Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Madharry who wrote (32199)	9/29/2008 2:27:57 PM
From: Madharry	1 Recommendation Read Replies (3) \| Respond to of 78666

OT I applaud the decision by the House to defeat the proposed bailout bill. It was a stupid idea, drafted by a bunch of slimeballs IMHO. we need action that will help homeowners stay in their houses, despite their decline in value. I dont see how this bill will stop home prices from declining or reduce foreclosures. not only that but there was nothing in the bill that determines the order in which assets are purchased or the price to be paid for them. its all left in the hands of the omnipotent paulson who's had 12 months easy to deal with this problem and stop it from spreading. all of a sudden a bill has to be passed within a week.