thank, for the clarity.
Posted on 09/25/2008 4:40:18 PM PDT by Zakeet
After days of intense bipartisan negotiations and meetings today at the White House, the deal to bail out staggered investment banks may be dying amid partisan finger-pointing.
Republicans blame Democrats. Democrats blame Republicans, and a key Democrat even pointed a finger at Republican presidential nominee Sen. John McCain.
House Financial Services Chairman Barney Frank, D-Mass., told Democratic colleagues that McCain's sudden heightened involvement in the negotiations has destroyed chance of an agreement, sources told ABC's George Stephanopoulos.
Frank compared McCain's involvement to "Richard Nixon blowing up the Vietnam peace talks in 1968."
(Excerpt) Read more at abcnews.go.com ...
sounds positively rovian. I like it.
Of course there's no way the rats in congress would give the impression of helping McCain. They'd sooner see the country suffer than to actually help.
“And he is lucky his really good friends don’t have to look him in the face”
Now that’s funny.
It's going to get nasty...
I think that, unfortunately, was being proposed as part of the “compromise”. It was not part of the original bill, which was only three pages long, though the bill did leave open the possibility of purchasing some distressed loans. Because 90% of the problem is with the securities, and not the underlying loans (which, again, are mostly already covered by the taxpayers through Fannie and Freddie), it’s unlikely that actual loans would have been a significant part of the final package.
Do you disagree with my post? Your reply doesn’t make it clear
Sen. Richard Shelby was just on CNN saying he ain’t buying this pig. No Paulson plan or Son of Paulson Plan.
Neil is right. Listen, I trade with these Wall Street people everyday. Never, ever, ever assume that Wall Street types have your interests in mind. They operate in a sort of Machiavellian morality-free zone. By and large, they’re jerks. And Hank Paulson is one of them.
So when these Wall Streeters come and tell you that you have to give them your money or else the system will fall apart and we’ll all starve to death and every firstborn son will be killed, you should take it with a grain of salt the size of Mount Everest.
These folks are very good at finding out ways to make profits out of every situation. It is what they’re paid to do. So you can rest assured Wall Street executives have already figured out a way to make an obscene amount of money off of taxpayers.
No, I don't disagree at all.
If anyone believes the Democrats care a fig about what happens to US as long as they can skewer an innocent Republican (and certainly help a liberal), then I have a bridge I’ll sell you. Cynical. So many cynical faces so twisted with perversion it sickens any normal person. Ironically, in a sane world, it is Barney Frank, Chris Dodd, Barack Obama, Jamie Gorelick, Obama’s buddy Raines, Johnson who would be facing legal action right about now for their part in this mess. I wish the FBI would find a way to prosecute them.
Chennault played a crucial role on behalf of the Nixon campaign in the wrecking of the 1968 Paris peace talks which could have ended the Vietnam War. She arranged the contact with South Vietnamese Ambassador Bui Diem whom Richard Nixon met in secret from July 1968 in New York. It was through Chennault's intercession that Nixon advised Saigon to refuse participation in the talks, promising a better deal once elected. Records of FBI wiretaps show that Chennault phoned Bui Diem on November 2 with the message "hold on, we are gonna win." President Nguyễn Văn Thiệu obliged and the talks achieved almost no progress by the time Johnson left office.
Obama is pouting and whining that the presidential candidates don’t belong there because of partisan politics. The messiah is too important to be wasting his time on this trivia.
Well what the hell does Obama think the job of President entails, sitting about and going on vacation and flying about in his pretty jet.
If he hasn't killed it, he surely has reduced it's scope. - We'll have to wait til tomorrow for the obit, or triage report.
You two live in battleground states? You like the idea of Obama working hand-in-hand with the jackass Congress taxing and spending trillions, placing ACLU libs on the USSC, promoting homosexuality as a major feature of the military,
promoting baby killing, etc? They could hold onto the presidency for 8, 12, 16 or more years. Saying you won’t vote for McCain was okay during the primary when there were better alternatives, but please not now that the ticket is McCain/Palin and the opponent is a bona fide bone-headed socialist.
Obama’s afraid he’ll have to actually cast a high profile vote (with “Present” not an option).
I think there’s probably an old 17th amendment thread somewhere here. You’re right that the 17th amendment affects the election of senators, not reps. I think that states cannot currently choose to place term limits on reps, and they definitely cannot for senators (though before, they could as the method for choosing senators used to be up to the states). A repeal of the 17th amendment could also expressly reserve a right for states to limit terms of reps. I am not necessarily a fan of term limits, per se, btw. Just thought I’d throw that out there, though I do think think the 17th amendment needs to be repealed for other reasons (senators were supposed to represent the state governments, not the general population of the states; now state governments have no representation in the federal government which, consequently, is not a true federal government anymore).
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