Bail out Greece!

[kbsooner21]

Come on Obama, print some more money and send it to Greece!

[kbsooner21]

Yikes! Dow Jones down almost 1k

[Watchtower76]

biggest ponzie sch ever.....so funny

[kbsooner21]

no kidding

[Jamaicanman]

Come on Obama, print some more money and send it to Greece!

It's called the IMF!!!! From last year...


The Senate Thursday decisively rejected an attempt to eliminate $108 billion in U.S. contributions to the International Monetary Fund, but the fate of the funding remains uncertain despite the strong backing of the White House.

Some House Republicans have said they will oppose the "supplemental" war spending bill that contains the IMF contribution if it isn't removed. House Appropriations Chairman Rep. David Obey (D., Wis.) added further uncertainty Thursday by suggesting he might oppose it too unless the U.S. can persuade European countries to boost spending on economic stimulus measures.

"We don't want Uncle Sam to be Uncle Sucker," Mr. Obey told Treasury Secretary Timothy Geithner at a hearing.

Still, lawmakers face considerable pressure to approve the money. President Barack Obama requested the contribution as part of a $500 billion contribution involving a number nations.

The fight in the Senate was led by Sen. Jim DeMint (R., S.C.), who offered an amendment to strip the funding Thursday, which went down to defeat by a 64-30 margin. The debate became a kind of surrogate for concerns about internationalism.

"This is the worst time to ask struggling American families to bail out foreign countries," Mr. DeMint said. "Millions of Americans are losing their jobs and our national debt is exploding after trillions have already been spent on failed bailout and stimulus bills."

But supporters said the IMF money would help the U.S. as well. "Economic growth abroad helps us kick economic growth into gear here at home," said Sen. John Kerry (D., Mass.), chairman of the Senate Foreign Relations Committee.

The White House had worked hard to persuade leaders of both parties to assign a relatively inexpensive cost to the $180 billion contribution. Ultimately the Congressional Budget Office calculated the cost at $5 billion, a far more politically palatable sum.

The CBO could make that estimate because the U.S. would not directly spend the $108 billion, but would essentially make a line of credit available to the IMF, which could lend it as needed to other countries.

Once the Senate passes the $91.3 billion war spending bill, Senate negotiators will have to hammer out a compromise with the House, which didn't include the IMF funding in its version.

If the compromise includes the IMF money, it would likely prompt opposition from House Republicans, who argue, among other things, that a bill funding the wars in Iraq and Afghanistan is the wrong place to attach the unrelated IMF contribution.

If almost all 178 House Republicans joined the 51 antiwar Democrats opposed to the spending bill for their own reasons, they would defeat it. But it may be politically difficult to vote against a bill that funds the troops in wartime.

[kbsooner21]

LMFAO! MSNBC reporting there must have been some "glitch" to make the Dow Jones fall

[Spark]

It's all Bush's fault ...

[Watchtower76]

LMFAO! MSNBC reporting there must have been some "glitch" to make the Dow Jones fall

As CNBC is too.....biggest joke....

[kbsooner21]

Are they serious? Now it's 1 bad trade that caused the almost 1k dip?

[husker]

It's all Bush's fault ...

i was going to say the same thing, but sign it vitturd.

[vitterd]

Come on Obama, print some more money and send it to Greece!

Dumbest thread ever

[Stern162]

Dumbest thread ever

LMFAO



You are so predictable

[vitterd]

i was going to say the same thing, but sign it vitturd.

It could be u crying about name calling and begging sites to unban you

[vitterd]

LMFAO



You are so predictable

Show me where u made your prediction. Didn't see it anywhere.

[Jamaicanman]

Show me where u made your prediction. Didn't see it anywhere.

B/c when you aren't bright enough to have an original thought on the IMF or Greece's financial woes and it's connection to the US economy, then you just continue to post your stupid posts!!