Tuesday, September 30, 2008

Bailout Bill is Back in Congress TODAY!


Yup, DIDN'T GET OUR MONEY and now it is BACK to BUSINESS!!!! Meanwhile, CONSTRUCTION WORKERS were fixing up the CLOSED WENDYS in town this morning!!!!

Update, update: Apparently, the economy is not THAT DIRE because Congress is taking TWO DAYS OFF for the JEWISH HOLIDAYS!!! Yup, we are in a CRISIS all right!!!!!!

Update: I called Olver (what part of NO do you noy understand, click) and Reid (same thing), then dialed up Kaptur, Kucinich, Hensarling, Paul, and the three no votes from Mass. and expressed my appreciation, gratitude and respect, but I gotta
blog now.

NOW it is YOUR TURN, readers... You should know by now, readers, that the battle never ends.

"Senate May Try to Revive Bank-Rescue Bill as Early as Tomorrow

Alison Fitzgerald and Matthew Benjamin
Tuesday, Sept 30, 2008

The U.S. Senate will try to salvage a $700 billion financial-rescue package after the measure was defeated in the House of Representatives. The lawmakers won’t have a lot of room to negotiate.

While they need to tweak the legislation enough to win over reluctant Republicans, they’ll risk losing votes from Democrats if they veer too far from the delicate compromise that congressional leaders hammered out with the U.S. Treasury.

Senators say they have no choice but to revive the measure, which is designed to restore confidence in the nation’s banking system.

“We don’t intend to leave here without the job being done,” said Banking Committee Chairman Christopher Dodd, a Connecticut Democrat, who said the senators may deal with the bill as early as tomorrow.

House Majority Leader Steny Hoyer said he expects his chamber to be ready to take up the plan again after a Senate vote. ``We're not out of business until this is addressed,'' Hoyer said.

Hoyer said he has spoken with Republican Whip Roy Blunt and both are committed to working together on a compromise.


Also see: Ammunition To Use Against the “New, Improved” Bailout Proposal

Black Monday?