$300 Billion Bail Out Clears The Senate

[dustin]

This! And please explain why I get to pay for stupid?
Ed

I hate paying for stupid too.

 

[AK-74me]

I hate numbers; there's too many of them (Beavis & Butthead). Even I was able to figure out how much of a house I could afford. In retrospect, I probably could have gone for a little more house, but that weren't the way I wuz raised.

How damm hard is that?

Me too. That is the thing everyone thinks or thought that they could afford a $400K house on $50k a year or less income. Not to mention $500-$600 car notes.

I'd like to be living in a 1/2 million dollar place too, if only I'd been a little dumber I could of got everyone else to pay for it.

 

[somdrenter]

If this box is X'ed..

What type of rate do you think it is?

With all of the predatory loan practices that have been going on, it's kind of hard to lay all the blame on the consumer.

 

[awpitt]

What type of rate do you think it is?

If it were that simple, we wouldn't be having this discusion.

 

[awpitt]

Bush clearly stated he would Veto this bill!!! Unfortunately Veto's can be overridden by a 2/3 senate vote!!!

Actually, it takes a 2/3 House vote in addition to a 2/3 Senate vote. That's assuming the House and Senate versions are the same. At this point, they're not.

 

[RadioPatrol]

Bush clearly stated he would Veto this bill!!! Unfortunately Veto's can be overridden by a 2/3 senate vote!!!

what about the House #'s .........

 

[somdrenter]

If it were that simple, we wouldn't be having this discusion.

How much more complicated do you think it is? A concept that for a number of years worked well:

Don't Buy Stuff You Can't Afford

If the only way you can get into a house is with some toxic mortgage….you probably can’t afford it

 

[AndyMarquisLIVE]

Where do you get 91% out of 83 senators?

He's already admitted he's not a good speller, we already know he's not a good apologizer, and now he's showing he's not a good adder.

...

The Senate voted 83-9 to speed up work on the $300 billion mortgage aid plan, putting it on track for a final vote as early as the end of the day.

 

[chernmax]

what about the House #'s .........

Sorry yes 2/3 house, 2/3 senate to override a presidental veto...

 

[MMDad]

...

Here Andy:

83/100 = ???

 

[Christy]

Stupid should be painful.

 

[AndyMarquisLIVE]

Here Andy:

83/100 = ???

Where do you get 100 out of 92?

 

[MMDad]

Where do you get 100 out of 92?

Go to U.S. Senate


There are 100 Senators, Andy.

 

[vraiblonde]

Go to U.S. Senate


There are 100 Senators, Andy.

Only 92 of them voted.

 

[vraiblonde]

If it were that simple, we wouldn't be having this discusion.

No, it's that simple. Everyone knows what an ARM is and that the only reason you'd want one is if you can't afford the home you want to buy and are trying to get the payments down. Very similar to these new 60 and 72 month car loans - who the hell takes out a car loan for 5 or 6 years????? But people do it because they have champagne tastes and a beer budget.

And when people are greedy like that and think they're entitled to stuff they can't afford, I have no problem with them losing everything.

 

[MMDad]

91% overrides a veto, easily.

Only 92 of them voted.

He's talking about Veto overide. That's out of 100 Senators, not the 92 that chose to vote for this one procedual vote.

 

[BOP]

Here Andy:

83/100 = ???

serious buzz-kill?