, Nader, or McKinney.
www.BobBarr2008.com - itsmesunny, on 09/26/2008, -0/+13RON PAUL IS MY PRESIDENT!
- imblest, on 09/26/2008, -0/+11We have to fight this welfare for huge companies who make bad business decisions! Yes, we're going to have a recession, but it will be even worse if we put if off by bailing out these idiots. Abolish the Fed and return to the gold standard!
- AnotherDiggGuy, on 09/26/2008, -1/+10Those figures are so small compared to the big picture that it's literally meaningless. That's like tossing a dime at a bum.
We just bailed our Freddie & Fannie for $100,000,000,000.
This plan $700 billion plan will lead to 20-40% inflation in the next 2-4 years, and the military/police will be employed for crowd control in the face of civil unrest. You heard it here first. Give it time, once it's indisputable and irreversable, the mainstream media will give it some attention. - inactive, on 09/26/2008, -0/+8"Bailout will be followed by Sellout to Chinese"
The Paulson bailout is part of a plan to sellout Wall St. to foreign investors. These investors are demanding that the toxic assets first be removed from the books before they rush in to buy up American financial companies at bargain basement prices. This is the real purpose behind the $700B plan. It is being forced on us by the Chinese and others.
http://digg.com/business_finance/Bailout_will_be_f ... - ramilehti, on 09/26/2008, -1/+8How is bailing out rich, corrupt corporations socialism?
This has nothing to do with socialism and everything to with corporatism. - eastwood24, on 09/26/2008, -0/+7Actually your right.
Socialism = socialized gains and losses
Corporatism=privatized gains and socialized losses.
Both suck though. - inactive, on 09/26/2008, -1/+8No bailout, Federal Reserve, Income tax, rogue government, taxation without representation, foreign wars of aggression, oligarchy, corporate welfare, bureaucracy, BS, lies, treason, mass murder, false flag attacks, war on terror, and no more tolerance!
No leniency for despots. All must hang, so start building gallows!!! To arms America!!! - ween14, on 09/26/2008, -0/+7Why do people think that banks are the only institutions that can loan money. The concept of peer to peer micro finance has been working out quite well in some developing countries and I don't see why it can't work here. Have your neighbor loan you money for a house. Have a town loan money to their students to go to college.
On a completely unrelated note, this bailout will cause continued bad investments by the banks (since they know we will bail them out again) an worsen the inflation we have been seeing lately. The average American will be hurt far more by these effects of the bailout then by a re balancing in the amount of credit in the market. - hellbillyJoker, on 09/26/2008, -0/+7"...the military/police will be employed for crowd control in the face of civil unrest"
Yep:
http://www.youtube.com/watch?v=uPukypFTBg4
Army Unit to Deploy in October for Domestic Operations
Beginning in October, the Army plans to station an active unit inside the United States for the first time to serve as an on-call federal response in times of emergency. The 3rd Infantry Division’s 1st Brigade Combat Team has spent thirty-five of the last sixty months in Iraq, but now the unit is training for domestic operations. The unit will soon be under the day-to-day control of US Army North, the Army service component of Northern Command. The Army Times reports this new mission marks the first time an active unit has been given a dedicated assignment to Northern Command. The paper says the Army unit may be called upon to help with civil unrest and crowd control. The soldiers are learning to use so-called nonlethal weapons designed to subdue unruly or dangerous individuals and crowds.
http://www.democracynow.org/2008/9/22/headlines#10 - imblest, on 09/26/2008, -0/+7NO, honestly we don't HAVE to bail them out! We need for people to WAKE UP to the idiocy running our government and financial businesses, so we can make some changes for the better. The Fed can't just keep printing money out of thin air, and these companies can't keep loaning money to every Tom, Dick, and Harry who asks for it whether they're qualified or not! Get your own financial house in order so you don't NEED to have loans and credit.
- AnotherDiggGuy, on 09/26/2008, -2/+9The warning signs have been around for a long time now... 6 months ago we were just crazy liberals without a clue. "Housing crisis? Oh, it will fix itself.". You never head a thing on any new network about the impeding crisis. The GOVERNMENT LIED MANY TIMES... I don't ever hear on the news how, refering to all the articles I read in the months leading up to this, that the Government repeatedly told us were are in no danger of a recesion, how there is no danger of a crisis, and how the housing issue will fix itself. We were lied to so many times, very blatently, by everyone, including the president, yet now that the issue is impending a major crisis, we all sit back and rely on these liars and thiefs to solve these problems by having EVERY SINGLE MAN, WOMAN, AND CHILD in America pay $2,300 to bail these liars and crooks out. I don't get it. Mark my words, this bailout isn't going to work. It's going to drive inflation never seen in America, and once that happens, that when things will start getting real bad.
McCain knew about this 2 years ago? It was likley just a fluke of trying to meet his proposal quota for that year. Either way, WOW, WHAT GREAT LEADERSHIP SKILLS TO LET IT HAPPEN ANYWAYS. The media didn't like Ron Paul, but he was the only man who knew this was coming and was trying to fix the problem for at least the past year. But what does a kook like Ron Paul know? Our country would much better be served by a deranged war POW. At least that how FOX, ABC, CNN, MSNBC, and all the other felt. We can't even make our own choices any more. Where ever the government can't make us choose, the media fills in the rest of the gaps.
I am so pissed off right now I could punch a hole in the white house wall. - Sandiec99, on 09/26/2008, -1/+7Welcome to the next phase of the r3volution. We are the R3al D3al. We are R3publicans. http://www.freeople.com/group/r3publicans We don't want no stinkin' bailouts. We don't want no Real (Dangerous) ID. Don't Blame Me - I voted for Ron Paul!
- AnotherDiggGuy, on 09/26/2008, -0/+6A voice of reason. It's obvious greater powers did not want Ron Paul to have a shot at president. In todays world, being right or wrong means nothing. If you control the media you control the world.
- stealthc, on 09/26/2008, -0/+6Buy guns while you still can.
- rocke86, on 09/26/2008, -0/+6Actually Republicans are currently refusing the bill and are not willing to negotiate. I don't like either party but applaud the Republicans for this.
Send Letters, Fax, and Call! - AnotherDiggGuy, on 09/26/2008, -0/+6Are you serious? Are you implying that since I trusted the government to run things properly, that I am an ignorant fool that should just accept his fate? Yea, in 1999 I was only 16 years old, and like most 16 year old I didn't care about politics.
"Bush repeatedly warning about this" ??? Show me some solid proof. I been reading the news since I realized our blunder with 9/11, and never once did I read anything where Bush was trying to warn us of this crisis. Admittedly this started in the Clinton era, but don't glorify bush. Your propaganda news sources don't work anymore. - inactive, on 09/26/2008, -0/+6Call your representatives, tell them NO bail out for the pigmen. Do what I did. Inform them that you intend to cross party lines and vote for those that DO NOT support this absurd request.
No Taxation Without Representation! - brisbin33, on 09/26/2008, -0/+5that's the most bizarre thing i've heard this morning; i like bizarre things. i bring you back from your plight of 0 diggs.
- hugolp, on 09/26/2008, -0/+4So in 5 years what? The same? what stops companies for behaving irresponsably and get into a situation where they can make another recesion happen? Youll have to buy them again. Its unacceptable. You have to stand now and stop this.
- _jinx_, on 09/26/2008, -1/+5This may sound a bit off, but why can't we use state lottery funds on a monthly basis to support this "crisis"? With a partial amount for actually winning?
- beve54, on 09/26/2008, -0/+4Are you under the delusion that there is a free market in the United States? Sad.
- Waiting2awake, on 09/26/2008, -0/+4Don't let anyone stop you form that hole making exercises. Remember that house is yours - the taxpayer, and the president sits there at YOUR pleasure.
- Waiting2awake, on 09/26/2008, -0/+4"
It's hard to beat the system
When we're standing at a distance
So we keep waiting
Waiting on the world to change
Now if we had the power
To bring our neighbors home from war
They would have never missed a Christmas
No more ribbons on their door
And when you trust your television
What you get is what you got
Cause when they own the information, oh
They can bend it all they want
"
- John Mayer Waiting on the World to Change. - titlemikedotws, on 09/26/2008, -4/+8A simple solution, Pass a law that makes all U.S. pennies worth $5.00 Nickels will still be nickels, dimes will be dimes but pennies will be $5 coins. Banks hold a lot of pennies so they get bailed out, the people living in America have the pennies not foreigners. Small business get a slight surge along with the great Americans that saved their pennies
- Unicorny, on 09/26/2008, -0/+3INDEPENDENT
A life of experience and wisdom. A non-violent revolution.
http://www.votenader.org/index.html - p9s50W5k4GUD2c6, on 09/26/2008, -1/+4We are going to need to take some action on this cancerous issue.
Cash for "trash" - who would want that. Cash for our future - hell yes.
Regardless of the final solution, I want Washington to insure that every penny of our taxpayer money is RETURNED (with interest) to the American taxpayer - in quick order and not one penny less. - AnotherDiggGuy, on 09/26/2008, -1/+4In addition to my earlier rant, I went to the way back machine to see confirm some lies the media was feeding us before this mess and discovered that there is no captures of drudgereport after February 2008. Same applies to many websites. Massive cover up?
http://web.archive.org/web/*/http://drudgereport.c ...
Last capture, Feb 22 2008, main headline: WHATEVER HAPPENS... WE'RE GOING TO BE FINE (While another article says Bush was dancing in Africa) - americangoy, on 09/26/2008, -0/+3421 DIGGs.
Not popular.
Quick - change the title to "Britney Spears boobs fall out!" and make the poster Mr. Babyman. - kemp34, on 09/26/2008, -0/+3Yes.
- kemp34, on 09/26/2008, -0/+3We don't have to bail out a blessed thing.
- Kent4jmj, on 09/26/2008, -0/+2From downsizedc.org
All Congress has to do is remove the mark-to-market accounting rule, and replace it with a "discounted cash flow" accounting rule. Doing so would . . .
* Enable firms to record a more realistic value for their assets
* Boost balance sheets and restore credit ratings
* Provide useful information that would serve to create a liquid market for these assets
In short, this one simple regulatory change would accomplish everything the Big Bailout is supposed to achieve, with NO expenditure of federal funds! - shesapainter, on 09/27/2008, -0/+2Call your reps!
- joshstone100, on 09/27/2008, -0/+1A majority of people don't care about anything of real importance. They aren't concerned about their country, economy or the future. They just want to be entertained. Let the government take care of everything. So of us realize where that's gotten us.
- joshstone100, on 09/27/2008, -0/+1They want to put everything on chips and money on barcoded cards.
- crocev, on 09/27/2008, -0/+1It is sad, but politicians in Washington do not have a clue.
It is a tragedy, but the folks at the Fed don't either.
The only ones who know are Wall Street fat a..es and they know they are going to be bailed out... for nothing! - NigerianHair, on 09/26/2008, -0/+1You know how many crackheads, grandmas and kids your idea would make rich? I'd love your plan to be put into effect just for kicks lol
- inactive, on 09/30/2008, -0/+1As you can imagine, I now regret making this comment. I will doubt no longer.
- aerobroken, on 10/04/2008, -0/+1Sorry, I was out of town and got to this one late...
- DFF777, on 09/28/2008, -0/+1Dugg and signed.
- unlawflcombatnt, on 09/27/2008, -0/+1Actually, the combined Fannie & Freddie Bailout is $200,000,000,000 -- $100 billion for each.
And that says nothing about the $5.5 trillion of Fannie-Freddie debt that was just put on the taxpayer's balance sheet. Add that to the current $1.8 trillion, and we got a new addition of $7.3 trillion to our long-term national (public) debt.
A trillion here, a trillion there, and pretty soon we'll be talking about some really big money.
http://unlawflcombatnt.proboards84.com/index.cgi?b ... - DrReaper, on 09/27/2008, -0/+1The fact they want legal immunity shows its nothing more than a legal defense with a Vegas payout attached to it.
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