Liveblogging Crap Sandwich 2.0: The House bailout debate; Update: SWALLOWED, 263-171
Scroll down for updates…11:44am Eastern Flip-flop count = 2 3 4 (R’s: Wamp, Biggert, Coble, Barrett) 5 (D: Edwards) 18 (see below for full list as of 12:29pm Eastern)…and make sure you scroll down for Maxine Waters’ remarks bragging about the unprecedented loan modification and mortgage-meddling provisions in this crap sandwich: “We’re in charge!”…exactly how we got into this mess in the first place…We’re Screwed…current YEA count is 223…1:07pm Eastern. Call for recorded vote…1:26pm Eastern…applause on the floor as they secure the votes…263-171…
Here we are again. I hope you’ve been dialing your congressional reps. The gun is at our heads. This is it. The vote is expected at 12:30pm Eastern. (Update: First, the email system crashes. Now, you can’t get through the House phone system: “All circuits are busy.”)
10:45am Eastern. First up on the floor: Race card-hustling corruptocrat Charlie Rangel, who embodies so much of why we are where we are today.
He just said “We have a gun to our head.”
No, we have a gun to our head — and you are going to pull it.
10:50am Eastern. House GOP whip Roy Blunt is heralding all the add-ons and bribes and sugar on top of Crap Sandwich 2.0.
You will eat it and you will not complain!
Blunt’s championing the “transparency” in the bill.
How about being transparent and telling us who requested each of the earmarks piled onto this behemoth?
Let’s have it.
10:56am Eastern. Oh, no. It’s crazy Pete Stark. But he’s saying some sane things. “Is there a crisis? There is, but not for the average American who has been working, paying his bills. No crisis for responsible community banks. There’s a rush to judgment.” Slips in some anti-war ranting. But otherwise, spot out.
11:00am Eastern. GOP Rep. Howard Coble will swallow CS2.0. So will Democrat Rep. Richard Neal and GOP Rep. Dave Camp. And Democrat Rep. John Tanner. Tanner complains about how the Senate handled the package. But he’s going to vote for it, anyway.
GOP Rep. Devin Nunes is my new hero. He says the American people do not accept the threat that there are only two choices: Pass the bill or face a depression. There are other alternatives.
Nunes assails the House for reacting to panic. Why do we need to give $700 billion to one man? If Paulson wants to run a hedge fund, go back to Wall Street? I urge a no vote.
YES! I’m going to try and get his prepared remarks.
Here’s his website and statement. He’s posted this:
A group of Republican lawmakers re-iterated their opposition to the Paulson bailout plan in a letter to Congressional leaders today.
“We hope that you will join us on behalf of the American taxpayer in sending the Treasury Secretary a strong message that his unfair $700 billion bailout plan is a non-starter with the American people,” said the lawmakers.
In place of the $700 billion Wall Street bailout, the lawmakers are seeking reforms that protect the American taxpayer while shoring up our nation’s financial institutions. A core part of the alternative plan would enable the Federal Reserve to spend up to $250 billion using a preferred equity with warrants arrangement. Many provisions of the current package would also be retained, including an increase in FDIC insurance.
11:13am Eastern. Ugh. GOP Rep. Zach Wamp is in full Chicken Little. Announces he’s a flip-flopper, but iit’s an act of patriotism. More cost of doing nothing is worse than doing something rhetoric. “Things are really bad! We don’t have a choice!”
Henny Penny Democrat John Lewis: “We must do something! We must do something!”
Democrat Ron King for the bill: “They’re holding a gun to our head.” But he’s going to help pull it. Praises the transparency.
I repeat: Let’s have transparent naming of who stuffed each and every earmark in the bill.
11:21am Eastern. Democrat Rep. Brad Sherman is on the floor. I can’t possibly describe the problems with this bill in one minute. They’ve added special tax breaks for those who import arrows and rum. This is the pork-laden, earmark-laden Wall Street bill. Will buy toxic assets here and Riyadh and Beijing. It is a bill that provides for an oversight board that critiques but cannot stop anything.
Vote no now and stay here and write a better bill.
RIGHT ON. Let’s see more House Republicans saying this.
Sigh: GOP Rep. Jim McCrery defends tying the bailout to the tax extenders.
Goosey Loosey Democrat Rep. Joe Crowley: “We don’t have time” to deliberate!
11:25am Eastern. Barney Frank is on the floor. He’s going to colloquy with fence-sitters. He’s pushing the foreclosure prevention measures and mortgage meddling provisions.
This is very important, people. As I mentioned in my dissection of the Senate CS2.0:
ection 110 is the Democrat-backed “Assistance to homeowners” plan — driven by one of the bill’s key stated goals of “preserving homeownership.”
GENERAL.—To the extent that the Federal property manager holds, owns, or controls mortgages, mortgage backed securities, and other assets ecured by residential real estate, including multifamily housing, the Federal property manager shall implement a plan that seeks to maximize assistance for homeowners and use its authority to encourage the servicers of the underlying mortgages, and considering net present value to the taxpayer, to take advantage of the HOPE for Homeowners Program under section 257 of the National Housing Act or other available programs to minimize foreclosures.
(2) MODIFICATIONS.—In the case of a residential mortgage loan, modifications made under paragraph (1) may include—
(A) reduction in interest rates;
(B) reduction of loan principal; and
(C) other similar modifications.
Yes, in the quest to “preserve homeownership” at all costs, it appears the government will be determining the value of homes directly in the marketplace — not only reducing interest rates but also loan principal.
Reader Robert calls attention to another micro-meddling section:
SEC. 124. HOPE FOR HOMEOWNERS AMENDMENTS. Section 257 of the National Housing Act (12 U.S.C. 1715z-23) is amended—
(1) in subsection (e)—
(A) in paragraph (1)(B), by inserting before ‘‘a ratio’’ the following: ‘‘, or thereafter is likely to have, due to the terms of the mortgage being reset,’’;
(B) in paragraph (2)(B), by inserting before the period at the end ‘‘(or such higher percentage as the Board determines, in the discretion of the Board)’’;
(C) in paragraph (4)(A)—
(i) in the first sentence, by inserting after ‘‘insured loan’’ the following: ‘‘and
any payments made under this paragraph,’’; and(ii) by adding at the end the following: ‘‘Such actions may include making payments, which shall be accepted as payment in full of all indebtedness under the eligible mortgage, to any holder of an ex6
isting subordinate mortgage, in lieu of any future appreciation payments authorized under subparagraph (B).’’Robert asks: “Is this about renegotiating mortgage rates of existing mortgages? Did I just get screwed for paying a point to lock in 5% fixed rate when my %^&*# neighbor went with no points adjustable rate? How the hell is this fair? I want his new rate and MY POINT BACK!”
11:30am Eastern. GOP Rep. Gresham Barrett plays Cockey Lockey. “We have to act! We have to act now!” He will swallow CS2.0. He’s a flipper.
So will GOP Rep. Tom Cole.
11:33am Eastern. Democrat Rep. Zoe Lofgren is reading Arnold Schwarnegger’s $7 billion loan demand letter.
The sky is falling! The sky is falling!
Lofgren says that California will fall apart unless the bailout passes.
Prediction: If CS2.0 passes, California will still come begging for a bailout.
GOP Rep. Jeb Hensarling opposes the bill. House conservatives have worked hard on alternatives. There are improvements, but I still have many fears. No one knows if this will work. No one knows the true amount of liability. I fear this is more of a bailout than a workout. It rewards bad behavior and punishes the good. How can we have capitalism on the way up and socialism on the way down? If we lose the ability to fail, we will lose the ability to succeed. How can government bail out some and not others? Slippery slope to socialism. I will vote again no. There is a better way.
THANK YOU!
Here’s his full statement:
“I come to the floor with an odd combination of resignation, relief, doubt, hope, and fear. I was surprised when the House version failed on Monday – and I will be even more surprised if the Senate version fails today. Thus, I am resigned. But with that resignation also comes some measure of relief that at least some plan to deal with the national crisis at hand.
“As I and other House conservatives have said from the beginning – inaction is not an option. The crisis on Wall Street is inflicting Main Street, even as we speak. There is panic in our credit markets, which are freezing up. They need calm and they need capital. As much as it pains our principles, most House conservatives conclude that some temporary form of the full faith and credit of the United States is necessary to address the crisis. We understand without action, many of our fellow citizens may find themselves laid off from their jobs, unable to refinance their homes, or perhaps find their credit card limits curtailed as they attempt to buy food or medicine.
“House conservatives worked tirelessly to put forth a number of different plans, ideas and legislation to remedy the crisis. On their behalf, I take great pride in the role that we played and the role our Republican House Leadership played in improving the legislation before us. Thanks to our efforts, there is greater accountability in this legislation. The insurance workout model of Mr. Eric Cantor and Mr. Paul Ryan now has an opportunity to work. Executives of troubled firms seeking money from taxpayers will have their compensation limited. There is greater opportunity for taxpayer upside, mark-to-market rules are now in revision, and FDIC limits have been increased. These are all Republican improvements that we sought to achieve. Not only do I want to thank House conservatives, I want to acknowledge and thank many of my Democrat colleagues with whom we found common ground on a number of these issues and with whom we were able to work in concert.
“Let me now speak to my hopes and fears. No one truly knows if this plan will work. We all hope it does. No one knows the true amount of taxpayer exposure. Treasury could spend $700 billion in no time flat and come right back to Congress for $700 billion more. Some believe the taxpayer will actually make money in the deal and I hope that proves true. But history as my guide, I have strong fears it will not. And at what point do we finally bailout the American taxpayer from the unconscionable burden he or she faces from out of control Washington spending?
“I fear that the legislation before us still remains more of a bailout than a work out. I fear it undermines the ethic of personal responsibility. I fear that it rewards bad behavior and punishes good. But my greatest fear is that it changes the role of the federal government in our free market economy, which despite its current problems, remains the envy of the world. How can we have capitalism on the way up and socialism on the way down? If we lose our ability to fail will we not in turn lose our ability to succeed? If Congress bails out some firms and sectors, how can it say no to others?
“We must be very careful as we address this financial crisis to ensure that any short-term gain does not come at the cost of even greater long-term pain – that being the slippery slope to socialism. The thought of my children growing up in America with less freedom and less opportunity is a long-term pain I cannot bear. Therefore, I will again vote ‘no’ on this legislation. And as I told my colleagues before the last vote, when I cast my ‘no’ vote, I will cast it with some doubt.
“Some conservatives will support this legislation because they feel it is the last opportunity to address the crisis. They may be right. Some conservatives will support this legislation because they view it as the lesser of two evils. They may be right. Principled conservatives may conclude differently than me, and I respect each and every one of them. We have all struggled to do our duty and cast the vote we believe to be right. If by chance this legislation fails, House conservatives stand ready to immediately offer alternatives and negotiate a workable, bipartisan solution. If it passes, we stand ready to help make it work and pray that our hopes are realized and our fears are not.
“Our fight for freedom and opportunity continues.”
Frank snarks that Bush will lead us down the road to socialism.
Well, yeah, he has. It’s no laughing matter, Barney.
11:39am Eastern. GOP Rep. Judy Biggert is on the floor. She voted no on Monday. She says there are still many changes she would like to see. “It’s not the best package…but it can move through in time…the clock is ticking…the time for seeking better options has run out.” She officially announces her flip-flop.
Flip-flop count is now at two: Zach Wamp and Judy Biggert.
Democrat David Scott supports giving Paulson “efficient tools” to purchase toxic assets and prevent foreclosures at all costs. Supports the bill.
Frank adds that he is “working with Paulson” on additional mortgage-meddling authority. These are ongoing negotiations.
We are so screwed.
11:46am Eastern. GOP Rep. Scott Garrett staunchly opposes the bill. So much has been added to get the votes, he notes, it will pass. Garrett warns of ignoring underlying problems. Assails propping up failing enterprises. The social costs are far, far greater than the $700 billion they talk about today.
THANK YOU, Rep. Garrett!
More Chicken Little rhetoric from Democrat Rep. John Dingell, whose automaker constituents are swimming in their $25 billion bailout: “Inaction is not an option!” Dingell again asks Frank, as he did on Monday, if the bill covers auto loans. Yes, it still does. Oh, crikey. Dingell is asking if the Federal Reserve would bailout automakers even more. Frank says yes.
11:51am Eastern. Democrat Rep. Gary Miller: “We can’t do nothing.” He needs to talk to his fellow Calif. Democrat Brad Sherman.
A reader e-mails that the flip-flop count is 3 — Coble’s a flipper, too.
11:54am Eastern. GOP Rep. Chris Shays says the majority of his constituents oppose it, but he’ll support it again. Screw the constituents!
11:58am Eastern. Staunch fiscal conservative GOP Rep. Mike Pence is on the floor. “This we should not do. I urge my colleagues to join me in opposing this bill.”
Thank you, Rep. Pence.
12noon. GOP Rep. Paul Ryan is in full Chicken Little mode. Fear! Fear! This bill will shorten a recession. “Doing nothing is the worst thing we could do!”
Where is my airsickness bag?
Rep. Steve LaTourette had been rumored to be a prospective flipper. No, he’s not! He lambastes the larding up of the bill. Re. the rum earmark: “I guess we have the piratve vote now.” Says shame on the collaborators.
Frank snarks that McCain is one of those people.
Yeah, we know.
GOP Rep. Joe Barton rises against CS2.0. Good. He puts things in perspective: Auto loan rate and LIBOR rates are at what they were a year ago. Fundamentally, we have to address the American economy. “This is not the bill to address the problems…Vote no.”
12:11pm Eastern. Dem Rep. Donna Edwards asks Frank if the $700 billion will be used to prevent foreclosures. Absolutely. Frank says Paulson accepts Frank’s demands.
Oh, crikey.
Edwards is a Democrat flipper.
Flip-flop count: 5.
12:17pm Eastern. I don’t think I’ve ever agreed with Democrat Marcy Kaptur, but I have now: Blasts the rush and says: “Vote for a real deal, not a fast deal.”
GOP Rep. Ginny Brown-Waite still against. Good. “The American people hated this bill at $700 billion. They despise it now at $850 billion.”
12:20pm Eastern. Ron Paul is on the floor blasting more debt, more appropriations, more spending, more credit in the market. That is what caused the problem. Ron Paul is right. There I said it.
12:23pm Eastern. Airsickness bag overflowing. Maxine Waters is touting the mortgage-meddling and loan modification: “We’re in charge!” “We own them now!” “We will provide loan guarantees.”
Current official flip-flop count update (thanks to Andy Roth and Wesley Denton for added names):
Democrats
Shelley Berkley (NV-01)
Emanuel Cleaver (MO-05)
John Lewis (GA-05)
Hilda Solis (CA-32)
Donna Edwards (MD-04)
Jesse Jackson Jr. (IL-02)
Bill Pascrell (NJ-08)
Republican
Gresham Barrett (SC-03)
Howard Coble (NC-06)
Jim Gerlach (PA-06)
Tim Murphy (PA-18)
Jim Ramstad (MN-03)
Ileana Ros-Lehtinen (FL-18)
John Shadegg (AZ-03)
Lee Terry (NE-02)
Patrick Tiberi (OH-12)
Zach Wamp (TN-03)
Judy Biggert (IL-13)
That’s 223 YEA votes.
GOP Rep. Spencer Bachus opposes [SUPPORTS] the bill. I do believe I heard him say he’s voting for it because he doesn’t want to risk a decline towards socialism.
What the…?!?!?
Democrat. Rep. James Clyburn supports. GOP Rep. Chip Pickering comes to the floor. This is his last vote. I came when communism in the Soviet Union collapsed.
He’s going to vote for the free-market system…by voting FOR this monstrosity.
What the…?!?!?!
Dem Majority Leader Steny Hoyer is droning on, citing anecdotal credit crunch stories, drone, drone, drone. He’s citing the Australian PM to justify voting for CS2.0. Blah blah blah. He gets an ovation. Which is surprising to me. I thought he must have lulled everyone to sleep.
12:51pm Eastern. Well, look who’s up. It’s the original Crap Sandwich Swallower himself, John Boehner.
He says he prays to God so he will feel better about his vote. “In God We Trust.” “Because we’re gonna need his help.”
If he just did the right thing, he wouldn’t have to pray to make his soul feel better.
Gad.
12:57pm Eastern. Nancy Pelosi. Ugh. Now, she’s Arnold Schwarzenegger’s best friend. She cites other governors crying “Catastrophe.”
Great. After this bailout passes, as I observed earlier this morning, they’ll all be lining up for more.
Let’s she if she starts snarling like she did on Monday.
1:00pm Eastern. She’s all about the bipartisanship now. Praising Spencer Bachus.
“The party is over.”
No. For every bailout beggar, the party has only just begun.
She exults over the mental health parity add-on.
Speaking of add-ons: GREEN ALERT: MSM Ignores Hidden Carbon Tax Provisions in Paulson’s Bailout 2.0
Pelosi is railing against regulators as the cause of the problem.
The Big Lie: “We hope it will pay for itself, but if it doesn’t, the fees will be there to cover it.”
Heaping load of you-know-what.
She gets an ovation.
1:07pm Eastern. All time for debate has expired.
1:22pm Eastern. There’s an outburst of applause on the floor as the YEA count reaches 222, 223…
1:27pm Eastern. Oh, gross. They swallowed the Crap Sandwich and they’re applauding themselves.
263-171.
I’ll get a roll call vote up when it’s available.
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nancy obviously doesn’t have the votes yet, or she would have voted and gaveled by now. only congress can think that when people hate a 700b bill because it saddles the future with an unpayable bill, that if they add some more pork to that it will pass. throw them all out and start looking for more main street morons like sarah to run this ship, these ivy league elitists sure as hell can’t do it.
Not sure how you’re deciding how to count, but AP reported yesterday that Cleaver (D, MO – Kansas City) was probably going to switch from NAY to AYE
http://news.yahoo.com/s/ap/20081002/ap_on_bi_ge/financial_meltdown
Dead on, aj.
Arnold smells fear on the table
and doubles down that California gets the prime cut of that 700 Billion!
Gamesman-ship over Statesman-ship
I know Michelle, I sat there watching thinking…man I can’t believe I’m saying this but Ron Paul so on point…I must be crazy. hehe
On October 3rd, 2008 at 12:26 pm, Pulchritudinous Patriot said:
Indeed.
Ms. “Socialize the oil industry”.
You think this bill is bad? It ain’t over yet.
If we don’t get serious about fighting Democratic Socialist Communists, and their Islamic Jihad allies, they will do away with our Constitution and our Republic.
This is that serious, and the representatives who are “reluctantly” voting yes today, “for the country”, don’t understand how they themselves are helping to kill it.
Slavery was SUCH a mistake!
Shadegg switched? Why?
Well there goes Baucus…
I’ll tell you what folks, these gutless flip-floppers can wring their hands and behave as though they’re acting against their “better judgment,” but make no mistake… They are telling us in no uncertain terms that we are ignorant to the problem, that they know better than we do, and that what we think doesn’t matter. Their phony fear trumps our good sense. This is how you say “Go to Hell, Taxpayer!”
Well, you know what? Right back at ‘em!!! I will actively campaign against any flip-flopper who goes from NAY to YEA, and I will doubly oppose anyone stupid enough to vote YEA twice.
I will not sit still for this. Governor Palin is right… we have a responsibility to make sure that we are never taken advantage of again!
Congressman Sensenbrenner’s office just assured me that he will NOT be changing his vote! Yay!
Heather is he up for re-election?
This is so evil.
The Demoncratic Socialist Communists created the problem, are now getting what they want, and are laughing as they blame it on Bush and Republicans.
Yeah, what the huh? bachus???/
He has it bassackwards….
Well, I’m adding to my food and essentials stockpile. I’m doing it on the way home today.
Then I’m going to have a bottle of wine and journal about the day our fearless leaders set us more firmly on the path to socialism.
This is a day I never thought I’d live to see. It makes me sad. It makes me wonder why I even bother to work hard, as a single mom, to support my kids. I mean what’s the point?
The government is going to take it all from me, anyway.
and this suprises anyone? We’ll just take our toys and go home. Visual picture of a bunch of dejected, downtrodden head hanging, “warriors” dragging our plastic swords and “wooden arrows” behind us…
Say goodbye to your Republic, Welcome to the United Socialist States of America! USSA! USSA! We’re #??????
is Pelosi Galore going to speak again?
Paging San Fran Nan….. lmao.
We are So Screwed.
Misscheryl, don’t forget the Rum…
Like I said the other day, I give up. I give up on the federal government ever gets its *&%$ together. I give up on the Republican party ever again being the home of conservatives. I give up on John McCain ever displaying any semblance of conservatism. I give up on arguing against our descent into socialism. I quit. I’m done.
that money was for export only AJ…even though we’re the ones that need it! Swrewed again my friend.
Miss Cheryl, I have been on winning side of battles and the losing side of battles.
I always temper myself and those around me to stay focused and remove emotion.
Losing a battle, heowever important does not in any way dissuade me from fighting the next issue.
Often it serves to better prepare me for the next struggle.
This one is not yet won nor lost.
I never thought, in my wildest dreams, that I would agree with Ron Paul of all people. He may be out there in other respects, but he speaks to the real character behind this bailout. It’s a feel good maneuver that won’t solve anything.
How did it come to this? That the only thing that this country survives on is debt and credit? How? Didn’t we learn anything from the early consumer era of the late Victorian era? Credit can’t stop the bleeding of a business, or a homeowner going under. What is going on here?
If anything, this whole situation makes me more committed than ever to get out of debt. We’re almost out of debt on our credit card and I’ll have my student loan paid off soon. We have a car loan that should be paid off in a couple of years.
I think it’s time for the Ebenezer Scrooges to take over and take the damn pacifiers from the freebers of our society. This plan goes against everything I believe in and I’m not supporting it. If there are no provisions for reform, restructuring, and punishment what the hell good will it do? Not much.
git a rope!
The construction cost of a basic house is $100 per square foot plus land. Places like Capistrono California have lost 60% of there value. All of the loss is land value. Leave the market alone and a balance will be found. The bailout will only prop up an artificial market.
Credit is tight! Can’t get a car loan! Maybe it’s because the banks are back to their standards of processing loan applications based on credit worthiness of the applicant. If the banks are such in bad shape, how come WaMu and Wachovia found a white knight from the private sector? This bailout is just a poor excuse by Congress to load up those pork barrels with their favorite earmarks, and all under the guise of providing financial stability in the market!! NO to bailouts, I mean, corporate welfare.
Let’s vote for Obama – he’s going to give us a tax break right? Yeah and he has a bridge to no where for sale.
I can’t believe this crap is even legal in my Country or the one I thought I knew.
My family takes out a loan for a house we could afford and we have to keep paying as usual. But now, those that took out loans they can’t afford get renegotiated loans and new prices for their homes? What the %$#P)%#?
All house seats are up…thats why they’re rushing this through. Need to go hame and buy some votes with the 850 billion.
Hey Congress: I may very well be out of work myself on 10/31 yet I staunchly oppose this garbage. This is America. I paid for my own undergrad. I paid for my own MBA. I will overcome any challenges. I wouldn’t accept your buyout of my mortgage if you wanted me to. I will not accept socialism here. I will work. I will succeed. I am an American. I vote. Every election. I know who you are. Those of you who loaded this bill with earmarks have been weighed in the balance and are found wanting.
MAJOR TURNOVER IN THE HOUSE IN NOVEMBER. WE CAN DO IT.
Yes…Ron Paul is looking better and better.
If Michael McCaul votes yes, I will vote for his opponent.
Cosmo
Amen!
Fiscally Ron Paul is often right.
It is the other parts of Ron Paul which are troubling. Very troubling.
Question for those in the know. Is there any way this can be challenged in court, if it passes, on constitutional grounds? I don’t remember the constitution giving the gov’t the power to manage the free market economy. Why not use the same tactics Libs have been using for years to get what they want. At a minimum, it could tie it up for a few months.
Please don’t pass CS2.0 (love the name given to this; at least that’s making me laugh today).
And for sky is falling crowd, there are loans to be had. Just two weeks ago I got a car loan, so it can be done!
On October 3rd, 2008 at 12:54 pm, Weary Citizen said:
I was wondering the same thing but I have not been able to get an answer to that.
I have one question for Congress: if you don’t even know if this money sucker will work, why pass it without the very structural reforms that gets rid of the offenders?
1. Fannie Mae
2. Freddie Mac
3. FHA
4. HUDD
5. Mark To Market
6. Mandatory loans to unqualified recipients
Where are our REAL representatives? The ones who actually didn’t profit from this debacle. Where are the economists? Does anybody care about this?
Nancy Pelosi is commending her Coven.
There’s a bunch of lawyers at volokh.com who could tell you.
My guess is that the idiot courts would say that we don’t even have any standing.
I am in Texas who ever votes for this Yea, I WILL Vote for their rival. I don’t CARE what other good bills they have passed. IF they are going to carry George W Bush’s water, they can deal with the hole in the bottom of their buckets.
If Ron Paul was not a “troofer” I would think about him.
Debate! Debate!!! I guess I really don’t know what the word “debate” means. I need to get one of them there congressional bs to english dictionaries.
Nancy: “The taxpayer will remain whole”
WHAT?!
I got preapproved three weeks ago, and they called me last to see if I was coming along on finding a vehicle. She was hoping to write it before month end.
Of course, I bank with a local, responsible, friendly outfit.
I suggest we rename this legislation to the
“Paul Wellstone, Rehab for the Image Makeover of Barney Frank and Maxine Waters Memorial Crap-Sandwich”
Everyone of these idiots that vote for this boondoggle better be watching their backsides when it fails or when they come asking for MORE, MORE and MORE! There’s an election in one month and anyone who votes for this should be thrown out on their ear especially John Boehner who made me physically ill as I listened to him. What a complete sellout! The Republicans are such wimps!
Finally someone hit the nail on the head. Our Federal government has bastardized the constitution for 100 years. Why should they stop now?
I truly despise Congress and this administration.
I don’t know how much more of their elitist governing I can take.
Hell, why not give us the $700 billion for this mess, with the provision that it be used to pay of mortgages/loans/credit card debt, and a provision for the Feds to allow Wall Street business to either fail or have other business buy them out? I know what I would do with my cut of the money…I don’t know what Wall Street/Feds would do with it…
I don’t think his leadership skills are strong enough anyway.
He’s not actually a truther, but they do freaking seem to love him. What I don’t get is why he keeps making appearances on the media outlets that feed them.
They should put him in Paulson’s spot, or Bernanke’s. Keep him busy with fiscal policy, and away from foreign policy.
7. Barney Frank
8. Christopher Dodd
funny, according to rasmussen reports:
59% Agree With Ronald Reagan—Government Is The Problem
63% Say Wall Street, Not Taxpayers, Will Benefit From Bailout Plan
Ugh :/
I don’t think there is anyone challenging Melancon.
Connect the dots.
I’m with you… I’ve had enough. These gutless shills have gone native and are utterly corrupt, and their touchy-feely decision making and ‘me, me, me’ attitude towards their jobs are destroying America.
The Founders are looking down upon us, and weeping.
Shadegg flipped. What IS it with Republicans from Arizona? It’s like a South-West version of New Jersey.
This is THE vote going down right now?
REVOLUTION NOW
VOTE THE BASTARDS OUT
CantCureStupid Do you know if there is anyone challenging Melancon?
On October 3rd, 2008 at 1:08 pm, Last Massachusetts Conservative said:
9. Barack Obama
10. Harry Reid
11. Nancy Pelosi
12. Maxine Waters
I joined a credit union and was preapproved within seconds. One week later I had my brand new car.
Holy Mother of all insults. We are so screwed. They are going to tax the air we breathe and there is nothing we can do about it now.
And we’re going to sit back and not do anything about it.
Tomorrow we wake up as serfs.
What can we do?
Would the last American PLEASE bring the flag………….
familyman you are correct, the price of construction on a very nice house is 100- 125 dollars per square foot, so with a 2000 square foot house you would expect $200,000 – $250,000 plus land. the problem in the west and the south is that they have inflated their houses to 200 – 400 dollars per square foot plus land. look at how much a 1400 square foot home on a postage stamp yard is in las vegas area. google it and you have hundreds of pages of real estate for sale by californians who spent 250 dollars per square. 1400 square feet plus 1/4 acre of desert should cost no more than $140,000. the problem is they want $200,000 plus for these crackerboxes. sell it for what the market will pay, and you have no crisis. same in caleefornia, flahda, and heavens waiting room, phoenix.
Did you miss the first debate where he told Rudy that it was not terrorists that flew planes into the WTC buildings but 19 thugs? If that is not troofer talk, I don’t know what is.
What country has the world’s largest oil reserves?
The U.S.A.!
October 1st should have been a victory (Energy Freedom Day).
Instead, McCain helped turn it into a defeat by voting for this bailout, which just so happens to put huge new taxes on the oil industry.
Accessing our own oil is a huge part of the answer to our economic struggles.
But this craptastic Socialist bill makes sure that the drilling which is no longer banned is now taxed into submission.
No, the useless weasel is running unopposed. I’m still not voting for him. I’ll write in my dog if I can.
In two years, I will make sure that he has an opponent, even if the opponent ends up being me.
Those who voted Yea will pay the price with their jobs in Gov’t.
I’d preface that with “When it fails…” but the stark reality of this situation is that when “Nothing Happens”, Pelosi and Reid will take credit… for nothing.
Any you know what? Should the economy take a dive anyway? They won’t say “we made a mistake. This was the wrong plan.” They’ll say, “Those that blocked and limited the bill didn’t let us go far enough. So now we propose Crap Sandwich 3.0!!!”
Check please?
Sir…. that will be $2 Trillion .. Thanks for dining with us.
I’m with you Mookie. I was hoping perhaps these morons could give my husband and I a little something something to pay off our car loan, perhaps buy a house, oh and even help me get certified to teach elementary education.
Yeah, that’s the ticket. C’mon, Congress give me some!
I believe it’s technically illegal to talk about the one thing that crosses my mind, and it has nothing to do with weapons. Think Wesley Snipes.
I didn’t think so. Let me know I will do what I can to get this idiot out of office.
What about the race between Landrieu and Kennedy? I don’t know anything about Kennedy.
It’s past the point of no return it seems..
I’m sitting here watching some CSPAN, and I love that some of these congress critters are in the background laughing as they serve up a big heap of crap sandwitch that they themselves won’t be paying for. Just everyone else.
Bastards
Many of us have come to understand the Democrats are masters of projection: they blame Republicans for that which they themselves are responsible.
Since some recent comments mention “truthers”, apply that projection logic to them.
I have had over 1000 views to the following post, and not a single viewer has refuted a single one of the demonstrably true “TRUTH” statements:
A Different “9/11 Truth”
It has passed, not officially but it reached that magic number. I am pissed and ready to overturn the tables of these corrupt so-call Representatives.
Same thought here MarcoPolo
There’s an outburst of expletives in my cube.
Screw Congress. Screw Bush.
BASTARDS
BASTARDS
BASTARDS
BASTARDS
BASTARDS
BASTARDS
BASTARDS
BASTARDS
BASTARDS
BASTARDS
BASTARDS
BASTARDS
BASTARDS
BASTARDS
BASTARDS
BASTARDS
+1
I’m not sure what to do yet, but as God is my witness, I will find out.
Don’t forget to vote tomorrow.
I’ll be researching this possibility, as well. No taxation without representation, right?
The Founders are looking down upon us, and weeping.
Numbers are there.. even if every Republican said no, it still passes.
God help us all
We can start a taxpayer revolt. It works this way.
If you are a w-2 employee, block all federal withholding. If it makes you feel better, bank the money so if you decide to pay fed taxes later, you can.
If you are self employed, delay your quarterly filings.
If enough people do this, it would severely crimp the political elite’s cash flow and send a loud and clear message.
Okay, now who is in?
Forget about voting. First you have years of public school liberal indoctrination. Then you have the MSM brainwashing people and thinking for them. Even if you can vote the cancer out, once they’re in, they’ve proven time and time again that they don’t and won’t represent our views.
Ok now it’s official. And they were singing bye bye..
They sure looked please with themselves, don’t they?
Neither do I, except that he’s not her. I’m looking into that this weekend, as well.
Gotta keep those research skills sharp for grad school, after all…
ugh.
SHOW THAT VIDEO TO PRESIDENT BUSH!
He is our last line of defense, and maybe if he sees them laughing he’ll realize that the “crisis” was manufactured and isn’t a crisis at all. If it were truly a crisis, they would be somber. They’re not. They’re celebrating a huge win for Socialism.
Today is a party day for the Democratic Socialists.
I will. We are leaving to go to Toledo Bend in the morning but we are voting first.
W.E.G.O.T.S.C.R.E.W.E.D.
and not even kissed…..
God help us.
Watching live share prices.. NYX – NYSE Euronext is dropping fast since it passed.. weird.
McCain could have stopped this by endorsing the House Republican plan earlier in the week but he is such a good friend of Obama that he has lost his credibility.Sheeeeze!
So.. this will be the second prostate exam I had today then..
or is that TMI?
So, when does Bush look at this?