House and Senate negotiators from both parties said early Thursday that they had reached general agreement to move forward with the administration’s proposed $700 billion bailout of Wall Street to avoid a widespread economic collapse.

But Sen. Richard Shelby, the head of the Senate Banking Committee just emerged from a meeting at the White House and announced "there is no agreement".

This throws the first presidential debate tomorrow into question.

  • Charles

    Check my other post about why we are in the recession i spelled it out for you all in a couple of paragraphs and i got it all from GWbs speech he spoke the truth,

    as far as the bill s concerned i believe it should be pushed through this is a problem that will affect everyone big and small. And perhaps the credit system and lending system should be reevaluated. We will see how this goes.........

  • PAGESINADIARY

    YALL PLAY TO MANY GAMES

  • Sharonda

    We already in a collasped state so whatever they do, the shit isn't gonna work out in nobody's favor.

  • PAGESINADIARY

    THE BANK AINT GONE LOAN US SHYT ANYWAY. BAILOUT OR NOT

  • Sharonda

    ^ Thank you!They can keep that ish!Just another pay day for the CEOs.

  • missnee

    The debates need to go on. McCain needs to learn how to used a computer and e-mail and he could multi-task and keep up on the situation. He needs to be in Washington because...? This is a bunch of GOTDAMN BS

  • miamore73

    What yall need to do is make sure your money in the bank is safe and your 401k is safe. I heard Bush say that if this doesn't go through Millions of us will lose our jobs and our retirement plans.

  • TIGHT29

    miamore73 Says:

    What yall need to do is make sure your money in the bank is safe and your 401k is safe. I heard Bush say that if this doesn’t go through Millions of us will lose our jobs and our retirement plans.
    ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^

    It's times like this that I am happy that I work for a school district. The economy can suck, but schools won't shut down.

    With that being said, why can't the big oil companies that have generated billons of dollars of profit help out Wall Street? How can anyone justify taking from the poor and middle class to keep the wealthy wealthy? This is ri-damn-diculous!

  • karaz

    Charles is still here? I hope he took his meds.

    Anyways, McCain had better show up to that damn debate tomorrow! I mean for him to think he's captain save the economy makes me wonder why he doesn't trust his party members to do the work set before them?

  • starr

    Either way u look at it, its a lose lose situation. The bailout only delay the effect its going to have.......

  • Sharonda

    miamore73 Says:

    What yall need to do is make sure your money in the bank is safe and your 401k is safe. I heard Bush say that if this doesn’t go through Millions of us will lose our jobs and our retirement plans.

    ^And you know what?They know EXACTLY what they doing.They seen a downfall earlier this year, but refuse to do anything about it.I rather jump ship right now, this ish is ridiculous.But hey I don't know who's fault it is putting Bush back in the WH and Congress writing blank checks to that fool.There's too many factors of why the economy is collapsed and it has to be more than just the housing market.Somethings up.

  • karaz

    WaMu is gone. Dang :( I thought they'd waint until over the weekend.

    And Bush has the nerve to say we're not in a recession? And McCain thinks fundamentally it's a sound economy. Shoot bail out or not, this economy is going to need at least 10+ years to recover. And this fool wants to play games and pander to the fluff for brains supporters he has. Again people, get registered, get others registered, show up and exercise your right. Bush and his administration, basically screwed us in the back with no lube and he didn't even bother buying us a happy meal first; we don't need McCain coming in for seconds!

  • dj_dceezy

    Does this Charles guy CONTINUE to have the AUDACITY to spew this foolishness? OR! I think Charles is just a devil's advocate tryin to be funny... His name only pops up on government-related topics...

    Whatever universe you live in, where you can condone and even support Bush's policies, I wish I lived there too...

  • http://myspace.com/lorettadivine DivineBrown

    Ok...is there an agreement or not? We know now that there isn't. But, why would anything go up that says there is?

    WHAT KIND OF fU#KERY IS THAT?

  • Kymystry

    GOOD MORNING SR FAMILY...

    Hey Divine Sis !!

  • starr

    hell yea WAMU is gone. Dats one of my banks. I went der to check my acct., and it said welcome to jp morgan chase......lol Dis shyt is unbelievable....

  • flyqtnva

    I been watching this program on Youtube about the New World order and from the ways things are going looks like we are on our way. Just remember you heard it hear first.

  • flyqtnva

    And just because your money is in the bank doesnt mean its safe. You would be better off with it at home somewhere. Cause when it really hits the fan you wont even be able to get your money. It will be worthless. Wake up people.

  • karaz

    flyqtnva,

    So what happens if you're robbed or your house burns down? Or worse gets infested by bugs? Please people stop watching conspiracy theories, they apparently mess with your ability to think clearly. If it's less than $100K, its FDIC insured and you will get it all back.
    If you want to take your money ou of US banks, fine, but buy some gold bars or invest the money abroad. Regressing to the time when we hid money in mattresses makes you extremely vulnerable, and all you need is one attended candle to wipe away your savings.

  • http://myspace.com/lorettadivine DivineBrown

    Moe-nin Fam-laaaaay!!!

    Kym...Greetings and Salutations Sis!!!!!

    As far as my money goes...all my money is in my bra where it belongs. LMAO

  • starr

    ^^lmao!!!

  • Krysi J

    We're heading for Depression, forget Recession its obvious whats happening. They are going to break us with their selfishness...Bush did this, he caused all of this, the least he could do is admit it. Republicans are a disgrace to this country they don't care about anyone else but themselves and in their small little greedy minds selfishness is justified because they feel we are the cause for our shortcomings. THey say shyt like "their lazy they should get degrees and find a job like I did" How the hell a MF suppose to get a degree, paying 27,000 tuition, working partime for food and books and depending on public transportation to get them every place on time. Once a nicca graduate they are in at least $100,000 worth of debt and they can't even get hired for a job without experience!!! Not only that...YOU MF are fukking up the economy so bad their aren't any jobs to FIND!! Why can't they see how bad this shyt effects people...why are they so scandalous!! The working class are carrying these taxes and gas prices on their backs right now, and what?? The rich get a 700 million dollar bail out...I know it needs to be done, but its still fukked up!! What about the bail out people needed to keep the homes they probably paid on for 20 years before they started getting behind in payments...the BANK didn't hesitate to BAIL out and FORCLOSE on those people shyt! What about the people who have terminal illnesses and they can't afford treatment or insurance...why the fukk can't they get BAILED OUT!!...ya know what Im rambling.....so I'll shut up.

  • LovelyLady

    I'm to young for all this ish damn. I just started my damn 401K 3 years ago at 18 now they telling me i might lose it. Where da fluck is my money going? Someone help me out, I'm a lil young so reading yall comments help me understand a lil bit.

    But this damn debate better go on. Sarah Lying aint no Senator so ther's no need for he rto be in Washington, so why can't she go to the debate? Why are they tryna keep a muzzle on that "pitbull"?

  • Sharonda

    @ LL, if I was you I would cash that mofo in!If they not able to bail these people out, your hard working money would go to help the Wall Street foolishness.

    Nobody's money is safe.The banks are nothing, but crooks.When shit hits the fan they not there.I don't know how many times I heard, including from my professors, that banks are nothing, but bad business because they all owned anyways.If someone tells you to invest or put your money in the bank don't do it!Well at least in my opinion, but you know, in these trying times..uh uhhhhhhhhhh.

    Damn @ Wamu after those commercials about "free checks for life..." yep

  • flyqtnva

    karaz Says:

    flyqtnva,

    So what happens if you’re robbed or your house burns down? Or worse gets infested by bugs?
    @@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@
    Number 1 ANYONE WHO comes through my front door intending to hurt me, my children or remove anything from my home will be greeted with a 9 milli black and grey and aimed for their dome. #2 My house will never be infested by bugs. #3 Things happen.
    Maybe you should watch some of the shows you will learn a great deal about your president and what he has been doing with this country behind closed doors.

    BTW if money is worthless it doesnt matter where it is. And you are right on about the gold bars. I am also invested in OIL and TELECOMMUNICATION stocks, which happen to be doing well at the moment.
    love ya

  • flyqtnva

    Krysi J
    ***
    lets both make a run for the House of representatives, I like your point of view sometimes and the only way to change things is to stand up. Most repubs dont know whats it like to really be POOR thats why they dont understand.

  • flyqtnva

    Sharonda Says:

    @ LL, if I was you I would cash that mofo in!If they not able to bail these people out, your hard working money would go to help the Wall Street foolishness.

    Nobody’s money is safe.The banks are nothing, but crooks.When **** hits the fan they not there.I don’t know how many times I heard, including from my professors, that banks are nothing, but bad business because they all owned anyways.If someone tells you to invest or put your money in the bank don’t do it!Well at least in
    !!!!!!!!!!!!!!!!!!!!!!!!!!!!
    Youre right what some people fail to understand is THE FED, is not government ran it belongs to a certain group of familys and the RUN THE WORLD...check into it, ALAN GREENSPAN all of them look it up and inform yourselves they are leading us thier money and we will be indebt to them forever.

  • Krysi J

    flyqtnva Says:

    lets both make a run for the House of representatives, I like your point of view sometimes and the only way to change things is to stand up. Most repubs dont know whats it like to really be POOR thats why they dont understand.
    -----------------------------------------------------------

    I wish those MF would let me in the house of representatives....they would have my yard full of burning crosses by the time I got finished! I don't see why Donald Trump, and Bill Gates can't just bail out the rich MF who can't manage their money after voting for a SELFISH AZZ PRESIDENT who promised them riches and FUKKEd them over!!! Trump even has the nerve to endorse McCain...maybe somebody should deduct 700 million dollars from their accounts and show them exactly what it feels like to go through HARD TIMES. PUT UP ONE OF THOSE 700 MILLION DOLLAR PROPERTIES, and donate it to the economy!! WHEre is the patriotism?? Where is all this American love deez rich MF are suppose to have?? All of em need to be ashamed of themselves...you steal from the country, you scheme and kill innocent americans for territorial gain, you set the economy back 20 or 30 years, and you have the nerve to ASK FOR HELP FROM PEOPLE WHO HAVE ALREADY SUFFERED ENOUGH, losing family memebers to bullshyt terrorist attacks and WAR WITHOUT PURPOSE, people blowing their fukking brains out cuz they think their better off dead than to deal with all this shyt, people getting high off drugs prescription and street for relief, kids being denied better education because of this bullshyt economy, marriend women having abortions cuz their family can't afford another baby, people dying of AIDS and CANCER cuz they cant afford meds and treatment, people living on the streets and in shelters cuz they're homes are being auctioned off, Women and Men losing their minds and killing anybody they can get their hands on, MF have to think about if they have enough groceries to last them for the next 2 weeks, before they buy GAS, WTF!! Lord, help us all.

  • flyqtnva

    Krysi J
    Thats exactly why you need to run. The same people get re-elected to the house because no one opposses them. I'm 28 years old and guess what I believe its time for me to atleast try, I think I can win. Esp. if the only reason 90% of our Representatives are running unopposed. We have to shake things up. Its not gonna do us any good to complain. Rich white people have run this country into the ground, sold us off to the middle east and has us owning the FED trillions of dollars. Do you know thier are families in this world that can end poverty all the worlds problems but their greedy.

  • Sharonda

    If I was HOR ohhhhhhhhh they would hear it from me for real!!!Ish is utterly ridiculous.I touch out of topic, but oh well,Republicans, from my understanding, don't know what struggle means.Them silver-platter momofuckas don't associate with people who struggle.That's why I always believe "there is no progress without struggle." They don't know what that means!They don't think.They don't think rationally.They only think what's good for them and they money sitting in their account.Oh it won't bother them one bit, they just laughing at everyone.I wish they think we was born yesterday, but we all know whats going on.And the media is just adding fuel to the fire.I don't even really bother looking at them because they only report what they want and edit out the real information.They preach about this "American Dream," shhhhhh pleaseeeeeee!Them massas sure is having a nice day, eh???Slavery again?Possible.I want to jump ship, but foreign countries are effected to so everyone at the end loses, except for the massa of course.

    In Our Lifetime?

  • Kymystry

    TRUST ME WHEN I TELL YOU .. for the average maerican all it takes is ONE major unexpected finacial situation to send you into a tailspin. (i'm currently in a minor tailspin thanks to a family memeber) .. and Yes I DID cash out my meager 401k .. started the year with over 5k invested in 401k the stock market took more than 65% of that.. yes I said i had 5000.00 invested .. and the dips in the stock market since Jan has it down to about 1750.00 .. I I cashed it out for 2 reasons .. I needed it ... and I NEEDED it ..

    and no i don't have a sub-prime mortgage (charles tyd) so i didn't contribute to this mess ... I'm just soffering thru it.

    all I can do is what my Grandmother did ... keep saying .. OH BUT GOD ... even after all this foolishness .. OH BUT GOD and OH BUT FOR THE GRACE OF GOD .. he's kept me ...

  • flyqtnva

    We have to pray but we also have to stand up and speak out and organize like they did for us back in the days.
    Kymystry
    I was looking at my stocks this morning on fidelity and I was pondering taking mine out to. I really dont know what to do I nned the $ but at the same time if the market goes back up I will be one mad sista. I feel you.

  • Kymystry

    @ flyqt ..I'll reinvest in about feb-march... depending upon who's in office ...

  • terika83

    Obama WILL be there today so tune in Sandra as he makes your boy look like a CLOWN. I wouldn't be suprised if this was a Republican ploy to try to get it rescheduled so they could definitely buy more time for Palin. Bush risked our whole country's status just to get money for himself and his family...I wouldn't be suprised if he put this back a day for this reason alone.

  • Krysi J

    flyqtnva

    Thats exactly why you need to run. The same people get re-elected to the house because no one opposses them. I’m 28 years old and guess what I believe its time for me to atleast try, I think I can win. Esp. if the only reason 90% of our Representatives are running unopposed. We have to shake things up. Its not gonna do us any good to complain. Rich white people have run this country into the ground, sold us off to the middle east and has us owning the FED trillions of dollars. Do you know thier are families in this world that can end poverty all the worlds problems but their greedy.
    -----------------------------------------------------------

    Heck yea, I know its greedy, blood thirsty, low down dirty bastard azz families with more than enough money to solve these problems that won't and they're all REPUBLICANS!! I see these GOOD WYTE FOLKS round her with their MCCain shirts and buttons on, and their NOBAMA stickers on their pick up trucks and I have to stop myself from beating the SHYT out of em'. WHAT THE HELL IS WRONG WITH U PEOPLE...is racisim so consuming that you would risk you whole lifes work to keep a black man out of office!!!?? U STUPID, MFs!!! DAMN FOOLS....what the HELL IS BUSH DOING FOR YA NOW HUH??!! NOT A GOTDAMN THANG!! you can't even afford a REBEL flag less long afford to support ONE!!...oh Lord, there I go again....yall this conversation could go on forever, but the sad part is we're not even in control of whats in store for us, this is the worst feeling in the world.

  • flyqtnva

    Krysi J Says:

    I see these GOOD WYTE FOLKS round her with their MCCain shirts and buttons on, and their NOBAMA stickers on their pick up trucks and I have to stop myself from beating the SHYT out of em’.

    ME TOO..Your to funny, what really gets under my skin is the people with the confederate flags on their car or at their house.

  • dj_dceezy

    PLEASE BLACK people take your life savings outta banks and put it in the mattress, so all the young jack boyz can come hit a lick on yall asses! SOme people are so dumb!

  • Krysi J

    You know what flyqtnva, I don't even think the flags bother me as much as the Mccain/Palin stickers do now!! I seriously have to stop myself from pulling these MF by the arm and saying to them..."SO you mean to tell me, DAMN the fact that you old as hell and may not recieve medicare coverage for your last dying days, DAMN your grandchildren's trust funds and retirement money for their futures, DAMN your house that ain been paid off yet, DAMN investments, DAMN groceries, DAMN gas, and toilet paper to wipe your ass with!!!...VOTE MCCAIN??!!" I JUST WANT TO SHAKE THE SHYT OUT OF EM'.......ARE U MFs CRAZY!??

  • flyqtnva

    i'm in agreement, cant wait to hear what you think about the debate tonight.
    And to dj_dceezy: you ever heard of a security system or a gun, and I dont live in the hood the only people robbing me is whitey.