First; great job by Mr. McIntyre for voting "NO" on this "Bail out" Plan.. As He goes back too DC, I hope He has read the "entire" Bill, Especially Section 112, which reads. SEC. 112. COORDINATION WITH FOREIGN AUTHORITIES AND CENTRAL BANKS. The Secretary shall coordinate, as appropriate, with foreign financial authorities and central banks to work toward the establishment of similar programs by such authorities and central banks. To the extent that such foreign financial authorities or banks hold troubled assets as a result of extending financing to financial institutions that have failed or defaulted on such financing, such troubled assets qualify for purchase under section 101. Note that, Rep. Robin Hayes, (R-NC), took issue with the provision that would allow foreign banks and investment firms to qualify for assistance from U.S. tax dollars. "The initial draft of the proposal that came from the Treasury was fundamentally limited to U.S. financial institutions," Hayes said. "During the course of negotiations, this changed, and now foreign banks and financial companies are just as eligible to receive U.S. taxpayer dollars as an American company." "Paulson and Bush threatened to veto the legislation if there was an explicit prohibition of transfers from foreign banks to an American subsidiary." THE ASSETS DO NOT EVEN HAVE TO BE AMERICAN MORTGAGE ASSETS - THEY CAN BE AN OFFICE TOWER IN SHANGHAI, CHINA! YOU ARE GOING TO GET FLEECED FOR HUNDREDS OF BILLIONS OF DOLLARS IF THIS BILL PASSES - THAT MONEY IS GOING TO GO IMMEDIATELY OUT OF THE COUNTRY! Folks; what this means is, King Henry Paulson, is in effect, giving away 700+ billion dollars to banks and FOREIGEN Investors! With OUR Tax Payer Dollars! Are you MAD YET???!!! The thought of the United States Bank of America buying assets--like dead-beat houses in Detroit, Michigan, or California--makes me sic- but I can deal with that, for maybe a few people that are local in that economy will secure some work in re-building the Nation. And I would look forward to getting behind that and actually swinging a hammer. I can accept that as the consequences of all this waste and want. But, to actually see our Government support the continued ponzi scheme of buying MBS, and CDO's, and god-knows what else from the "Bank of Shanghai" as Congressman Sherman (D-CA),AND Rep. Robin Hayes, (R-NC), spoke of, and place that debt on our backs--with no real tangible assets to procure, I say : [B]GIVE ME LIBERTY OR GIVE ME DEATH.[/B] That is DEBT SLAVERY TO THE GLOBAL FINANCIERS. I will not stand for it. [B] WILL YOU? [/B]