Posted on 09/30/2008 1:55:06 PM PDT by RonnieFan
A Rasmussen poll yesterday found that opposition to the bailout fell dramatically. 33% of Likely Voters now favor the plan while 32% are opposed and 35% are not sure.
If the House Replicans continue to improve the plan and reduce the direct taxpayer risk in a final bill that passes, McCain could get credit for the better bill. Plus if Republicans are seen as the ones that "fixed" the bill, McCain will indirectly benefit.
Although I, like many, would prefer a no bailout position, if McCain did that and a bill passed any way that would be political suicide as more and more people believe it is necessary and the MSM would work overtime pushing that. If no bill passed, the MSM would blame all subsequent bad economic news on McCain regardless of true cause.
Only 35% of media viewers want this monster. Amazing. Maybe there is hope. I do not believe a word of what the media or government says anymore.
Any bill that improves McCain’s position for the presidency will never come to a vote.
I don’t disagree, but step 1 would be to stop blaming the Republicans and start embracing most of their ideas.
As long as no handouts are in the bill I think you may be right. McCain still needs to take the free market and talk about what led to this mess. There is one thing about not wanting to be partisan but their is nothing wrong taking credit where credit is due and John McCain saw this mess coming and he needs to let everyone know this and then go into how to fix it. The one benefit is that the Republicans opposed the bill by large. They will benefit from this. I think this is something that Morris and others are missing. The GOP is seen as positioning themselves against Bush and the Democrats are being seen cozying up to him. They are not blaming John McCain and Republicans unilaterally especially in Battleground states.
It’s gonna happen, no point thinking it won’t.
So we get the best crap sandwich on nice fresh bread rather then the soggy cheap moldy one.
It looks better!
Oof.
Seems most of the talkers on our side take great pleasure in bashing McCain.
Something in their DNA I guess.
Sad.
Luckily he picked Palin. So many might bash him, but they will vote for McCain/Palin.
I hope he has one more "surge" left in him in order to get this gap closed and have a fighting chance at the Presidency. Nothing he is doing right now is helping at all, but there is still some time left.
Pray for a miracle.
If it wasn’t for McCain bashing on the right, he might have picked Joe Lieberman or Lindsey Graham as his running mate. McCain does fine when he actually takes some of this stuff to heart and improves.
FOOK THIS POLL.
Yesterday 75% of voters DID NOT WANT THE BAILOUT.
NOTHING HAS CHANGED
NO NO NO BAILOUT!!!!!!!
Market Update
4:20 pm : Tuesday’s session marked the S&P 500’s best day in six years after having its worst day in 21 years on Monday. Buying interest was fueled by short-covering, bargain hunting .
The stock market settled near session highs will all ten sectors posting a gain. Financials led the way with an 13.1% gain, followed by a 5.8% rise in energy stocks. The utilities sector underperformed on a relative basis with a gain of 1.3%.
The S&P’s advance of 58.34 points, or 5.3%, is more than half of Monday’s plummet of 106.85 points, or 8.8%. The catalyst for the selling on Monday was a rejection of the financial relief bill by the House of Representatives, which sparked concerns that the increased turmoil in the credit markets would weaken the broader economy.
To that point, credit markets did in fact tighten further. Overnight dollar Libor — which measures the rate banks charge each other for overnight loans — spiked 431 basis points to 6.88%. Libor increased across all terms, which range from overnight to 12 months, indicating that banks were very reluctant to lend to each other.
The Fed’s aggressive measures to increase liquidity, including a $20 billion 28-day repo operation earlier this session, did have some benefits as the session progressed. Prior to the stock market open, the fed funds rate — which is the interest rate that depository institutions lend their Federal Reserve balances to other depository institutions — rose as high as 7.00%, according to Reuters. The rate then retreated to 1.50%, which is below the Fed’s target rate of 2.00%.
McCain will only be safe if he votes with the people and not the $700 billion boondoggle
We don’t want ANY stinking bill! Take a recess and don’t come back. We will be just fine without you.
80% oppose it one day and only 30% the next day. Yeah right! The only way this happens is a nicely crafted push poll.
There have been a lot of posts saying that Palin will probably tow the non partisan line BS being belched out by McCain. I think it’s possible that the exact opposite will happen because Palin fans expect Palin to be aggressive. Her parents have been interviewed quite a bit lately and both have said “Sarah speaks her mind, gets what she wants and what she deserves”. The parents just may be the conduit (purposely by McCain camp) to getting America ready for a BO/Biden bash this Thursday. IMHO.
That was then this is now.
Our way of life is at stake.
Nothing like a 1000 point drop in on the Dow to convince people there may really be some serious problems.
McCain is Fine...while Obama rats are getting Kumbaya by the Boss...McCain should have a town meeting with some Repubs, Newt, Dave Ramsey, and answer some qustions on a live forum!!!!!
Let Obama have his hollywood show! McCain can do some straight talkin!
So, I guess a record rise today will have everybody flipping again. No way that poll is legitimate.
Opposition to the bill has not decreased. Americans’ understanding of it is fluid. It will spike by the end of the week.
McCain knows this and that is why his position is nuanced and fluid.
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