Let’s commit to action but without the rush. First, stop digging by stopping new risky loans. Second, fine a method of valuing those tainted loan bundles that are still producing income.

Tell me again… what party has the majority in the House and in the Senate? And why didn’t the ever-vigilant MSM explain to the American voters that the Dems have this majority vote power?

Guess all my fellow repubs against this bailout have a nice storehouse of gold to get them through the hard times.

eaglewingz08 on September 29, 2008 at 4:57 PM

Not all of us but some of us have peace of mind in knowing that opposing socialism is better for the country than rolling over and letting government use our taxes to buy loans that were made by greedy egomaniacs who loaned to anyone to meet quota.

We can’t all have three mortgages, two auto loans, college funds, a 401K and a hot tub. It is about time this country understands this and if there is some pain along the way, so be it.

Ryan’s no squish, either; he helped lead the GOP revolt a few days ago.

And now he flip-flopped just a few days later. Had Obama flip-flopped so fast, ’squish’ would be one of the more polite words used against him. He should have stuck to his guns but now he is nothing more than a tool of Pelosi’s socialist revolution.

BUT, fix the fundamentals at the same time: repeal the CRA now!

I have ZERO confidence that pouring billions into bad loans will have any more positive impact than handing your credit card to an alcoholic cousin with a gambling debt. Cousin gets to live another day but will come back for more money in 6 months having learned nothing. Sometimes being your brothers keeper means letting your brother know he’s on his own.

But a press conference is more than they could muster previously.

That’s so true I don’t know whether to laugh at the truth or cry at how low our expectations are for House Republicans.

*Sigh*

The key here is message discipline. The “Nancy hurt our feelings” quotes given to the media are an unforced error that could undercut the principled disagreement to the bill and allow the Democrats an easy avenue of attack.

Slublog on September 29, 2008 at 2:53 PM

Yeah that was stupid, I won’t disagree with that. I’d have preferred them come out with a message. But a press conference is more than they could muster previously. So maybe they are growing something.

http://clerk.house.gov/evs/2008/roll674.xml

She couldn’t get her own party to vote for this thing, Slu. She only needed 11 votes to push this through and couldn’t get them from the 94 dems that voted against this bill.
She’s a failure and a disgrace.
techno_barbarian on September 29, 2008 at 2:58 PM

Agreed on Pelosi, but there was no need to make the stupid error of playing the victim card.

The key here is message discipline. The “Nancy hurt our feelings” quotes given to the media are an unforced error that could undercut the principled disagreement to the bill and allow the Democrats an easy avenue of attack.

Slublog on September 29, 2008 at 2:53 PM

Agreed……but there were just enough Republican that were going to swallow this poisonous pill and vote for what they thought was “the best fix” however temporary. Pelosi had enough votes on both sides right up to her speech. Dems are still in their “little room” trying how to come out a spin this…..Maybe her arrogance will turn into a blessing!

The key here is message discipline. The “Nancy hurt our feelings” quotes given to the media are an unforced error that could undercut the principled disagreement to the bill and allow the Democrats an easy avenue of attack.

Slublog on September 29, 2008 at 2:53 PM

She couldn’t get her own party to vote for this thing, Slu. She only needed 11 votes to push this through and couldn’t get them from the 94 dems that voted against this bill.

She’s a failure and a disgrace.

The people who caused this mess are the ones trying to fix it?

We are not relying on OJ to find the real killers are we?

If this were serious, they’d take it seriously. They are not. They are being partisan hacks. This crisis is made up to win an election. Nothing more, nothing less.

At least we got out there first this time.

That’s nothing compared to the narrative being written as we speak.

Slublog on September 29, 2008 at 2:33 PM

Eh, and we’ve benefited from the narrative game when exactly? The news media writes the narrative. They’re writing it right now, flatly ignoring facts and reality, to protect the Democrat party and their chosen candidate.

We will never win the war of the narrative when we continually play the role assigned to us by those whose objective is to destroy us.

I think the filter clipped my last post, so I’ll put it this way this time:

Stupid b**ch.

The problem is, once that story gets wider play, GOP attempts to explain their votes on principle will go down in flames.

Slublog on September 29, 2008 at 2:38 PM

The Democratic party has the MAJORITY in the house…..they could have passed this WITH THEIR VOTES. I’m not sure the media is going to be able to spin this when the DEMs had enough of both sides to pass this until the pathetic Speaker of the House decided to make this a partisan issue. I hope the egg on her face never comes off.

The problem is, once that story gets wider play, GOP attempts to explain their votes on principle will go down in flames.

Slublog on September 29, 2008 at 2:38 PM

How so? If people can be made to know that this doesn’t fix anything; it’s just a bandaid, the republicans will look fine. If the republicans do not explain themselves, then they’ll look like crap.

So, the latter is the most likely event.

Either way, I’m not even convinced this is a real problem. I think its more manufactured than anything else.

If this were not an election year, this would not be a major catastrophe. Guaranteed.

Stupid bitch.