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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
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To: nutmeg

Is there anyway to contact the House GOP? like now?


441 posted on 09/28/2008 5:10:11 PM PDT by caffe (please, no more consensus)
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To: furquhart

I’m sure there are many on this forum who agree with you but do not want to be subjected to the abuse. Thanks for taking the grief and expressing the views of many not so thick-skinned FReepers as yourself.


442 posted on 09/28/2008 5:10:33 PM PDT by randita
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To: fatima

Hmmmm, if they look scared, I wonder if the “axe” will come down on them if they dont quickly “cover up” their dirty deeds...and if there are enough of them, that may throw the government into “loss of a lot of them” and cause an even more severe crisis.

Now I’m just making stuff up.


443 posted on 09/28/2008 5:10:44 PM PDT by NoGrayZone (Michelle Obama...Queen of the Damned (courtesy of CougarGA7)
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To: randita

The last I heard from Obama was a statement they put out, with him claiming credit for caring about the taxpayers and him saying Mccain gets no credit for anything to do with the bill. Obama is an arrogant ass. Anytime anything happens somehow he thought of it first.


444 posted on 09/28/2008 5:10:55 PM PDT by visualops (portraits.artlife.us or visit my freeper page)
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To: AndyJackson
This is what has me sooooooooo furious, Andy. Is W purposely trying to help Barry, with this Paulson creep, and sink McCain? Would he do this to our troops?
445 posted on 09/28/2008 5:11:01 PM PDT by Miss Didi ("Good heavens, woman, this is a war not a garden party!" Dr. Meade, Gone with the Wind)
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To: tsmith130
While we're waiting maybe someone could analyze this scenario:

Your neighbor bought a house just like yours and he has a mortgage just like yours - same interest rate, same principle, same number of years.

Your neighbor can't meet his mortgage payment and goes into default.

You are struggling to make the payment but you can just barely squeeze it out.

Your neighbor's loan gets bought by the U.S. Government and they negotiate a reduction in the principle and the interest. Your neighbor is back in business.

You find out!!!!! What to do????? How about a trip to the bank to find out how you can get such a deal. Or maybe you just decide to default on your loan as well. Why not???

Is there any doubt that this is the hidden "unintended consequence" of this bill?

446 posted on 09/28/2008 5:11:02 PM PDT by InterceptPoint
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Comment #447 Removed by Moderator

To: GOPJ

CSPAN has house on live now.


448 posted on 09/28/2008 5:11:50 PM PDT by TornadoAlley3 (Lipstick wearing Okie Moosehead!)
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To: All

THE ASIAN MARKETS ARE MELTING DOWN!!!!!!! NOT!!!!

Japan is UP 50 points!


449 posted on 09/28/2008 5:12:35 PM PDT by Revel
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To: Miss Didi
will help allow access to credit so American families can meet their daily needs and American businesses can make purchases, ship goods, and meet their payrolls.

I noticed that earlier in the week (same sort of comment from President Bush, not exactly this quote), and commented that is shows EVERYTHING runs on credit. What, we need credit for all of our daily needs? That proposition is counter to what I was taught, i.e., to live within my means - if you don't have the money, do without.

All signs point to "we're screwed." It's just a question of timing now.

450 posted on 09/28/2008 5:12:45 PM PDT by Cboldt
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To: Jim Robinson

JIM, YOU ARE MY HERO!!! Applause!

That is exactly what needs to be done.


451 posted on 09/28/2008 5:13:04 PM PDT by gidget7 (Duncan Hunter-Valley Forge Republican!)
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To: visualops

I hope you don’t live in Missouri.......he has his truth squad out lookin’ for ya.


452 posted on 09/28/2008 5:13:17 PM PDT by tioga (Beware Obama and his "truth squad" are out there looking for YOU.)
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To: tsmith130

Chuckie may have headed home for the Jewish holidays.


453 posted on 09/28/2008 5:13:40 PM PDT by Miss Didi ("Good heavens, woman, this is a war not a garden party!" Dr. Meade, Gone with the Wind)
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To: CodeToad

“Well, actually, there is: Stocks to zero.”

True. I was thinking about the derivatives articles I have read that discuss obligating debt. I don’t recall where the article was that discussed the naked short selling, etc., and the tangled web of debt that ended up with an infinite bottom if the current course continued.


454 posted on 09/28/2008 5:13:53 PM PDT by combat_boots (God, gun and babies. Justices, taxes and sovereignty. Otherwise known as White Trash. Count me in.)
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To: Cboldt
You don't know the bill is necessary nor do they. I'm afraid that fear applied on a crowd creates a soul-draining and intellect-freezing over-focus on one solution as the ONLY, or of a very few variants as the only ones.

That is not true, never.

They can come to trust the people, and the judges in regulart courts of the US -- all of whom are still workable and able to guide us step by step through this problem. It is fear is our worst enemy. No one can make proper long-term or even short-term decisions in an environment of fear, haste and panic.

455 posted on 09/28/2008 5:14:13 PM PDT by bvw
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Comment #456 Removed by Moderator

To: All

They’re coming out!!!


457 posted on 09/28/2008 5:14:31 PM PDT by NoGrayZone (Michelle Obama...Queen of the Damned (courtesy of CougarGA7)
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To: All
Meanwhile good old Nancy Grace is still Stuck on this Caylee Anthony story.
458 posted on 09/28/2008 5:14:33 PM PDT by McGruff ("After we bailout Wall Street we need to bailout Main Street" - Sen. Obama)
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To: NoControllingLegalAuthority

Think “Jericho” paradigm without the nuclear attack.


459 posted on 09/28/2008 5:14:41 PM PDT by SVTCobra03 (You can never have enough friends, horsepower or ammunition.)
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To: tsmith130
SECRET RECORDING JUST LEAKED FROM THE HOUSE REPUBLICAN MEETING:

RINO-"Look, we got the Acorn stuff out"

CON-"Cmon, we all know that was put in there so there was something they could take out and say "see, we compromised"

RINO-"The financial markets will fall, credit will dry up"

CON-Is that why FOX is reporting 92% of banks are not involved in any subprime mortgages?" Why the hell is Ditech spending money on ads this very night to try and get people to take out home loans if credit is so tight? They are even bragging that rates are at all time lows!"

RINO-But if we don't support this, we will get the blame!

CON-We are already getting the blame and we got Frank on YOUTube saying Freddie and Fannie faced no problems-Get real-Nomatter what we do we will get blamed!

RINO-This will hurt McCain if we go against it!

CON-Are you even looking at the polls? The majority of America is against this bailout!

RINO-We are in the minority, its not like we can do anything anyway..

CON-If thats true than why doesn't Pelosi call the vote and pass this thing? The dems have the majority, they don't need us right? WRONG! We can stop this thing if we stick together!

RINO-I need to call my therapist

CON-Sigh... why do we give this guy campaign money each year....

460 posted on 09/28/2008 5:15:18 PM PDT by icwhatudo (PALIN VID=========>>>>>http://www.overstream.net/view.php?oid=n1ronxelmtin<++++++++)
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