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Bailout denounced as it passes Congress
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10-5-2008 3:05 AM
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/bf8cb150-ff1a-4b4e-89bc-9a83d38ab087/3AF9ADB8-E1AC-4DE4-9614-76DA90FFA91D/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://therealnews.com/t/index.php?option=com_content&task=view&id=31&Itemid=74&jumival=2492&updaterx=2008-10-05+00%3A35%3A40" href="http://therealnews.com/t/index.php?option=com_content&task=view&id=31&Itemid=74&jumival=2492&updaterx=2008-10-05+00%3A35%3A40" style="font-size: 11px;">therealnews.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://therealnews.com/t/index.php?option=com_content&task=view&id=31&Itemid=74&jumival=2492&updaterx=2008-10-05+00%3A35%3A40"><P>October 4, 2008</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://therealnews.com/t/index.php?option=com_content&task=view&id=31&Itemid=74&jumival=2492&updaterx=2008-10-05+00%3A35%3A40"><H3>Bailout denounced as it passes Congress</H3></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://therealnews.com/t/index.php?option=com_content&task=view&id=31&Itemid=74&jumival=2492&updaterx=2008-10-05+00%3A35%3A40"><P>Bailout bill no relief on foreclosures as159,000 more jobs were lost in September, markets down again</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://therealnews.com/t/index.php?option=com_content&task=view&id=31&Itemid=74&jumival=2492&updaterx=2008-10-05+00%3A35%3A40"><P>The financial bailout package was passed by the US House of Representatives on Friday but 108 Republicans and 63 Democrats still refuse to approve the bill. Markets drop anyway with the Dow Jones losing 818 points on the week. Jobs in September slashed by 159,000 and home foreclosures at 770,000 since August 2007 expected to continue to rise. The Real News Network talks to Michael Perelman, Professor of Economics at California State University, Chico.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://therealnews.com/t/index.php?option=com_content&task=view&id=31&Itemid=74&jumival=2492&updaterx=2008-10-05+00%3A35%3A40"><table background="undefined" bgcolor=""><tr><TD><DIV> <P id="player1"></p> </DIV></TD></tr></table></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/3AF9ADB8-E1AC-4DE4-9614-76DA90FFA91D/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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