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Senate Leaders in Congress Agree to a Short Term Bailout for the big three

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Ichingcarpenter Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-05-08 08:01 PM
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Senate Leaders in Congress Agree to a Short Term Bailout for the big three
Breaking now on Rachel
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Ichingcarpenter Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-05-08 08:02 PM
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1. Barney Frank coming up and Rachel said he will reveal the plan
She announced it as breaking news.
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Ichingcarpenter Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-05-08 08:04 PM
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2. Short Term rescue plan hopefully will bring it into Jan 20th
I''m happy with this news. Don't know what the plan is yet.
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Ichingcarpenter Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-05-08 08:08 PM
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3. Barney Frank is on now
explaining it now
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Ichingcarpenter Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-05-08 08:10 PM
Response to Reply #3
4. The money is coming from the $25 billion from the last session
that was given to upgrade the auto industry. Bush can still veto right now
so they have to be tricky with it.
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Ichingcarpenter Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-05-08 08:17 PM
Response to Reply #4
5. They are also trying to tie it to healthcare
I hope accountability is included which I'm sure it will be.

Good news.
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madokie Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-05-08 08:20 PM
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6. I think its a good idea to bypass junior in this as much as possible
after jan 20 we'll have a much better group to work on these kinds of problems
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Ichingcarpenter Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-05-08 08:22 PM
Response to Reply #6
7. The bailout by Treasury of the people who make nothing
was atrocious without having ownership.

Jan 20th can't come soon enough.
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