Tentative Agreement Reached on Treasury’s $700 billion Rescue Plan … Deal or No Deal?

Robert L. Borosage: After the Revolt Against Wall Street

Posted 9/29/2008 on Huffington Post Entertainment Blog

The fix was in. The leadership of both parties in Congress, both major presidential candidates, media poobahs, financial statesmen from Warren Buffett to Bob Rubin, all weighing in to support giving the Treasury Secretary a $700 billion revolving fund to bail out Wall Street. And then ...

UH OH.....House KO's Bailout Bill.....

Posted 9/29/2008 on Afronerd: putting the Black Bourgeoisie back on top(of the Ghetto Masses)

This just in-Excerpt from the AP : WASHINGTON (Sept. 29) - The House on Monday defeated a $700 billion emergency rescue package, ignoring urgent pleas from President Bush and bipartisan congressional leaders to quickly bail out the staggering financial industry. Stocks plummeting on Wall Street ...

The Day that the $700 Billion Bail Out Package is To be Voted On … Check out this Video

Posted 9/29/2008 on Scared Monkeys

How did we get to this terrible situation? A $700 billion bail out to save the economy. Financial crisis that are compared to the Great Depression do not just happen overnight. Why did politicians not do anything and not see this coming when they all knew the situation at hand? The end ...

McCain And Obama Tentatively Support Bailout Plan

Posted 9/29/2008 on Sponkit Celebrity Blog

Republican presidential candidate John McCain and Democratic presidential hopeful Barack Obama, who shared good presidential debate, tentatively supported the $700 billion plan to bail out the U.S. financial system. John McCain revealed: “This is something that all of us will ...

Bono and President Clinton speak about $700 Billion Wall Street bailout

Posted 9/25/2008 on Cele|bitchy

U2 frontman Bono, who has become an international spokesperson in recent years on global poverty, is astounded by how quickly the U.S. government was willing to part with $700 Billion to bail out flatlining investment banking firms. The singer says he and other advocates have had trouble ...

Daniel Radosh: The Bailout and the War

Posted 9/25/2008 on Huffington Post Entertainment Blog

The man-on-the-street (as opposed to Washington elite) conventional wisdom is pretty clear: Taxpayers shouldn't have to pay $700 billion for a no-strings-attached plan to bail out people who got themselves into a disastrous mess through their own damn fault -- people who should have known that ...

Let 'em fail?

Posted 9/25/2008 on Radosh.net

The man-on-the-street (as opposed to Washington elite) conventional wisdom is pretty clear: Taxpayers shouldn't have to pay $700 billion for a no-strings-attached plan to bail out people who got themselves into a disastrous mess through their own damn fault — people who should have known that ...

President Bush Warns Long Recession In The Midst of Financial Crisis

Posted 9/25/2008 on Sponkit Celebrity Blog

President George W. Bush, who address nation on banking bail-out, has issued an urgent warning that America’s “entire economy is in danger” and a failure by Congress to agree to his $700 billion bailout package would lead to a “long and painful recession”.  ...