Oct 2, 2008

The Daily Buzz - The Wall Street Bailout Bill Has Gone From 3 Pages To 451 Pages

-The Wall Street bailout bill has gone from 3 pages to about a hundred pages to 451 pages, and it is now absolutely dripping with earmarks and other pork.

-Senator Richard Shelby has said this in criticism of the bailout bill: “The choice we faced was between pursuing an informed response, or panic. I think we chose panic.”

-Now that the Senate has passed the bailout bill, the House is expected to vote on it on Friday.

-Middle Americans are uniting against the Wall Street bailout.

-The United States has already lost 605,000 jobs this year.

-Vladimir Putin said Wednesday that U.S. "irresponsibility" led to this global financial crisis.

-House prices in the U.K. are falling at the fastest annual rate on record.

-Meanwhile, more Americans than ever are stocking up on essentials and are preparing for a financial apocalypse.

-Some of the biggest "megachurches" in America are losing members.

-At least housing is more affordable now. With a winning bid of just $1.75, a Chicago woman has won an auction for an abandoned home in Saginaw, Michigan.

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