Relevant:
- H.R. 3221 On Its Way For President's Signature
- GOP Debt Ceiling Gambit May Lead to Year-Long Battle
- House passes sweeping tax bill; Teeing Senate Up For Battle
- Paulson Threatened Great Depression, Food Riots To Get Bailout Bill Passed
- BREAKING NEWS: HAWAII PASSES SB 651 -- NATION'S TOUGHEST FORECLOSURE BILL
2008-07-23 — denninger.net
... apparently, last night, The US House and Senate reached at least a "soft" agreement on the Housing Bailout Bill, aka HR 3221. THIS BILL MUST NOT PASS.
If this is allowed to happen, the US will have passed a point of no return along the road of illegitimate debt and taxpayer austerity, Argentine-style. We are heartbroken to see it happen here.
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