Video: Pelosi calls House GOP “unpatriotic”
posted at 9:21 pm on September 27, 2008 by Allahpundit
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Just the sort of rhetoric America needs to help these very delicate negotiations along. Compounding the nuance here is her reason for calling them unpatriotic: It’s not the fact that they’re holding out in the middle of a national emergency, it’s the fact that they neglected to show up for negotiations earlier in the week. Go ask Paul Kanjorski — Democrat Paul Kanjorski, who chairs the House Financial Services subcommittee on capital markets — whose fault that is. Then read Roll Call’s report about the Democrats sending eight negotiators to the table tonight when Paulson explicitly asked for two. We’re staring down the barrel of the worst disaster since Katrina or maybe even 9/11 and these people are playing douchebag psych-out games with each other. I can’t wait to see what this poll looks like next week.
The more I think about it, the more I have to believe Kristol’s wrong and things are (relatively) fine. They simply wouldn’t be jerking around this way if there really was an economic nuclear missile inbound. Click your ruby slippers together three times and repeat: They can’t be that stupid, they can’t be that stupid, they can’t be that stupid…
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You have figured it out.
Hinmahtooyahlatkek on September 28, 2008 at 12:27 AM
boo hoo, I go out to dinner with a real world business expert, and eat great food and drink great wine (suffering selflessly for you guys) and report what I was told, and nobody cares? I’ll repost it:
Just got back from dinner with my dad. CPA, very successful Big 3 auto dealer. Here’s what he said:
1. liquidity crisis is real
2. it will take taxpayer dollars, but he reiterated that it will make the gvmt money in the long run
3. 700 billion is way too much money
4. Bush is a moron for letting his Goldman Sachs alumni convince him that it would cost 700 billion (Paulson and Bolton)
5. the sky will not fall if negotiations take until Tuesday or Wednesday, but it would be better if they get it done by Monday
interesting side note: WaMu failed because, in his words, they decided to become “the Wal-Mart of mortgage banks” and built lots of offices in “the ghetto” and made loans to people who could and would never pay them back. He said it was a terrible plan that was bound to fail, and (surprise!) it failed.
FWIW
funky chicken on September 28, 2008 at 12:27 AM
Terrye, Feliz Cumpleanos.
SkinnerVic on September 28, 2008 at 12:27 AM
I take it you want another new deal with all the socialism therein then.
phronesis on September 28, 2008 at 12:27 AM
BuckeyeSam on September 28, 2008 at 12:18 AM
I like to think there is a silent majority too. I pray people will wake up and see whats really happening, who is responsible for this mess, and vote wisely to make a difference.
artchick on September 28, 2008 at 12:28 AM
Cindy:
I think people kind of know the media is full of idiots.
Terrye on September 28, 2008 at 12:28 AM
Doing well, thank you! He called this morning and told me he is taking late tour RR afterall. He is waivering between London and home. I told him to go to London and forget coming home this time around. That’s just more pressure on him, family, friends, etc, etc. After three tours he needs R and R, not 10,000 questions.
Limerick on September 28, 2008 at 12:29 AM
Vince:
The world recovered from WW1,WW2, the Black Death, the global influenza epidemic, asteroids, and a couple of ice ages…but that does not mean we invite disaster.
Terrye on September 28, 2008 at 12:30 AM
!&*&%#$@$#%&*&%*&%&#$@#!
Cardiganfox on September 28, 2008 at 12:30 AM
change stocks to homes in the following and understand what is at stake.
The crash followed a speculative boom that had taken hold in the late 1920s, which had led hundreds of thousands of Americans to invest heavily in the
stock markethome market, a significant number even borrowing money to buy morestockhomes. By August 1929,brokersbanks were routinely lending smallinvestorshome owners more than2/3150% of the face value of thestockshomes they were buying. Over $8.5 billion450 trillion was out on loan, more than the entire amount of currency circulating in the U.S.[9] The risingsharehome prices encouraged more people toinvestbuy homes; people hoped thesharehome prices would rise further. Speculation thus fueled further rises and created an economic bubble. The averageP/E (price to earnings) ratio of S&P Composite stockshome price was32.6double sometimes triple in September19292008,[10] clearly above historical norms. Most economists view this event as the most dramatic in modern economic history. On October24, 19292007 (with the Dow just past its September 3 peak of381.1714,000), the market finally turned down, and panic selling started.12,894,650record volume shares were traded in a single day as people desperately tried to mitigate the situation. This mass sale was considered a major contributing factor to the Great Depression 2.0. Economists and historians, however, frequently differ in their views of the crash’s significance in this respect.[citation needed] Some hold that political over-reactions to the crash, such as the passage of theSmoot-Hawley Tariff Actbailouts through the U.S. Congress, caused more harm than the crash itself.[citation needed]http://en.wikipedia.org/wiki/Wall_Street_Crash_of_1929
unseen on September 28, 2008 at 12:31 AM
TURN ON FOX
Cardiganfox on September 28, 2008 at 12:31 AM
No deal Pubs’ … let the Dem’s pass it on their own.
Benjamin9 on September 28, 2008 at 12:31 AM
Cindy Munford on September 28, 2008 at 12:27 AM
Pretty much anything that came out of congress from 2002-2006 and was full of pork should have been vetoed. Those were the years the GOP controlled both houses of congress, and should have been drastically increasing funding for a military expansion because we are at war…instead Trent Lott, Ted Stevens, Duke Cunningham and the rest of the bunch were acting like democrats and sending money to their cronies, etc.
Bush very well could have deployed the veto pen, and then scheduled press conferences to tell those miscreants that the American people didn’t elect repubicans to do that kind of crap. We would have a huge GOP majority in congress and a GOP successor in the White House would be almost guaranteed.
funky chicken on September 28, 2008 at 12:31 AM
Why the heck would I want that phronesis? That is not what brought us a recovery. It bought votes and the democrats still are buying votes. (as well as some republicans)
Vince on September 28, 2008 at 12:32 AM
Little slow I am tonight dude. I appreciate what your Pop is telling you. I have a hand running two businesses, and I can tell you that cash is king in both right now. People’s liquidity suck and receivables are getting lashed like a rat to keep them in check. WaMu isn’t half as bad as what happened to TPG. I read about that in the WSJ this morning over breakfast. They took it like Elisabeth in Leaving Las Vegas…
SkinnerVic on September 28, 2008 at 12:32 AM
Benjamin9 on September 28, 2008 at 12:31 AM
Deal is done, watch fox.
Cardiganfox on September 28, 2008 at 12:32 AM
I have SNL on, and it’s been almost all crap, but the Bill Clinton non-endorsement of Obama was pretty damn funny. It was during Weekend Update.
juliesa on September 28, 2008 at 12:33 AM
They are all smiling….
“Is it just a shit eating grin?”
We will see tomorrow..
Better be
No Acorn and NO BS in the bill!
Chakra Hammer on September 28, 2008 at 12:33 AM
I’m way beyond disappointed with the whole lot of them, all 535, but to think that this Pelosi person is third in line is depressing beyond belief. They’re, under her “leadership,” going to do nothing until it’s too late to do anything.
Whether one agrees with the bailout or not, the distinct lack of leadership is causing more consternation in the world markets — thus festering fear, uncertainty and doubt that will devastate the economy unnecessarily.
Take a stand Nancy, or get the hell out of the way.
We need ballots this November clearly indicating who the incumbents are, so even those that don’t pay attention can vote them out without research.
ShoreMark on September 27, 2008 at 10:15 PM
They either have to get the Republicans on borad to share the blame, or blame the Republicans for not getting it done in time. If they can’t get the Republicans on board, and the market tanks, they can say that they did the best they could to salvage what is left after the Republicans thwarted their efforts. Either way it is a win win for the Dems. They are not stupid, they are vile and cunning.
N4646W on September 28, 2008 at 12:33 AM
Terrye – I am not saying that we invite disaster. I am saying that perhaps it is not such a disaster. If we need this bailout, the disaster was invited long ago.
Vince on September 28, 2008 at 12:33 AM
Chakra Hammer on September 28, 2008 at 12:33 AM
ACORN is still in, it is written all over their faces.
Cardiganfox on September 28, 2008 at 12:34 AM
I hope to hell that the Pubs’ did not sell us out … going to be hell to pay if they did.
Benjamin9 on September 28, 2008 at 12:34 AM
If it has Acorn and lots of BS in it let the Dems pass that Socialist BS! OR better yet Filibuster the MOFO!!!!!!!!!
NO ACORN!
Chakra Hammer on September 28, 2008 at 12:34 AM
Prove it, and in the mean time………… it also could have had something to do with this:
……….. and in the mean time, when a Democrat in the minority would hold a news conference stating that the Republicans were burning babies on a spit and eating puppies and kittens for breakfast it was headline news and all over the “news ever ten minutes” on every radio station across the nation.
……….. and when the Democrats were in the majority and held a news conference, the Repulicans were still feasting on babies, kittens, and puppies.
………….. go figure?
The MSM are part of this problem, and if you don’t see it, you are blind.
Seven Percent Solution on September 28, 2008 at 12:34 AM
Terrye,
I am not so sure. I am pretty sure people think that financial folks know what the heck they are doing but look where we are. Do you think if I started doing a really crappy job at work that they would pay me more. Or better yet take over my bill entirely? And how is that evil evil company Haliburton doing? It seems like this mess is the Dem’s Enron x 20 but no one will notice.
Cindy Munford on September 28, 2008 at 12:34 AM
Awesome! I’m glad to hear it….
funky chicken on September 28, 2008 at 12:35 AM
REVOLT!!!!!!!!!!!!
Chakra Hammer on September 28, 2008 at 12:35 AM
INah…..*fifth column Feral Boy* doing recon
Limerick on September 28, 2008 at 12:24 AM
OH! God love ya. What am I talkin’ about?
Bishop on September 28, 2008 at 12:35 AM
funky chicken:
Thanks for the information. I am confused on the price. It seems people either think that 700 billion is way too much or way too little.
I heard a guy from WAMU say they fell because so many people went online and withdrew money. it was a sort of cyber bank run.
Terrye on September 28, 2008 at 12:35 AM
fat frog Frank … wipe your chin.
Benjamin9 on September 28, 2008 at 12:36 AM
Thanks for the heads up.
JustTruth101 on September 28, 2008 at 12:36 AM
HA has the best, glad to share the flat earth with ya funky.
Limerick on September 28, 2008 at 12:36 AM
No Wonder D.C. has a hand gun ban!
They steal our Money! they fear a revolt and revolution!
Chakra Hammer on September 28, 2008 at 12:36 AM
amazing agreement at 12:30 in the morning on a Sunday. I question the timing.
unseen on September 28, 2008 at 12:37 AM
Seven Percent Solution on September 28, 2008 at 12:34 AM
I have never been a big fan of boycotts and so forth but I think now is the time. Print media is on the edge as it is but I think it is time to start contacting advertisers and the outlets themselves. We have put up with this too long.
Cindy Munford on September 28, 2008 at 12:37 AM
Look at Schumers face!
Cardiganfox on September 28, 2008 at 12:37 AM
Anybody know whether ACORN still gets 20%? I missed the first few minutes…
JustTruth101 on September 28, 2008 at 12:38 AM
It’ll take more then a music box to keep me on board ;)
Limerick on September 28, 2008 at 12:38 AM
Mav … go and bust this thing up … NO SELLOUT BILLS
Benjamin9 on September 28, 2008 at 12:38 AM
I just turned to Fox. What happened? It’s on Hannity and Colmes reruns.
lorien1973 on September 28, 2008 at 12:39 AM
seven percent solution:
It seems they did not kill enough. But that is how it works.
When Bush said we needed to reform social security, they said he wanted old ladies to starve in a gutter.
My guess is that is why the Republicans did not do more oversight, the Democrats claimed ownership of the programs and let them know there would be hell to pay. They decided it was not worth the fight. Of course if they knew then what they know now…
Terrye on September 28, 2008 at 12:39 AM
Deal is done, watch fox.
Cardiganfox on September 28, 2008 at 12:32 AM
Why did my buttcheeks suddenly clench together? Why did my wallet run screaming from the house? Why did I have a sudden urge to play squirrel and pack acorns into my mouth?
Bishop on September 28, 2008 at 12:39 AM
I hope it means the GOP republicans got some of what they wanted.
You know if the dems could have held out for 100% of their demands the announcement would have happened in prime time, right?
funky chicken on September 28, 2008 at 12:40 AM
Ok, what happened, I turned on FOX only to see a very uncomfortable man saying a lot of nothing. The very end.
Cindy Munford on September 28, 2008 at 12:40 AM
JustTruth101 on September 28, 2008 at 12:38 AM
They gave no specifics but looked way too happy. Reid and Schumer especially so.
Cardiganfox on September 28, 2008 at 12:41 AM
Easy there, crew. This is the initial MSM reaction coming out. Let’s let a bit of the dust settle before we roll out the B52s.
Limerick on September 28, 2008 at 12:41 AM
WAMU, failed because they deserved to fail, they were sending me pre-approved credit card offers for the past 3-4 months..(And i promptly threw them into the paper shredder 3 times a week) BTW.. I don’t bank with WAMU I have no Idea how they got my name or address.. and i’m Poor as hell.
They deserved to fail, you don’t send a pre-approved credit card to a poor stranger and expect your company to survive. LMAO.
Chakra Hammer on September 28, 2008 at 12:41 AM
funky chicken on September 28, 2008 at 12:40 AM
If it was a good clean bill they would have announced it during the Sunday shows. This smacks of a sellout. By tommorrow morning the MSM will have the talking points down and will start selling it. By Sunday afternoon its over.
unseen on September 28, 2008 at 12:42 AM
Lim blasts ‘Rock Lobster’ as he takes over control of the television set.
Limerick on September 28, 2008 at 12:42 AM
I will hand out the crossbows just in case. Someone warm-up the Interceptor, we may need to head out of here in a hurry.
Bishop on September 28, 2008 at 12:42 AM
Nothing is over.
Benjamin9 on September 28, 2008 at 12:43 AM
Cardiganfox on September 28, 2008 at 12:41 AM
I never want to see them happy again.
Cindy Munford on September 28, 2008 at 12:44 AM
Chakra Hammer on September 28, 2008 at 12:41 AM
yeah they just increased by credit line like 3,000 for no reason didn’t ask for only had the card about a year. zero interest till mar 2010. wonder how long that lasts now…
unseen on September 28, 2008 at 12:44 AM
root cause of their insolvency was their years and years of “ghetto” loans, according to my dad
I got out of Bank of America because they have started doing the same crap. Supposedly they are in good shape financially, but there are lots of banks that don’t aggressively seek out the illegal alien credit client. I read a few reports that BOA does … therefore they can do so without my money for backup
funky chicken on September 28, 2008 at 12:44 AM
Let the pendulum swing.
winemkr on September 28, 2008 at 12:44 AM
unseen:
Do we know that for sure?
People have been watching pretty close. I think they would have announced the bill no matter what time it was.
I turned on TV, saw nothing.
Terrye on September 28, 2008 at 12:45 AM
I only caught the tail end of the fox stuff, but it didn’t look like they agreed to anything substantive at all.
phronesis on September 28, 2008 at 12:45 AM
the democrats didn’t want a good clean bill.
funky chicken on September 28, 2008 at 12:45 AM
And tomorrow’s another day. It’s yet MY COUNTRY, warts and tribulations notwithstanding. I love it regardless.
That said, goodnight, good people, and have an excellent Sunday.
irongrampa on September 28, 2008 at 12:46 AM
“Let all the poisons that lurk in the mud hatch out!”
Limerick on September 28, 2008 at 12:46 AM
Maybe the aholes were altering the Constitution rather than the bail-out, just as Chavez said needed to happen. Knowing our cowardly, communist libs as I do, it wouldn’t surprise me.
New Amendment: Obarky is the new President for Life of America and conservatism is officially outlawed.
Bishop on September 28, 2008 at 12:46 AM
Cindy Munford on September 28, 2008 at 12:44 AM
Me either.
Something interesting that happened there was they gave credit to Pelosi for the solution. Just a little clue as to how horrible this must be.
Cardiganfox on September 28, 2008 at 12:46 AM
Nothing is over.
Benjamin9 on September 28, 2008 at 12:43 AM
its been over since last thurs when paulson come to the hill. The last week and a half have been trying to sell it due to elections. If this would have happened in jan or feb the bill would have already been passed. 5 weeks we get a vote on this. I will not be voting for it.
unseen on September 28, 2008 at 12:46 AM
Cardiganfox:
They might be happy just because it is done.
Terrye on September 28, 2008 at 12:47 AM
If they got a deal done… great! Now the world is saved and we don’t have to worry about anything no more! Right?
Gosh! The politicians saved us just in time for the elections. You know, the staff does all the grunge work up there and we do not have a clue as to who they are!
This Rahm Emmanuel guy. The dark force is strong within him.
Ok! I need to go to bed now. I will go to church in the morning and cleanse myself of this yuckiness!
Vince on September 28, 2008 at 12:48 AM
WASHINGTON — Congressional leaders and the Bush administration have reached a tentative deal on a bailout of imperiled financial markets that could cost taxpayers hundreds of billions of dollars.
The House could vote on it Sunday and the Senate on Monday. House Speaker Nancy Pelosi announced the accord just after midnight Saturday and said it still has to be put on paper. Treasury Secretary Henry Paulson talked of finalizing the deal but added: “I think we’re there.”
The plan would spend up to $700 billion, most of it on buying deeply devalued mortgages from the housing market’s collapse and other bad loans held by tottering banks and other investors.
The aim is to prevent credit from drying up and causing a meltdown of the U.S. economy.
Bishop on September 28, 2008 at 12:49 AM
Terrye on September 28, 2008 at 12:45 AM
no just going on what is being said here.
The bill will be passed there is no question it won’t be. It was always going to pass. the reps can’t block it. I say the rep don’t vote for it and McCain run agains the greed of Congress protecting their fat cats….
unseen on September 28, 2008 at 12:49 AM
snort. jeez, I wonder why they went tits up? LOL
I mean, it’s not really funny except in a gallows humor sort of way. But you and Chakra just reinforced what my dad said about WaMu. Crappy business plan, which failed as one could predict.
But Chase got a bargain, so good for them, I guess.
funky chicken on September 28, 2008 at 12:49 AM
Terrye on September 28, 2008 at 12:47 AM
Could be if Paulson didnt have the I just got 700 billion dollars tone in his voice and look on his face. It really just looked like a celebration.
Cardiganfox on September 28, 2008 at 12:50 AM
It doesn’t matter what the Public Dole Representatives think about this bill. The folks holding Hang Seng paper will tell the tale in about 14 hours. Saved or screwed, it is all up to Darwin now.
Limerick on September 28, 2008 at 12:50 AM
tentative, huh? I guess we don’t get to hear the details today.
phronesis on September 28, 2008 at 12:50 AM
Nothing is put to paper yet. Dingy Harry said it would be written all night but with him saying it who knows.
BTW, the only Republicans I recognized were Blunt and Bachus.
I hope Boehner is getting his much deserved rest! He’s my hero.
Domino on September 28, 2008 at 12:51 AM
This was for the Cameras.. Don’t vote on it if it has ACORN IN IT!!!!!!!!!!! FILIBUSTER THE MOFO!!!!
Chakra Hammer on September 28, 2008 at 12:51 AM
I’m at the courthouse tomorrow to change my name to ‘ACORN’, by Tuesday I’ll be a millionaire.
Any of you try to copy me and I’ll hunt you down.
Bishop on September 28, 2008 at 12:52 AM
tentative, huh? I guess we don’t get to hear the details today.
phronesis on September 28, 2008 at 12:50 AM
details will come out in 6 weeks time…
unseen on September 28, 2008 at 12:52 AM
It’s not done, this was just a smile ease the “Future markets”, thats all..
Chakra Hammer on September 28, 2008 at 12:52 AM
LMAO!
Chakra Hammer on September 28, 2008 at 12:53 AM
That thought had occured to me as well.
phronesis on September 28, 2008 at 12:54 AM
–Congressional negotiators have been consulting with outside experts including billionaire investor Warren Buffett amid a focus on market reaction to the plan.
“We’ve had Warren Buffett on the phone tonight, other experts that we’ve been consulting,” Sen. Kent Conrad (D., N.D.) told reporters as he walked through the U.S. Capitol. He declined to identify other people with whom lawmakers have consulted.
Bishop on September 28, 2008 at 12:54 AM
Limerick thanks his lucky stars he didn’t land the Blue Heeler role.
Limerick on September 28, 2008 at 12:54 AM
Why throw a fit if you don’t know the details. They’ll start leaking out soon. Ed Henry says the House Republicans have not signed off.
CK MacLeod on September 28, 2008 at 12:55 AM
Why not let the American people see what they have written down and put it to the light of day?
Seven Percent Solution on September 28, 2008 at 12:55 AM
Chakra Hammer on September 28, 2008 at 12:52 AM
They wouldn’t do all that if it wasn’t done, the Asian markets open and then news slips out that the deal isn’t in fact done or some Republican comes out and says there was no deal and everything collapses? No. They cant risk it.
Cardiganfox on September 28, 2008 at 12:55 AM
–A Senate aide said a number of specific ideas appeared to be gaining traction Saturday evening, most notably the concept of creating a “financial stability” fund financed by Wall Street and styled in the mold of the deposit insurance program run by the Federal Deposit Insurance Corp.
Lawmakers had considered levying a tax on some securities transactions to help offset the cost of the $700 billion rescue plan, but the idea of assessing fees on a wide swath of financial firms to help pay for current and future government bailouts had its proponents.
Bishop on September 28, 2008 at 12:56 AM
Democrats eat pork and Acorns!
WTF!
Stealing our money, well.. i’m already poor you are the people that should be upset, I just know that with Socialism or Fascism that my Freedom is going to be taken away next!
I would rather be poor and Free…
Then
Poor and oppressed..
Chakra Hammer on September 28, 2008 at 12:56 AM
Because nothing is writtne down yet. The ‘honorable’ Congress has to wait on the aide’s aide’s aide to finish the draft.
Limerick on September 28, 2008 at 12:57 AM
That thought had occured to me as well.
phronesis on September 28, 2008 at 12:54 AM
its done. it’s over. the markets open sunday afternoon. the house will vote pass it and the markets open. futures are up the market rebounds and the Senate passes it. 6-8 weeks from now the market’s rally fails, recession comes and the markets roll over again. Dow 7,000 after BHO is elected. 12,000 if McCain is elected.
unseen on September 28, 2008 at 12:57 AM
If people who didn’t deserve the mortgages in the first place benefit because I’ve been paying my taxes for the last 3 decades, by getting to renegotiate their mortgages to lower their principal balance, I’m cashing out my credit cards, hiding the money but saying I lost it all gambling, quitting my job and no longer paying my mortgage so my home will go into foreclosure and I can renegotiate my principal balance. Bring that sucker on.
JustTruth101 on September 28, 2008 at 12:57 AM
They said they are working out the “details” and that they feel “confident”… Well………
hmmmm……
Chakra Hammer on September 28, 2008 at 12:57 AM
those “details” better include removing the Pork Acorns!
Chakra Hammer on September 28, 2008 at 12:58 AM
He declined to identify other people with whom lawmakers have consulted.
Bishop on September 28, 2008 at 12:54 AM
Soros
unseen on September 28, 2008 at 12:59 AM
My point exactly………………. and Barny Frank is off to enjoy some man-goo after he stood in front of the cameras and declared victory.
…………….. I call Bull-Sh&t
Seven Percent Solution on September 28, 2008 at 12:59 AM
Limerick thanks his lucky stars he didn’t land the Blue Heeler role.
Limerick on September 28, 2008 at 12:54 AM
I concur. Crossbow bolts to the chest should be avoided.
Bishop on September 28, 2008 at 12:59 AM
I would vote against the bill, if i was a in congress.
Chakra Hammer on September 28, 2008 at 12:59 AM
yep, could well be
that was part of the GOP plan. sounds good to me
funky chicken on September 28, 2008 at 1:00 AM
Right. I repeat, nothing is over. The Bill may or may not pass, but this WILL stick, no matter the outcome, for better or worse, in the minds of the people.
3rd party anyone?
Benjamin9 on September 28, 2008 at 1:00 AM
Biggles on the lot of them.
Limerick on September 28, 2008 at 1:00 AM
would vote against the bill, if i was a in congress.
Chakra Hammer on September 28, 2008 at 12:59 AM
every incumbant in a tight race will get to vote against it. everyone else will vote for it.
unseen on September 28, 2008 at 1:01 AM
–”House Republicans appeared to be conceding the point that the insurance scheme wouldn’t replace the asset purchase plan as they had previously insisted.”
Bishop on September 28, 2008 at 1:01 AM
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