Posted on 09/26/2008 4:17:46 AM PDT by Pharmer
For the life of me I cannot understand why George W. Bush would throw his own party, its fundamental principles and it presidential candidate under the bus to bail out what in my mind is indefensible. Bush knows as we all know that Henry Paulson is a limousine liberal financier in the molding of Jon Corzine and Robert Ruben. He hired him for the same reason he hired Paul Allen at the beginning. But Allen had the decency to shaft him after he left the White House.
Is this a crisis? Yes. Do we need to fix it? Yes and now!
But why this way? Especially when there are better, more conservative, and less burdensome methods to free up the credit markets. Newt, Rush and many other conservatives have been very eloquent on this. Having the Government bail out banks for essential bad loans the government made them make is like saying that the welfare system failed and the only solution is to give them more money and forget the problem.
The Treasury could not have cooked up a worse plan. 100% pure socialism. Not surprising from someone like Paulson. But why has Bush gone along? Is Bush that burned out? Did he panic and said to hell with conservative principle get me something that Pelosi, Reid, Dodd and Fwank (They are after all the MAJORITY leaders) will buy into so we can fix this ASAP? Does he realty think that his own party would buy into this after the hit he and they took for writing a blank check to New Orleans after Katrina? Has he forgotten that there is an election going on and one wrong move by him could kill his party’s candidates? Does he hate his own party that much? Does he hate McCain that much?
Why at a time when McCain is gaining traction with conservatives would Bush go along with such an anti-conservative idea? Methinks that there more afoot than meets the eye and we may be misunderestimating President Bush once again.
First, Bush must know he is leaving is office on a down note. He has surrendered his legacy to history which I think will be much kinder than we know now. But that doesn’t mean he has lost his soul. He has always been a reputed to be a master poker player. And the president if anything controls the table with his veto. McCain also has shown that he also knows the game. Maverick was a poker player by trade let’s not forget! This is an election. Time to pass the torch and a couple of cards snuck off the table from one sleeve to another.
Over the past 2 days the markets have been in limbo. Bush is hawking a plan that no red blooded American would want. Every member of his party hates it. The only one who likes it are the financiers on Wall Street who will benefit, and the uber Libs in congress who caused the problem and who think run this nation. But those same uber Libs know that the publics hates it and election day is only 40 days away! They will not pass this bill without cover of real bipartisanship. The only problem is that those damn Republicans in congress want nothing to do with this! And Bush is holding the bag. Or is he?
McCain to the rescue! And what better timing! By all conventional wisdom he should have no chance of winning as the country hates Bush and Republicans. He is hovering even in the polls against a guy who is a neophyte as best and who’s own party really doesn’t know or like him that much. What a golden opportunity to demonstrate his wisdom of years with leadership and expose Barak Obama for the fraud he is. Stop campaigning challenge Obama to do the same and put help put out the fire. But where was Obama? “I’m uh rehearsing for the debates on something uh I really don’t know much of! Call me if you need me!” And you know the Dems are wise to this but are helpless to stop it. Notice how they had all the bluster in having a deal at noon without McCain being here only to have it fall apart as the day went on. They wanted McCain no where near this thing. McCain arrives and is silent as Boehner and Chambliss stiff armed the whole deal in effect killing it. Now they will be the power masters in any deal that comes. McCain will be seen as the broker of the deal on conservative principles and the new true Republican leader.
Would this have happened if Bush had but out a conservative plan to begin with? No way. Pelosi and Reid scoffed said that he was being overly dramatic and would have sat on it, letting the markets fail all to make Bush seem irrelevant and then shoved a worse deal down his throat.
They say that a shock to the system is a double edged sword. Republicans may think that shock was Bush tazoring them. But it may also have been a defibrillator. If McCain comes out on top in this thing as I think he will, Bush may have had a lot to do with it. I can think of no other rational reason why he would betray his Republican base, his party’s nominee and his party’s down ticket candidates in such a blatant manner unless this was a flea-flicker to McCain. I would hope that this is the case. I cannot imaging why Bush would soil his reputation that much more by something so stupid so close to an election.
I would rank GW Bush as the WORST president in US history, certainly the worst the Republican Party ever had to put forward.
This is his last hand of poker, and I predict it will be a good one. No way does he, in his heart of hearts, support a straight bailout. I’m fortunate to have as my congressman Marsha Blackburn of Tennessee who is one of the true conservatives standing against this steamrolling attempt. I just emailed to let her know she has my support.
I DO think this whole mess is a well-orchestrated GAME being played with America’s future. I’m sure none of those a-holes in Congress are worried about the financial future of this country. They are willing to let it go to hell in a handbag if it means they will be re-elected to “FIX” the problem “THEY” created. They probably have all of their gazillions in foreign banks. Even if they lose a lot of money, they will still have a lot and control the system which ensures they regain their losses. They are EVIL.
Bush has succumbed to the Second Term Blues. He's got a real bad case of 'em, but he's done some terrific things in office.
This is another instance of the dems being about politics as ususal. We have Obama and the dems supporting the BUSH BAILOUT, while John McCain is about CHANGE and fresh ideas.
You can’t imagine? Really? The guy’s about to become the most valuabe free agent in the world. You don’t think he wanst a nice cushy place on Wall Street to set up shop?
I agree. I think this was orchestrated to sucker the Dems into putting forward a pork-laden reward-the-guilty failout. And McCain has ridden to the rescue.
This isn’t Poker. It’s Bridge. Bush laid a low trump and McCain had all the picture cards.
Everybody and anybody can be a ‘conservative’. Look at Mitt Romney, life long, from a liberal family, institutes Romney state People's Republik socialist care of one of the few growing industries in Massachusetts. He's now ‘Mr. Conservative.” Lindsey Gram, and John McCain.
The GOP has always been a big government party. Lincoln, Teddy Roosevelt, Hoover, Eisenhower, Nixon, Bush I and II.
“W” is not a Ronald Reagan Republican.
He’s more of a Ronald Reagan JUNIOR “republican”.
You can count on him to be conservative on social issues only (most social issues).
That's it!
The brilliant "Compasionate Conservative" has set a trap that will sink the Democrat's raft & make a Katrina like storm blow them off the face of the earth.
As soon as McCain / Palin are elected, GWB will take speaking lessons to enable him to make dough on the speaking circut.
Yeah ... that must be it.
Nobody could ever be worse than Jimmy Carter.
..but too many disappointments leave me distrustful that this is 'superior gamemanship' as you seem to think.
I fear it's something much more nefarious with Bush.....something is afoot.
I am PRAYING it’s a SET-UP!!
Methinks you would be wrong. I voted for Bush 4 times but I'm sad to say he's gone over to the dark side. I wrote him off a while back with his turning a blind eye to illegals and I haven't seen anything in any of his decisions in the last few years to change my mind. Papa Bush is now Bubba's new adopted daddy and is sitting pretty at all the family gatherings. Yes, the Bush family has all gone over to the dark side.
I don't know a lot about your congressman save only from hearing her speak.... she seems like the real deal.
Very effective speaker, articulate and exudes intelligence and courage.
The conspiracy nuts say W is a tool of the global elitists on this. China has cancelled credit to the US. Next they will want a new world currency, leading to one world gov’t.
We will all be reduced to cogs in the one world machine.
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