Forum Replies Created
-
AuthorPosts
-
cr
ParticipantNext up: Bernanke, Greenspan, Paulson, Frank, and anyone in congress who cashed the banks lotto tickets.
Participant[quote=TheBreeze]No Banker Left Behind ~ rolling $700 billion[/quote]
Suitable name.
But, I should point out, and somehow most people (MSM included) miss the fact that the bill calls for $700 Billion per occurrence. I read an article yesterday on CNBC that I’m too lazy to link to, on why it will quickly become $2.25 Trillion. Punish our grandkids before they’re born, I guess.
Here’s exactly what the bill says:
[quote=Comrade Paulson’s Plan]SEC. 115. GRADUATED AUTHORIZATION TO PURCHASE.
(a) AUTHORITY.—The authority of the Secretary to purchase troubled assets under this Act shall be limited as follows: (1) Effective upon the date of enactment of this Act, such authority shall be limited to $250,000,000,000 outstanding at any one time. (2) If at any time, the President submits to the Congress a written certification that the Secretary needs to exercise the authority under this paragraph, effective upon such submission, such authority shall be limited to $350,000,000,000 outstanding at any one time.
(3) If, at any time after the certification in paragraph (2) has been made, the President transmits to the Congress a written report detailing the plan of the Secretary to exercise the authority under this paragraph, unless there is enacted, within 15 calendar days of such transmission, a joint resolution described in subsection (c), effective upon the expiration of such 15-day period, such authority shall be limited to $700,000,000,000 outstanding at any one time.[/quote]Participant[quote=TheBreeze]No Banker Left Behind ~ rolling $700 billion[/quote]
Suitable name.
But, I should point out, and somehow most people (MSM included) miss the fact that the bill calls for $700 Billion per occurrence. I read an article yesterday on CNBC that I’m too lazy to link to, on why it will quickly become $2.25 Trillion. Punish our grandkids before they’re born, I guess.
Here’s exactly what the bill says:
[quote=Comrade Paulson’s Plan]SEC. 115. GRADUATED AUTHORIZATION TO PURCHASE.
(a) AUTHORITY.—The authority of the Secretary to purchase troubled assets under this Act shall be limited as follows: (1) Effective upon the date of enactment of this Act, such authority shall be limited to $250,000,000,000 outstanding at any one time. (2) If at any time, the President submits to the Congress a written certification that the Secretary needs to exercise the authority under this paragraph, effective upon such submission, such authority shall be limited to $350,000,000,000 outstanding at any one time.
(3) If, at any time after the certification in paragraph (2) has been made, the President transmits to the Congress a written report detailing the plan of the Secretary to exercise the authority under this paragraph, unless there is enacted, within 15 calendar days of such transmission, a joint resolution described in subsection (c), effective upon the expiration of such 15-day period, such authority shall be limited to $700,000,000,000 outstanding at any one time.[/quote]Participant[quote=TheBreeze]No Banker Left Behind ~ rolling $700 billion[/quote]
Suitable name.
But, I should point out, and somehow most people (MSM included) miss the fact that the bill calls for $700 Billion per occurrence. I read an article yesterday on CNBC that I’m too lazy to link to, on why it will quickly become $2.25 Trillion. Punish our grandkids before they’re born, I guess.
Here’s exactly what the bill says:
[quote=Comrade Paulson’s Plan]SEC. 115. GRADUATED AUTHORIZATION TO PURCHASE.
(a) AUTHORITY.—The authority of the Secretary to purchase troubled assets under this Act shall be limited as follows: (1) Effective upon the date of enactment of this Act, such authority shall be limited to $250,000,000,000 outstanding at any one time. (2) If at any time, the President submits to the Congress a written certification that the Secretary needs to exercise the authority under this paragraph, effective upon such submission, such authority shall be limited to $350,000,000,000 outstanding at any one time.
(3) If, at any time after the certification in paragraph (2) has been made, the President transmits to the Congress a written report detailing the plan of the Secretary to exercise the authority under this paragraph, unless there is enacted, within 15 calendar days of such transmission, a joint resolution described in subsection (c), effective upon the expiration of such 15-day period, such authority shall be limited to $700,000,000,000 outstanding at any one time.[/quote]Participant[quote=TheBreeze]No Banker Left Behind ~ rolling $700 billion[/quote]
Suitable name.
But, I should point out, and somehow most people (MSM included) miss the fact that the bill calls for $700 Billion per occurrence. I read an article yesterday on CNBC that I’m too lazy to link to, on why it will quickly become $2.25 Trillion. Punish our grandkids before they’re born, I guess.
Here’s exactly what the bill says:
[quote=Comrade Paulson’s Plan]SEC. 115. GRADUATED AUTHORIZATION TO PURCHASE.
(a) AUTHORITY.—The authority of the Secretary to purchase troubled assets under this Act shall be limited as follows: (1) Effective upon the date of enactment of this Act, such authority shall be limited to $250,000,000,000 outstanding at any one time. (2) If at any time, the President submits to the Congress a written certification that the Secretary needs to exercise the authority under this paragraph, effective upon such submission, such authority shall be limited to $350,000,000,000 outstanding at any one time.
(3) If, at any time after the certification in paragraph (2) has been made, the President transmits to the Congress a written report detailing the plan of the Secretary to exercise the authority under this paragraph, unless there is enacted, within 15 calendar days of such transmission, a joint resolution described in subsection (c), effective upon the expiration of such 15-day period, such authority shall be limited to $700,000,000,000 outstanding at any one time.[/quote]Participant[quote=TheBreeze]No Banker Left Behind ~ rolling $700 billion[/quote]
Suitable name.
But, I should point out, and somehow most people (MSM included) miss the fact that the bill calls for $700 Billion per occurrence. I read an article yesterday on CNBC that I’m too lazy to link to, on why it will quickly become $2.25 Trillion. Punish our grandkids before they’re born, I guess.
Here’s exactly what the bill says:
[quote=Comrade Paulson’s Plan]SEC. 115. GRADUATED AUTHORIZATION TO PURCHASE.
(a) AUTHORITY.—The authority of the Secretary to purchase troubled assets under this Act shall be limited as follows: (1) Effective upon the date of enactment of this Act, such authority shall be limited to $250,000,000,000 outstanding at any one time. (2) If at any time, the President submits to the Congress a written certification that the Secretary needs to exercise the authority under this paragraph, effective upon such submission, such authority shall be limited to $350,000,000,000 outstanding at any one time.
(3) If, at any time after the certification in paragraph (2) has been made, the President transmits to the Congress a written report detailing the plan of the Secretary to exercise the authority under this paragraph, unless there is enacted, within 15 calendar days of such transmission, a joint resolution described in subsection (c), effective upon the expiration of such 15-day period, such authority shall be limited to $700,000,000,000 outstanding at any one time.[/quote]ParticipantThis isn’t off-topic IMO. Where are all the Obama cheerleaders now?
No way to spin this one:
• A temporary $3,000 tax credit to companies for each new job created in the United States over the next two years.
• Penalty free withdrawals from 401(k) and IRA retirement accounts up to a maximum of $10,000 this year and next.
• A 90-day moratorium on foreclosures for homeowners who are living in their homes and making good-faith efforts to make their mortgage payments.
• A call for the Treasury to help unfreeze markets for individual mortgages, student loans, car loans, loans for multifamily dwellings and credit card loans.I don’t think McCain is any better. In fact, as I’ve been saying all along they’re no different. This is not “change.”
It’s time for a 3rd party.
ParticipantThis isn’t off-topic IMO. Where are all the Obama cheerleaders now?
No way to spin this one:
• A temporary $3,000 tax credit to companies for each new job created in the United States over the next two years.
• Penalty free withdrawals from 401(k) and IRA retirement accounts up to a maximum of $10,000 this year and next.
• A 90-day moratorium on foreclosures for homeowners who are living in their homes and making good-faith efforts to make their mortgage payments.
• A call for the Treasury to help unfreeze markets for individual mortgages, student loans, car loans, loans for multifamily dwellings and credit card loans.I don’t think McCain is any better. In fact, as I’ve been saying all along they’re no different. This is not “change.”
It’s time for a 3rd party.
ParticipantThis isn’t off-topic IMO. Where are all the Obama cheerleaders now?
No way to spin this one:
• A temporary $3,000 tax credit to companies for each new job created in the United States over the next two years.
• Penalty free withdrawals from 401(k) and IRA retirement accounts up to a maximum of $10,000 this year and next.
• A 90-day moratorium on foreclosures for homeowners who are living in their homes and making good-faith efforts to make their mortgage payments.
• A call for the Treasury to help unfreeze markets for individual mortgages, student loans, car loans, loans for multifamily dwellings and credit card loans.I don’t think McCain is any better. In fact, as I’ve been saying all along they’re no different. This is not “change.”
It’s time for a 3rd party.
ParticipantThis isn’t off-topic IMO. Where are all the Obama cheerleaders now?
No way to spin this one:
• A temporary $3,000 tax credit to companies for each new job created in the United States over the next two years.
• Penalty free withdrawals from 401(k) and IRA retirement accounts up to a maximum of $10,000 this year and next.
• A 90-day moratorium on foreclosures for homeowners who are living in their homes and making good-faith efforts to make their mortgage payments.
• A call for the Treasury to help unfreeze markets for individual mortgages, student loans, car loans, loans for multifamily dwellings and credit card loans.I don’t think McCain is any better. In fact, as I’ve been saying all along they’re no different. This is not “change.”
It’s time for a 3rd party.
ParticipantThis isn’t off-topic IMO. Where are all the Obama cheerleaders now?
No way to spin this one:
• A temporary $3,000 tax credit to companies for each new job created in the United States over the next two years.
• Penalty free withdrawals from 401(k) and IRA retirement accounts up to a maximum of $10,000 this year and next.
• A 90-day moratorium on foreclosures for homeowners who are living in their homes and making good-faith efforts to make their mortgage payments.
• A call for the Treasury to help unfreeze markets for individual mortgages, student loans, car loans, loans for multifamily dwellings and credit card loans.I don’t think McCain is any better. In fact, as I’ve been saying all along they’re no different. This is not “change.”
It’s time for a 3rd party.
ParticipantWasn’t going to get into 8, but I’m surprised by some what I read here.
Where do you stop?
What’s to stop 3 men from marrying? 2 men and a woman? A man his dog? An adult and a child? And so on…
The defining of marriage is a family values issue before it’s a civil rights issue. This bill would have never made the books 50 years ago, and look at the degradation of our society since then. I’m sure some wise-ass liberal on here will look back and find a racist or biggotist quote from that time period but it doesn’t change the fact that American values have eroded, and this furthers that erosion.
Other comments:
Proposition 1A High speed passenger train Bond – Too expensive. Spend it on education.Proposition 3 Children’s hospital Bond Act. – There’s already money set aside for this
Proposition 4 Waiting period and Parental notification before Minor’s abortion. – see above.
Proposition 6 – Spend this money on schools, (sports, arts programs, etc) and you’ll have less criminals in the first place.
Proposition 7 Renewable engergy generation – will almost definately raise energy costs. Let the Federal government fund the alternative energy search.
Proposition 10 Alternative Fuel Vehicles and Renewable Energy. – Boone Pockets, I mean Pickens
You don’t have to agree with me, I just wish everyone know more about these.
Glad to see people taking time to read up on them.
ParticipantWasn’t going to get into 8, but I’m surprised by some what I read here.
Where do you stop?
What’s to stop 3 men from marrying? 2 men and a woman? A man his dog? An adult and a child? And so on…
The defining of marriage is a family values issue before it’s a civil rights issue. This bill would have never made the books 50 years ago, and look at the degradation of our society since then. I’m sure some wise-ass liberal on here will look back and find a racist or biggotist quote from that time period but it doesn’t change the fact that American values have eroded, and this furthers that erosion.
Other comments:
Proposition 1A High speed passenger train Bond – Too expensive. Spend it on education.Proposition 3 Children’s hospital Bond Act. – There’s already money set aside for this
Proposition 4 Waiting period and Parental notification before Minor’s abortion. – see above.
Proposition 6 – Spend this money on schools, (sports, arts programs, etc) and you’ll have less criminals in the first place.
Proposition 7 Renewable engergy generation – will almost definately raise energy costs. Let the Federal government fund the alternative energy search.
Proposition 10 Alternative Fuel Vehicles and Renewable Energy. – Boone Pockets, I mean Pickens
You don’t have to agree with me, I just wish everyone know more about these.
Glad to see people taking time to read up on them.
ParticipantWasn’t going to get into 8, but I’m surprised by some what I read here.
Where do you stop?
What’s to stop 3 men from marrying? 2 men and a woman? A man his dog? An adult and a child? And so on…
The defining of marriage is a family values issue before it’s a civil rights issue. This bill would have never made the books 50 years ago, and look at the degradation of our society since then. I’m sure some wise-ass liberal on here will look back and find a racist or biggotist quote from that time period but it doesn’t change the fact that American values have eroded, and this furthers that erosion.
Other comments:
Proposition 1A High speed passenger train Bond – Too expensive. Spend it on education.Proposition 3 Children’s hospital Bond Act. – There’s already money set aside for this
Proposition 4 Waiting period and Parental notification before Minor’s abortion. – see above.
Proposition 6 – Spend this money on schools, (sports, arts programs, etc) and you’ll have less criminals in the first place.
Proposition 7 Renewable engergy generation – will almost definately raise energy costs. Let the Federal government fund the alternative energy search.
Proposition 10 Alternative Fuel Vehicles and Renewable Energy. – Boone Pockets, I mean Pickens
You don’t have to agree with me, I just wish everyone know more about these.
Glad to see people taking time to read up on them.
-
AuthorPosts
