This reveals that the present banking crisis could have been avoided if only those in charge of Fannie & Freddie would have listened, but their stubborn denial failed everyone, which has led to the need of the present $700Billion Government Bailout.

For all those who empower these representatives, they should now be fired from their fiduciary duties in the US Government due to their abysmal failure to listen to the warnings and advice to prevent the mortgage crisis by covering up and cooking their own books. Every American Voter needs to take the time to watch this 8 min vid and see who refused to do anything about it when the problem was clearly staring them right in the face in 2004. Sure there is much blame to go around on both sides, but these individuals were the ones in charge of these government programs and chose to do nothing about it even after they were warned of a coming crisis. Some went on to make obscene amounts of money in the process while cooking the books and therefore do not deserve to keep their jobs this November. If you’re not already angry about this whole debacle, you will be after watching this vid.

The Dems caused this and the Dems need to fix it and if they don’t then the Repubs will. Get a life. This is a free country and you all need to fight for it by fixing the problem called Wall Street! Soon the thieves to jail! Send their US Representatives and Senators to the hills or the gallows!

I will never endorse this bailout and neither should you. Sink Wall Street and get your party back.

QED! Quite Easily Done!

You got it right! Let’s start a dart club aimed at hitting Osama and BinLaden where it hurts…

The CHicago North side Pub owner is a 68-year old pervert who exposed naked his own daughter …..and to paint her apparently….This incestuous Prince of Perverts hangs his own daughter’s body and insults Sen. Palin at the same time! While his enabler of a Stepford wife looks on!…

Hillary Clinton suffered for months on end the extreme misogyny of the media frat-boys with a great assist by the Obamabots Campaign and the camouflaged Misogynist Anorexic Piggie Barry. So, time is now to post a naked pic of both Osama and his BinLaden and start shooting the arrows in their anatomical deficiencies which they sickeningly parade around the media with Pride and Prejudice to spare. Let’s end their testes-misery and put them out to pasture.
I still remember shuddering witnessing Barry’s Spiritual Advisor Uncle jeremiah perform his sexual simulation act on the Pulpit of the Trinity Church of Horrors-while screaming “This is what Bill did to Monica and does to us…:” Meantime, Unfit Parent Barry Obama allowed his 2 young girls to witness the obscenities of the pulpit and to absorb the toxic hate….

We do need some action by government: better oversight and faster action BEFORE we get to a “crisis” (or something than can pump up into a “crisis”). We DO NOT need over-reaction and panic-mongering.

Capitalism (like democracy) is far from perfect, but its the best system there is. Let the market FIX ITSELF!

Instead of urging his party to get back to town and find an alternative, Senator Obama is urging the American people to back a bill they believe isn’t going to work – that it will be another Iraq, Katrina, etc… The last thing Senator Obama wants is for this bill to linger while journalists stumble onto how much of his career has been based on the policy of granting mortgages and loans to people who under no reasonable standard would have qualified for the line of credit extended in the mortgage/loan.

The McCain campaign seems to be at even more of a loss of how to rehabilitate Senator McCain’s image after the vote failed. Instead they have Katie Couric interviewing both Governor Palin and Senator Mccain in an attempt to reverse the damage of last week’s Couric interviews.

The American People have spoken. They don’t want a bill drafted by the Bush administration and doctored up by Congress. It’s apparent they want an alternative, one led more by economists and businessmen with a proven track record than Washington politicians backed by lobbyists.

What is Washington doing? They’re out campaigning while pretending to observe a religious holiday. And we’re now set up to elect Bush 44, aka Senator Obama.

I will have sustained a loss of $50,000 in 2 years

Well, no, and I think the way you phrase this is indicative of the thinking that was part of the problem. You did not “lose” $50K, you are making 50K less than you thought you would. You’re not making “less than the house is worth,” because what a house (or any item) is worth is what people will pay for it–period.

Look, I have a 401K and I’m not happy, but I’m a long ways off from retirement so I’m not panicking. By the time I am ready to retire things will have swung back around. People who are getting ready to retire have to do some hard thinking about whether to pull their money out, but most economists and financial planners are saying not to.

I don’t dare to look at my fairly modest 401K, or my small mutual funds. Based only on what has happened to my company stock, I’ve lost easily several thousand dollars. I think I heard yesterday that more than a TRILLION dollars was lost in the market.

That’s more than the cost of the bailout bill…