Created Mon 29th Sep 2008 9:24pm PST by 
ash427
ash427 
Will the US Congress pass a bailout package by the end of October?
Settled as Yes
Background: So we're to round two. The first attempt at passing some sort of bill failed pretty unexpectedly on Sept. 29th. Congress and the politicians were rewarded nicely for their inaction on the bailout bill, with record losses on Wall Street and worldwide financial markets. The Dow dropped a whopping 777 points it's largest daily point drop since inception. Naturally after the failure to get the bill passed the House, Pelosi and Boehner played the blame game, pointing fingers at each other for the small mishap in not passing the $700 Billion bailout plan.
In the first analysis though both sides had members who didn't vote for the bailout, around 100 Dem's split from the party line as well as the GOP. The House Republicans did very little to hide there displeasure with the plan and in the end they made a point of sticking to principle, at least some of them.
With world markets in disarray and awaiting a answer from Washington many analysts expect the bailout plan to be approved by the end of this week but time will tell if that will happen. (Keep in mind these are the same analysts who thought the plan would go through just fine...). All sarcasm aside it does look likely that Congress will get their crap together all $700 Billion of it!!!
Edited by Ryanj
In the first analysis though both sides had members who didn't vote for the bailout, around 100 Dem's split from the party line as well as the GOP. The House Republicans did very little to hide there displeasure with the plan and in the end they made a point of sticking to principle, at least some of them.
With world markets in disarray and awaiting a answer from Washington many analysts expect the bailout plan to be approved by the end of this week but time will tell if that will happen. (Keep in mind these are the same analysts who thought the plan would go through just fine...). All sarcasm aside it does look likely that Congress will get their crap together all $700 Billion of it!!!
Edited by Ryanj
Settlement details:As reported by a major mainstream news source.
Forecast history %
| Yes |
| |||
| No |
|
Settled as Yes on Sat 4th Oct 2008 6:41pm PST
- Activity: H$40,963 |
- Predictions: 34 |
Comments: 6
Suspend date: Fri 31st Oct 2008 11:59pm PST
Settlement date: Sat 4th Oct 2008 6:41pm PST
Initial likelihoods: Yes: 80%
Action history:
Created Mon 29th Sep 2008 9:24pm PST by ash427
ash427
Changed Description Tue 30th Sep 2008 9:35am PST by 
ryanj
: show details
ryanj: show details ... ... So
we're
to
round
two.
The
first
attempt
at
passing
some
sort
of
bill
failed
pretty
unexpectedly
on
Sept.
29th.
Congress
and
the
politicians
were
rewarded
nicely
for
their
inaction
on
the
bailout
bill,
with
record
losses
on
Wall
Street
and
worldwide
financial
markets.
The
Dow
dropped
a
whopping
777
points
it's
largest
daily
point
drop
since
inception.
Naturally
after
the
failure
to
get
the
bill
passed
the
House,
Pelosi
and
Boehner
played
the
blame
game,
pointing
fingers
at
each
other
for
the
small
mishap
in
not
passing
the
$700
Billion
bailout
plan.<br/>
<br/>
In
the
first
analysis
though
both
sides
had
members
who
didn't
vote
for
the
bailout,
around
100
Dem's
split
from
the
party
line
as
well
as
the
GOP.
The
House
Republicans
did
very
little
to
hide
there
displeasure
with
the
plan
and
in
the
end
they
made
a
point
of
sticking
to
principle,
at
least
some
of
them.
<br/>
<br/>
With
world
markets
in
disarray
and
awaiting
a
answer
from
Washington
many
analysts
expect
the
bailout
plan
to
be
approved
by
the
end
of
this
week
but
time
will
tell
if
that
will
happen.
(Keep
in
mind
these
are
the
same
analysts
who
thought
the
plan
would
go
through
just
fine...).
All
sarcasm
aside
it
does
look
likely
that
Congress
will
get
their
crap
together
all
$700
Billion
of
it!!!<br/>
<br/>
Edited
by
Ryanj
Changed Question text Thu 2nd Oct 2008 1:02am PST by ryanj: show details
ryanj: show details ... US
Congress
pass
a
bailout
package
by
the
end
of
... OctoberOctober?
Changed Description Thu 2nd Oct 2008 1:02am PST by ryanj: show details
ryanj: show details ... the
small
mishap
in
not
passing
the
$700
Billion
bailout
... plan.<br/>plan.
<br/>
<br/>
In
the
first
analysis
though
both
sides
had
members
... Congress
will
get
their
crap
together
all
$700
Billion
of
... it!!!<br/>it!!!
<br/>
<br/>
Edited
by
Ryanj
Settlement requested Fri 3rd Oct 2008 10:34am PST by 
rbrog77
: Passed today vote of 263-171
rbrog77: Passed today vote of 263-171
Settlement requested Fri 3rd Oct 2008 6:56pm PST by 
onedave![[Power User]](http://www.hubdub.com/images/icon_superuser.gif "This user is a super user")
: Please settle as 'yes.' Congress passed the bailout package. Cut-off date of 9:40:07 am PDT recommended.
http://www.mercurynews.com/news/ci_10629221 (market suspended)
onedave: Please settle as 'yes.' Congress passed the bailout package. Cut-off date of 9:40:07 am PDT recommended.
http://www.mercurynews.com/news/ci_10629221 (market suspended)
destry![[Admin]](http://www.hubdub.com/images/icon_admin.gif "This user is an admin"){kind=icon}
Suspend date: Fri 31st Oct 2008 11:59pm PST
Settlement date: Sat 4th Oct 2008 6:41pm PST details 
Get widget!Predictions (34)
predicted Yes (H$100 at 95%)
sweet_baby_rye
predicted Yes (H$200 at 95%)
jjthComments (6)
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