Kill the bailout: Call your GOP representative; Update: the deal details trickle out; No deal tonight; Paulson and the Dems bawl
Scroll down for updates…
Make the call: 202-224-3121.
Hope, however slim, lives:
Confident but not yet celebrating, congressional leaders agreed Thursday on a multibillion-dollar bailout plan for Wall Street aimed at staving off a national economic catastrophe. President Bush brought the two men fighting to succeed him to a historic White House huddle on how to sell a deal to lawmakers who were still resisting.
Private talks on Capitol Hill ended at midday with the announcement that an agreement in principle had been reached on a $700 billion financial rescue package that the Bush administration wants. Few details were immediately available.
There were signs that the conservative-leaning House Republican Caucus was not on board. Both of Congress’ Republican leaders, Rep. John Boehner and Sen. Mitch McConnell, issued statements saying there was not yet an agreement.
***
***
Collapsing?
Via ABC News, Paulson and the Democrats are having a snit fit:
ABC News’ George Stephanopoulos Reports: Treasury Secretary Henry Paulson fears the Wall Street bailout deal is falling apart after a chaotic White House meeting, sources say.
Paulson walked into the room where Democrats were caucusing after today’s meeting at the White House and pleaded with them, “Please don’t blow this up.”
Rep. Barney Frank, D-Mass., chair of the House Financial Services Committee was livid saying, “Don’t say that to us after all we’ve been through!”
House Speaker Nancy Pelosi said, “We’re not the ones trying to blow this up; it’s the House Republicans.”
“I know, I know,” Paulson replied.
***
Previous:
An inconvenient truth…and the inevitable lard-up
Kill the bailout: What Bush should tell the nation
Kill the bailout: The Big Lies
Kill the bailout: Go, Shelby, Go!
Kill the bailout: Illegal immigration and the mortgage mess
Kill the bailout: Phones ringing off the hook; student loans, car debt added to proposal
Kill the bailout: Newt Gingrich gets on board
Kill the bailout: The foreign bank angle
Kill the bailout: Will the real fiscal conservatives please stand up?
Why Henry Paulson must be “contained”
The Mother of All Bailouts = The Death of Fiscal Conservatism
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Trackbacks
- $700 Billion Bailout: See no evil. Hear no evil. Speak no evil. (UPDATED) « Republican Party of Jefferson County, TN
- Broad agreement reached on bailout bill « The Political Page
- The 21st-Century “New Deal” | shyspeak.net
- What do you Think of the Bailout? | The Daily Conservative
- Economic Crisis: It’s Barney Frank’s Fault « The Dude’s Blog
- Bailout Palooza
- Barack as Student #4 « The Dude’s Blog
- skewred.com » The Bailout, or, The End
- The Obama-Bush bailout plan | The TIW Blog
- Obama Bombs Bailout Meeting–Whitehouse Still Standing–McCain Saved By House Republicans « Pronk Palisades
- Time » Blog Archive » Write Your Rep?
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every time I see Dodd, Pelosi or Reid come on TV, I call at least two Senators or Reps and complain…loudly.
YOu’re killin’ us back here at home.
STOP IT.
I called my rep on Tues, I think. Don’t know where he stands yet. I suppose I should call back!
Get ready, Rep. Dent - here I come!
Alex
Co-prop, gopdepot
“You don’t have to like McCain in order to vote for him; in fact, it’s probably better you don’t - we are going to have to fight whoever wins for at least four years.”
Forget it, it’s over. The fix is in. Moe, Larry & Curly (Bush, McCain, Obama) will have their silly little slap fest and like all Stooges movies, it will end badly.
The American Dream is dead.
The Dems are bent on Globalizing this economy.. I did write to both my Senators to protest the bailout, but I think no matter what, they are going to give our money away to some extent..
We as a nation should have never let these people get into power, & now it’s coming back to haunt us.
I emailed my rep and my senators. Will call after work.
Nice job staying up with the news Michelle!!
There is no such thing as bipartisonship with the likes of Schumer. He makes me glad I believe in karma
Read it all here.
While you’re calling, ask for the removal of Barney Frank. He is a main piece of this disaster, his hands are ‘bloody’ so to speak.
The MSM is silent on this, and that too is disgraceful.
My Reprasentative here in Texas, Jeb Hensarling, seems to have a pretty good grip on a conservative alternative to the big money dump.
Give it a read.
http://www.house.gov/hensarling/rsc/doc/changes__alternatives_to_treasury_bailout_9-23-08.pdf
i feel helpless, as my senators are dumb (feinstein) and dumber(boxer). luckily, my congressman is a conservative and as boehner and mcconnel have said, there is not a deal yet so i can trust my congressman. it is just too bad i get screwed when it comes to trying to communicate with my two senators dumb and dumber.
It’s tough for Congressional GOPers to resist when their own President and Presidential nominee are for the bill, regardless of whats in it.
My Representative is the libtard Brad Miller (D-NC) who may very well vote against it but only because it doesn’t go far enough in his mind. I’M.NOT.KIDDING.
My Representative here in Texas, Jeb Hensarling, seems to have a pretty good grip on a conservative alternative to the big money dump.
Give it a read.
http://www.house.gov/hensarling/rsc/doc/changes__alternatives_to_treasury_bailout_9-23-08.pdf
Engage brain…read for spell check.
reprEsentative.
{bowing}
Ans so it goes.
I am literally sick to my stomach right now, and my useless rep Charlie Melancon is so going to go for this POS.
Is it November yet?
Spell check is for sissies! Live on the edge!
Ok…so if there is no bail-out at all, then tell me what the solution is?
So far all i read here is “kill the bail-out!!” and that’s all fine and good.
But what is MM’s solution to the problem? I have friends who have small businesses who are scared to death that their businesses will continue to suffer w/o a bail-out of some sort.
Please educate me on what the solution should be??
Seriously….
On September 25th, 2008 at 4:19 pm, Southpaw said:
Now consider how it would be different if Mike Huckabee were the Republican nominee in that room saying this.
flenser…you don’t understand. I’m an engineer. I live for spell-check. Can’t show weakness or error…will cause seizures or a complete loss of dignity.
[gasp]
like Michelle asks;
Make the call: 202-224-3121.
They ARE answering the phones. I’ve been able to get thru to a person 3 times, 5 times I left a message.
Tell them something that makes it personal to your family that carries real weight and it is true.
The Obama/Snobama elitists don’t get it.
Tell them.
Huck gets it.
On September 25th, 2008 at 4:27 pm, Artbyruth said:
Read what Mike Huckabee and Newt Gingrich have to say.
We need a “workout”, not a Socialist “bailout” that would give Paulson “Supreme Executive Power” over our economy.
Paulson’s “solution” is more like “The Final Solution” to terminate Capitalism.
Thankfully my rep is up for re-election and guess what…. He can’t send email because he can’t be bothered.
There are other ways to ’save’the financial markets. This bailout is being used to balloon many other stimulus packages and bailouts that aren’t related. We don’t trust congress to keep it simple and we aren’t quite sure it’s needed.
SOooooooo, look here….
This site has lots of good info, lots of links and you can learn a bunch.
Go here and take 30 minutes or better and you get an idea of whats involved.
Keep going thru links and find what you’re looking for as substance on this issue.
In a nut shell, the very same people who created and fed this mess are writing a bill to save it? That’s dangerous at best.
Newts plan works for me:
Government knows ONE solution and it is ALWAYS MORE GOVERNMENT!
The leftists are running around saying this is because of a failure of capitalism and the markets. It is obvious they are lying and it is obvious they think we are stupid.
We need LESS GOVERNMENT and NOT MORE!
Even Dennis Kuchinich gets it. No bail out.
Maybe we should have let him impeach Bush.
What GOP representative? I only wish Taxachusetts had one. My Congresscritter is a card carrying Moonbat. I don’t need to remind anyone who my laughable “senators” are.
blind.squirrel.acorn
I have no intention of contacting my Congressman about negating the bail out. I might suggest that it be modified, changed, reconsidered on some fronts–but it is my opinon that it is needed and I’m stickin’ to it.
My sentiments and situation exactly.
It’s too bad I had to move from New Hampshire; although, the way things are going, it is not now as significantly different from the rest of blue New England as it used to be, and just might be getting worse.
So sad….
They’re answering the phones but won’t patch me through to any of my representatives. They say, ‘that line is busy’ and hang up! This has happened many times now.
Last I heard McCain was slightly ahead in NH and Sununu was quite a bit ahead of Shaheen–but I’s still to early to carve anything in stone. As for Lynch and Kenney(sp?), I have no information.
God no because he wanted to get cheney as well, they we would have President Pelosi.
What Paulson proposed was indeed a bailout. What McCain and the GOP is pushing for is a solution that protects taxpayers.
I think it is premature to attack the bill when we have no idea what form it will take.
In addition, to oppose a solution to this mess is to invite disaster to every working American. Those that do not study history are doomed to repeat it. The signs in 1929 were ignored and nothing was done. The Great Depression was not only an economic calamity, it changed the balance of power in the World, allowing the spectre of nazism and facism to flouish. Radical Islam and rogue nations are poised to take full advantage of the vacuum that will be created by a world wide economic calamity.
People need to realize this is much, much more than a purely economic issue - it is a national security and foreign policy issue as well. Doing nothing is not an alternative here, for doing nothing will usher in a period of turmoil and calamity without equal in history.
We should all be angry about where we are now. But we should not let that anger cloud our vision. We can and will make those that created this mess pay, and pay dearly. But there is no reason to torch our own houses in protest.
Government is not the solution to a government mess.
/
ConfuciousCommon SenseBut Paul Revere…Common Sense AIN’T
I am in complete agreement. Well said.
But I live in the Democratic People’s Republic of Hawaii. I don’t have any GOP legislators.
Just heard Shelby speak on Hannity. Boy, I like that guy. Too bad we don’t have anyone like that here in Cali…
Media morons, trying to make this about Obama the candidate and how did was the reaction between the two candidates, he said, they were doing their job acting like senators!! HAAA.
Jim M. exactly, that is why included in this should be a capital gains tax cut and a move to refine and drill our way to a more stable economic security.
Jim M.-
You make some valid points. None of us has to like the bailout. However, I get the feeling that we have no choice but to take our medicine now. The sub-prime mess was created 15 years ago, when Fannie and Freddie were conscripted by the government to increase the number of loans given to low- and no-income households. It was the equivalent of an interest-only mortgage, and now a giant balloon payment is due. I don’t know that the people who created this mess will be punished, since most of them are current or retired politicians, but the important thing is to get out from under this burden.
Send a Fax if you can’t get through on the phone. thats what I did. And I sent one to McCain.
The Audacity of Delusions.
That’s because this guy has no clue what negotiating is, he thinks it is making a phone call, not actually the work of brokering the negotiation by working through the process. He just makes a call and keeps in touch with those involved. Snap. Job Done!
And, to think there are those that actually think he would be quite capable. I wouldn’t hire him and I don’t care how many campaigns he has been running.
Thank you everyone for the info. I truly appreciate it and will visit the links.
It feels good to get answers and not just critiques.
Whew.
The same thieves that engineered the 1929 crash are the same people that are engineering this bail out(bank robbery.)
The Federal Reserve
George Stephanopoulos reports that the deal is falling apart.
Hey, Obama votes “present” in the bailout. This way he can’t be blamed for anything, whatever happens. “Change we can believe in.”
Look! A new tax! Imagine that!
Hey Engineer - re spelling
When I was in engineering grad school we were told that real engineers are not so narrow that they can’t spell a word more than one way.
Notice that in this debate somehow the “government might make a profit in it” has become somehow important. If that’s the standard, then why doesn’t the government just get it over with now and nationalize the energy sector?
Making a profit has NOTHING to do with it. Are we going to be capitalists or not?
Jim M - you seem to believe that there will be no credit anywhere if something isn’t done and done quickly. As I’ve said before - I don’t agree. All of those assets are only worthless on paper - but anybody who understands (Buffet for instance) recognizes that there still is underlying value and is willing to step in (because he’ll make money).
Unfortunatly, those that really made the mess will still get their government pensions (ie - congress made the mess with their pc social experiments)
I just emailed my Congressman, Robyn Hayes, and my senator up for re election, Liz Dole, and said if they vote for this UNCONSTITUTIONAL Bail Out, I will not vote for them. It’s that simple.
Then I let them know I was unable to vote for Juan McLaim, and will be voting for Chuck Baldwin.
I don’t know if We The People have any power anymore, but I did what I could.
God bless the House Republicans! I hope they continue to hold the line and I hope Senator McCain uses this opportunity to show real leadership and do what’s right for America, and not what’s politically expedient.
If his actions the past 24 hours are any indication, I’m slightly more comfortable thinking he might do just that.
Slightly.
Hmmm … OK, so someone got ahead of the news … but should that be erased from the post?
Thanks to the internet we are all able to voice our opinions and make a difference in Washington. I have emailed my congressman and my two senators on a regular basis. It makes a difference. If you don’t know your congressman or senators, just type in your state and city and you will get a site to your representatives. Email your thoughts. It works and you can do this every day. Along with voicing your opinions here, why not tell your representative too.
Jim M,
Thank you for your informative posts over the last few days. They are a breath of fresh air with all the hysteria.
Awe, the criminals and thieves in Washington and on Wall Street are upset because We The People don’t trust them with our hard earned money.
Boohoo, boohoo, boo…freaking…hoo.
Per AOSHQ:
http://minx.cc/?post=274228
I have worked with engineers. None of them can spell.
It’s just incomprehensible to me that anyone would hand the decisions of who to pass the taxpayer money to, to one person… Paulson.
I keep thinking I’m dreaming this.
And more questions crop up. While these properties are ’sitting in limbo’ waiting to be put back on the market, who is taking care of them? No doubt the taxpayers are on the hook for that as well. Lawn care, upkeep… homeowners dues, etc.
This isn’t a dream, it’s a nightmare. How can any of this be constitutional????
If that isn’t enough political proof that Paulson is a Dem, than
I don’t know what will suffice.
The Dems want this so they can sweep this problem under the rug and ask for more.
They do print nicely, though.
Personally I want to hang (politically) all the open-borders, community reinvestment activists, the GOP weaklings who did nothing about it while talking “free-market” out one side of their mouth.
No Bailout!
Joy,
Some enterprising illegals will use FOIA to get a list of properties and strip all the copper out.
I don’t think anyone has a problem with taking our medicine. What we have here is cyanide.
We’re all willing do go along with healthy measures that will actually help this situation (and there are several good ideas out there that will do just that) but we take issue with this deadly proposition that burdens Americans and empowers a centralized government entity.
It should also be remembered that Secretary Paulson is the same guy that has spent years running to China making free trade deals to destroy American jobs and to increase the profits of global companies. He has zero interest in the welfare of the American people.
DON’T JUST CALL YOUR CONGRESSPERSON/SENATOR…
ORGANIZE YOUR NEIGHBORHOOD TO DO SO AS WELL!!!!
Not everyone in your neighborhood is a Republican, or reads this site. I have found even Democrats are angry at this nonsense. Have them call as well.
Have everyone… call everyone!
“Rep. Barney Frank, D-Mass., chair of the House Financial Services Committee was livid saying, “Don’t say that to us after all we’ve been through!””
Some nerve..all you’ve been through??!! Yeah, it must be freakin’ exhausting screwing up the financial system of the world’s superpower, you nitwit.
KILL IT HERE!
KILL IT NOW!
STORM THE BASTILLE!
Oh… sorry… got a bit carried away there…
the dems are pissed because at least a billion or so of the 700 is going to go to lining their own pockets. Any change or blockage of the bailout would be taking massive private/personal payoffs out of their hands.
As long as the majority of America is to interested in TV to even question the media, we can call and write until we are blue in the face, but the congressslimes know their voter base is securely in the hands of a media that will tell them who to vote for. Blogs and their readers are of no consequence. This bailout will go through in one form or another, and America will fall to globalization after ACORN gets the Obamanation elected.
There are people over at Kos cheering on the House Republicans. And saying that they did the same thing last year at amnesty time.
Now, if it would only dawn on them that they need to VOTE for House Republicans, this country might live a little longer.
JonB,
Dims are also pushing for 20% of any $ that is made back from this be dedicated/lock boxed into a program to fund low cost morts for people who can’t
afford them….. does that sound familiar? going to relax with a murder mystery enjoy the night
If there’s a silver lining to this economic mess, and I’m not saying there is one, then maybe it could be that there’ll be a lot less corporate and limosine-liberal cash floating its way around and into Democrat coffers. Just a thought.
ok..I called my senators and stated my position…so we’ll see…
First, there is more than a fair chance that Warren Buffet’s deal with Goldman contains a walk away provision in the event Congress does not pass some form of relief.
Second, most of us do not have the assets of a Warren Buffet. We still work to make ends meet, and if we lose our jobs or if our deposits or retirement accounts vanish, and we lose our homes, we don’t have the spare cash in a foreign bank to turn into robber barons from the misery of others.
Those assets may still have a value? Credit will still be available? At Pennies on the dollar or at usurious interest rates, where it is even available. Oh, I forgot, foreign money might come rolling in - from the countries to whom we have been transferring $700 billion a year in oil money. Great idea to have them not only controlling our oil supply but our homes and paychesks as well.
Americans! Save yourselves! Have a liberal lawmaker for dinner tonight, of either party!
marinated?
or barbecued?
They said on Fox that McCain or the Minority leader in the house asked why Americans should buy up all these bad mortgages, and apparently Barney Frank was about to have a Coronary
If Congress “needs” 700 billion for a bailout… I suggest they do what our family has to do with a new top priority in our budget… readjust our budget.
I suggest they start cutting. Start with earmarks, ineffective Federal departments (Education, Agriculture, etc), cut back on entitlements, and while they’re at it… take a 50% paycut for refusing to do their jobs all these years.
Yes, I know it probably won’t pay for it all… but at least it would be a start and they could share in our pain, and maybe finally start representing us again.
I want to call Pelosi Stooge Congressman and ask him “Wazzup, how you hanging tonight dude?”
Even if they lose I tip my hat in salute to the House Republicans. They are putting up one tremendous fight here.
RobM1981, You did good Also,
TO THE BARRICADES
Lindsey Graham just said that 20% of the money that would go to the retirement debt to help retirees will instead go to ACORN!!! He said so on Greta’s show. This bill is horrendous!
I have faxed Senators and Rep, but don’t expect to hear anything back until after it’s all over and done with. We need something that will fix the problem without taxing the taxpayers. some need to fail due to their irresponsiblity.
Fixed.
Wrong Nancy. It is not the House Republicans. It is the voice of us, the taxpayers that are blowing this up.
I have sent emails every day since last weekend to my Congressmen, to those who are in states around me, to McCain, and to the Banking Committee leadership and the GOP members voicing my disdain. I still feel slimy just making contact with Dodd & Frank, even via the sterile setting of an email. Not one office has responded with so much as a kiss my …
Here is the Senate Banking Committee in case you did not know them:
Christopher J. Dodd Chairman (D-CT) Richard C. Shelby Ranking Member (R-AL)
Tim Johnson (D-SD) Robert F. Bennett (R-UT)
Jack Reed (D-RI) Wayne Allard (R-CO)
Charles E. Schumer (D-NY) Michael B. Enzi (R-WY)
Evan Bayh (D-IN) Chuck Hagel (R-NE)
Tom Carper (D-DE) Jim Bunning (R-KY)
Robert Menendez (D-NJ) Mike Crapo (R-ID)
Daniel K. Akaka (D-HI) Elizabeth Dole (R-NC)
Sherrod Brown (D-OH) Mel Martinez (R-FL)
Robert P. Casey (D-PA) Bob Corker (R-TN)
Jon Tester (D-MT)
If we get this madness in check, can we go ahead and shoot for term limits while we have their collective ears?
It is not constitutional under the limited powers of the federal government. We have seen our constitution ripped to shreds by apathy, greed and corruption. The very things the Founding Fathers warned about in their writings.
My question would be, “Is it considered sedition to have a revolt, if our ‘elected’ federal government is not following the precepts of the U.S. Constitution?”
Losing it!?
http://www.politico.com/news/stories/0908/13918.html
I tried to contact my representative. Doubt I suceeded, but he will be in my county at our Apple Festival this Saturday . . . So will I!
BWAHAHAHAhahahahahahaha…
Can I run for President if I do?
NO. It’s you jackass democrats trying to slide as much of your dream pork through while the Socialism Door is wide open….you stupid ass arrogant skank of a woman.
Sorry.. but this is really p#ssing me off.
^^ What he said.
Well, Washington Mutual just failed. FDIC cut a deal to sell the assets to Morgan/Chase.
Largest bank failure in history at over $300 billion.
Wow, a solution without sticking the taxpayer with the bill. Whouda thunk it.