Some suggest McCain blew bailout on purpose

[ucatchtrout]

Stephanopoulos Suggests McCain Blew Up Bailout for Personal Gain
By Nathan Burchfiel (Bio | Archive)
September 26, 2008 - 16:39 ET
http://newsbusters.org/blogs/nathan...os-suggests-mccain-blew-bailout-personal-gain



Sen. John McCain's decision this week to suspend his campaign and return to Washington to help address the financial mess wasn't an example of his campaign slogan "Country First." Instead - according to Democrats and the media - it was a chance for McCain to sabotage the deal so he could take credit for rebuilding it.

"Some Democrats suspect that he tried, that he's coming in, working with the House Republicans to blow this up so he can put it back together and get some credit," ABC Washington correspondent George Stephanopoulos said and "World News with Charles Gibson" Sept. 25. "It's not clear that he's signed on entirely to the House Republican plans."

 

[PapaG]

How many times do I have to point out that the Dems control both sides of Congress and should have been able to pass their own bill without any GOP votes? McCain didn't blow anything up. That take is all spin to cover up the fact that the Democrats can't even get their own party to agree with the bill.

 

[julius]

How many times do I have to point out that the Dems control both sides of Congress and should have been able to pass their own bill without any GOP votes? McCain didn't blow anything up. That take is all spin to cover up the fact that the Democrats can't even get their own party to agree with the bill.

Oh if it were that easy and simple. Or should I say, if you didn't have such a limited grasp on how politics work and that not everyone in a political party is going to agree with their party all of the time, someone might take that comment seriously.

 

[The_Lillard_King]

So McCain said he as going to postpone his campaign to help resolve the financial crisis . .. country first.

Does that mean he will continue to suspend his campaign?

 

[Denny Crane]

Democrats could have passed it on their own, but wanted a bipartisan bill. Makes sense on some levels, but why have the reigns of power and not use them if the issue is truly one of the landmark issues of the past 50 years?

 

[Dumpy]

what's crazy is that Bush was in favor of the bill, too. You had the Democratic leadership working with Bush--how unlikely is that? And still nothing was accomplished. This is a head-scratcher for me.

 

[Denny Crane]

what's crazy is that Bush was in favor of the bill, too. You had the Democratic leadership working with Bush--how unlikely is that? And still nothing was accomplished. This is a head-scratcher for me.

How to catch flies with vinegar.

[video=youtube;ey3ZlsmIkz4]

 

[The_Lillard_King]

what's crazy is that Bush was in favor of the bill, too. You had the Democratic leadership working with Bush--how unlikely is that? And still nothing was accomplished. This is a head-scratcher for me.

That is what I don't get. Bush, a republican president, wants to pass a bill that the republicans are against.

I'm sure it makes sense to those that understand politcs, but I'm glad someone else finds this crazy.

 

[maxiep]

How to catch flies with vinegar.

When I saw that, I was reminded by this scene (around the 1:00 mark)

[video=youtube;gR7HDERBCQE]

 

[maxiep]

That is what I don't get. Bush, a republican president, wants to pass a bill that the republicans are against.

I'm sure it makes sense to those that understand politcs, but I'm glad someone else finds this crazy.

We're not a parliamentary system. There are different wings in each party. The Republicans have a strong small-government wing, and President Bush represents big government.

 

[Dumpy]

How to catch flies with vinegar.

how do you find these things? If that speech made a difference, as some allege, the republicans should be ashamed of themselves. Even Marty McFly learned not to react when he was called yellow-bellied.

 

[Dumpy]

We're not a parliamentary system. There are different wings in each party. The Republicans have a strong small-government wing, and President Bush represents big government.

usually they fall in line, perhaps in return for other favors, but they fall in line.

 

[Denny Crane]

how do you find these things? If that speech made a difference, as some allege, the republicans should be ashamed of themselves. Even Marty McFly learned not to react when he was called yellow-bellied.

It's been widely reported that the bill failed by 13 votes and that 12 republicans who had their arms twisted to vote for the bill changed their mind after Pelosi's speech. With that knowledge, finding the clip on youtube wasn't hard.

She's in a position where counting votes before voting on bills like this is a prerequisite skill. She may have wanted to sabotage the bill herself by making this kind of speech at the 11th hour. Or she's plain stupid. I wouldn't count out the latter, or both. Certainly I find the latter true.

EDIT: it may seem that the bill wouldn't have passed based upon my math above. Think again! The vote was 228-205. If the 12 republicans had voted, it'd have been 217-216 and passed.

 

[Dumpy]

She's not a consensus builder. She is the end creation of 15 years of the partisan crap that has engulfed Washington.

 

[Denny Crane]

She's not a consensus builder. She is the end creation of 15 years of the partisan crap that has engulfed Washington.

If there ever was a STFU moment, this was it.

 

[Nikolokolus]

Gah, Pelosi is garbage.

I think everyone can agree with me on this one point (regardless of your political stripe) is it too much to ask for to have competent fucking people running our mother fucking governemnt?

 

[Denny Crane]

It seems to me there's a much cheaper way to solve the banking mess. Raise the FDIC and FSLIC insurance levels to $500K, then people in rich places like California wouldn't be as eager to withdraw their money and it would stop the runs on some of the banks.

 

[JE]

Gah, Pelosi is garbage.

I think everyone can agree with me on this one point (regardless of your political stripe) is it too much to ask for to have competent fucking people running our mother fucking governemnt?

I agree with that.





ITS THE DEMOCRATS FAULT!!!!!! =0

 

[The_Lillard_King]

As recently as Monday morning, only minutes before the House's stunning vote, McCain suggested that his call for a White House summit meeting Thursday, and his visit with unhappy House Republicans that preceded it, had helped clear the way for the bill's passage.

"I went to Washington last week to make sure that the taxpayers of Ohio and across this great country were not left footing the bill for mistakes made on Wall Street and in Washington," he told a crowd in Columbus, Ohio. "Some people have criticized my decision, but I will never, ever be a president who sits on the sidelines when this country faces a crisis."

On NBC's "Meet the Press" Sunday, top adviser Steve Schmidt said McCain managed "to help bring all of the parties to the table, including the House Republicans, whose votes were needed to pass this."

The comment suggested that McCain took responsibility for rounding up the needed GOP votes, "and that was probably a stupid thing for him to promise to do," said Democratic adviser Jennifer Palmieri.

http://news.yahoo.com/s/ap/20080930/ap_on_el_pr/candidates_bailout

 

[MARIS61]

It seems to me there's a much cheaper way to solve the banking mess. Raise the FDIC and FSLIC insurance levels to $500K, then people in rich places like California wouldn't be as eager to withdraw their money and it would stop the runs on some of the banks.

Their isn't enough money to realistically insure every American investor at the $100,000 limit, thanks to Bush bankrupting our nation for Halliburton, so I fail to see how inflating that already dishonest number by 500% will instill confidence in any investor.

 

[Денг Гордон]

As one of my far left professors says, "There is only one person in this country that scares the shit out of me, and that is Nancy Pelosi".

Why she has a leadership position in the house, and was even elected in the first place is amazing to me. The woman is vile.

 

[Tortimer]

As one of my far left professors says, "There is only one person in this country that scares the shit out of me, and that is Nancy Pelosi".

Why she has a leadership position in the house, and was even elected in the first place is amazing to me. The woman is vile.

I'm glad I'm not the only on that feels this way. At least some far left can see the truth. I just don't understand how she got elected by the Democrats.

 

[julius]

She's the Sarah Palin of the Democratic party.

 

[maxiep]

usually they fall in line, perhaps in return for other favors, but they fall in line.

Really? Do you care to point to one example where House Republicans "fell in line" on a bill promoted by the Democratic Party and the Bush Administration? I think about the Bush/Kennedy work on education, and even then most Republicans refused to vote for it.

 

[MARIS61]

I watched all 3 parts of the video, can't stand Pelosi, but fail to see what you object to in this instance.

The bailout is a treasonous scam on America, she was bright enough to see that, and she made that knowledge public.

That's her job.

Too bad most politicians are either in on it, or too stupid to recognize it.

 

[Ed O]

The bailout is a treasonous scam on America, she was bright enough to see that, and she made that knowledge public.

That's her job.

How did she vote when this "treasonous scam" came up to a vote?

And if she voted FOR it, seeing it how you claim she sees it, what does that make her?

Ed O.

 

[Denny Crane]

Their isn't enough money to realistically insure every American investor at the $100,000 limit, thanks to Bush bankrupting our nation for Halliburton, so I fail to see how inflating that already dishonest number by 500% will instill confidence in any investor.

Not every investor has $100K to start with. The FSLIC insures accounts for $500K. People in California are withdrawing funds from banks at an alarming rate, which is putting them under - they need the cash deposits to survive. Insurance isn't paid out unless there's a reason for the claim. It's better than actually shelling out $700B to insure these accounts with that $700B and never have to use a dime of it.

Anyone but me notice the dollar is getting stronger and stronger these days?

 

[AgentDrazenPetrovic]

Not every investor has $100K to start with. The FSLIC insures accounts for $500K. People in California are withdrawing funds from banks at an alarming rate, which is putting them under - they need the cash deposits to survive. Insurance isn't paid out unless there's a reason for the claim. It's better than actually shelling out $700B to insure these accounts with that $700B and never have to use a dime of it.

Anyone but me notice the dollar is getting stronger and stronger these days?

I've noticed it too. All in due time IMO. Oil is under $100 a barrel too.