Bush calls Barry O to D.C.; Update: McCain/Obama release joint statement (yawn)

By Michelle Malkin  •  September 24, 2008 08:28 PM

Scroll for updates…

ABC News reports that President Bush has hooked up with Barry O for bailout talks.

Do you have a sick feeling in your stomach?

Excerpt:

ABC News has learned that President Bush called Sen. Barack Obama, D-Ill., this evening and invited him to participate in a meeting about the Wall Street bailout bill tomorrow afternoon in Washington, DC, with other congressional leaders, including Sen. John McCain, R-Ariz.

Obama accepted the president’s invitation, a source tells ABC News.

Hey, is Jim Johnson coming with him?

Former Fannie Mae chairman Jim Johnson was dumped from Obama’s vice presidential search team, but he’s still playing a behind-the-scenes role on the campaign.

Former Senator Tom Daschle, a top Obama backer, emailed a select list this afternoon that he and Johnson would be leading a briefing intended largely for Clinton’s campaign brain trust next month.

“Jim Johnson and I have scheduled another informal breakfast discussion and update on the campaign early next month,” he wrote to a list including Senator John Kerry, James Carville, and Richard Holbrooke, as well as Clinton’s former top campaign aides, including Howard Wolfson, Geoff Garin, and Harold Ickes.

Johnson’s involvement comes at a moment when political association with the failed mortgage giants is particularly toxic. He was already the subject of a McCain ad attacking Obama.

***

Update 9:08pm Eastern. Bush is speaking. Meanwhile, McCain/Obama have e-mailed the “joint statement” they’ve taken all day to write.

Yawn…

For Immediate Release

Contact: Press Office

Wednesday, September 24, 2008

703-650-5550

ARLINGTON, VA — Today, U.S. Senators John McCain and Barack Obama issued the following statement:

“The American people are facing a moment of economic crisis. No matter how this began, we all have a responsibility to work through it and restore confidence in our economy. The jobs, savings, and prosperity of the American people are at stake.

“Now is a time to come together — Democrats and Republicans — in a spirit of cooperation for the sake of the American people. The plan that has been submitted to Congress by the Bush Administration is flawed, but the effort to protect the American economy must not fail.

“This is a time to rise above politics for the good of the country. We cannot risk an economic catastrophe. Now is our chance to come together to prove that Washington is once again capable of leading this country.”

Posted in: Subprime crisis

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Comments


  1. #467858
    On September 24th, 2008 at 8:29 pm, nlebou said:

    Sure do. It’s been there since Obummer excepted the nomination.

  2. #467859
    On September 24th, 2008 at 8:31 pm, Gator70 said:

    This is like a bad dream. Oh why oh why can’t I dream of puppies and rainbows?

  3. #467861
    On September 24th, 2008 at 8:31 pm, jencab said:

    Why did Bush call Obamination for?!

  4. #467860
    On September 24th, 2008 at 8:31 pm, The Ugly American said:

    This whole thing is turning into a freakin’ circus.

    Cue the clown car.

  5. #467862
    On September 24th, 2008 at 8:32 pm, nlebou said:

    accepted….duh

  6. #467863
    On September 24th, 2008 at 8:34 pm, Artbyruth said:

    I am glad Bush did this. It is about time Obama earned his paycheck for being a senator.

    Maybe now the American people will see the clear difference between the two candidates when Obama just sits there in the meeting not saying a word because he can’t.

    This is a chance for McCain to come out strong and he better. He should insist that the debate be about the economy and not about foreign policy.

    I have been seeing more McCain/Palin bumper stickers around town here in Phoenix, AZ lately. That’s a good sign.

  7. #467864
    On September 24th, 2008 at 8:34 pm, madchef said:

    Looks like Bush will be sporting an Obama lapel pin tomorrow.

  8. #467868
    On September 24th, 2008 at 8:36 pm, Milwaukee Mike said:

    The next administration can get some of the blame this way.

  9. #467870
    On September 24th, 2008 at 8:38 pm, love2rumba said:

    Bush has his own way of screwing himself up..and then wonders why he can’t win by a landslide.

    Personally, I think they are going to try to ram through this package in a “Bipartisan” way..and try to “Obama” it on the airwaves..however if they believe the Dems are going admit guilt and NOT pile on REpublicans they are mistaken.

    Maybe I should have stayed home in 2000.

  10. #467871
    On September 24th, 2008 at 8:38 pm, Goldwater Knight said:

    Stupid is as stupid does.

  11. #467872
    On September 24th, 2008 at 8:38 pm, Marshall Russ said:

    Thanks President Bush. You just let Obambi off the hook. McCain made the right choice by going to Washington and you had to call Obambi to participate. Give Obambi a tour and show him his future crib why don’t you.

  12. #467874
    On September 24th, 2008 at 8:40 pm, Brian72 said:

    The President has taken up McCain’s suggestion of a leadership meeting in DC. He personally called Obama to let him know that the train is leaving the station, and if he wants on it he better be there tomorrow. This says that McCain is taking the lead, and Obama is being dragged along by events.

    That looks bad for Obama to me, people.

  13. #467876
    On September 24th, 2008 at 8:41 pm, Phredd said:

    Maybe this was the answer to Reid’s telling McCain not to bother coming. It could have been pretty embarrassing for McCain if Reid wouldn’t even let him participate in the committee meetings.

  14. #467878
    On September 24th, 2008 at 8:41 pm, Brian72 said:

    Obama might have to reverse himself on what he said today, which can’t help him at all.

    Look who is moving the needle, and look who is following it.

  15. #467882
    On September 24th, 2008 at 8:42 pm, Valiant said:

    New tone.

  16. #467884
    On September 24th, 2008 at 8:43 pm, GJCorby said:

    On September 24th, 2008 at 8:31 pm, Gator70 said:
    This is like a bad dream. Oh why oh why can’t I dream of puppies and rainbows?

    You can dream of puppies and rainbows, but where Nobama is concerned the puppies are rabid man killers and the rainbows are of the fires from hell.

  17. #467885
    On September 24th, 2008 at 8:45 pm, WarEagle82 said:

    It is hard to imagine the change in my estimation concerning George W. Bush between 2000 and now.

    His last 3 to 4 years have been as dismal as Jimmy Carter. Frankly, I consider him and his administration pathetic jokes at this point. Except for the fact that they are laughing at me. All the way to the bank.

    He has wrecked the GOP, turned conservatism upside down, instituted sweeping socialist programs and been absent on any domestic policy until this bailout fiasco. I doubt the US will ever recover from George W. Bush.

    Up until the last week or so, I had toyed with the idea of pulling the lever for McCain-Palin in spite of my long held contempt for the man. But, the last few weeks, except for the brief euphoria of the Palin nomination, I find myself realizing all over again that McCain will finish the job of destroying the country that Bush has started.

    I won’t vote for the man. I am sick of him and his maverick ignorance. I am done with the GOP. I can’t take this any longer. The person I voted for twice has turned this nation into a bankrupt socialist country. The rest is just a d’enouement.

  18. #467886
    On September 24th, 2008 at 8:45 pm, Phredd said:

    Let’s see if Obama is good enough at multi-tasking to also make Clinton’s Global Initiative – that is if he was even invited…

  19. #467887
    On September 24th, 2008 at 8:46 pm, d1carter said:

    He said it would go if it was “helpful”. I didn’t know Bush had his cell number.

  20. #467891
    On September 24th, 2008 at 8:47 pm, d1carter said:

    Is McCain going to deliver the Prez and Repub’s at the last minute?

  21. #467892
    On September 24th, 2008 at 8:48 pm, powerpro said:

    No. Well I have a bad feeling in general about this entire issue…but not about this specifically since this is due to McCain’s proposal:

    The Bailout Summit [Yuval Levin]

    One question arising from McCain’s move today has been how President Bush would respond to McCain’s suggestion of calling a conference with congressional leaders and the two presidential candidates. If he called one, it would obviously put pressure on Obama to follow McCain’s game-plan.

    The AP now reports that Bush has done that, inviting McCain, Obama, and congressional leaders to the White House tomorrow afternoon. ABC is reporting that Obama has accepted the invitation.

    The assistance Harry Reid offered to Obama with his comments this afternoon couldn’t have gone unnoticed at the White House, and this move certainly offers similar assistance to McCain.

    http://corner.nationalreview.com/post/?q=MjMyYzE3NWViMmQ5MTEyYjY3YjgzOTM5Y2ExNjYzODA=

  22. #467893
    On September 24th, 2008 at 8:48 pm, single stack said:

    Anyone who thinks Bush or McCain is conservative is blind. We’re being sold out again by these damn collectivists.

  23. #467894
    On September 24th, 2008 at 8:50 pm, MES401067 said:

    I think it makes Barry look bad.McCain made the first move now Barry looks bad.

  24. #467895
    On September 24th, 2008 at 8:50 pm, Marshall Russ said:

    On September 24th, 2008 at 8:45 pm,

    WarEagle82#17 said:I won’t vote for the man. I am sick of him and his maverick ignorance. I am done with the GOP. I can’t take this any longer. The person I voted for twice has turned this nation into a bankrupt socialist country. The rest is just a d’enouement.

    The Democrats have 98% of the blame for where we are now. If they retain any power after the election we will indeed be a bankrupt social state.

  25. #467898
    On September 24th, 2008 at 8:54 pm, Paul Revere said:

    Perfect opportunity for McCain to completely throw Bush under the bus. Bush is a team player, and I wouldn’t be surprised if this is a set up for that. Or…I could be giving them all way too much credit.

  26. #467901
    On September 24th, 2008 at 8:57 pm, NotaSlickFan said:

    BHO had already said to call him if he was needed. He wasn’t needed, so why ‘o why did Bush call him? Way to go GW, you probably have just blown a great opportuniy for McCain to steal the show and take over the issue of the economy. Very lame.

  27. #467902
    On September 24th, 2008 at 8:58 pm, YTZGal said:

    I was at the gym working out when the two candidates came on. I could not believe it when Obama said he was, literally, going to “phone it in”. He stated he spoke on the phone with the Sec of the Treasury, and that was good enough. WTF??? A national crisis/emergency, and he’s going to “phone it in”? At the very least, has he forgotten he is a sitting Senator, and his constituents deserve representation?

    I also can not believe the hypocrisy of Reid. Yesterday, Reid/Pelosi threatened that without McCain there would be “no deal”. So, now, it appears they want his vote, but not his input, guidance and leadership. Since the outcome of this bailout (including a complete rejection) will constrain the domestic agenda of the incoming Administration, it is entirely reasonable that the next President-elect help hammer out the details and work towards consensus.

    Obama, however, feels nothing, not even, an alleged “economic Pearl Harbor” should take the wheels of the traveling Obama Love-In. Is his ego that addicted to adoration of disciples that he can’t pull himself away to attend to matters of State? Unbelievable.

  28. #467903
    On September 24th, 2008 at 9:01 pm, mom24ks said:

    News timeline :
    1. Senator McCain suspends campaign, heads back to D.C. to work. Asks President Bush to organize a leadership meeting that would include Senate / House leadership as well as Senator Obama and himself. Also, asks that the debate be postponed.
    2. Senator Obama says the debate is on.
    3. Senator Reid tells Senator McCain not to come back to D.C.
    4. President Bush personally calls Senator Obama and asks him to return to D.C. for the above mentioned leadership meeting.

    I don’t see this as a “President Bush is a fan of Obama”..I think it’s more of a ‘who’s your daddy?’ kind of move.
    Personally, I think it’s rather embarassing to be called by your boss back to the office to do your job.

  29. #467904
    On September 24th, 2008 at 9:01 pm, travlinman said:

    The president asked McCain to be part of the meeting as well. Obama could not refuse Bush on this meeting, it would have looked very un-presidential on his part. In fact in shows how weak Reid is by not wanting McCain to be in Washington. McCain could get lucky and balk at any compromise that Bush and Obama and Reid agree to and then tie Barack to Bush!

    This whole mess is McCain’s to profit from. He needs to come out swinging and place the blame where it lies. Right at the feet of both the Dems and the GOP. Of course, we as taxpayers and citizens, have the most to lose. Again. Forget the lipstick. How about some vaseline?

  30. #467905
    On September 24th, 2008 at 9:02 pm, bloodhound said:

    That’s like getting called to the Principal’s office! Ooooo, burn!

  31. #467906
    On September 24th, 2008 at 9:02 pm, YTZGal said:

    Wareagle, the Dems have had control of the Congress since 2006 which is why we are in the state we are in.

    I know that on 9-11, I said a silent prayer of thanks that our President was GW and not Gore. I feel in my heart, that in spite of my numerous differences with him, of the two very poor choices before us, Sen McCain will do a better job of keeping our nation safe and using our military forces appropriately. Under an Obama administration, I see a return to the Clintonesque policies of slashing funding while increasing opTempo, and not necessarily for things that are important to our national interests, but rather, to “right” perceived humanitarian injustices.

    Please rethink your position. I understand your anger and frustration, but every vote in every precinct will count.

  32. #467907
    On September 24th, 2008 at 9:03 pm, d1carter said:

    This is the decisive leadership we will get if BO is elected, “call me if you think it would be helpful”. What a guy!! Presidential?

  33. #467908
    On September 24th, 2008 at 9:05 pm, YTZGal said:

    Mom24Ks-
    I agree with you. Plus, it prevents Obama from weaseling out on the tough choices and going out on the campaign trail nit-picking the outcome. It is easy to throw stones when you don’t have to be part of the decision matrix.
    It’s easy to criticize, but harder to come up with solutions. This way, he has no out.

  34. #467909
    On September 24th, 2008 at 9:05 pm, nativeaz08 said:

    Just watch. The One will get ALL of the credit. Can I say, I hate the MF?

    Feel much better.

  35. #467910
    On September 24th, 2008 at 9:06 pm, WarEagle82 said:

    Marshall #24. I agree that the Democrats are largely to blame. But, I can’t go as high as 98%. Bush has been an empty and ineffective suit domestically since he passed Medicare Part D. He has sat in the Oval Office and done nothing. He has not led. He has not tried to impose any restraint on the GOP or Democrat congress. He has failed. And now his only solution is to sign a $1 Trillion blank check for his buddy at Treasury to dole out as he sees fit in the last 4 months of his administration?

    No, we cannot lay this fiasco solely at the Dems. Don’t get me wrong. Reid, Pelosi, Obama, Schummer, Frank, Dodd are despicable. And even more so than Bush. But, Bush has been a disasterous president. McCain will be as bad as Bush or worse if he wins. Does it really care whether it is Obama or McCain who finally destroy the nation? Either way, the nation is destroyed. I am not casting a vote for either one of them. I’m done.

    On September 24th, 2008 at 8:50 pm, Marshall Russ said:

    On September 24th, 2008 at 8:45 pm,

    WarEagle82#17 said:I won’t vote for the man. I am sick of him and his maverick ignorance. I am done with the GOP. I can’t take this any longer. The person I voted for twice has turned this nation into a bankrupt socialist country. The rest is just a d’enouement.

    The Democrats have 98% of the blame for where we are now. If they retain any power after the election we will indeed be a bankrupt social state.

  36. #467912
    On September 24th, 2008 at 9:07 pm, jdsbc98 said:

    Has anyone heard about Bill Clinton going out and getting the “cracker vote” in Fla.? I have not seen anything on Foxnews.com Drudge or this site.

  37. #467913
    On September 24th, 2008 at 9:08 pm, Rob said:

    Bush
    Understands
    So
    Horribly

    Such
    Ugly
    Conclusions
    Kill
    Success

  38. #467915
    On September 24th, 2008 at 9:09 pm, T-Bone said:

    On September 24th, 2008 at 8:45 pm, WarEagle82 said:
    It is hard to imagine the change in my estimation concerning George W. Bush between 2000 and now.

    Don’t underestimate the power of the constant drumbeat of Democrats and the propoganda machine of the liberal press hammering on the President during a time of war. Running a country during wartime is a hellava lot harder than running one in peacetime to begin with.

    I admire President Bush for being able to hang in there this long. The country is divided and has been since he was elected.

    I know I could not have handled the pressure that the propogandists have put on him and the funding by George Soros they received to help them in their fait accompli. How much money has that guy spent to crush President Bush? It has a tremendous effect and should not be discounted.

    Clinton had a tremendous amount of pressure on him but was protected by the press and did not have full scale wars going on.

    President Bush came at a difficult time for our country. Remember 9-11. Try doing that with half the country on your back and all the media against you.

    If everyone was perfect, we wouldn’t even have a financial “crisis” would we? Everything would come out perfect just as Obama has promised. I can guarantee that won’t happen. Perfection is unobtainable as we are imperfect beings. All we can do is try hard to do the right things. In light of that, I think he has done a terrific job, not a perfect one, and I don’t agree with 100% of his methods but he had a big donkey on his back. That to me is admirable and I wish him well in the future.

    The next President will suffer some of the same burdens and I bet they have similar problems. The difference is McCain will be saddled with the Donkey and Obama will benefit from it. Both will have a hard time. It is a difficult time in history right Osama?

  39. #467917
    On September 24th, 2008 at 9:10 pm, emjem24 said:

    Yeah, let’s reach across the “aisle” some more and “compromise.” Right? No harm, no foul. What’s another trillion of our tax dollars that you politicians won’t miss because you know how to manipulate the tax system for yourselves while the rest of us get left with the tab.

    As John McEnroe used to say: You cannot be serious.

  40. #467918
    On September 24th, 2008 at 9:10 pm, Mercy4Me said:

    Dick Morris said that this is the “White Horse” for McCain. Ace.mu.nu has a link to Harry Reids comments that they needed John McCain for his leadership. The Mav’ called his bluff. hahahahhhhhahhhhwahhhhwhhwahhh

  41. #467919
    On September 24th, 2008 at 9:14 pm, katieanne said:

    So why did Bush invite the Obamessiah? Obama wasn’t going to come. He’s into multi-tasking and campaigning. All Bush is doing is taking away from McCain. It’s time for Bush to be gone.

  42. #467921
    On September 24th, 2008 at 9:15 pm, T-Bone said:

    Even Harry Ried can not figure this out and he does it for a living. Barney Frank in charge of the Bankng Committee and Paulson as Treasury Secretary? Boy, what a terrific job they have done. And now they are giving me instructions for what to do now. Right!

    Obama has no idea. McCain has no idea. I’ve got an idea. Bet it all on red and let it ride!

  43. #467922
    On September 24th, 2008 at 9:15 pm, Rob said:

    Dick Morris said that this is the “White Horse” for McCain

    (Rev 6:1-8 NIV)“I looked, and there before me was a white horse! Its rider held a bow, and he was given a crown, and he rode out as a conqueror bent on conquest.”

  44. #467923
    On September 24th, 2008 at 9:16 pm, nlebou said:

    Good post T-Bone

  45. #467924
    On September 24th, 2008 at 9:16 pm, T-Bone said:

    This will be the biggest indirect tax increase in the history of mankind. Obama must be a part of that. How could he refuse. That is BO’s MO.

  46. #467925
    On September 24th, 2008 at 9:16 pm, katieanne said:

    I admire President Bush for being able to hang in there this long. The country is divided and has been since he was elected.

    I admire Bush and what he has done too. I think he is an honorable man and he will be vindicated by history for much of what he is attacked for today. However, his thinking this past year and his views on illegal immigration make me wish his term at ended at 6 years, not 8.

  47. #467926
    On September 24th, 2008 at 9:17 pm, WrathOfKhan said:

    Vote libertarian if you truly want small government and fiscal conservatism. Holding your nose to vote for McCain is not the answer.

  48. #467928
    On September 24th, 2008 at 9:21 pm, Goldwater Knight said:

    I think Bush smokes crack.

  49. #467929
    On September 24th, 2008 at 9:22 pm, CO2 Producer said:

    I appreciate the President bringing this to the nations attention. However, the conclusion he gave was, “I want to roll the dice.”

  50. #467930
    On September 24th, 2008 at 9:22 pm, T-Bone said:

    If the economy suffers a downturn or recession /depression, don’t you know that the entry level jobs will suffer the most. Mabe that will be the fix for our illegal immigration problem.

    The magnet will not be functioning reducing the current amount of illegal immigration and possible sending millions back to their own country. Maybe we have our own buffer for this economic “crisis” that will at least mitigate it to some extent.

  51. #467932
    On September 24th, 2008 at 9:23 pm, CO2 Producer said:

    I forgot an apostrophe. I’m so ashamed.

  52. #467934
    On September 24th, 2008 at 9:25 pm, The_Livewire said:

    “The money will be paid back.”

    Um, yeah, if anyone thought that, it wouldn’t be bad debt.

  53. #467935
    On September 24th, 2008 at 9:26 pm, Mookie said:

    Rep. Cliff Sterns is on Rachel Maddow’s show calling out Paulson’s egomania. Good stuff.

  54. #467937
    On September 24th, 2008 at 9:27 pm, nativeaz08 said:

    Thank you T-Bone!!

  55. #467938
    On September 24th, 2008 at 9:27 pm, MarcoPolo said:

    Both parties are essentially the same. It’s our fault for continuing to vote for them. I am voting third party this year, because the GOP doesn’t deserve my vote, but I’ll be darned if I’ll stay home.

  56. #467939
    On September 24th, 2008 at 9:29 pm, uhangtight said:

    sooooo.. obamitler wants to be president, cause you know, Bush has been such a bad leader and bad president. but, obamitler is such a great leader that it takes prompting from the ‘bad’ leader to get him to do what should be natural, that is if he really is wanting the job of..uh..um..duh.. president and that is to show some leadership. i guess obamitler doesn’t want the job as president and he isn’t concerned about even doing his senate job, either. you see, obamitler has never done his job, all he has done is campaign for the next higher position. he really doesn’t know what it takes to be a leader. and to think there are over 45% of the country that actually thinks this guy can lead. we are sooooooo screwed.

  57. #467940
    On September 24th, 2008 at 9:29 pm, nativeaz08 said:

    Then don’t be complaining if BO screws up the country.

  58. #467942
    On September 24th, 2008 at 9:30 pm, RetFireman said:

    “Now is a time to come together — Democrats and Republicans — in a spirit of cooperation for the sake of the American people.

    Is that why Odhimmi was mocking McCain and saying the things he said only a couple of hours ago?

  59. #467943
    On September 24th, 2008 at 9:30 pm, Bhishma said:

    My vote had “Tom Tancredo” written on it. Now that America has rejected Tom, I am not going to vote. However, if someone still wants to go through the motions of doing one’s civic duty, vote ROn Paul. That way, you can look yourself in the mirror.
    Just my 2 cents.

  60. #467944
    On September 24th, 2008 at 9:30 pm, nativeaz08 said:

    Then don’t be complaining if WHEN BO screws up the country.

    Fixed it myself.

  61. #467947
    On September 24th, 2008 at 9:32 pm, TxSkirt said:

    Ummm..it DOES matter how it began. If that is not identified, then history will repeat.

  62. #467948
    On September 24th, 2008 at 9:32 pm, nativeaz08 said:

    Someone make a list of all the people voting 3rd party or not voting and if BO wins, and they start complaining, we can call them on it. You may be able to look yourself in the mirror but you can’t come here and start b_ _tching about how bad BO is screwing up the country.

  63. #467949
    On September 24th, 2008 at 9:32 pm, RetFireman said:

    Can anyone think of another President who has had to deal with so much crap in recent history?

  64. #467950
    On September 24th, 2008 at 9:33 pm, jegjr said:

    ABC News has learned that President Bush called Sen. Barack Obama, D-Ill., this evening and invited him to…….

    ….. GET BACK TO WORK!!!

  65. #467953
    On September 24th, 2008 at 9:38 pm, T-Bone said:

    Don’t go Barack. It’s a trap! McCain is just going to try to debate you there. I know it’s a debate you want to have, you just don’t want to have it without your media cronies helping you.

  66. #467954
    On September 24th, 2008 at 9:40 pm, WrathOfKhan said:

    On September 24th, 2008 at 9:32 pm, nativeaz08 said:

    Someone make a list of all the people voting 3rd party or not voting and if BO wins, and they start complaining, we can call them on it. You may be able to look yourself in the mirror but you can’t come here and start b_ _tching about how bad BO is screwing up the country.

    Why wouldn’t we have right to complain? We wouldn’t be the ones who voted for him. Voting for someone other than Obama is not a vote for Obama. Free your mind from the tyranny of the two one party system.

  67. #467956
    On September 24th, 2008 at 9:40 pm, dj said:

    This election is giving me an ulcer. But I do like that Bush called little Bammie back like his Daddy.

  68. #467957
    On September 24th, 2008 at 9:41 pm, RetFireman said:

    Does Odhimmi even know where the Senate Chambers are?

  69. #467958
    On September 24th, 2008 at 9:42 pm, jegjr said:

    #26 NotaSlickFan wrote:

    BHO had already said to call him if he was needed. He wasn’t needed, so why ‘o why did Bush call him?

    The same reason we also give money to the Palestinians.

  70. #467960
    On September 24th, 2008 at 9:43 pm, Sergeant Tim said:

    I note three things from Bush’s talk on TV tonight. While he made no mention of breaking up Fannie Mae and Freddie Mac, his saying there’d be time for a review later seemed to suggest that should happen. He outlined the problem yet in his short address, the only clear message was we’d (the government with our money) purchase the bad debt. Leading to my third observation that on its face, the U.S. has the means to take large amounts of assets (properties) and hold them until such time the market improves and we’d recoup a large amount of the loss seems a fair assertion. Yet no one can now predict how much of that $700 billion (if that is all it costs) we will recoup.

    President Bush made no mention of stimulating the economy by 1) demanding Congress make the current tax cuts permanent now or lowering the capital gains rate, 2) demanding a clean bill, or 3) an energy plan. On the last point, we need to keep a leery eye out for the Democrats attempting to slip a renewal of the ban on off-shore drilling into this bill (you know they’d love to do that).

    Apparently, Obama realized that he could not refuse the invitation to the White House tomorrow without paying a price in the polls.

    BTW, I fully expect the netroots (and Alcee Hastings) to accuse Bush of treating Obama like a field hand, i.e. calling him up to the big house.

  71. #467962
    On September 24th, 2008 at 9:45 pm, Marshall Russ said:

    This in powerline today.
    They were warned. McCain to his credit tried to put through in 2004 legislation and was voted down along PARTY lines. Barney and his friends need to resign!
    http://www.powerlineblog.com/archives2/2008/09/021598.php

  72. #467963
    On September 24th, 2008 at 9:47 pm, nlebou said:

    link doesn’t work marshall

  73. #467964
    On September 24th, 2008 at 9:48 pm, MrScribbler said:

    with other congressional leaders, including Sen. John McCain, R-Ariz.

    Miss that line, Michelle? I know you dislike McCain intensely, but that implies that Bush asked McCain first.

    Frankly, after listening to Bush’s speech, I’d like McCain to tell Bush to go suck eggs and return to campaigning.

    This “crisis” can’t be solved by Congress and Jorge Boosh throwing valueless money at it. It can only be solved by letting the greeheads go down the tubes.

  74. #467969
    On September 24th, 2008 at 9:49 pm, Rob said:

    Can anyone think of another President who has had to deal with so much crap in recent history?

    Or one that has acted so horribly and poorly? Maybe Juan McAmnesty, but he has acted horribly and foolishly and the old fool isn’t even commander in screw-up yet.

  75. #467970
    On September 24th, 2008 at 9:49 pm, zorro said:

    Pray for President Bush and our Great Country.

  76. #467971
    On September 24th, 2008 at 9:50 pm, Joy said:

    b. Hussein is, shockingly, a Senator, which makes Bush his boss.

    So are all the student loans, credit card debt, etc. still attached to this bill?

  77. #467973
    On September 24th, 2008 at 9:51 pm, jegjr said:

    Oh, I see school’s out.

  78. #467974
    On September 24th, 2008 at 9:51 pm, Tazed and Confused said:

    Obie… that’s as close to the White House as you’re gonna get… don’t forget to pick up some postcards home to your b*tch.

  79. #467976
    On September 24th, 2008 at 9:54 pm, Sergeant Tim said:

    Here is Marshall’s link (I hope).

  80. #467980
    On September 24th, 2008 at 9:55 pm, Marshall Russ said:
  81. #467982
    On September 24th, 2008 at 9:57 pm, CO2 Producer said:

    This may be the most tumultuous Presidency since WWII.

  82. #467983
    On September 24th, 2008 at 9:58 pm, Marshall Russ said:

    You got it SergeantTim.

  83. #467984
    On September 24th, 2008 at 9:58 pm, Joy said:

    Marshall – The first worked when copied and pasted.

    THIS article should be blared from megaphones throughout the country!!!

  84. #467985
    On September 24th, 2008 at 9:59 pm, nlebou said:

    worked..thanks

  85. #467986
    On September 24th, 2008 at 9:59 pm, SoGood2BeMe said:

    zorro said:
    Pray for President Bush and our Great Country.

    Praying… Been Praying… Now, praying that the praying is going to work!

  86. #467987
    On September 24th, 2008 at 10:00 pm, nlebou said:

    I’m praying that your paying works

  87. #467988
    On September 24th, 2008 at 10:00 pm, mom24ks said:

    Totally agree, Zorro…always glad to see your posts.

  88. #467989
    On September 24th, 2008 at 10:01 pm, ArizonaNeanderthal said:

    This President certainly has had his problems. The Democrats and their cheerleaders in the MSM started on him in Florida with the hanging chads and haven’t stopped.
    But then President Bush never hit back and looked weak for it. Perhaps his parents taught him to be overly polite, but we elected him to be President and that trumps manners 101. Starting with letting that Kennedy B!tch, Kerry Kennedy Cuomo, bad mouth him at the RFK Building dedication to not responding to Robert F. Kennedy Jr calling him a fascist to calling Islam a Religion of Peace he has not been strong.
    I wish him, and us, well on this economic meeting but I think Dingy Harry, Obambi and such will clothes line him. He never learned the manley art of the sucker punch or how to dodge one.

    A well regulated Militia, being necessary to the security of a free State, the right of the people to keep and bear Arms, shall not be infringed.

    “I ask, sir, what is the militia? It is the whole people, except for a few public officials.” -George Mason, 3 Elliot, Debates at 425-426.

  89. #467990
    On September 24th, 2008 at 10:01 pm, Marshall Russ said:

    My point is,is that if those that had the public trust need to be held responsible or it will happen again.

  90. #467992
    On September 24th, 2008 at 10:04 pm, ArizonaNeanderthal said:

    Yes, praying is good. Praying that Michelle Obama gives the Senator AIDS is probably not what I should be praying for I guess.

    “Pray for President Bush and our Great Country” Is better, yes.

  91. #467993
    On September 24th, 2008 at 10:04 pm, Rob said:

    A well regulated Militia, being necessary to the security of a free State, the right of the people to keep and bear Arms, shall not be infringed.

    … and when will this “militia” finally start taking out the losers that are increasing and ruining America…

    “One if by land, and 20 freaking million sneaking across the border…..”

  92. #467997
    On September 24th, 2008 at 10:06 pm, Mookie said:

    On September 24th, 2008 at 10:04 pm, ArizonaNeanderthal said:

    Yes, praying is good. Praying that Michelle Obama gives the Senator AIDS is probably not what I should be praying for I guess.

    “Pray for President Bush and our Great Country” Is better, yes.

    That’s sickening.

  93. #468001
    On September 24th, 2008 at 10:06 pm, sandyb said:

    What’s really gut-wrenching is that I keep hearing of a billion here and a billion there being added on for ed loans, car loans, aid to Africa, etc. And the incredible fact that we’re bailing out ILLEGALS on home loans they shouldn’t have received (although no one but MM will say it)!

    I lay this at the feet of Bush, McCain, Odumbo and all the rest in Congress who are panting over the Hispanic vote.

    What’s really galling is that this is a prime opportunity for Bush or McCain to pretend to be conservative and tell Dingy Harry and Bela Pelosi that unless we drill everything in sight (and they call off their “environmental hippies”), repeal Sarbanes-Oxley and put a freeze on the capital gains tax, we’re not playing ball.

    These were Newt’s suggestions, and he said we’d make back all that dough in A YEAR if we did the above. This is just common sense. But I’m sure you’ve noticed — there isn’t any of that left in DC anymore.

    BTW — What’s with Elizabeth Dole? I didn’t even know she was still in DC? She looks SO different.

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