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 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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Trackbacks
- Michelle Malkin » Dear Congress: Put the gun down now
- Webloggin » Why the Senate Should Be Fired for Latest Pork Laden ‘Bailout’
- It’s Boston Tea Party Time Homeowners! « Mcnorman’s Weblog
- The Conservative Revolution » Blog Archive » The House votes on the Wall Street Bailout
- The House Has Spoken | The Daily Conservative
- Sonoran Alliance » The revised bailout bill passed
- We have forgotten. « Scatterin’ O’ the Thoughts
- Bailout Passes 263-171 « Trust, But Verify
- cirefile » Screwed!
- The Other McCain: Bailout passes, 261-171
- silent E speaks - Conservatively Speaking from Western Waukesha County » Toasted Crap Sandwich With Pork…….
- “Son-of-(a)-Bailout” Signed « Gunservatively!
- ridin’ with the king » comrades, welcome to socialism
- Seymour Nuts » Blog Archive » I Feel Like Throwing Up
- Bailout Bill: From Three Pages to 451 « Grand Rants
- Blatant Reality » Blog Archive » Dow Drops Over 450 Points After Passage of Bailout!
- Schwarzenegger To U.S. Congress, Give Me The Money - NOW! | BigMouthFrog
- Kick the Anthill » I don’t want to live
- American Dinosaur
- The New and Improved “New Deal” | shyspeak.net
- Swimming In dangerous Waters II: « Chockblock’s blog
- Bailout or Pulling the Plug? : Defend The West
- Barney Frank & Christopher Dodd “Men With Sphincters Of Steel” | BigMouthFrog
- Bailout Bill to Nowhere: Why we’re still not out of the woods « nn&v
- Bang for Your Buck – Nicholas Fitzgerald
- An Appeal to Reason « The IUSB Vision Weblog
- RED GIRL RISING » Blog Archive » HOUSE PASSES COW PATTY AND TURNCOAT BUSH SIGNS IT
- Michelle Malkin » How ACORN got a piece of the bailout pie
- SansPretense » Thomas Jefferson’s opinion on the financial crisis
- Michelle Malkin » McCain wants to spend $300 billion more to buy up bad mortgages
- Michelle Malkin » Culture of corruption: Banking hypocrite Maxine Waters
- RAP SHEET: Democrat Maxine Waters « FactReal
- Michelle Malkin » An Army of Tax Revolters — and a warning to fair-weather Republicans
- Politicians Crash Madison, WI Tea Party « Patriot Burr
- MILLIONS OF DOLLARS FOR VANITY ROAD SIGNS, SENATOR BARBARA BOXER (D/CA) IDIOTICALLY DEFENDS – suzyrice.com/BIRD
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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?
Wait, is this the actual vote, or the vote they probably need to take to suspend rules to bring it for a vote?
Wife, dogs, and I going to the lake for the weekend. Maybe we won’t come back.
Bush just surpassed Carter as the worst POTUS in history and history will mark this day as the day he did it.
here come more bailouts …and possibly hyperinflation (I don’t see how these bailouts in the long run will not help to increase inflation with the level of “stewardship” I’ve seen this month)
Those who voted in favor will not get my vote, under any condition. Looking forward to the roll call.
Yeah, we are leaving for 8 days and my hubby refused to let me bring my laptop. He thinks I am going to have a stroke.
I didn’t miss any debates. I changed my mind about a lot in the past year.
Ron Paul reached the same conclusion that the 9/11 commission did. http://www.youtube.com/watch?v=AD7dnFDdwu0
I don’t hear the word “thug” in there, anywhere.
Don’t get me wrong. I don’t believe for a minute that if we pulled out of the Middle East unicorns and bunnies would appear. I do think there is a Christian vs Islam war underway, and it is global.
One of Ron Paul’s problems (and there are many) is that he doesn’t communicate in sound bites.
I think he’s spot on about the economy, but I don’t think there’s a chance in Hades that we’ll ever return to any type of a gold standard. No way, no how would the bankers give up all that power.
But speaking of that – wasn’t the switch to our current financial system implemented specifically to avoid these wild swings?
“I’ll see ya at the signing”
-George W. Bush
Wow I could hear Barney’s suck’n air in relief that it passed all the way here in California…..
“I want their names and make them famous”, McCain at presidential debate.
Lets get the names that passed this pork-filled crap sandwhich. Lets make them famous and vote the POS out of office.
VOTE against every sitting congressperson who voted FOR the CS 2.0.
Educate your self and everyone around you. The only way to send these jerks a lesson is to vote them out in mass!!! Write the Editor of your local paper and expose this for what it is–socialism. This is the time to act–tomorrow is too late.
After the election, I am changing my voter affiliation to Independent. I have wanted to do this since last winter. I just have no faith in the Republican party anymore!
Okay if I’m watching Fox correctly, this was only the motion to get the vote on, not a motion to actually pass this.
The DOW is free-falling. What a bunch of idiots we have in Congress…
I’m sick to my stomach right now. America is dying before our very eyes.
The Founders are looking down upon us, and weeping.
Vote them all out!!!!!!!!
The Dow is sinking like the Titanic.
Check out the chart on Marketwatch.
Market Watch
We are completely outnumbered…
I have been Independent since 1976
I am listening to that piece of crap Pelosi and I AM FURIOUS!!!
Not one friggin’ mention of a tax exemption for the use of Vaseline during the Congressional rape of taxpayers.
When the astronauts of Apollo 13 faced certain death the best and the brightest at Mission Control locked themselves in a room with the same tools that our men had and came up with a life-saving plan for those astronauts to bring them home alive.
The point is, are we to believe that the best and the brightest of our nation locked themselves away and all they could come up with to “save” our economy was THIS?!?
I don’t buy that for a second…
This bail out was so great that the stock market seems to be tanking. Yay us. 850+ billion dollars just got flushed down the toliet.
What I would give for a rotten egg and to be standing two feet in front of her.
Elliot Engel, my rep in Rockland County, NY, is another corporate crony. There’s a lot of retirees who vote in that district (including my in-laws) who he’s scared of. He has no clue of what’s going on.
I’m voting this sucker out. Rockland County, like a lot of the nearby counties next door to NYC have gown down the tubes. This guy isn’t watching out for his constituents he’s looking out for his reelection.
Vote all these cowards who voted YEA out. Time to clean house.
Doesn’t matter. Unless there is some kind of clandestine plan to make Peloser look stupid again, CS2.0 will pass, with a big “Up Yours” to the American taxpayer from our elected officials.
Pelosi: “We all believe in the free market.” HA!
Possible hyper-inflation? You can count on it now!
I predict we will see inflation on the increase. That is what tees me off. My wife and I scrimped and saved all these years to ensure we were in good shape if anythign hapens and pay for our children’s college. What fools. SHoudl have borrowed and spent into oblivion. Because that savings will quickly become worth less and less. No other outcoem is possible wiht the gov’t and the Fed pumping trillions $ into the system. Sigh. I hope we get a short term stronger $ so I can start moving assets to Central Europe (my wife’s home area) for the inevitable move coming in the future. This country won’t be suitable to live in 30 years.
We are now a third world country run by thieves!
Calm down people I think that was only a procedural vote, so they could get to the bill and have the ACTUAL vote that it is enacted up or down
Oh wait, crap, that was a motion to adjourn… (face palm)
Too funny! D. Hoyer just said we owe a debt of gratitude to Barney “Gay as the day is long” Frank for what he has done.
That would be the brand new 700 billion dollar debt that we owe to Barney.
Can’t wait for the list – I plan to do all I can to vote these Republican idiots out of office. I’ve already let Sen. Burr know that.
I hope I get another call from Tom Cole with the BAC or the NRCC – I’m going to tell them to kiss my a–.
What a bunch of losers!!
Veretax….I think they are just breaking for lunch and coming back to vote?????
I need a drink to get the taste of crap out of my mouth…..
It’s obvious you guys are in shock.
The vote is over. It’s passed.
Anybody have a bottle of muratic acid?
The liberal crap heads just congratulated Obama for his work on passing the bill.
CRAP
Oh great, extending unemployment benefits too. Buyt hey, at least Michelle Obama’s kids will have wooden arrows to play with now.. whatever the heck that was about.
Anybody checking the Dow? It’s going down after this clunker passed. Down!
I guess the market isn’t as excited about the bailout (ooh, ooh, Clyburn says I’m mischaracterizing the bill) as the Congress thought.
nlebou, shall I research the feasibility of secession, as well? Bobby Jindal is worth a million of these Congressional sellout losers… he’d be a fine President.
Well they are all congratulating Barney Frank, for the great work he’s done .
Politics as usual, no change here. It’s really sickening.
Question:
What do you wash a crap sandwich down
with?
Answer:
50 states coming at you with bailout plans of their own.
etc…etc….etc….
any guesses which construction company will be the first?
Capitalism is closer to death today. All this crap was nothing but an opportunity for the market to correct itself… but noooooooo… socialism reared its head… bastards!….. .. and who pays for it? Those of us who have faithfully paid their mortgage and bills…. Sorry, Michelle you can ban me for that word… but it’s what I feel today.
This is what John Markman the financial guru at moneycentral says:
he’s usually right.
October 3rd, 2008…
….the day the Socialist States of America was born. Well look at it this way… in a year ot two…this day will probably be a National Holiday.
ughhhh… Sickening.
CAPITALISM- (1776-2008)
Notice how wall street isn’t happy. Co-incident with the passage of the bill, the market has dropped all of it’s gains today.
United Socialist States of AmeriKKKa
lets spell it the WRIGHT way…
I’m sorry, their talking but all I hear is Blah, Flippin, Blah, Blah, Blah.
Oh please, he just thanked Odopey.
And we can’t even march on Washington, because they’re all leaving town, right?
Well, why don’t we all meet up in Boston and throw some fruit into the harbor?
Sort of a symbol for labor. I know it’s cheesy but hey, I am an accountant, not an artist.
I am going to go fax a “Well, FU Too!” message to a bunch of people.
Amen.
Don’t pray to feel better about the sin you plan to commit.
Try repenting instead, don’t commit the sin, and you’ll feel much better.
The praise that Pelosi and Hoyer are heaping upon Barney Frank is disgusting and unjust. Frank has been the biggest fixer for the mortgage-backed lending industry in Congress. He has steadfastly helped expand the scope of risky, sub-prime mortgage lending while thwarting all responsible regulation and oversight of his boyfriend’s (Herb Moses) company (Fannie Mae).
In typical fashion, the Democrats are now elevating the guilty to the title of savior.
Open up and say Ahh. We are all going to have to take a bite of this s**t sandwich. All these dems slapping each other on the back is so pathetic. Worst congress ever.
Please know I am not trying to take anything away from Michelle with the following comments because she has been terrific on this and all of the other issues she tackles. I thank God for her!
With that being said, I think it’s time to pressure Limbaugh in a big way toward an “Eject The Incumbents” or “Clean The House” purge campaign. We’ve seen what he can do with Operation Chaos. He was extremely effective at delaying Hillary’s departure from the primaries, and to this day the Dems believe there was a massive, legitimate party switch going on. Operation Chaos prolonged a beating and bruising for Obama and further disclosed his true nature. I believe the true outcome of Operation Chaos won’t be revealed until Nov. 4th. Limbaugh is our most powerful voice and I can’t think of anyone who has more influence over more people per week (22 million) than Rush.
I’d like to hear the opinions of Michelle’s fans on this, please. Is it doable or do I have Bailout Derangement Syndrome?
Thanks for the play by play, Michelle.
Not a happy man today. The line will start forming for more shortly.A giant leap for socialism. Thanks to all who made calls.
On October 3rd, 2008 at 1:28 pm, expres12 said:
On October 3rd, 2008 at 1:17 pm, nlebou said:
What can we do?
We can start a taxpayer revolt.
you read my mind.
the only problem is how many do it.
one, or a hundred … maybe even a thousand means nothing except an opportunity for the federal government to make an example out of the brave ones…. they’ll get swept under the rug (read: put in jail)… categorized as malcontent tin-foil hat wearing unpatriotic racist haters.
10,000, organized, will get attention… and probably not the kind conducive to freedom, either.
100,000 guarantees the Army 3rd Infantry’s 1st Brigade Combat Team will engage the american isurrection in suppression.
Heck.. they’re anticipating it:
“In House debate on the banker “rescue” bill, Rep. Brad Sherman told his fellow Congress critters the government will declare martial law and the stock market will drop 3,000 points if the bill is not passed. “The panic-mongers were to the point of telling people the market would drop 3,000 points and there would be martial law,” said Sherman.” – courtesy of prisonplanet.com
screwed, screwed, screwed…
I am sure they’ll ban toy weapons in the Obama youth, so we’ll be subsidizing something that doesn’t exist.
I would venture to say that the bill passage will ultimately mean it is very, very good to be Michelle’s daughters. They’ve just been annointed a spot in the ruling class. A HUGE chunk of this cash is going to come flowing right back into the DNC / RNC coffers.
Gotta keep the third parties out of the picture, right?
We need to CLEAN THE HOUSE this election.
roll call:
http://clerk.house.gov/evs/2008/roll681.xml
thanks for the RP shoutout michelle
In the words of Patrick Moynihan:
Barney Frank = Defining fiscal deviancy downward.
somebody put them out of our misery….time to vote every one of these libratards out of office!!!!!!!!!!!
Somewhere in hell, Karl Marx is laughing. Thanks a lot, Worst Congress Ever.
Funny, Laree.
She and her cohorts are evil including any RINO’s and fake conservatives who voted for this turkey. I will have no trouble voting out my Congress critter. The Republicans need a major reshuffling that’s for sure.
This is the day that will live in infamy. And do you know what “infamy” means: Evil reputation brought about by something grossly criminal, shocking, or brutal; an extreme and publicly known criminal or evil act; the state of being infamous.
Who needs a foreign enemy? We have enough of our own.
And every one of these putzes will get reelected to screw us even more in the next Congress.
Is it me or does it seems that investors as a whole did not want this bail out? The market clawed it’s way back up the next day after the house rejected it the first time, then the market dove again when the senate passed it, then there was hope this morning that it might not pass and then .. it did – and down it went!
The bail-out itself appears to be doing the exact OPPOSITE of what these idiots thought it would. ?
Please folks,
Wouldn’t you be better served, if you directed your anger at those who created the sandwich in the first place?
This isn’t a bail-out of wall st… It’s a bail-out of Barney Frank, Maxine Waters, Chris Dodd, and all their enablers and co-conspirators.
These incompetent dogs should be impeached.
I need a drink.
Today seems like a good idea to pick up smoking again too.
Never have I seen such betrayal by politicians of the people they swore to represent.
Never have I seen them so flagrantly LIE and MISREPSENT and DESTROY the very principles of our society…
WE MUST HOLD THEM ALL ACCOUNTABLE!!
They must NOT be RE-ELECTED!
Keep a tally, make a SCORECARD for your representatives. Don’t forget the times they let you down!
Hold them to standards! Let Washington know that we won’t stand for this!
Every single one of the representatives who voted for this must not be re-elected. Don’t let them get away with it!
Well, I think we have just passed the apathy stage and have now moved to bondage. This is not the last we will see of the gov’t enchroachment on our lives, $, and institutions. Little by little we are losing our country.
Any one know how the Texas delegation voted?
Don’t forget – McCain(Idiot) voted for this.
80+% of the people of this country didn’t want this – but congress voted for it anyway. Very Very Telling.
Whoa, this is Congress, nowhere close to being the best and brightest.
Socialism for big Business, for sure.
The legacy of Bush and his cronies gets crappier with every passing day…
This tells you how freakin stupid these politicans are – now they rub it in by standing in front of the cameras, patting each other on the back and telling us how they look out for us! STHU!
Everybody needs to write to thank the few congresspeople who voted against this. And write those who voted for it informing them that you do not take kindly to being ignored. Inform them that you will not ignore them but rather make sure they are called out on such blatant disregard of the will of the people.
Goodi, both candidates voted for this. Bush presented it, and the dems sealed the deal. FIRE EVERY SINGLE MEMBER OF CONGRESS, all of them.
Bye, Bye I missed my American Pie.
we will continue eating the crap sandwich because pieces of crap like sausage will continue to vote for Barney, Pelosi and Reid.
You know, democrats are seriously starting to piss me off today with this blame the GOP first crap. This problem has been building for decades, your blindness to your own parties blame in this will ENSURE this hapopens again, only next time it will be twice as bad.
Roll call
http://clerk.house.gov/evs/2008/roll681.xml
So how many think the terminator article about the 7 billion needed by californnnnya was not strategic? Wasn’t it Ms. Fein -steen who said she received 91,000 emails and calls and 85,000 were against, but we must do this anyway? How ironic the next day we need 7 billion or we cannot pay our bills reinforcing the montra that the people don’t know anything but the polishtician do. Crap and Crap Sandwiches all around!
McCain was a cheerleader, and Boehner was on board too. This is a bi-partisian screwing.
Hey LIBS
Don’t come crying to me for a hand out. I’m putting my money were you will never get your grubby hands on it. You worthless social scum will always blame your problems on high achievers like me. Go scavenge in the moral trash you your kind have drug us into. Remember conservatives have the guns.
While this is true, don’t forget Clinton forcing Fannie and Freddie to buy mortgages that no one in their right mind would have made in the first place. Nine years ago this month. And Dodd and Frank and yeah, Carter…They’re all in the toilet.
FIRE THEM ALL
Thank you Mike Rogers of Michigan for voting no.
So…. what should we do about McCain? I don’t know about you, but I say to heck with the republican vote. I’ll sweat it out and push for Palin 2012.
California, you made your bed, now sleep in it.
I saw an article on that subject on louisianaconservative.com yesterday.
I love Bobby. He may be our only hope.
sausage My above comment is for you.
Hey SAUSAGE
Come moose hunting with me. I’m can be a very bad shot.
don’t worry there sausage, your messiah will be elected, and then after 4 years, bush will look like Lincoln in comparison…