test

BREAKING NEWS: House Passes $700 Billion Bailout Bill

This Just In:

The House passed the bill 263 - 171

This appears to be stabilizing the market.

Stay tuned for more details.

And vote Barack Obama in November.

Why?

It was John McCain who just two weeks ago said that the fundamentals of our economy were solid.  Wow! Was he wrong!

New York Post Shows Bailout Deal is a Pig of a Deal; Plus the Daily News & Newsday

The pig is back.   With a ton of pork added to the bailout bill, the New York Post cover shows what happened to the original bill.

The special provisions include tax breaks for:

  • Manufacturers of kids’ wooden arrows - $6 million.
  • Puerto Rican and Virgin Is- lands rum producers - $192 million.
  • Wool research.
  • Auto-racing tracks - $128 million.
  • Corporations operating in American Samoa - $33 million.
  • Small- to medium-budget film and television productions - $10 million.

For more details, click here.

To see the covers of the New York Daily News and Newsday, make the jump!

Read the rest of this entry »

BREAKING NEWS: Senate Passes Economic Recovery Act

The Senate overwhelmingly passed the $700 billion economic recovery act, formerly known as the bailout plan.

The Rescue Bill passed by a 74-25 vote.

House officials said that provisions being added to the measure should lead to its approval by Friday.

WALL STREET CRISIS: New York Times Calls House “Defiant”

To read the New York Times coverage, visit here.

WALL STREET CRISIS: AM New York - “Pols to Wall St..Bail Yourself Out”

To read AM New York’s coverage, visit here.

WALL STREET CRISIS: Newsday Says “Well, That Didn’t Work”

To read Newsday’s cover story on the Wall Street Crisis, click here.

WALL STREET CRISIS: NY Daily News Visualizes Market PLUNGE!

To read the New York Daily News cover story, visit here.

Which Team Do You Trust to Take Us Out of This Financial Crisis?

John McCain and Sarah Palin or…

Barack Obama and Joe Biden.

Leave your thoughts in the comments section.

U.S. Stock Market is CRASHING; House Defeats 700 Billion Dollar Bailout Bill

Breaking News: The House rejected a $700 billion Wall Street bailout bill Monday that administration officials said was crucial to avoid a broad economic collapse, reports CNBC, causing a massive drop in the stock market.

Hot Links:  Updates on the Market Crisis:

Drudge Report

UK Telegraph

New York Times

WSJ

FT

L.A. Times

USA Today

NY Post







Register | Lost your password?

T-Shirt Shop




RSS Feed










Blogroll


Fan sites