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To: lifeisgood who wrote (151336)	9/27/2008 6:26:09 PM
From: MulhollandDrive	Read Replies (3) \| Respond to of 306849

everyone from buffet to welch to trump on down is screaming for this particular bailout NOW (104 pages and growing) and why MUST it be bi-partisan why is that? the dems have enough votes to push it through and bush will sign it... the only reason i can see for the dems unwillingness to put their head on the block for passage is: EPIC FAIL they don't want to be held accountable when it does Every sign of potential disaster is there. You and the rest of the House have to act. It has to be bipartisan. This should not be about politics (even though Barney Frank keeps talking bipartisan and then taking partisan shots, but I guess he just can't help himself). It should be about doing the right thing for our country and the world. I know it will not be fun coming back to the district. Talking about TED spreads and LIBOR will not do much to assuage voters who are angry. But it is the right thing to do. And I will be glad to come to the town hall meeting with you and help if you like. With your help, we will get through this. In a few years, things will be back to normal and we can all have stories to tell to our grandkids about how we lived through interesting times. But right now we have to act.

To: lifeisgood who wrote (151336)	9/27/2008 6:33:50 PM
From: patron_anejo_por_favor	Respond to of 306849

We've seen a lot of that lately. Lots of book-talking, little or no statesmanship.

To: lifeisgood who wrote (151336)	9/27/2008 6:58:28 PM
From: nextrade!	Read Replies (3) \| Respond to of 306849

Congressional leaders huddle on bailout deal Sat Sep 27, 2008 6:49pm EDT reuters.com By Donna Smith and Tabassum Zakaria WASHINGTON (Reuters) - Congressional leaders locked themselves behind closed doors on Saturday with an urgent mission to reach a deal on a proposed $700 billion bailout of the financial industry amid the worst financial crisis since the Great Depression. Pressed to act before Asian markets open on Monday, leaders from the Senate and House of Representatives pledged to hammer out an agreement on buying distressed debt from financial institutions that are staggering under the weight of failed mortgages. Senate leader Mitch McConnell of Kentucky said "time is not our ally" and set a goal of holding a vote on a Monday. House Speaker Nancy Pelosi said she hoped a deal would be clinched on Saturday so Congress could act on Sunday or Monday. But House Republicans expressed reservations about the proposal by President George W. Bush, saying they wanted Wall Street to share more of the cost of cleaning up balance sheets and were less concerned about the deadline of Monday's opening bell. "We're not moving on any kind of artificial time line. We're moving toward the very best solution in the shortest period of time we can get to the very best solution," said Republican Rep. Roy Blunt of Missouri. Treasury Secretary Henry Paulson joined the talks as pressure increased to reach a deal following last week's white-knuckle ride on the financial markets. Big, heavily indebted banks teetered, collapsed or refused to lend money to each other at low rates of interest threatening to grind the economy to a halt, after central banks injected liquidity into the markets to try to get them moving >>>http://www.reuters.com/article/newsOne/idUSTRE48Q3B520080927