Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Press Conference: House Republicans on Bailout Bill, 6:30 p.m. EDT 9/28/08
Sunday, September 28, 2008 | Kristinn

Posted on 09/28/2008 3:35:48 PM PDT by kristinn

The cable news networks are standing by for a press conference by House Republicans on the bailout bill. It should start some time after 6:30 p.m. EDT.


TOPICS: Breaking News; Government; News/Current Events; Politics/Elections
KEYWORDS: 110th; bailout; financialcrisis
Navigation: use the links below to view more comments.
first previous 1-20 ... 141-160161-180181-200 ... 821-824 next last
To: NoGrayZone

There going to come out and say they have enough members for it to pass..


161 posted on 09/28/2008 4:11:58 PM PDT by navysealdad (http://drdavehouseoffun.com/)
[ Post Reply | Private Reply | To 137 | View Replies]

To: furquhart
If we pass this, we can end the crisis for now

Nonsense. There is no way to assess whether an impending meltdown will be deterred by this legislation. IT IS NOTHING BUT A HOPE!

162 posted on 09/28/2008 4:12:30 PM PDT by NoControllingLegalAuthority
[ Post Reply | Private Reply | To 142 | View Replies]

To: ikka

Because the need for the bill is so self-evident that only a moron or a person totally indifferent to the real-world consequences of their actions could oppose it.


163 posted on 09/28/2008 4:13:14 PM PDT by furquhart (John S. McCain for President)
[ Post Reply | Private Reply | To 158 | View Replies]

To: spacejunkie01
I really would rather see this bill fail and GOD FORBID, have an obama in the WH for 4 years,

Not me!

164 posted on 09/28/2008 4:13:39 PM PDT by plain talk
[ Post Reply | Private Reply | To 101 | View Replies]

To: furquhart
If the stock market crashes, which it will if we don’t pass this, Obama gets elected. That’s blindingly obvious.

You keep saying WE have to pass this. The republicans have no say in it what so ever,the dems can pass it without help. They simply want the republicans to share the blame when things go south later on. If the Dems fail to act, BozObama will take just as big a hit as McCain will. It is up to the dems to pass it or fail it, you can quit being hysterical anytime now because the majority of us are simply not buying into it.

165 posted on 09/28/2008 4:14:03 PM PDT by calex59
[ Post Reply | Private Reply | To 149 | View Replies]

To: SatinDoll

TRANSFER TO TREASURY.—Revenues of, and
8 proceeds from the sale of troubled assets purchased under
9 this Act, or from the sale, exercise, or surrender of war10
rants or senior debt instruments acquired under section
11 113 shall be paid into the general fund of the Treasury
12 for reduction of the public debt.

Oh really? Please share.


166 posted on 09/28/2008 4:14:10 PM PDT by NoGrayZone (Michelle Obama...Queen of the Damned (courtesy of CougarGA7)
[ Post Reply | Private Reply | To 156 | View Replies]

To: NoGrayZone

Okay....THIS link looks like something new. I read it over quickly.

ACORN is NOT in there. However there is reference to sending troubled mortgagees TO such as ACORN for help with mortgages about to be foreclosed.

The pubbie insurance thing IS in there.

That bit about caps on CEO for CEO’s that have nothing to do with this seems to be gone....socialistic nonsense.

One thing that I noted that the pubs evidently gave up is that provision that the Sec. of Treasury can help prevent foreclosures by reducing interest rates for mortgages about to default or perhaps reduce the principal balance. The pubbies wanted this removed but it appear to have made its way back in. I suppose so long as oversight includes pubbies instead of just the party in charge...IE the Dems...it will be okay. This is a provision the pubs felt was rife for corruption.

Basically the compromise as I very quickly read looks like the pubbies got their way. However...

WHERE ARE THE REPUBLICANS???


167 posted on 09/28/2008 4:14:13 PM PDT by Fishtalk
[ Post Reply | Private Reply | To 52 | View Replies]

To: KansasGirl

McCain - (paraphrasing)...I am back in Washinton because I am not going to “phone it in”.........LOL


168 posted on 09/28/2008 4:14:20 PM PDT by tioga (Beware Obama and his "truth squad" is out there looking for YOU.)
[ Post Reply | Private Reply | To 160 | View Replies]

To: furquhart
If the stock market crashes, which it will if we don’t pass this, Obama gets elected.

You have no proof of any of these assumptions. And read my tagline.

169 posted on 09/28/2008 4:14:24 PM PDT by McGruff ("After we bailout Wall Street we need to bailout Main Street" - Sen. Obama)
[ Post Reply | Private Reply | To 149 | View Replies]

To: NoControllingLegalAuthority

Huh? C-Span is live now, but they’re showing Charlie Rangel blathering on. Are there any Republicans in Washington, or is this going to be a RAT marathon?


170 posted on 09/28/2008 4:14:31 PM PDT by Pravious
[ Post Reply | Private Reply | To 162 | View Replies]

To: kristinn; Jim Robinson; STARWISE; Bahbah; Miss Didi

http://www2.nationalreview.com/dest/2008/09/28/ayo08c04xml.pdf

K Lo just posted this- it’s the House version.


171 posted on 09/28/2008 4:15:03 PM PDT by SE Mom (Proud mom of an Iraq war combat vet)
[ Post Reply | Private Reply | To 1 | View Replies]

To: rfp1234

I think that’s been taken out, but my read on your link is that the 35% was only mandated for Freddie and Fannie profits—which we shouldn’t be seeing much of for some time at least.


172 posted on 09/28/2008 4:15:04 PM PDT by 9YearLurker
[ Post Reply | Private Reply | To 154 | View Replies]

To: Red_Devil 232

Has the final bill been released yet? The one i got that ACORN mention from was supposed to be the latest.


173 posted on 09/28/2008 4:15:05 PM PDT by icwhatudo (PALIN VID=========>>>>>http://www.overstream.net/view.php?oid=n1ronxelmtin<++++++++)
[ Post Reply | Private Reply | To 68 | View Replies]

To: Pravious

I bet you there’s a lot of arm twisting going on.


174 posted on 09/28/2008 4:15:05 PM PDT by rushmom (l)
[ Post Reply | Private Reply | To 87 | View Replies]

To: navysealdad

I refuse to believe that until I hear it! I just can’t =(


175 posted on 09/28/2008 4:15:22 PM PDT by NoGrayZone (Michelle Obama...Queen of the Damned (courtesy of CougarGA7)
[ Post Reply | Private Reply | To 161 | View Replies]

To: furquhart

Guess you better head for the ATM . . since I do not consider myself a moron... Pubs need to kill this monster..


176 posted on 09/28/2008 4:15:25 PM PDT by unojook
[ Post Reply | Private Reply | To 163 | View Replies]

To: GOPJ

Vanity sort of :Canadian citizen here. My son just graduated from business school McGill University ...His take on it...The American public is going to pick up the tab for all foreign banks that engaged in these risky practices.NOT FAIR.


177 posted on 09/28/2008 4:15:29 PM PDT by northernlightsII
[ Post Reply | Private Reply | To 103 | View Replies]

To: rushmom

I put a link to Wikipedia here at this posting that says he is a Republican. I know Wiki can be wrong, but so far I haven’t found any other source or article that says what party he is from. I will keep searching.


178 posted on 09/28/2008 4:15:43 PM PDT by Spunky ((You are free to make choices, but not free from the consequences))
[ Post Reply | Private Reply | To 119 | View Replies]

To: All

The problem with the insurance thing is that it is mandatory only that Treasury establish it as a program. No companies are going to opt for that route because it will cost them money — as opposed to having Treasury just buy their bad paper from them.

The House GOP has been deceived by this “mandatory” language in that Treasury is only required to establish the insurance program — not force companies to choose it in lieu of the bailout money, which of course they will all choose.


179 posted on 09/28/2008 4:16:31 PM PDT by Owen
[ Post Reply | Private Reply | To 167 | View Replies]

To: unojook

No moron considers themselves to be a moron, even when the evidence is right before their eyes. That’s attributable to the fact that they are self-evidently stupid.


180 posted on 09/28/2008 4:17:06 PM PDT by furquhart (John S. McCain for President)
[ Post Reply | Private Reply | To 176 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-20 ... 141-160161-180181-200 ... 821-824 next last

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.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson