Posted on 09/26/2008 11:36:00 AM PDT by Revel
OH SH**! It sounds like the Republicans have caved!
Can you please change “give” in title to “given”.
Thanks
I loved Jim Bunning as player for the Phillies, a congressman, and now a Senator. Excellent speech! : )
Did he get the unanimous consent?
“Now I want to talk about the bailout bill that we expect to have on the Senate floor soon. The Paulson proposal is an attempt to do what we so often do in Washington – throw money at a problem”
MY GOD THE REPUBLICANS CAVED!
The Dems are packing the pork in even as they deny responsibility in large part for the problem to begin with. ACORN getting 20% of the payback? If true, this alone should cost Obama the election and sweep the Dems out of Congress in the fall.
bump
Are you telling me that HOUSE Republicans have all folded, 100 of them will vote for this POS to give Dems cover??
Good speech..
“....Well, I am not buying it, and neither are many of the nation’s leading economists. If some sort of government intervention is needed to fix the mess created by the government failures I talked about earlier, we need to get it right. Congress owes it to the American people to slow down and think this through. We need to know that whatever we do is going to fix the problem, protect the taxpayers, not reward those who made bad decisions, and make sure this does not happen again. But we can not do that in one week as we are all trying to rush home. Congress needs to take this seriously and stay here until we find the right solution, not just throw 700 billion dollars at Wall Street as we walk out the door.
Now, Mr. President, before I yield the floor, I ask unanimous consent that the two letters I mentioned from economists opposing the bill, along with an article from the New York Times from 1999 about the Clinton Administration pushing Fannie Mae and Freddie Mac into risky loans, be printed in the record following my remarks...”
Doesn’t sound like they caved to me.
Senator Sherrod Brown, Pick up the phone. I have something to say to you!
Too bad that the truth has to fight its way through the media’s fogbank of blather.
Audio of this:
http://src.senate.gov/public/_files/radio/bunningfloor92608.mp3
Video of this:
http://src.senate.gov/public/_files/television/bunning_sep26.ram
Where did you see the pubs caved?
In the part I posted he stated that the Paulson bill was to be voted on today did he not?
He is inserting documents in the record to show he is opposed.
Else why vote on the Paulson bill today?
“Now I want to talk about the bailout bill that we expect to have on the Senate floor soon. The Paulson proposal is an attempt to do what we so often do in Washington – throw money at a problem. We cannot make bad mortgages go away. We cannot make the losses that our financial institutions are facing go away. Someone must take those losses. We can either let the people who made bad decisions bear the consequences of their actions, or we can spread that pain to others. And that is exactly what Secretary Paulson proposes to do – take Wall Street’s pain and spread it to the taxpayers.”
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