Yippee Ki Yi Yay (redux) (redux, again)
If you like watching YouTube, check out what these Representatives had to say before the vote:
http://www.youtube.com/watch?v=S27yitK32ds
http://www.youtube.com/watch?v=VaF_MZVWM3E
If you prefer to read the facts, then read this:
1. The bailout bill had NO enforcement provisions for the so-called oversight group that was going to monitor Wall Street's spending of the $700 billion;
2. It had NO penalties, fines or imprisonment for any executive who might steal any of the people's money;
3. It did NOTHING to force banks and lenders to rewrite people's mortgages to avoid foreclosures -- this bill would not have stopped ONE foreclosure!;
4. It had NO teeth anywhere in the entire piece of legislation, using words like "suggested" when referring to the government being paid back for the bailout;
5. Over 200
economists wrote to Congress and said this bill might actually WORSEN the
"financial crisis" and cause even MORE of a meltdown. (This was courtesy Michael Moore)



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