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Topic started on 30-9-2008 @ 07:47 PM by Tapped In
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WASHINGTON - Senate leaders have scheduled a vote for Wednesday on the $700 billion Wall Street rescue plan rejected by the House.
Majority Leader Harry Reid and GOP Leader Mitch McConnell say, however, that they're going to add a tax cut package already rejected by the House on
Monday.
The bipartisan move caps a day of behind-the-scenes maneuvering on Capitol Hill over what sweeteners to add to the bill to attract votes from House
Republicans.
news.yahoo.com...
America no longer exists....
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[edit on 30/9/2008 by Mirthful Me]
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reply posted on 30-9-2008 @ 07:51 PM by bismarcksea
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Mark my prediction HERE:
This is how they will Usurp the will of the people!
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reply posted on 30-9-2008 @ 07:54 PM by Tapped In
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reply to post by bismarcksea
This is why they will need to bring in the troops to make sure order is kept. They are usurping the will of the people.
THE REVOLT BEGINS NOW!
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reply posted on 30-9-2008 @ 07:56 PM by The Revealer
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We can only hope the Senate votes NO. I'm not sure how most of them will vote but I kinda think they will vote YES.
[edit on 30-9-2008 by The Revealer]
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reply posted on 30-9-2008 @ 08:02 PM by Breifne
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Just curious, but do senators get financial bonuses for their vote ratios?
I'm sure no senator that voted no would do a rethink and travel back to WDC just to reiterate their initial decision.
As I said, just curious about their performance-pay distribution. (i.e. how many are in the back pockets of corporations - who's the sugar daddy
because Bush has little leverage surely)?
B
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reply posted on 30-9-2008 @ 08:16 PM by Anonymous ATS
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Just as an FYI to the OP to help you in the future not sound so ignorant.
The Senate is a part of Congress. The House Of Representatives are the other part. The 2 together are call the Congress.
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reply posted on 30-9-2008 @ 08:18 PM by XTexan
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Starred and flagged...
This copied from my posts in a different thread:
I found a confirmation, looks like their voting tomorrow night with 2 additions.
Senate to vote on bailout tomorrow — with an added tax cut
Just in: The Senate will vote on the bailout plan tomorrow night — with one big addition to the $700 billion plan the House rejected yesterday.
Majority Leader Harry Reid, D-Nev., and GOP Leader Mitch McConnell, R-Ky., said they will include a tax-cut package already rejected by the House on
Monday. The plan would also boost federal deposit insurance limits to $250,000 from $100,000.
Source
Doesn't look any better, how can we give tax cuts at the same time we give $700B away?
this is insanity
Originally posted by ModernAcademia
BOTH DEFAZIO AND KATPUR HAVE AN ALTERNATIVE THAT WON'T COST A DIME AND REQUIRES NO BAILOUT LEGISLATION.
I watched this, and they're plan sounds good
Senate Switchboard: (202) 224- 3121
Flood their switchboard with calls and let them know!!!
[edit on 30-9-2008 by XTexan]
[edit on 30-9-2008 by XTexan]
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reply posted on 30-9-2008 @ 08:19 PM by Mainer
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An astounding lack of common sense tied into a single bill.
Spend an astonishing amount of money *annnnnndd* cut the source of that money.
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reply posted on 30-9-2008 @ 08:22 PM by redhatty
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Originally posted by Breifne
I'm sure no senator that voted no would do a rethink and travel back to WDC just to reiterate their initial decision.
Well, considering that only the House of Representatives votes (Monday), there is no rethinking or vote changing involved.
Bills can originate in EITHER the House or the Senate, after passing in one, it travels to the other to be voted on, then goes to the President.
1st years civics, I know, But we do forget, don't we?
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reply posted on 30-9-2008 @ 08:23 PM by dooper
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What burns me up is that this Presidential election has screwed up our elected officials vision.
"A turd in a fine silk sock, at the end of the day, is still a turd." Michael Riggs
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reply posted on 30-9-2008 @ 08:31 PM by ModernAcademia
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ATS is going overboard now
This is breaking news not breaking political news
this is happening too often now
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reply posted on 30-9-2008 @ 08:38 PM by takeamericaback
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It does not matter anyway the economy is still going to collapse anyway it's to for gone. if only we had a world leader to step in and save us. E. U.
maybe ! we are prime for take over.
[edit on 30-9-2008 by takeamericaback]
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reply posted on 30-9-2008 @ 09:05 PM by Phage
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Originally posted by redhatty
Bills can originate in EITHER the House or the Senate, after passing in one, it travels to the other to be voted on, then goes to the President.
1st years civics, I know, But we do forget, don't we?
The the Senate is offering "deals" to the House. A reduction in the AMT for middle income earners. An increase in FDIC limits. These could give some
life to the bill in the House.
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reply posted on 30-9-2008 @ 09:09 PM by redhatty
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Originally posted by Phage
The the Senate is offering "deals" to the House. A reduction in the AMT for middle income earners. An increase in FDIC limits. These could give some
life to the bill in the House.
No. The bill that originated in the House, HR 3997 is DEAD, it was voted down.
This will be a whole NEW BILL (SR ###) that will originate in the Senate.
It will, for the most part, be the same bill, granted, with enough changes as is necessary to make it something "new".
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reply posted on 30-9-2008 @ 09:10 PM by ravenflt
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There is much more lobbyism in the senate than the house, plus they are more protected than the house representatives too. The financial market who
pays them big cash in funding will obviously tell them what to vote and get their vote and your money. Plus you are already in debt to them through
banking loans from before too.
It's amazing to see how far the greed of some people can go. Now thats what I call efficient businessmen, and also s what you can literally call
"pwned".
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reply posted on 30-9-2008 @ 09:26 PM by ModernAcademia
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as I understadn it's the same bill
because majority voted nay but the floor was still open even afterwards
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reply posted on 30-9-2008 @ 09:28 PM by Phage
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Originally posted by redhatty
No. The bill that originated in the House, HR 3997 is DEAD, it was voted down.
This will be a whole NEW BILL (SR ###) that will originate in the Senate.
It will, for the most part, be the same bill, granted, with enough changes as is necessary to make it something "new".
Yep. I know. New bill with a couple of new shiny things attached to make it more palatable to the House. The article also says that some House members
may be having second thoughts about their nays.
[edit on 30-9-2008 by Phage]
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reply posted on 30-9-2008 @ 09:33 PM by antmax21
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The Senate will strike it down.
I can't wait to see how the 4 Candidates for the White House vote...
I know all four will vote Y on their ballots.
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reply posted on 30-9-2008 @ 09:40 PM by dunwichwitch
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They will just keep shoving it in people's faces and repeating the same mantras while giving "freebies" to members in order to entice them to
change their vote... they will make the bill longer, more complicated, and add as much onto it as they can to cover up the same concept, until the
houses will cave and vote majority for the bill... possibly before then, initiating a "false flag" emergency scenario (major depression, some sort
of threat to security...) in order to sway the vote towards unanimous YES in a panic.
Who knows what those liars are up to?
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reply posted on 30-9-2008 @ 09:44 PM by PammyK
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I believe the bill will pass that the Senate has drawn up for vote. You know, I don't like our money being given to rescue them but if they will put
those shady lenders in jail it will not hurt so bad. Also I don't like Government being involved in any kind of regulation of business's. But in
this case I make any exception. Sorry to go off topic! I say the Senate will pass their bill to keep peace in the land.
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