Breakthrough Reached in Negotiations on Bailout  | | 
September 28th, 2008, 04:00 AM
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#1 (permalink)
| | Ultimate Member
Join Date: Sep 1999 Location: Jackson,MS
Posts: 5,324
| Breakthrough Reached in Negotiations on Bailout
http://www.nytimes.com/2008/09/28/bu...hp&oref=slogin FOXNews.com - Congressional Leaders, Bush Administration Agree on Framework of Bailout Plan - Politics | Republican Party | Democratic Party | Political Spectrum
The bill includes pay limits for some executives whose firms seek help, aides said. And it requires the government to use its new role as owner of distressed mortgage-backed securities to make more aggressive efforts to prevent home foreclosures. In some cases, the government would receive an equity stake in companies that seek aid, allowing taxpayers to profit should the rescue plan work and the private firms flourish in the months and years ahead.
pay limits for some executives Good Luck 
the government would receive an equity stake in companies that seek aid, allowing taxpayers to profit What bulschitt.
The two presidential nominees were active from the sidelines. Senator John McCain of Arizona, the Republican nominee, telephoned Congressional Republicans to sound them out on the bailout, and Senator Barack Obama of Illinois, the Democratic nominee, was getting regular updates by phone from Mr. Paulson and top lawmakers.
LMAO From the phucking SIDELINES OMG
Seriously, I'm almost in tears.."From the sidelines". This has got to be the scoop of the century.
My stomach is turning and my skin's crawling.
__________________
"To announce that there must be no criticism of the president, or that we are to stand by the president right or wrong, is not only unpatriotic and servile, but is morally treasonable to the American public." ---Theodore Roosevelt
Last edited by pickel : September 28th, 2008 at 04:16 AM.
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September 28th, 2008, 04:29 AM
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#2 (permalink)
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Join Date: Feb 2005 Location: Australia
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Who'd have thought the Bush administration could preside over an even bigger financial mess than the four trillion dollars of debt they've added to the country.
Well what do you know, he's still out there doing his best to beat that record.. | |
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September 28th, 2008, 04:38 AM
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#3 (permalink)
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Join Date: Sep 1999 Location: Jackson,MS
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| Quote:
Originally Posted by Disley  Who'd have thought the Bush administration could preside over an even bigger financial mess than the four trillion dollars of debt they've added to the country.
Well what do you know, he's still out there doing his best to beat that record.. | Remember what Yogi said, "it ain't over til it's over"
And I say, " The best is yet to come"
We're screwed. I'm more worried about my grand daughter. What kind of world will she be facing? | |
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