Just a reminder: House GOP can’t block a bailout bill
posted at 9:40 am on September 26, 2008 by Ed Morrissey
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Speaker Nancy Pelosi has the plenary power to bring a bill to the floor of the House, and no parliamentary procedure can help a minority to block a majority will to pass it. That’s one fact that has to be remembered while Pelosi and Barney Frank blame the House GOP over the collapse of the bailout bill:
“I didn’t know I was going to be the referee for an internal G.O.P. ideological civil war,” Mr. Frank said, according to The A.P.Thursday, in the Roosevelt Room after the session, the Treasury secretary, Henry M. Paulson Jr., literally bent down on one knee as he pleaded with Nancy Pelosi, the House Speaker, not to “blow it up” by withdrawing her party’s support for the package over what Ms. Pelosi derided as a Republican betrayal.
“I didn’t know you were Catholic,” Ms. Pelosi said, a wry reference to Mr. Paulson’s kneeling, according to someone who observed the exchange. She went on: “It’s not me blowing this up, it’s the Republicans.”
Mr. Paulson sighed. “I know. I know.”
If Pelosi has her entire caucus in line to support the Paulson plan, then she has the vote to pass it. Some estimates have as many as 50 Republicans ready to support the plan in defiance of Boehner. If that’s true, Pelosi could lose all of her Blue-Dog Democrats and still pass the bill.
So why not just call a vote? Pelosi doesn’t want to get married to George Bush, that’s why. She wants to spread the political risk and get consensus on a bailout plan so that the responsibility for any failure doesn’t rest solely on her shoulders, at least in the House. Both Pelosi and Harry Reid wanted John McCain to deliver both GOP caucuses to cover their own butts on the bailout bill, and McCain — at least thus far — hasn’t convinced Boehner to do so.
It appears that Reid has enough Republicans on board to survive a filibuster. George Bush will happily sign the bill as soon as he gets it from Capitol Hill. Pelosi could deliver that bill with plenty of votes to spare simply by scheduling a vote. She lacks the courage to do so. That’s not the fault of the House GOP.
Update (AP): All of this is true but it’s also why McCain’s going to take the blame if they can’t pass it. Pelosi doesn’t need votes, she needs political cover; Maverick can’t give her the former but, as the GOP’s nominee, he can singlehandedly give her the latter by endorsing the deal. If he doesn’t, the consequences will be laid at his feet.
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20% to ACORN is an absolute deal killer for me.
But no matter, the Democrats could pass this thing if they weren’t afraid of taking ownership of it.
forest on September 26, 2008 at 10:37 AM
I agree. Listening to local sports radio in segments where the announcers veer off to politics McCain is going to look extremely bad to those not following politics closely if he misses the debate tonight.
The MSM will claim that he did not show leadership but, instead, clogged things up while Obama was ‘multitasking’.
This is about perceptions to a lot of folks. And the perception will be that McCain was afraid to debate Obama or he was not prepared to debate to debate him.
And the MSM will spin it that way. Financial melt down be damned.
BowHuntingTexas on September 26, 2008 at 10:37 AM
Folks – here’s a petition –
Tax Payers Against a Wall Street and Mortgage Bailout
http://www.petitiononline.com/bailout/petition.html
As of a few minutes ago, there are 13,959 signatures.
I found this through an interview on Fox News.
tru2tx on September 26, 2008 at 10:38 AM
Looks like it was Obama, not McCain, who blew things up.
Tom Shipley, PWNED again!
fossten on September 26, 2008 at 10:38 AM
It was probably the Oracle.
PappaMac on September 26, 2008 at 10:39 AM
Sorry, don’t see that justified yet. Are you sitting on some unflipped property, perhaps? Need a credit card writedown? I have a retirement fund and a house losing equity, but I don’t want to see the holes who got us into this mess stamp their feet and demand access to more damage. Let Pelosi ram it through over the minority objection, they own the media so go for it.
Before Rome Burns
rhodeymark on September 26, 2008 at 10:40 AM
Juan Williams just said on Fox News that “House Republicans are blocking passage of this bill.”
What an absolute tool.
fossten on September 26, 2008 at 10:40 AM
How can you lay the consequences at McCain’s feet for Pelosi failing to do something within her power? That’s like when my 8 year old says her 5 year old sister “made her” eat cookies before dinner.
Dudley Smith on September 26, 2008 at 10:42 AM
There isn’t any way possible you can back up these claims with facts. You’ve transferred your hatred of McCain onto the situation and fabricated a narrative that backs up your prejudices. Really really really disgusting.
The truth is that the bailout bill put forth by the administration and supported by the Dems was quickly losing support as McCain got to DC. Why? Because the public started speaking out against bad legislation. Throw in the fact the Dems have been playing politics with the whole issue starting with lies that a deal had been reached and extending to the 20% cut of the profits for ACORN and La Raza. If you want to rail about lack of leadership, why not start with the obvious and attack Pelosi and Reid for ignoring the consequences of inaction as they continue business as usual. Bohener and Shelby are heroes today. Pelosi and Reid- not so much.
highhopes on September 26, 2008 at 10:44 AM
His job is in the senate, that is what he has sworn his oath. Not some two bit debate, one where McCain wanted 10 debates and Obama hid behind just two.
I don’t want any senator doing anything but working on this problem…delay the election, I don’t care, I want the best solution, not the best debate.
McCain is the leader of the Republican party, he needs to be in Wash. leading. Obama may not feel he is a leader, so let him stay in Miss.
But I do not want Dodd and Franks fingerprints on this…I do not want 20% of the money going to a failed ACORN institution…I do not want this ram rodded through without thorough vetting.
Wasn’t the concern the past few weeks about “vetting” a VP, now they don’t want to vett maybe the most important bill presented by this congress.
right2bright on September 26, 2008 at 10:44 AM
Nancy Pelosi, LEADER. Yeah, right.
GarandFan on September 26, 2008 at 10:44 AM
It’s all perception. We know it’s not McCains fault, they know it’s not McCains fault. But they will scream loud and often at the top of their lungs on every network that indeed it is McCains fault; and the uninformed voters will believe it. This is where the Republicans fail every time, they need to be screaming also, but all I hear is silence.
spypeach on September 26, 2008 at 10:45 AM
McCain should call out Pelosi and Reed to push it through if they believe it’s the right thing to do. They KNOW it won’t solve the problem, and thus they want to hold hands with Republicans to no one takes the blame later.
Go McCain! Call ‘em out and propose your solution!
T J Green on September 26, 2008 at 10:47 AM
Hey Shipley, where is that list of great items from the proposal that you so embrace.
Having a hard time finding out what you support??
How about the question concerning Franks and Dodd, figure that one out yet…where have they been the past 6 months?
Shipley throws bombs, but he can’t back up his statement…no wonder he supports Franks and Dodd, those are his kind of leaders.
right2bright on September 26, 2008 at 10:47 AM
He may be right, so should they allow a bad bill to be passed?
Just because a bill is presented, doesn’t mean it is a good bill.
That fact that Franks and Dodd support it,is suspicious to me. They are the ones most complicit in this fiasco.
I want a good bill, not a fast one…
right2bright on September 26, 2008 at 10:50 AM
Wethal on September 26, 2008 at 10:36 AM
Holy Cow.
Cindy Munford on September 26, 2008 at 10:50 AM
The absence of McCain’s quick response adds is a problem.
They should be cranking out web ads and TV ads explaining the role of Democrat-mandated market distortions in this mess.
It’s pretty simple to understand how encouraging reckless lending was the beginning of the problem, but the MSM is going to stick with the “lack of regulation” line and that’s all people will hear.
forest on September 26, 2008 at 10:52 AM
Any political party stupid and corrupt enough to make Nancy Pelosi and Harry Reid leaders, deserves what it gets.
And the idiots who voted for Democrats deserve what they get.
The rest of us do not.
NoDonkey on September 26, 2008 at 10:52 AM
fossten on September 26, 2008 at 10:40 AM
How is that even possible, the Dems have a sizable majority and I think we have seen that they don’t have the tools the Senate does to stop passage. She only needs to bring it up. I am not falling for that on.
Cindy Munford on September 26, 2008 at 10:53 AM
I think you should scroll up to the original post by Ed Morrissey, and read it.
fossten on September 26, 2008 at 10:56 AM
Reid: “principals that must be included in any legislation we pass…” Like larding it up by earmarking money to Democrat cheating organization known as ACORN.
Oh man, now he’s blaming McCain. Where the hell are the Republicans?
Now “dollarbill” Dodd is gasbagging. These people are shameless.
forest on September 26, 2008 at 10:59 AM
So smug. I’d love to deflate his pompous ass.
fossten on September 26, 2008 at 11:00 AM
You and I may know that he’s showing leadership but it’s not just you and me and that’s not what’s going to be presented by the MSM. Those who don’t follow politics very closely will perceive that McCan is afraid to debate Obama if he misses it tonight.
And that’s how the MSM will spin it. They’ll spin it that McCain is a doddering old fool too scared and unprepared for the debate. Especially if no bailout plan is passed or close to passing by the end of the day. They’ll say “What? McCain put on his superman suit to fly to DC to save the world and couldn’t get it done? He took an hour break for dinner didn’t he? Why couldn’t he take an hour off for the debates?”. In fact, that’s what people are already saying – e.g. sportscasters veering into politics.
If McCain misses the debate tonight I’d wager a couple of bucks that he drops in the polls by at least 5 points with independents. In fact, I’d go so far to say that it could sink his campaign.
Once again. It’s all about perceptions. And McCain may have painted himself into a corner.
BowHuntingTexas on September 26, 2008 at 11:02 AM
Where thw hell are the house republicans? Why aren’t they out getting the message across. McCain needs to get out and lead or go to Ole Miss. He’s looking bad in this.
DailyTrackingPoll on September 26, 2008 at 11:05 AM
Harry Reid is an unbelievable piece of shit. Still up there blaming John McCain for his own incompetence and puffing up Obama.
rockmom on September 26, 2008 at 11:05 AM
Unnamed reporter: Senator Reid, why do you think McCain f*cked this up for the rest of the country?
fossten on September 26, 2008 at 11:07 AM
I have no problems. But I also have a MAC! WHAHOOO!
freeus on September 26, 2008 at 11:07 AM
I cannot believe the balls on Reid and Dodd!
Run some ads McCain. Highlight the Dems involvement in this!
The Democrat Party is no longer a political party- it’s the
new MAFIA.
UNBELIEVABLE!
FiveWays on September 26, 2008 at 11:07 AM
F*CK IT, WE’LL DO IT LIVE!!!!!!!!!!!!
blatantblue on September 26, 2008 at 11:08 AM
BowHuntingTexas on September 26, 2008 at 11:02 AM
I could be wrong (wouldn’t be the first time) but I see John McCain going to the debate and actually show that he can both do his job as a Senator and run for POTUS. Sen. Obama is just mad because his three days of “practice” got interrupted.
Cindy Munford on September 26, 2008 at 11:08 AM
Watching the presser right now. This was soooo freaking predictable. Our guys dropped the ball here. There is still a chance to push back, but it will have to be harder, and it will have to name names. C’mon guys, don’t let the ones who created this mess put it on your lap. Push Push Push
Weight of Glory on September 26, 2008 at 11:09 AM
God forgive me, but I HATE THE DEMOCRAT PARTY SO F*CKING BAD!
These scumbags are completely out of control. There is NOTHING they won’t pull to get what they want.
FiveWays on September 26, 2008 at 11:10 AM
I want McCain to get out there and make a statement. I want him to say “This is where we are and why.” Furthermore, I want him to say “Dodd, Frank, Pelosi, Reid, Paulson, BUSH, etc. want THIS and I think it’s BAD and this is why.”
Am I the only one afraid? Seriously.
Oink on September 26, 2008 at 11:11 AM
Democrat Strategy:
Get the very scumbags that helped create this mess, Dodd, Franks, et al out in the spotlight to blame the Republicans.
UN-F*CKING BELIEVABLE!
What balls!
FiveWays on September 26, 2008 at 11:12 AM
Idea- Maybe it is a good idea to let these assbags come out and blather. Motto- give a fool enough rope and they will hang themselves! In the immortal words of the Pace salsa commercial- “get a rope!”
These guys I think are digging their own graves. IF the House GOP and some of the GOP senate members like Shelby come out and tell the American public the crap that was in the original bailout bill, then the Dems are soooooo screwed.
Rammussen said the majority of the American people are not behind the bailout bill as it stands. Those of some numbers that have to be scaring the hell out of Pelosi, Reid and Obama. This is why they have the screaming memes. It just makes McCain and the House GOP look good for stopping this in order to craft a better bill.
freeus on September 26, 2008 at 11:12 AM
FiveWays on September 26, 2008 at 11:12 AM
Democrats make everything political, I don’t believe they have any good will.
Cindy Munford on September 26, 2008 at 11:15 AM
McCain’s poll numbers went down again.
Fearful Friday.
Oink on September 26, 2008 at 11:15 AM
The Republicans need to get out to the mics and highlite the Dems role in this mess.
This is the time for aggresive action! Enough of this namby-pamby softball crap. The Dems need to be destroyed, because they are trying to destroy the Republicans and fool the public- yet again.
What a bunch of mobsters!
FiveWays on September 26, 2008 at 11:16 AM
This goes way beyond goodwill; this is outright slimeball evil. These people will destroy this entire country as long as it gains them power!
FiveWays on September 26, 2008 at 11:18 AM
Wall Street?
Main Street?
Why is it that the left talks about wall street? I would like to know what,who,where in hell is WALL STREET?
MAIN STREET? For goodness sake what,who,where, is MAIN STREET?
TomLawler on September 26, 2008 at 11:18 AM
Problem is that they blather, and the Press will not call them on it.
Even Cavuto on Fox had MAXINE WATERS on yesterday… who is the Chair of the subcommitee which forced these loans down the industries throat… and he let her blather instead of asking her for the ROOT CAUSE of this crises.
Romeo13 on September 26, 2008 at 11:18 AM
I want action and an explanation. Now.
Oink on September 26, 2008 at 11:20 AM
+1. That’s what the vast majority of Americans are going to be fed by the MSM.
If he does that with no bailout completed or nearly completed by the end of the day the MSM will yell, “See!!! So much for the doddering old fool’s so-called leadership skills”.
The defecrats are going to do everything they can to draw out getting a deal done as long as possible. If it goes beyond today McCain may have sunk his campaign.
Perceptions.
BowHuntingTexas on September 26, 2008 at 11:21 AM
Holy cow. I’ve never seen so much “cussing” at Hot Air. I guess I’m not the only one who’s irate.
anyway, these guys keep talking about “oversight” and a lack thereof. What do they want the overseers to do? Enforce the existing laws that encourage reckless lending?
You can’t expect “oversight” to fix something that is fundamentally screwed up by existing law.
forest on September 26, 2008 at 11:23 AM
McCain needs to come to the podium and give a loooong speech and name names, and use quotes, and expose these frauds and what they’ve done and are doing.
fossten on September 26, 2008 at 11:23 AM
Please God. Please let this happen.
Oink on September 26, 2008 at 11:24 AM
The three dollar bill stops here
http://patriotroom.com/?p=2440
Rick007 on September 26, 2008 at 11:25 AM
Debates ON!!!!!!
DailyTrackingPoll on September 26, 2008 at 11:25 AM
Campaign back on. I expect a flood of material on the role of Democrat laws and reckless lending. Right?
forest on September 26, 2008 at 11:27 AM
Pelosi is a Racist. What a freaking bitch!
upinak on September 26, 2008 at 11:27 AM
Ever since the Dems pulled their treasonist crap with the Iraq War I knew they were evil. But today I realized JUST HOW friggin slimey they really are. These scumbags need to be destroyed and put out of power permanently.
FiveWays on September 26, 2008 at 11:27 AM
So everyone was running around saying the futures last night were in the tank? What happened? Why is it still relatively stable? Oh that’s right, there’s no damn need to rush this. We don’t need a bailout here and now this moment or it’s over and people would be prudent to take note of that.
Sheesh.
CTDeLude on September 26, 2008 at 11:27 AM
No
Maverick is the guy who goes against his party. If he cannot move them it proves he is not one of them.
However if Pelosi (so she pretends) cannot move her people, then she isn’t trying since she is their chosen voice and the standing leader of the House
If the press slathers blame on the Maverick, and they will, they will build him up in the eyes of the public as the man on the side of the People. This is the best possible build up in election crunch time, as the press builds his image as Mr. Smith Goes to Washington
Obama is a dumb as a crumb to play huffy when he could have played hero. The press will not diss him for his stupidity, but they will not be able to build the image of the man fighting for them in Washington
Obama should have outrun McCain to DC and hogged the cameras. He should have been sweaty in shirt sleeves proving how he worked harder than he ever did before. Obama is no Clinton (either Bill or Hillary). Clinton knows that. Obama does not.
Obama is no Jesse Jackson either. Jackson would have known how to play it.
It is a shame such games are going on while our banks sink and the Chinese have pulled back all funds to await the fire sale, good friends that they are
For those who hate banks and bankers, slimey as they are, when the banks fall they fall on us. Those overfed bankers are not going on the titanic without us
McCain played it right, and he did the right thing as well
I want him to succeed for my sake and my friends and family
I am giving prayers for God’s guidance
Meanwhile Zogby 9-25-08 has election a draw and predicts a landslide either way
The more the pols build stress in DC over this mess, the more people will seek refuge. Pelosi is no comfort and she is getting the press, not Obama
entagor on September 26, 2008 at 11:28 AM
MC needs to debate tonight. That way the Comunist Democratic proposals will be shown to 80 million people.
The no shale production Reid tried to slip in under the table.
I thought B Frank was the only one who worked his majic under the table.
Rick007 on September 26, 2008 at 11:28 AM
YES YES YES AND YES!
FiveWays on September 26, 2008 at 11:29 AM
Main street owns wall street.
TomLawler on September 26, 2008 at 11:30 AM
BowHuntingTexas on September 26, 2008 at 11:21 AM
In the long run you can’t worry about that. You have to do what you think is right and hope that’s what the people want. I am pretty sure at this moment a lot of Americans are looking at their elected officials wondering if this is really what they voted for. And you have to admit the difference in what you see and what other people see is sometimes beyond bizarre.
Cindy Munford on September 26, 2008 at 11:31 AM
Is anybody else as p!ssed as I am right now?
FiveWays on September 26, 2008 at 11:31 AM
Ed, I would like to compliment your choice of pictures of Pelosi. It’s perfect.
lionheart on September 26, 2008 at 11:31 AM
Are there any R’s out there explaining to reporters that House Republicans cannot “block” this bill from going through? That the Constitution doesn’t allow them to block it? Any of them? Dammit people, use your brains and push back on this meme!
Dudley Smith on September 26, 2008 at 11:33 AM
I think Pelosi and Allan Colms are sister and brother.
Rick007 on September 26, 2008 at 11:33 AM
I couldn’t help noticing AGAIN, that Nancy Legosi looks like the vampire that missed her midnight meal as she sat next to Dubya during the Bailout Gate meeting. I’m not quite sure what it is: gas, revulsion, gut-wrenching fear?
I heard that Bahney Fwank(er) was spitting all over everyone, but no was was offering raincoats and hats. It’s right up there with the anthrax mailings.
Judging from O’Reilly’s psycho-finger-breaker rant on radio, he’s got lots of bad loans or good loans that will be revealed
by the FBI investigation. It made me put my foot down and ban him from our TV viewing.
Christine on September 26, 2008 at 11:34 AM
I think McCain blundered by suspending his campaign. Now it begins.
BowHuntingTexas on September 26, 2008 at 11:35 AM
They didn’t offer masks either.
Christine on September 26, 2008 at 11:35 AM
If Barny the frankfruter man spits on you isn’t that hazardis waist?
Rick007 on September 26, 2008 at 11:36 AM
WTF kind of f’in g-damn comment is this?!!?? F these A**HOLES!!
;-) (Nothing personal, mind you.)
Yep. I could write at least 20 paragraphs of solid expletives right about now. All of them directed at the D-bags in Congress, especially that piece of sh*t Harry Reid.
Uh okay sorry. Thanks, I feel better now.
Gilda on September 26, 2008 at 11:36 AM
I just heard the debate is on
Rick007 on September 26, 2008 at 11:37 AM
Debate is on, and Obama lost his days of prep time in FL by having to go to DC (and going to the gym).
Wethal on September 26, 2008 at 11:38 AM
Fox News is now headlining that McCain will resume campaigning and go to the debate tonight. Hopefully, Mac will name names about the Dem effort to get 20% of profits from a bailout to ACORN, and specify that the CO in ACORN means “community organizaers”. Now what candidate claimed that title?
Even though there is no deal, the stock market isn’t really tanking. There are some losses, due to the Washington Mutual buyout by JP Morgan, but it’s not a major drop.
Who knows? Maybe people in Congress (for different reasons) came to the conclusion that the huge bailout wasn’t really necessary, and life goes on…
Steve Z on September 26, 2008 at 11:39 AM
Please McCain PLEASE! call these Democrap slimeballs BY NAME in the debates. Call them out!
FiveWays on September 26, 2008 at 11:40 AM
It’s supposed to be a debate on foreign policy. I’d like to see McCain open by suggesting that they switch it to the economy.
Wethal on September 26, 2008 at 11:40 AM
Perino speaking right now is WAY TOO NICE! She needs to be stearn. She needs to call out these DemScum.
FiveWays on September 26, 2008 at 11:41 AM
Bullshit! It’s either the right thing to do or it’s not. Pelosi and Reid are COWARDS! Why hasn’t the Messiah weighed in? If he thinks it’s the right thing to do, LET THEM PASS IT AND TAKE ALL THE CREDIT. They’ll all be heros, right? Looking towards McCain to cover their asses if PURE COMEDY and shows what chickenshits they really are.
BrianA on September 26, 2008 at 11:41 AM
Better yet- don’t suggest it, just do it!
FiveWays on September 26, 2008 at 11:41 AM
Obama possibly wanted the first debate on foreign policy on a Friday night (high school football!) so there wouldn’t be much of an audience. McCain has ensured that there will be a bigger one than expected. Now all he has to do is clean Obama’s clock in the debate.
Wethal on September 26, 2008 at 11:42 AM
It just occurred to me that the Demos and the Repubs, who are in deep with these corrupt companies are showing obvious signs of being addicted to getting their way. The withdrawl is only starting…
Christine on September 26, 2008 at 11:42 AM
Don’t play along with these scum Maverick- ATTACK!
FiveWays on September 26, 2008 at 11:43 AM
Drudge, clever guy, just posted Obama Hits the Gym just to get a great feedline, tastefully posted under the main headline
I wish Drudge still had his radio program, because I can imagine his conversations on these recent events
entagor on September 26, 2008 at 11:43 AM
Just heard that McCain will go to debate. Good move.
Christine on September 26, 2008 at 11:44 AM
FiveWays on September 26, 2008 at 11:31 AM
Yes, yes we are. File it away and the time will to use it.
Cindy Munford on September 26, 2008 at 11:47 AM
Perino- The Bush Admin. et al seem to be unaware that the Dems are playing slime-ball. I am so sick and tired of these anemic-ass responses from the White House. Don’t let the door hit you in the ass W.
FiveWays on September 26, 2008 at 11:48 AM
Yeah Cindy, I need to take a break, I can’t remember a time when politics have ever p!ssed me off this bad. I truly hate the Democrat Party with a passion.
FiveWays on September 26, 2008 at 11:50 AM
Guys and girls, what can WE do to get the bums out of Washington? I can vote my people out – although I will keep Mike Pence. But I have no control over Barney Frank and Chris Dodd, etc.
How can we INSIST that these crooks be exposed?
I’m serious. I’m stomping mad. I want answers. But I do trust in McCain. At this point we have to trust someone – or at least I choose too. I’m just afraid.
Oink on September 26, 2008 at 11:51 AM
Is this Pelois mask available for Holloween?
HornetSting on September 26, 2008 at 11:53 AM
And while we’re facing potential economic collapse, millions by the bucket full still go to the ACLU, NCLR, NAACP, ACORN and for research to understand why Geckos can talk on TV.
If we are forced to send a trillion dollars into netherland, doesn’t it make sense to cut all unnecessary funding?
Speakup on September 26, 2008 at 11:54 AM
This country was founded on a Revolution over lesser injustices than this.
We need another revolution in this country. Conservative versus Liberal Socialist Communism.
FiveWays on September 26, 2008 at 11:58 AM
The Dems Reid and Dodd come out and bury the McCain and the GOP.
And the Republican response…..*crickets chirping*………
Is there ANY GOP leadership? ANY?
FiveWays on September 26, 2008 at 12:00 PM
I don’t know what you are getting at.
I don’t think the Dems have enough to pass, that is a bluff.
When Boehner got involved, everything was changed.
To pass this bill you need both the Senate and the House, they do not have the house…and I don’t think anyone wants to stand and vote alone on this bailout because it looks like they are helping the “man”. Liberal Democrats need the Republicans to take the heat from their far left base. This is bailing out big business, not the little man.
I disagree with Ed’s assesment…Newt hoping in, McCain, Boehner, and others stops the process from the Republicans side, and I think pulls some Dems in.
right2bright on September 26, 2008 at 12:02 PM
I am resigned to some kind of bail out but please write your representatives about the earmarks being added to this monstrosity. IF there should ever be a profit, which I doubt, then it should be put in a real Social Security account.
Cindy Munford on September 26, 2008 at 12:13 PM
I see Shipley had his head handed to him and slinked away under his rock…
right2bright on September 26, 2008 at 12:23 PM
Thank you SPEAKUP.
Why is it the the left leaning politians can not talk to the american people without giviving something for nothing.
If CRA and ACORN have failed so badly how can the left keep
promoting thier agendas. Why is that the left will not take responsibilty for the the lefts failed policies?
I know that the right warned that the the the u.s. that the policies of carter,clinton w3ould cause problems in the economy. I hold the reps almost as much as I do the dems.
The right has never been vocal enough to warn the american public of the dangers of something for nothing.
TomLawler on September 26, 2008 at 12:24 PM
If the taxpayers are being asked to take on this risky business venture, then any profits should go to the taxpayer, and ONLY the taxpayer.
OldEnglish on September 26, 2008 at 12:33 PM
Agreed. But McCain needs help. He’s stepped up and gotten involved. Now we need to hold the House Republicans accountable and get them speaking out.
McCain stepping up is one thing, but we need all the elected voices in Congress to back him up and keep him from swinging in the wind by himself.
The Democrats are doing nothing by trying to cram another farce bill through and keep the cameras off their corruption. Notice- every one of them is complaining about the “Presidential campaign spotlight”. They are like roaches that scatter as soon as the lights come on and go back into their dark holes to engage in more corruption.
McCain- the time to name names and make them famous is now.
Everyone else, it’s time for us to demand the same from our elected officials.
The farce stops now.
Damiano on September 26, 2008 at 12:46 PM
Write your Senators and Reps. Demand:
1. A bill that is targeted to solve the problems, not simply throw money at them while ignoring the fundamental issues. This bill only serves to continue to fund the existing problem. For 700 billion, we deserve a solution; not a continuation of the same
2. Transparency and accountability- I want the names of everyone who was involved in things getting to this point, everyone who has added pork to this bill and everyone who personally stands to gain from it. I want investigations and prosecution of those accountable to be a conditional part of this funding.
3. I want a return on investment. You do not “guess” with $700 billion. You either make a wise investment or you do not invest. I would rather suffer an immediate loss than prop up a failing system, reward corruption and foster further loss.
If we are paying $700 billion, it better be a solution and not a political stunt. $700 billion is more than enough to buy a bionic man and we damn well better not only get a band aid.
Damiano on September 26, 2008 at 12:54 PM
Damiano on September 26, 2008 at 12:54 PM
Is there any such thing as transparency? The minute new rules get made, people are hired to get around them. Look at how they came up with a way to have a borrower have two mortgages to avoid mortgage insurance only to have the borrower default on both. Somewhere, somehow it has got to become important to do the right thing and I am not seeing the desire at this minute.
Cindy Munford on September 26, 2008 at 1:00 PM
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