Posted on 09/29/2008 6:04:34 PM PDT by goldstategop
Tennessee Republican Marsha Blackburn was among the conservative Republicans who bucked both parties’ leaders to kill the Emergency Economic Stabilization Act of 2008 on Monday. She explained her reasoning to National Review Online editor Kathryn Lopez.
Kathryn Jean Lopez: Monday morning on Bill Bennett’s radio show, you said you were leaning “no.” What solidified that no?
Marsha Blackburn: Hearing from my constituents in the district solidified the “no” vote. We had phone calls and e-mails by the thousands. They did not want a bill that would favor Wall Street over the taxpayer.
Lopez: Are you concerned by your vote you might have played a role in a pending market collapse?
Blackburn: The markets like certainty. We know that. We also know that the bill before us today did not solve the underlying problems. Some provisions that could have immediately addressed the liquidity issue, such as mark-to-market, uptick rule, increases in FDIC insurance could be done with immediate rule changes should be done.
Lopez: Are you worried you might have just helped hand the election to Obama?
Blackburn: I don’t think this is handing the election to Obama. A more solid solution, crafted this week, will restore confidence in the market and in Congress. I do think it is important to get this done right so that we preserve free markets for the future.
Lopez: Some on the Right are arguing “no” votes were irresponsible. Why do you think they’re wrong?
Blackburn: The responsible action is to pass the most effective legislation in as short a time frame as possible. The bill before us didn’t do that. It leveraged too many federal assets and too few Wall Street assets. It also ignored some market-oriented solutions that could be carried out immediately. Again, I’d look to options like mark-to-market reform, increases in FDIC insurance, etc.
"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
Sounds like Kathryn Lopez though has gone native.
Blackburn is so disconnected from reality here. When things get really bad, the sheepish out there are going to look to the Democratic party for chump change.
Yes, Marsha. You may have just handed the election to Obama.
"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
President Obama has ideas that would make this bill look fiscally conservative.
“Awesome Marsha Blackurn” ping
"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
You need to stop spouting this crap, young 'un. There is no way this "handed the election to Obama." Are you wishing it to be so? spreading your downers around FR?
Snap out of it. This thig was a “crap sandwich”. It did not even get rid of the gov’t mandates that forced the problem to begin with.
To: goldstategop
Blackburn is so disconnected from reality here. When things get really bad, the sheepish out there are going to look to the Democratic party for chump change.
Yes, Marsha. You may have just handed the election to Obama.
Country First! This is why we love Marsha. I think the older folks will appreciate what the conservative Republicans have done and vote accordingly.
Oh come now, do you really believe in this crap?
Seriously, it is 5 weeks until the election...a lot can happen. Remember, Obambi supposedly had the fix in for this.
I just truly believed we would win this election. I felt it in my heart until this afternoon. And then the air was gone all at once.
I wanted to jump through the tv and shake Mike Pence. “Mike, I agree with you, but save these battles for after the election”. “we have bigger fish to fly”. like AlQaeda and Putin.
I am a 9/11 Republican.
"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
Blackburn is so disconnected from reality here. When things get really bad, the sheepish out there are going to look to the Democratic party for chump change.
Yes, Marsha. You may have just handed the election to Obama
SORRY. WRONG ON SO MANY COUNTS. 1. BLACKBURNS DUTY IS TO HER CONSTIUENTS NOT TO THE REPUBLICAN PARTY. 2. BLACKBURNS DUTY IS TO DO WHAT IS BEST FOR AMERICA, NOT NECESSARILY FOR THE REPUBLICAN PARTY. 3. OBAMA IS STILL A LOSER COMMUNIST WANNABE AND IS NOT GOING TO BE ELECTED BY A MAJORITY OF AMERICAN CITIZENS.
Obummer is up to his ears in this collapse.
Pray for W, Gov Palin and Our Troops
Do you really think that passing this monstrosity would have helped McCain?
"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
Damn, I wish she were my rep. I’m stuck with the running unopposed pelosi lapdog tanner(but he’s a bluedog lapdog)What a frigging joke
Suggestion...rather than complain about a good conservative staying principled, rally yourself. Pull yourself together and get fired up.
Get off your butt and get out there and spread the word about who caused this mess! Use your disappointment as motivation to spread the word to the many who don't know all of the background behind the story.
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