Thread: Bailout In Senate Started!!! C_SPAN-2

Sen. Menendez (D-New Jersey) says doing nothing is not an option.
Claims people will loose jobs and credit.

Calls the bailout an "Economic Stabilization Plan".

Very likely he will vote yes.!!

he is useless.. And He will vote yes-he's a sellout

Losing all respect for these people. They just are not paying attention.

Oh dear, Senator Bob Corker, traitor from Tennessee and a lead backer of the bail out legislation. He is on Neil Cavuto.

He is a "definite" YES. Well, I am a definite NO.

Ephesians 4:32

Sen. Shelby (R-Alabama, Banking Housing Urban Affairs Committe Ranking Member) Explains the down fall of home mortgages.

Says he opposed the CRA. Says credit can only be given under the assesment of risk, not social engineering.

Shelby is laying blame on Dems and their support for GSEs. About time!!!

Blaming Dems in the banking committee (that would be Chris Dodd).

I cannot believe how this Community Reinvestment Act and ACORN have done so much damage to our nation though they claim to be doing good.

I like Shelby taking up for the people. "He has no allusions about the vote."

Determine range of problems - we have not done that

Legislation is now a long and complex bill

The bill does not require that taxpayer losses be paid - Lot of luck

We are about to double the exposure of the FDIC without hearings

Ephesians 4:32

Originally Posted by GeorgiaPeach

I cannot believe how this Community Reinvestment Act and ACORN have done so much damage to our nation though they claim to be doing good.

Ephesians 4:32

Socialism sucks!

Shelby is going against the Paulson plan very strongly, he must be voting NO!

Originally Posted by LawEnforcer

Shelby is going against the Paulson plan very strongly, he must be voting NO!

I think you are right. Nice to hear someone speaking with reason.

Bill Nelson is talking against this bill. He's probably against it.