Posted on 09/27/2008 8:42:05 AM PDT by mathprof
The seeds of the House Republican revolt over the financial industry bailout were sown in an e-mail message circulated Monday night as internal animosity built quickly over the Bush administration’s request for $700 billion to prevent an economic collapse.
In a message to members of the conservative Republican Study Committee, leaders of the bloc of more than 100 lawmakers solicited ideas, calling for a “free-market alternative to the Treasury Department’s proposal so that, regardless of how individual R.S.C. members vote on final passage, House conservatives have something to be for.”
As the week progressed, it became abundantly clear that one thing conservative Republicans were most certainly not for was the Treasury plan, prompting them to begin searching for an alternative to avoid the perception of strictly being naysayers.
By the end of Friday, at least a portion of their alternative seemed likely to be included in the broader proposal as a sweetener for Republicans, although closed-door negotiations continued into the evening on Friday, and the contours of the final package remained in limbo.
After years of acceding to the White House on a variety of initiatives despite deep misgivings, House Republicans found the administration’s latest proposal to be too much to swallow.
[snip]
They also complain that Treasury Secretary Henry M. Paulson Jr. has been too quick to bargain mainly with Democrats, led by the House Speaker, Nancy Pelosi of California, and Representative Barney Frank of Massachusetts, not only on this plan but on the stimulus proposal earlier this year, a subsequent housing bill and other economic measures.
[snip]
For example, in advance of the president’s speech Wednesday, Representative Thaddeus McCotter of Michigan, a member of the Republican leadership, sent out this statement expressing his pique: “Who’s giving the Republican response?”
(Excerpt) Read more at nytimes.com ...
REVOLT>> Now you are talking my language. How can we have a Taxpayer revolt?
Doesn’t sound like they’ll be able to. Democrats have decided on tactics (since that’s all that matters to them I might add) and are going to drive a big wedge between conservatives and Bush. At this stage in the game, it may be just as well.
certainly the last straw. Enough is enough. No to bailout! Any Republicans who vote for it should be voted out. Search for capitalist ideas to solve the problem
DITTO: And the only thing that will save McCain’s candidacy, IMO is if he votes AGAINST any measure that gives an ounce of dough to Wall-Street!
Bush and the Democrats (and their RINO cousins) are in the sack together preparing to rape the American taxpayer. When will we finally say, “enough is enough”?!?!
"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
I already say enough is enough. I just do not know what to do about it. Obviously just voting will not work anymore. WHAT CAN WE DO???
That’s a very accurate picture you painted with those words.
Woo Hoo!! Give ‘em HELL, boys!
Whatever, the Beaten Wife Conservatives always show up for the election. No matter how bad you treat them, they will support you.
Well, what's the modern equivalent of 1773's tea?
??
???
"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
I am extremely proud that Paul Ryan is my Congressman. He is one of the brightest spots in the Republican Party and in times like this, would have been a BRILLIANT pick for McCain’s VP.
They won’t be able to because they are on the wrong side of history this time. If they wanted to stand up to W they should have done it back in 2001 when the pork was flying around because of the “new tone in Washington,” and maybe there wouldn’t be such a big mess today.
"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
I keep asking, “Why the urgency?” I mean, we don’t know the market won’t clear. We don’t even know if we’re in a recession yet.
Don’t get me wrong, we probably are in a recession. Let’s at least wait until we know before we jump further into socialism.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.