The lower house of the US Congress has voted down a $700bn (£380bn) plan aimed at bailing out Wall Street.
The rescue plan - the result of tense negotiations between the government and lawmakers - was voted down by 228 votes to 205 votes. Members of President George W Bush's Republican party were strongly opposed to it. About two-thirds of them refused to back it

OUCH! That was not expected

by DEL BOY Unlike many of you, I have wide experience of socialists, and indeed of communists and facists. Real experience. I was present at the creation of the Welfare State, and the National Health Service, and of The Socialist Workers Party. ...I have lived through full terms of Socialist Party governments with widespread nationalised industries. I have operated behind the iron curtain, dealing with communist government departments. I can remember when American magazine publications carried full page colour adverts of a tipped- up poisoned chalice, with the slogan "A little Socialism is a bad thing".

Answer me this Del Boy. Why was the pre-Thatcherite period between 1950 and 1973 the most successful of the century. This era was characterised by capital controls, fixed exchange rates, strong trade unions, a large public sector and a general acceptance of government's role in demand management. The average annual growth in per capita real GDP throughout the world was 2.9% twice as high as the average rate in the two decades since then.


OK

Originally Posted by errol

Where do you stand with the mortgage note now, Topmaul? Does JP Morgan Chase take it over?

I don't know, my Mortgage comes out of my check automatically and goes to WaMu not sure what is going on now.

Originally Posted by perseus

The lower house of the US Congress has voted down a $700bn (£380bn) plan aimed at bailing out Wall Street.
The rescue plan - the result of tense negotiations between the government and lawmakers - was voted down by 228 votes to 205 votes. Members of President George W Bush's Republican party were strongly opposed to it. About two-thirds of them refused to back it

OUCH! That was not expected

Also 93 Democrats voted against it as well,

The problem may be that the plan is currently a blank check.
The government needs to use this opportunity to shaft those responsible before any money is given.

Originally Posted by the_13th_redneck

The problem may be that the plan is currently a blank check.
The government needs to use this opportunity to shaft those responsible before any money is given.

the problem is that by then it might be too late. We're giving them one heck of a head start.

Actually we're kinda figuring out why Jews were hated for so long. Since they were the guys who did all the banking, I guess people in the past knew about this aspect of banking. Maybe it had more to do with their profession rather than the "they killed Jesus" thing.
I think we should start gassing some bankers.

Originally Posted by errol

Where is 5.56 x 45mm? Don't just sneak away. I would like to know your views on the Gramm-Leach-Bliley Act (1999). You can't just do a Youtube and leave it at that!

Where am I? Working close to 7 days a week right now. I don't have time to argue on the internet.

Sorry but that's life right now for me; crime is going up and as a LEO I have a job to do.

Originally Posted by 5.56X45mm

Sorry but that's life right now for me; crime is going up and as a LEO I have a job to do.

Small wonder why... there very well could be new desperados if this continues.

365 more points and the Dow drops below 10,000 for the first time since March 1999.

Originally Posted by 5.56X45mm

Where am I? Working close to 7 days a week right now. I don't have time to argue on the internet.

Sorry but that's life right now for me; crime is going up and as a LEO I have a job to do.

Fair enough!