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'No deal' on Bush bail-out plan
Press Association ^ | September 25, 2008 | Press Association

Posted on 09/25/2008 2:56:53 PM PDT by counterpunch

President George Bush's emergency meeting to solve the economic crisis in America failed to reach an agreement, a top senator involved has said. Senator Richard Shelby told reporters outside the White House that he did not believe there was an agreement and that the proposals by US Treasury Secretary Hank Paulson constituted a "bad plan". Both presidential candidates John McCain and Barack Obama were taking part in the meeting after being invited by Mr Bush on Wednesday. The president has said a 700 billion dollar (£380bn) rescue plan needs to be agreed "immediately" if the United States is to avoid a "financial panic" and a "long and painful recession". Spokesmen for House speaker Nancy Pelosi and the US Senate Majority leader Harry Reid told reporters that there were "ongoing discussions" and no statements would be made outside the White House. Asked if there was an agreement, one of the spokesmen shouted: "We're still working on it." Mr Shelby's comments shocked US political pundits who had widely expected an announcement that the plan had been agreed. Mr Bush increased pressure on the plan's negotiators on Wednesday night in a prime-time address to the nation, saying that the United States' "entire economy is in danger" and "major sectors of America's financial system are at risk of shutting down". He met with both presidential candidates and leading US politicians on both sides of the House in a bid to help solve the financial crisis after addressing the nation on Wednesday night. Earlier, Chris Dodd, chairman of the Senate Banking Committee, said he was "very confident" that the US Congress could now act "expeditiously" and approve the plan following a closed door meeting on Capitol Hill.

(Excerpt) Read more at ukpress.google.com ...


TOPICS: Breaking News; Business/Economy
KEYWORDS: 110th; bailout; bush; nodeal
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Senator Shelby was the only member of the White House meeting to make a statement to the press, who had all gathered waiting for the Messiah to make a proclamation to his flock.

Instead, 0bama snuck out the back door to run back to the hotel where he could have his puppet-master's hand firmly inserted in his rectal cavity before moving his lips.
 
1 posted on 09/25/2008 2:56:55 PM PDT by counterpunch
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To: counterpunch

Here’s some quotes from Dodd, hot off Dow Jones Newswire:

“Meeting was contentious”
“Nothing more than a rescue plan for John McCain”
“Paulson needs to choose who’s side he’s on”
“I won’t be going back to the White House”

and finally, paraphrasing

“I’m outta here”

Wow, what a pissy little b!tch.


2 posted on 09/25/2008 2:59:46 PM PDT by jsh3180
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To: counterpunch

>> 0bama ... have his puppet-master’s hand firmly inserted in his rectal cavity before moving his lips.

Oh! Now I get it! THAT’S why we don’t see the strings when he’s up at the podium.

I have long wondered about that.

I didn’t realize it was one of those poop-chute-style thingies.

Thanks for enlightening me.


3 posted on 09/25/2008 2:59:47 PM PDT by Nervous Tick (I've left Cynical City... bound for Jaded.)
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To: counterpunch
Did Bush invite Hussein or did he tell him to get his rear in gear and get back to work? That or his handlers told him to be “present” in Washington so it'd look good. Either way, he's not there on his own accord.
4 posted on 09/25/2008 3:00:54 PM PDT by itsthejourney (Sarah-cuda IS the right reason)
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To: counterpunch

This might be the best game of chicken I have ever seen.


5 posted on 09/25/2008 3:02:23 PM PDT by mlocher (USA is a sovereign state.)
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To: counterpunch
Just finished listening to Chris Dodd being interviewed by Wolfie Blitzed. Dodd was NOT HAPPY--which makes me happy! Said the Pubs had some different "principles" than what "we"--the Dims--had agreed upon. Also said that he didn't know what McCain had said at the meeting. Wolfie also is now waiting for Obama to "step up to the microphones" at--a Mayflower Hotel??

Anyway--sorry for the "excursion" into CNN--but all FOX had on was the Anthony story. GRRR! They need to keep on top of this story. Hopefully Brit Hume will do it for them--and us!

6 posted on 09/25/2008 3:02:26 PM PDT by milagro
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To: counterpunch

John Gibson on Fox News reporting that Jim Johnson is still working with the Obama campaign. He’s working specifically with Tom Daschle on a special meeting with Hillary supporters next month. Info came from Politico.com


7 posted on 09/25/2008 3:02:33 PM PDT by mass55th (Courage is being scared to death - but saddling up anyway...John Wayne)
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To: Nervous Tick

Good news! I love it when Dems get their panties bunched up in a big fat wad...this affects all Americans, dang it and we DON’T WANT GOV’t taking control. They BOTCH EVERYTHING UP...I’d rather see Wall Street, the markets,etc take a plunge and have the economy tank and then start to fix it through FREE Market inventives, not big gov’t politicians who all got rich off REAL ESTATE INVESTMENTS.


8 posted on 09/25/2008 3:04:22 PM PDT by princess leah
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To: jsh3180

Chris Dodd belongs in jail. Seriously, I cannot believe that sleazeball is going to skate. He should be embarassed to show his face in public. The American people should be screaming for him to go to jail. Too bad we have a dishonest press. How can the American citizenry make good decisions when the press is dishonest and gives them bad information?


9 posted on 09/25/2008 3:04:23 PM PDT by KansasGirl (READ MY LIPSTICK!!!)
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To: milagro
all FOX had on was the Anthony story.

And this surprises you about Faux News because....?

10 posted on 09/25/2008 3:05:08 PM PDT by Old Sarge (Went to sleep with Palin - woke up next to McCain...)
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To: jsh3180

“Nothing more than a rescue plan for John McCain”

WTF? If the bailout plan works (and it won’t, at least insofar as the average voter will notice), does anyone think the media will give George Bush or John McCain credit (no pun intended) for it? Ha!


11 posted on 09/25/2008 3:05:42 PM PDT by Tublecane
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To: counterpunch
According to the President, "entire economy is in danger" and "major sectors of America's financial system are at risk of shutting down"

Last night I heard him say credit is drying up.

If so, why do I keep getting unsolicited, pre-approved credit card offers in the mail, and daily phone calls offering me mortgages?

12 posted on 09/25/2008 3:06:26 PM PDT by foxfield
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To: Tublecane
“Nothing more than a rescue plan for John McCain”

Isn't that what it is supposed to be??? A plan that rescues the economy from disaster? Nothing more??? What else do the RATS want??? Oh I forget they want to add ornaments on the Christmas tree! Give me a break. The Rats are always trying to push things by, but no way this time.
13 posted on 09/25/2008 3:09:39 PM PDT by LegalEagle61 (If you are going to burn our flag, please make sure you are wearing it when you do!)
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To: mlocher

Thanks for the chuckle. :)


14 posted on 09/25/2008 3:09:48 PM PDT by Nickname
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To: milagro

“THE MAYFLOWER HOTEL”

Maybe Obama is an Understudy of Elliot Spitzer?

and is the rumor true that Larry Sinclair is staying at The Mayflower today?


15 posted on 09/25/2008 3:09:50 PM PDT by NOBAMA in 08 ( OBIE HUSSEIN IS AN EMPTY SUIT with NO Redeeming Value!)
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To: Old Sarge

No, unfortunately. But now Special Report is on this story—seems like the general consensus is that—there was NO CONSENSUS. And that sounds promising.


16 posted on 09/25/2008 3:10:31 PM PDT by milagro
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To: itsthejourney

Despite everything that the pols say on the road, when the president summons, they go.


17 posted on 09/25/2008 3:10:43 PM PDT by ichabod1 (T it has a gun in its hand.)
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To: mass55th

I saw that about Johnson! That is OUTRAGEOUS especially at this time! Johnson should be in jail! How will he spin this????


18 posted on 09/25/2008 3:11:08 PM PDT by LegalEagle61 (If you are going to burn our flag, please make sure you are wearing it when you do!)
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To: milagro

The Mayflower? The Washington Hilton not good enough for the Messiah?


19 posted on 09/25/2008 3:11:19 PM PDT by rabidralph (She shoots, she scores!)
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To: foxfield
why do I keep getting unsolicited, pre-approved credit card offers in the mail, and daily phone calls offering me mortgages

You are probably a person who has a steady income and pays his bills on time.

If the banks don't get bailed out, from now on they will ONLY feel comfortable loaning to people like you.

Can't have that, can we???

20 posted on 09/25/2008 3:11:38 PM PDT by Notary Sojac (I'll back the bailout if Angelo Mozilo lets me borrow his Lamborghini on Saturday nights.)
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