Posted on 09/28/2008 10:58:56 AM PDT by pabianice
Now on Fox: Pelosi twisting arms to get Repubs on board bailout bill; much push-back. Pelosi will not let this pass without Repubs on board in case it blows-up and Repubs can pin it on Dems. Race to complete before Asian markets open. The Adventure Continues...
A side-by-side comparison is available here from Roy Blount's office and I'll just summarize the key missing points below (as I see them)
Why does this bill not drop the capital gains tax altogether (2 years is a start, but I'd like to be rid of it completely)
Why does this bill not dictate that this money be used ONLY for the purchase of mortgages, not "mortgage related securities"
Why does this bill not dictate that this money be used ONLY for the purchase of mortgages FROM US Institutions (no foreign investment banks)
And why has John McCain not grown the gonads to stand up and publicly describe in detail how we got here and how our "affordable housing" initiatives actually caused this and name names. I want to see Barney Franks, Chuck Schumer, Nancy Pelosi, Harry Reid and Barry Obama named specifically and the real information on how this happened made public.
Why is this money not restricted to buying actual mortgages?
Why is this money not restricted to assisting American companies?
Ask your representative and push them to answer!
I think the Republicans ought to insist that the Democrats take responsibility for their part in this mess that goes all the way back to Jimmy Carter and Bill Clinton and their maneuverings to keep the poor beholding to the Democratic party.
The world needs to know about the corruption of the earmarks in the United States — Republicans and Democrats alike.
Simple truth is — you can’t spend money you don’t have. And it’s completely irresponsible to keep on spending just because the feds can keep on printing the money.
He could fix that problem by taking a strong stand against the bailout and sticking to it.
EVERYONE, even the not so smart Obamanoids, knows this thing stinks.
WaMu lost 14/15/16 BILLION in deposits over the last ten days according to the local papers. Can any bank survive a general run on banks?
Yeah. Wachovia and Fortis and more to follow.
“Obamas campaign staff just announced that if Reid needs him to sign the bail-out bill Reid has to bring it to Obama so he doesnt have to leave the campaign trail.”
Sign? Has the election already been held? All he has to do is vote on it, right? And he can’t do that via remote.
Please see http://www.taxpolicycenter.org/numbers/displayatab.cfm?DocID=1818.
You should probably bookmark this site as it is the chief unbiased source of such info. Its comparative info on McCain versus Obama tax plans is here.
Watching FOX is like watching a weekend long Obama commercial.
Because McCain and Palin are nowhere to be found, and FNC is giving 0bama about 10 minutes of free air time, basking in the applause of the 0bamabots.
Agree completely. Last I heard, only 23% of the taxpayers were in favor of this deplorable rape of America’s pocketbook.
What part of fiscal responsibility do they not understand?
I keep saying that the rats aren't going to be happy until they force the creation of a National Front. I know I'm way out there, but the kind of thing you describe will not be taken lying down by everyone. The worst thing possible that could happen.
"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus
I think they keep it in a jar somewhere.
“If the majority of the American people are against this bailout and the republicans are against this bail out, why
is McCain dropping in the polls.”
For one reason, and one reason only: BECAUSE HE HAS NOT COME OUT AGAINST THE BAILOUT.
Good
What a jerk.
No. Let’s hope Shumer doesn’t try to create any new ones, but at this point, if your bank account is with Chase or Citi or BofA, you don’t need to worry (esp. if it is under $100k - why anyone would have more than $100k in a savings or checking acct is beyond me, but some rich people do some very dumb things).
See my post 148. I don’t buy the premise, unless he has already been elected and inaugurated. And, if they do have to sign something after they vote, he can’t vote from the trail.
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