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Bailout Falling Apart; House Repubs Not On Board
Fox News | 9/28/08

Posted on 09/28/2008 10:58:56 AM PDT by pabianice

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To: CaliforniaCon; Stentor

Can you say ‘martial law’? Read up on Honest Abe. Imagine Change a la Obama with that same zeal. Ugly. Bad. Really bad.


121 posted on 09/28/2008 11:30:21 AM PDT by narses (...the spirit of Trent is abroad once more.)
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To: mick
JAIL NOT BAIL! JAIL NOT BAIL! JAIL NOT BAIL!
122 posted on 09/28/2008 11:30:59 AM PDT by DRey
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To: riri

Sorry I just don’t see the Earned Income Credit canceling out all the Social Security taxes and sales taxes and gas taxes and property taxes and phone taxes and cable taxes (franchise fees) and school taxes that 95% of all Americans are hit with. You may be right, but I would have to see the proof to agree with you.


123 posted on 09/28/2008 11:30:59 AM PDT by Mark was here (The earth is bipolar.)
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To: Calpernia

>>>Obviously Obama thinks he is above his own CIC.

Presidents are CIC of military - last I knew, 0bama isn’t in the military.


124 posted on 09/28/2008 11:31:28 AM PDT by Keith in Iowa (ESPN MNF: 3 Putzes talking about football on TV while I'm trying to watch a game.)
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To: narses
If the credit markets seize and the MTM issue remains, how long before bank runs start?

I thought they already started with WAMU.

125 posted on 09/28/2008 11:31:37 AM PDT by af_vet_1981 (Waiting for Samson and Voting for Sarah)
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To: LostInBayport

What is the makeup of the remaining third that support the bailout or are undecided?


126 posted on 09/28/2008 11:31:38 AM PDT by Styria
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To: narses
Its the government takeover of all the bad debt in the country and and around the world. And not just bad mortgage debt. All kinds of bad debt. $700 billion is a down payment on this bad debt sludge. No one knows the true cost. It could be in the trillions of dollars.

"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

127 posted on 09/28/2008 11:31:46 AM PDT by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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To: Thane_Banquo

bttt


128 posted on 09/28/2008 11:31:50 AM PDT by ConservativeMan55 (Obama is the Democrats guy. They bought the ticket, now they must take the ride.)
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To: FlingWingFlyer

I think it’s Major Garrett talking on Fox now... talking about Osama speaking to a rally right now. When he mentioned the bailout going to pass, you could hear a pin drop. Even the Obamabots don’t like the bailout.


129 posted on 09/28/2008 11:33:15 AM PDT by onemiddleamerican
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To: pabianice
Pelosi will not let this pass without Repubs on board in case it blows-up and Repubs can pin it on Dems.

This is precisely why Obama is staying out of Washington. He doesn't want his fingerprints on whatever bill they come up with.

That is Obama's style. He never votes for or against anything, so he can maintain plausible deniability.

gitmo

130 posted on 09/28/2008 11:33:30 AM PDT by gitmo (Some days you're the dog. Some days you're the hydrant.)
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To: roamer_1

It is the truth. Without a high profile person like McCain to focus attention, the democrats would have passed the entire scam without Republican votes and the media would have buried the story to focus upon assassinating Sarah Palin. That you try to obfuscate that is quite telling.


131 posted on 09/28/2008 11:33:29 AM PDT by MHGinTN (Believing they cannot be deceived, they cannot be convinced when they are deceived.)
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To: narses
No one really knows anything right now. Big part of credit market tightness are the very big players--JPM, BofA, Citi--restricting credit to force weaker players to accept takeovers for way less than their firms are actually worth. So net-net, more consolidation is going to happen either way, but the chicken-littles are incorrect that the sky will fall. That's not the game that's being played right now by the big boys in the market.

You don't buy WaMu or Wachovia if they are really insolvent to the tune of tens of billions and you are having capital issues as well.

132 posted on 09/28/2008 11:33:34 AM PDT by Thane_Banquo (You can put lipstick on a donkey, but it's still just a jackass.)
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To: pabianice; xzins
Where is McCain?

He's in the Senate.

The Constitution states that all spending bills must originate in the U.S. House of Representatives.

This is a spending bill. This is the MOTHER OF ALL SPENDING BILLS.

If it doesn't pass the house, it cannot go to the Senate.

133 posted on 09/28/2008 11:34:16 AM PDT by P-Marlowe (LPFOKETT GAHCOEEP-w/o*)
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To: Puddleglum

Thanks. The Republicans need to force the majority to do this themselves and then let them take the heat for it.


134 posted on 09/28/2008 11:34:23 AM PDT by FlingWingFlyer (Obama - The Next Josef Stalin.)
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To: DRey

I just emailed my congressman to urge him to stand with the other conservative Republicans in the house to get us a bill with conservative values.


135 posted on 09/28/2008 11:34:33 AM PDT by Big Red Clay (Greetings from the Big Red State)
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To: Texas_shutterbug

“Who has that brain - I don’t know!” I think they keep it in a jar somewhere.


136 posted on 09/28/2008 11:34:39 AM PDT by fishergirl (My warrior, my soldier, my hero - my son. God bless our troops!)
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To: goldstategop

“Its the government takeover of all the bad debt in the country and and around the world.”

LOL, so you didn’t actually read the side by side comparison or the Myth/Fact piece, right? No one is suggesting taking over “all the bad debt in the country and and around the world”.

Your hysteria is obvious. Try reading what is actually being proposed. Try. Then comment on specifics. I look forward to your posts often because you usually think before posting. I hope that returns.


137 posted on 09/28/2008 11:34:48 AM PDT by narses (...the spirit of Trent is abroad once more.)
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To: Attention Surplus Disorder

we would rather lose an election than compromise our principle. The market will correct itself. Yes it will hurt short term, but we will come out of it MUCH stronger.

And no doubt if Obama become president, the economy will be in much better shape and unfairly gets the credit for it


138 posted on 09/28/2008 11:34:53 AM PDT by 4rcane
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To: SMCC1

I was VERY impressed by this McCotter speech! Excellent!

http://www.youtube.com/watch?v=gNlXgzzdJQA


139 posted on 09/28/2008 11:35:04 AM PDT by Attention Surplus Disorder (Tired from wondering whether we wake up in the newest socialist country tomorrow.)
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To: onemiddleamerican
Good! Obama has just identified himself with the unpopular corporate welfare scheme in history. Stick a pin in him. He's finished!

"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

140 posted on 09/28/2008 11:35:15 AM PDT by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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