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Bailout Falling Apart; House Repubs Not On Board
Fox News | 9/28/08

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...


TOPICS: Breaking News; Business/Economy; Crime/Corruption; Government; Politics/Elections
KEYWORDS: 110th; bailout; banking; corruption; democrats; elections; fanniemae; gop; pelosispolitburo
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To: dools007
Thoughts anybody?

We don't know where things stand with his wife's money. That could have something to do with it.

221 posted on 09/28/2008 11:56:47 AM PDT by Aliska
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To: Republic

Recall during the debate Friday night, at the very beginning moderator Leher was asking for the candidates’ opinions regarding the financial `crisis’, and he was doing everything short of jumping on stage, putting his arms around their heads and doing a `Moe’ on them (heads together like coconuts). And yet both obstinately refused to respond to the call of his question.
If this matter is so urgent—and both had just emerged from fighting in the WH trench—why weren’t they detailing to voters what they saw, read and heard, and telling us what they thought should be done, and when and why . . . I think it’s one of two things: neither wanted to go on the record because they don’t know what it means or (more ominously) because they do know. Like a big cow-pie they both side-stepped this issue that the doom-sayers say presages an (drumroll) economic Apocalypse.
Why is that?


222 posted on 09/28/2008 11:57:01 AM PDT by tumblindice (All the people some of the time, some of the people all the time, but.... etc.)
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To: donnab
He has been working from his office because the Dems have said he is using it for politics.

Just like a Democrat, to accuse a man trying fulfill the duties of his job as something to be feared and despised.

223 posted on 09/28/2008 11:57:37 AM PDT by TheThinker (It is the natural tendency of government to gravitate towards tyranny.)
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To: pabianice
If we stand back for a minute and take a sober look at the whole situation in congress, we can see a trend here. It looks like the minority is sticking together and refusing to be intimidated into doing anything stupid. This is a good thing. A very good thing. See, I'm not watching Fox, or any other media today. I'm not letting the house do their business in my head. We seem to have an organization, of sorts, which can hold out until the terms are met. Politically they have way more to lose than we do. Public perception aside, it is in fact their scam which collapsed and their people who are in deep shit. Time's on our side.

What BO may do doesn't matter, neither does it matter who he blames. The MSM writes the script anyway. Getting inside their loop is what matters now, and I think McCain knows how to do that.

224 posted on 09/28/2008 11:57:43 AM PDT by Skid Marx
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To: mathprof

It’s been about 2 minutes from my post saying that the intrade odds of passage are down by 10. They’re now down by 20.

Intrade.com puts the odds of passage at 41% as I type.


225 posted on 09/28/2008 11:58:29 AM PDT by mathprof
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To: Thane_Banquo

I hope you are right. Seems to me we are playing chicken on a grand scale.


226 posted on 09/28/2008 11:58:57 AM PDT by narses (...the spirit of Trent is abroad once more.)
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To: Emperor Palpatine
"Let the Asian markets collapse."

If they do, according to what I've read, it is nothing but a lack of confidence or panic because I have read that the Asian banks were not big buyers of the bad paper or derivatives based on them. The Euro markets are supposedly another story.

227 posted on 09/28/2008 11:59:04 AM PDT by penowa
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To: MHGinTN
It is the truth. Without a high profile person like McCain to focus attention, the democrats would have passed the entire scam without Republican votes and the media would have buried the story to focus upon assassinating Sarah Palin.

Absolute NONSENSE. Why the Dems will not pass this bill is because they do not want it slung around their necks come the election, nor do the RINOs like McCain. They can pass it any time they like with or without the Conservatives in the House. They don't because it is WRONG and they want everyone to share the blame equally.

Just because McCain grabs his baton and runs to the front doesn't mean he leads the parade. If anything, he is there to twist arms and cause compromise. He has not used his bully pulpit to the Conservatives' favor in the least, with the possible exception of his suggestion that their ideas deserved a place at the table, which they were already going to get anyway.

That you try to obfuscate that is quite telling.

I obfuscate nothing. I am certainly against McCain (and globalism), and have always been so.

228 posted on 09/28/2008 11:59:31 AM PDT by roamer_1 (Globalism is just Socialism in a business suit.)
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To: Lloyd227

I’ve seen this side by side comparision several times, and have even e-mailed Blount’s office for verification. I want some surety that this is truly from Blount’s office.


229 posted on 09/28/2008 12:00:14 PM PDT by daddydoo
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To: MozarkDawg

A bailout bill is a spending bill.


230 posted on 09/28/2008 12:00:28 PM PDT by P-Marlowe (LPFOKETT GAHCOEEP-w/o*)
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To: ought-six

231 posted on 09/28/2008 12:00:52 PM PDT by redstateconfidential ("Go to the mattresses")
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To: Terpfen
Not bullcrap. Learn the timeline of events.

Complete and utter BULLCRAP. I know the timeline just fine.

232 posted on 09/28/2008 12:01:30 PM PDT by roamer_1 (Globalism is just Socialism in a business suit.)
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To: DRey

Thank you for clarifying. I’m becoming paranoid with this mess. I hope and pray that Mac does not support it, but if they come up with something he feels he can support, I’m hanging in there.

He made gains just showing up and fowling the bailout loaded down with pork that Reid and Pelosi were in the process of shoving down our throats.

I think the man is between a rock and a hard place and the only solution is to let the dems pass their own stink and let the chips fall....


233 posted on 09/28/2008 12:01:47 PM PDT by Heart of Georgia (McCain/Palin '08)
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To: FreeReign
“We ceased having a profit and loss system when the Reno Justice Department threatened financial institutions with red-lining. When the institutions caved and began the worthless paper shuffle backed by taxpayers, there was no longer a profit and loss system, only a democrat engineered socialist cesspool”

I highly doubt 3000 points as there are safety's in the system to shut down trading. Can't Bush also shut down the Wall Street like we did after 9/11? Americans are wishy washy, they may not like the bailout, but a steep market decline will make them seek out a scapegoat. Afraid that will be Republicans if it is perceived that the lack of a Plan in the reason. I'm not so sure we aren't in a no win situation. Hope I'm wrong.

234 posted on 09/28/2008 12:01:49 PM PDT by DAC21
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To: pabianice
Newest Gallup: Obama 50, McCain 42. This mess is helping Obama.

Amazing even though Obama is someone who has profited off the buildup of this crisis.

Wonder how much the polls are being manipulated these days since so much pressure has been heaped on the media elites?

235 posted on 09/28/2008 12:02:23 PM PDT by TheThinker (It is the natural tendency of government to gravitate towards tyranny.)
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To: MHGinTN

“We ceased having a profit and loss system when the Reno Justice Department threatened financial institutions with red-lining.”

You are correct.

But let’s think about incentives for the future (moral hazard).

Let’s say we have a bailout. Later, the Government strong arms lenders again. They will comply of course.

Let’s say we don’t have a bailout. Later, the government strong arms the lenders again. Now lenders can say “I can’t do it! I’ll go bankrupt!”

About the only thing the left understand is “I can’t do it.” They will never accept “I won’t do it,” or “I choose not to do it.” They don’t value the freedom of other people. I has to be “I can’t.” Then they usually say, “oh well, I guess you can’t.”

Maybe if the banks want to survive, they should take their case to the courts, the airwaves, and the people, and say “we were forced into this mess by a coercive government. We know how to lend, but we were threatened and bullied into making these loans.” We expect Muslims to risk beheading to face Al Qaeda. Maybe we should expect private firms to stand up to socialist bullying. Otherwise, bye-bye.


236 posted on 09/28/2008 12:02:42 PM PDT by ChessExpert (If it had been up to Hussein Obama, Saddam Hussein would still be in power)
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To: DRey

Fair enough, but has Obama?


237 posted on 09/28/2008 12:03:06 PM PDT by waxer1 ( What is the difference between a pitbull and a hockey mom? lipstick-Gov Palin)
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To: mass55th

You are so right. McCain is in his office and backing the House Dems but he cannot come out right now and say much of anything. He has to let House members take the ball and run.


238 posted on 09/28/2008 12:03:10 PM PDT by PhiKapMom ( BOOMER SOONER -- VOTE FOR McCAIN/PALIN2008! LetsGetThisRight.com)
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To: Carismar

ACORN is not in the “final” bill proposed.


239 posted on 09/28/2008 12:04:04 PM PDT by SlapHappyPappy
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To: roamer_1

You don’t have a clue what is happening with that statement. The House members asked for McCain to come back and after meeting with McCain is when they said NO.


240 posted on 09/28/2008 12:04:38 PM PDT by PhiKapMom ( BOOMER SOONER -- VOTE FOR McCAIN/PALIN2008! LetsGetThisRight.com)
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