FACTBOX: Outline of U.S. Congress' draft bailout plan

News Type: Event — Seeded on Sun Sep 28, 2008 2:36 PM EDT

Article Source: Reuters

world-news, wall-street, bailout, reuters, pelosi, treasury, paulson, treasury-bailout

(Reuters) - U.S. lawmakers pressed forward on Saturday with talks over a proposed massive financial system bailout, hoping to nail down an agreement by Sunday. The Bush administration last week asked Congress to give the Treasury secretary authority...

Published to:

jfxgillis's Column, All of Newsvine
Groups: Communists, Das Krapital, DemGuys, Down With Tin Horn Dictators, Fascists, Left of Center, NYTimes Forums Refugees, Open Source Intelligence, Political Analysis, rationalists, Tricuspidata, US News and Views
Regions: none

What's this?

Who's leading the conversation?

This visualization below allows you to see the impact that each user has on the current conversation. The top row contains the group of users who have had the most impact, the 2nd row the group of users who have had the 2nd most impact (et cetera). Users with similar impact are grouped together, and the average score of the group is shown to the left of the group. The author of the article is also shown on the left, in their corresponding group. Each user's score is based on the number of comments the user has made plus the number of votes their comments have received. The scores are calculated relative one another, so while their absolute value is not particularly important, their relative difference does indicate a larger difference in impact on the conversation.

5.2

{"commentId":3187034,"authorDomain":"jfxgillis"}

jfxgillis

Let's argue about the facts.

{"commentId":3187034,"threadId":"371453","contentId":"1925803","authorDomain":"jfxgillis"}

2 votes

#1 - Sun Sep 28, 2008 2:36 PM EDT

{"commentId":3199203,"authorDomain":"neoconstant"}

E.D.Kain

Foreclosure mitigation for Americans at risk of losing home. However, a provision House Democrats had sought to help save homes in bankruptcy proceedings has been dropped.

I would have liked to see a stronger "bottom-up" policy in this bailout, and while I'm glad there was some mention of "mitigation" at least, I think that the real solution to this problem could be seen through reasonable restructuring of debt/interest and so forth on these subprime mortgages. If interest rates moved too high for these people to make payments, I would think one fix might be to lower those interest rates to a reasonable level again....

{"commentId":3199203,"threadId":"371453","contentId":"1925803","authorDomain":"neoconstant"}

4 votes

#1.1 - Mon Sep 29, 2008 10:33 AM EDT

{"commentId":3189262,"authorDomain":"lnab"}

lnab

be very, very afraid of what comes out of the congress

http://www.youtube.com/user/Flineo

without serious oversight and regulation and the REMOVAL of pork provisions inserted by Democratic leadership... this bail out will fail and only put us further in the hole

{"commentId":3189262,"threadId":"371453","contentId":"1925803","authorDomain":"lnab"}

2 votes

#2 - Sun Sep 28, 2008 5:22 PM EDT

{"commentId":3189977,"authorDomain":"lnab"}

lnab

www.financialservices.house.gov

servers are swamped though

{"commentId":3189977,"threadId":"371453","contentId":"1925803","authorDomain":"lnab"}

1 vote

#3 - Sun Sep 28, 2008 6:25 PM EDT

{"commentId":3190056,"authorDomain":"lnab"}

lnab

http://i.cdn.turner.com/cnn/2008/images/09/28/ayo08c04_xml.pdf

{"commentId":3190056,"threadId":"371453","contentId":"1925803","authorDomain":"lnab"}

1 vote

#4 - Sun Sep 28, 2008 6:33 PM EDT

{"canLink":false,"threadId":"371453","isPrivate":false}

JFXGILLIS

Backyard

FACTBOX: Outline of U.S. Congress' draft bailout plan

Published to:

FUN STUFF:

COMPANY STUFF:

LEGAL STUFF: