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Emergency? White House Admits to Planning Bailout for MONTHS

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Truth2Tell Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-23-08 03:18 PM
Original message
Emergency? White House Admits to Planning Bailout for MONTHS
From: Roll Call

The White House today is drumming up extraordinary pressure on Congress to approve its plan to enact a $700 billion mortgage bailout fund, suggesting the markets cannot wait much longer and dispatching Vice President Cheney and other top officials up Pennsylvania Avenue to jawbone lawmakers.

...

Fratto said it would be "unthinkable" for Congress not to pass legislation this week, asserting the result would be a "very, very serious situation" for the U.S. economy.

...

Fratto insisted that the plan was not slapped together and had been drawn up as a contingency over previous months and weeks by administration officials. He acknowledged lawmakers were getting only days to peruse it, but he said this should be enough.

More http://www.rollcall.com/news/28599-1.html?type=printer_friendly">here.


Props to lgcap http://dailykos.com/storyonly/2008/9/23/124453/470/612/607556">at Kos for catching this.

This is Patriot Act games all over again. Total Bullshit! Fire, fire, help us quickly! But sorry, no time to review!
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dchill Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-23-08 03:19 PM
Response to Original message
1. Wall Street has WMDs!!!
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ColbertWatcher Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-23-08 03:23 PM
Response to Reply #1
2. We need to invade! n/t
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Fuzz Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-23-08 03:25 PM
Response to Original message
3. Bullshit.
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puerco-bellies Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-23-08 03:32 PM
Response to Original message
4. Heads-up Obama campagin. Hello; Victory calling..
K&R
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ShortnFiery Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-23-08 03:33 PM
Response to Original message
5. Then there's no hurry to VOTE. You got that Congress? Don't rush this - WAIT! eom
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debbierlus Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-23-08 03:38 PM
Response to Original message
6. KICK - Send to Olbermann
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Truth2Tell Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-23-08 06:19 PM
Response to Original message
7. Kick
for the new rating system
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