I would rather face the next great depression under a President Obama...

[ContinentalOp]

Than face the possibility of President McCain in any economy. I think we just dodged a bullet here, politically speaking. Am I wrong?

[secondwind]

1. yup.

[secondwind]

2. yup.

[Fresh_Start]

3. yes, you are wrong

if you'd chose a great depression over a recession or better

[ContinentalOp]

8. So if McCain won and the Republicans retook Congress...

You think we would just be facing a recession? I'm not confident that the planet would survive another four years of that.

[Fresh_Start]

10. the GOP wasn't going to retake Congress

based on any numbers that I've been seeing.
They were going to lose with the Dems potentially getting a veto proof majority

[blondeatlast]

13. Exactly. And with Obama and a mandate of a Dem Senate, we could have passed this

for the short run, saved thousands of jobs and 401ks and retooled it in early '09.

Now we have to hope to survive until Obama and the Dems have power.

[ContinentalOp]

14. What would have happened if this bailout passed with Democratic support,

and the economy tanked anyway? Which by all accounts sounds like what was going to happen? You don't think that would have cost us politically? You don't think McCain would have been able to successfully run against "the Democrats $700 Billion handout to wall street"?

[ContinentalOp]

15. Also, why do we have to wait until they're in power? Nobody is saying we should do NOTHING.

Shouldn't Congress and maybe even Obama go immediately back to the drawing board and try to craft a good bill from the ground up?

[secondwind]

4. yup.

[Democat]

5. I agree 100%!

Some DUers seem to think that bailing out Bush is more important than winning the election.

The Supreme Court and the fact that John McCain wants a war with Iran alone are two reasons that the economy comes second to winning the election.

Imagine four or eight more years of Republican rule and then think about what should be our priority.

If the economy has to tank because Republicans refuse to clean up their own mess, and it helps Obama get elected, then that's a lot better than Democrats cleaning up after Bush and allowing themselves and Obama to get destroyed in the election.

Look at the big picture. We need to win the election right now above all else.

People will die violently in wars if McCain wins.

[ContinentalOp]

11. Yep, not agreeing to the bailout doesn't mean that Democrats are playing politics with the economy.

It means that we refused to fall for the political game that the Republicans set up. Hopefully now they can get down to business for real.

[soulcore]

6. Don't let the pro-corporate welfare crowd get you down.

It's all fear based economics, "give us 700 BILLION or the markets tank!"

[NoPasaran]

7. yup

I'd prefer no great depression at all, please.

[ContinentalOp]

9. We're facing economic disaster either way.

You trust President McCain to solve the issue? Because that's what we would be facing if the bill had passed with Obama's support and McCain voted against it.

[rvablue]

12. Me, too.

It was the greatest Democratic leader of all time who got us out of it last time.

[Occam Bandage]

16. No. I would not. If the choice were

four years of Obama and a great depression or four years of McCain and an economy like Clinton's, I would pick McCain without blinking.

I vote for Dems in large part because they're more likely to lead to a good economy.

[soulcore]

17. And that vote would get endless amounts of brown folk killed in the name of war. n/t

[ContinentalOp]

18. Get real. A McCain presidency would not lead to a Clinton economy.

It might lead to nuclear war with Russia though.

No matter who is in charge we are facing some really bad times in the coming years and this bailout wouldn't have solved that. If you think this bill would have allowed the next President to inherit a Clintonian economy, you're dreaming.

[Occam Bandage]

21. I'm not suggesting it would. You're the one who set the hypothetical choice of

"Obama+Depression" or "McCain+Something Else," and said you'd prefer the former. I'd prefer the latter. Depressions are not good things.

Obviously that isn't the choice that's before us, which is why we're supporting Obama.

[ContinentalOp]

26. No, I'm not the one who is creating that false choice.

I think we can still fix this problem. But many around here are saying that the failure of this bill is going to plunge us into a depression. I believe that the passage of the bill would have ensured a McCain presidency. So I think at this point, the worst case scenario is an Obama win plus a depression which to me is more acceptable than a McCain win and a really deep recession.

[Doityourself]

19. You want to see massive amounts of the vox populi eating out of trash cans or standing in lines

for food and shelter?

[bunnies]

20. Is this kind of thinking *really* what its come to?

If so, we're even more fucked than I thought. :scared:

[MSU_Spartans]

22. I think you fail to realize how miserable a depression would be

You wouldn't care about wiretapping, gas prices, offshore drilling, etc if you were suffering the effects of an economic depression. Sorry, but we absolutely don't want to be there.

I understand your strong opposition to McCain. I fear how bad he'd be, but if the choice was McCain with a stable economy, or Obama in a depression, I'd take *gulp* well, I'd pick the stable economy.

[JuniperLea]

23. It would be even more miserable with McCain at the helm...

No question.

[MSU_Spartans]

24. if both were in a depression, no doubt, but

that's not how the question was posed. it was if you could have McCain + a good economy, or Obama + a depression. I'd pick the good economy.

You think it's bad right now? If we fall in a depression you'll be praying to return to now. I know it's hard on a lot of people right now, but this is really nothing compared to a depression.

[JuniperLea]

29. Depression is slow in the making... and slow on the show..

The making part is a done deal... it was done several years ago... this bill is grand political theatre.

[ContinentalOp]

28. Of course I don't want a depression but I do think the prospect of nuclear war with Russia or Iran..

is far scarier. At any rate, we are in some serious economic trouble either way. Had this bill passed and McCain won, his policies would have plunged us deeper into trouble and it's possible that the bailout would have cause hyperinflation. In that event I think a serious depression would have almost been a certainty.

[NJGeek]

25. http://mccain-crash.ytmnd.com/

http://mccain-crash.ytmnd.com/

[ecstatic]

27. well... I don't want a depression. This is so unfair! nt