Rejected - the house votes down bailout...

[Tricky]

empires rise & fall,that is what is happening now

[Skippy911sc]

The dows 780 point drop is equivalent to losing 1.2 trillion dollars...how much was that bailout...or economic aid package again?

[darth los]

empires rise & fall,that is what is happening now The ones in power never think it can happen to them though, despite all the historic evidence to the contrary. On a side note, what do you think was the mightiest empire to fall since the beginning of recorded history? Certainly not this one. The dows 780 point drop is equivalent to losing 1.2 trillion dollars...how much was that bailout...or economic aid package again? Approx. 700 billion.

[Tricky]

On a side note, what do you think was the mightiest empire to fall since the beginning of recorded history? Certainly not this one. . Romes the obvious one,but the british empire,the third reich & the soviet union have all had their claws on half the world & lost it in recent history!

[darth los]

Romes the obvious one,but the british empire,the third reich & the soviet union have all had their claws on half the world & lost it in recent history! Perhaps when an empire ties to expand too much it's only inevitable that it collapse to a more managable size. I mean they all didn't all but disapear as did other great civilizations, they just shrunk to basically what they were in the first place. But yeah, no empire is at it's peak for long let alone forever.

[Bub666]

On a side note, what do you think was the mightiest empire to fall since the beginning of recorded history? It's got to be the Roman empire.

[Publius]

The ones in power never think it can happen to them though, despite all the historic evidence to the contrary. On a side note, what do you think was the mightiest empire to fall since the beginning of recorded history? Certainly not this one. If not this one, I would have to say the British Empire.

[acealive1]

Perhaps when an empire ties to expand too much it's only inevitable that it collapse to a more managable size. I mean they all didn't all but disapear as did other great civilizations, they just shrunk to basically what they were in the first place. But yeah, no empire is at it's peak for long let alone forever. agreed, we are the only empire that didnt do the whole "hey we're big lets take over the world" thing. i see stark contrasts with rome and the US but to comapre them to anything like nazi germany or any other comme bastahd is downright wrong. we are not those kind of people.

[DjfunkmasterG]

I find it Ironic that the house fails the bill, Wall Street drops 777 points. On tuesday, no bill, no talk about the bill, and the stock market goes up 485 points. Sounds to me like Wall Street doesn't need anything and are just ****ing with the markets in hopes of getting free money.

[SymphonicX]

agreed, we are the only empire that didnt do the whole "hey we're big lets take over the world" thing. i see stark contrasts with rome and the US but to comapre them to anything like nazi germany or any other comme bastahd is downright wrong. we are not those kind of people. I'm not a conspiracy theorist - but I'm betting Bush knew congress wouldn't approve this, in fact that was the plan. This is all part of a plot to ID chip the world under a one government, one bank solution. Mark my words, by 2050 there will be one bank, one government, and sickening poverty and unemployment. That nutcase David Icke predicted all this in the 90s, and all of it has come true.

[AcesandEights]

I'm not a conspiracy theorist - but I'm betting Bush knew congress wouldn't approve this, in fact that was the plan. This is all part of a plot to ID chip the world under a one government, one bank solution. Mark my words, by 2050 there will be one bank, one government, and sickening poverty and unemployment. That nutcase David Icke predicted all this in the 90s, and all of it has come true. It's odd, but I've been thinking over the last few days how this latest turn of events would feed into such beliefs. I cant say it doesn't make sense, but that's what makes conspiracy theories so seductive, they simplify things for us. Still, the idea that there are rich people looking to get richer at the expense of the rest of us and those looking to tighten control in their own hands is certainly true enough, so people can either choose to take an active role in shaping their own future and that of the country and world they live in or idly suffer the consequences...

[darth los]

I find it Ironic that the house fails the bill, Wall Street drops 777 points. On tuesday, no bill, no talk about the bill, and the stock market goes up 485 points. Sounds to me like Wall Street doesn't need anything and are just ****ing with the markets in hopes of getting free money. I believe it's due to speculation. They assumed that a deal eventually HAS to get done and the market rose based on that. Funny cause that's how we got into trouble in the first place.

[Publius]

It's interesting that this is one of those issues where the ideological purists on both left and right seem to agree (no sweeping bailout for irresponsible Wall Street fat cats) and everybody in the center seems to agree (do SOMETHING and do it NOW to avoid some kind of financial catastrophe).

[SymphonicX]

I think the bail out is necessary. All the US gov cares about is saving Americans skin - they don't give a flying **** that they're failure to agree this bail out will cause many, many international banks to fail.

[Publius]

I think the bail out is necessary. All the US gov cares about is saving Americans skin - they don't give a flying **** that they're failure to agree this bail out will cause many, many international banks to fail. The fact that so many economists oppose the proposal concerns me. It could cause a lot more economic harship in the future if the conclusion financial investments draw is "we should pursue as risky a strategy as possible, because if we're lucky we'll get big profits, and if we're unlucky the government will bail us out."