Provisions that do not address the actual issue causing the credit crisis.

There should be one, and only one provision in the bill.  What to do with
the bad mortgages to stop the waves of foreclosures? Fix this problem and
banks will start lending again.

We can worry about FDIC limits, CEO pay, and tax break later.

But, I do not expect Congress to understand this.

-----Original Message-----
From: G Money [mailto:[EMAIL PROTECTED] 
Sent: Wednesday, October 01, 2008 5:31 AM
To: cf-community
Subject: Re: House rejects Bailout

I think the bailout still only got support from 60% of the dems...not
exactly a ringing endorsement.

Now they've tacked on two, mostly useless, provisions to see if they can get
the bill through tomorrow or friday:

1) Extend tax relief that was too expire and
2) Raise the insured amount of FDIC from 100K to 250K

Does this win ANYONE over??? Didn't think so.

On Tue, Sep 30, 2008 at 6:20 PM, Dana <[EMAIL PROTECTED]> wrote:

> and that is a positive. At least you are thinking about it. I'm a
> little disappointed in some of the stuff I am hearing from the dems,
> myself (are they so used to being called the big spending party that
> they are for spending for the sake of spending?). But yes, interesting
> times...
>
> > Dunno who to believe.
>
> 



~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~|
Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to 
date
Get the Free Trial
http://ad.doubleclick.net/clk;207172674;29440083;f

Archive: 
http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:271715
Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm
Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5

Reply via email to