Originally posted by TH3ON3

Originally posted by zysin5
reply to post by Maya00a

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Yep just heard this for myself! The bailout suffered a defeat!
This bill will not pass!!!

Where do we go from here? And what kind of evil will they create to punish us for this defeat? You know these Elites dont like being told to do, and they sertinly dont like it when they are beaten.

All going to plan right now? Can anyone say welcome to the NAU!
The crash of the Dollar, and the birth of the Amero!

I think the elites are the ones who wanted the bailout to fail. We shall see if it causes the drastic financial meltdown and breakdown of our rights because of the turmoil it will cause.

Have you ever thought that by doing what you feel is right your playing into the hands of your enemies...the NWO?

House Republicans Blame Pelosi’s Speech

House Republicans blamed the failure of the $700 billion Wall Street rescue plan Monday on House Speaker Nancy Pelosi (D., Calif.), saying that Pelosi had been too partisan in a floor speech prior to the vote.

Various readers wrote us, and it was confirmed by a detailed report on the call at DealBreaker, that the Treasury Department held a conference call this evening for analysts on the bailout bill. A memo was evidently sent to SIFMA members; others may have been contacted by other means. But the report I got from one person who was on the call was the the questions came from financial services industry members. In other words, this was most assuredly not intended to be a call open to the public at large. If anyone from the media or other member of the great unwashed was listening in, it was by accident.

This is simply scandalous. To have a group of interested parties get a privileged briefing by government officials on a matter of keen public interest flies in the face of what a democracy is supposed to be about. The proper method would either be a published FAQ on the Treasury website or a briefing with the media included. But why should I be surprised? Favoritism has been a staple of the Bush Administration.

How do you know that the Wall Street types were trying to steal from us, other than the fact that they said that the refusal to hand over money was akin to a terrorist act? Treasury officials had a secret conference call with Wall Street executives. Unfortunately for them, some bloggers were on the call. The 'Treasury boys' on the call made it clear that "the tranching is a mere formality, and the Treasury boys as much as said so. They could take the $700 billion max as soon as the bill has passed."

CNN reported the measure needed 218 votes for passage, but came up 13 votes short, as the final vote was 228 to 205.

National Review
Pelosi has 235 members. She needed 218. She could spare 17 members and still pass the bill.

Bailout Plan Rejected
The measure, which is designed to get battered lending markets working normally again, needed 218 votes for passage. But it came up 13 votes short of that target, with a final vote of 228 to 205 against.