# Bailout passes Senate 74-25 **URL:** \ **Category:** The BBQ Pit\ **Created:** [October 2, 2008, 6:34am UTC](https://boards.straightdope.com/t/bailout-passes-senate-74-25/466138 "2008-10-02T06:34:30Z")\ **Posts on this page:** 20\ **Page:** 1
**Author:** ![Paladud](https://avatars.discourse-cdn.com/v4/letter/p/82dd89/32.png) [@Paladud](https://boards.straightdope.com/u/Paladud)\ **Post date:** [October 2, 2008, 6:34am UTC](https://boards.straightdope.com/t/bailout-passes-senate-74-25/466138/1 "2008-10-02T06:34:30Z")
[http://www.senate.gov/legislative/LIS/roll\_call\_lists/roll\_call\_vote\_cfm.cfm?congress=110&session=2&vote=00213](http://www.senate.gov/legislative/LIS/roll_call_lists/roll_call_vote_cfm.cfm?congress=110&session=2&vote=00213) Dear Senator McCain: I was willing to overlook a quantity of shit sufficient to fill the Marianas Trench. No more. Fuck you. Go die in a fire. ---
**Author:** ![Billdo](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/billdo/32/315_2.png) [@Billdo](https://boards.straightdope.com/u/Billdo)\ **Post date:** [October 2, 2008, 11:06am UTC](https://boards.straightdope.com/t/bailout-passes-senate-74-25/466138/2 "2008-10-02T11:06:38Z")
What, you missed the Great Depression the first time around, and were hoping to get in on the repeat? ---
**Author:** ![Ice\_Cream\_Man](https://avatars.discourse-cdn.com/v4/letter/i/9f8e36/32.png) [@Ice\_Cream\_Man](https://boards.straightdope.com/u/Ice_Cream_Man)\ **Post date:** [October 2, 2008, 12:37pm UTC](https://boards.straightdope.com/t/bailout-passes-senate-74-25/466138/3 "2008-10-02T12:37:18Z")
Obama also voted Yea. ---
**Author:** ![tdn](https://avatars.discourse-cdn.com/v4/letter/t/94ad74/32.png) [@tdn](https://boards.straightdope.com/u/tdn)\ **Post date:** [October 2, 2008, 12:48pm UTC](https://boards.straightdope.com/t/bailout-passes-senate-74-25/466138/4 "2008-10-02T12:48:26Z")
I’m failing to see how this is McCain’s fault, or a partisan issue in the first place. In fact, if it prevents another Great Depression, I can’t see it as anything but a good thing. But I’ll admit to being mostly ignorant to the deeper aspects of the issue, and I am willing to be educated on the subject. ---
**Author:** ![Airman\_Doors\_USAF](https://avatars.discourse-cdn.com/v4/letter/a/e36b37/32.png) [@Airman\_Doors\_USAF](https://boards.straightdope.com/u/Airman_Doors_USAF)\ **Post date:** [October 2, 2008, 1:05pm UTC](https://boards.straightdope.com/t/bailout-passes-senate-74-25/466138/5 "2008-10-02T13:05:45Z")
I heard Barney Frank this morning on NPR, and he had a point: saying no on Monday in the House might have been advantageous politically, but what happened after that probably opened some peoples’ eyes to the fact that this is not happening in a vacuum and that a no vote has repercussions that go far beyond politics. I suspect the Senate saw what happened and realized that they couldn’t vote it down. Now it falls upon the House to try to pass it again, and I think they will, even if Pelosi opens her yap again. Whether you think it’s right or wrong, whether you think that these companies should fail as a result of their decisions, you have to factor in that these companies are holding the life savings of other people, and it’s not just the companies that will suffer. The House should pass this bill now. ---
**Author:** ![buttonjockey308](https://avatars.discourse-cdn.com/v4/letter/b/bcef8e/32.png) [@buttonjockey308](https://boards.straightdope.com/u/buttonjockey308)\ **Post date:** [October 2, 2008, 1:07pm UTC](https://boards.straightdope.com/t/bailout-passes-senate-74-25/466138/6 "2008-10-02T13:07:59Z")
Everyone who REALLY didn’t think this would pass raise your hand. ---
**Author:** ![ArizonaTeach](https://avatars.discourse-cdn.com/v4/letter/a/45deac/32.png) [@ArizonaTeach](https://boards.straightdope.com/u/ArizonaTeach)\ **Post date:** [October 2, 2008, 1:17pm UTC](https://boards.straightdope.com/t/bailout-passes-senate-74-25/466138/7 "2008-10-02T13:17:32Z")
> [@Ice\_Cream\_Man](#): > > Obama also voted Yea. Shhhh! You’ll wake the OP from his blissful sleep. ---
**Author:** ![tdn](https://avatars.discourse-cdn.com/v4/letter/t/94ad74/32.png) [@tdn](https://boards.straightdope.com/u/tdn)\ **Post date:** [October 2, 2008, 1:19pm UTC](https://boards.straightdope.com/t/bailout-passes-senate-74-25/466138/8 "2008-10-02T13:19:31Z")
> [@Airman\_Doors\_USAF](#): > > you have to factor in that these companies are holding the life savings of other people, and it’s not just the companies that will suffer. Amen. When people are losing their homes, it’s time to put partisan politics aside. It’s heartening to see both sides come together for the good of the people for once. ---
**Author:** ![fessie](https://avatars.discourse-cdn.com/v4/letter/f/c37758/32.png) [@fessie](https://boards.straightdope.com/u/fessie)\ **Post date:** [October 2, 2008, 1:29pm UTC](https://boards.straightdope.com/t/bailout-passes-senate-74-25/466138/9 "2008-10-02T13:29:11Z")
As far as McCain’s concerned, it don’t matter diddly whether Congresses passes the bailout or not - the Prez can spend a trillion of OUR dollars all on his own. [He said it 3 separate times](http://www.youtube.com/watch?v=SesiK5CpcII) ---
**Author:** ![brazil84](https://avatars.discourse-cdn.com/v4/letter/b/8491ac/32.png) [@brazil84](https://boards.straightdope.com/u/brazil84)\ **Post date:** [October 2, 2008, 1:31pm UTC](https://boards.straightdope.com/t/bailout-passes-senate-74-25/466138/10 "2008-10-02T13:31:50Z")
From what I hear, the big difference is that most senators are not up for re-election in a few weeks. I don’t see what this has to do with McCain or Obama, but I’m sure the partisans will find a way to spin things. Oh, and Barney Frank is an asshole: Here’s what he apparently [said](http://query.nytimes.com/gst/fullpage.html?res=9E06E3D6123BF932A2575AC0A9659C8B63&sec=&spon=&pagewanted=print) five years ago: > [@](#): > > ‘‘These two entities – Fannie Mae and Freddie Mac – are not facing any kind of financial crisis,’’ said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee. ‘‘The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.’’ ---
**Author:** ![Airman\_Doors\_USAF](https://avatars.discourse-cdn.com/v4/letter/a/e36b37/32.png) [@Airman\_Doors\_USAF](https://boards.straightdope.com/u/Airman_Doors_USAF)\ **Post date:** [October 2, 2008, 1:34pm UTC](https://boards.straightdope.com/t/bailout-passes-senate-74-25/466138/11 "2008-10-02T13:34:14Z")
> [@brazil84](#): > > Oh, and Barney Frank is an asshole… Maybe he is, and you are certainly allowed to hold that opinion based upon what he said in the past, but are people not allowed to re-evaluate situations? ---
**Author:** ![Marley23](https://avatars.discourse-cdn.com/v4/letter/m/45deac/32.png) [@Marley23](https://boards.straightdope.com/u/Marley23)\ **Post date:** [October 2, 2008, 1:39pm UTC](https://boards.straightdope.com/t/bailout-passes-senate-74-25/466138/12 "2008-10-02T13:39:09Z")
> [@ArizonaTeach](#): > > Shhhh! You’ll wake the OP from his blissful sleep. I’m pretty sure **Paladud** is a conservative, and if so, he’s mad at McCain for voting yes. Obama was probably not in the picture anyway. ---
**Author:** ![friedo](https://avatars.discourse-cdn.com/v4/letter/f/8edcca/32.png) [@friedo](https://boards.straightdope.com/u/friedo)\ **Post date:** [October 2, 2008, 1:41pm UTC](https://boards.straightdope.com/t/bailout-passes-senate-74-25/466138/13 "2008-10-02T13:41:55Z")
> [@Billdo](#): > > What, you missed the Great Depression the first time around, and were hoping to get in on the repeat? You’re an idiot. Anyone who thinks the current crisis is comparable to the Great Depression is a victim of all the nonsensical media fearmongering and economic Godwinism that’s been shoved down out throats the last few months. ---
**Author:** ![gonzomax](https://avatars.discourse-cdn.com/v4/letter/g/e8c25b/32.png) [@gonzomax](https://boards.straightdope.com/u/gonzomax)\ **Post date:** [October 2, 2008, 1:59pm UTC](https://boards.straightdope.com/t/bailout-passes-senate-74-25/466138/14 "2008-10-02T13:59:08Z")
> [@tdn](#): > > Amen. When people are losing their homes, it’s time to put partisan politics aside. It’s heartening to see both sides come together for the good of the people for once. More homes will go. This is a top down ,not bottom up fix. This fix is to get money moving between banks. They have a lot of securities backed with risky mortgages. We will buy the bad paper. The idea that we will make out is a joke. Home prices are not close to bottoming out. It will be a couple more years before the home prices are stabilized. I doubt that we can sell the mortgages for a profit then. ---
**Author:** ![Mollie\_Magill](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/mollie_magill/32/20882_2.png) [@Mollie\_Magill](https://boards.straightdope.com/u/Mollie_Magill)\ **Post date:** [October 2, 2008, 2:00pm UTC](https://boards.straightdope.com/t/bailout-passes-senate-74-25/466138/15 "2008-10-02T14:00:46Z")
> [@friedo](#): > > Anyone who thinks the current crisis is comparable to the Great Depression is a victim of all the nonsensical media fearmongering and economic Godwinism that’s been shoved down out throats the last few months. I dunno - When banks stop loaning each other money, and freeze the revolving credit that most small businesses use to meet payroll, what happens next? I believe (I could be wrong) that the last time anything comparable happened was eighty years ago. ---
**Author:** ![silenus](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/silenus/32/166_2.png) [@silenus](https://boards.straightdope.com/u/silenus)\ **Post date:** [October 2, 2008, 2:05pm UTC](https://boards.straightdope.com/t/bailout-passes-senate-74-25/466138/16 "2008-10-02T14:05:51Z")
I’d favor this bailout only if there amendments that amount to bills of attainder against every CEO involved in this debacle. ---
**Author:** ![Muffin](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/muffin/32/4341_2.png) [@Muffin](https://boards.straightdope.com/u/Muffin)\ **Post date:** [October 2, 2008, 2:08pm UTC](https://boards.straightdope.com/t/bailout-passes-senate-74-25/466138/17 "2008-10-02T14:08:11Z")
Another victory for socialism. ---
**Author:** ![Dinsdale](https://avatars.discourse-cdn.com/v4/letter/d/97f17d/32.png) [@Dinsdale](https://boards.straightdope.com/u/Dinsdale)\ **Post date:** [October 2, 2008, 2:11pm UTC](https://boards.straightdope.com/t/bailout-passes-senate-74-25/466138/18 "2008-10-02T14:11:43Z")
> [@tdn](#): > > Amen. When people are losing their homes, it’s time to put partisan politics aside. Isn’t the issue that people will be losing their banks’ homes, that they should have known they couldn’t afford in the first place? Yeah - my problem with the bill that the House defeated on Monday was that it wasn’t costly enough. Needed to spew another hundred billion or so around … ---
**Author:** ![Harmonious\_Discord](https://avatars.discourse-cdn.com/v4/letter/h/74df32/32.png) [@Harmonious\_Discord](https://boards.straightdope.com/u/Harmonious_Discord)\ **Post date:** [October 2, 2008, 2:29pm UTC](https://boards.straightdope.com/t/bailout-passes-senate-74-25/466138/19 "2008-10-02T14:29:57Z")
> [@Muffin](#): > > Another victory for socialism. Not really. I don’t think everybody gets equal anything out of this. That would be true socialism. ---
**Author:** ![Really\_Not\_All\_That\_Bright](https://avatars.discourse-cdn.com/v4/letter/r/e8c25b/32.png) [@Really\_Not\_All\_That\_Bright](https://boards.straightdope.com/u/Really_Not_All_That_Bright)\ **Post date:** [October 2, 2008, 2:39pm UTC](https://boards.straightdope.com/t/bailout-passes-senate-74-25/466138/20 "2008-10-02T14:39:10Z")
> [@Muffin](#): > > Another victory for socialism. Oh god, no, not _socialism_. :rolleyes: I’m not a fan of the bailout as written either, but an injection of cash is required. [Next page](https://boards.straightdope.com/t/bailout-passes-senate-74-25/466138.md?page=2)