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TIME TO KEEP THE PRESSURE ON CONGRESS


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#1 SemiBizz

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Posted 29 September 2008 - 02:58 PM

I am sending a new round of emails...(text below)

NO NEW DEAL... WHICH PART OF "NO DEAL" IS IT YOU DON"T UNDERSTAND???

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#2 zigzag

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Posted 29 September 2008 - 04:10 PM

I am sending a new round of emails...(text below)

NO NEW DEAL... WHICH PART OF "NO DEAL" IS IT YOU DON"T UNDERSTAND???


I'm with you Semi. It was bitter sweet today. I actually got a little choked up today thinking of the mess we are in and why. I think there is a silent majority in this country that many have overlooked. And I want a list of those who voted 'For' this bill.

J

#3 zigzag

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Posted 29 September 2008 - 04:12 PM

I am sending a new round of emails...(text below)

NO NEW DEAL... WHICH PART OF "NO DEAL" IS IT YOU DON"T UNDERSTAND???


I'm with you Semi. It was bitter sweet today. I actually got a little choked up today thinking of the mess we are in and why. I think there is a silent majority in this country that many have overlooked. And I want a list of those who voted 'For' this bill.

J

#4 mike123

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Posted 29 September 2008 - 04:26 PM

I am sending a new round of emails...(text below)

NO NEW DEAL... WHICH PART OF "NO DEAL" IS IT YOU DON"T UNDERSTAND???


I'm with you Semi. It was bitter sweet today. I actually got a little choked up today thinking of the mess we are in and why. I think there is a silent majority in this country that many have overlooked. And I want a list of those who voted 'For' this bill.

J


Jim Moran voted for the bill. He is Representative for Northern Virginia. His aid told me almost all the calls were against. But He thinks he is smarter than voters. He will be out in November.

#5 pedro

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Posted 29 September 2008 - 04:47 PM

And I want a list of those who voted 'For' this bill.





Here you go [flip to page 1 where post started]

http://www.tickerfor...amp;findnew#new

Edited by pedro, 29 September 2008 - 04:49 PM.


#6 dasein

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Posted 29 September 2008 - 04:51 PM

the pressure is on them, ive been getting some angryemails back from those i implored to send letters against this bill - the unwinding of the leverage will not be pleasant for anyone, but it is not because the bailout filed - the point is to confine the damage to one generation not 4. there are ways to keep the markets liquid and not put an impossible debt on the taxpayers. it will make America stronger once there is no incentive to misallocate capital as we have done. i am bullish for th rest of the week, but the deleveraging will take years. klh
best,
klh

#7 arbman

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Posted 29 September 2008 - 04:52 PM

Extraordinary times; Tremendous buy signals here, right? The bank run is about to happen, withdraw some cash and stock up some food. I believe there won't be elections in 2008, but I optimistically plan ahead. I feel satisfied by the outcome of the bail out vote actually that the main sticking point is to use the $700B to benefit the stressed homeowners rather than paying some foreign entity a few cents for the failed paper. If the gov't takes ownership in the banks that sinks their value near zero anyway, this still doesn't really help to the shareholders and the market must decline to the fair value (near zero) quickly even there is a bail out plan to pass this week. However, helping the borrowers should help stabilize the real estate market as well as helping the mortgage paper recover, perhaps not letting the bill pass helps better than passing it actually... The private Federal Reserve must be also either closed or nationalized as long as the defaults of the GSEs remain nationalized. People still do not know that they are picking the failure of the credit created by the private banks sold to the public giants and they are in hundreds of billions of dollars. Fed is still free to extend credit to the private banks and the banks can still sell their debt to the GSEs, so this has to be stopped. One should be amazed how the Congress did not really wake up until they were asked for $700B unconditionally... So any criminal prosecution of Bush, Paulson, Cox... even Bernanke for national treason? Will there be any scrutiny against these people at the very top who deliberately lied to Congress over and over to protect the financial industry and obstructed the oversight only to come back in the last minute to ask for $700B to prevent a collapse?!? Probably not, but do not be surprised by the extraordinary times we live in... Worst of all, I am also surprised the President Bush would not still resign after he failed the entire country in all fronts and his own party rejected him as a lame duck. Even symbolically, he probably owes this much respect to the country...

Edited by arbman, 29 September 2008 - 04:57 PM.


#8 zigzag

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Posted 29 September 2008 - 05:47 PM

And I want a list of those who voted 'For' this bill.





Here you go [flip to page 1 where post started]

http://www.tickerfor...amp;findnew#new


Thanks Pedro. I'm going to use that list. Hopefully this will be a house cleaning event come November.

#9 MaryAM

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Posted 29 September 2008 - 06:03 PM

I read on another web site where the fed put in $630 billion today - why do we need any more money from treasury as well?

http://www.bloomberg...id=aP5hzUWla7Jg

I also see that all of CT congressional people voted for this mess. I guess I will be writing to them again.
I also am going to really change how I fund my own life.

My mother used to take my fathers pay check and CASH IT every week. No credit cards, no checking account. We walked to town and paid the bills with cash, like the phone bill, the electric bill, the water bill, and gas bill. Then we went to the grocery store when my father got home with the only car, and paid cash there. She had a pass book savings account and put a small amount in every week, and when there was enough to buy a EE savings bond, she bought one. Our world of electronic money and plastic money - is ripe with fraud and abuse as we are witnessing the unwinding of at this point. And by the way, if the credit markets are so frozen - why did I get three pre approved credit cards again today. All offering credit at 29% interest??? How do I get off these mailing lists?

#10 geosing

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Posted 29 September 2008 - 06:32 PM

How do I get off these mailing lists?


Read the fine print in the offers. They tell you how to get off this and other offers.