Here is show 14.

Show Notes:

• The FED, American auto ask for bailout loan.  Is it the right thing, what are some of the conditions?
• The US economy, we are in a recession.  States doing bankrupt? Is raising taxes the best thing to do?

Enjoy!

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As we all know the $700 Billion economic bailout bill failed to pass the House of Representatives, so the Senate took it’s turn in a similar bill and added $150 Billion worth of pork/earmarks to “sweeten” it. It passes in both the House and Senate and President Bush signed it into law (Public Law 110-343) within hours.

Both presidential candidates voted for the bill.

Here is Senate roll call (number 213, 74-25 passed)

Here is the HR roll call (Roll call 681, 263-171 passed), 58 Reps changed votes from Monday to Today.

There are six versions of the bill (HR 1424), version six actually dealing with the Economic bailout.  You can read all six Here or read the version directly affecting the bailout Here

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This is a clip titled “Clusterf#@k to the Poor House – Dive of Death” from the September 25th, 2008 episode of The Daily Show with Jon Stewart.  Jon makes a humorous yet startling comparison between 2003 Bush making a case for the Iraq War vs 2008 Bush making a case for the Economic Bailout.

Check it out…

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Here is how the HR voted. Roll call 674 (H.R 3997) (205-228, voted down)

Here is a draft of the actual proposed bill … Bailout Bill 674 (H.R 3997)

House Minority Leader John Boehner says the chamber will not vote again today

[Additions below]

Republicans are quick to point the speech made by Speaker of the House Nancy Pelosi(D, CA) just before the vote.

Watch the Pelosi Speech. Speech Transcripts.

Vote responses: Dem Ldrs, GOP Ldrs.

President Bush on proposed Bill

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Here is show 9

Show notes:

• Intro by SKetkar
• Discussion one, Hurricane Ike – issues related to pre and post hurricane regarding the authority given the governing bodies (local, state and federal).  Responsibilities of citizen in time of crisis and/or disasters.
• Discussion two, Economy – specifically, what’s going on, on Wall St. and how it affects individuals.  Bailout of AIG, and proposed bailout package.  Are we headed for a corporate-socialist (Corporate Welfare) state?  Or are headed toward something even worse? Fascism?
• End of show stuff

Enjoy!

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