molson_golden2002

Its not all Americans, and really only a large minority of them that support her. Tell them we have a pretty big propaganda network that brainwashes these people

The NYT and WHP both do alright. They are great news sources. Not perfect, but way better than anything you will find on TV

A lot of people have been surprised by Obama's polling success in NC, that it has a lot of major banks there might explain that

David Brooks today in the NY Times:

Burn the charts then! No one wants them, what's the point of them? I personally hate the charts--all charts! Charts are stupid! Charts lead to un-happy endings! Charts are evil

Ya, know, if Bush hadn't pissed his credibility away he might have been able to steer us through this better. Just sayin. I think that the problem here is with his own people, too. I don't know that for a fact, just sense it.

With the country looking like its headed down the shitt-- it sure was sickening to see the blame game go on. And I'm very partisan, myself. We are talking about a disaster in the making and everyone was just pointing fingers. Why should we expect more, though? Democracy, the worst form of government, except all the others

I think the mood is already swinging. The normal media has seemed to jump on this big time and the guys that were doing everything they possibly could to kill this--Dobbs, Rush and Beck--from what I have seen seem to be backing off. Lou Dobbs on the radio today on my drive home was trying to laugh off the drop on Wall Street, and Beck had a couple of Wall Street Journal guys on that supported the bailout. Rush I don't know about, though. Buzzflash, a left wing internet site I go to had articles bashing this bailout, but then switched over to blaming McCain for its failure So I take that as a sign people are waking up. My concern is, when the tax revenue drops, the government will have to make that up by borrowing anyway, or they risk a drop in consumer spending if they cut government spending. So we will spend the money anyway, but not in the area that will free up credit. You mentioned early about run away inflation, and I think that could happen if the gov has to keep borrowing and borrowing. Where would it stop? Might as well put the money where it will do the most good.

So that the taxpayer isn't burdened with the results of doing nothing

Maybe the best thing that can happen is the market not to rebound before they get something done. The fall in stocks must have lit a fire under someone's ass. Can't the Democrats just get enough votes together themselves with maybe a few more Republicans?

Yes he was, and drew support basically from the same areas that Bush did, the South and what was West then, and is mid-West now. Anti-Banking sentiment has been strong in American history, especially among rural farmers. I was just watch CNN and the term "Wall Street Bailout" isn't helping this. Who helpede the poor farmers in the 1920's and 1930's when the banks took their farms? I think some of that sentiment survives

What about the lost tax revenue from the stock market? This can spirial out of control so quick. I have the TV on and the blame game is going on, the media is positively giddy over a cool story and I think I smell smoke as the nation burns.

Interesting stat. While 2/3 of Republicans voted against it, of those Republicans that are retiring, they voted for it 18-4 http://blogs.tnr.com/tnr/blogs/the_stump/a...ted-for-it.aspx

I just think these politicians were jammed with cranks calling them telling to not vote for an unpopular bill. A sizable majority of Americans own stocks, you think they wanted this to happen? But politicains looked at the polls, heard the angry phone calls and the nasty emails and backed down on it

Kinda scary when the far left and far right are fighting for the same thing. Its almost like the Nazi and Communist in Weimar Germany fighting together to destroy that Republic before turning on each other

It looks like both Rush Limbaugh and Michael Moore are happy right now.

Comic relief: http://dyn.politico.com/printstory.cfm?uui...82949C5A24271A8

Or people are stocking up on canned goods

Andrew Jackson killed the nations central bank in the 1830's and it led to a massive depression

I don't think this is partisan. I'm sensing a rural revolt against Wall Street. Just my initial guess.

Be interesting to see the regional breakdown of where most the "nay" votes came from

Interesting blog hit from Salon: If your idea of fun is watching congressional politicians discuss what to do about "the most significant financial crisis of the post-WWII world" then CSPAN on Monday morning made for some absolutely riveting television. The smell of fear and anger is in the air. Passing the "Emergency Economic Stabilization Act of 2008" will be a historic act and the legislators know it. In 45 minutes, I heard four legislators, Republicans and Democrats, cite the Great Depression. Republicans attacked the "financial industrialists of Wall Street" while Democrats argued passionately in favor of a bill originally proposed by the Bush administration. Conservative Republicans are not happy. "A vote for this bailout is a vote to ratify business as usual in Washington," said Rep. Ginny Brown-Waite, R-Fla., calling it "a gun to the head," and "extortion." Todd Akin, R-Mo., said, "If we pass this bill we'll be back here in another couple of months and the banks will still be failing." But it's not just Republicans who are angry. Marcy Kaptur, D-Ohio, who made news last week with her YouTube bailout sensation, also opposed the bill, declaring that it "bails out behavior" with "no reform." She also refused to accept the theory that this is "the worst financial crisis in modern times," stating that the 1980s were much worse. Populist anger, a sense of foreboding, a stock market sharply down, and a vote coming soon. UPDATE: Strange times alert: The far left, Dennis Kucinich, and the far right, Michelle Bachmann, are in agreement. They hate the bailout bill.