…………… how about a story of the lack of sun spots and the effect on Earth’s climate?

What debate? Obama has had all summer long to do a dozen debates with McCain but he chickened out.

Obama, a done nothing candidate from the do nothing congress.

Oh, wanted to say that McCain is a champ.

Danish,
This is an ongoing complaint of mine regarding Allah’s pussy footing around with analysis that stifles our sides attack on the Liberals’ intimidation tactics.

Mcguyver on September 25, 2008 at 11:44 AM

No one is stifling anything.

And I’m sure Rywall knows it or he wouldn’t have weaseled out like he did.

ManlyRash on September 25, 2008 at 10:40 AM

He weaseled out?

See, rockmom, McCain could have done this by cell phone and waited until this weekend to return for the final details.

jim m on September 25, 2008 at 2:31 PM

Or, McCain goes back to work (you know, country first) and does the debate via webcam from Washington.

See, rockmom, McCain could have done this by cell phone and waited until this weekend to return for the final details.

Barack Obama apparently believes his 11 million constituents don’t need any representation on the biggest piece of legislation since Medicare. He should resign his Senate seat immediately so that the Governor of Illinois can appoint a Senator who will do his/her job. Why did he want to be a Senator in the first place if he is going to abdicate on something this important to the wallets of the people of Illinois? I think we know the answer to that one.

2) Both of these men are the titular heads of their parties right now. Both sides have members who are very uneasy about this legislation and all of them are getting rained with phone calls and emails from angry citizens. They both have a responsibility to LEAD their fellow legislators in brokering a deal and making sure their followers are on board with it.

Barack Obama especially should realize that Harry Reid and Nancy Pelosi are utterly incompetent and that Barney Frank and Chriss Dodd are irreparably tainted by their failure to regulate Fannie Mae and Freddie Mac. Because they are the majority party in Congress they are going to “one” this thing in the end and he is going to have to defend it for the rest of the campaign. That would argue for him coming back to Washington and getting involved directly.

3) One of these men is going to be President on January 21, 2009 and one of his biggest tasks will be the contonued cleanup of this wreckage. You would think that both of them would want a front-row seat in the negotiations since one of them is going to end up taking most of the responsibility for its success or failure. McCain obviously gets that. Obama doesn’t.

Assume there is no Paulson bailout. What happens is the failed bank(s) are merged into a sound bank, pays off the depositors (with money from congress) and assumes the loans itself. Then it auctions off the loans.

Paulson’s bailout bypasses the FDIC completely. The bailout keeps the existing banks in place, same management, buildings, etc. It’s a bailout of existing stockholders, whereas under FDIC the stockholders lose perhaps everything. Paulson’s plan also bails out those who loaned money to banks, as well as larger depositors.

In my view, the bailout is being pushed hard for three reasons. First, it’s political christmas. A good number in Washington will want their name attached to the “savior of the economy” bailout. Although it appears to be turning into a mix of christmas and football. Second, it bails out the stockholders and banks who made bad loans, at the expense of the taxpayers. Third, executive powergrab. Paulson says that he doesn’t want the responsibility (in regards to Section 8) but, I’m not buying it.

The Unicorn is doing most of the typing right now. I’m eating lunch.

KentAllard on September 25, 2008 at 1:55 PM

Save room, crow is on your dinner menu.

Brilliant.

KentAllard on September 25, 2008 at 1:41 PM

Thanks. : )

I fail to see the virtue at this moment for “bipartisan” if that means further compromise with Socialism!

maverick muse on September 25, 2008 at 1:52 PM

Look just a little closer and you will see the virtue, for them anyway. It’s called the “virtue” of CYA.

Are you typing atop a unicorn again?

geckomon on September 25, 2008 at 1:49 PM

The Unicorn is doing most of the typing right now. I’m eating lunch.

I fail to see the virtue at this moment for “bipartisan” if that means further compromise with Socialism!

The Progressive Democrats made this mess. They have absolutely no RIGHT to any demands as to the cure. They are stuck on stupid. Compromising with that is further failure.

Conservatism pure and simple is the actual cure. Conservatism is the antidote to viral Socialism gone epidemic. Call your legislators to legislate Newt’s proposal for a year on trial basis with the stipulation that ANY ECONOMIC PROGRESS will automatically maintain the unadulterated simple proposal as new legislation.

HOPE FOR CHANGE WE CAN BELIEVE IN!
FISCAL CONSERVATISM

Damn Pelosi/Reid/Obama to the Hellmark of Infamy.

I asked both of my Senators to support a bill. I think it is necessary. I figure erring on the side of caution would be the most intelligent thing to do right now.

Terrye on September 25, 2008 at 1:33 PM

So do you think that we should spend, and never minding that it’s money we don’t have, $700,000,000,000.00 to err on the side of caution to fight Global Warming, just in case.

Our overlords have scared trained you well.

KentAllard on September 25, 2008 at 1:46 PM

Are you typing atop a unicorn again?

I am in the hopes that even if this plan does not do that, it will not ultimately costs $700 billion. I do think that if the economy goes into a sudden and steep decline the losses will be a lot more than $700 billion anyway.

Terrye on September 25, 2008 at 1:33 PM

Our overlords have scared trained you well.

The sad thing is that people find it so amazing that two US Senators should do their jobs. They were elected to represent the needs of their constituents.

Terrye on September 25, 2008 at 1:35 PM

Alright, then you pick up the $700,000,000,000.00 tab.