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wundermaus Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-25-08 05:38 PM
Original message
Bush's bailout
 
Run time: 03:22
https://www.youtube.com/watch?v=N3dMWRUBlz4
 
Posted on YouTube: September 25, 2008
By YouTube Member:
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Posted on DU: September 25, 2008
By DU Member: wundermaus
Views on DU: 309
 
Question for you to answer below.....
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NOW questions for today- answer in the comments:
1. The bailout has been approved - watcha gonna do about it?

2. What could Washington have done differently?

3. With McCain and Obama walking lockstep on this issue, do any of you see a major difference between the two of them? I mean, yes, Obama is more handsome, but other than that....

4. Economic predictions based on todays action?

5. Political predictions based on todays action?

6. WHEN will American rise up and take to the streets?

INTRO TODAY by
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droidamus2 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-25-08 06:37 PM
Response to Original message
1. Tinfoil hat scenario
Admittedly this scenario is a little out there but it came to me while watching Lou Dobbs. If I understand how Carl Rove works he gets the public and the opposition to buy into his framing of a subject at which point he has his attacks and responses all setup.
Here is my scenario.

1) Bush crony Paulson comes out with a 'the sky is falling' statement
2) Bush and Paulson come out with the 'framing' that this must be a government bailout and done quickly.
3) Democrats buy in to the framing but want to go more slowly, Republicans pretend to buy in.
4) Democrats put forward a bill or bills that basically go along with Bushes 'desire' for a government bailout with added CEO compensation control, regulation, oversight and something for Main street.
5) At this point the Republicans who have been laying low come out with a plan that is purely market driven and privately financed and in no way like Bushes big government bailout.
6) They get all their big guns on the talk shows, put all the pressure they can on the media and get the public strongly behind their plan which the Democrats then fill they have to pass to get at least a small amount of credit for the solution and Bush signs with 'reservations' and bending to the will of the American people.

Now it doesn't matter if the Republican plan will work as it is only there to help them politically until the election is over. What they have done is set the Democrats up. They can say 'see the Democrats are the ones that are on Bushes side they presented Bushes bill. They can say see these are those bad 'big government' Democrats we keep warning you about that just want to throw your tax dollars at every problem. Finally they can say, 'see we don't need regulation or big government free market capitalism will take care of it all'. They have thus put the Democrats as the entrenched party, connected to Bush and they are the outsiders and change agents that actually get something done.

Again admittedly this scenario is way out there but I don't trust Bush, McCain and the Republicans as far as I could throw them and it wouldn't surprise me if they tried something this convoluted.
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