Bailout Bill Passes the Senate
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With All Of Its Little Sweeteners to Seal The Deal
RestoreTheRepublic.com
by Michael Vonasten
The United States Senate passed the ‘New and Improved’ bailout bill this evening (Oct. 1, 2008). With a 74 aye and 25 nay vote, the bill passed in a landslide. I guess the Senate isn’t listening to Americans when we voice our extreme opposition to this ‘Billionaire Bailout’.
The bill is scheduled to go in front of the House on Friday.
Unlike the House bill, this bill has all kinds of fun little measures included to entice both Republicans and Democrats to vote aye. The House bill was 110 pages; this one is 450. It includes raising FDIC insurance from $100,000 to $250,000, federal aid to rural schools, and a landmark health provision requiring insurance companies to provide coverage to mental health patients. It is just enough to entice a large bi-partisan effort in the House.
The bill also allows the FDIC to borrow an unlimited amount of money from the Treasury Department until the end of next year to cover the increased insurance limit.
This bill is even more dangerous than the last one. While still being a bailout for bankers that are engaged in bad mortgage loans, this bill has sweeteners designed to be well-received.
This is another call to action. We need all freedom and free-market loving individuals to put the pressure back on the House of Representatives. We need to jam their switchboards, email inboxes, and fax machines. We need to storm into their offices and demand that our money will not be used to keep the elite’s balance sheets balanced.
This an incredibly unprecedented time we are witnessing in our nation’s history. We are watching America go from a government-controlled market to an all-out corporate socialist state. It is time to get down and dirty and show them what we are made of.
Let’s get busy.
Call the congress switch board at: (202) 224-3121
Find your congress person’s contact info here: http://www.house.gov/house/MemberWWW_by_State.shtml
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October 1st, 2008 at 9:30 pm
Now is the time to call our Congress men and women, and once again let them no, NO MEANS NO!!
Flood the lines, fill the email boxes and let your voice be heard!!
October 1st, 2008 at 9:32 pm
There is a list of those senators who voted “Nay” at cspan.org, so you can deduce who sold you out. Get on the phone with reps, better yet, visit them - E-mails probably not as effective
October 1st, 2008 at 9:44 pm
Tell them that tax breaks and extra FDIC insurance added onto the bill as “sweeteners” will be MOOT when dollar crashes!
October 1st, 2008 at 11:11 pm
How slippery the slope is getting. We were told it would be voted on Thur. so they do it Wed. We need to make them aware they are our voice, OUR REPRESENTATION. We need to take this to the everyday people, protest and inform with a grass roots effort at…Walmart, McDonalds and anywhere else the everyday low to middle income American likes to frequent. We need to make people aware of what is at stake, that are happily just another sheeple in the flock. We witness unprecedented greed.
October 1st, 2008 at 11:12 pm
How did an insurance mandate make it’s way into this bill? HOW DID EDUCATIONAL FUNDING make it’s way here? What?
Call your Congress!!!
October 1st, 2008 at 11:19 pm
Can you say “EARMARKS”. I think you can….
October 1st, 2008 at 11:20 pm
I have been fighting and getting all my friends on Myspace and elsewhere to fight. I love those that stand in the front-lines, however, it is my strongest opinion, the same way Bush slipped into the White House this Bail Out is going to pass! The Powers Behind the Throne have us all right where they want us, ignorant, naive and too weak or broken or imprisoned to fight back.
GET OUT AND VOTE AMERICA….you can blame no one but those who did not vote. Get the Rotten Apples out of Washington. They are destroying all that we Love!
Sadly,
Kachina
October 1st, 2008 at 11:27 pm
I wrote emails every day for the last week and a half Called each office. Yesterday and today the House.gov contact page for my representative was down so I faxed to his DC, hometown and the state offices and had no trouble getting through. I sent each Chuck Baldwin’s plan to fix the issue and also Dave Ramsey’s simple solution. The fax numbers are on the contact page for your Rep.
October 1st, 2008 at 11:28 pm
I have numerous concerns about this bill, all which echo positions enumerated by Ron Paul. However, I clicked on this site to further clarify the factual points of failure in this bill, only to find emotional ranting. While our representatives clearly do not, lack of content render us equally impotent…
October 1st, 2008 at 11:36 pm
One wonders…. will they, could they… do you think this could be the beginning of the dangling of a National Healthcare Policy in front of those folks walking into Walmart and Macs?
Sounds like 450 tedious pages of pure wreckage to the Constitution - compare it to the 588 page 911 Commission Report.
October 1st, 2008 at 11:37 pm
YOU ARE NOT GOING TO BELIEVE IT. THIS BAILOUT BILL IS NOT ABOUT AMERICAN BANKS OR ASSETS.
The truth was outed on Kudlow’s 9/30 show by Brad Sherman (D-CA). Watch the video, then RAISE HELL RIGHT NOW with your Congress Critters. THIS BILL MUST NOT PASS!!!
“Hundreds of billions of dollars are going to bail out FOREIGN INVESTORS. They know it, they demanded it, and the bill has been carefully written to make sure that can happen.” - Brad Sherman , D-California.
http://www.kickthemallout.com/article.php/Video-Bailout_NOT_About_American_Assets
October 1st, 2008 at 11:42 pm
Time to call it a day boys, and girls…..We live in Disneyland… Wake me when the revolution begins.
October 1st, 2008 at 11:46 pm
Our constitution is on display at the Capitol. It is located at the front door on the ground with a sign reading “Please wipe your feet before entering” and our ELECTED officials have no problem following those instructions. Liberty demands our attention. We have a duty to the people who have or are serving, as well as those who fought and died. Our Founders warned of this. Our apathy has contributed to this mess. ENOUGH!!!