Seems like it was more Gingrich than Pelosi. So... Gingrich has more power than McCain in the GOp?? Not Good John.

 

can you keep this stuff in the Dem thread? or at least the general election thread? i mean do we need this anti-McCain spam in every thread?

 

*ends rant*

Edited September 30, 200817 yr by mr_genius

?

 

that makes no sense. i understand she gave some hack of a speech, but voting against the bailout probably had little to do with that. even before her speech most of these same Republicans and Democrats were against the current bailout structure.

Everyone knows why they voted against the bill, but for someone to say out loud that people voted against the bill because of Pelosi's garbage garbage speech (everyone by now should know nobody likes Pelosi) and planned on voting for it until that moment is laughable. Anyone that actually did that (and I know nobody did, it's just pathetically weak political cover is all) should be immediately removed from Congress. That's one of the pettiest things I've ever heard.

There were a couple of GOP representatives that said exactly that. And it's shameful. Let her implode her own party, she doesn't need any help.

 

There were a couple of GOP representatives that said exactly that. And it's shameful. Let her implode her own party, she doesn't need any help.

 

oh i'm sure some idiots voted against the bill because of Pelosi. but this bill was doomed before she decided to bless us with her insight.

Edited September 30, 200817 yr by mr_genius

How often does the speaker of the house get replaced? Is it after every election/reshuffling, or is it whenever there is a new majority? (Assuming the actual speaker gets re-elected, which they almost always do)

As long as the Dems are in power, she can stay in power as long as she doesn't get voted out by her caucus.

Or maybe because its a bad bill.

 

Barney Frank shoving his grill in front of the camera talking about how this is the bad evil republicans fault. Yet this is the same tool who did everything in his power to block any oversight of Fannie Mae and Mac. Back in 05 when people started to wonder about the stability of the 2 companies, Frank argued how fiscally sound Mac and Mae are and how they provide a service. He fought any oversight on this, and to me is one of the big bad guys in this whole mess. Yet he has the gaul to throw blame.

 

I watched the Barney Frank presser yesterday and I didn't get that sense at all. And believe me when I say that I look for an excuse to be mad at Barney Frank. I thought he was uncharacteristically diplomatic about the whole event and when the questions came out about whether Pelosi's speech sunk the deal, he so much as said that this idea was an insult to Republicans and said that he couldn't believe that people would change their view on something viewed with such importance based on a few words by Nancy Pelosi. He even basically offered to apologize to the supposed 12 GOP Congressmen who changed their vote based on this.

I watched the Barney Frank presser yesterday and I didn't get that sense at all. And believe me when I say that I look for an excuse to be mad at Barney Frank. I thought he was uncharacteristically diplomatic about the whole event and when the questions came out about whether Pelosi's speech sunk the deal, he so much as said that this idea was an insult to Republicans and said that he couldn't believe that people would change their view on something viewed with such importance based on a few words by Nancy Pelosi. He even basically offered to apologize to the supposed 12 GOP Congressmen who changed their vote based on this.

His tone was sarcastic about the "apologizing" though.

His tone was sarcastic about the "apologizing" though.

 

I don't think that he has any other tone, to be frank.

I don't think that he has any other tone, to be frank.

 

Just throwing this out there for debate:

What if instead of giving $700 billion to Wall Street, we take that $700 billion spread it out to every single US citizen?

Edited October 1, 200817 yr by Athomeboy_2000

Just throwing this out there for debate:

What if instead of giving $700 billion to Wall Street, we take that $700 billion spread it out to every single US citizen?

Its not giving $700B to Wall Street. Its acquiring debt instruments that are made up of things like mortgages, that the people in this country are behind on.

 

They are about to revote in the house on this clusterf***. My prediction is that it passes, and the Dow is at either 10500 or 11000 at the end of the day. God knows which one it will be, but we will move hard. I would straddle the 10750's.

LOL, a 700 billion dollar bailout becomes a freakin transportation bill of special interest.

So far the yes's are up 145-70

 

This thing is going to fly through.

The fact that this thing is passing because it has more pork than a pig farm tells you how wonderful our Congress is. I will not be voting for a single incumbent.

Just Passed

Just Passed

And the market plummets after it's signed.

 

I can only conclude the market thinks it was a mistake, and we must all listen to the market.

And the market plummets after it's signed.

 

i'm not surprised

Paul Krugman's take:

Has the bailout already failed?

 

OK, I know that’s premature. And I place no weight at all on the fact that the Dow plunged after the vote.

 

But it is interesting that short-term Treasury yields are down — only 0.13% on one-month — suggesting that the flight to safety continues unabated. Against this, John Jansen reports some signs that money markets are unfreezing, slightly.

 

We’ll learn more next week. But I have a prediction: well before January 20, Congress will be asked to vote on bailout 2.0.

Paul Krugman's take:

 

But I have a prediction: well before January 20, Congress will be asked to vote on bailout 2.0.

 

oh hell no. don't even bring it up as a possibility

 

 

i can only imagine what bailout II would entail.

 

oh hell no. don't even bring it up as a possibility

 

 

i can only imagine what bailout II would entail.

So many things that need earmarks...so little time..l..

Well, I've thought about this a little bit, and you all will love my tin foil hat theory on this one.

 

I think the ENTIRE THING was orchestrated.

 

RSO is 100% our next president, and this whole thing the way it played out was done to shift the power to him. I have to work today and tomorrow but I will expand on why I think that's true later, but I wanted to throw that out there.

 

By the way, this isn't Kaperbole ™, I'm actually serious.

 

 

Well, I've thought about this a little bit, and you all will love my tin foil hat theory on this one.

 

I think the ENTIRE THING was orchestrated.

 

RSO is 100% our next president, and this whole thing the way it played out was done to shift the power to him. I have to work today and tomorrow but I will expand on why I think that's true later, but I wanted to throw that out there.

 

By the way, this isn't Kaperbole ™, I'm actually serious.

For someone who consantly points out the stupidity of our leaders... you are giving them an awful lot of credit for being able to pull something like that off.

 

I don't believe for a second that these years of financial forces were somehow orchestrated. Not because some people wouldn't want to - but simply because the scale and complexity would make it near impossible. And even if you could come close, SO many people would have to be involved that it would break down the most important thing to know about conspiracies - for each person added to a conspiracy, the chances of it leaking out grow exponentially, until reaching 100%.

 

Now, if you just mean the bill itself, then yeah - of course its orchestrated. Its a bill. And yes, Obama may have been part of the mindset for some of the writers of said bill.

 

I don't mean the financial crisis, I mean the actions of Congress on the bail out. From Paulson, to the House voting it down when they did, and then to the "compromise"... the entire process was orchestrated and shennanigans. The message was for John McCain to get the hell out of Washington and welcome RSO to the Big House. It was also a move to "socialism" - and I use that in quotes because I want to explain myself further when time permits. Back to work (the slave to the government that I'm becoming).