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Just 30 percent say they support Bush's package, according to an Associated Press-Knowledge Networks poll released as White House and congressional leaders struggled to rescue the plan after House Republicans rebelled against it. Despite the president's pleas that the package is urgently needed to prevent an economic meltdown, 45 percent say they oppose Bush's proposal while 25 percent said they are undecided.
http://news.yahoo.com/s/ap/20080926/ap_on_el_pr/ap_poll_financial_meltdown
Just what the world needs.....another loud, whiny, angry New Yorker.
try to make people pay attention to what they are doing.
remember?
WASHINGTON (AP) -- The CEO of failed Washington Mutual Inc., on the job only a few weeks before the nation's largest thrift was seized by the government and sold to JPMorgan Chase & Co., is entitled to more than $13 million in severance and bonus pay.
Alan H. Fishman signed an agreement that provides around $6 million in cash severance and retention of his signing bonus of $7.5 million if he were to leave his job, according to a company filing with the Securities and Exchange Commission.
http://biz.yahoo.com/ap/080926/wamu_ceo_pay.html?.&.pf=banking-budgeting
Isn't it enough we murdered the native americans, stole their land and stuck them on reservations.
Giving them some money now, via gambling is the least we can do.
the banks and mortgage companies are about to receive!!!!
Indian gaming didn't cost the taxpayers a thing, in fact here in California they are helping to pay our debt.
only liberal democrats would see a problem with that.
Why aren't they protesting about the $700 billion in corporate welfare for the banks and mortgage companies???
Altogether, 56 senators and representatives had stakes in AIG, Lehman, Fannie Mae, Freddie Mac, Bear Stearns Cos. or IndyMac Bancorp Inc. -- some of the biggest casualties of the market bloodbath -- according to the Center for Responsive Politics.
http://news.yahoo.com/s/bloomberg/20080919/pl_bloomberg/asetgbxg0c0s_1
Sept. 19 (Bloomberg) -- The market storm that brought down Lehman Brothers Holdings Inc., American International Group Inc. and other pillars of U.S. finance may have also blown holes in the portfolios of House Speaker Nancy Pelosi, Senator John Kerry and more than 50 other members of Congress.
Pelosi, in her most recent financial disclosure form, reported that her husband owned between $250,000 and $500,000 of stock in AIG, which ceded majority control to the U.S. government this week in exchange for $85 billion of loans.
Kerry, the 2004 Democratic presidential nominee, disclosed that his wife, Teresa Heinz Kerry, had more than $2 million of AIG stock at the end of 2007, when shares were worth $58.30. AIG has fallen 85 percent this week to close yesterday at $2.69. The lawmakers' aides didn't respond to calls seeking comment.
http://news.yahoo.com/s/bloomberg/20080919/pl_bloomberg/asetgbxg0c0s_1
Allowing these 56 politicians to vote on the $700 billion in corporate welfare is a much LARGER conflict of interest.
but the fact that Obama can't win it on his own proves how truly inexperienced and unqualified he is to be president.
A good start would be for Obama to apologize for smearing Bill as a racist.
Altogether, 56 senators and representatives had stakes in AIG, Lehman, Fannie Mae, Freddie Mac, Bear Stearns Cos. or IndyMac Bancorp Inc. -- some of the biggest casualties of the market bloodbath -- according to the Center for Responsive Politics.
http://news.yahoo.com/s/bloomberg/20080919/pl_bloomberg/asetgbxg0c0s_1
Ohio Congressman Dennis Kucinich responded appropriately Sunday, when House and Senate leaders announced early a bipartisan agreement for a variation on Treasury Secretary Henry Paulson's $700 billion (plus-plus-plus) bailout plan Wall Street.
Kucinich wasn't buying into the idea that everyone in Congress would climb on board for the bailout. "If the votes were there, this would be on the floor. The votes aren't there," Kucinich said Sunday.
The $700 billion bailout for Wall Street, is driven by fear not fact. This is too much money in too a short a time going to too few people while too many questions remain unanswered. Why aren't we having hearings on the plan we have just received? Why aren't we questioning the underlying premise of the need for a bailout with taxpayers' money? Why have we not considered any alternatives other than to give $700 billion to Wall Street? Why aren't we asking Wall Street to clean up its own mess? Why aren't we passing new laws to stop the speculation, which triggered this? Why aren't we putting up new regulatory structures to protect investors? How do we even value the $700 billion in toxic assets?
Why aren't we helping homeowners directly with their debt burden? Why aren't we helping American families faced with bankruptcy. Why aren't we reducing debt for Main Street instead of Wall Street? Isn't it time for fundamental change in our debt based monetary system, so we can free ourselves from the manipulation of the Federal Reserve and the banks? Is this the United States Congress or the board of directors of Goldman Sachs?
It is the board of directors Dennis......
Altogether, 56 senators and representatives had stakes in AIG, Lehman, Fannie Mae, Freddie Mac, Bear Stearns Cos. or IndyMac Bancorp Inc. -- some of the biggest casualties of the market bloodbath -- according to the Center for Responsive Politics.
http://news.yahoo.com/s/bloomberg/20080919/pl_bloomberg/asetgbxg0c0s_1
The more voters learn about the proposed $700-billion taxpayer-backed Wall Street rescue plan, the less they like it. Most voters remain largely unworried about their own money, too.
Just 24% of U.S. voters now favor the plan first proposed by Treasury Secretary Henry Paulson a week ago and the subject of very public negotiations on Capitol Hill ever since, according to a Rasmussen Reports national telephone survey taken Friday night. Fifty percent (50%) oppose it, and 25% are undecided.