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Senate approves small business aid

By Brady Dennis

The Senate on Thursday passed a long-stalled bill aimed at providing the nation's small businesses easier access to credit, the latest effort to create jobs and boost the struggling economy.

The 61-38 vote came just after noon, with two Republicans joining the Democratic majority to give President Obama a legislative victory he has been pursuing for months.

"This bill takes [the] credit crunch head on and helps small businesses access the capital they need through targeted tax cuts, robust incentives for investment and support for entrepreneurship," said Senate Finance Committee chairman Max Baucus (D-Mont.), saying the measure would help "get Americans back to work."

Because a key element of the bill would distribute billions to community banks in a position to lend to small businesses, Republican opponents of the bill called it little more than a veiled version of the government's widely criticized bank bailout fund, known as the Troubled Assets Relief Program.

"It had the mini-TARP in there, with no real help to small businesses, as far as I'm concerned," said Sen. Orrin Hatch (R-Utah), who voted against the bill.

The aid package passed Thursday includes about $12 billion in tax relief for small businesses, as well as a $30 billion lending fund that will be administered by the Treasury Department. Those funds would go to qualified small banks that promise to extend new loans to small businesses, many of whom have had trouble getting loans in the wake of the financial crisis.

As the economic recovery has slowed and enthusiasm for more aggressive stimulus measures has all but evaporated in Congress, the relatively modest small business bill became a growing focus for the administration and Democratic lawmakers. The president in recent weeks repeatedly implored Senate Republicans to abandon their "blockade" of the legislation.

The deadlock over the bill broke recently when Sen. George Voinovich (R-Ohio) said he would join Democrats in helping push the legislation through the Senate because the economy was "really hurting." He and fellow Republican George LeMieux (R-Fla.) earlier this week gave Democrats the votes they needed to overcome the threat of a filibuster. Both men also voted for final passage of the bill on Thursday.

"It's the right thing to do," LeMieux said after the vote. "I don't think it's a panacea, but it will help."

Senate Majority Leader Harry Reid (D-Nev.) has called the legislation the most significant legislative effort to aid the economy since the $800 billion stimulus measure Congress passed in February 2009.

He and other Democrats have estimated the new legislation could create as many as 700,000 new jobs. Critics have dismissed that figure, noting that increased access to loans won't cure the most central problem preventing many small businesses from hiring and expanding: a lack of consumer demand.

Thursday's successful Senate vote now sends the legislation back to the House, which already passed a similar measure and is expected to promptly approve the Senate version sometime next week.

Update, 3:50 p.m.:

Voinovich said he supported the bill because of the many calls of support from small and medium manufacturers in Ohio. Still, he blamed Democrats for stalling the bill, ignoring "legitimate complaints" about the lack of GOP amendments and holding "political votes" on a number of issues. He accused President Obama of politicizing the legislation, even as Democrats had put the bill on hold for weeks to
deal with other issues.

Even so, Voinovich said in a Senate floor statement, "I felt we could no longer wait to pass this legislation. We needed to do something now to help the economy get going."

By Brady Dennis  |  September 16, 2010; 3:50 PM ET
Categories:  Congress , Small business  
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Next: Economic agenda: Friday, Sept. 17, 2010

Comments

Does this mean that our government is going to help even more of those Indian job shops, those thousands of "startups" that have put tens of thousands of our own hi-tech professional out of work, and funnel ever more jobs offshore? What a mess! Can't Washington do ANYTHING right! All we really need are t]high trade tariffs on imports and a flat and immediate end to the H1-B, L-1, and similar guest worker visas. End the Free Trade experiment, we have suffered enough.

Posted by: mibrooks27 | September 16, 2010 1:45 PM | Report abuse

Still no customers will be walking through the doors. The legislation continues to be all a$$backwards.

Posted by: hz9604 | September 16, 2010 1:55 PM | Report abuse

Trade tariffs? Oh, you mean TAXES, right? LOL Everything can be solved by adding taxes here and there. Blah blah blah. Congress did the right thing, this time. What's telling is how the Dems got this one through - with the help of two retiring Republicans. That just goes to show you that the only time Republicans care about the people is when they don't care about their jobs in Washington, anymore.

Posted by: fbutler1 | September 16, 2010 1:58 PM | Report abuse

The aid package passed Thursday includes about $12 billion in tax relief for small businesses, as well as a $30 billion lending fund that will be administered by the Treasury Department. Those funds would go to qualified small banks that promise to extend new loans to small businesses, many of whom have had trouble getting loans in the wake of the financial crisis.

"There are many good things in this bill, but I believe it could have been better," said Sen. Charles Grassley, R-Iowa. "Unfortunately, the Democratic leadership has been more interested in scoring political points than actually providing relief to small business."

Speaking of "political points" Grassley voted AGAINST the bill.

Posted by: timothy2me | September 16, 2010 1:59 PM | Report abuse

Hey, get this... people will start shopping more when they have more money, and they'll have more money with a job or a better-paying job. Most small businesses that are successful cater to a need in the community or region - that is, something that already has demand that isn't being adequately supplied. So, businesses that have been seeking loans or start-ups that have been seeking loans will now have access and can then hire more people and keep the ones that already have while things return to "normal". America won't be in "Save Mode", forever. It's a consumer society, and it's been that way for a long, long time. Things are great for rich people. The middle class is looking to get back to where it was, and you see that with new car purchases being up this year.

You can't pass a law that makes it mandatory for people to shop (although with the healthcare bill, they did make it necessary to shop for health insurance; similar to states making auto insurance mandatory).

Posted by: fbutler1 | September 16, 2010 2:06 PM | Report abuse

"He and other Democrats have estimated the new legislation could create as many as 700,000 new jobs. Critics have dismissed that figure, noting that increased access to loans won't cure the most central problem preventing many small businesses from hiring and expanding: a lack of consumer demand."

Lack of consumer demand? Republican solution? Supply side tax cuts of course. And while they are at it why don't republicans see if they can damage consumer confidence some more.

Posted by: timothy2me | September 16, 2010 2:08 PM | Report abuse

Duh. A drop in the bucket. China's state run businesses still out-comepete US. The Free Market Model the US has simply cannot compete with the Chinese.

Until the US adopts a more quasi-government/private business attitude its downhill for the US. China will simply squash the US.

Posted by: Maddogg | September 16, 2010 2:11 PM | Report abuse

fbutler1 - Oh, a spin doctor! Trade tariffs were put in place by the Founding Fathers of this country. In repeated warnings, we were told to keep them in place to guard against the destruction of our manufacturing base, the loss of jobs, and the dismantling of the Republic. You silly fools went right ahead and did it. The result has been 45 MILLION outsourced jobs, the loss of our nations wealth, and real unemployment levels of 23%. A trade tariff is NOT a tax. It is the means by which rational societies protect their citizens' jobs and their whole infrastructure.

It might note, to, that it is only the Neoconservative branch of the Republican Party and virtually the whole Democratic Party, together with their greedy Wall Street and corporate bosses, that doesn't actively advocate for trade tariffs. If those tariffs are made high enough, we can starve Chinese and Indian junk of our store shelves and spark the creation of thousands of small US companies employing US citizens to supply those goods and services! Your fuzzy minded one world new world order, your "global economy" is simply Marxism dressed up in a business suit and sold by K-Street snake oil salesmen. It has nearly wrecked this country. You, sir, are a traitor.

Posted by: mibrooks27 | September 16, 2010 2:12 PM | Report abuse

More spending and more Stimulus

Obama is now submitting traditional Republican ideas.............to get more spending

Then he will NOT extend the Bush tax cuts to the earners of $250K ......which is mostly Small business owners.

Help on one hand........and hurt on the other hand.

Obama and his Party have no clue on how to run the largest enterprise in the world, the US economy........

Posted by: allenridge | September 16, 2010 2:27 PM | Report abuse

So 38 Republican Senators are anti-small business. The only businesses they are pro are the large businesses that can afford large campaign contributions and other forms of bribery.

Posted by: Anonymous | September 16, 2010 2:30 PM | Report abuse

'So 38 Republican Senators are anti-small business. The only businesses they are pro are the large businesses that can afford large campaign contributions and other forms of bribery.'

And to invest in businesses abroad and to outsource jobs to China.

Posted by: jimsillan | September 16, 2010 2:33 PM | Report abuse

Anonymous - And note, those large businesses, all of them multinational corporations, are net outsourcers of jobs. The engine of job creation in this country are small businesses and those can only grow behind tariff walls. We simply do not need government programs, grants, special tax breaks, or any of the other nonsense BOTH parties advocate. High trade tariffs would provide revenues with which to pay off the federal debt. High trade tariffs would strangle the profits of those multinationals that make their goods offshore and import them with impunity. High tariffs, especially if we taxed multinationals on their world wide income, would encourage the growth of thousands of new small businesses that would make those goods and services and employ our citizens. That is what 84% of voters have been demanding for the past several years. Make it political suicide for ANY politician to thwart the people's will any longer.

Posted by: mibrooks27 | September 16, 2010 2:42 PM | Report abuse

This bill is another Democratic joke on America.


Posted by: Jerzy | September 16, 2010 2:45 PM | Report abuse

Mibrooks27 must be a lot of pains! Pathetic!! Over Republican obstructions, Mr. Obama has just passed a great jobs bill (The aid package includes $12 billion in tax relief for American small businesses, $30 billion lending fund to American small banks that promise to extend new loans to American small businesses, many of whom have had trouble getting loans in the wake of the financial crisis).
Yet, somehow, Mibrooks27 had to vent the frustration of his pathetic life. Grow up my fellow Americans...the world has changed. We're still Number 1 in the world but we are no longer the dominant player. You twangy-twangy tobacco chewing Appallachian neaderthals should realize that blaming WASHINGTON for everything that's wrong in your life is NOT a policy.

Posted by: Anonymous | September 16, 2010 2:50 PM | Report abuse

Since this is about political economy. Let's talk our stimulus money.

http://www.nytimes.com/2010/04/08/business/global/08rail.html

China Is Eager to Bring High-Speed Rail Expertise to the U.S.
By KEITH BRADSHER
Published: April 7, 2010

BEIJING — Nearly 150 years after American railroads brought in thousands of Chinese laborers to build rail lines across the West, China is poised once again to play a role in American rail construction. But this time, it would be an entirely different role: supplying the technology, equipment and engineers to build high-speed rail lines.
----------------------------------------

Arnold has gone to China to scout for good deals for Californian high speed rail.

Perhaps many people don't understand the purpose of stimulus money for any economy and Arnold is one of them. I like the man by the way. Taxpayers spend the money in order to stimulate the American economy, not a foreign economy.

We want to create jobs in the process, not just to have the high speed railways built by foreign governments or contractors.

We should use rebuilding our infrastructure as opportunities to train young engineers, project managers and stimulate our brains, who will probably move on to other sectors of our economy after the constructions. Because the Chinese government is smart enough to build their high speed rails themselves, they now have the capability to export such a technology to other countries. They spend their money, which was our money from trade surplus, to build their railways, and now they want more of our money and take our opportunity to stimulate our economy away.

Please do not look at the costs of our infrastructure alone. We need to nurture and invest in our future, which we cannot just buy from a foreign government with more borrowed treasury bills. Otherwise, the high speed rails at lower costs will be mostly used to distribute more imports faster and not much else.

Building the infrastructure for the country you want to exploit still works. Unfortunately, we have become a third world country to be exploited, IF we don't think long-term.

We must use our own people and technologies to build our own high speed railways around the country and stimulate our education and motivate our younger generations.

Infrastructure is also critical for National Defense. Why would we want to trust any foreign country to build our infrastructure? I hope Arnold and all other governors can think twice about your infrastructure projects.

Posted by: Anonymous | September 16, 2010 2:53 PM | Report abuse

Why I'm a former repuglican and now a Democrat...

Posted by: angriestdogintheworld1 | September 16, 2010 3:03 PM | Report abuse

You have to spend money to make money. If you do nothing, expect nothing. If you own a store and you sell your inventory, unless you replenish the shelves, you'll go out of business. Republicans claim to be business men yet fail to understand basic business.

Posted by: blarsen1 | September 16, 2010 3:04 PM | Report abuse

mibrooks27 @ September 16, 2010 1:45 PM &
hz9604 @ September 16, 2010 1:55 PM:

mibrooks27 wrote "Does this mean that our government is going to help even more of those Indian job shops ...": Where do you get this nonsense?

hz9604 wrote "Still no customers will be walking through the doors. The legislation continues to be all a$$backwards.": So you want the government to mandate shopping and spending levels?

Posted by: AMviennaVA | September 16, 2010 3:18 PM | Report abuse

That is a plus for my neck of the woods.
Yay.

Posted by: bertzel | September 16, 2010 3:21 PM | Report abuse

Anonymous @ September 16, 2010 2:30 PM wrote "So 38 Republican Senators are anti-small business. The only businesses they are pro are the large businesses that can afford large campaign contributions and other forms of bribery."

My favorite is today's news item about FedEx: they reported record profits, and will lay-off 1700 (from a domestic division that is no sufficiently profitable).

Posted by: AMviennaVA | September 16, 2010 3:21 PM | Report abuse

And Republican solutions to fixing the economy?

Oh yea, extend the Bush tax cuts indefinitely.

That's what will fix the economy from what dubya described as 'on the verge of collapse' not two years ago.

The Stimulus should have been 1.2 trillion. Then unemployment would have turned around. As it is, it saved the country from an all-out Depression.

Conservatives offer nothing.

Posted by: jimsillan | September 16, 2010 3:22 PM | Report abuse

All for political show! Small businesses will only start hiring and grow their businesses when they have certainty about the economy, healthcare and taxes. Why borrow when they can't sell their product?

Posted by: Anonymous | September 16, 2010 3:30 PM | Report abuse

It might note, to, that it is only the Neoconservative branch of the Republican Party and virtually the whole Democratic Party, together with their greedy Wall Street and corporate bosses, that doesn't actively advocate for trade tariffs.
""""""""""""""""""""""""""""""""""""""""""

Please name even THREE republicas that support trade barriers? I can name a ton of Democrats that support FAIR Trade but not even ONE republican that does. Get your parties straigh Tea Bagger. Bush said outsourcing American jobs was a GOOD thing. You are backing the wrong team.
Republicasn LOVE free trade its only a few democrats that even TRY yo promote fair trade.

http://fixco1.com/bushoutsourcing.html

Posted by: lord166 | September 16, 2010 3:40 PM | Report abuse

Good job.
Kudos to the Prez. the Democrats, Voinovich, and LeMieux.
The rest of the Republicans in congress can F-off and die.

Posted by: strictly_liberal | September 16, 2010 3:41 PM | Report abuse

Lies, Lies & Lies

I am a former Obama supporter (both financial and voting) and a Small Business Owner. We do Federal Contracting and I can tell you that the President is clearly and undeniably lying.

In February 2008 Candidate Obama saw and recognized the problem when he stated:
"I am proud to have the support of the American Small Business League and their grassroots efforts to help protect American small business. Helping American small business is part of our movement for change and the end of politics as usual," Sen. Obama said. "98 percent of all American companies have fewer than 100 employees. Over half of all Americans work for a small business. Small businesses are the backbone of our nation's economy and we must protect this great resource. It is time to end the diversion of federal small business contracts to corporate giants."

Today in 2010 President Obama has forgotten the issue and the solution. He now says “There’s No Silver Bullet” - Yeah something is broken in Washington – It’ President Obama’s Word.

The Obama administration needs to stop diverting federal contracts from Small Businesses, Minority-owned businesses and Veteran-owned Businesses to large federal contractors.

Posted by: question-guy | September 16, 2010 3:46 PM | Report abuse

But, Why is The Anti-Christ Obama Destroying America. If you truly want to know what is going on; Then you will have to accept these things as the TRUTH. Once you understand the following things; All things will be understood. So I tell you Obama is Satan on Earth, Lawless One, or what ever else you want to call this Demonic Figure. His words describe him, He is a False Hope, If you listen to him you will love him. He carries a Bow without an Arrow. He will conquer all through his speech, his false hoods will capture all who sit and listen to him.
2 Thessalonians 2:11-12
11And for this reason God will send them strong delusion, that they should believe the lie, 12 that they all may be condemned who did not believe the truth but had pleasure in unrighteousness.

Posted by: makom | September 16, 2010 3:48 PM | Report abuse

lord166 - Easy! Ron Paul, Bachmann, anyone in the Tea Party movement, they all support trade tariffs. ANd trade tariffs are not "trade barriers". They are walls that guard domestic jobs and factories. The results of competing against managed economies like CHina, where the total labor cost is $0.91 an hour on average, and even less in India and Vietnam, has been the complete destruction of our own economy. When this country was founded, the East India Company, used cheap labor sources in a similar manner and caused a major depression that led to the Revolutionary War. The demand for trade tariffs was one of the primary reason for that revolt. The removal of them *caused* the current depression, too. We had a similar experience back in 1893 and William McKinley and his Treasury Secretary Gate, enacted trade tariffs across the board when they came into office in 1896. That end the Panic of 1893 in 12 months. Unemployment fell from over 20% to 5% and the economy took off. Free traitors have caused every single depression this country has ever experienced and trade tariffs have been used to correct their mistake. No nation has ever built a first world economy except behind tariff walls and no country, in all of history, has ever survived the dismantling of those walls.

Posted by: mibrooks27 | September 16, 2010 3:54 PM | Report abuse

The Democrats are economically challenged.
This is voodoo economics that will produce ZERO jobs!

Obama and the Democrats pass a 30 billion bailout for small businesses but in the process handcuff the handout with big government rules for any business that wants to claim it.

In addition, this mini bailout is as NOTHING compared to the cost of Obamacare to small businesses.
It is as NOTHING compared to the tax raises that Obama and the Democrats want to inflict on small businesses by raising taxes on everyone who makes more than $250,000.
Almost HALF of all small businesses make more than figure and will lose money with Obama's tax raise plans.
They WON'T be hiring after that!

Again, this mini bailout is voodoo economics
It will create ZERO jobs and in fact jobs will be lost due to the costs of Obamacare and the tax raise that Obama and the Democrats are planning for small businesses.

Obama couldn't run a beer stand if they were giving away free beer.

Posted by: Anonymous | September 16, 2010 3:59 PM | Report abuse

Time to get rid of these republicans...

btw, if the GOP NEEDS 79 SEATS TO take the house back...why do we have polls showing DEMS HOLDING ONTO 55 OF THOSE SEATS????

Clearly, even Nora O'Donnell and the rest of those idiots on MSNBC needs to quit perdicting false prophecy!

COULD SOMEONE PLEASE TEACH MSNBC HOW TO COUNT

THEY KEEP SAYING GOP NEEDS 39 SEATS TO WIN MAJORITY...NO ELECTIONS TOOK PLACE...AND LAST I CHECKED DEMS HAS A 79 SEAT ADVANTAGE

GOP NEEDS 79 SEATS TO WIN BACK THE HOUSE
DEMS SEEM TO BE SAFE WITH 55 OF THOSE SEATS

Posted by: danders5000 | September 16, 2010 4:20 PM | Report abuse

I don't find a single comment here saying anything at all about the bill that passed today. It looks like a glob of gasbags.

Posted by: Anonymous | September 16, 2010 4:24 PM | Report abuse

Pro Business Republicans ???

NO

it is Pro Handout Campaign Contributions Republican Party.

Pro Poverty Republicans
Plop and Drop Republicans
Party of No Republicans
Tea Party Republicans - the party of Vacuum

ISA


Posted by: vettesport | September 16, 2010 4:34 PM | Report abuse

It seems to me that wage expenses are the type of expenses that a sole proprietor or incorporated small business would be able to subtract from the portion of income subject to taxation. Why, therefore, is failing to reduce taxes for families making more than $250K per year going to hurt small businesses and keep them from hiring?

Posted by: daubry | September 16, 2010 4:47 PM | Report abuse

Naturally the Republicans are against this, the only item on their agenda is Bush's leftover economic snake oil:


Republicans introduce “Kill the economy” plan

Congressional Republicans unveiled a plan on Monday that they said would hurt the nation’s economy, benefit the wealthy at the expense of the middle class and add billions to the national debt.

The move is a continuation of Republican policies during the Bush administration and part of a plan they hope will lead to rising voter dissatisfaction and Republican gains at the ballot box.

“Remember how we racked up huge deficits during the Bush years, gave billions to the wealthy and let the middle class fall behind? Well, you ain’t seen nothin’ yet,” House Minority Leader John Boehner (R- Ohio) said. “We’re going to drive those unemployment and deficit numbers up so high that the American people will be voting Republican until they realize we screwed them over once again.” (continued….)

http://www.thechicagodope.com/2010/08/16/republicans-introduce-%e2%80%9ckill-the-economy-plan%e2%80%9d/

Posted by: Mikeystyle | September 16, 2010 4:51 PM | Report abuse

Better late then never. Some things are starting to sink in with Obama and the Democrats. Capitalism works. What a bitter pill to swallow.

Posted by: houstonian | September 16, 2010 4:55 PM | Report abuse

Yet another bill written by the Obama administration and passed by the Dems in the Senate that will do absolutely nothing to help the economy. Pretty soon they are going to be passing bills mandating all employees wear red hats on every third Wednesday of the month because a bill like that would do about as much to help the economy as this small business bill that just passed.

Posted by: Bob65 | September 16, 2010 5:32 PM | Report abuse

allenridge "More spending and more Stimulus"

Redundant

"Obama is now submitting traditional Republican ideas.............to get more spending"

Huh? Trickle down?

Then he will NOT extend the Bush tax cuts to the earners of $250K ......which is mostly Small business owners.

No, small business owners are not "mostly"

Help on one hand........and hurt on the other hand.

Obama and his Party have no clue on how to run the largest enterprise in the world, the US economy........

Political parties don't run economies.

Posted by: timothy2me | September 16, 2010 5:36 PM | Report abuse

Where are all those REPUBLICAN poster bashing OBAMA, NOW!!! Yeah, they see primaries was purge republicans. God say a silent tongue is one of the wisest move to make. The Dems were on the sidelines watching how stupid the repubs shout ignorance.

If a republican (like Brown in Mass.) have common sense, I can support him. He didn't step up this time maybe he was paid handsomely under the republican table to not vote yes.

Posted by: Anonymous | September 16, 2010 5:50 PM | Report abuse

ONLY TWO REPUBLICANS JOINED???

Geez! But I am sure that other 38 would join in if Obama was little more closer to republican deffinition of small business; THOSE THAT MAKE PROFITS OF $500M to several Billion. They would for sure join with their votes.
Sen. LeMieux and Sen. Vojnovich, THANK YOU FOR BEING REAL REPUBLICANS, those others are real RINOs and they can't speak for themselves or for the party.

Posted by: BOBSTERII | September 16, 2010 5:53 PM | Report abuse

Anyone know the bill number? If anyone at the Post is paying attention, that sort of thing is helpful. Or a link to the bill at Thomas so that I can see for myself rather than relying on your interpretation of what's worth my knowing.

Posted by: conlakappa1 | September 16, 2010 6:20 PM | Report abuse

A backwards "solution". You do not foster economic growth by giving business money. Economic growth comes from consumers buying. Let the consumers "vote" with their $$$ for what products should be produced.

Posted by: Anonymous | September 16, 2010 6:30 PM | Report abuse

Disgusting but expected that only 2 Republicans will support the American small business person. The GOP is wallowing in a cesspool of anti-Black-Guy-in-the-White House unAmericanism.

An Independent

Posted by: aeaustin | September 16, 2010 6:51 PM | Report abuse

Two Republican senators vote to support small businesses in tough times! Two! The not-so-grand, decrepit party really does want to see our nation fail while Obama is president. The more honest among them admit it. Yet they tell us they're true patriots. How the bush does that compute? Somebody, anybody, explain it to me.

Posted by: jimsteinberg1 | September 16, 2010 7:09 PM | Report abuse

But, Why is The Anti-Christ Obama Destroying America. If you truly want to know what is going on; Then you will have to accept these things as the TRUTH. Once you understand the following things; All things will be understood. So I tell you Obama is Satan on Earth, Lawless One, or what ever else you want to call this Demonic Figure. His words describe him, He is a False Hope, If you listen to him you will love him. He carries a Bow without an Arrow. He will conquer all through his speech, his false hoods will capture all who sit and listen to him.
2 Thessalonians 2:11-12
11And for this reason God will send them strong delusion, that they should believe the lie, 12 that they all may be condemned who did not believe the truth but had pleasure in unrighteousness.

Posted by: makom | September 16, 2010 7:17 PM | Report abuse

We need to watch Macom, ranting above, very carefully. We need the FBI on him. He's dangerously unhinged.

Posted by: jimsteinberg1 | September 16, 2010 7:25 PM | Report abuse

TO: hz9604 who wrote:
“Still no customers will be walking through the doors.
The legislation continues to be all a$$backwards.”

^^^^^^^^^^^^^

What a very brash and hateful thing to say.

How can you wish for failure and harm to come to America, and still call yourself an American?


Posted by: lindalovejones | September 16, 2010 7:32 PM | Report abuse


it's about time !

Posted by: Anonymous | September 16, 2010 7:54 PM | Report abuse

ooopss.....

it's about time !!!!

Posted by: TheBabeNemo | September 16, 2010 7:56 PM | Report abuse

HOW EMBARRASSING 'SENATE'! -- YOU think WE are that STUPID as to not remember that it was YOU,-- that GAVE Over $3-TRILLION to the $BNKster Criminals whom Economically RAPED Our' Graet REPUBLIC!! --- And then You Morons in CONGRESS even consider givnga MEASILLY Lttle 30-billion! -- Are YOU INSANE CONGRESS? -- 30-billion compared to $3,000,000,000,000 is Equal to 1% - or 1/100th!! --- CONGRESS Is SICK & DISCUSTING!! -- Only a total Moron would think this is Fair, Just, or Patriotic!! --- ALL in Congress whom was involved with this TRAITOR $BAIL-OUT should be Prosecuted & Sentenced fOR treason!! --- OUR' Founders would Demand the "FIRING SQUAD" immediately!!!

Posted by: jward52 | September 16, 2010 8:43 PM | Report abuse

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