[MeanMachine]

Now here’s a guy who needs to think about running for President next time.

[Rembrandt]

An excellent background piece.

[Fred]

Blunt clearly said today that the Democrats in Congress DO NOT NEED Republican votes to pass the Goldman Sachs Bailout Act

The axis of evil Dodd/Frank/Pelosi/Reid can go straight to you know where...

[koraz]

To me, this is the best explanation of how this started. Sorry if it has already been posted. I do hope it goes viral.

http://www.youtube.com/watch?v=H5tZc8oH—o

[freekitty]

Now, this is what I am talking about. Leadership.

This man needs to be in a leadership position.

[NYC Republican]

Can anyone tell me if the ACORN story was true from yesterday (that $140B was going to go to them - 20% of the total)? If so, why wouldn’t DeMint, who’s excellent, raise it as an issue?

[griswold3]

http://www.city-journal.org/html/10_1_the_trillion_dollar.html

Winter 2000
The Trillion-Dollar Bank Shakedown That Bodes Ill for Cities
Howard Husock EMAIL

The Clinton administration has turned the Community Reinvestment Act, a once-obscure and lightly enforced banking regulation law, into one of the most powerful mandates shaping American cities—and, as Senate Banking Committee chairman Phil Gramm memorably put it, a vast extortion scheme against the nation’s banks. Under its provisions, U.S. banks have committed nearly $1 trillion for inner-city and low-income mortgages and real estate development projects, most of it funneled through a nationwide network of left-wing community groups, intent, in some cases, on teaching their low-income clients that the financial system is their enemy and, implicitly, that government, rather than their own striving, is the key to their well-being.

The CRA’s premise sounds unassailable: helping the poor buy and keep homes will stabilize and rebuild city neighborhoods. As enforced today, though, the law portends just the opposite, threatening to undermine the efforts of the upwardly mobile poor by saddling them with neighbors more than usually likely to depress property values by not maintaining their homes adequately or by losing them to foreclosure. The CRA’s logic also helps to ensure that inner-city neighborhoods stay poor by discouraging the kinds of investment that might make them better off

more....

[Leisler]

"...but China has essentially told the U.S. that we make good on all the debt that they're holding, which is nearly a trillion dollars, or they're going to stop lending us money. "

So, basically, Bush and Congress are collection agents for China? Anyways, where are they going to put their money? In the Chinese stock market? Down 50%. Maybe Russia? Maybe not. In China? Fine. Maybe China can bail us out? Maybe the US will get a IMF intervention with money coming from...um....Eur...no...um...someone.

[napscoordinator]

Sheesh where did they find him...he is not worth having around. Lost his senate seat.

[SC Swamp Fox]

South Carolina Ping

Add me to the list. | Remove me from the list.

[upchuck]

Senator DeMint is DaMan!

[VOA]

bump

[EBH]

Can we write him in on election day?

[SnarlinCubBear]

<>< DeMint bump