Phase 2 Begins with Pepperoni

I know there are a lot smarter people out there besides me; I wish I knew were they where? We are now going to reward people for being greedy and failing at their business responsibilities. And charge this mess to the people like us that have worked hard their whole lives, lived within their means, did not hold a credit card balance each month, paid their bills on time! But when I listen to people that say it is our patriotic duty to pay more taxes; and the rich can afford to pay more I just want to scream. How could these people have come so far in the careers. I have hit a few bumps in my life; the first thing I did was cut my spending try to work harder till the road smoothed out. Each time I learned to save a little more for a rainy day.

This weekend may be a great investment Brian "If you had purchased $1,000 of shares in Delta Airlines one year ago, you will have $49.00 today. If you had purchased $1,000 of shares in AIG one year ago, you will have $33.00 today. If you had purchased $1,000 of shares in Lehman Brothers one year ago, you will have $0.00 today. But, if you had purchased $1,000 worth of beer one year ago, drank all the beer, then turned in the aluminum cans for recycling refund, you will have received $214.00. "

Bush heard the masses at the Obama concerts screaming that they wanted change,so before he leaves office he just wanted to give them a taste of real change.Seriously, if you think this bailout is too much change for you to accept,just wait a bit and you,ll see changes that,ll knock your socks off, I wouldn,t be surprised that your freedom to express yourself on a blog like this will not last too much longer.

Isn't it funny how every single news station assisted the government in all of these lies. When their own polls showed a majority against this bill, they still spoke about all the "Mainstreet" people calling the representatives to say do something. That is the most ridiculous thing I have heard or seen. I never thought I would see the day when the media assisted our government in doing something so disgusting. It's a sad day in American history. I agree with one poster "The final nail was placed in the coffin on our democracy." We work for the government. They don't work for us. My rep. actually voted against both times, but there were plenty of other fools following the along.

Brian - Have a good weekend. I plan to do the same. Come Monday, remember this: "Dow Falls 157 as Rescue Day Ends Red" This was not a "rescue day" as I see it. In fact, today is the first day of a long-term disaster.

Just curious... where will those tax dollars come from once the economy tanks and everyone is unemployed? They won't. They will print their way out of this and we will be no better off than Zimbabwe in a couple of years.

Hi Brian. I actually have a question for you. I am an escrow officer in Southern California, and have been for the last 20 years. I have seen quite a bit in my time, but nothing quite like this in our real estate market. All I do all day are short sales, and bank owned escrow's. More REO's then short sales. Often times, a bank will take less on an REO than they would have received on a short sale. Often times we are flat out denied a short sale for the FAIR MARKET VALUE of the home, only to see it go to trustee sale for less then fair market value which kills everyone else's value in the neighborhood. In addition, the bank is taking a bigger loss on an REO than the short sale. Why would a bank do this?

I want to be the second (thanks robert) to welcome everyone to a socialistic state!!! Should we start to entertain those "conspiracy theories" now BUSH!?!?!?! "oh no... don't believe those idiots, they are just crazy" This is a slow and systematic takeover of our country... make no doubt about it. God help us all.

Our beloved Congress fall for suckers yet again. When the House showed a sample of common sense and prudency by not approving the "bail-out" the first time around, the stocks went down over 700 points - the world was falling. Second time around, the bill comes to the House of Representatives, it is approved - against the will of Main Street, but the stocks... are still falling. I can tell you now that the regular citizens of this great Nation will still have a hard time coping with credit issues, small businesses will fail by the thousands, unemployment will surge - and we will have inflation and increased taxes while this happens. What about your big fat deep pocket bankers and investors? Fine - Thank you for asking.SJ

The Angels are going to need a bigger bailout plan the financial sector with Dice-K tonight and Beckett on Sunday. We have our brooms ready in Boston.

Let October 3,2008 become known as the catalyst that woke America up! Liberty and Freedom need you now more than ever! We have TRAITORS running our country in ALL branches and they just sold it to the Chinese.

Reminder: most of the congressman in both parties are up for up for reelection. I say use the ballot box and make some of the disconnected weasels pay the price for not listening. Hey replace Speaker Pelosi with Speaker ALF. Yes,Alf the Alien has more sense that some of those politicans.

Think it's time to rescind headlines like "Dow Jumps as House Votes on Bailout Bill" or "Markets Remain Positive After Vote" yet??

I think that is normal, yawning and such. Maybe smoke a cigarette before nodding off. Welcome to the USSA.

We are following the exact same receipe that we followed prior to the Great Depression.

This vote today is nothing short of a complete and utter failure of the American system of government. Every single person I talked with (myself included) was against this bill passing. I called my repr. (Paul Ryan) in DC yesterday and voiced my opinion. All the comments I've seen on the internet and internet polls showed results that were AT LEAST 70/30 against the bill. - Yet, it passes. As a result of this, I am convinced that the Average Joe in America has no representation in our Federal Government. It hurts to write that, but it is clear that the representatives did not listen to their constituents. All the power is with those that have wealth and those that have a lobby. Joe Lunchpail is nothing but an inconsequential bystander in this country any longer. I guess I was naieve to think otherwise. - I am a registered Republican, but I will be voting for Senator Obama in November. I say that because it is my belief that the current Administration strong-armed a lot of the rep's into voting For this disastrous legislation. I also will NOT be voting for my representative (Paul Ryan) or the WI Senator (Herb Kohl) that voted for this piece of garbage. - God help this good 'ol U.S. of A in the future. We're going to need it.

IT PAYS TO STEAL BIG! Today our corrupt, bought and paid for politicians, rewarded crooks on wall street for stealing and actually losing money doing it. Our politicans decided it would be in our best interests to give our taxpayer dollars to make up for their losses. Did I hear any politican say they would be giving back the tens of millions they got as contributions from these crooks? I didn't think so. Let this be a lesson to young people, if you want to be a crook, be a big one. Small theft will surely land you in jail. But, steal big enough and pay off enough politicans and you can walk. Next up is to see politicans and wall streeters teaching college courses and writing books on the steps to take to steal trillions and get away with it. Yea baby I can see the infomertials now with politicans and wall streeters having the whole system on dvd for sale at $249, but if you act now, $199.

All we are doing is following the exact same receipe that led us into the Great Depression & what led Japan into their very long term recession. It seems like no one in the beltway has ever studied history, except for Newt & Ron, and a few others.

I am sick to my stomach that this "bail out" with all the pork added actually passed. May God have mercy on the United States of America!!!

Thats funny, because all of Government has been trying to convince us this is the only way. This will repair our economy. Funny how all the sudden it's a different story. Now they don't know if it will succeed.

The last nail in our democratic coffin was banged in today. We are now officially a socialist country. My question now is: where do I send my bills to so that the government can pay them? These bills include but not limited to my mortgage payment (currently on time), my grocery,fuel, medical and of course fuel cost for both work and pleasure? My congresswoman who voted for this bailout will not be getting my vote in November but maybe I should start sending her my bills.

Brian - I believe that Congress should have listened to the masses; this bill they shall regret. Not only does it solve NOTHING; moreover, there are plenty of investors who are fully aware of what to do next: Get out while the getting is good. I, for one, plan to take that action as I watch the market increase over the next few weeks. Shortly thereafter, we will see the value of the dollar decline precipitously and the problems will still be at our doorstep. To throw $700 billion into the problems solves nothing as we all know that the problem is into several trillion dollars. Just to watch Congress speak on the issue is nauseating. They are incompetent. So now here we go. The race is on for those with the most at stake to get into a save haven. They will do exactly that. Jobless claims will continue to increase. Foreclosures will not change much at all. Some banks will now remain solvent. The dollar will weaken. Foreign markets will get as much relief as American investors. Congress simply does not get it. The 70% of Americans who opposed the bill certainly were not from Wall Street. Now we have problems.