Wall Street vs. Main Street

October 4, 2008 - by Donny Shaw

Here are the five Members of Congress who, on Friday, voted in favor of the financial bailout bill and then minutes later voted against H.R.6867, a bill to extend unemployment insurance benefits for people struggling in the nation’s slumping economy:

Rep. James Barrett [R, SC-3]

Rep. Christopher Cannon [R, UT-3]

Rep. K. Michael Conaway [R, TX-11]

Rep. Bob Inglis [R, SC-4]

Rep. John Shadegg [R, AZ-3]

 

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  • Anonymous Oct 06, 2008 12:43am
    Overall Rating: 5.0  |  Login to Rate

    Senators Tim Johnson, John Thune and Rep. Stephanie Herseth via registered mail all have been asked a question on civil rights. Is it fair that 2 people last month were convicted of bank fraud and identity theft in SD when a single person has 7 social security numbers on their credit report? The FBI does not like the ex-spouse so doing identity theft to the tune of plus $100,000 will no be prosecuted. 3 people commit the same crime but the one that did the most crimes is not punished as it is embarrassing to the FBI and they would have to arrest the State Judge that attempted to covered up the identity theft.

  • Anonymous Oct 07, 2008 9:53am
    Overall Rating: 5.0  |  Login to Rate

    the President said he opposed the extension on the grounds that “Unemployment benefits should be temporary in nature to encourage a return to work as quickly as possible.”

    Honestly the president is an a**hole if he thinks that 7 more weeks for some people and 13 weeks for others is really going to make people not look for work. I mean if he was giving us an extra year maybe but 7 weeks isn't a lot. Wake up jacka**.

  • Anonymous Oct 06, 2008 1:09pm
    Overall Rating: 5.0  |  Login to Rate  |  1 of 1 found useful.

    Please note that the whole Senate ran out of town for a month and a half without voting on extending unemployment benefits. The next time I hear any politican, no matter what party, talk about Main Street, I'll spit on them.

  • Anonymous Oct 06, 2008 5:37pm
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    Earlier in the week, the President issued a message threatening to veto the extension of jobless benefits. Despite the mounting job losses, the President said he opposed the extension on the grounds that “Unemployment benefits should be temporary in nature to encourage a return to work as quickly as possible.” Even former Fed Chairman Alan Greenspan has noted that this argument doesn’t hold water in an economy in which both job losses and unemployment are rising.

    Yesterday, Senate Majority Leader Harry Reid made a last-minute motion on the Senate floor for “unanimous consent” to adopt a Senate measure (S. 3507) to expand jobless benefits. It was defeated when Republican Senator Wayne Allard objected to the motion. As a result, the Senate left town for the elections recess without passing the extension.

  • Anonymous Oct 06, 2008 6:19pm
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    It is a shame with increasing unemployment that the Senate or Congress could not pass unemployment extensions, but could pass the bailout. It is a shame when the President threatens to veto extension of unemployment benefits and shows no understanding of the difficulty of finding long term employment when there is a depressed economy. Since, Congress doesn't convene until after the elections, there will be more suffering for main streets unemployed and more debt. As unemployment benefits run out the stats don't show the number of people still unemployed but not receiving benefits...or the numbers would be even greater...

  • Anonymous Oct 07, 2008 3:32am
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    The long winter is almost upon us, buy guns ammo, warm clothing (incase you have no heat), learn canning and preserving for next year. It would seem that congress continues to lie to us (you) the credit meltdown might be worse then initially to the tune of 500-700 trillion. So I’m afraid there 1.3 trillion dollar fix will not work and it seems that wall street has been selling them to other countries. What does that mean for you and me well there are probably going to be a lot of very upset governments. I am not happy to be the one telling you this they lied to us all and they (congress) benefited from it. The rescue is just there last minuet grab bag special to grow there fortunes a little more before hyper inflation destroys what is left of our economy no doubt they are heavily investing in gold and other metals. They probably expect to slip into hiding with there families during the chaos the time to move is now if we are going to.

    BR41NM4660T

  • Anonymous Oct 21, 2009 2:39pm
    Overall Rating: 5.0  |  Login to Rate

    what are people going to do if they dont have jobs to keep there homes and food and electric on the table.i am 53 years old never been with out a job and no one even look at my resume.my husband worked for the same company for 30 years and cant find a job and we have no unemployment to help or savings



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