House votes down massive bailout measure

Seeded on Mon Sep 29, 2008 3:34 PM EDT (msnbc.com)

The House on Monday defeated a $700 billion emergency rescue for the nation's financial system, ignoring urgent warnings from President Bush and congressional leaders of both parties that the economy could nosedive into recession without it.

business, white-house, house, government, bailout, enforcement, msnbci, economy-in-turmoil

Latest Comments

Does it feel to you like the recession has ended?
Mon Sep 20, 2010
- it's getting worse...who are they kidding??
Report: AIG CEO ready to quit over pay limits
Wed Nov 11, 2009
- Please leave yesterday already!!!
Economy seen back on its feet, but wobbly
Thu Oct 29, 2009
- just more "smoke and mirrors"...wake up folks! The day of reckoning will come soon.
To shrink the current record federal budget deficits, what would you cut?
Wed Jun 3, 2009
- Cut the healthcare benefits of all governement workers (including the Congress) and let them go find coverage on their own...then they will see first hand how expensive and difficult it is dealing with our current insurance system.
Ex-AIG head denies he started exec bonuses
Fri Mar 20, 2009
- Obama stepped into this Bush mess so we need to give him a break.
Can we bail out of the bailouts?
Thu Mar 19, 2009
- The Fed and Treasury Dept were cautioning of doom and gloom late last year when they held a gun to Congress' head to pass the 1st TARP. Now, we know that was all a bunch of bunk, so I don't believe any govn't or financial reports anymore.
Citigroup CEO says bank operating at a profit
Tue Mar 10, 2009
- Let's ask the CEO when we can get our money back if things are so rosey??
Will health care reform really happen?
Thu Mar 5, 2009
- People have tried to scare us when we compare the nationalized health care systems of Sweden or Finland. Let me tell you that these 2 systems work very well!!Everyone is covered and the cost per person is a fraction of our terrible current US system.
Report: AIG bailout to add on billions more
Sun Mar 1, 2009
- Wouldn't 51% of this loser be enough for control? 80% of worthless junk is a shame and waste for us taxpayers!
AIG seeking more U.S. funding, sources say
Mon Feb 23, 2009
- AIG probably underwrites the pension & benefits funds of the US Government, Auto Industry, and their own retired. Now I see why we need to print some more money for them!

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