Kabuki theater at the Chicken Little Congress; Paulson: “There is no playbook”
I watched as much of the Hill hearings with Barney Frank, Maxine Waters, Naked Emperor Hank Paulson, Ben Bernanke, and Sheila Bair as I could stand.
Kabuki theater gives me a headache.
Most revealing moments:
*When stalwart bailout opponent GOP Rep. Jeb Hensarling pointed out that everyone under the sun was applying for TARP funds including a group of Hispanic plumbers and contractors, he asked Paulson if he could please provide a clearer definition of what qualifies as a “financial institution.”
Paulson’s answer: “I can’t.”
Translation: “I won’t and I don’t have to do so. Nyah. Nyah. Nyah.”
*When Democrat Rep. Waters, one of the Crap Sandwich’s biggest cheerleaders, whined for 10 minutes about how her trust was betrayed, she and Paulson looked ready to shed tears.
Boo-freaking-hoo.
If she were truly enraged, she’d be leading the charge in the House to freeze the rest of the Crap Sandwich funds. Instead, she’s redoubled her efforts to get a piece of the pie.
*Paulson to the Chicken Littles who put their full faith in a naked emperor: “There is no playbook.”
The Foundry underscores a message I’ve sent from the start: Paulson is part of the problem.
*And on the auto bailout, Paulson’s message to the fools on the Hill: Don’t mess with my crap sandwich! Make another one.
***
More:
Mark Tapscott — Bailing out dead donkeys.
Jim Pethokoukis — The 11 Blunders of Hank Paulson
See what others have said
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- What should be our response to the current wave of bailouts? «
- Jules Crittenden » When The Going Gets Tough …
- The Wide Awake Cafe » Beggars on the Hill
- Just When You Thought the Auto Bailout Was Passe — The Opposite of Jim Bunning
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The solution should never ever resemble in the slightest way, yes boys and girls-you guessed it,
THE PROBLEM!
Bear1909 out
“….and hell followed with him”
PS: Does anybody else think that Obingo looks like he has seen a ghost? What a joyless looking victor.
ditto, rather like, “Oh sh*&^, what have I gotten myself into. I just wanted to see who really liked me. I don’t want to do anything.”
Paulson “can’t” define a “financial institution.”
If he’s not lying, then he’s stupid.
Hensarling Rocks!
Secretary Paulson wouldn’t directly answer whether he thought that insurance companies becoming bank holding companies through acquisitions should be allowed in order to qualify for TARP. What a POS!
The same look the American people now have, now that we realize who we elected.
Kabuki theatre? More like Monty Python.
I keep looking for John Cleese.
No, she wouldn’t. She would encourage her constituents to riot and take it by force.
Can’t they wire her jaw shut or something?
bear1909: Is Obama still alive? After being completely unable to avoid seeing and hearing him, even with my TV and radio off, prior to Nov. 4, I can’t find him anywhere.
He’s like President-elect Waldo.
If only…
Maybe we’ll find out Obama isn’t a natural born citizen before inaugaration and then we’ll get Joe Biden….oh I just threw up.
Thank you for doing the dirty work of watching these imbeciles in Congress hold their little photo ops and tribunals. I simply cannot stand to see their faces anymore or listen to the incredible stupidity of people like Franks and Waters.
It makes my head hurt.
#1 thing Bush will be remembered for is how his appointment of Paulson led the country into the toilet.
A socialist or an idiot. What a choice!
Number One thing Bush will be remembered for is that we were not attacked again after 9-11.
Americanos are gonna pay in flesh and blood for electing this Obingo clown.
Security briefing number one after he got elected had him wishing he was old enough to wear Depends.
Bear1909 out
“…and hell followed with him.”
He’s starting to get the daily Intelligence briefings. That’s the ‘Holy Sh#t!’ look now that he’s beginning to understand that the world didn’t automatically start loving America November 5th.
Where are the men in the Senate? If only we could bring them forth from the era of our founding fathers, to call out these charlatans and poltroons.
I have heard that…
That is why I am not totally worried. There is a reality wake up call that new presidents get, and there are many people keeping watch.
That’s right! The dillweed can’t just vote present now, he’s actually got to step up!
You must be too young to remember Jimmy Carter.
In which he is informed about our Insect Overlords and the real role of the Presidency.
/Simpsons
I’m proud to say that Jeb is my Congressman. He’s been one of the strongest voices on OUR side through this. With Senator Kay Bailey Hutchison getting ready for a run at the Texas Governor’s office, I’m hearing talk that Jeb is going to run for that Senate seat. I would hate to lose him for my district…but he would be a great addition to the upper chamber.
Sadly, I think you’re dead-on correct.
Bingo!
Now I just threw up - a lot.
Anyone remember Katrina?
How the government handed out free money to anyone who asked?
Is this TARP starting to look and sound like a Katrina handout fiasco times a billion?
Lord help us.
(p.s. was anyone else furious beyond humanly possible, veins popping, eyes bulging when the TRILLION DOLLAR Financial Disaster Queen itself, Barney Frank, was chairing this hearing today??)
Politicians and government bureaucrats are about one thing and one thing only; the acquisition of as much power and control in the form of law and control or possession of money as they can.
It does not matter what political party they are members of, either, because they are, first and foremost, members of the political class.
Amen! Me too.
Paulson reminds me of the head of British Bomber Command in WW II.
Put a 1,000 bombers over Germany in the dead of night and carpet bomb an entire area in the hope some of your bombs hit an aircraft factory. After you lose 47 aircraftalong with their 10 man crews and hit nothing, you send the bombers out again the next night.
I love Obama’s quote about, “Iraq is costing us $10 billion a month.” Paulson has just taken the equivalent of three years worth Iraq war funding and in effect stacked it up in a field and burned it in 60 days.
Great….
THey may also have informed him about what is REALLY at Area 51. ;P
HA! Do I? The wife and I were flying back from Haiti and the stewardess was bashing Bush to two guys she thought were foreigners (turns out her indoctrination dribble was wasted on them). I kept my mouth shut until:
Idiot: Katrina, all Bush’s fault.
Soap: That’s it, I have had enough.
2 guys: I am glad someone finally said something.
Mrs. Soap: Hon, calm down, you will get us thrown off the plane (on our decent into Miami).
Soap: Then we will be the first ones off the plane but she needs to shut her trap. She has no right to talk politics to people coming from another country and I aim to get her fired.
Audience: :loud clapping:
I remember Katrina well and I live in Flori-duh.
Okay, off topic a bit. Just trying to lighten it up as Michelle threw up a little watching the mess!
And we didn’t even get a commerative t-shirt for the experience either.
Were were the REPUBLICANS??????
The GOP?
The RNC?
The L_O_T_E_S?
the majority of THEY–voted for this JOKE that is a JOKE on the VOTErs…
ENOUGH!!!!
Katrina and the Waves?
Short-lived act from the 1980s? I remember them. “Walking on Sunshine”.
But, I think you were refering to the other Katrina. The one that stomped on sunshine.
ARE YOU SURE ABOUT THAT?
While some Republicans voted for this, the majority of Republicans in the house did not.
No reason to rewrite history on this blog today.
Please, read my lips. NO MORE BUSH’S IN DC– EVER!
And as for the actual hearing, I am always surprised at the complete lack of understanding by many of the congress people involved.
This is a tricky issue, but having questions from people that seem to be unqualified to even read the mortgage documents they would need to sign to get a home loan themselves is very depressing.
Um, he was talking about Jeb Hensarling.
Actually, I think it’s a shame Jeb Bush is tainted by his family name. I don’t live in Florida and didn’t follow him that closely, but my impression is that he’s probably the best of the brood.
I are retarded.
I are retarded.
I also watched as much as I could possibly stand. It made me wonder if they hold these hearings just to go through the motions, or to hear themselves talk?
Had I been one of the “witnesses,” several times, I would have stopped testifying, and addressed certain Rep.s, and asked them if they wanted me to stop testifying until after they were done talking. It was rude, and disrespectful of Frank and others to keep running their mouths as the witnesses gave their statements.
It seemed they were not interested in anything beyond what they themselves had to say. Minds made up?
Where was the chorus to fire Paulson the moment he came out with his plan? We deserve what we get. We put those crappy politicians in office. We have supported two conspiracies - called political parties. We have accepted socialized education.
This is the logical conclusion.
We are destined to be a third world country by the end of Obama’s first term.
ISN’T THE FOLLOWING WHAT WE’RE REALLY FACING?
Alexander Tyler, in his book, Cycle of Democracy, (written in 1770) wrote the following:
“A democracy cannot exist as a permanent form of government. It can only exist until the voters discover they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising them the most benefits from the treasury, with the result that a democracy always collapses over loose fiscal responsibility, always followed by a dictatorship.
The average of the world’s great civilizations before they decline has been 200 years. Nations have progressed in this sequence: From bondage to spiritual faith; from spiritual faith to great courage; from courage to liberty; from liberty to abundance; from abundance to selfishness; from selfishness to complacency; from complacency to apathy; from apathy to dependency; from dependency back again to bondage.”
The United States has outlasted the average by 32 years, but with over 100 federal and state programs that foster dependency and nearly half of adults getting a monthly “entitlement” check of some kind, we may now be on the road to bondage.
Americans are becoming increasingly addicted to government, and politicians are the dealers of the drug called “dependency”. Let’s hope and pray we get a benevolent dictator.
I remember Carter well, and Bush did not learn a damn thing.
I doubt if the Chinese will be benevolent.
OR SAID ANOTHER WAY: When you rob Peter to pay Paul, you can always count on the support of Paul.
With the media supporting the Pauls 100%, how does Peter wake up the other Peters to take back their government before it’s too late?
OHHHHHH SoapBox, I gotta get one of those!!!! SWEET.
Thanks for the link!
That is exactly what I thought he looked like the night of the election when he was on stage.
Imagine recruiting a primitive tribesman from a group of headhunters living deep in the Amazon jungle to fly a Boeing 747 jumbo jet. This is roughly what we got with Paulson in charge of bailing out the U.S. economy.
My collie says:
I wish that’s where my money was. Unfortunately, I didn’t have a choice.
Paulson: “I don’t wanna & I don’t hafta & you can’t make me”.
Sounds like my dog when hubby tells her to mind.
SoCal said:
True. I just want to know if the current Col. Jessup is man enough to order a code-red.
Maybe Oblahblah can’t handle the truth!
On November 18th, 2008 at 12:08 pm, bear1909 said:
PS: Does anybody else think that Obingo looks like he has seen a ghost? What a joyless looking victor.
————————————–
More like he’s seen just what our current President sees every day - National Security briefings, the real complexities of the economic mess, etc. I’d be pretty joyless myself if I had to deal with what he has to deal with (or will soon).
On November 18th, 2008 at 12:21 pm, fighterDC said:
Ha! I wonder if O’Biden’s busy plagiarizing right-wing birth-certificate websites to help facilitate this…
this yo yo, paulsen, thought that he needed to save his portfolio with goldman sachs by bailing out AIG. he then learned that he was going to need a lot more to save his and those of his buddies. so no he isn’t going to share with the auto industry. thank goodness for that one small little favor. it is is miniscule of a favor.
and why hasn’t anyone of the talking heads asked the UAW to fork over some of those millions, if not billions of dollars they set aside for the politicians they are purchasing? why has the UAW not been asked to fork over some of the members monies to assist GM or other auto makers in making the benefits of the retirees or the JOB Bank? Why? They can give away millions like they are flushing it down the toilet, but they can’t help out the auto industry by taking those funds and putting them to good benefit use?
and yep bear1909, you pegged it exactly. this great One has seen the light and it ain’t good. he has never held a job in his life and now he can’t hide behind Present or be late to meetings. nope he has to show up and work on this job. this guy is aging before our very eyes. he is aging faster than clinton and bush did. nope he will be all white by the time his 1st term is half over…
i am lovin’ it.. the left is going to wake up and go.. he lied to us! yep, that he did..
Isn’t it interesting how these freaking pathetic, childish weasel politicians put all their “trust” and “faith” in this false economic guru only to learn what a joke he already was?
Are these people children or leaders? Who the hell is leading this country? According to deluded Obummer supporters it’s the Republicans. Heh, heh… oops…
New models from the new GM in 2009:
The Pelosi: A wind powered two seater that deposits your energy savings directly into your government seized 401K account. Comes in three shades of green. Hemp seat fabric optional.
The Frankmobile: A solar powered “happy” car for two with an automatic hot dog dispenser. Responsibility avoidance package is standard. Rainbow striped upholstery.
The Reidutter: Saves energy by going downhill real fast. Finger pointer turn signals are standard. Indecisive steering controls. Equipped with BDS airbags.
The Dodder: A battery powered eco-car with extra space on the dash for bobble head dolls. Comes with pre-approved loan discounts. Travels Countrywide.
The Paulsonette: No turn signals on this gas guzzler. Expensive to operate and the performance hasn’t been documented. Uses an innovative, non-transparent windshield. Check back for updates at http://www.justyourmoneysucker.gov
The O: Runs on all sorts of unavailable fuels, such as clean coal and wheat straw extract. Needs minimal experience to operate. Paint changes color in different light. Down payment of 100 hours of community service required.
The Lieburban Assault: A true crossover vehicle that’s been discontinued until further notice.
dutchcedar … you are funny!
I saw a news bit yesterday explaining how Nissan has the technology whereby cars talk to each other to eliminate accidents. The previous day, I saw a program about GM and one of the highlights on that program was how GM is bringing back the Camaro and how “neat” the interior is.
On November 18th, 2008 at 5:13 pm, Misscheryl said:
I saw a news bit yesterday explaining how Nissan has the technology whereby cars talk to each other to eliminate accidents.
—————————————
Car “A” to Car “B” - “Get out of my *&%!ing lane!”
Anyone who is trying to justify the GM bailout because they are going to release their electric car the Volt in 2010 should go look at the
TESLA
Which is out now and kicks the Volt’s butt in performance, if not price.
GM should have licensed technology but they have a retarded “NIIMBY” attitude - (Not Invented In My Backyard).
I say let them die.
Howdy everybody long time no post! Every time I even think about the lack of a real plan and any over sight of the actions of the lying crapweasel Paulson I start to sound like a Tourette syndrome patient. So in the interest of all I have held back and shut-up, but no more I watched some of the kabuki theatre before going to Twin Falls for a medical appointment this morning (which ended up taking most of the day) and all I can say is save your watches folks the BS was getting pretty damn deep. The very people that have caused the financial problem are going to get to the bottom of what caused it and fix the problem. Yeah! I love it when the fox guards the henhouse. I fear for the survival of the Republic with this Democrat and RINO asshats in charge.
ΜΟΛΩΝ ΛΑΒE (mo-lone lah-veh) Translation: Come and take them!
Nissan didn’t reinvent the wheel. That technology has been flying over your head for decades. It’s called TCAS, Traffic alert and Collision Avoidance System. They may be the first to put it in a passenger car.
Meanwhile… Who said the Era of Clinton is over? Hill-a-beens as SecState and the rest all ex-Billy boys… Thing’s really weren’t that great in the 90’s. Don’t need a repeat…
un-freaking believable. Why do I so want to go to DC and protest? I want to riot at the capitol with thousands of my friends!
We’ve finally done it! We now have our own Jimmy Carter!!!
To be fair, Carter’s mess wasn’t so awful that it couldn’t be cleaned up by the end of Reagan’s second term… but Bush’s mess may never get cleaned up.
Hopefully he will be a better ex-president than Carter… if he’ll just stay in Crawford and keep his mouth shut.
I see McCain will run for reelection in 2010… anyone in AZ care to help Senator McCain retire?
Now back to seeing how I can get on the bailout gravy train…
#63: after the last eight years, I’m starting to miss Bubba. At least he wasn’t putting the country [god only knows] trillion dollars further in the hole.
Now that the election is over, I think I’m coming down with BDS.