John Boehner is a good guy. I would not be so sure about him being one of the four.
come out with a bold free market version, get on the sunday shows to promote it, McCain endorses (hopefully), and we win in November.
I wonder how many can be bought off with an earmark? After all, the original bill was only 2.5 pages.
Mr. Burns: “EXCELLENT!”
Now, do you want to live with Obama as pres and a much bigger house and senate majority if there is no bailout and the financial structure heads south and all we hear for the next 45 days is how Republicans don't "care about the little guy?"
I don't see how we get out of this without either a financial meltdown or a political meltdown. We get one or the other.
Woo hoo!! Block this socialist Obamination!!
700 billion dollars is just 3.5 percent of the 20 trillion dollar worldwide investments -- or about 12 percent of U.S. investments, I believe.
Let the market sort 'em out!
Congressional sappy-headed hoaxes are to blame also.
Let the voters kick 'em out!
I’ll bet: Boner, Shays, Shelby, and ...
I guarantee Boehner is one supporting it. Before FR crashed this morning I posted that I had called his office to urge them to not sign this measure without major provisions, if at all. I told the guy that the base was going to be in an uproar if they allow credit cards,car loan default,college loans, etc. to be added! Blah,blah,blah.
The kid said our economy was going to meltdown if we did nothing..thanked me for my call and hung up on me in mid sentence!
Senate Pubbies met with Cheney, et al, yesterday.
They apparently give the Admin reps an ear-full.
Repeal Sarbanes-Oxley, eliminate Capital Gain taxes this week, let Paulson use 150 billion to temporarily fund strapped credit market. Free market will do pull us out of the mess more quickly than Paulson proposal.
This issue is not going to get addressed quickly. There isn't that much time before the election.
Democrats have little incentive to work with Republicans to come up with a more acceptable plan when stalling makes McCain look ineffective.
What recent historical precedence would make McCain think that Democrats would put aside politics to address a an emergency that could seriously harm our nation? The Democrats control congress. They control what gets debated and when. McCain gets one vote in the Senate. He can work with others to put forth a bill to address the issue, but the Democrats don't even have to vote bring it up for a vote, and can instead bring up votes on versions that the Republicans will find unacceptable, but the Republicans will be pressured to support them so that McCain can claim that his leadership helped move things forward and he can get back to campaigning.
He's entering into a fight where the Democrats have far too much control of the rules, and all they have to do is delay while Obama campaigns and McCain doesn't.
Is the man completely insane?
If The Rs don't want it, that's fine but they had better have an alternate plan ready to go and then sell it.
Well, who are these 4? They need to get with the program.
This is good news.
we need to get all abord for the world wide depression
After listening to all the networks, I’m suprised people have’nt been running on the banks...IMO this is a chicken little situation and the Pubs are in a tough spot. I feel if they don’t resolve this NOW we will lose this election, if we have’nt already.
I believe that banking institutions are more dangerous
to our liberties than standing armies.
If the American people ever allow private banks to
control the issue of their currency, first by inflation,
then by deflation, the banks and corporations that will
grow up around [the banks] will deprive the people of
all property until their children wake-up homeless on
the continent their fathers conquered.
The issuing power should be taken from the banks and
restored to the people, to whom it properly belongs.
Thomas Jefferson, Letter to the Secretary of the Treasury
Albert Gallatin (1802)