Unbelievable ping!
The reality is that DEMOCRATS SAW IT AS A VOTE-GETTING OPPORTUNITY.
Very interesitng...thanks for posting.
“After the meeting in the White House with the Presidential candidates, it was reported falsely that there was - before the meeting - a basic deal. Those reports were obviously contrived so the Democrats could say Sen. John McCain blew it up by coming back. There was no deal. The reports of the early deal were just as truthful as when Rep. Barnie Frank said a few years ago that Fannie Mae and Freddie Mac were solid and we didnt need reforms nor did we need to worry. He was wrong then too.
What was not initially reported is that everyone spoke at the meeting. When it was McCains turn last, everyone anticipated him reaching across the aisle so he could claim he was a peace-maker and got a deal, no matter how bad it was for conservatives or American in general.
All the reports I heard said that the meeting broke down with loud yelling and that McCain never really said much during the whole meeting. That is true, but what he did say was that the “...House Republicans are right on this one.”
All heck broke loose! The Democrats expected him to be political; not principled. How could he disappoint them? But McCain did disappoint: the Democrats, not the Republicans.”
***
Of course, the most important words in that passage are a microcosm of how the Fifth Column is trying to throw the election: “IT WAS REPORTED FALSELY.”
If Bush is so smart how come he's falling for this?
~~snip~~
As the great Robert Novak reported in October 2007, the former Goldman Sachs CEO does not act or sound much like a conservative Republican to the GOP remnant at the Treasury. “It’s not in Hank Paulson’s DNA,” one official told me. Is he loyal to Bush? “Hank is for Hank,” he replied.
Secretary Paulson had said that it might take 10-20 years to hold the assets before they achieved their appropriate value. Only the federal government had the patience, America was told, to manage these assets correctly! The federal government cant even keep the same tax incentives in place for 2 years in a row. Congress often changes its mind and so do administrations. Why should we believe this is going to work?
~~snip~~
After the meeting in the White House with the Presidential candidates, it was reported falsely that there was - before the meeting - a basic deal. Those reports were obviously contrived so the Democrats could say Sen. John McCain blew it up by coming back. There was no deal. The reports of the early deal were just as truthful as when Rep. Barnie Frank said a few years ago that Fannie Mae and Freddie Mac were solid and we didnt need reforms nor did we need to worry. He was wrong then too.
What was not initially reported is that everyone spoke at the meeting. When it was McCains turn last, everyone anticipated him reaching across the aisle so he could claim he was a peace-maker and got a deal, no matter how bad it was for conservatives or American in general.
All the reports I heard said that the meeting broke down with loud yelling and that McCain never really said much during the whole meeting. That is true, but what he did say was that the “...House Republicans are right on this one.”
All heck broke loose! The Democrats expected him to be political; not principled. How could he disappoint them? But McCain did disappoint: the Democrats, not the Republicans.
~~snip~~
OK, I havent really discussed the Presidents role in all of this. Understand: he is very smart; one of the wittiest, most likeable people you could ever be around. He suffers from a couple of problems. One is that he speaks like a Texan and, as Jeff Foxworthy says, When people hear you have a southern accent, they immediately deduct 50 IQ points from how smart they think you are.
President Bush just believes his friends would not ever manipulate him (at least he doesnt until they write a book and prove that they would and did.) He believes what Sec. Paulson and his minions have told him. But it should be noted that after the Presidents address on television, there were a number of us — led by Rep. Thad McCotter who believed we should be entitled to a Republican response.
So, there you have it. Pray for our nation. May God help us all.
~~end~~
Bush was rolled by Paulson and he and the Democrats just screwed us all.
Pray that the House Republicans continue standing on principle! Hang tough guys. Our freedom depends upon it!!
Bookmark for later.
This entire crisis is something that has been coming for years and is a direct result of the effort by the democrats to 1st set up the financial markets and institutions to extend credit where it never should have been extended in the first place to make home ownership possible for people who could never afford it. And 2nd to transfer wealth in a massive way such that their sweetheart people and institutions benefited immensely who then repaid the politicians with campaign contributions and even positions when they left office...or positions to those who were close to those same politicians.
Now that it has failed, those same people were going to be made to benefit from it and we the people (as a part of the transfer of wealth and marxistic desires pf those who crafted this whole mess) are going to be put on the line.
...and when you look hard at it, you find that Barack Hussein Obama is up to his eye brows in the entire scheme.
Congress to the American public: Screw you.
How true!
'But McCain did disappoint: the Democrats, not the Republicans.'
I like this part.
Bump (for a later read).
WaMu CEO Alan Fishman Gets $18 Million Golden ParachuteAlan H. Fishman, the CEO of Washington Mutual, will likely be unemployed after only a few weeks on the job. But don't cry for Fishman. He's set to walk away with about $18 million in bonuses after his three week stint at the failed savings and loan giant. His "golden parachute" is raising eyebrows, particularly because of his short tenure at WaMu. Washington Mutual was the nation's largest savings and loan. It was taken over Thursday night by federal bank regulators and then sold to JP Morgan Chase for $1.9 billion. This, as lawmakers continued to work on a $700 billion bailout for bad debt in the financial industry. According to the Securities and Exchange Commission, Washington Mutual gave Fishman a $7.5 million bonus when it hired him on Sept. 8, and guaranteed him $11.6 million in severance if he was terminated, the so-called "golden parachute" that has created controversy when failed executives walk with huge rewards. Fishman also was eligible for annual bonuses of up to 365 percent of his annual base pay of $1 million
http://www.associatedcontent.com/article/1066149/wamu_ceo_alan_fishman_gets_18_million.html
All heck broke loose! The Democrats expected him to be political; not principled. How could he disappoint them? But McCain did disappoint: the Democrats, not the Republicans.
If this is true, and I have no reason to dispute it, I have new found respect for McCain. Although, it does say "all the reports I've heard" and not first hand knowledge.
ping-a-ling
Americans must DEMAND an investigation of all of this.
It is only a national crisis because Washington has gotten involved. Water is pouring through the hull, via holes they created by law, and they figure they can ease the flow of those leaks by poking other holes.
Far as I’m concerned they are all criminally incompetent.
ping
Bookmark for later
Someone please explain to me - how will shares of sold assett go to the tax payer or worded by others, ‘when assets sold, the benefits will go to the tax payers’? Exactly how will the sold assets go to the tax payer? Sounds like a bunch of mumbo jumbo gibberish vague talk to me.
Excellent....