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Bush Prepares Request for Rest Of Bailout Funds (Obama will go along with it)

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girl gone mad Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-11-09 06:06 PM
Original message
Bush Prepares Request for Rest Of Bailout Funds (Obama will go along with it)
Bush Prepares Request for Rest Of Bailout Funds
If Congress Votes Down Measure, Veto Power Could Come Into Play

Senior Bush administration officials, consulting with the Obama transition team, have prepared a plan to ask lawmakers for the second half of the $700 billion financial rescue package despite intense opposition in Congress, sources familiar with the discussions said.

The initiative could create an unusual political scenario straddling the Bush and Obama administrations. If Congress were to vote down the measure, either President Bush or Obama would have to exercise a veto to get the money.

Obama officials would prefer that Bush exercise any veto rather than leave the new president with the unsavory task of rebuffing his fellow Democrats in Congress to advance a widely unpopular program, sources said. The White House has declined to say publicly whether Bush would be willing to issue the veto.

"There have been discussions between the administration and the transition team on how to proceed should the president-elect determine that he would like President Bush to notify Congress on his behalf of the intent to use the remaining $350 billion so that it will be available early in the new administration," White House press secretary Dana Perino said. "No final decisions have been made."

http://www.washingtonpost.com/wp-dyn/content/article/2009/01/09/AR2009010902846.html?hpid=topnews
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SoCalDem Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-11-09 06:07 PM
Response to Original message
1. NO MORE TAX MONEY FOR THE BUSHites
Surely it can wait 9 more days..

:grr:
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bluestateguy Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-11-09 06:08 PM
Response to Original message
2. If Obama gives it all to the auto industry and homeowners it could be useful
But the banks should not get anymore.
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4 t 4 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-11-09 06:11 PM
Response to Reply #2
3. The banks can bite us all
give it to the people !
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rvablue Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-11-09 06:14 PM
Response to Original message
4. SORRY! NOT ONE MORE EFFIN DIME FOR BUSH! THE COUNTRY WILL SURVI VE 8 MORE DAYS
without it.

I'm am so fucking sick of this shit. And I tend to watch my language on this site.

But I can't stand it anymore. Not one more minute. Are the Dems in Congress going to stand up and scream a resounding HELL NO! to this.

ENOUGH. ENOUGH. ENOUGH. The country is going to get any worse than it already has in the next 9 days.

Are we really going to let this lying liar who destroyed our country run out the door with the last billions left in our treasury.

UGHH!!!
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Autumn Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-11-09 06:35 PM
Response to Reply #4
13. Yes we are. n/t
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4 t 4 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-11-09 07:36 PM
Response to Reply #4
17. I agree not one more minute!
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malaise Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-11-09 06:15 PM
Response to Original message
5. NOOOOOOOOOOOOOOOOOOOOOOOO!
That is all
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AtomicKitten Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-11-09 06:18 PM
Response to Original message
6. Effin hell. How accommodating is he going to be for these criminals?
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SammyWinstonJack Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-11-09 06:20 PM
Response to Reply #6
9. Apparently pretty accommodating.
x(
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AtomicKitten Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-11-09 06:35 PM
Response to Reply #9
12. aarrggghhh ((tearing hair out)) n/t
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SammyWinstonJack Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-11-09 06:37 PM
Response to Reply #12
14. You're not alone.
:banghead:
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ellenfl Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-11-09 06:18 PM
Response to Original message
7. this was posted earlier. why would either bush or
Edited on Sun Jan-11-09 06:19 PM by ellenfl
obama be vetoing a bill that does not come before them.

"If Congress were to vote down the measure, either President Bush or Obama would have to exercise a veto to get the money."

huh? if it doesn't get out of congress, what will they veto? i'm (still) confused.

ellen fl
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Jakes Progress Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-11-09 06:19 PM
Response to Original message
8. We're being scammed in slow motion.
grover norquist is living his dream.
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SammyWinstonJack Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-11-09 06:23 PM
Response to Reply #8
10. Scammed with our eyes wide open.
x(
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Jakes Progress Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-11-09 11:36 PM
Response to Reply #10
18. Yep. Just so we can "wake up"
in a couple of years to look around and say "what the hell?" Any nation that would let bush be president twice is a nation of sheep anyway. Now we just get fleeced.
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jimshoes Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-11-09 06:24 PM
Response to Original message
11. Jesus Christ, Can't anyone say no
to these thieves? 8 more fucking days for fuck's sake. Just no.
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gulfcoastliberal Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-11-09 06:46 PM
Response to Original message
15. Of course, they've got to finish looting the treasury.
Sickening.
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autorank Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-11-09 07:11 PM
Response to Original message
16. k*r Excellent find
Screw the banks. They should get nothing. Zero. If it's not for the people, then add it to the recovery program.

Not one damn dime for Wall Street Welfare
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