How confident are you that the financial bailout package passed by Congress will ease the economic crisis?

This will be a day that goes down in history as the biggest sell out of the American people ever. God help us all.

SAD SAD SAD    I'm just so disappointed in the system. goverment for the people,by the people must only be in fairy tales. 

A lot of the protesters appear to be both short-sighted and self-centered.  Remember that there will be a ripple effect from this that will help PREVENT more job losses and home losses, for instance.  However, the only real cure for all these woes is for the corrupted and the greedy to become moral and ethical.  In plainest possible terms, "repent".

Another thought--despite all the protests from citizens, how can anyone really say that "America spoke and the politicians didn't listen"?  That would only be true if a vote were held in which citizens of ALL opinions participated.  When people start yelling we can't  hear the moderate voices.

Here's to all of the Obama backers who want "CHANGE".  Here's to all of the Democratic Congress who shoveled out this Wall Street Bailout "Christmas GIFT".  Here's to the "LARGEST NATIONAL DEBT" in the history of this country.  Here's to the continuing rise of prices in "OIL, FOOD, INFLATION, JOBS LOSES and don't forget TAXES".  Here's to the demise of this "Once Great Country".  THANK YOU OBAMA AND TO EVERYONE THAT SUPPORTS YOU!

Interesting to me, and I amy be seeing things in the US map, that the vote distribution appears to mirror the current Electoral Map projections.

I think everyone of these Banker CEO need to put back all the money that they did not earn.
How can anyone say they earned that and lead us into this mess.  Each and everyone of them needs to be investigate.  Today, one guy who was CEO of a bank that was just purchased by another, walked away with 18 million Check.and he was only a CEO for 3 weeks
INVESTIGATE and make the money return back to the people.  Why should we pay for their mess TWICE and maybe three times.

The economists seem to think the investors should bear the burden not the taxpayers.  Guess what, the investors are us and our pension or 401k plans and with regard to the latter few of us have much say in how those resources are invested.  We depend on the experts and on the government to keep us from harm.  Both should be punished for their failure to do so.  Most of all the Democrats should take a shellacking for their wild excesses in promoting Fannie Mae and Freddie Mac backing of seriously deficient loans while they accepted campaign contributions from same.  There is something wrong with this picture.  Cronyism rampant, fiscal irresponsibility, excessive salaries and perks, accounting irregularities and millions spent on lobbyists.  This was the genesis of the problem and no one is holding the Dems accountable.

I would have felt better if this money would have been distributed from the bottom up, (evenly divided between the people with bad mortgages and credit card debt) strictly to pay their mortgage bills and credit card payments in their names for THEM... straight to the same creditors who got the money anyway! Except that this way it really would have cleared up some bad credit on main street and freed up a lot of resources to go around on the ground level.  I have no problem with bailing out my neighbors in fact i believe they'd do the same for me, but I've never gotten the feeling that wall street and the credit market really cares about me!

All those who voted for Chaney/Bush, look what you've done.

How happy are you?  Now that you got what you ask for and force us to get.

This is what happens, when you elect an idiot and a super greedy.

And now, these same morons who voted for idiot/greedy, wants to elect rambling old man & scatter brain bulldog.

Do you have learning disability or you just born stupid.

Look, its very simple.

If you are happy with the way things are, than vote for Palin/McCain, but

if you are NOT happy, than you must vote for Obama/Biden.

This bailout only address's one part of the crisis which is why more than ever we need someone like Obama to continue to straighten it all out.

This package will not help Mr and Mrs Jones, its a windfall for Wall Street. 

Bush, Paulson and the media sold this package with fear tactics, and won. And now, as the saying goes, "laughing all the way to the bank".

It was pathetic to watch members of Congress on national TV admitt that even though they thought the bill was flawed, because they were under pressured to pass, (Bush, Paulson, Wall Street) had no choice, and caved in.  

These elected officials have not done right by the American people, even when America sent a resounding NO.  They should not be elected to office and that includes McCain and Obama.

What a waste of taxpayers money, it is mind-boggling, watch as more come out for handouts.  

The question is: Where is the "rush" to go after the culprits that have pillaged America? Can anyone answer this question?

The rich always take care of their own and Mr. and Mrs. Jones will always foot the bill.

Yesterday afternoon on MSNBC there was an article, after the vote, where Pelosi and Frank said that congress did not have to stop or even slow down spending because of this. Frank went on to say that the bailout won't cost $700 Billion, so we will be able to spend on roads, schools and a host of other things. (paraphrased)  They coned us and couldn't wait to tell us about it.  Here is the link.

Here's to the Republicans who get beat on every issue so resort to mudslinging.  I pray to god it doesn't work this time.  I sincerely hope that the average American sees through the putrid slime that the McLame camp is spewing.  McCain can't address the issues, so he and the Republicans blame everyone else.  Phil Gramm wrote it, McCain has always been in favor of deregulation i.e. Keating 5, and now HE'S going to help fix it?  Hyprocrisy anyone?  This bill isn't perfect, it might be only slightly better then nothing, but at least it's a shot.  Without the $110 billion in pork the Republicans insisted on in order to pass the bill it would have been anyway.  Now it's just another relfection of the self-interest of the Republican party.  Screw the taxpayers, we just want another term. 

Clearly, what we need now is a another good war.  Pakistan has nuclear weapons already deployed and they are shooting at us troops with our money and our guns.  They are harboring terrorists so we could get them into a war in no time.  We could finally test that old theory that a good war creates economic growth at home.  We could raise the additional troops we need from the millions of illegal mexicans invading from the south.  If they lived for their full tour, we could give them citizenship.  Besides, we should do our best to create cooperation between the hispanic drug gangs and the afghan poppy drug gangs.  but we might after reduce the very useful USAID money going into Africa and 100s of other failed states that love corruption, genocide, and putting us dollars into swiss bank accounts.  After all we been giving these folks who hate our guts millions every year for 70 YEARS. 

The Federal Debt is $10 Trillion Dollars.

This current action to provide $700+ billion is to solve a "cash" and lending problem.

The Federal deficit problem could result in the US unable to borrow and a crisis that would truly wreck havoc with the entire country.  It would be a mistake to dismiss this as being alarmist.  Again, the Federal Debit is $10 Trillion with annual spending exceeding revenue by 15 to 20%.   Try that in your house and see what happens.

I suspect no one is going to surface this problem during the election.  The issues involve tax's, social security, medicare and defense. 

I think everyone needs to read this. This was on another blog here on Newsvine. If this doesn't bring a tears to your eye then you're not an American and you don't have a heart. Every time I read this I cry!!

"That was well put, and I think I can comment for people outside the US as I am not a US citizen. The biggest problem for the US is the US. America is destroying itself, this has been going on for some years now, and all the western powers have been warning the US about this for almost 30 years. It does trouble us the Americans have a system that allows 50.01% of the people to speak for them all, and how easily corrupted this system is, we do laugh often at the idea that all that is needed to fix America is to invent a time machine and go back to the days when Elvis was King, and Caddies had tail fins, we also find it amusing that Americans think that the world and its economy is somehow dependent on the US and its ability to consume, and the way Americans think that if the share price drops in another country it has the same dire consequences there as it does in the US. The truth is, it does not, as stock markets are seen in a more esoteric way outside the US. Seeing the spectacular failure of the US military in the war on terror was ofcourse the final straw. Once America lost all respect for its ability to project its power around the world, and the dismantling of the US legal system by GW Bush, Geo-Political power began to shift. 
However your comments about the two presidential candidates are spot on, Everyone knows the world will be poorer (I dont mean $) for the loss of the USA as a player, but it is time to move on, we cant keep baby sitting the US and hoping it will come out of it's stupor, The very fact that one of the presidential candidates does present some hope, (Lucky for you Hilary was not there) means that the rest of the world also still hold out some hope of the US rejoining the world. He will have a very short time to prove that he is serious about these things though, if there is not radical improvement and a move to bring the US into line with international law, then things will............. The US can not save itself,  if the USA is around after 2017 it will only be because the rest of the world thought it was worth saving. Otherwise the World Bank will call in its debts and they are debts that the US can not pay."
 

Another scare tactic from Bush, When will the public wise up. Look at who benefits.

I just heard a news person on TV say "these people should be renters and not buyers. First renting costs nearly as much as a mortgage payment. 2nd if companies stopped sending jobs overseas to get cheap labor so the executives can reap higher profits we'd have more Americans able to secure real loans and last if CEOs and other executives took home (example) 1 millon per year instead of 25 million and the other 24 million "trickled down" to higher wages for the common man and woman we would have more families able to live the dream and pay their mortgages and everyone would win. Greed baby, it's the name of this game.

I recently read this article... interesting... Who actually is responsible for DEREGULATION??? Clinton, Republicans agree to deregulation of US financial system
Go to World Socialist Web Site www.wsws.org to read the article...