[Peace-discuss] senators who voted against the $800 B +++ bailout bill...

[E. Wayne Johnson]

If you havent heard anyone suggesting no bailout whatsoever you really
have your head in the sand, Jenifer.

Where you think the money is going to come from?  You want to add to
the national debt?  Further inflate the currency?  Devalue the dollar?

Who and where is the bailout going to? 

What about the $100 billion of junk the
bailout has been loaded with?  Who will pay for that?



Jenifer Cartwright wrote:
> I haven't heard anyone suggesting no bailout whatsoever... Most seem 
> to believe that some rescue really is necessary tho' the extreme rush 
> has been overstated... but that the corps and execs who screwed up 
> should get stiff penalties, along w/ strict oversight and very good 
> breaks for Mainstreet, etc etc. 
>  --Jenifer 
>
> --- On *Thu, 10/2/08, E. Wayne Johnson /<ewj at pigs.ag>/* wrote:
>
>     From: E. Wayne Johnson <ewj at pigs.ag>
>     Subject: Re: [Peace-discuss] senators who voted against the $800 B
>     +++ bailout bill...
>     To: jencart13 at yahoo.com
>     Cc: "Peace-discuss" <peace-discuss at anti-war.net>
>     Date: Thursday, October 2, 2008, 1:28 PM
>
>     I have to rather firmly disagree with you on this one, Jenifer,
>     although that is a fairly standard partisan explanation that you
>     provide.
>
>     Many of those who voted against it whether R or D, did so because
>     the measure is fundamentally flawed,
>     and they see the only possible remedy as allowing the failing
>     institutions to collapse and be liquidated,
>     following which event the economy will recover.  Propping up these
>     institutions by printing more
>     money will not do anything for the long term and will further add
>     to the continuing inflation and collapse of the dollar.
>
>     Jenifer Cartwright wrote:
>>     As I understand it (to generalize), the Dems/Indes voting nay
>>     wanted the bill to have more restrictions and safeguards. The
>>     Repubs voting nay wanted the bill to have fewer restrictions and
>>     safeguards. The House Repubs prevented the bill from passing the
>>     first time, so restrictions were removed... and then the Senate
>>     passed the bill that was closer to the original Paulson plan. If
>>     the House holds it up, they'll have to remove even more
>>     restrictions. Pathetic. And all the protest from the
>>     public didn't make much difference at all.
>>      --Jenifer 
>>
>>     --- On *Wed, 10/1/08, E. Wayne Johnson /<ewj at pigs.ag>/* wrote:
>>
>>         From: E. Wayne Johnson <ewj at pigs.ag>
>>         Subject: [Peace-discuss] senators who voted against the $800
>>         B +++ bailout bill...
>>         To: ronpaul-305 at meetup.com, republican-637 at meetup.com,
>>         "Peace-discuss" <peace-discuss at anti-war.net>
>>         Date: Wednesday, October 1, 2008, 10:50 PM
>>
>>
>>               Senators Who Voted Against the Rescue Bill
>>
>>         The modified $700 billion Wall Street rescue bill just passed
>>         the Senate by a 74-25 vote. Now it heads to the House; if it
>>         passes there, onto President Bush who favors the rescue plan.
>>         Here is a list of the senators who voted against the rescue bill:
>>         *- Waye Allard (R-Colo.)
>>         - John Barrasso (R-Wyo.)
>>         - Sam Brownback (R-Kan.)
>>         - Jim Bunning (R-Ky.)*
>>         *- Maria Cantwell (D-Wash.)*
>>         *- Thad Cochran (R-Miss.)
>>         - Mike Crapo (R-Idaho)
>>         - Jim DeMint (R-S.C.)
>>         - Elizabeth Dole (R-N.C.)*
>>         *- Byron Dorgan (D-N.D.)*
>>         *- Michael Enzi (R-Wyo.)*
>>         *- Russ Feingold (D-Wisc.)*
>>         *- James Inhofe (R-Okla.)*
>>         *- Tim Johnson (D-S.D.)
>>         - Mary Landrieu (D-La.)
>>         - Bill Nelson (D-Fla.)*
>>         *- Pat Roberts (R-Kan.)*
>>         *- Bernie Sanders (I-Vt.)*
>>         *- Jeff Sessions (R-Ala.)
>>         - Richard Shelby (R-Ala.)*
>>         *- Debbie Stabenow (D-Mich.)
>>         - John Tester (D-Mont.)*
>>         *- David Vitter (R-La.)
>>         - Roger Wicker (R-Miss.)
>>         *
>>         *- Ron Wyden (D-Ore.)*
>>         Of note:
>>         - By party, 15 Republicans, nine Democrats and one
>>         Independent voted against.
>>         - Both senators from Alabama, Wyoming, Kansas and Mississippi
>>         voted against the bill, all Republicans.
>>
>>         _______________________________________________
>>         Peace-discuss mailing list
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>>                   
>>
>>
>
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