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.
See what others have said
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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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No, they need to go to jail…along with their “friends” that allowed this crap to happen…
Unfortunately, I agree. He’s absolutely ruined the Republican party. He’s screwed all of us conservatives. He sold out what little principles that he had to be nice to his fellow weasels- RINO’s and Dems.
His overspending and the mismanagement of the war is what will doom him the most. This is what happens when the RINO’s take over the Republican party.
He’s ruined McCain’s chances in this election. I’m not saying McCain’s chances weren’t already compromised through his own actions. It’s a sad day for our party.
AlohaGuy said:
Look on the bright side, they are all supporting Obama, and Bill Clinton is even stumping for him on the Campaign trail. That will make Obama real popluar. I think there is going to be a backlash to this Vote.
Hey SAUSAGE
Is this the country you and your kind want?
Once again Bush has proved he can get what he wants. The days before this bailout were just like pre-Iraq war days. The administration used fear mongering, arm twisting and other tricks to push something for which they have little evidence to support or even little planning.
Is there even a reason to get out of bed and go vote anymore? Does it really matter? No one represents us anymore. America did not want this bailout. But did it matter? No.
Rogers is my rep too. He really went out of the way to educate himself on this bill.
Please don’t stay home though. Vote 3rd party, or vote for the locals and skip the feds. We need all the conservative votes we can get in Michigan.
Please don’t forget, he (bush) threw the senate and house to the dems. All he had to do was remove Rummysfeld from power a month or two prior, instead of after and we may have been able to hold them in check but his amnesty was a priorty and he knew he could’t push it threw until congress changed hands.
and bad English too…
It’s an opportunity McCain has thrown away. He could have toasted Obama on this issue.
Is it possible for the approval rating of congress to go into negative numbers?
I searched youtube and did not find the video but RP did say it – I heard him – and here it is:
LINK
Like I said – troofer talk.
Thanks for the coverage Mrs. Malkin.
It’s clear that our self-imposed slide into socialism just sped up.
There is no liberty without responsibility.
Well that was constructive. /sarc
He had the chance to win the election easily and save America’s future.
But you know, he has a bit of a history with the banking industry. We should’ve known.
Bob Barr or Chuck Baldwin, that’s what I’m doing.
You’re not the only one. I’m probably going to do the same. I don’t want to but the Republican party has really, really lost its way. My husband, a moderate Republican, thinks I’m crazy. He’s been telling me that if I do that I won’t be able to participate in the NY primaries. Oh, well.
I really just don’t care. While I like Sarah Palin, I don’t think she’s going to be able to save McCain’s campaign. There are forces in this country (socialist Dems) who are hellbent on destroying our country from within. They won’t be content until they compromise the very integrity of the free market system to make sure that we never have a thriving economy again. Welcome to socialist stagnation, European style.
Where’s our refuge? Where are our rights as taxpayers? Why don’t the freaking minority and illegal deadbeats pay their way? Of course not, we’ve gotta drag them along like the dead weight that they are.
I am absolutely angry and disgusted. I’ve seen how socialism works in Europe and it tromps on free citizens’ rights. Nobody cares about their freedoms as long as their precious 401K’s are preserved. Sorry, screw them.
Hey everybody- look, the market’s down. I guess the bailout worked like a lead balloon, didn’t it?
I will not vote for any republican in my district or state who voted for this thing. I won’t vote for a democrat. But, I won’t be voting for either my congressperson or senator if they did.
Is there a place to see who voted for it?
(Sorry, just found out and coming up to speed… in case this information has already been posted.)
-28 on the dow. Kick ass job congress. FIRE THEM ALL.
America saw it’s best days a long time ago. Once socialism infected us it was all over – it’s a slow, rotting death from the inside. Fiat money, centralized government control, high taxes, entitlements, bail-outs, endless wars: we’ve been experiencing socialism for decades. How foolish it is to say we live in freedom. Who is conservative any more? Not the Republicans! Maybe we should come up with a new party: how about the Orthodox American Party?
Exactly. That’s why they are applauding, smiling, etc.
I’m sure there are lots of Democratic Socialist Communist goodies hidden in the 400 pages of this monstrosity.
Mental Health
Carbon Taxes
More Taxes on oil industry
Michelle, when you have a chance, please compare this bill to the goals of the Communist Party:
* In the 1963 Congressional Record
* In the current program of the Communist Party USA: The Road to Socialism
That’s not truther talk.
The only good thing (?) that could come out of this is that if the whole thing flops as some predict, Pelosi, Reid, Frank & Obama will be out on their collective a$$es.
850 billion PLUS on this bill, 800 Billion plus in Obama spending. All will be blamed on bush. The road to the USA going into Bankruptcy count down begins.
Not a chance. The morons who vote for them will blame everything on Bush.
Not only is McCain toast, but so are we. This is the beginning of the complete destruction of capitalism, however imperfectly it was being practiced; and guess what? We all stood by and let it happen. We are the ones who allowed the government to dictate who should be allowed to prosper or fail. This is only the beginning of much more central planning of our lives… as if that wasn’t already the case. And when the Magic N-word becomes our leader, just bend over and take it.
Today, Benjamin Franklin appears more prescient than ever. We couldn’t keep it; at least, the representative form of it anyway.
Everybody should go look at what Jim DeMint said in the Senate. This guy is awesome!
http://blip.tv/file/1313122
BTW: Dear America,
Please stop voting for people based on how much they will give you from the treasury, what they promise to send home, or just how charming they are.
Please start thinking about the issues and investigating what candidates stand for.
And maybe we could start a movement to actually understand the founding principles of the country…
then we’d know what America stands AGAINST. And fight for our freedom!
Sure – oaky. Deny terrorists flew the planes and say it was 19 thugs. Gottcha.
Useful idiot and a liar.
Pitchforks and torches time?
It’s getting there, rapidly.
After seeing what a government of the People, by the People, and for the People have just do TO the People I’m starting to think that (with due respect to Monty Python) strange women handing out swords may actually be a better form of government.
The great Bailout of 08′
What can I say? I’m stunned. I thought the thing might pass but not by this margin. My congress rep., a democrat, voted no. Bless him, though I have no idea what the reasons were.
As for the Republican party, well Bush did destroy it. Just like Peggy Noonan said. I left the thing years ago so I guess I’m an independent now by default. Believe me, if it wasn’t for Palin I would be voting for Ron Paul. McCain screwed us, but then again, we always knew he would.
I accepted the devil’s bargain and now will have to live with it until election day. But after that, how do we pick up the pieces? Where do we go? What are the options for the future, presuming the country still has one? Palin/Jindal in ‘12 — sounds good to me but will we still have elections then? I’m starting to have my doubts.
I agree.
It’s about time to take back OUR country any way we have to.
Terrorists flew the planes into the WTC towers and Pentagon.
I want to know if Putin, William Ayers, and others in the U.S. knew it was coming.
What evidence did Sandy Berger have to steal and shred?
There are Domestic Enemies and useful idiots in our government.
That should be perfectly obvious to everyone today.
Consider the implications if William Ayers played a role in 9/11 and if Obama becomes (”by any means necessary”) President and Commander-in-Chief of our Armed Forces.
Amazingly, my congresswoman’s e-mail (Mary Bono Mack) is back up now after being “down” all week. Coincidence? I think not. I wrote her to let her know that my wife and I will vote against her, endure a democrat for two years and find a real conservative for 2010. I don’t even know who she’s running against but he’s got my vote.
Hey #&^&%&%@** LIBS
What are you going to do when people like me stop supporting your degenerate, sociopathic slimy programs?
RESPOND COWARDS.
I just called the WH comment line. First try, all circuits are busy, 2nd try waited on hold, then got sent to VM after 5 min. The VM box was full.
Bush just signed it into law.
Remember conservatives are the ones with the guns.
bush just signed it….stupid…hopefully his and congress’s ratings will be a whopping zero percent….booosh even saying now all the shelves will be stocked…gee I didn’t notice any empty shelves in the last few years let alone the last few days/weeks…except while in a hurricane hit area that is…
fear mongering and out right lies!!! a truly sad day for America and the American taxpayers and their grandchildren!!! I feel really sick to my stomach…and just after lunch isn’t a good thing….
7thson, I got through all week to her site and she has sent back two responses….. somtin else must be messin you up….
I sent her Michelles article this morning, that was the latest.
Didn’t matter she was in the tank for the “rescue” plan…. sheesh, balh blah blah student loans cars… you know the drill….
Watching some stocks stumble up and down across the charts like a heavily intoxicated bum with no idea where they’re going or why.
What a mess.
When in the Course of human events it becomes necessary for one people to dissolve the political bands which have connected them with another and to assume among the powers of the earth, the separate and equal station to which the Laws of Nature and of Nature’s God entitle them, a decent respect to the opinions of mankind requires that they should declare the causes which impel them to the separation.
I thought that truthers were the group that believed the US government blew up the towers. Maybe I am confused about that.
What I hear Paul was saying here was that we were not attacked by the soldiers of another country. If they were soldiers, we’d be at war with Saudi Arabia, I guess.
And I am clinging to mine dearly now. Will be buying ammo before 11-4 also.
All we will have left is our self respect.
Bush just signed it :/
ALL I CAN ************!!!!!!**********!!!!!!
I feel a DENNIS LEARY RANT COMING ON!!! HOLY **** did these SOB really ******* do this to US??? UNF***** beleaveable!!! SORRY SACL OF S***’S!! WOW I am a HEART BROKEN AMERICAN, FATHER of CHILDREN and GRANDCHILDREN who are going to have to pay for this long after I am DEAD.. Maybe I need to encourage my children and grandchildren to spaek ARABIC of CHINAESS(whatever). Because when the bill comes due on this one and the bank is empty than will come the further eating of this sh** pizza and we will have a whole new understanding of what FREEDOM WAS!! SAD DAY for ALL OF US!!
ANd yes it is past time to FIRE EVERY ONE OF THESE A**H**** in the VERY NEXT ELECTION!!!
Are you sure he didn’t say you should start stocking your shelves?
just heard on the news another bastion of socialism (illinois)can’t pay 1.8b dollars of bills it owes from the last 3 months because it doesn’t have the money. and mr obama knows how to handle this economy? if he does, he’ll be the only chicago politician ever who does. the illinois governor is once again under investigation for corruption. this must be about the 6th in a row. pretty soon illinois is going to have to dedicate a wing for it’s convicted politicians.
Any chance of a Supreme Court Challenge? :/
Hey! I thought the bailout was supposed to save the markets?
So how come they’re in negative territory now? Where’s all that exuberance we’re supposed to be seeing. I want my CNBC shots of the trading floor, with traders hugging and high-fiveing one another!
Yes stocking shelves with AMMO……
My wife and I haven’t taken a real vacation in six years, choosing instead to use the money to pay our home off.
Boy, do I ever feel like an a$$hole now.
Pelosi was just on the tube talking about investigations and how the democrats were going to get to the bottom of this scandal. She was promising that the next congress with a new president would find out what went wrong, and see to it that it doesn’t happen again.
We’ve been played for suckers.
Like sheep in the paddock, running from corner to corner, while the wolf standing at the gate is choosing lunch.
You guys lost, America wins, the country recovers.
In the words of the prophet:
“Suck It Up”
http://www.nationofwhiners.com
Hey anyone know when the Inauguration is for our new President Henry Paulson????
I want to be sure to miss it!
Oh I see, they’re all starting to put their hands out now – California want 7billion, Illinois 2billion just for the last 3 months.. I hate to think what NY is going to need having lost so much tax revenue from these corporate bankruptcies.. at this rate, we’ll be right back to where we were this morning, except 700billion poorer. Make that 800billion thanks to the earmark stuffing.
How can a congress say no to 700billion, then say yes to a bill that is essentially the same but with an additional 100billion in earmarks? It is completely illogical – unless they are getting a cut of this huge beast.
Stunning how much illogic someone can fit into a single sentence.
1) If America wins, we win.
2) If by “you guys” you mean people who think this bill is appalling then you’re talking about a solid, bi-partisan majority of the electorate.
3) How exactly does this monstrosity help the country recover? Aside from the arrow importers, I mean.
Don’t you mean Kommissar Henry Paulson?
It was a great Country while it lasted……..
2 mortages and a car loan with nary a late payment. I know how you feel.
If you had failed to pay you’d probably still be homeless.
This bailout will primarly help the big investors and institutions and not the little guys (at least not directly).
It’s going to be like PMI, you paying insurance premiums along with your mortgage P&I to protect the lender. Except now it’s our tax dollars providing the insurance and you can’t get out of it.
Paulson was just a useful idiot. He’ll be one of the first to perish in Obama’s purges.
The signers of the Declaration of Independence literally put their necks on the line….for this.
This is good for the economy……
yes, “The underground economy”
I belive we shall call him Emperor Paulson so it doesn’t look out of line when we are all bent over, and we won’t be bending to pay homage.
Today marks the end of capitalism as we know it. Private property rights are the foundation of any free market system. This bill gives Gee-Dub his legacy. May he choke on it while we all bend over.
fixed it for you moron.
Source
This bill fixes nothing and breaks a lot of things.
And there will be a series of Cloward-Piven Orchestrated Crises from now to November 4th.
I just read that Kennedy and Menendez are fashioning a new bill to protect those poor illegal ‘victims’……..apparently they aren’t quite finished with the politics of mass destruction.
It’s 3:45 eastern and the Dow is down 127. Nice job guys and gals in Washington. This is the biggest load of crap. This bill solves nothing and creates more problems for the future. McCain needs to hammer Obama next week for what caused this mess to begin with. if I hear another person say 8 years of Bush I am going to scream. Bush is toast too, nice legacy he has! I think I like the idea of becoming an independent. Both parties have thrown me under the bus and now that bus is full of 700 billion of OUR tax dollars. What a disaster.
What do we win? Socialism where the hardest working/most productive carry the load for the lazy?
Yeah, we won alright…Dow was up around 200 before they voted for it….now its down almost 200…yeah we won alright/sarc
Wasn’t Bush also the lesser of two evils? I guess this is how fascism takes over a society. Well, before either McCain or Obama get elected and try taking anything else, I’m going to make sure my gun cabinet is well-stocked.
Called my congresscritters and thanked the 4 out of the 7 that voted “no”.
I guess what I’m going to do now will take some more thought.
here’s your sandwich. enjoy.
the stock market obviously didn’t think this trillion dollar bailout was enough. the dow fell over 400 points as soon as the bailout passed. hmmmm. where is mr paulson’s backers to assure us that the economy will get better if we just hand them enough money to buy africa. they were all out in force to show us how mondays no vote caused a 780 point drop, so why no 780 point increase on this great news. maybe the dems are on to something, bush is stupid.
Well, it is official. The GOP has become the “other socialist party” in America.
I will be voting Constitution Party this year. These last votes over the last several weeks confirmed that it is the right choice.
The GOP leadership is dead and devoid of actual conservatives. And their disdain for the conservative rank-and-file is obvious. I am done with the GOP. Good riddance to all those GOP “leaders” that continue to drag the party into socialism and irrelevance. I will not be party to that. I love my country too much.
I fear that it is going to take a revolution to end this slide into oblivion.
a few quotes from Thomas Jefferson , folks:
” I predict future happiness for Americans if they can prevent the government from wasting the labors of the people under the pretense of taking care of them”…. well Jefferson is angry somewhere.
” The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants”
it’s fast getting time.
To my wife, “Honey, cross off the t-bone steaks for the BBQ this weekend. The only thing we can afford, once the government grabs our check, is hamburger, if we’re lucky, or pork bones boiled in a pot.”
No need to ask, I’m already grabbing my ankles.
“Assume the position you hairbags!”
I called Michell Bachman’s Washington office to tell her office how much I supported her in her courageous “NO” vote. I was shocked to actually get her on the line…. what an honor. I got to personally tell her of my respect and support for her in the future. I have called Rep Kline’s office and told him he no longer has my support( I know, he’s a Marine as well, but this goes beyond that)
How about a mass refusal to file taxes? They can’t jail millions of people can they? The forefathers threw tea into the harbor…… It’s past time to have a Massive March on the Capitol with Glen Becks pitchforks and torches !!
I read in an eBay forum that the coin dealers are out of gold and silver coins.
IF they could, the illegals would be there already, right?
I agree that it is time for action. A demonstration at the Capitol is long overdue. We need to take our country back from these people.
I was supposed to campaign for a Congressional candidate this weekend but I just don’t have the heart for it. And it Tom Davis shows up I think I would vomit. Not that he would have the nerve to show his face in public this weekend.
I am seriously thinking about emigrating. Australia may be the only free nation in the world in a couple of years. I am sick. The nation has been betrayed and the two main parties have staged a coup d’etat. It is no longer our country. They have stolen our nation.
Might as well just go ahead and elect Capt. Big Ears now. Seeing as how the Senate and Congress have gone all-in for Nationalizing everything, might as well have a true died-in-the-wool Socialist at the helm in order to make it all official looking.
Gee…with all the Nationalizing going on, maybe Venezuela and Cuba and the rest of the little Banana Republic Socialist States will finally be our friends, and the Dems can finally have their little “Kumbaya” party with the Congressional Republican Sell-Outs as their Eunich Cabana Boys.
I am hearing that Costa Rica is becoming a haven of sorts.
Ironically, Chile might be a good spot too but I don’t hablo Espanol….
I understand the desire to leave, but this is our country, remember. We have lost this battle and we may see the complete socialization of the U.S. come about in November, but I will not leave without a fight. I do mean fight, by the way. if we love this country then we’ll fight for it and get it back. But, no more fairness, reaching across the aisle, bi partisanship crap… those days are ended. I will not let liberals trash this country without my shedding blood, if need be. Yes, I’m being dramatic,…. but fight.. damn it.