Posted on 09/28/2008 3:20:58 PM PDT by Dawnsblood
The House website is down. I’ve uploaded the most recent bailout draft bill right here.
Good man. Can’t wait to get a GOP majority back in Congress.
Do we know the status of Harry Reid’s attempt at sneaking a renewal of the oil shale ban back into the bill?
It means that Talk Radio, Fox News and FRee Republic are off the air...
I think it was hidden in Sec 124 - HOPE for Homeowners IIRC
What is the procedure for recalling Senators from Washington?
I think states did that just before the war between the states started, didn’t they?
It might be time we called our representatives home too.
If half of what they tells is true, that is the real reason for this.
China, Europe, and Russia hold huge amounts of our debt. If we don’t bail them out, they will crash. Which will hurt us as much as them.
Good man. Can’t wait to get a GOP majority back in Congress.
Do you have a clue when that might happen?
As a point of reference, in 2000, the national debt was under 6,000,000,000,000 (six trillion).
That's compassionate conservatism for you--Dubya style .
Reagan was a great orator. He was able to take his message to Americans who then put pressure on the more conservative Dems. The ability to reach the average person clearly is lacking in this administration.
You also have some good ideas to pull the GOP together. I still stand by analysis of why we are where we are, but am hopeful that there are solutions to get the spine back in the GOP. Implementing your ideas would go a long way to making it happen.
LOL If those offering up Republican Congresspersons as sacrifices know so much, then maybe THEY should run for office.
Some time in January 2009.
The House website will be down because the House will do as it pleases, and we’ll let them.
Section 15, page 40 still has the language making the 700B a revolving credit amount - not a cap.
" such authority shall be limited to $700,000,000,000 outstanding at any one time. "
Clever. They could pump Trillions through this pipeline, 700B at a time. These people are NOT to be trusted.
Would someone who has the knowledge to find it, please respond to info@antimullah.com and indicate if the ACORN slush fund in the bailout bill is still hidden somewhere in there or has been removed. If not we may be scr**ed in this election.
>>What does this mean?
It means prepare to be baffled by Bovine Fecal Material; cause they sure ain’t dazzlin’ us with their brilliance.
It could be hidden in something that gives general authority to the government to do things as needed at a later date, I would hope that the final draft would spell things out precisely. I do not trust the DEMS. But since the Repubs know the DEM tactics, I am sure they will make sure it is not included in a loophole.
Seems to me that we are screwed no matter what.
Acorn aside..It is a government bail out of private business, and Shold NOT happen.
But who the hell am I to say that? A voter? A citizen?
I don'tknow, I know that Congress doesn' give a krap one way or the other what I think.
I belive however, that that is called...TYRANNY.
And don’t forget the committee—I forget what it’s called— of Reps and Sens that will actually take the House and Sen versions and pound out the final bill. There’s still a ways to go with this thing.
However, I have come around to believing that we don’t really need a bail out. As I’ve been trying to sell my house for almost a year the bail out would no doubt help me in that endeavor. I say that to demonstate I have not come around to this conclusion on a whim.
What we really need is: 1. For the all the people who participated in almost killing our economic system to be held accountable one way or another. 2. Bans on ploys like naked short sales, credit default swaps and spoofing. 3. Make it illegal for politicians to make law or write lending and investment rules that are meant to achieve social and/or political objectives. 4. Privatize Fannie and Freddy so they are forced to operate like a real business.
In the matter of the US Automaker bailout, I find it unacceptable that Chrysler is being allowed to come back to the trough a second time.
And that is precisely the danger with the Wall Street and mortgage lender bail out. Barbara and Chuck ordinary citizen is not calling for the bail out. It is the very people who perpetrated these scams on us in the first place—the lending and investment community and their political enablers. They not only want to enjoy the rewards of their bad behavior, they want to innoculate themselves from retribution for future bad behavior.
I see nothing in the bail out that addresses that issue. And, frankly, I don’t give a flying pig about those people who signed up to loans they knew—or should have known—they couldn’t pay.
If Obama gets in we will have a Secretary of Acorn. their seal will be a large squirrel gazing at an acorn!
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