GOP Members Forging Alternative Bailout Plan!!!

cnbc ^

[dr_who]

Democrats might chafe at it, but if they don’t, Republicans aren’t doing their job.

[RebelTex]

“Suspend “mark-to-market” accounting until the SEC can issue new guidelines that will allow firms to mark these assets to their true economic value “

Best thing in the proposal.

[Miss Didi]

So yes, MCCain can take a victory lap.

So can we be happy again?

[gidget7]

Pelosi never intended it this bill to pass. If she had, the Dems could have passed it, they didn't. They want it to fail, but they want it to fail due to Republicans.

[tcrlaf]

I am FOR A Bailout, but not the one they are talking about now...

If ANY bailout is going to work, it must:

1) Address the ORIGINAL cause of the problem, being DEMOCRAT Class warfare INTERFERENCE in the Free Market Financial system (Fat chance, I know)

2) STOP giving mortages to people with little hope of ever paying back. No more “Interest Only” mortgages, Zero Down mortgages, etc...

3) The trigger for this was MASSIVE, MASSIVE mortgae in our inner-cities, on an unimagined scale. Almost ALL of it beniffitting Democrats, or Democrat-connected people. (Dare I say-MINORITIES?)

The Feds are prosecuting THOUSANDS for this right now, but if you listen to anyone but FOX, it’s all the fault of the “EVIL REPUBLICANS”

[Reagan Man]

The article doesn't name any names. All it says is: "... according to sources:" If you have a specific link, post it. The names you listed are from HR 7223 and includes my Congressman, Doug Lamborn. Nothing new.

[PhiKapMom]

Thanks! That what I was thinking including some of the sky is falling around here crowd. The last bill needed to be shot down and this one looks better because the other one was tanked.

[Jim Robinson]

Great group!

[PA_Country]

great post at least there are a few other people out there that get it

[gidget7]

I share your skepticism. And what was Paulson doing in a room, with no one else with him, EXCEPT Goldman Sachs? Being he is a major shareholder there, that's reeks to high heaven!

[Brad’s Gramma]

BTTT

[screaminsunshine]

I am really worried about what Bush is doing. He looks totally paranoid.

[berdie]

As I understand it, the bill that will be voted on tomorrow doesn’t have the original pork. There are additional provisions from the “original revised” bill. (Extending FDIC protection from $100,000 to $250,000 for one).

And who the heck knows how he will vote? He’s not real predictable. And I don’t believe that everything that is said is true. Too much under the surface that we will never know, imo.

[Miss Didi]

Thanks...I just hope that however he votes won’t create the “it’s over” panic we’ve seen lately. I’m praying for him. ;)

[gidget7]

I know, and that makes me nervous. What has thrown him? Or who?

[unspun]

Excuse me, NBC, it's the neo-Marxist Democrats that "forge."   ;-` Everyone: why buy GE anyway?

[what's up]

He looks totally paranoid.

I think anyone presiding over an economy very close to spinning over the edge would be pretty paranoid.

Very few of us could hold up as well as the President has thru his various trials.

[Reagan Man]

The Senate version still calls for $700-billion bailout and an additional $100-billion in so called tax cuts. Over here, Senate to vote on bailout Wednesday

[NutCrackerBoy]

Sweet. House Republicans will be seen as doing the necessary cleaning up for the bill to be passed.

[Solemar]

Well, this sounds a little better....

Looks reasonable....

Which is why it has a snowball’s chance of ever being passed!