The number is 202-585-3886 It will be busy but keep trying. This is the largest theft in American history. It is a crime of Treason for the members of Congress who have voted for this bill. Mostly right now it is Democrats that are selling out the rest of America. The Republicans are blocking the bill, go figure. Here is the link to email your local Traitor, the link is of course not working. Pray and visualize these creatures being locked up for Treason.
http://www.house.gov/writerep/
Chris Isadore
New York, (CNNmoney.com)
The fate of the Bush administration's $700 billion financial bailout plan was abruptly thrown in doubt Monday as a House vote turned against the controversial measure.
The next steps were not immediately clear but supporters were scrambling to put it up for another vote.
What was supposed to be a 15-minute vote stretched past the half-hour mark as leadership scrambled for support.
Investors who had been counting on the rescue plan sent the Dow Jones industrial average down as much as 700 points while watching the measure come up short of the necessary support, before rebounding slightly. The key stock reading was down more than 500 points.
The measure needs 218 votes for passage, but it came up 13 votes short of that target, as the final vote was 228 to 205 against. About 60% of Democrats voted for the measure, but less than a third of Republicans backed it.
President Bush is "very disappointed" by the House vote, his spokesman Tony Fratto said.
A four-hour debate included impassioned pleas for and against the measure from Democrats and Republicans alike. Even some of those arguing the legislation must be approved were quick to point out problems with it.
But in the end, the vote began with both Democratic and Republican leadership telling their members the only way to protect the economy from a spreading credit crunch was to vote for the difficult to swallow measure.
"Our time has run out," said Rep. Spencer Bachus, the ranking Republican on the House Financial Services Committee. "We're going make a decision. There are no other choices, no other alternatives."
The vote comes after lawmakers and the Bush administration finalized legislation following a weekend of high-stakes negotiations over the controversial measure, which is designed to get battered U.S. credit markets working normally again.
"Today is the decision day," said Barney Frank, D-Mass., on the House floor. "If we defeat this bill today, it will be a very bad day for the financial sector of the American economy and the people who will feel the pain are not the top bankers and top corporate executives but average Americans."
House Minority Leader John Boehner told his members, many of whom objected the measure, that the had accept something he and many of them found distasteful.
"If I didn't think we were on the brink of an economic disaster it would be the easiest thing to say no to this," Boehner said. But he said lawmakers needed to do what was in the best interest of the country.
Leading House Republicans signed on to the proposal on Sunday after expressing earlier reservations. Senate Majority Leader Harry Reid said Sunday he hoped for a vote in that chamber by Wednesday at the latest.
Earlier on Monday, President Bush and Federal Reserve Chairman Ben Bernanke hailed the measure and urged Congress to move quickly to pass it.
Bush, speaking at the White House, called the proposed measure "an extraordinary agreement to deal with an extraordinary problem." He said he is confident the measure will win bipartisan support. Article cont' here
For an alternative solution, Ron Paul's End the Fed bill: HR 2755 IH. This bill will end the Fed and bring back the Gold standard which is the only monetary system authorized by the U.S. Constitution.
To learn more about the Federal Reserve scam, you can purchase the Creature from Jekyll Island here.
scroll down to the bottom.
To purchase the disc From Freedom to Fascism; a brillant documentary on the Federal Reserve banking system click here.
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment