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House has just started voting on the bail out

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TwixVoy Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-03-08 12:10 PM
Original message
House has just started voting on the bail out
Right now the yeas have it. Looks like it will pass.
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-03-08 12:10 PM
Response to Original message
1. This is a concurrence vote, not the final vote
but it will pass, narrowly I suspect (I hope) things are getting scary out there and this will lessen the scary part, not stop it
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thewiseguy Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-03-08 12:11 PM
Response to Reply #1
3. I think they are voting on the actual bill?
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-03-08 12:24 PM
Response to Reply #3
7. No, this i motion to concur in Senate Amendments
I hate house procedure, it is arcane!

Basically it means they will agree on the senate version

Next comes the vote to suspend rules (no more debate)

And then comes the final vote
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girl gone mad Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-03-08 12:25 PM
Response to Reply #1
9. I don't think it will lessen anything.
It's a Friedmanite helicopter designed to help the wealthy.

Dollars are being destroyed while we grow our debt. Americans will have to work even harder for fewer dollars as foreign interests sitting on massive US dollar holdings buy up our oil reserves, mineral rights, timber, farmland and viable companies for pennies on the dollar.
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thewiseguy Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-03-08 12:10 PM
Response to Original message
2. It sure looks like it will pass
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bread_and_roses Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-03-08 12:14 PM
Response to Original message
4. It shouldn't take long for the over-seers to placate their Corporate Masters
Now the next step is to ratchet up the prices at the Company Store to pay for their Masters bounty.
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HillRodWins Donating Member (24 posts) Send PM | Profile | Ignore Fri Oct-03-08 12:21 PM
Response to Original message
5. If it Passes
It will be interesting to see how the Stock Market closes
today!
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MrCoffee Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-03-08 12:22 PM
Response to Original message
6. REM was right...I do feel fine.
Huh. How about that?
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FraDon Donating Member (316 posts) Send PM | Profile | Ignore Fri Oct-03-08 12:25 PM
Response to Original message
8. This is SUCH a stick-up ...
it just turns my stomach. 1:24P - mild fatuous applause: the CONCURRENT RESOLUTION just got enough votes to pass.

They've squandered their best chance in years.
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HillRodWins Donating Member (24 posts) Send PM | Profile | Ignore Fri Oct-03-08 12:26 PM
Response to Reply #8
10. This isn't the end
They will be "sticking us up" again in a few months
you can bet on it!
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FraDon Donating Member (316 posts) Send PM | Profile | Ignore Fri Oct-03-08 12:29 PM
Response to Reply #8
11. Round one (concur with Senate amendments) PASSES: 263-171
yeech
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girl gone mad Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-03-08 12:37 PM
Response to Reply #8
12. You're right.
Edited on Fri Oct-03-08 12:38 PM by girl gone mad
We had our chance here for real progressive reform.

Now we're saddled with even more debt which went only to help the wealthy at a time when we can least afford it.
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