Rush: God bless the anti-bailout Republicans
Here’s a helpful list of the Republicans who don’t deserve any thanks or praise: The 65 who took a dive.
As the bailout water-carriers try and drum up support for a do-over, watch their language.
The same people who tried to tell you that amnesty was not amnesty are now trying to whitewash “bailout” out of the public vocabulary. It’s a “rescue” and a “workout” and anything but what it is.
Orwell approves.
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The thin red line.
Very easy to say for a man who has plenty left to pay his bills after yesterday. Not so easy for those who don’t. Rush is out living his usefulness to many of us.
Yeah, I was so depressed that Tanc drank the Kool Aid…
He done lost his Mojo…
Say “NO” to the BAILOUT,
and “YES” the the FAILOUT!
LET THEM FAIL!
People who are contacting Congress need to be offering acceptable alternatives for the Paulson bailout NOW!
Congress WILL be doing something.
Here is our latest Fax message:
RE: ACCEPTABLE SOLUTIONS TO FINANCIAL CRISIS
• DO NOT UNDERMINE THE DEMOCRATIC PROCESS.
Have hearings! REAL hearings, NOT staged hearings with people from your own special interest groups.
• Justice Dept. MUST IMMEDIATLY create “Special Task Force” to investigate; Fraud, Pricing Collusion, & Insider trading.
• NO PORK FOR ANY “SPECIAL INTEREST GROUPS” OR “PET” PROJECTS IN LEGISLATION DESIGNED TO ADDRESS FINANCIAL MARKETS.
• IMMEDIATELY INCREASE LIQUIDITY BY….
Suspending the mark-to-market accounting requirement imposed by Sarbanes-Oxley.
• TWO YEAR SUSPENSION OF CAPITAL GAINS TAX. This will encourage the sale of assets.
• REGULATE DERIVATIVES MARKET- If they leave the U.S. good riddance! “The job of a derivatives trader is like that of a bookie once removed, taking bets on people making bets.”
• 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.
• Fire Sec. Paulson & Chairman Cox,
they have NO credibility.
Exactly - they are desperately trying to tell us to ignore todays market run-up, or to mitigate it by saying it was only because of hope that a bailout will eventually be passed.
The idea that the Dow shot up 485 points today on hope of a bailout after what happened in congress yesterday just simply does not pass the smell test.
Well, some in the media - old and new - couldn’t even quote Rush correctly :
The biggest problem with the bailout I think is money to groups that are socialists, keepings those who can not accord thier houses in thier houses, giving the automakers money, a 20% tax on CEO’s golden retirement, and allowing those who watched it happen be in charge of how the money is spent.
I guess the whole thing is bad. Now Congress stop spending more than you have, no more pig ear marks, and maybe we can get our country back from the CHICOMMS who hold to many T-bills.
Tom Davis III, 11th District of Virginia, is perhaps the BIGGEST RINO
Tom Davis III, 11th District of Virginia, is perhaps the BIGGEST RINO
Some of the people on that list are very solid Republicans/Conservatives (although some aren’t). They voted their conscience and they shouldn’t be raked over the coals for doing so. The crap-sandwich didn’t pass and that’s (maybe) the main thing. Let them do their jobs. Let’s try to let them know what we want and what we need instead of throwing bricks at them.
Good Lord!!! There are those of us too old to get a job even if we could, who are forced to use the market to supplement inadquate pensions because all other venues simple do not pay enough,who were nearly wiped out yesterday and who may end up on welfare and be accused by “compassionate” conservatives of living off the public, and yet you “conservatives” fail to see any side but your own. And to think I used to admire y’all and like being thought of as one of you. No more, in fact I’m just plain sick of you and your implacable hatred for all who do not think like you. You are no better than the extreme left. Ideologues and idiots and selfish pricks. Time to re- think who I am and who I’d like to think of as those I agree with.
Ooops. A little quick on the keyboard..
Tom Davis III, 11th District of Virginia, is perhaps the BIGGEST RINO in Congress. He is “retiring” from Congress this year, about 16 years too late for my tastes, but better late than never. Too bad he has destroyed the GOP along the way and insured that his seat will go to a leftist instead of the actual conservative who is running for his seat.
Independent voter,
I agree with almost everything you said. The only part where I disagree is:
Yes, fire Paulson.
No, don’t fire Cox.
As Michelle said, Paulson must be “contained”, and I’d prefer fired.
Cox is being made into a scapegoat, and should not be fired. Let us remember that Cox is on our side of this battle.
Looks like Hillary Clinton wants to start the party back up. She is suggesting starting tomorrow the Senate take up the 700 Billion Bail Out Bill. We may be jamming the Senate switch board again.
http://wcbstv.com/topstories/hillary.clinton.senate.2.829183.html
#12,
I think you might want to vote for bho. He will make it all better for every citizen in our Republic.
L
Just remember McConnell was all in the amnesty until Americans took him to the woodshed and he is front and center in this same crap IT’S ALL ABOUT THE BUSINESS COMMUNITY AND SCREW YOU AND ME!
The market was only down 7%. That leaves 93% - is that what you mean by “nearly wiped out”? And it rebounded today. What exactly are you invested in that you were nearly wiped out? And how will a taxpayer guaranteed salary for a financial fat cat alleviate your situation?
Just sent the four Ohio reps on the list and talking points (thanks Independentvoter #5) to my father, brother, nephews and nieces suggesting they get on the horn - now!
I’ll be calling the other 61 tonight!
I can’t begin to express my disappointment in Tom Tancredo.
All this time, I’ve agreed with him on most things. Then he goes and does this. Tom, you lost a LOT of credibility with me and others like me when you voted AYE on this huge mistake. I expected better.
Turns out, I should have known better.
Excellent article on bailout and amnesty
http://www.spectator.org/dsp_article.asp?art_id=13950
After reading Jeanie #12, I change my mind. Lets just send a million dollars to every man, woman and child and be done with it.
If I wanted to be lectured, I’d call my mom. I don’t know where you came from, but you sound like a very angry person who should be posting on DU or KOS. If you want someone to blame, look at the Dems. These people supposedly trying to “fix” this “crisis” are the same ones who did nothing to stop it from happening. I, like many others, did not buy a house I couldn’t afford because someone either tried to talk me into it or because my eyes were bigger than my bank account. You should be angry at those people because they are part of the reason we are in the shape we are today. I blame Republicans too because they didn’t have a backbone to push the regulations through, even though they were the majority. Your anger is misplaced and coming here, calling conservatives names, may make you feel better, but does nothing to help your situation.
People…people…this was NOT a bailout attempt, it was a “rescue!” Brought to you courtesy of those who got us there in the first place! Clinton, Raines, Emmanuel, Gerelick, Frank, Waters, Pelosi, Shumer, etc, etc. DO NOT BELIEVE YOUR LYING EYES! They are simply there trying to >“
help“ hose us…again!Um’kay-y-y-y..?
With all due respect, if you are living off gains in the market, either you have substantial savings invested to draw from, or you are investing for the long term. Ride the wave. Your rant against “Republicans” doesn’t compute. You seem to want to “live off the public dole” by having the Gov’t. insure RISKY assets or live off the public dole by receiving public welfare.
If you haven’t seen this video yet, you might want to watch it before it mysteriously disappears. It pretty much sums up this financial debacle.
http://uk.youtube.com/user/TheMouthPeace
Independent voter #5, thank you for sharing. I’m forwarding these ideas to my Congressman, too.
jealousy is such an ugly emotion, let me guess, you’re a liberal!!
The Politico piece still remains uncorrected.
that sounds like a threat. and what do you plan to do with him?
its called ‘projection’ you are what you say you hate. wacko B
#12,
You do realize that there is and never has been a guarantee that stocks will always go up, right?
If you can’t handle the downside of the stock market, odds are you shouldn’t be invested in it. It is risky.
The stock market isn’t a bank! Money that you anticipate needing within 12-18 months shouldn’t be there. Money in the market should have nothing to do with paying your bills!
Bailing out stupidity is what got us into this mess!
Make it stop already.
Just called ‘Buck’ McKeon’s (R-CA) office.
A LOT of angry voters have called too.
The Rs NEVER get it-REEaching across the aisle to abscond with our $$$$ is no longer acceptable.
So, a pension plus social security isn’t enough? Time to downsize that mansion you paid off 20 years ago.
(God, I just know you were a teacher.)
Poor ol’ Jeanie…I really do feel sorry for her. To have aged, and not learned anything from all her years as a Democrat…and not realizing that it is THAT party’s ideology that has kept her enslaved all these years…as “VICTIM JEANIE.” Do you still believe the Democrat Party is going to take care of you? Here’s a clue, Jeanie…they lied!
All of the people who are complaining about all of the money they lost need to think about how much money they would not have made if everyone had been doing business the right way.
right on
thanks for the link. I passed it along to family and friends.
But..but…but…ah, can’t argue against that.
Looks like they have relaxed the mark-to-market provision of SOX. Let’s see how this will play out tomorrow.
Right: I’ve been a Republican all my life. And I’ve got news for you, they lie!!!
Sorry I even brought it up. I was under the impression that you might want to know how this affects other people. But I guess not. I think I’ll e-mail my Senators about passing the bill instead.
jeanie, you haven’t lost till you sell…unless you had stock in the banks that were forced by liberal government programs to buy bad mortgages.
I really can’t tell from your position and language here whether you’re a disenfranchised “conservative” or a lib playing the part.
People who want, (rely on, even), the government to ensure that the stock market always rises? That’s nothing but pie in the sky. Not only is it unnatural, it’s impossible too.
The federal government has taken over $150,000 in Social Security from me and will likely take another $250,000 from me over the next 20 years.
Should I live to reach retirement age, they will start start to repay me about $30,000 a year. If I live the 11 years after I retire I would get out 70K less than I put in! Such a deal!
The government is stealing from virtually all of us every day. Now they are simply doing it in a more direct and obvious manner with this “bailout.”
It really is time to clean house in Washington, DC. And it has to start in every Congressional district in the country. They are virtually all crooks. Vote them all out! How could we do worse than the last 12 or 16 years?
Rush has been broke more than once - and so have I, but I’m not going to play the envy game. It’s self-destructive.
My husband and I are still working on paying the rent - not a mortgage that we might have been able to get without any money down, but opted to wait till we were better situated financially. That dream may never happen now, but neither of us is giving up - or giving in.
Afterall, you did say you were a Republican. Oh and Dems never lie, do they?
People here have posted about your situation, but I guess you don’t have any responses. For someone who says you’re too old to get a job, your little rant sounds more like that of a spoiled child.
MtsEdge said:
Nothing she posted leads me to believe she was ever a conservative. Well, maybe she was an omu conservative. Just another troll here with a lame attempt to put us conservatives in our places.
What are you invested in that you were nearly wiped out on a day when the market went down 7%. I’m curious.
No answer?
Yep, conservatives accept the consequences of their actions. Perhaps she’s a product of a “there’s no such thing as failing” education?
Or if her investments were highly leveraged and she received a margin call. Given her stated circumstances that would be incredibly irresponsible, even more than she’s let on.
I’m curious…..listen…the stock market had already dropped almost 400 points (Well the Dow dropped 400 points) before the House even voted yesterday on what was supposed to be a sure thing. After the No vote it dropped almost another 400 points….would the bailout really have changed anything? I don’t think so, and today it was up big on what?? Speculation of another bailout…it doesn’t pass the smell test one bit.
It sure as hell does. My girlfriend has a business account(with Ameriprise) which was backed by the federal reserve. She lost 80k in the past few days. She’s supposedly guaranteed a return on 97% of the dollar, but it could take up to 2yrs to get all of her money back. In the interim, we have to figure out how to pay the bills and salaries. Fun times.
On September 30th, 2008 at 7:35 pm, Valiant said:
Just read this at Townhall:
Rush also said today,
That has been my point all along at riggword,
Obama, “Here I come to Save the Day…!”
Jeanie…you live in America. While most can sympathize with anyone who lost money in the stock market, the fact is that it’s not our fault. Neither me or anyone else should have to pay out so much as one nickel for your bad investments, whether by your decision or by your stockbroker. You have an equal right and chance, same as the rest of us, to make millions or fall flat on your face…the government was NOT elected to serve your every whim and make good on your every misfortune. You should seriously consider becoming a democrat if you believe in equality of outcome…and should consider it even more seeing how you want equality of outcome AFTER you had a loss. Most adults know that all forms of investment carry some amount of risk, which you automatically recognize and become responsible for the second you make investments. I’m never going to vote to give someone elses hard earned money to you, nor would I vote to give your money to someone else. Life is not fair, the market is not fair, the democrat managed fiasco was not fair, but you could have made changes and diversified anytime you saw fit, so the bottom line is that you have no one to blame but yourself. As a conservative, I have this theory about “personal responsibility,” and while I can “see your side” of things it changes nothing. You’re welcome to contact your reps in congress and vote for socialism as you see fit; rest assured I’ll do the same. If you can come up with a valid reason backed by our constitution that says you’re entitled to be made whole out of my tax dollars for your mistake, feel free to post it and we’ll discuss it.
#37 sergeantmajorbill, well said. Rush, too.
And I sent thank you’s to my reps who voted no. Notice those most deeply involved with the crime at hand are the loudest chicken littles? Their MSM mouthpieces are squawking pretty loudly, too. And they all come to the public podium with unclean hands. Law enforcement should pursue the guilty, and let commerce carry on.
Regardless of which political system has been in power throughout history, whether its been war, political or financial upheavals, no matter. Business happens. And a rescue without relief from those who caused it and who intend to profit from it further, means no relief at all.
Sorry to see it happening, but to me its looking more and more like those we have placed our trust in, are designing the mother of all
bailoutsheists.mistressjustice, see my post to jeanie in #25 above.
hitcharide #57. I agree with the thrust of your comments with one note. It isn’t people that caused Jeanie’s problem. It appears, more and more, that her losses were caused by an intentional act of the US Government.
I don’t owe Jeanie a penny and neither do you. But, if the government can warp the market to benefit whom they choose, when they choose, then Jeanie has a complaint. But, she needs to help us vote those crooks out of office and not complain about the market.
It is the government manipulating the market, and not the market, that is the problem. Government is the problem.
Assuming that the ACORN-trained Community Organizer wins the presidency, we need to focus on winning Senate and House seats to thwart socialist legislation by the Pelosi-Reid-Obama triumvirate. Support your GOP senatorial and congressional candidates and incumbents now!
Here’s another thought; anyone who wanted total security in their investment could have done so with treasury bills. They are guaranteed and backed fully, yet don’t return as great a return…yet they are the closest you can get to “no risk” investment.
Rush is the rock upon which Conservatism rests today.
Day after day he battles liberalism.
Gnats like the MSM and cock-a-roaches in the congress take their shots at him and fail time after time.
America somehow has always produced great leaders in good times and in time of great turmoil, and Rush is the latest in that line.
God Bless Rush!
You’re an attorney, she may need you. Money Market Funds have regulations detailing what kind of investments they can have, and it looks like Lehman may not have been credit-worthy enough to be in that portfolio.
I’ve mostly only practiced criminal law AlohaGuy. I am rapidly trying to educate myself. I have always worked for the state or major firms, and have been very conservative with my investment and retirement options. I’ve never thought something like this could happen because of my being naive and ignorant. It blows me away that you can work hard in a free-market society and put your money in a banking institution only to see it all wiped away by my government. This is scary stuff and a real eye opener.
Wareagle82….that’s why we need to keep the government out as much as possible. I think it was in 2003 when hearings were held to try and fix this problem way before it got out of hand, yet quite a few liberal reps like barney frank defended the shady goings-on at fannie mae. They defended Mr. Raines, who made huge amounts of money for running fm into the dirt..and even now is one of obummers’ chief advisors. Fannie Mae, like other companies, threw large amounts of campaign contributions around, especially to obama, and how is it that MSM doesn’t see the link between companies on the take and politicians on the take? I can’t think of a single program the government has ever successfully managed, yet people like jeanie now want 1.3 trillion, not 700 billion, thrown right back at the people that screwed it up in the first place! I swear, if we knew of a firefighter that was really bad at fighting fires, would we promote him and give him more responsibillity? I get healthcare through the veterans maladministration, and the government doesn’t run that very well either, though they do manage to waste a lot of money on really inept doctors and facillities. In spite of all that, it was jeanie with the investment portfolio…if she feels she was screwed by a company, there is legal recourse, and if she isn’t happy with her elected officials, she can use her vote how she sees fit, but that was her money invested, her money lost, and therefore her problem.
Good. Grief. Really. Get over yourself already. I feel like I’m having yet another conversation trying to calm down my 64-year-old mother. She too likes to lecture me about the evils of the rich and how they’re out to screw the middle class. I haven’t spoken to her in quite a while over that one. I used to think that the young were petulant children. I was wrong. The older folks can get that way too.
I’m 33 so you can use or lose my perspecitive if you like. Why the hell did you have an inadequate pension? If you want people to understand let’s start here with some transparency on your part. How are you supplementing that income? How can you be nearly wiped out? Were you investing in risky investments? Were you diversified enough? You don’t have to be my age to know that if you want to ride out the market you’re going to need to be diversified.
My estimation is that you’re not a stalwart conservative. You blow with the shifting, prevailing winds- like my mother. It’s convenient to be a true conservative (like any ideology) in the easy times but when times get tough you sell out your “principles” for a bag of cash, a house, or a comfortable retirement. I’m seeing the same thing with my mother right now.
If you weren’t prepared for the turbulent economic times then that’s your fault. My husband and I aren’t well off by any means. We have different investment vehicles right now that are diversified so we shouldn’t lose too much. My husband is in the military and I’ve worked as both a teacher and as an admin assistant and know what it’s like to have to adjust to changing economic times.
I wasn’t born yesterday either. Your little spiel is just a copout. I grew up in a college town and believe me, I’m well acquainted with the implacability of the left. Are you? Are you falling for their scaremongering too?
I think the problem lies in the fact that many Americans like you would rather trade your freedom for a piece of gold. I guess even ignoble people like you have to look out for your own self-interest. However selfish you accuse those of us who don’t want more socialism in our lives you’re much worse.
You just think freedom has a price and you’ve already sold yourself out. And that’s sad even at your age.
I’m certainly not ranting against republicans here, but I’m sure that wasn’t your point. You can lose all of your money if you place it into any type of American banking institution. That’s not something you think about until something like this happens. My great-grandparents, survivors of the Great Depression, kept tens of thousands of dollars under their bed in a metal box. They simply didn’t use banks.(To all of the IRS agents reading, they’re dead) I always thought that this was nuts, but I understand the mentality now. It’s a scary situation when you simply can’t trust banking institutions to protect your money beyond 100K in some situations. I can’t speak for Jeanie, but she may be pretty freaked out. This crash didn’t affect some people, and hopefully it won’t. However, some people have been hit hard in the past week. The situatioin just changes the thought processes for me and some others affected.
Oh well, I’m off to unpack and go to bed.
People have definitely been hit hard, no doubt. Selling low is a bad idea, and supporting a payroll with risky investments is also not very wise. Hopefully it will change the thought processes of those who did this so that they will not make unwise investments to support daily needs and necessities like paying their employees.
Good night, all.
I know a political party that is just dying to sign you up…then use you to get what they want…then dump on you…then call you up again in 4 more years to get your vote…then dump on you again…then call on you in 4 more years…
Get the idea yet?
His wealth doesn’t nullify what he has to say about freedom and individualism. As for politicians who want to give themselves the power to make your money “secure,” realize that such a level of power can enable them to take your money away, on a scale far greater than they do presently.
At the GOP headquarters in my area many people are stopping by to pick up yard signage, but you cannot pay anyone to take a Fred Upton sign. Maybe I’ll grab them up to use as drop clothes the next time I do some painting.
God bless the anti-bailout Republicans? I would have sworn I left that comment somewhere [here?] last Monday. Guess Rush is following my lead. Again! /sarc
People who went through it were often scarred for life. Getting late in the day for a details, but diversify, t-bills for safety, gold for disaster, don’t buy a house in a housing bubble..others here will have even better advice than I do.
A great book is Charles MacKay’s “Extraordinary Popular Delusions and the Madness of Crowds”. Probably out of print but in any major library. $64,000 for a Tulip Bulb? South Seas Adventures so secret they couldn’t tell you what they were - but you could invest? People fell for a lot of these things. It would have helped a lot of people avoid the housing bubble.
Anyway, I’m off…
waaaaaaaaah.
could you please refer me to the section of the Constitution that provides an economic guarantee for my investments??
and can you explain this “usefulness”??
i’d rather live on the streets then another failed socialist experiment and thats where we are heading…..just how long before mortgages are replaced by government owned housing leases??
your liberty is not worth your 401k balance.
Aloha Guy said:
This crisis wasn’t caused by the madness of crowds, though. It was caused by the venality, corruption, and hubris of government, primarily as foisted upon us by Democrats.
Speaking of shysters, why is it that Franklin Raines was fired nearly four years ago and neither he nor any of his co-conspirators have been so much as investigated? They personally stole tens of millions of dollars through fraudlulent bookkeeping practices that drove up the size of their bonuses. The bunch of them should have been tried, convicted, and sentenced to long stays at the penitentiary by now.
I am very proud of my Rep. Ed Royce of CA for not voting for the bail out.
I nearly had a conniption when I saw “Mike Rogers” on the list, but then saw he was from Alabama and not Michigan. So, my Rep voted against it.
Yes, I’m glad Repubs are showing some guts, but I feel a bit pessimistic at how McCain’s people aren’t taking the offensive (i.e. “playing nice.” His meek handlers ought be fired and get some pit-bull types in there! Let Palin go at it! We’re staring at indelible massive social programs forever in the face here that will make any bail-out look a picnic!
James Greenidge
A Thompson man forced to vote McCain.
When I see Obama’s cheering supporters I ask myself; Do they hate George Bush (i.e. all Republicans) THAT much??
Hey, it’s the “All About Jeannie” thread!
Let me grab my hankies… I can use a good cry.
Sorry Michelle - I passed along a note to David Dreier, my congresscritter, to go for it. Voting for this pile of crap is by far less stinky than the pile of crap we’ll get if we try to prevent its passage.
Ask yourself a careful question, “Why did Pelosi intentionally torpedo passage of the bill?” I assure you it was not because she had the best interests of the nation in mind. Her intention was to kill this compromise and force passage of her version of it with all the support for ACORN and other nonsense put back into it.
You’ve been watching closer than I have. I’ve been watching decades longer than you have. I’ve seen this sort of move on Pelosi’s part before. I admire Pelosi’s skill in manipulating the situation almost as much as I deplore her morals, ethics, and willingness to sacrifice the people of the United States of America before the alter of Democratic Party Power.
{^_^}
I just called Eric Cantor’s office (my congressman) and told them I disagreed with his vote. Not that my opinion matters much, he still voted for a bill that is getting disapproval from the people at a 10 to 1 rate! This is what happens when your congressman becomes part of leadership, they put party over principles.
And I hope he out playing golf this morning too. The one, the only, good thing about the Arkansas white trash is when he slammed El Rushbo I finally tuned in and became a ditto head, thank you. I now have a dedicated EIB radio
On September 30th, 2008 at 6:43 pm, jeanie said:
Good Lord!!! There are those of us too old to get a job even if we could, who are forced to use the market to supplement inadquate pensions because all other venues simple do not pay enough,
Jeannie, I hear what you are saying, but how exactly are you “forced” to use the market? I’m certaninly not rich, but have had to adapt my lifestyle to the changing times and be creative in using my resources and diversifying where my money is invested. I’m afraid you are only “forced” by your own contraints.
yo jeannie; do you really believe social security medicare and medicaid will be around 5 to 10 years from now. lol. obama will institute national health care which will explode the budget so fast, it will make this debacle look like nothing. who are we going to tax to pay for all this social welfare engineering? you going to buck up 75% of your earnings to bail your brothers out? when russia went belly up, who suffered? the old who believed in government promises of a free lunch. what happened to the entrepeneurs, they left and went to europe and the u.s. and became the russian mafia, and the politburo stayed in russia and confiscated any businesses which actually could make a profit and sold the russian military off to the highest bidder. which group do you belong to? look back in history to see your future.