The Washington Independent - Latest Comments in Hyperventilating on the Bailout

Re: Hyperventilating on the Bailout

GreggT — Wed, 01 Oct 2008 14:42:17 -0000

The full text of the bill has been posted on CNN's front page.

Re: Hyperventilating on the Bailout

Mr. Main Street — Wed, 01 Oct 2008 09:38:12 -0000

Wow. Glad to see this, esp. after reading Thomas Friedman in today's NYT charging anti-bailout members of Congress with "recklessness and incompetence".

Volcker by cured the crisis of the late 70's/early 80's by cutting money supply. Is this what you mean by deleveraging? Is it what the Fed should be doing now?

Re: Hyperventilating on the Bailout

GreggT — Wed, 01 Oct 2008 06:14:59 -0000

I'm having trouble finding the text of the legislation the Senate will vote on. It sounds like they will be tacking the House bill to another bill on energy incentives, but news reports seem to indicate there are substantive changes to the House text. Anyone else had any luck trying to figure out what exactly is being proposed?

Re: Hyperventilating on the Bailout

wooD — Tue, 30 Sep 2008 18:36:31 -0000

Agreed, but I don't think it'll die, they'll bring it back as the 7.2billion dollar bailout. My latest webcomic has been covering this. http://facebigelow.blogspot.com. Enjoy.

Re: Hyperventilating on the Bailout

Indianagal — Tue, 30 Sep 2008 16:49:50 -0000

Couldn't agree more with Mr. Morris. He is absolutely correct in everything he says. I for one was delighted to see it fail yesterday and happy some democrats had the guts not to just go along with it. Let's just hope congress continues to listen to the American public and not allow this bailout to pass. We will recover!