{"id":2854,"date":"2008-09-29T08:43:43","date_gmt":"2008-09-29T13:43:43","guid":{"rendered":"http:\/\/planetwaves.net\/news\/?p=2854"},"modified":"2008-09-29T16:51:15","modified_gmt":"2008-09-29T21:51:15","slug":"the-700-bailout-what-do-you-think","status":"publish","type":"post","link":"https:\/\/planetwaves.net\/news\/daily-astrology\/the-700-bailout-what-do-you-think\/","title":{"rendered":"The $700 billion bailout: What do you think?"},"content":{"rendered":"<p><em><strong>Update<\/strong>: It looks like the bailout bill has failed the House of Representatives by a vote of 206 (yea) to 226 (nay), a difference of 11 votes. CNBC is reporting that there is no time left for members to vote. I have the vote being closed at 2:06 pm EDT &#8212; and it was the Republican caucus that killed it. So this puts the Republican administration in an interesting position, having finally been bailed out on by its own people in Congress. Bush promised last week that &#8220;this sucker could go down&#8221; (referring to the economy) and McCain has said as much &#8212; that we have to do this, or else. From what I have been hearing on the ground and reading on the Internet, the American people are not in favor of this bailout. We&#8217;ve just seen the 4th worst point drop in history for the Dow Jones Industrial Average (4.7%), and crude oil has dropped to $98, down $9. Interesting times&#8230;great comments below&#8230;please keep them coming&#8230;<br \/>\n<\/em><\/p>\n<p><a href=\"https:\/\/i0.wp.com\/planetwaves.net\/news\/wp-content\/uploads\/2008\/09\/blog_sept29.jpg\"><img loading=\"lazy\" class=\"alignleft size-full wp-image-2864\" style=\"margin-right:10px; margin-top:6px;\" title=\"blog_sept29\" src=\"https:\/\/i0.wp.com\/planetwaves.net\/news\/wp-content\/uploads\/2008\/09\/blog_sept29.jpg?resize=333%2C269&#038;ssl=1\" alt=\"\" width=\"333\" height=\"269\" srcset=\"https:\/\/i0.wp.com\/planetwaves.net\/news\/wp-content\/uploads\/2008\/09\/blog_sept29.jpg?w=333&amp;ssl=1 333w, https:\/\/i0.wp.com\/planetwaves.net\/news\/wp-content\/uploads\/2008\/09\/blog_sept29.jpg?resize=300%2C242&amp;ssl=1 300w\" sizes=\"(max-width: 333px) 100vw, 333px\" data-recalc-dims=\"1\" \/><\/a>Dear Friend and Reader:<\/p>\n<p>Like cosmic clockwork, the announcement of Merrill Lynch and Lehman Brothers occurred on the Pisces Full Moon two weeks ago, and the $700 billion bailout of Wall Street was announced on the Libra New Moon exactly two weeks later (late last night). I am saving my comments for the Friday edition of Planet Waves, though I&#8217;m curious about two things &#8212; <strong>your opinions on what has happened<\/strong>, including whether you are a staunch supporter or opponent of the bailout; and <strong>any news you have read<\/strong> (mainstream, alternative or blog) that is particularly interesting.<\/p>\n<p>To participate, all you need to do is <a href=\"http:\/\/planetwaves.net\/news\/wp-login.php?action=register\" target=\"_blank\"><strong>register for Planet Waves<\/strong><\/a> (it&#8217;s free, and we don&#8217;t share your email addresses with anyone &#8212; and registering is different than subscribing!), and then let us know your answer. Many recent posts in recent weeks have had excellent discussions.<\/p>\n<p>Here is one. Does anybody remember Eliot Spitzer? Take a look at <strong><a href=\"http:\/\/www.truthout.org\/article\/eliot-spitzer-predatory-lenders-partner-crime-0\" target=\"_blank\">this article he wrote<\/a><\/strong> in the<em> Washington Post<\/em> right before he got Clintoned and was banned from politics for engaging in sex.<\/p>\n<p>(Here is the <strong><a href=\"http:\/\/planetwavesweekly.com\/dadatemp\/971777481.html\" target=\"_blank\">Planet Waves coverage<\/a><\/strong> of that same issue, from our subscriber archives.)<\/p>\n<p>We&#8217;ve had quite a busy weekend in our astrology newsroom &#8212; many new posts below cover the Libra New Moon, Paul Newman, the Wall Street protests and a reader whose lover was taken by a BlackBerry.<\/p>\n<p>Yours &amp; truly,<\/p>\n<p><strong><img loading=\"lazy\" title=\"Planet Waves\" src=\"https:\/\/i0.wp.com\/www.planetwavesweekly.com\/resources\/images\/sign_white.jpg?resize=185%2C45&#038;ssl=1\" alt=\"Eric Francis\" vspace=\"5\" width=\"185\" height=\"45\" data-recalc-dims=\"1\" \/><\/strong><\/p>\n<p><strong><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Update: It looks like the bailout bill has failed the House of Representatives by a vote of 206 (yea) to 226 (nay), a difference of 11 votes. CNBC is reporting that there is no time left for members to vote. I have the vote being closed at 2:06 pm EDT &#8212; and it was the &#8230; <a title=\"The $700 billion bailout: What do you think?\" class=\"read-more\" href=\"https:\/\/planetwaves.net\/news\/daily-astrology\/the-700-bailout-what-do-you-think\/\" aria-label=\"More on The $700 billion bailout: What do you think?\">Read more<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"generate_page_header":""},"categories":[1],"tags":[322,323,52,320,243,315,163,35,290],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/planetwaves.net\/news\/wp-json\/wp\/v2\/posts\/2854"}],"collection":[{"href":"https:\/\/planetwaves.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/planetwaves.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/planetwaves.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/planetwaves.net\/news\/wp-json\/wp\/v2\/comments?post=2854"}],"version-history":[{"count":0,"href":"https:\/\/planetwaves.net\/news\/wp-json\/wp\/v2\/posts\/2854\/revisions"}],"wp:attachment":[{"href":"https:\/\/planetwaves.net\/news\/wp-json\/wp\/v2\/media?parent=2854"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/planetwaves.net\/news\/wp-json\/wp\/v2\/categories?post=2854"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/planetwaves.net\/news\/wp-json\/wp\/v2\/tags?post=2854"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}