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...
Completely false.
House Republicans were never on board, and said so before McCain ever set foot in DC.
“If the credit markets seize and the MTM issue remains, how long before bank runs start?”
When the FDIC just took over WAMU and gave it to JPM then they wiped out all the bond holders. Even the preferred ones at the very top. This is not normal practice, but it saved the FDIC money. Bond holders in other banks are saying “Hey wait a minute”, and are now selling there bond holdings in other banks. This means banks are losing capital very fast right now. Besides depositor withdrawals.
Every move the government is making is the wrong move. And they have ensured that our economic system is most likely going down big time. The bail out bill would not stop it. Only transfer more pain onto the tax payer. It is another bad move.
Republicans are doing what should have been done a long time ago. But it is so late in the game. What they are fighting for now (I hope still) was the way out. It might be too late. But the Conservative Republicans will not be the blame for that if it is. But they will probably be blamed for it.
God will know the truth.
Thank you for the link...just fired off a note of encouragment to him!
Listening to this, the Congressman from MI needs to do an explanation of the meaning of Republican terms like he did for the Democrats.
Then what will happen when OUR party is blamed by the driveby's causing McCain to lose to a empty suit.
We will not get everything we want....we seem to forget we don't control squat any longer in Congress......we can nibble at this thing on the fringes....but only nibble.
There comes a time when we got to just shut up and vote on the damn thing.
Enough is enough.....this isn't play money that will be lost when markets start to fall.
There that feels better......and I know I will get flamed for this post........so be it.
The democrats will pass this bill, reagrdless of Republican agreement, and mediawhoredom will give them the cover they need by painting the changes as sourced from the almost blackman messiah, but the result will remain the same, socialism by threatened implosion. Your effort to attack McCain are not as stealthy as you imagine, son.
>>>>>>Obviously Obama thinks he is above his own CIC.
>>>Presidents are CIC of military - last I knew, 0bama isn’t in the military.
CIC also stands for head of government.
I am not trying to suppress anything.
I am just looking at the facts as they are without benefit of Kool-Aid googles.
We are not democrats.
Our support of a candidate does not require blind adulation and deification.
I’VE WRITTEN BOTH MY U.S. SENATORS (Both Republicans) AND ASKED THEM TO SUPPORT THE HOUSE REPUBLICANS.
Has everyone else (who is like-minded) done the same?
You are correct. I agree with your statement 100%. Bummer.
This guy is giving a BJ to Dodds, Frank and Schumer.
“we would rather lose an election than compromise our principle. The market will correct itself. Yes it will hurt short term, but we will come out of it MUCH stronger.
And no doubt if Obama become president, the economy will be in much better shape and unfairly gets the credit for it”
I can’t tell if you’re being sarcastic. That’s OK.
I don’t conflate the two issues (what the market does & whether McC wins) at all. Maybe I’m wrong. I don’t believe anyone can predict the future. That doesn’t mean we don’t try!
My view is: IF the country/world is headed into a serious recession (economic) or a massive market dislocation (financial) then this bailout, IF it works (I think it won’t even do what it thinks it is supposed to do) it will not be able to change that outcome. If that outcome can’t be changed, then we’ll just be $700 bil (qudruple that for the final number) weaker for having done it, and be seen as ineffective for having tried something which is (to me) so obviously misdirected.
IF, as I think, the bailout PASSES but does not work as far as stabilizing markets, then there is no surer way to get 0bama elected. I don’t see any kind of win for the GOP supporting this bill. Indeed, I see the win for the GOP in steadfastly refusing to pass this bill. But of course, this would have to be driven home in the marketing sense and that’s the area the Reps are so utterly incompetent in.
My view is that if the Reps want to win this issue: They should utterly refuse to pass a bill proffered by Henry Paulson who is 1: a PROVEN LIAR 2: A Democrat 3: A loyal member of the clique of top-tier bankers who created this crisis and who have so far benefitted from all prior moves. 4: A FINANCIAL TERRORIST who stormed into Congress demanding a: unlimited plenary, unreviewable power b: and threatened to blow up the world if he wasn’t given that power. 5: in summary, an enemy of the sovereignty of the US.
It seems to me that McCAin is with the American people on this.
__________________________
He’s fence sitting and therefore looking indecisive and weak. I am praying we’ll see some guts from this man. If this were the crisis the dems claim, they’d forget the republicans and vote for the bailout, certain that they’re right. They’re not and that is the reason they want the republicans to buy in so that they’re covered when the bailout doesn’t work. McCain needs to show some guts and do what’s right. Blast the plan and be outraged at the dems for their political stunts and go after them.
Senator Gregg sounds very emotional.
Says not doing this would be catastrophic for our nation.
Puke, he is complimenting Franks.
>>>CIC also stands for head of government
In military regimes, sure. But not here. Yet. (roll eyes...)
Number 2 has not yet happened, number 5 is flat-out false, and polls are irrelevant even if number 5 were true.
What you conjecture has already been set in motion. This morning, on Face The Nation, CBS gave Obamessaih a tv forum on which to pose large lies that it was he who propsed the changes the Republicans have been trying to make to the bailout. That level of criminal abetting of gross lies for the democrat party is a sign that the end of this bill is already determined by the democrats in the House and Senate. The manufactured crisis was perhaps supposed to be the Hillary gift to pose her as savior, but Obama out clintoned the Clintons and now he is the media messiah whom the networks worship and serve.
I agree. NO BAILOUT!
Goes on to thank Frank,Pelosi,Paulson and Blunt.
All the more reason to just say no.
At the very least, restrict it to buying ONLY mortgages and ONLY from US companies.
I'm well aware that our US debt will be called as soon as we make that move, but what of it? It can not be paid and all have known it for decades. Let them call the debt and then squirm because there is no check in the mail.
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