Cap’n AMatrixca
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Meanwhile, Sidd says they are so Patriotic that they are Nazies...
Who to believe...?
Who to believe...?
Nancy Pelosi had challenged Republican's "Patriotism!"
- Thread starter Cap’n AMatrixca
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MeeMie
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The greatest hurdle to overcome to solve the financial crisis is making the Democrats understand that NOW is NOT THE TIME for political maneuvering.
Do they think that no one can see through their ploys? The nation is disgusted with them.
There is no other explanation for this factual chronology of political maneuvering
Shortly after the bailout vote, a statement from the campaign of Sen. John McCain (R-Ariz.) blamed the loss on "the Democratic leadership: Senators [Barack] Obama and [Harry] Reid, Speaker [Nancy] Pelosi and others.
"Their partisan attacks were an effort to gain political advantage during a national economic crisis. By doing so, they put at risk the homes, livelihoods and savings of millions of American families," said the statement, released in the name of senior policy adviser Douglas Holtz-Eakin.
Here is the text of the statement:
“From the minute John McCain suspended his campaign and arrived in Washington to address this crisis, he was attacked by the Democratic leadership: Senators Obama and Reid, Speaker Pelosi and others. Their partisan attacks were an effort to gain political advantage during a national economic crisis. By doing so, they put at risk the homes, livelihoods and savings of millions of American families.
“Barack Obama failed to lead, phoned it in, attacked John McCain, and refused to even say if he supported the final bill.
“Just before the vote, when the outcome was still in doubt, Speaker Pelosi gave a strongly worded partisan speech and poisoned the outcome.
“This bill failed because Barack Obama and the Democrats put politics ahead of country.” — McCain-Palin senior policy adviser Doug Holtz-Eakin
Before McCain Came To Washington, Senate Democrats Called On McCain For Leadership In Economic Crisis:
Senate Majority Leader Harry Reid (D-NV):
"We Need The Republican Nominee For President To Let Us Know Where He Stands And What We Should Do." Reid: "We need, now, the Republicans to start producing some votes for us. We need the Republican nominee for president to let us know where he stands and what we should do."
(Sen. Harry Reid, Press Conference, Washington, D.C., 9/23/08)
ABC News: White House Has Been Told By Democrats "That There Is No Deal If McCain Doesn't Go Along." "A Democratic leadership source says that White House Chief of Staff Josh Bolten has been told that Democratic votes will not be there if McCain votes no — that there is no deal if McCain doesn't go along."
(George Stephanopoulos, "McCain; Holds Key To Administration's Bailout Passage On Capitol Hill," ABC News, 9/23/08)
Roll Call: Senate Majority Leader Harry Reid Told The White House That Senator John McCain Was Crucial To Any Bailout Deal. "Fearing a political backlash against Democrats, Senate Majority Leader Harry Reid (D-Nev.) has told the White House that it must serve up support from Republican presidential nominee Sen. John McCain (Ariz.) if it hopes to ensure bipartisan backing for a massive economic bailout package by week's end."
(Erin P. Billings and John Stanton, "Reid Seeks McCain Pledge," Roll Call, 9/24/08)
• Roll Call: "McCain Holds The Key To … A Bipartisan Vote, According To Reid …" "McCain holds the key to such a bipartisan vote, according to Reid, because Republicans are likely to defer to his position on a bill that holds political peril. McCain on Tuesday night joined Democratic presidential nominee Sen. Barack Obama (Ill.) in lending qualified support for the $700 billion package, but it remains unclear whether his backing is strong enough and timely enough to persuade the Congressional rank and file."
(Erin P. Billings and John Stanton, "Reid Seeks McCain Pledge," Roll Call, 9/24/08)
• Senator Reid Told Secretary Paulson That Senator McCain Was Necessary For Any Agreement. "According to a Democratic aide familiar with the discussions, Reid told Paulson this week that 'if McCain didn't come out for this thing and come out for it quickly, it was going to begin bleeding Republican votes.' Democrats 'have a very real concern that opposition [from McCain] is going to drive away potential Republican votes,' this aide said."
(Erin P. Billings and John Stanton, "Reid Seeks McCain Pledge," Roll Call, 9/24/08)
After John McCain Returned To Washington, Democrats Attacked Him Instead Of Accepting His Help
The Wall Street Journal: Democrats "Dismissed" McCain's Return To Washington "As Political Gimmickry." "Republican Sen. John McCain said he would suspend campaigning to help tackle a $700 billion bailout proposal and called on Democratic rival Sen. Barack Obama to postpone their debate Friday, as the roiling U.S. financial crisis took center stage in the presidential campaign. Democrats dismissed the moves as political gimmickry …" (Laura Meckler, Elizabeth Holmes and Christopher Cooper, "Financial Crisis Upends Campaign," The Wall Street Journal, 9/25/08)
"In Interviews After The Meeting, Obama Pointed A Finger At His Rival For The Faltering Talks…" (Michael D. Shear and Jonathan Weisman, "Debate Still In Limbo As Democrats Blame McCain For Interrupting Process," The Washington Post, 9/26/08)
Senate Majority Leader Harry Reid (D-NV) Said It "Would Not Be Helpful" To Have McCain Return To Washington To Work On The Bailout Plan. "Senate Majority Leader Harry Reid, in a statement that would be unlikely to go out without the Obama campaign's approval, dismisses McCain's suspension: 'This is a critical time for our country. While I appreciate that both candidates have signaled their willingness to help, Congress and the Administration have a process in place to reach a solution to this unprecedented financial crisis. … But it would not be helpful at this time to have them come back during these negotiations and risk injecting presidential politics into this process or distract important talks about the future of our nation's economy. If that changes, we will call upon them.'" (Ben Smith, "Reid: McCain Return 'Would Not Be Helpful,'" The Politico's "Ben Smith's Blog," www.politico.com, 9/24/08)
• Reid: "We Need Leadership; Not A Campaign Photo Op." (Ben Smith, "Reid: McCain Return 'Would Not Be Helpful,'" The Politico's "Ben Smith's Blog," www.politico.com, 9/24/08)
House Speaker Nancy Pelosi (D-CA) Said She Didn't Want McCain's Help With The Bailout Bill. "John McCain called Speaker Nancy Pelosi this afternoon to deliver the news as well, saying he was coming back to help with the bailout bill. Pelosi's response: We got it covered senator. 'We are making progress,' Pelosi told McCain, according to a Democratic aide familiar with the conversation. 'Thanks but no thanks, Senator McCain.'" (Martin Kady II, "McCain Also Called Pelosi," The Politico's "The Crypt" Blog, www.politico.com, 9/24/08)
Senate Banking Committee Chairman Chris Dodd (D-CT) Said The White House Meeting "Looked Like A Rescue Plan For John McCain." "'What this looked like to me was a rescue plan for John McCain for two hours,' said an angry Sen. Christopher J. Dodd (D-Conn.), who had all but declared the deal done earlier in the day. 'To be distracted for two to three hours for political theater doesn't help.'" (Michael D. Shear and Jonathan Weisman, "Debate Still In Limbo As Democrats Blame McCain For Interrupting Process," The Washington Post, 9/26/08)
Sen. Chuck Schumer (D-NY) Said McCain Should "Get Out Of Town." "During a speech on the Senate floor this morning, Sen. Chuck Schumer (D) urged President Bush to 'respectfully tell Sen. McCain to get out of town. He's not helping.' … He added, 'When you inject presidential politics into some of the most difficult negotiations under normal circumstances, it is fraught with difficulty. Before McCain made his announcement, we were making great progress. Now after his announcement, we are behind the 8 ball. We have to put things back together again.'" (Mark Murray, "Schumer: McCain Is 'Not Helping,'" MSNBC's "First Read" Blog, firstread.msnbc.msn.com, 9/26/08)
Sen. Claire McCaskill (D-MO): "Frankly We Had A Deal Until John McCain Came To Town To Play Politics." (MSNBC's "MSNBC Live," 9/26/08)
"[House Financial Services Committee Chairman Barney] Frank Also Blamed McCain For Making A Dramatic Announcement To Suspend His Campaign And Return To Washington For The Talks, Saying That Threw Off The Balance Of The Negotiations." (Alison Vekshin and James Rowley, "House Republicans Undercut Bush On Rescue, Slow Talks," Bloomberg News, 9/26/08)
House Majority Leader Steny Hoyer (D-MD) Said "Injecting Presidential Politics In This Critical Issue Would Not Be Helpful." "We are making progress and injecting presidential politics in this critical issue would not be helpful to quickly producing the best proposal for the American people. Senator McCain sounds like a man in a 100 yard race who is 50 yards out, 25 yards behind and wants to suspend the race. … Senator Obama called Senator McCain this morning to ask him to join in a joint statement of principles on a response to the financial crisis. It would be helpful for Mr. McCain to follow Mr. Obama's lead." (Rep. Steny Hoyer, "Hoyer Statement On McCain's Announcement To Suspend Campaign, Delay Debate," Press Release, 9/24/08)
• Hoyer Critcized McCain For Calling To Postpone The Debate. Hoyer: "With the election only a few weeks away, the American people deserve to hear from the presidential candidates on a variety of issues. The best forum for this type of discourse is a debate and the campaigns owe it to the American public to proceed as planned." (Rep. Steny Hoyer, "Hoyer Statement On McCain's Announcement To Suspend Campaign, Delay Debate," Press Release, 9/24/08)
Speaker Pelosi’s Partisan Speech From Well Of House
Speaker Pelosi's Partisan Speech From The Well Of The House Of Representatives Attacking Republicans Turned Off Potential Republican Votes. "Opponents said part of the reason for the opposition from Republicans was what they termed a partisan speech by House Speaker Nancy Pelosi, said one GOP source. 'Pelosi's partisan speech has caused our members to go berserk and may cost us any remaining chance to pass the bill,' the source said. Pelosi had said that Congress needed to pass the bill, even though it was an outgrowth of the 'failed economic policies' of the last eight years. 'When was the last time someone asked you for $700 billion?' she asked. 'It is a number that is staggering, but tells us only the costs of the Bush administration's failed economic policies — policies built on budgetary recklessness, on an anything goes mentality, with no regulation, no supervision, and no discipline in the system.'"
When John McCain Returned To Washington, There Was No Deal In Place
"Give us your assessment of the statement that Harry Reid made a little bit earlier during that news conference. He didn't use John McCain's name, but he said things were proceeding along 'swimmingly,' essentially. And then he said a certain person came to Washington and then wheels fell off. Is that an accurate description of what happened?"
Fox News' Carl Cameron: "No. There wasn't a deal. You first have to accept a predicate that there was an arrangement agreed to by all the necessary lawmakers and authorities — that was essentially a piece of paper and a proposal that had been discussed and agreed to buy one senate committee — that's not the same as a deal. A deal in budget parlance and bailout parlance requires the White House, the regulators, the House and Senate Republicans and Democrats. And because House Republicans were not given an adequate seat at the table, Republicans had great misgivings about this — the American people have great misgivings about this — I mean 60% and more in many polls say that the public just doesn't like this."
• Cameron: "So McCain's role in this was to bring about progress for a deal, which as of this hour has not yet existed. They are getting closer, they say, but because there was a commerce committee deal does not constitute finality, that was McCain's point — and he has been making it since Monday. And Harry Reid saying that we shouldn't inject Presidential politics into this and then immediately turning to John McCain raises some questions."
• Click Here To Watch: http://www.youtube.com/watch?v=QpThx-tZPGc
Sen. Joe Lieberman (D-CT): "There never was a deal yesterday. That was a big lie. There was kind of a framework that a few people agreed on, but you make a deal by the negotiations that Senator McCain helped bring about which are happening right now."
Do they think that no one can see through their ploys? The nation is disgusted with them.
There is no other explanation for this factual chronology of political maneuvering
Shortly after the bailout vote, a statement from the campaign of Sen. John McCain (R-Ariz.) blamed the loss on "the Democratic leadership: Senators [Barack] Obama and [Harry] Reid, Speaker [Nancy] Pelosi and others.
"Their partisan attacks were an effort to gain political advantage during a national economic crisis. By doing so, they put at risk the homes, livelihoods and savings of millions of American families," said the statement, released in the name of senior policy adviser Douglas Holtz-Eakin.
Here is the text of the statement:
“From the minute John McCain suspended his campaign and arrived in Washington to address this crisis, he was attacked by the Democratic leadership: Senators Obama and Reid, Speaker Pelosi and others. Their partisan attacks were an effort to gain political advantage during a national economic crisis. By doing so, they put at risk the homes, livelihoods and savings of millions of American families.
“Barack Obama failed to lead, phoned it in, attacked John McCain, and refused to even say if he supported the final bill.
“Just before the vote, when the outcome was still in doubt, Speaker Pelosi gave a strongly worded partisan speech and poisoned the outcome.
“This bill failed because Barack Obama and the Democrats put politics ahead of country.” — McCain-Palin senior policy adviser Doug Holtz-Eakin
Before McCain Came To Washington, Senate Democrats Called On McCain For Leadership In Economic Crisis:
Senate Majority Leader Harry Reid (D-NV):
"We Need The Republican Nominee For President To Let Us Know Where He Stands And What We Should Do." Reid: "We need, now, the Republicans to start producing some votes for us. We need the Republican nominee for president to let us know where he stands and what we should do."
(Sen. Harry Reid, Press Conference, Washington, D.C., 9/23/08)
ABC News: White House Has Been Told By Democrats "That There Is No Deal If McCain Doesn't Go Along." "A Democratic leadership source says that White House Chief of Staff Josh Bolten has been told that Democratic votes will not be there if McCain votes no — that there is no deal if McCain doesn't go along."
(George Stephanopoulos, "McCain; Holds Key To Administration's Bailout Passage On Capitol Hill," ABC News, 9/23/08)
Roll Call: Senate Majority Leader Harry Reid Told The White House That Senator John McCain Was Crucial To Any Bailout Deal. "Fearing a political backlash against Democrats, Senate Majority Leader Harry Reid (D-Nev.) has told the White House that it must serve up support from Republican presidential nominee Sen. John McCain (Ariz.) if it hopes to ensure bipartisan backing for a massive economic bailout package by week's end."
(Erin P. Billings and John Stanton, "Reid Seeks McCain Pledge," Roll Call, 9/24/08)
• Roll Call: "McCain Holds The Key To … A Bipartisan Vote, According To Reid …" "McCain holds the key to such a bipartisan vote, according to Reid, because Republicans are likely to defer to his position on a bill that holds political peril. McCain on Tuesday night joined Democratic presidential nominee Sen. Barack Obama (Ill.) in lending qualified support for the $700 billion package, but it remains unclear whether his backing is strong enough and timely enough to persuade the Congressional rank and file."
(Erin P. Billings and John Stanton, "Reid Seeks McCain Pledge," Roll Call, 9/24/08)
• Senator Reid Told Secretary Paulson That Senator McCain Was Necessary For Any Agreement. "According to a Democratic aide familiar with the discussions, Reid told Paulson this week that 'if McCain didn't come out for this thing and come out for it quickly, it was going to begin bleeding Republican votes.' Democrats 'have a very real concern that opposition [from McCain] is going to drive away potential Republican votes,' this aide said."
(Erin P. Billings and John Stanton, "Reid Seeks McCain Pledge," Roll Call, 9/24/08)
After John McCain Returned To Washington, Democrats Attacked Him Instead Of Accepting His Help
The Wall Street Journal: Democrats "Dismissed" McCain's Return To Washington "As Political Gimmickry." "Republican Sen. John McCain said he would suspend campaigning to help tackle a $700 billion bailout proposal and called on Democratic rival Sen. Barack Obama to postpone their debate Friday, as the roiling U.S. financial crisis took center stage in the presidential campaign. Democrats dismissed the moves as political gimmickry …" (Laura Meckler, Elizabeth Holmes and Christopher Cooper, "Financial Crisis Upends Campaign," The Wall Street Journal, 9/25/08)
"In Interviews After The Meeting, Obama Pointed A Finger At His Rival For The Faltering Talks…" (Michael D. Shear and Jonathan Weisman, "Debate Still In Limbo As Democrats Blame McCain For Interrupting Process," The Washington Post, 9/26/08)
Senate Majority Leader Harry Reid (D-NV) Said It "Would Not Be Helpful" To Have McCain Return To Washington To Work On The Bailout Plan. "Senate Majority Leader Harry Reid, in a statement that would be unlikely to go out without the Obama campaign's approval, dismisses McCain's suspension: 'This is a critical time for our country. While I appreciate that both candidates have signaled their willingness to help, Congress and the Administration have a process in place to reach a solution to this unprecedented financial crisis. … But it would not be helpful at this time to have them come back during these negotiations and risk injecting presidential politics into this process or distract important talks about the future of our nation's economy. If that changes, we will call upon them.'" (Ben Smith, "Reid: McCain Return 'Would Not Be Helpful,'" The Politico's "Ben Smith's Blog," www.politico.com, 9/24/08)
• Reid: "We Need Leadership; Not A Campaign Photo Op." (Ben Smith, "Reid: McCain Return 'Would Not Be Helpful,'" The Politico's "Ben Smith's Blog," www.politico.com, 9/24/08)
House Speaker Nancy Pelosi (D-CA) Said She Didn't Want McCain's Help With The Bailout Bill. "John McCain called Speaker Nancy Pelosi this afternoon to deliver the news as well, saying he was coming back to help with the bailout bill. Pelosi's response: We got it covered senator. 'We are making progress,' Pelosi told McCain, according to a Democratic aide familiar with the conversation. 'Thanks but no thanks, Senator McCain.'" (Martin Kady II, "McCain Also Called Pelosi," The Politico's "The Crypt" Blog, www.politico.com, 9/24/08)
Senate Banking Committee Chairman Chris Dodd (D-CT) Said The White House Meeting "Looked Like A Rescue Plan For John McCain." "'What this looked like to me was a rescue plan for John McCain for two hours,' said an angry Sen. Christopher J. Dodd (D-Conn.), who had all but declared the deal done earlier in the day. 'To be distracted for two to three hours for political theater doesn't help.'" (Michael D. Shear and Jonathan Weisman, "Debate Still In Limbo As Democrats Blame McCain For Interrupting Process," The Washington Post, 9/26/08)
Sen. Chuck Schumer (D-NY) Said McCain Should "Get Out Of Town." "During a speech on the Senate floor this morning, Sen. Chuck Schumer (D) urged President Bush to 'respectfully tell Sen. McCain to get out of town. He's not helping.' … He added, 'When you inject presidential politics into some of the most difficult negotiations under normal circumstances, it is fraught with difficulty. Before McCain made his announcement, we were making great progress. Now after his announcement, we are behind the 8 ball. We have to put things back together again.'" (Mark Murray, "Schumer: McCain Is 'Not Helping,'" MSNBC's "First Read" Blog, firstread.msnbc.msn.com, 9/26/08)
Sen. Claire McCaskill (D-MO): "Frankly We Had A Deal Until John McCain Came To Town To Play Politics." (MSNBC's "MSNBC Live," 9/26/08)
"[House Financial Services Committee Chairman Barney] Frank Also Blamed McCain For Making A Dramatic Announcement To Suspend His Campaign And Return To Washington For The Talks, Saying That Threw Off The Balance Of The Negotiations." (Alison Vekshin and James Rowley, "House Republicans Undercut Bush On Rescue, Slow Talks," Bloomberg News, 9/26/08)
House Majority Leader Steny Hoyer (D-MD) Said "Injecting Presidential Politics In This Critical Issue Would Not Be Helpful." "We are making progress and injecting presidential politics in this critical issue would not be helpful to quickly producing the best proposal for the American people. Senator McCain sounds like a man in a 100 yard race who is 50 yards out, 25 yards behind and wants to suspend the race. … Senator Obama called Senator McCain this morning to ask him to join in a joint statement of principles on a response to the financial crisis. It would be helpful for Mr. McCain to follow Mr. Obama's lead." (Rep. Steny Hoyer, "Hoyer Statement On McCain's Announcement To Suspend Campaign, Delay Debate," Press Release, 9/24/08)
• Hoyer Critcized McCain For Calling To Postpone The Debate. Hoyer: "With the election only a few weeks away, the American people deserve to hear from the presidential candidates on a variety of issues. The best forum for this type of discourse is a debate and the campaigns owe it to the American public to proceed as planned." (Rep. Steny Hoyer, "Hoyer Statement On McCain's Announcement To Suspend Campaign, Delay Debate," Press Release, 9/24/08)
Speaker Pelosi’s Partisan Speech From Well Of House
Speaker Pelosi's Partisan Speech From The Well Of The House Of Representatives Attacking Republicans Turned Off Potential Republican Votes. "Opponents said part of the reason for the opposition from Republicans was what they termed a partisan speech by House Speaker Nancy Pelosi, said one GOP source. 'Pelosi's partisan speech has caused our members to go berserk and may cost us any remaining chance to pass the bill,' the source said. Pelosi had said that Congress needed to pass the bill, even though it was an outgrowth of the 'failed economic policies' of the last eight years. 'When was the last time someone asked you for $700 billion?' she asked. 'It is a number that is staggering, but tells us only the costs of the Bush administration's failed economic policies — policies built on budgetary recklessness, on an anything goes mentality, with no regulation, no supervision, and no discipline in the system.'"
When John McCain Returned To Washington, There Was No Deal In Place
"Give us your assessment of the statement that Harry Reid made a little bit earlier during that news conference. He didn't use John McCain's name, but he said things were proceeding along 'swimmingly,' essentially. And then he said a certain person came to Washington and then wheels fell off. Is that an accurate description of what happened?"
Fox News' Carl Cameron: "No. There wasn't a deal. You first have to accept a predicate that there was an arrangement agreed to by all the necessary lawmakers and authorities — that was essentially a piece of paper and a proposal that had been discussed and agreed to buy one senate committee — that's not the same as a deal. A deal in budget parlance and bailout parlance requires the White House, the regulators, the House and Senate Republicans and Democrats. And because House Republicans were not given an adequate seat at the table, Republicans had great misgivings about this — the American people have great misgivings about this — I mean 60% and more in many polls say that the public just doesn't like this."
• Cameron: "So McCain's role in this was to bring about progress for a deal, which as of this hour has not yet existed. They are getting closer, they say, but because there was a commerce committee deal does not constitute finality, that was McCain's point — and he has been making it since Monday. And Harry Reid saying that we shouldn't inject Presidential politics into this and then immediately turning to John McCain raises some questions."
• Click Here To Watch: http://www.youtube.com/watch?v=QpThx-tZPGc
Sen. Joe Lieberman (D-CT): "There never was a deal yesterday. That was a big lie. There was kind of a framework that a few people agreed on, but you make a deal by the negotiations that Senator McCain helped bring about which are happening right now."
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Mr. Show
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Democrats delivered their votes - Republicans didn't. If you're looking for blame to throw - seems to me it should be tossed at the side that didn't do their job. At the end of the day - whatever Pelosi said, there is no excuse for Republicans to be so thin skinned and weak kneed as to put their own petty pride above the good of the country. They gambled your entire economy because of a speech? I don't buy it, no way.
Quote all the McCain campaign statements you like - it doesn't make them truth - and it doesn't make them right.
Fact is - Republicans voted down this measure, and the democrats didn't force them to. They make up their own minds, and not even the mighty sword of John McCain was able to sway them.
Quote all the McCain campaign statements you like - it doesn't make them truth - and it doesn't make them right.
Fact is - Republicans voted down this measure, and the democrats didn't force them to. They make up their own minds, and not even the mighty sword of John McCain was able to sway them.
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Hermogenes
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No surprise there
Because they expected bi-partisan coooperation and expected shared responsibility for the bill. But Republicans are famous for not taking responsibility and blame shifting.
But as usual Republicans put themselves in front of the needs of their country.
Looks like Pelosi was right.
Republicans are self interested pigs. I was watching them laugh and gloat when the bill failed, with the usual mocking looks on their arrogant faces.
In other words, they politicized this for the McSame campaign.
But I suspect their hubris will backfire.
RIP GOP 2008.
Because they expected bi-partisan coooperation and expected shared responsibility for the bill. But Republicans are famous for not taking responsibility and blame shifting.
But as usual Republicans put themselves in front of the needs of their country.
Looks like Pelosi was right.
Republicans are self interested pigs. I was watching them laugh and gloat when the bill failed, with the usual mocking looks on their arrogant faces.
In other words, they politicized this for the McSame campaign.
But I suspect their hubris will backfire.
RIP GOP 2008.
lavender
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Barney Frank's response was spot on:
Look at the video
http://talkingpointsmemo.com/archives/220689.php
Look at the video
http://talkingpointsmemo.com/archives/220689.php
I can't let that go, Ms. Pelozi was a FOOL to say what she did. The blame for losing votes rests squarely on her shoulders. She let women down. She let the country down. Shame on her.
StormCat
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If you quote or rely on Franks to support your stance, you are in big trouble.
These are the same people (Waters, Franks, Pelosi) who DEFENDED Fannie and Freddie , as well as Raines, 4 years ago when many Republicans including McCain and even Bush said there was a problem. When OFHEO testified to congress that there were major issues with the accounting department and major problems with Raines, the Dems blasted the regulator who said this to congress. EVEN BILL CLINTON said last week that the Democrats were to blame for not allowing regulation which he said even the Republicans (as well as himself) wanted.
The problem was letting people who had no business owning a home buy a house by underwriting the loan and zero down payment (the idea was hopefully more minorities could own housing). If you look at the bill passed in 1992 as well as Waters defense in 2004 this is what is said.
The idea was the buying a house would become an American right of passage other than a goal. This was okay as long as the house values continued to go up.
The republicans are to blame also because they didnt have the backbone in 2004 to stand up to the above mentioned people (as well as others) and regulate this because they were afraid they would be labeled insensitive to minorities, those most effected by the passage of the 1992 (I think) bill. When in reality there shouldnt have been a race issue about this because the business was bad regardless of who benefited from it.
Today the blame can be 100% on Pelosi. She shot here mouth off prior to the vote which caused enough to switch her vote. Also, she couldnt even secure enough votes in her own party to get it passed. She is a joke and should be removed as a result. The Democratic party would be much better off lead by someone like Chet Edwards (TX) to lead the House.
The Republicans who did switch their vote just because she shot her mouth off, have a little blame. But regardless it comes down to Pelosi not getting enough of her own people to pass it.
Also the Senate is to blame as well. If this as big of a crisis as they said it was, they should have been on call today to vote for the passage if it made it through the House. As is, they werent going to vote till later in the week. All the shows is they were just waiting to see how Americans/Market reacted to the passage of the bills. Shame on them too.
I dont blame the Dems or Republicans who didnt vote for it because they didnt agree with it all. They took a stand for something they believed in and felt the bailout was totally wrong and sent the wrong messages.
These are the same people (Waters, Franks, Pelosi) who DEFENDED Fannie and Freddie , as well as Raines, 4 years ago when many Republicans including McCain and even Bush said there was a problem. When OFHEO testified to congress that there were major issues with the accounting department and major problems with Raines, the Dems blasted the regulator who said this to congress. EVEN BILL CLINTON said last week that the Democrats were to blame for not allowing regulation which he said even the Republicans (as well as himself) wanted.
The problem was letting people who had no business owning a home buy a house by underwriting the loan and zero down payment (the idea was hopefully more minorities could own housing). If you look at the bill passed in 1992 as well as Waters defense in 2004 this is what is said.
The idea was the buying a house would become an American right of passage other than a goal. This was okay as long as the house values continued to go up.
The republicans are to blame also because they didnt have the backbone in 2004 to stand up to the above mentioned people (as well as others) and regulate this because they were afraid they would be labeled insensitive to minorities, those most effected by the passage of the 1992 (I think) bill. When in reality there shouldnt have been a race issue about this because the business was bad regardless of who benefited from it.
Today the blame can be 100% on Pelosi. She shot here mouth off prior to the vote which caused enough to switch her vote. Also, she couldnt even secure enough votes in her own party to get it passed. She is a joke and should be removed as a result. The Democratic party would be much better off lead by someone like Chet Edwards (TX) to lead the House.
The Republicans who did switch their vote just because she shot her mouth off, have a little blame. But regardless it comes down to Pelosi not getting enough of her own people to pass it.
Also the Senate is to blame as well. If this as big of a crisis as they said it was, they should have been on call today to vote for the passage if it made it through the House. As is, they werent going to vote till later in the week. All the shows is they were just waiting to see how Americans/Market reacted to the passage of the bills. Shame on them too.
I dont blame the Dems or Republicans who didnt vote for it because they didnt agree with it all. They took a stand for something they believed in and felt the bailout was totally wrong and sent the wrong messages.
Last edited:
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I have a goddamn emergency measure for them:
Start cutting the government budget, and thus cut taxes this year for everyone!
I'm talking a 50% tax cut for every taxpayer in the USA.
The fucking economy would boom!
Fine, then send a bill.
lavender
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That is ridiculous. I think Pelosi's language was ill timed - but people were not voting on her speech - they were voting on a piece of legislation.
To say that a speech influences the vote on a bill that is necessary to "shore up" (gotta channel some Palin) our financial system to prevent job loss and massive loss of pensions/401Ks - is ludicrous.
And Pelosi did not let women down.
Let's look at the 200+ Republicans who didn't vote for the package - they are the ones who let us down.
I imagine Pelosi voted for the bill and got 2/3 of Democrats. I think she did her job.
I don't think she lost votes - that's a cop out. The Republicans didn't have the votes so they needed to blame someone.
Wok
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- 39,889
Good idea. Everyone else does.
Hey, they have been taking money from you for a long time. Might as well.
Mr. Show
Fraudulently Experienced
- Joined
- May 22, 2005
- Posts
- 2,902
Seriously? The Democrats brought in 140 'yes' - well above what they wanted to. 133 republicans voted 'no'.
Easy for republicans to think that the Democrats should own this mess on their own while the GOP gets to wipe its hands clean and say 'not my problem, fix it yourself'.
The question is how could a republican President, and John McCain fail to get a mere 78 congressmen to say yes? It's their failure, time to own it.
When you are the team leader, trying to close a deal with the other side, you don't go spewing vitriolic blather before the deal closes. She had 'fence sitters' that I'm sure would have gone along with her if she had allowed them dignity while accepting a non-popular compromise. As it is they basically said "up yours. If thats the way you feel, I'll attend to my re-election and saying no to you will be popular with my constituents." She blew it and you are extremely niave if you don't see that.
Odd_ball
Literotica Guru
- Joined
- Jul 14, 2008
- Posts
- 6,719
I hope this never passes.
ALl taxpayers shouod get rebates for past government bailouts.
Anyone who enjoys paying taxes to bailout these corporate CEO's salaries deserves to be a slave.
Most of these bailouts over the past 8 years could have been avoided if the corporate management simply cut their own salaries.
ALl taxpayers shouod get rebates for past government bailouts.
Anyone who enjoys paying taxes to bailout these corporate CEO's salaries deserves to be a slave.
Most of these bailouts over the past 8 years could have been avoided if the corporate management simply cut their own salaries.
Mr. Show
Fraudulently Experienced
- Joined
- May 22, 2005
- Posts
- 2,902
Where's the mention of the republican leadership here? Do they have any? Who were all these thin-skinned republicans whining to? Did anyone step up and tell them to quit being pouty little children and step up to do the deed? No. Of course not. A few words from Pelosi - and not even very partisan words at that - and suddenly all principal goes out the window. You are beyond naive if you really think that these republicans were swayed by a few words from Pelosi.
StormCat
Literotica Guru
- Joined
- Nov 16, 2005
- Posts
- 667
THey most republicans, dont support the bailout, those that do, do so because they feel they have to. Republicans, as well as John McCain (who said on Friday he supports what the House Republicans want), just want the government to guarantee the loans, not buy them (oversimplification).
