CONGRESS APPROVES 700 BILLION BAILOUT
Congress approved an the $700 billion United States government bailout of the financial industry today and sent it to President George W. Bush for his signature. The final vote was 263-171 in the House, a comfortable margin that was 58 more than the measure garnered in Monday's vote. The vote capped two weeks of battling in Congress and on Wall Street, punctuated by daily warnings that the country faced the gravest economic crisis since the stock market crash of 1929 if lawmakers failed to act. At the White House, Bush declared, "We have acted boldly to help prevent the crisis on Wall Street from becoming a crisis in communities across our country." Everyone in this country should be sad and mad that the crooks in Wall Street who made Millions and Billions, have been allowed to rip off the citizens of this country. Times Square Gossip readers voted almost 2 to 1 to not bail out wall street. They got the votes because they got to bribe our elected officials legally by offering them another 150 billion or so for their pet projects. I think this really sucks. George Bush is the worst president we ever had. He will go down in history as such !
Comments
If we had any faith in the way our government worked before this bill, citizens must now acknowledge that our elected representatives aren’t capable of addressing our country’s business needs quickly, sufficiently, or without taking care of their own wants first. At this point, I don’t trust the legislative or executive branches of our government to handle any of our nation’s concerns. They have proven their complete ineptitude while formulating this bill.