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At this moment
They need 60 votes to pass it and they are expecting to get the votes
Edit: Unofficially have the votes
Edit 2:Officially passed by senate and the House of Representatives votes Friday -
horray. 2000$ per american down the drain.
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F the bailout.
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Bailouts are for bitches
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wait wait
didnt this get denied already? How can they revote less than a week later? Im a overnment n00b. -
They could vote on it five times a day if they wanted to. Besides, it was the House that voted it down. This is the Senate that passed a <STRIKE>government handout</STRIKE> bailout.
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i guess because this is the senates version of the bill with additions
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i hope it fails every time. fuck the bailout, its only going to fuck us worse in the long run
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yeah but it comes with tax cuts!!!!!
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pass one time on friday and aig goes weeeeeeeeee and I got in a 2.6!
siri back plus profits weeeeeeeeee -
Of course it does. What would a bill that raises federal spending be without an accompanying revenue decrease?
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you're such an idiot^^^^^^
Stop trying to buy penny stocks. You look like a total goof ball. BTW. No one is gonna believe you when you say you get in these stocks because it's been proven YOU'RE A LIAR. You make up stuff to look smart, but you're not
<H3 class=byline>By GREG HITT and SARAH LUECK</H3>
WASHINGTON -- The Senate's revamped bailout package drew support from 74 lawmakers in a roll call vote Wednesday evening, and the measure will now return to the balky House of Representatives for another vote following its unexpected rejection on Monday.
<CITE>EPA</CITE>
Sens. Harry Reid, Christopher Dodd and Mitch McConnell make a statement to the media in Washington after the Senate approved a $700 billion financial rescue package.
The Senate approved a new bill loaded with tax breaks for business and an increase in deposit-insurance limits. It will be taken up in the House Friday.
The Senate bill is the latest twist in a dramatic week for a plan the president has said is vital to ensure the proper functioning of financial markets and, by extension, the broader economy. On Monday, the House delivered a stunning defeat to an earlier version of the bill amid a populist backlash from voters, tanking stock markets.
Stunned by the market reaction, lawmakers regrouped and added new items to the bill to win the extra needed support. One big change is the introduction of a 10-year, $150.5 billion package of tax proposals, including measures to ease the bite of the so-called alternative minimum tax and research-and-development tax credits coveted by high-tech companies and drug makers.
<H3 class=first>See a Photo Slideshow</H3>
View Slideshow

<CITE>Getty Images</CITE>
A stockbroker looked at her screen in Frankfurt.
That move ensured a big show of support for the rescue package in the Senate. But the politics are more complicated in the House, where moderate Democrats have demanded the tax bill be paid for with either spending cuts or new revenue measures to avoid increasing the deficit. A few days ago, the tax package, which was on a separate track, appeared dead as House Democrats balked at taking it up.
Another provision added by the Senate would require most employers and health insurers to put mental health problems on par with physical illnesses, including coverage for hospital stays and doctor visits as well as co-payments and deductibles. The legislation has been in the works for the past decade, and the Senate and House have passed similar measures. But the two chambers haven't cleared one version to send to President Bush.
Moderate House Democrats provided a solid bloc of 25 votes Monday for the bailout bill and could back away. Adding tax cuts could also drive away progressive Democrats already concerned that the bill doesn't do enough to help average Americans, congressional aides said
House Majority Leader Steny Hoyer, a moderate Democrat from Maryland, said he is urging fiscally conservative Democrats, known as Blue Dogs, to focus on the "bigger picture" and the need to stabilize the nation's shaky economy. "My gut tells me" moderates will still support the bill, he said.
Rep. Jim Cooper of Tennessee, a member of the Blue Dog Coalition, said he will again vote for the plan despite the addition of the Senate's tax package. "I think we have to ignore the Senate irresponsibility. The $700 billion issue is more important than the $30 billion issue," Mr. Cooper said.
Mr. Cooper said he hasn't spoken with colleagues about how they will vote, but said he expects House Democrats to pick up 10 or 15 votes for the overall package. "I think a lot of people regret their vote on Monday, but they need some cover to change their vote," such as the increase in deposit insurance on bank accounts, he said.
Even if the Democrats hold the line, Republicans will still have to find the votes to pull it across the finish line.
The core of Mr. Bush's rescue plan survives in the Senate bill. The measure, now more than 400 pages, authorizes Treasury to borrow $700 billion to buy up the tainted mortgages, securities and other financial instruments that have weakened the financial system and frozen credit markets.
That package failed Monday on a 228-205 vote; 140 Democrats backed it, representing 60% of the Democratic caucus. Republicans brought 65 votes to the bill, about a third of the party's ranks.
One Republican leadership aide said party leaders understand the stakes. "After Monday, there can be no doubts, going to the floor, about where our numbers are," the aide said. "There can be no failure."
A senior House Democratic aide said he was "cautiously optimistic" the House will pass the bill, but said Democrats remain wary of Republican claims to have secured more votes: "Trust but verify," he said.
Republican Rep. John Shadegg of Arizona voted against the original bill, favoring instead a change to accounting rules he thinks are partly responsible for the crisis. Mr. Shadegg said he spoke with Securities and Exchange Commission Chairman Christopher Cox for more than an hour Tuesday, and said a recent SEC move to tweak the accounting rule and the increase in deposit insurance makes the bill "significantly" better and he is "leaning" toward voting for it.
Senior leaders of the Senate took up the bill Wednesday in hopes of galvanizing debate in the House. Republican Sen. John McCain of Arizona and Democratic Sen. Barack Obama of Illinois, the rivals in the presidential campaign, flew back to the Capitol to cast their votes.
"The American people didn't send us here just to do easy things," said Senate Minority Leader Mitch McConnell, a four-term Kentucky Republican.
The House vote revealed deep unease among rank-and-file lawmakers. In an effort to broaden support, Senate Majority Leader Harry Reid and Sen. McConnell added a provision to raise federal deposit insurance to $250,000 from $100,000 for individual account holders. Supporters contend the increase is needed to bolster consumer confidence in the banking system. The increased coverage would be effective through 2009.
The bill also gives the Federal Deposit Insurance Corp. new authority to borrow taxpayer dollars to fund the agency's insurance program, which is already at historically low levels. The FDIC currently has a $30 billion line of credit with Treasury. Through 2009, the bill would provide the FDIC with unlimited authority.
Some 50 trade groups -- from the International Dairy Foods Association to the National Association of Plumbing, Heating and Cooling Contractors -- signed a letter expressing disappointment with the House's rejection of the bailout package. The list of signatories includes heavyweights in the real-estate and banking industries, such as the National Association of Realtors, the Associated General Contractors of America and the American Banking Association. -
we know darkpoker is an idiot already
we should disregard anything he posts -
i think they improved the bill with the increase of FDIC to 250k but it now has become the $850 billion bailout
i vote "nay" to this bill also -
It really tilts me because he makes shit up just to pretend that he's a baller and makes all this money. If he was the stock prodigy he proclaims to be, he wouldn't be in school or whatever the hell he's doing.
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Do you realize that the govt already owns 80 percent of AIG?
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lol wtf when did i make shit up? what do I have to proove to people on an internet forum? When did I lie? I play 10 20 omaha and am a supernova but have never said I was a balla? I know i got money for my age but if you think I am a balla I guess you got the wrong image of me.
lol at stock prodigy, unlike you im not afraid to post my stuff i do. Ya siri didnt work ( obv stock prodigy) out and you obv havent been watching aig. its been up in the after hours about 20 days in a row now. wake up you dumb cock and stop acting like your some devils advocarte who knows everything about both sides
Also dont be so bitter just cause you lost your ass monday lolz apple -
You lied about the sirius stock on several occassions. Your lies were caught and posted. You pretended to buy the stock lower when it tanked. Then you made up a bunch of bullshit about how you shorted it on the way down and then bought it and sold it on the way up.
darkpoker the day trader. LOL.
Go ahead and print out your transaction history on whatever brokerage you used. Black out your name and account numbers and show prroof you're the genius you pretend to be. Then I'll believe you and end every post for the next month with "darkpoker12 is a fucking stud".
Otherwise you're as big a bullshitter as Dank Diva, the shemale of OT. -
hahahahah how am I a fucking stud if I lost money on siri? you blow my mind with your logic.... I guess unemployment does that to you. head up steve jobs and his magic cape will help
Originally Posted by dolphin13
You lied about the sirius stock on several occassions. Your lies were caught and posted. You pretended to buy the stock lower when it tanked. Then you made up a bunch of bullshit about how you shorted it on the way down and then bought it and sold it on the way up.
darkpoker the day trader. LOL.
Go ahead and print out your transaction history on whatever brokerage you used. Black out your name and account numbers and show prroof you're the genius you pretend to be. Then I'll believe you and end every post for the next month with "darkpoker12 is a fucking stud".
Otherwise you're as big a bullshitter as Dank Diva, the shemale of OT. -
what happened tyo the well I only took a small loss on siri. You said you shorted it and then bought it on its lows and sold on its highs.
Where's the proof genius. Come on and prove it or stop making your bullshit posts. Print out your transaction history. It will take less than five minutes and you can prove you're as smart as you say you are
I could go make up shit like you to, but I'm not a pathological liar like you. -
Some 50 trade groups -- from the International Dairy Foods Association to the National Association of Plumbing, Heating and Cooling Contractors -- signed a letter expressing disappointment with the House's rejection of the bailout package. The list of signatories includes heavyweights in the real-estate and banking industries, such as the National Association of Realtors, the Associated General Contractors of America and the American Banking Association.
My favorite part of the article. Gee, the very groups that stand to gain the most from a bailout were "disappointed" that it wasn't passed.
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<table id="OrderStatus1_OrderListCtrl1__ctl0" border="0" cellpadding="3" cellspacing="3"><tbody><tr><td>BOUGHT</td><td align="right">3500
</td><td>AIG </td><td align="right">$2.63</td><td align="right">$9205.00</td><td>0263B40M </td><td>CASH</td><td align="right">9/29/2008</td><td align="right">12:32 PM</td></tr></tbody></table>
sorry was 2.63. As for the shorting it I used the wrong term, I have only done this for a year and a half so that was my mistake. I did not short it.
As for small loss it was more then that more me accepting a bad beat. I am young and have to pay no bills so I am gonna gamble homes, no bills and no... uhh something creative.... no worries?
why would I make up shit or well lots do it but what do I got to proove? as ship happens says " why would I care what people said about my chin ring on an internet forum" -
"i think they improved the bill with the increase of FDIC to 250k "
Seriously? Who will this affect? How many people do you know that keep more than 100K in a bank? -
You said you shorted it on it's way down. Then when it bottomed you started buying and sold it when it got higher. Let's see your transactions on any sirius buys and sells chief.
Originally Posted by darkpoker12
<TABLE id=OrderStatus1_OrderListCtrl1__ctl0 cellSpacing=3 cellPadding=3 border=0><TBODY><TR class=PageGridRowDark><TD>BOUGHT</TD><TD align=right>3500
</TD><TD>AIG </TD><TD align=right>$2.63</TD><TD align=right>$9205.00</TD><TD>0263B40M </TD><TD>CASH</TD><TD align=right>9/29/2008</TD><TD align=right>12:32 PM</TD></TR></TBODY></TABLE>
sorry was 2.63. As for the shorting it I used the wrong term, I have only done this for a year and a half so that was my mistake. I did not short it.
As for small loss it was more then that more me accepting a bad beat. I am young and have to pay no bills so I am gonna gamble homes, no bills and no... uhh something creative.... no worries?
You bought AIG at it's absolute low on 9-29???? well played if that's the case -
i don't know of many but it instills more confidence to those with large amounts of money and won't cause them to panic....one thing the government lacks is the american peoples confidence
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