[IWE] First try at bailout fails in Congress

[Wade Bowmer]

It's hard to keep up with all these emails with a flakey email server...
so cherry picking based on subject lines, I would like to throw the
following essay into the pot.

http://www.abc.net.au/unleashed/stories/s2375624.htm

Scary. And the bits he *is* right about make me wonder about the bits I
don't know...

Wade


On 9/30/2008, "Jack Troughton" <partial.to.music@gmail.com> wrote:

>Not to put too fine a point on it, but this is fundamentally the last
>ten years of living on credit coming home to roost.
>
>On Mon, Sep 29, 2008 at 5:27 PM,  <bepatient@cfl.rr.com> wrote:
>> Thank Pelosi for that. Threw everyone under the bus with her pre-vote speech.
>>
>>
>>
>>
>> ---- williamoxley@aim.com wrote:
>>>
>>>  I think we could freefall to an 8k dow before it turns up again
>>>
>>>
>>>
>>>
>>>
>>>
>>>
>>> -----Original Message-----
>>> From: Jay Mehaffey <jaym667@yahoo.com>
>>> To: IWETHEY Mailing List <iwe@warhead.org.uk>
>>> Sent: Mon, 29 Sep 2008 2:36 pm
>>> Subject: [IWE] First try at bailout fails in Congress
>>>
>>>
>>>
>>>
>>>
>>>
>>>
>>>
>>>
>>>
>>>
>>> http://money.cnn.com/2008/09/29/news/economy/bailout/index.htm?cnn=yes
>>> >The fate of the Bush administration's $700 billion financial bailout
>>> plan
>>> >was abruptly thrown in doubt Monday as a House vote turned
>>> >against
>>> the controversial measure.
>>> Lots of arm turning, but they still came up 13 votes short. The Dow Jones average
>>> dropped hard on the news. It's been down 200 or more all day, and is down 500
>>> right now.
>>>
>>> What happens now is an open question. More negotiation, but what the
>>> result will be is hard to say. Significant groups of both Democrats and
>>> Republicans don't like the bill, but there are a lot of opinions on why.
>>>
>>> Jay
>>>
>>>
>>>
>>>
>>>
>>>
>>>
>>>
>>>
>>>
>>>
>>
>> _______________________________________________
>> IWE mailing list
>> IWE@warhead.org.uk
>> http://lists.warhead.org.uk/mailman/listinfo/iwe
>>
>_______________________________________________
>IWE mailing list
>IWE@warhead.org.uk
>http://lists.warhead.org.uk/mailman/listinfo/iwe