Flash: Senate bailout vote scheduled tomorrow at approx. 9pm Eastern; shamnesty tactics all over again

By Michelle Malkin  •  September 30, 2008 07:59 PM

Scroll down for updates…

Hill sources buzzing. A Senate bailout vote is scheduled tomorrow at 9pm Eastern.

No bill details seen yet.

How it will go down…There will be up to 6 roll call votes on the following items:

(1)Motion to concur on the House message, H.R. 2095, Rail Safety;
(2)a Dorgan amendment relating to H.R. 7081, the U.S. – India Nuclear agreement;
(3)a Bingaman amendment relating to H.R. 7081, the U.S. – India Nuclear agreement;
(4)passage of H.R. 7081, the U.S. – India Nuclear agreement;
(5)a Dodd amendment to H.R. 1424, relating to the bailout package; and
(6)passage of H.R. 1424, the bailout.

Get your fingers dialing:

202-224-3121.

More details:

The structure is this:

The Senate will call up H.R. 1424, the text of which will be substituted with the economic rescue plan (a Dodd amendment which must have the consent of both the Majority and Minority Leaders). The only other amendment in order will be a Sanders amendment that will be handled by a voice vote.

The bill will be subject to a 60-vote threshold for passage.

UPDATE II: House Republicans are saying the Senate vote tomorrow is the work of bicameral, bipartisan negotiations.

From a House GOP Leadership aide: “The Senate moving forward tomorrow with the economic stability package gets us one step closer to the bill becoming law – and that is a good thing. The decision is a product of bipartisan-bicameral discussions and we believe that changes to the bill will help us garner more support from House Republicans and smooth the bill to passage.”

Where’s the bill?

And…Dodd?! Dodd!!!???

Still more trickling in:

Senate leaders have scheduled a vote for Wednesday on the $700 billion Wall Street rescue plan rejected by the House.

Majority Leader Harry Reid and GOP Leader Mitch McConnell say, however, that they’re going to add a tax cut package already rejected by the House on Monday.

The bipartisan move caps a day of behind-the-scenes maneuvering on Capitol Hill over what sweeteners to add to the bill to attract votes from House Republicans.

Reid and McConnell’s move may prove popular with Republicans, but it risks a showdown with House leaders insisting that a popular measure extending certain business tax breaks be financed by tax increases elsewhere in the code.

The Senate plan would also raise federal deposit insurance limits to $250,000 from $100,000.

“Sweeteners?”

Translation: Earmarks to buy votes.

Isn’t that against House rules?

***

McConnell is toast.

***

And more details:

Components of the alternative plan including the following, according to sources:

* Require the Treasury Department to guarantee, at up to 100 percent, bank losses resulting from failed mortgage-backed securities originated prior to the plan’s enactment. Such insurance, supporters say, would provide immediate value to the securities and a foundation for which they could then be sold. The Treasury Department would finance that insurance by assessing a premium on outstanding mortgage-backed securities.
* Allow companies to carry back losses arising in tax years ending in 2007, 2008, or 2009 back five years, generating a tax refund and immediate capital
* Allow a “repatriation window” for profits earned by U.S. firms overseas. Such repatriation amounts would not be taxed if invested in distressed debt (as defined by Treasury) for at least one year.
* Allow banks to treat losses on shares of preferred stock in Fannie Mae and Freddie Mac as ordinary losses, not as capital losses
* Suspend the capital gains tax rate for two years
* Limit backing of high-risk loans by Fannie Mae and Freddie Mac
* Schedule Fannie and Freddie for privatization
* Suspend “mark-to-market” accounting until the SEC can issue new guidelines that will allow firms to mark these assets to their true economic value
* Stabilize the dollar by repealing the Humphrey-Hawkins Full Employment Act, which alternative bailout supporters say diverts the Federal Reserve’s attention from long-term price stability to short-term economic growth
* Require the Treasury to write rules prohibiting excessive compensation or golden parachutes to executives of failed companies
* Task the SEC with regular, annual audit reports of entities the federal government has brought under conservatorship or now owns

The tactics for getting this thing to the floor are reminiscent of the dirty tactics used by the bipartisan shamnesty brigade.

As I like to say: God save us from bipartisanship.

Quin Hilyer blasts the collaborators:

The Senate tomorrow will attach the Wall Street bailout to a “must pass” tax extender bill. This is dirty pool. When you are talking about the single most significant growth of government power EVER, you should let it sink or swim on its own. You don’t attach it to a goodie basket and dare the other chamber to vote against it. To do so is a cheap, despicable tactic. It is the tactic of people without the courage of their convictions — the tactic of cowards. Yes, cowards. I am utterly disgusted with McConnell and the entire Senate leadership. This is not the way to handle legislations as serious as this is. If the House GOP had any guts, then if the Senate sends the House the bill in this form — thus also making a mockery, via legerdemain, of the requirement that such financial bills should start in the House — MORE of the House GOP than before should vote against it, in protest against this sort of hardball pressure.

I think every conservative in the country should raise holy hell about this. AGAINST this tactic. WHATEVER you think about the underlying bailout, this BS is utterly insulting.

Posted in: Subprime crisis

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Trackbacks

  1. Senate to Vote on Bailout Tomorrow | The American Pundit
  2. How Chicken Little Is Making the Sky Fall (Update) | Counting Sheep
  3. X Flash: Senate bailout vote scheduled tomorrow at approx. 9pm Eastern Michelle Malkin | OPPOSE THIS BAILOUT CALL CAPITOL NOW 1-202-224-3121 DEMAND NO BAILOUT INVESTIGATION NOW UNDER OATH
  4. The People Demand It!
  5. Right Wing News
  6. So, Is America And The World Marching Toward Doom Or Not? « Blog Entry « Dr. Melissa Clouthier
  7. There’s No Bailout; Where’s the Market Crash? | shyspeak.net
  8. Hoekstra, Others In House Helped Kill Bill; Now It’s The Senate’s Turn | LOUNGE DADDY
  9. Flash: Senate bailout vote scheduled today - INGunOwners
  10. We’re Mad as Hell « Mark Epstein
  11. Round 2: Will the Senate Listen to We the People in Today’s Bail Out Vote? | Scared Monkeys
  12. The Other McCain: Senate bailout vote tonight
  13. The death of fiscal conservatism « The Right Daily
  14. Crap Sandwich Redux: Senate to Vote on Bailout Bill | Jeffrey A. Setaro

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Comments


  1. #477418
    On September 30th, 2008 at 8:03 pm, gippergirl said:

    I live in CA but I’ve been contacting John McCain’s office to let him know that if he wants my November vote then he’ll defend conservatism NOW.

  2. #477420
    On September 30th, 2008 at 8:04 pm, John Ansell said:

    Idiots didn’t learn with Amnsety and our fighting them over that. We’ll have to teach them again on this robbery.

    I don’t like Lisa but at least she’s doing something for the people here.

  3. #477423
    On September 30th, 2008 at 8:10 pm, bayou22 said:

    I’ll see if Mary Landrieu toes the company line or if she cares about her re-election. Vitter knows better than to cross his constituents given his reduced effectiveness.

    I like the idea of contactin McCain’s office too. Great idea.

  4. #477427
    On September 30th, 2008 at 8:11 pm, Marie said:
  5. #477428
    On September 30th, 2008 at 8:11 pm, Marie said:
  6. #477429
    On September 30th, 2008 at 8:12 pm, havok said:

    Now that they have had time to add more proper pork…GAME ON!!!

  7. #477432
    On September 30th, 2008 at 8:13 pm, bayou22 said:

    FYI, (D-LA) Landrieu’s official contact page is down… Better call her at home.

  8. #477436
    On September 30th, 2008 at 8:14 pm, reland1 said:

    They let us have a win..one win.

    The price of freedom is eternal vigilance…

    God help the USA

  9. #477439
    On September 30th, 2008 at 8:16 pm, Dianah111 said:

    I fear that this thing will pass the senate with little or no problem. Our senators haven’t listened to the will of the people in a long, long time…and I doubt now that their money is on the line they will start doing so.

    I know it is just a dream but I wish the government would stay out of this thing and let what happens happen. It seems like everything they touch goes to crap.

  10. #477440
    On September 30th, 2008 at 8:17 pm, Dianah111 said:

    FYI, (D-LA) Landrieu’s official contact page is down… Better call her at home.

    All the elected officials pages are down…now isn’t that convenient.

  11. #477441
    On September 30th, 2008 at 8:17 pm, John Ansell said:

    That’s an insult to evan crap, Dianah111. :lol:

  12. #477442
    On September 30th, 2008 at 8:18 pm, RockyR said:

    All together now:

    CONGRESSIONAL TERM LIMITS

    You know you can say it:

    CONGRESSIONAL TERM LIMITS

  13. #477444
    On September 30th, 2008 at 8:19 pm, Bachbone said:

    McCain is toast unless he quits equivocating and forthrightly denounces this as a stinkin’ bailout. “Bailouts? We don’t need no stinkin’ bailouts!

  14. #477446
    On September 30th, 2008 at 8:19 pm, oldcollegeguy1980 said:

    Details

    Links

  15. #477448
    On September 30th, 2008 at 8:21 pm, thirteen28 said:

    Why do they so desperately need to suck 700 billion out of the economy when the market is indicating the economy won’t collapse the SEC provided further relief today by suspending mark to market?

    Hello!!

  16. #477449
    On September 30th, 2008 at 8:23 pm, Fat Jolly Penguin said:

    Wait — what? It failed in the House. Why is the Senate voting on it now, and what happens if they pass it?

  17. #477451
    On September 30th, 2008 at 8:28 pm, bayou22 said:

    #1. I agree wholeheartedly on TERM LIMITS

    #2. I sent my message to the Webmaster of the Senate. If they can’t keep the site up, flood them instead.

    #3. Contact McCain’s office as well, even if he’s not your Senator. He should hear from us via his Senate site and his campaign site.

    It’s worth contacting them, but even if they pass it, it may be moot if the House edits the bill. The House “leads”, not the Senate, if I’m not mistaken. That’s the process.

  18. #477462
    On September 30th, 2008 at 8:45 pm, fred5676 said:

    You might try these numbers:

    Call Capitol Hill Switchboard TOLL FREE:

    1-877 851-6437

    1-800 828-0498

    1-800 614-2803

    1-866 340-9281

    1-866 338-1015

    1-866 220-0044

    Call early. Call often.

  19. #477463
    On September 30th, 2008 at 8:46 pm, secondsight said:

    7. October
    6. November
    5. December
    4. January
    3. February
    2. March
    1. April: 2% annual tax on IRA’s, 401K’s, Roths. Transactions first, later on entire values over $250,000.

    You heard it first. They will name it for Teddy Kennedy.

  20. #477479
    On September 30th, 2008 at 8:53 pm, AlohaGuy said:

    You heard it first. They will name it for Teddy Kennedy.

    Well we are underwater…

  21. #477481
    On September 30th, 2008 at 8:55 pm, love2rumba said:

    I agree with other sentiments on this website frustrated with McCain’s waffling on this issue….If McCain does not stand AGainstST THIS BAILOUT NONSENSE, he will be losing many votes big-time.

    And despite his pick of Palin, Palin’s selection won’t be enough to save him.

    My message to John McCain:
    John McCain: saying no to this crap sandwich is the beginning of TRUE reform, are you up to it?

  22. #477483
    On September 30th, 2008 at 8:56 pm, maisy said:

    Call it what it is…
    Perpetual Tax Hike!!
    They talk like the American taxpayer has no say in this as they pick our pockets once again. They make me ill….so tired of having useless self serving, corrupt, greedy pols in the congress. This will end up like the Big Dig in Boston…a bill far exceeding what they proposed and ever growing ….while it fixes nothing. The Big Dig is leaking and poses a danger every time one rides beneath it….Kinda like entrusting congress to do the right thing.(Don’t count on it!)

  23. #477485
    On September 30th, 2008 at 8:57 pm, MarcoPolo said:

    I know nobody really believes in the Constitution, but all spending bills are required to originate in the House.

  24. #477490
    On September 30th, 2008 at 9:05 pm, MarcoPolo said:

    All together now:

    CONGRESSIONAL TERM LIMITS

    You know you can say it:

    CONGRESSIONAL TERM LIMITS

    Repeal the 17th Amendment and make then answer to the Governors again.

    I am voting third party, because the GOP does not deserve my vote.

  25. #477493
    On September 30th, 2008 at 9:06 pm, love2rumba said:

    secondsight I have just left a sternly polite message on McCain’s website with respect to my views on this robbery.

  26. #477495
    On September 30th, 2008 at 9:07 pm, Independent voter said:

    Alternative Solutions to “Bailout” Scam. Contact Congress!

    - FIRST,AND FOREMOST, CONGRESS MUST RESPECT THE DEMOCRATIC PROCESS.
    Congress MUST hold REAL hearings, NOT staged hearings w/ special interest groups.

    - INCREASE LIQUIDITY IN THE MARKET NOW BY:
    Suspending the mark-to-market accounting requirement imposed by Sarbanes-Oxley.

    - SUSPEND CAPITAL GAINS TAX FOR TWO YEARS.
    This will encourage sale of assets.

    - DO NOT EVEN CONSIDER INSERTING PORK for “Special Interest groups” or “Special Projects” IN ANY LEGISLATION TO ADDRESS FINANCIAL MARKETS.

    - INVESTIGATE IMMEDIATELY. Create “Special Task Force” to investigate; Fraud, Pricing Collusion, & Insider trading. The same “Special Task Force” put in place after the ENRON Scam.

    - HERE’S A GOOD DEAL FOR TAXPAYERS MONEY:
    FOR ANY TAX MONEY OFFERED TO “BAIL OUT” ANY CORPORATION – GET THE U.S. TAXPAYERS “PERPETUAL PREFFERED STOCK” AT 10% LIKE WARREN BUFFET GOT FROM GOLDMAN SACHS.

    - REFORM & REGULATE! “TARP”, Troubled Assets Relief Program, OR (“Bailout”) offers NO reforms for the high risk activities in the Market that created this mess.
    FOR EXAMPLE: DERIVATIVES MARKET – THE HIGHEST RISK PRODUCTS ARE STILL UNREGULATED – “The job of a derivatives trader is like that of a bookie once removed, taking bets on people making bets.” If Derivatives Traders leave the U.S., which they always threaten to do when lobbying against Regulations in Congress, good riddance!

  27. #477499
    On September 30th, 2008 at 9:09 pm, Milwaukee Mike said:

    Roy Blunt should ask for time on the floor just before the vote and lay into the democrats who proposed, supported, extorted and defended their precious Freddie and Fannie, who caused this mess in the first place. Let these crap-masters chew on that!

  28. #477502
    On September 30th, 2008 at 9:12 pm, Frankly Opinionated said:

    I frequently use various congress and senate members website to contact them. Most will claim that since your zipcode and address are not within their area that you can’t contact them. To get around that, use their hometown office addresses for your comment, but at the end type your true address in just to show that since they affect the country we all can contact them. Most will not reply, but at least your message has gotten to their websites.
    Adding “sweeteners”? Are no new bills/laws good enough to stand on their own? Are our politicians so screwed up that they cannot vote the merits, but rather only if it has pork for their areas? (no response needed to that last)
    I have read the Confederate Constitution, (though it did not live long), and it had a provision that each new bill/law was to be offered on its own and not piggy backed with any other.
    Makes sense to me, but I suppose that is because I am not as “educated” as the pork barrel divers. Sheesh!
    nuf sed

  29. #477504
    On September 30th, 2008 at 9:17 pm, MarcoPolo said:

    They are trying to pass this in the senate because they feel it will be easier, because not all the senators are up for re-election, and won’t listen to the people as well. This will give it more momentum they feel.

    The very reason they are trying to pass this in the Senate first is the exact reason why they are forbidden to by the Constitution! They are too detached from because too many of them are not up for reelection!

    No taxation without Representation. This bill raises the debt ceiling and the amount of revenue to be collected another 700 billion dollars, the largest amount ever.

  30. #477505
    On September 30th, 2008 at 9:18 pm, Jim M. said:

    Hope someone pays attention to Paulson’s past conflicts with the AIG bailout and Obama’s links to that via Goldman Sachs:

    http://mensnewsdaily.com/2008/09/30/barbarians-at-the-gate/

  31. #477510
    On September 30th, 2008 at 9:22 pm, sparky1962 said:

    CONGRESSIONAL TERM LIMITS
    CONGRESSIONAL TERM LIMITS

  32. #477513
    On September 30th, 2008 at 9:24 pm, MarcoPolo said:

    Now is the time for all good men to come to the aid of their country.

  33. #477516
    On September 30th, 2008 at 9:26 pm, Independent voter said:

    Frankly Opinionated said:
    “I frequently use various congress and senate members website to contact them. Most will claim that since your zipcode and address are not within their area that you can’t contact them. To get around that, use their hometown office addresses for your comment, but at the end type your true address in just to show that since they affect the country we all can contact them.”

    Thanks, great idea.
    I have been faxing, like a maniac, for my small coalition, I have assumed that is the best way to go when “time is of the essence”.
    But, we WELCOME all suggestions.

  34. #477519
    On September 30th, 2008 at 9:28 pm, bear1909 said:

    Something stinks. There is more going on here than meets the eye.

    Why aren’t We The People talking about that?

    Economic life for many of us is about to be changed forever. Are we going to allow Pelosi Galore and Harry Reid legislate that too?

    There is $63 trillion in derivatives looking for a place to crash. This $700 billion distraction is the least of our problems.

    Get ready for the unveiling of the North American Union in the next session of Congress as “the only way to prevent what happened in The Big Mess.”

    Fight to the bitter end. We have the right to alter or abolish a government that doesn’t represent us.

    Bear1909 out

  35. #477522
    On September 30th, 2008 at 9:32 pm, PhredE said:

    MarcoPolo wrote:
    I know nobody really believes in the Constitution, but all spending bills are required to originate in the House.

    Thanks for beating me to this MarcoPolo.
    Appropriations are SUPPOSED to originate in the House. I wonder what technical stunt the criminals in the house of lords (eg. the US Senate) will use to bring this up and try to pass it???

    Hey Senators! Why don’t you first try the plan outlined today by Reps. Kaptur and DeFazio? It costs $0 taxpayer money and might even work… Huh? So why not give it a chance FIRST???

  36. #477523
    On September 30th, 2008 at 9:33 pm, edward cropper said:

    Mitch McConnell is a certified wimp and political crawfish. This weasel is a joke as minority leader.
    The American people might as well face it they do not have enough political leaders with genuine testicular courage to block a tear duct.

  37. #477524
    On September 30th, 2008 at 9:33 pm, Wayfaring Stranger said:

    On September 30th, 2008 at 8:11 pm, Marie said:

    http://www.uhuh.com/nwo/communism/comgoals.htm

    Time to review…

    Marie, I feel like I’m in grade school…wait, I was in grade school when this went into the Congressional Record. Reading down the list, my brain kept ticking off one point after another:
    …Grant recognition of Red China. Admission of Red China to the U.N…check
    …Promote the U.N. as the only hope for mankind…check
    …Get control of the schools. Use them as transmission belts for socialism and current Communist propaganda. Soften the curriculum. Get control of teachers’ associations…check
    …Eliminate all laws governing obscenity by calling them “censorship” and a violation of free speech and free press…check
    …Present homosexuality, degeneracy and promiscuity as “normal, natural, healthy”…check
    Infiltrate the churches and replace revealed religion with “social” religion. Discredit the Bible and emphasize the need for intellectual maturity which does not need a “religious crutch”…check
    …Discredit the family as an institution. Encourage promiscuity and easy divorce…Emphasize the need to raise children away from the negative influence of parents. Attribute prejudices, mental blocks and retarding of children to suppressive influence of parents…
    check, check, and double check

    We may have won the Cold War, but the enemy is still with us.

  38. #477528
    On September 30th, 2008 at 9:36 pm, Send_Me said:

    The bipartisan move caps a day of behind-the-scenes maneuvering on Capitol Hill over what sweeteners to add to the bill to attract votes from House Republicans.

    “Sweeteners”? We call those “bribes” where I’m from. And to make it all the more despicable, they’re trying to bribe one another, using our money, in order to pass a deal to take $700+ billion from us to give to institutions like Fannie Mae and Freddie Mac whose failure stems from Congress’ own shortcomings.
    Yeah, I’m for Option B: Dave Ramsey’s Common Sense Fix.

  39. #477532
    On September 30th, 2008 at 9:41 pm, Dianah111 said:

    Give me Liberty or give me poverty!!!!!

  40. #477533
    On September 30th, 2008 at 9:41 pm, Independent voter said:

    Oh, also our coalition has been putting “call to action” requests in the Craigslist “Politics” section. Yeah, yeah, there’s some real crazies there, but there are also some concerned citizens there that just need a “jumpstart” & some direction.

  41. #477534
    On September 30th, 2008 at 9:43 pm, reland1 said:

    http://www.house.gov/house/messaging.shtml
    been down since at least 6:30pm CT..they are shutting us out. The handwriting is on the wall, folks. The fiscal year ended today. They will pass the bill…or, Bush will sign an Executive Order. It will happen.

  42. #477535
    On September 30th, 2008 at 9:43 pm, Ron said:

    When do we get to see this bicameral, bipartisan piece of bile? Why hasn’t the SEC taken the positive steps suggested by several players and observers to change the mark-to-markup accounting procedures? What about a loan-only approach that puts the financial institutions definitely on the hook? And for heaven’s sake, can be explicitly ban derivatives from purchase, if purchase is implemented? The Treasury should not buy ANYTHING that is not backed by collateral of some value, even if that value is hard to determine quickly. End of story. Oh, and can we get Nan to shut her pie hole on this one, unless she wants to kill it again?

  43. #477537
    On September 30th, 2008 at 9:45 pm, Republicanvet said:

    On September 30th, 2008 at 8:56 pm, maisy said:

    Call it what it is…
    Perpetual Tax Hike!!

    I think you just hit it on the head.

    If they have $700B lying around to bail out some bankers, why didn’t they think of giving us back that $700B in the form of a tax cut?

    Taxes are outrageous now, yet the fools in Congress think rather than giving us back our money, they’ll just give it to some greedy crook.

    Throughout this debate, keep asking yourself what you would do if your share of the $700B were given back to you, the taxpayers.

  44. #477538
    On September 30th, 2008 at 9:45 pm, stalban said:

    Folks, we need to absolutely, positively FLOOD their emails and phones on this issue. I’ve already sent emails to my respective senators and plan to at least pay a visit to their local offices tomorrow. While I don’t hold out much hope of these aristocrats listening to me I certainly do plan to make a pest of myself. (In the most respectable manner possible, of course! :-) )

  45. #477539
    On September 30th, 2008 at 9:48 pm, Republicanvet said:

    On September 30th, 2008 at 8:57 pm, MarcoPolo said:

    I know nobody really believes in the Constitution, but all spending bills are required to originate in the House.

    Absolutely. Other legislation can originate in the Senate, but anything involving spending must originate in the House.

    Generally, the House passes their tripe, the Senate may pass the same thing, or something similar. If the Senate passes something similar to the House but not the same, then the bill is reconciled between the two, and the sausage comes out the other end.

  46. #477541
    On September 30th, 2008 at 9:49 pm, T-Bone said:

    As I watch my 401k lose value, I feel that the lost value is going straight into the hands of the poor people in this country who bought houses they couldn’t afford. I am now paying for their mortgages.

    The bigger problem is it isn’t going straight to them, it goes through Washington first and they will take a big chunk out to go to people that support them. Those people who get this chunk will in turn donate more money to their political campaigns.

    I am also afraid that the biggest portion of that will go to Democratic supporters as they go hand in hand with giving the poor these bad mortgages. Everyone will have their hand in this pie. Direct transfer of wealth from those who have it to those who don’t with political cronies taking their cut. All disguised as crisis management.

    I smell corruption at the highest levels and lots of it.

  47. #477540
    On September 30th, 2008 at 9:49 pm, Jim M. said:

    Henry Paulson’s Motto:

    “Give me liberty, or give me DEBT!”

  48. #477544
    On September 30th, 2008 at 9:53 pm, Republicanvet said:

    On September 30th, 2008 at 9:07 pm, Independent voter said:

    Alternative Solutions to “Bailout” Scam. Contact Congress!

    Good list but you forgot one.

    Hold those responsible in the House and Senate who allowed this to happen while ignoring their oversight responsibility.

  49. #477545
    On September 30th, 2008 at 9:53 pm, billcollier said:

    Senator DeMint will be on my BTR show tomorrow at 9AM. Focus is on Energy Freedom Day will ask about this also.

    Bill Collier
    http://www.blogtalkradio.com/freedomist/2008/10/01/57th-State-wSen-Demint

  50. #477551
    On September 30th, 2008 at 9:59 pm, Dianah111 said:

    Someone posted this link earlier today. I think everyone should read this article. It was pretty eye opening to me. It is a little long but well worth the time.

    http://www.americanthinker.com/2008/09/barack_obama_and_the_strategy.html

  51. #477553
    On September 30th, 2008 at 10:04 pm, madchef said:

    On September 30th, 2008 at 8:57 pm, MarcoPolo said:
    I know nobody really believes in the Constitution, but all spending bills are required to originate in the House

    .

    This is insane, the senate is basicly giving the people the finger and saying we will pass this anyway. This is absolute tyranny, the bill is voted down in the house and moves to the senate any way.

  52. #477555
    On September 30th, 2008 at 10:08 pm, nlebou said:

    Did anyone happen to download the video I posted the the other day entitled Burning Down the House?

  53. #477577
    On September 30th, 2008 at 10:30 pm, Wayfaring Stranger said:

    On September 30th, 2008 at 9:59 pm, Dianah111 said:

    Someone posted this link earlier today. I think everyone should read this article. It was pretty eye opening to me. It is a little long but well worth the time.

    http://www.americanthinker.com/2008/09/barack_obama_and_the_strategy.html

    While you’re at it, be sure to read the linked article on the Cloward-Piven Strategy – subtitled Strategy for forcing political change through orchestrated crisis. It’s, as you say, an eye-opener:

    First proposed in 1966 and named after Columbia University sociologists Richard Andrew Cloward and Frances Fox Piven, the “Cloward-Piven Strategy” seeks to hasten the fall of capitalism by overloading the government bureaucracy with a flood of impossible demands, thus pushing society into crisis and economic collapse…
    …Cloward-Piven’s early promoters cited radical organizer Saul Alinsky as their inspiration. “Make the enemy live up to their (sic) own book of rules,” Alinsky wrote in his 1989 book Rules for Radicals. When pressed to honor every word of every law and statute, every Judaeo-Christian moral tenet, and every implicit promise of the liberal social contract, human agencies inevitably fall short. The system’s failure to “live up” to its rule book can then be used to discredit it altogether, and to replace the capitalist “rule book” with a socialist one…
    …Their article called for “cadres of aggressive organizers” to use “demonstrations to create a climate of militancy.” Intimidated by threats of black violence, politicians would appeal to the federal government for help. Carefully orchestrated media campaigns, carried out by friendly, leftwing journalists, would float the idea of “a federal program of income redistribution,” in the form of a guaranteed living income for all — working and non-working people alike…

    The author of the article states, “Most Americans to this day have never heard of Cloward and Piven.” I’ve been trying to do my bit to be sure that more people do hear about them, and their disciples – especially one particular disciple.

  54. #477598
    On September 30th, 2008 at 10:43 pm, sandyb said:

    On September 30th, 2008 at Milwaukee Mike said:
    Roy Blunt should ask for time on the floor just before the vote and lay into the democrats who proposed, supported, extorted and defended their precious Freddie and Fannie, who caused this mess in the first place. Let these crap-masters chew on that!

    Mike, have you been in the liquor cabinet again? I saw Blunt on Cavuto yesterday and he’s going along with all of this “we have to do it now” fervor. It was sickening. I hope Pence and DeMint stand strong.

  55. #477604
    On September 30th, 2008 at 10:45 pm, sandyb said:

    Bachbone said:
    McCain is toast unless he quits equivocating and forthrightly denounces this as a stinkin’ bailout. “Bailouts? We don’t need no stinkin’ bailouts!“

    He’s already toast and seems determined to lose this election. Dick Morris said he’s down by 6 pts. now and expects him to be down by 12 points next week.

  56. #477611
    On September 30th, 2008 at 10:47 pm, reland1 said:

    the seventeenth amendment

    provides for the direct election of Senators by the people of a state rather than their election or appointment by a state legislature. Also, it allows the governor or executive authority of each state, if authorized by that state’s legislature, to appoint a senator in the event of an opening, until an election occurs.The Seventeenth Amendment was passed during the Progressive Era, with the support of the political group known as the “Progressives”. The other Progressive Era amendments are the Sixteenth Amendment (which authorized the income tax), the Eighteenth Amendment (which started Prohibition of alcoholic beverages), and the Nineteenth Amendment (which gave women the right to vote).

    If this had not been done, we would not have to deal with 100 of the idiots..we only have 435 to whip in line. If anybody REALLY wants to know what this Fed bailout stuff is all about…read “THE CREATURE FROM JEKYLL ISLAND” BY G. Edward Griffen

  57. #477641
    On September 30th, 2008 at 11:04 pm, MarcoPolo said:

    Repealing the 17th would return a lot of power to the States, and would restore the balance of the Republic.

    The people were represented in the House, the States were represented in the Senate, and the Federal government was represented in the Executive branch.

    Those guys were geniuses.

  58. #477646
    On September 30th, 2008 at 11:06 pm, nyc123me said:

    I’m just going to keep my mouth shut after my chicken little act on Monday. I just hope things work out for the best for all Americans, whichever way this goes.

  59. #477651
    On September 30th, 2008 at 11:07 pm, MarcoPolo said:

    McCain is toast unless he quits equivocating and forthrightly denounces this as a stinkin’ bailout. “Bailouts? We don’t need no stinkin’ bailouts!“

    You keep forgetting that McCain doesn’t really reach across the aisle, like he claims. He actually just goes across the aisle, but he never even bothers to bring anybody back with him.

  60. #477658
    On September 30th, 2008 at 11:13 pm, Send_Me said:

    On September 30th, 2008 at 10:04 pm, madchef said:

    It’d sure be nice if we could repeal the 17th Amendment and make the U.S. Senators accountable to the states again.

  61. #477666
    On September 30th, 2008 at 11:22 pm, TooMuchTime said:

    Repeal the 17th Amendment and make then answer to the Governors again.

    Good idea. How about this?

    US Senators are still elected by the people, but by county. Kind of like a state version of the electoral college. (Not congressional districts which get gerrymandered into pretzels. By county.) Each county gets one vote. Win the popular vote in the county, you get it’s vote.

    I live in the Peoples Socialist Quagmire of California. This means that LA-LA County would have the exact same influence as Modoc or Sierra counties; 1 vote. This is fair because a US Senator represents the entire state. Right now, they’re just Representatives-at-Large for the biggest urban areas in the state. It would also force each Senate hopeful to campaign in every county. In CA, they just do their best to win LA County and they’ve won.

    Can you imagine Barbara Boxer trying to sell her socialist snake oil to 500 people in a Tri-County Grange Hall?

  62. #477674
    On September 30th, 2008 at 11:26 pm, ArmsnAmmo said:

    NANCY P. Says “CONGRESS WILL WORK THIS OUT” in other words we the mighty and MUCH MORE SMATER tha YOU (THE PEOPLE) will do this no matter what you say or think………. I thought it was called the PEOPLES HOUSE???? It must be NANCYIES and HARRYS PLACE NOW!!!!

    Let’s FIRE EVERYONE of these SORRY SOB’S the FIRST CHANCE WE GET no MATTER HOW THIS DEAL SHAKES OUT!!!! SEND THEM HOME AMERICA!!!! LET’S SHOW THEM WHO THE BOSS REALLY IS!!!!!!

  63. #477680
    On September 30th, 2008 at 11:30 pm, emjem24 said:

    * Suspend the capital gains tax rate for two years
    * Limit backing of high-risk loans by Fannie Mae and Freddie Mac
    * Schedule Fannie and Freddie for privatization
    * Suspend “mark-to-market” accounting until the SEC can issue new guidelines that will allow firms to mark these assets to their true economic value
    * Stabilize the dollar by repealing the Humphrey-Hawkins Full Employment Act, which alternative bailout supporters say diverts the Federal Reserve’s attention from long-term price stability to short-term economic growth

    While these are good ideas in the bill, I’m skeptical about the rest. Where is the promise not to use taxpayer money? When will the investigations come? When will both Wall Street and politicians that had a conflict of interest (such as Dodd) be investigated, prosecuted, and given lengthy prison terms? Where is the justice?

    I’m very disappointed about McConnell. He’s another RINO. He cares about slave labor, business interests, and reaching across the isle rather than doing what’s right. He didn’t change Washington. Washington changed him. I wouldn’t be surprised if the Kentucky voters have had enough and just threw him out. I wouldn’t.

    How did it all go so wrong? I’m having trouble identifying with either party anymore. I just feel like barbarian hordes are closing in and there’s nothing I can do to prevent it.

    America has sold her soul for the worthless dollar. I’m a profit-loving capitalist like the next conservative, but I just feel like the taxpayer isn’t well-served here. Aren’t we supposed to be learning from this debacle? How are we to right the ship when we don’t even know what to fix to keep it adrift? How?

    I’m just sick. Really sick. I can’t believe this is happening. :cry:

  64. #477683
    On September 30th, 2008 at 11:32 pm, RabbidSquirrel said:

    On September 30th, 2008 at 9:59 pm, Dianah111 said:

    45. Repeal the Connally reservation so the United States cannot prevent the World Court from seizing jurisdiction [over domestic problems. Give the World Court jurisdiction] over nations and individuals alike.

    I guess Texas told Bush and the World Court where to shove that.

  65. #477686
    On September 30th, 2008 at 11:35 pm, NJ-Aviator said:

    Like Rush said… this is just a gag by Dems to pin any kind of blame they can on Republicans.

    They know people hate this universally. Anyone who votes for it is poisoned on Nov 4th.

    So… dems will politely say to Repubs..”You guys vote first. Remember.. we’re right behind you.

    As the dems then plot about which of them gets to vote know.

    What a bunch of pieces of crap Reid, Pelosi and the rest of them are. This is ALL about politics for them.. while they say republicans are injecting politics.

    Pieces of s___.

  66. #477687
    On September 30th, 2008 at 11:35 pm, NJ-Aviator said:

    err.. vote “no”… I’m tired.

  67. #477690
    On September 30th, 2008 at 11:37 pm, RabbidSquirrel said:

    LOL, I thought it was a new type of ‘vote present’

  68. #477691
    On September 30th, 2008 at 11:37 pm, NJ-Aviator said:

    And this is a BAILOUT. Not a rescue.

  69. #477693
    On September 30th, 2008 at 11:37 pm, CO2 Producer said:

    I can’t seem to get the opening of The Human Beinz’s version of “Nobody But Me” out of my head.

  70. #477694
    On September 30th, 2008 at 11:37 pm, NJ-Aviator said:

    Squirrel… lol… hey.. if Obama could.. he would.

  71. #477704
    On September 30th, 2008 at 11:41 pm, Joy said:

    If it’s war they’re looking for, they’re headed in the right direction.

  72. #477709
    On September 30th, 2008 at 11:45 pm, billcollier said:

    hey, the alternative plan sounds like the one Congressman Pence is supporting GO HERE .

    I emailed Congressman Pence’s aid, asking for an interview, will keep yall posted. Also, I will ask Senator DeMint tomorrow at 9AM what he knows: what is being considered??

    God Bless and let us hope all is well.

  73. #477732
    On October 1st, 2008 at 12:08 am, ITookTheRedPill said:

    Some Good News:
    Energy Freedom Day is here!

    We have over 3 times as much oil as Saudi Arabia.

    The USA could become not only 100% Energy Independent, we could become an oil EXPORTER! That would bring incredible prosperity to this country, which is exactly why the Communists want to prevent it.

  74. #477748
    On October 1st, 2008 at 12:24 am, drfredc said:

    Seems like there ought to also be a rule against those getting government support from buying off CongressCritters with donations. There’s too much money involved to expect this to go forward without tinkering in the background to screw things up.

  75. #477768
    On October 1st, 2008 at 12:47 am, dan_bujok said:

    I did actually get through on email to both my loony left Senators…Murry and Cantwell. Not saying they will listen, but the voices must be heard…SAY NO TO THIS SHAMEFUL BILL.

    Thursday’s popcorn n watch hairplug flail time!!!

  76. #477777
    On October 1st, 2008 at 12:57 am, Papa Louie said:

    After all that has gone on with Fannie & Freddie and the financial meltdown, does anyone remember what the Democrats claimed to be Sarah Palin’s first gaffe? This is it from Sept. 8, 2008:

    Gov. Sarah Palin made her first potentially major gaffe… claiming that lending giants Fannie Mae and Freddie Mac had “gotten too big and too expensive to the taxpayers.”

    Do you also remember what the Democrats’ alleged expert had to say about her comments?

    ‘Gotten too big and too expensive’ are two separate things. The too big has been a conservative mantra for a while and there is something to be said of that in that they hold about half of the mortgage guarantees that are out there. And in the last year they have been responsible for roughly 80 percent out there. The ‘too expensive to tax payers,’ I don’t know where that comes from.”

    No, Fannie and Freddie haven’t cost us a dime. The mortgage meltdown is all a figment of our imagination just like Obama’s calls for tax increases and his opposition to the surge.

    I wonder if the so-called expert has gotten a clue yet about where the “too expensive to tax payers” comes from. Time has proven that this was no gaffe. Sarah was not only 100% correct, she was prophetic. The Democrats? Well, they still don’t have a clue.

  77. #477802
    On October 1st, 2008 at 1:52 am, nlebou said:
  78. #477804
    On October 1st, 2008 at 1:56 am, RabbidSquirrel said:

    What happened to the investigation of the kid that hacked Gov Palins email??

  79. #477830
    On October 1st, 2008 at 3:44 am, AlohaGuy said:

    What happened to the investigation of the kid that hacked Gov Palins email??

    Probably gets $20 million and a job as Jamie Gorelick’s intern.

  80. #477842
    On October 1st, 2008 at 4:45 am, graysonret said:

    The question on every senator and representative’s mind is not, “Can this bill save the country’s economy”, but, “How can I profit politically and financially from this ‘crisis’”? Don’t expect a “clean” piece of legislation to be passed. Expect all sorts of “goodies” to be attached. It’s a major election year. Votes and power are priority, not the economy.

  81. #477865
    On October 1st, 2008 at 6:57 am, NJ-Aviator said:

    nlebou said:

    http://thehill.com/leading-the-news/soros-floats-alternative-bailout-plan-with-dems-2008-09-30.html

    Check this out.

    Are you friggin kidding me?

    Soro’s plan…

    Specifically, the liberal philanthropist has proposed that government funds should be used to recapitalize the American banking system by purchasing equity in banks and investment firms.

    Yeah. Right. Move to make the US Gov’t investors in banks. I think we should leave that whole “State Owned” thing to Russia and others.

  82. #477903
    On October 1st, 2008 at 7:36 am, MarcoPolo said:

    Good idea. How about this?

    US Senators are still elected by the people, but by county. Kind of like a state version of the electoral college. (Not congressional districts which get gerrymandered into pretzels. By county.) Each county gets one vote. Win the popular vote in the county, you get it’s vote.

    If we repeal the 17th, each state would be free to choose the method they use to select their Senators. So the loonies in California could still use direct their beloved direct vote.

    Wouldn’t it be wonderful to have half the governors threatening to recall the senators right now though?

    Sigh.

  83. #477905
    On October 1st, 2008 at 7:38 am, TexasEngineer said:

    email sent to Senator McCain this morning. Here’s his chance to shine, distance himself from Barry…and help us out too.

    Senator McCain,
    Instead of following Obama’s lead on this boondoggle of a bailout, ignore Secretary Paulson (hello? DEMOCRAT!!!) who has a vested interest in Obama winning. Read this from Peter Ferrara and be the Maverick that you can be…be business friendly. Business will pull the economy out of this if given the chance to excell.
    http://www.spectator.org/dsp_article.asp?art_id=13974

    Thank you for your service to our country from the father of a couple of Bluejackets.
    TexasEngineer

  84. #477920
    On October 1st, 2008 at 8:01 am, herself said:

    TexasEngineer, I would ask you “what Obama lead?” That man has NEVER lead. Instead he always avoids the issue and votes “present”, unless he’s voting to kill babies.

    Why are you people intent on punishing the victims of this disaster rather than the perpetrators, Dodd, Waters, Frank, etc? Those are the people who need to be brought before the court of public opinion and metaphorically drawn and quartered. Lobby your people in Washington to arrange a nicely progressive tax on obscene compensation bonuses for driving a company to ruin. How does a 90% of the bonus tax rate sound?

    {^_^}

  85. #477928
    On October 1st, 2008 at 8:11 am, gayle said:

    Rabid,

    His daddy took away his computer for 24 hours.

  86. #477931
    On October 1st, 2008 at 8:13 am, gayle said:

    I believe the main ones involved should have to pay out of their pockets, bank accounts, and salaries to pay back the government.

    Why isn’t this occurring?

  87. #477934
    On October 1st, 2008 at 8:17 am, jeanie said:

    Yes. Have dialed encouraging them to pass this as quickly as possible. also e-mailed last night and this AM.

  88. #477935
    On October 1st, 2008 at 8:18 am, NJ-Aviator said:

    My senators are useless. Lautenberg and Menendez. The only thing that might change their vote is a bigger bribe than they got to vote FOR it.

    For Lautenberg.. if he drools out of the left side of mouth, that’s a Yea.. if he drools out of the right side… that’s a nay.

    So who can we call to make them push for changes to the mortgage lending requirements and to lay blame on groups like ACORN and Greenlining? Sen. Inhofe? I forget who were the senators with a spine.

    Any suggestions?

  89. #477937
    On October 1st, 2008 at 8:19 am, Laree said:

    Who is up for re election. I bet they have phone numbers and email addresses.

    # 3 Races

    * 3.1 Retirements
    o 3.1.1 Wayne Allard (R) of Colorado
    o 3.1.2 Larry Craig (R) of Idaho
    o 3.1.3 Chuck Hagel (R) of Nebraska
    o 3.1.4 Pete Domenici (R) of New Mexico
    o 3.1.5 John Warner (R) of Virginia
    * 3.2 Democratic incumbent races
    o 3.2.1 Mark Pryor of Arkansas
    o 3.2.2 Joe Biden of Delaware
    o 3.2.3 Dick Durbin of Illinois
    o 3.2.4 Tom Harkin of Iowa
    o 3.2.5 Mary Landrieu of Louisiana
    o 3.2.6 John Kerry of Massachusetts
    o 3.2.7 Carl Levin of Michigan
    o 3.2.8 Max Baucus of Montana
    o 3.2.9 Frank Lautenberg of New Jersey
    o 3.2.10 Jack Reed of Rhode Island
    o 3.2.11 Tim Johnson of South Dakota
    o 3.2.12 Jay Rockefeller of West Virginia
    * 3.3 Republican incumbent races
    o 3.3.1 Jeff Sessions of Alabama
    o 3.3.2 Ted Stevens of Alaska
    o 3.3.3 Saxby Chambliss of Georgia
    o 3.3.4 Pat Roberts of Kansas
    o 3.3.5 Mitch McConnell of Kentucky
    o 3.3.6 Susan Collins of Maine
    o 3.3.7 Norm Coleman of Minnesota
    o 3.3.8 Thad Cochran of Mississippi
    o 3.3.9 Roger Wicker of Mississippi
    o 3.3.10 John Sununu of New Hampshire
    o 3.3.11 Elizabeth Dole of North Carolina
    o 3.3.12 Jim Inhofe of Oklahoma
    o 3.3.13 Gordon Smith of Oregon
    o 3.3.14 Lindsey Graham of South Carolina
    o 3.3.15 Lamar Alexander of Tennessee
    o 3.3.16 John Cornyn of Texas
    o 3.3.17 Michael Enzi of Wyoming
    o 3.3.18 John Barrasso of Wyoming

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