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Inhofe: Paulson Used Scare Tactics to Force Bailout Legislation
Business & Media Institute ^ | November 19, 2008 | Jeff Poor

Posted on 11/20/2008 2:17:27 AM PST by flattorney

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To: savedbygrace

I didn’t put the blame on you for not figuring it out. I did admit it was riddled with metaphors, including what i said about “comrades in arms”. Many of them are socialists, but my intent was metaphorical not literal.

Now chill out and stop trying to pick a fight. I don’t like to waste FR resources on this type of useless argument.


41 posted on 11/20/2008 6:53:57 AM PST by uncitizen
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To: flattorney

Thank you, Sen. Inhofe!

Along with Hannity, Beck and some others, Sen. Inhofe has the guts to say that our emporer has no clothes.

I am embarrased that Bush and McCain fell for this political stunt.


42 posted on 11/20/2008 6:55:06 AM PST by littlehouse36 (Gather up ye seeds of truth at Free Republic; then spread them far and wide.)
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To: wmfights

Agreed on all points.


43 posted on 11/20/2008 6:56:03 AM PST by uncitizen
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To: tallyhoe

McCain killed himself by supporting the bailout plan. He could have showed real leadership by opposing it.


44 posted on 11/20/2008 7:31:27 AM PST by Tempest (Obama is not my president.)
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To: Tempest
"McCain killed himself by supporting the bailout plan."

I agree totally. He should have voted against this. All of the Senators who voted for this are total idiots!! Only the house Republicans were standing up to Shifty Paulsen. He's admitted that he lied to Congress. Isn't that a crime? Shifty needs to be frog marched off to jail with all of his Goldman Sachs buddies. He only cared from the beginning about helping out his banking buddies. This socialists give away was rich people's welfare.
45 posted on 11/20/2008 8:17:03 AM PST by Old Teufel Hunden (I)
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To: John W; SECURE AMERICA; uncitizen; savedbygrace; wmfights; polymuser; gieriscm; Puddleglum; ...

Senator Inhofe: “I voted no,” on the bailout bill.
October 2, 2008

From U.S. Senator Jim Inhofe (R-OK)

The Senate just voted on the bailout, and I voted no. After spending time in Oklahoma meeting with my constituents, local business leaders, and elected officials, I could not, in good conscience, vote to approve a massive taxpayer-funded rescue plan that was so hastily crafted. Too little time was allowed for reading and comprehension of this bill. Insufficient time was allowed for proper discussion and debate on a bill with a $700 billion price tag. $700 billion dollars of your taxpayer money. Certainly our nation faces a financial markets crisis that requires action. Unfortunately, it remains unclear if this bill is the right action. I believe it is much more important to get it right than to rush it through.

My vote tonight was against the Paulson plan, not against taking extraordinary action to provide necessary confidence to financial markets. The plan before us would have bureaucrats in Washington attempt to do what the experts on Wall Street can’t do - value troubled assets. From the very beginning, it was the Paulson plan or no plan. It is Congress’s duty to examine its options, deliberate, come to a decision that has the support of America, and act. I regret we were not allowed to do that.

Sincerely,
Jim Inhofe

# # # # #

10/1/08: Senators who voted NO on on the financial bailout bill (S. Amdt. 5685 to H.R. 1424):

Allard (R)
Barasso (R)
Brownback (R)
Bunning (R)
Cantwell (D)
Cochran (R)
Crapo (R)
DeMint (R)
Dole (R)
Dorgan (D)
Enzi (R)
Feingold (D)
Inhofe (R) <<<<<<<<<<
Johnson (D)
Landrieu (D)
Nelson (FL) (D)
Roberts (R)
Sanders (I)
Sessions (R)
Shelby (R)
Stabenow (D)
Tester (D)
Vitter (R)
Wicker (R)
Wyden (D)

TAB


46 posted on 11/20/2008 8:47:41 AM PST by flattorney (See my comprehensive FR Profile "Straight Talk" Page)
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To: flattorney

Paulson also caused the election to swing wildly Democratic as well...jackass...thanks for nuttin’.


47 posted on 11/20/2008 9:40:23 AM PST by My Favorite Headache (Forget the 3AM phone call. Obama can not even answer the phone at 3PM.)
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To: Just mythoughts

This mess has been in the works and it all came together like a perfect storm and a whole lot of people fell for the scam, including McCain. Has he ever named names like he promised?

He must have meant he’d name names ONLY if he won the election.


48 posted on 11/20/2008 10:00:11 AM PST by Terry Mross ( It's just a matter of time before we're all 'GUILTY' of hate speech.)
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To: REPANDPROUDOFIT
*Overheard on NPR radio news two years ago: "The stock market today reached a new record of 15,000 points despite the stuggling economy!" There was no way Bush would ever be given credit for anything!!!! It seems no one is capable of looking at their own tax records and realizing they really are getting a tax credit already!
Back then, the concern was gas prices. Funny how the no one wants to talk about plummeting prices for oil and gas.
49 posted on 11/20/2008 10:07:21 AM PST by dbz77
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To: flattorney
Thank you for the list!

Allard (R)

Barasso (R)

Brownback (R)

Bunning (R)

Cochran (R)

Crapo (R)

DeMint (R)

Dole (R)

Enzi (R)

Inhofe (R) <<<<<<<<<<

Roberts (R)

Sessions (R)

Shelby (R)

Vitter (R)

Wicker (R)

It's a pitifully short list isn't it?

50 posted on 11/20/2008 10:33:02 AM PST by wmfights (Elections have Consequences!)
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To: Virginia Ridgerunner
........Paulson also wanted to exempt the bailout from any judicial, legislative, and regulatory review...what a lying bastard POS he is!.............

The late economist John Kenneth Galbraith blamed Goldman Sachs for policies causing the Great Depression of '29. In his book, The Great Crash, 1929, Galbraith, a key figure in JFK's admin, an entire chapter titled “In Goldman, Sachs, We Trust,” details the “large-scale corporate thimblerigging” that Goldman and other Wall Streeters practiced in the 1920s.

G/S frat boys at the highest levels of govt are now pulling the levers of power. Watching them operate, we know Goldman types promote their own interests relentlessly...........the rest of us be damned. Heaven help us.

NO SURPRISE---G/S SCREWED TAXPAYERS Secy Paulson and his buddies---the Goldman Sachs boys----helped themselves to the bailout billions. Typical Wall Street chicanery. Pavelson told Congress the billions would be used for one purpose then the foxy, wily Pavelson changes horses in midstream and decides to use the billions for something else without burdening himself with the force of US law. No wonder the economy is in turmoil.

US Sen. Jim Inhofe (R-Oklahoma) said that Congress was not told the truth about the $700 billion blank bailout check. "The American people don't know how much money Treasury Secretary Henry Paulson has given away to anyone. IT COULD BE TO HIS FRIENDS. We don't know. There is no way of knowing.''

KEEP IN MIND Henry Pavelson (former Goldman Sachs honcho) named his Goldman Sachs underling, Neel Kashkari, to oversee the $700B Wall Street bailout. G/S alumni are bailing out the very crooks who contributed to the economy's meltdown. Conflict of interest anybody?

GOLDMAN SACHS SCREWS US AGAIN Secy Pavelson told Congress bailout billions would be used for one purpose then the foxy, wily Pavelson changes horses in midstream and decides to use the billions for something else. Typical Wall Street chicanery.

The heck with Congress enacting the bailout law for one use. Pavelson personally decides he and the G/S guys will use it for "something else."

As US citizens line up at soup kitchens and sell apples on street corners, Pavelson, Kashkari, and the G/S frat boys should come clean about their holdings ..............(at least the ones not hidden in numbered offshore bank accounts, the ones not "parked" at Goldman Sachs and other Wall Street entities, or bailout billions not tied up in untraceable, untaxable, casino chips).

51 posted on 11/20/2008 12:59:59 PM PST by Liz (The right to be left alone is the beginning of freedom. USSC Justice William O. Douglas)
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To: dbz77
Back then, the concern was gas prices. Funny how the no one wants to talk about plummeting prices for oil and gas.

Eaxactly! Oh how I would love to hear just one of the talking heads on tv say "You know, I guess things weren't so bad during Bush's first seven years after all."!

52 posted on 11/20/2008 5:28:50 PM PST by REPANDPROUDOFIT
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