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.
In many respects, Bush is a weak man and a feckless leader. He is rattled by the crisis and has delegated its resolution to Bernanke and Paulson. Bush is selling their plan, which includes many elements designed to appeal to the Democratic leadership in Congress at the expense of Republicans. The House Republican rebellion is well founded.
Perhaps you were not around for LBJ.
I'm tempted to call you some names for your failure to understand what the problem is. But I won't. Let's have a real discussion.
What do YOU think the problem is?
What is YOUR solution?
How about looter man with money instead of beer
running to offshore numbered accounts?
The longer this remains a problem, the more we learn about Dodd, Frank, et al.
Certainly one of the worst Republican Presidents of my era ... with his daddy running slightly ahead.
There was a guy (H.W.B.)who actually showed (in the '92 campaign) that he didn't want the job.
Oooops! I just looked at my watch. I'd better be going.
Newt said on Fox last night that Bush didn’t know what he was doing, was clueless. He must be in on the game too.
If the October surprise came down to this being a GWB-McCain setup or the ‘whitey’ tape, then give me the ‘whitey’ tape.
I think Bush has handed McCain the gift of the election win.
He has even thrown himself under the bus in order to give it up.
Think on it.
I find it an interesting alternative than to believe Bush has jumped ship. Could it be he has come up with a smart segue of a pass to McCain?
Bush was never a fiscal conservative. He was always for big govt. We were fooled in 2000 because since he was for much bigger tax cuts than mccain, therefore he must be a real conservative.
Obama is now aligned with Bush. Is this the change and hope the dims want? The dims who hate bush more than they hate themselves?
“I would rank GW Bush as the WORST president in US history, certainly the worst the Republican Party ever had to put forward”.
...yeah, right! That makes sense. Who are you? Harry Reid?
No attacks on US soil since 9/11. With Gore/Kerry we’d probably be nothing but a memory. Alito as Chief Justice. Tax cuts through 2010. The surge is working. Laura keeps the White House Christmas Tree! (possibly the biggest positive)
Worse Presidents?
1- Jimmah
2- LBJ
3- Clintoon
4- Woodrow Wilson
5- Calvin Coolidge
he must really love mccain because for the last 8 years he spent so much money on all kinds of pork and new entitlements that there’s no way you can possibly compare his economic policy to mcCain. He did all this so that if we had a financial crisis right before the election, he could come up with a bailout strategy that nobody would ever guess was a set up because it was so in line with everything he did thus far.
I doubt BO is aligned with Bush - he has his own benefactors and gurus to obey and please.
Political affiliation is only a means to an end for him to
gain credibility in the nation - the people only recognize a leader if they vote for him/her.
The group who direct BO could care less what happens to the people and the country - other than they vote BO in as leader.
I still think Bush has already handed over the leadership and is willing to take the heat. It’s just alternative thought and I would never insist what I am thinking is fact.
Tax cuts through 2010
then they automatically go back up and nobody is responsible.
Has Bush made some mistakes? yes, but the pluses far out way the mistakes.
Do some research.
Another interesting thought about Bush. Thanks.
Just wait for the Obafuhrer
I think you have been fooled friend, by yourself. Maybe the government growth the last few years has more to due to the need to fight a major war (WOT) and crisis after crisis, than ideology of President Bush. I have seen no real evidence that he is a “big government” proponent. Please don’t cite No Child Left Behind...that is not a good example.
President Bush has been one of the most effective and successful Presidents in modern history. He does not sit below Ronald Reagan historically, he sets beside him.
One last thing for you recliner quarterbacks...President Bush has more that his fair share of courage, he would not even understand the meaning of jumping ship in any sense of the words. He has stated that his administrations plan was the START of getting a bill together. He has shown great leadership while respecting the proper role of Congress in the matter of the so called bailout.
well HWB raised taxes and that led to 8 years of clinton. unfortunately the success of Contract with America assured clinton of a second term.
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