CHESSNOID

As expected the Senate failed the American people by passing this bill 74-25.  No matter what they add to it to make it look attractive, it’s still just a pig with lipstick that costs 700 billion TAXPAYER dollars.

Senators loaded the economic rescue bill with tax breaks and other sweeteners before passing it by a wide margin, 74-25, a month before the presidential and congressional elections.

In the House, leaders were working feverishly to convert enough opponents of the bill to push it through by Friday, just days after lawmakers there stunningly rejected an earlier version and sent markets plunging around the globe.

The measure didn’t cause the same uproar in the Senate, where both parties’ presidential candidates, Republican John McCain and Democrat Barack Obama, made rare appearances to cast “aye” votes, as did Obama’s running mate, Sen. Joe Biden of Delaware.

The majority of the American people do not want to WASTE taxpayer dollars on WORTHLESS mortgages. Think about it, why pay full price for damaged goods. These mortgages are the ones nobody wants, the reasons why the housing bubble burst, the cause of the recession and really have no positive attributes. Why did the Senators vote for this when there is no direct benefit to the US economy. I am surprised the House of Reps voted it down but am happy they did. I hope they are as strong as they were the first time they voted.

The 3 stooges Bush, Bernanke, and Paulson state that not passing this Fraud Bailout Bill will bring financial meltdown consisting of foreclosures, layoffs, lowered value in stocks and 401ks, higher food and gas prices. Do these 3 elitists not know the rest of America has been living this reality for the last 12 months and that buying non-performing assets (actually liablities) from banks does NOT stop foreclosures, does NOT stop layoffs, does NOT increase stock values, and does NOT lower food and gas prices?