Bailout Statement Announced

BREAKING NEWS! -- CNN TV
September 28, 2008, 12:25 a.m. EST

Notes: By Rev. Lainie Dowell

The Negotiators came out smiling to make an announcement that the only thing left to do is to commit the agreement to writing .

Speaker Nancy Pelosi (D-CA) followed by Sen. Harry Reid (D-NV, Majority Leader)

Treasury Secretary Henry Paulson thanked leadership and said the staffs will be working all night. "So far so good."

Sen. Judd Gregg (R-NH) "We're ontrack to doing something substantative."

Rep. Roy Blunt (R) Minority Whip
"These are difficult issues. Everybody showed lots of patience and I'm grateful."

Sen. Christopher Dodd (D)
Banking Committee Chairman thanked leadership for insisting they stay at it.

Sen. Barney Frank (D)
Offered a moment of levity.
Negotiation "includes genuine compromises. . . and everybody can go home."

UPDATE:

Sunday, September 28, 2008, approx. 11:15 a.m. EST - Fox News Interview --

Rep. Thaddeus McCotter (R-MI), during an interview just now, has vowed to stay firm and not let U.S. taxpayers be sold out to socialism with the proposed $770B bailout. He reminded the interviewer that the agreement has not yet been signed. He said that plan by the Secretary of the Treasury and others is like putting a pile of dung on a door step, ringing the bell, and expecting the homeowner to come to the door and thank them. Stay tuned.

UPDATE: October 1, 2008 -- The U.S. Senate, with a late-night vote, passed an unsupported bill to put America on the hook for $700B+ bailout, as their response to the recent Wall Street financial downturn. Citizen's expressions of distaste and distrust were listened to by the House, which voted to reject such a bill. Now, with baited breath, citizens prayerfully await the outcome of another legislative try to get the same Senate bill passed in the House. (Socialism comes to America?)

Stay tuned.

UPDATE!

Sunday, October 5, 2008 -- Well, by now the world knows how gullible this nation has been to allow the U.S. Senate and the House to pass a bill into law for $700B of taxpayer money, including a load of pork-laden gifts. God help us.

Stay tuned.