Tag Archives: Wall Street bailout

Barney Frank & Bill O’Reilly Go To War

Holy crap. We’ve seen Bill O’Reilly melt down many times before but this is insane. Barney Frank gives as good as he gets. (Maybe that’s not the right way to word that.)

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Bailout Passes Senate,
House May Vote On Friday

Once more, with stealing. The Senate strongly endorsed the $700 billion economic bailout plan on Wednesday, leaving backers optimistic that the easy approval, coupled with an array of popular additions, would lead to House acceptance by Friday and end the legislative uncertainty that has rocked the markets. In stark contrast to the House rejection of the plan on Monday, a …

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Second Bailout Vote Today

This 13 year-old history buff was reenacting the Great Depression in front of the Stock Exchange yesterday. Today Congress will take another run at the Great Bailout. Top lawmakers said the Senate proposal, worked out after a day of behind the scenes maneuvering, would include tax breaks for businesses and alternative energy and higher government insurance for bank deposits. “It …

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HomoQuotable – Barney Frank

“Here’s the story. There’s a terrible crisis affecting the American economy. We have come together on a bill to alleviate the crisis. And because somebody hurt their feelings, they decide to punish the country. I mean, I would not have imputed that degree of pettiness and hypersensitivity. We also have — as the leader will tell you, who’s been working …

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House Votes Down Bailout Bill,
Stock Market Currently Down 500

The House of Representatives just voted down the bailout bill by a vote of 226-207. Democratic: Yes – 141 No – 94 Republican: Yes – 66 No – 132 Totals: Yes – 207 No – 226 Supporters of the bill are working the House floor attempting to turn some of the No votes to Yes, so those totals will likely …

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I Can Haz $700 Billion?

Via Gawker, a demonstrator protests behind the backs of Treasury Secretary Henry Paulson and Fed Chief Ben Bernanke. Headline stolen from a Gawker commenter. And what do you know, the bailout is turning out to be a hard sell. “What they have sent us is not acceptable,” the committee chairman, Senator Christopher J. Dodd, Democrat of Connecticut, told The Associated …

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