House Republicans WALKED OUT of the Meeting

[nadinbrzezinski]

if they continue no bill

[MichiganVote]

1. Call their bluff Democrats--they're spineless

[nadinbrzezinski]

2. They are... Pelosi will not bring a partisan bill

[seemslikeadream]

3. my my my

[knowledgeispwr]

4. What a week!

Now we will see if McCain sticks to his word and skips the debate.

[Mist]

5. McLame has just been dissed big time by Frank. His cover of "helping the

economy" (for any who believed it) has just imploded.

[DemoRabbit]

9. Just reported on CNN that McCain's camp is being careful not to say what his position is

figures.

[dmr]

41. He's figuring out a way to claim Obama's position as his own. n/t

[Generic Other]

55. you mean the position where you stick your head up your own butt?

Doesn't need to state the obvious! We all have eyes!

[jjanpundt]

11. I hope they stick to not having a Dem only bailout - it must have

substantial repub support.

[bigtree]

12. remember FISA?

[MindMatter]

23. We don't need a partisan bill. Just walk away. We don't need ANY bill

It is the GOP that needs this bill, not the dems. If the GOP wants to piss around with this, then just walk away. We have everything to gain. They have everything to lose.

[nadinbrzezinski]

25. Read Krugman on this

http://www.nytimes.com/2008/09/26/opinion/26krugman.html?_r=1&pagewanted=print&oref=slogin

[MindMatter]

30. He is wrong. He is just repeating the same lies that Bush uses

There is absolutely no credit crisis. There is not problem getting loans. Banks are LOADED with credit, thanks to the Fed. And Congress has NOTHING to do with liquidity. That is ENTIRELY within the scope of the Fed's powers. Krugman should be smarter than this. But even if really doesn't understand how the credit markets work, he should just pick up the phone and call some business owners.

Show me one well-run, profitable business that is having any trouble getting credit.

Show me a single consumer with a decent credit rating who cannot get a reasonable mortgage.

There aren't any. There is no credit crisis. This is all bullshit. It is all a manufactured crisis.

[nadinbrzezinski]

42. I'll take his words rather thanyours and if they are loaded with

cash, why the high LIBOR rate?

Easy question...you'd have to know what LIBOR is...but that's beside the point

[MindMatter]

48. How much is your line of credit?

Mine is $50 million and my bankers have been calling the past two weeks offering to INCREASE our credit lines. We don't want it. We don't need it. We didn't ask for it. But they gave it to us anyway.

Krugman is a university professor, not a businessman. He should get out more. And you should talk to somebody who knows something before you shoot off your mouth.

[nadinbrzezinski]

62. Whatever, you say... at this point

so what is the LIBOR rate? I noticed you didn't even dodge the question.

Look it up

Free clue, this is NOT your line of credit, it is the INTERBANK lending rate

Now go shoot your mouth off somewhere else

[Cronus Protagonist]

26. DING DING DING

NO to corporate welfare. Let the markets adjust themselves. Bankruptcies and failures are part and parcel of a healthy and vibrant market.

[AntiFascist]

64. I tend to agree, and I wonder if this might be what is going on...

the smaller (relatively) banks and businesses who run their businesses well are the ones who will benefit, and the ones who have taken too much risk are in danger of losing big. The ultra-wealthy may be in danger of losing some of their uberwealth. Have the uberwealthy ever really suffered in the history of mankind?

[ColbertWatcher]

6. What took them so long?

Damn, I was surprised the cowards even showed up to begin with.

[DCKit]

8. Couldn't make their big Drama Queen exit without showing up. n/t

[SoCalDem]

16. Did Boner cry again???

[bulloney]

46. That was exactly my first response when I read the headline.

He's so damned repulsive.

[upi402]

7. they can keep walking

all the way to their off-shore banks

[RB TexLa]

10. Good, adjourn congress and go home.

[Renew Deal]

14. Yup

Put an end to this nightmare.

[MindMatter]

27. Absolutely. If the GOP can't get with Bush, that ain't our problem.

Go home, everybody.

Guess what, when you come back Monday, the world will still be standing. We will learn that there isn't a "credit crisis" at all. This was a manufactured crisis, not a real one. The COP has handed is a huge gift. We can walk away now and if there are any negative consequences, it is the GOP that screwed the pooch TWICE -- in creating the problem and in blocking Bush's solution.

Step back. Pour a nice cold one and watch the Republicans do their own circular firing squad.

[PsN2Wind]

13. The Dems should just walk away from this fiasco

Pelosi and Reid should tell Dubya that if he is unable to get HIS party on board he should not expect the Dems to do it for him.

[nadinbrzezinski]

15. Wrong answer unless you're a betting man

http://www.nytimes.com/2008/09/26/opinion/26krugman.html?_r=1&pagewanted=print&oref=slogin

[PsN2Wind]

17. So you think the Dems should go it alone

and take the hit rather than calling the Repubs bluff and forcing them to share in passing this bill.

[nadinbrzezinski]

22. The Dems will not go at it alone.... Listen to Pelosi

I am no fan, but she was clear on that...no partisan bill

But the longest this takes the worst it will be

the GOP is committing party suicide...but I am not celebrating

[PsN2Wind]

31. Sorry but in the year and eight months that Pelosi has been speaker

she has done very little to make me feel confident in what she says or does. Make the Repubs leaders get their people on board to the tune of a least half their members of the house plus one, then address the issue again.

[riverdeep]

36. I don't trust Pelosi either.

She said forcefully that there would be no off-shore drilling a few months ago, and now look. Ironically, the one time she kept her word was when she said impeachment would be off the table.

[Spritz57]

18. On CNN Ed Gillespie, the Republican Strategist, said

This group of conservative house members are thinking about reclaiming their party and putting party first.

[OmahaBlueDog]

33. Translation: They want to pick up the pieces of the broken party

[iconicgnom]

19. THEN DEMS SHOULD SHOVE IT UP BUSH'S ASS, CROSSWISE.

[bulloney]

47. Then, rotate it!

[Tigress DEM]

20. Don't we have enough of a majority to get it done without them?

Help the people and let the banks sell raffle tickets.

[MindMatter]

28. Why would we want to do that?

The public hates this bailout. It is not addressing any of the problems that affect the average person. It is just a bailout for high-rollers that screwed up big time.

[Tigress DEM]

38. To put every thing in that needs to be done for "Main Street's" economic recovery.

If the thugs want to walk, then the DEMS can put together a plan that saves the people being foreclosed on and gives the banking groups the bill. Their shareholders who have been hanging on like a bunch of vampires get nothing. The people who have been wronged get taken care of.

Maybe if the thugs walk then we just turn it into a mega investigation and freeze assets until we get the truth.

If the thugs want to run away, DEMS could pass an election reform bill instead.

[Gregorian]

21. I found some posts from another forum that really hit home.

They are so right on target it's frightening. Conspiratorial, yes. But true. I still have hope, but what has happened is nothing short of the world's greatest heist.

Bailout will stop any progressive agenda
That's the whole point. Make sure the Democratic administration has no options.
Burn the crops and salt the fields, as you retreat.
And don't forget to poison all the wells, too!!
The problem is we're doing it to ourselves
The dumbfuck Republicans haven't figured out that the government is us.
Repubs think it's THEIR government, not ours!
The republicans act as though America is their house, and they've suddenly realized that we (the people) are possibly coming to repossess it. They are ripping out all the fixtures and most anything having value rather than following American law and any sense of group identity with fellow Americans.

[nadinbrzezinski]

24. And in my view these religious fanatics (free market) are about to

commit party suicide... still I'm not celebrating

[AlphaCentauri]

35. I guess next election will be between the Green and Democratic parties

Republicans should be out of the game by then

[Tigress DEM]

39. You mean those who worship the free market?

Yeah, I always had two thoughts about "free" stuff.

What is the "real" cost?

What do you want for nothing, your money back?

[earth mom]

43. Why are you letting them scare you? You know what these bastards are all about.

Connect the dots. Everything is a lie and has been for YEARS.

They are playing this for all it's worth in order to wring every dime of fear and money out of this they can.

Step back, take a deep breath and look at their history. 911, Katrina, 2 stolen elections and on and on and on.

To believe them now is utter folly. I don't care how much they try and prove their case.

They are lying sacks of shit through and though.

I've said it before but the game plan is totally collapse the U.S. in order to create The North American Union.

Then Bye Bye Constitution

Bye Bye United States of America.

Bye Bye Freedom.

and

Hello Dictator *.

And that is something we should all fear a whole helluva lot more than a credit crisis or whatever the hell they are calling this blackmail.

[dorkulon]

29. This is a setup.

Now John McCain can come roaring to the rescue, convincing the House GOP to approve the bailout in just enough time to skip the debates. Then everyone cheers.

[MindMatter]

32. That's why the right play is to shut down early and go home for the weekend.

McCain can stay "suspended" as long as he wants. And he can duck the debate if he wants. But he sure as hell won't be passing any bills if the Dems go home.

We need to stop feeding this guy. Make him pay for his blunders.

[OmahaBlueDog]

34. I think that gets spun as as "Dems walk away while house on fire"

I agree on making them pay, but walking away won't solve the problem.

[SemperEadem]

40. then the Dems need to reiterate that the house is not on fire...

it's mclame's hair that's on fire.

[TankLV]

37. DO NOTHING!!! GO HOME AND WAIT...

The so-called dem "leadership" better not give us another Iraq War Resolution or Patriot Act...

If they do so, I will NOT be voting for their re-election (Reid is my senator)...

[Kip Humphrey]

44. I smell a set up

Perched over the treacherous waters of public outrage, Pelosi, Reid, Dodd, Frank, and possibly Obama have walked the Bush bailout plank and now that plank is being sawed off by the House Republicans and McCain.

[bulloney]

49. The Repubs are making such outrageous proposals that the Dems cannot accept.

They could conceivably reach no agreement and the Repubs go home and campaign on the theme that the Dems are obstructing their efforts to fix this financial market mess.

[malaise]

51. And if you need proof

Washington Mutual was taken over on a Thursday.

[eowyn_of_rohan]

52. who, exactly ordered this take over of WAMU?

...and basically gave it to JPMorgan? Who controls JP Morgan? I smell something like Carlyle

[malaise]

53. The Feds

Several banks have been taken over this year but never in history has this been done on a Thursday. This is a deliberate attempt to create panic.

[eowyn_of_rohan]

57. but they say "The Feds" Who are they - what are their names?

James F Baker? Dick Cheney?

[malaise]

58. The cabal

Who else could decide to create more panic by doing this on a Thursday.

[eowyn_of_rohan]

59. They are Bush's Hand-picked cronies; The FDIC - look:

The FDIC is managed by a five-person Board of Directors, all of whom are appointed by the President and confirmed by the Senate, with no more than three being from the same political party.

Board of Directors
Chairman Sheila C. Bair
Vice Chairman Martin J. Gruenberg
Director Thomas J. Curry
Comptroller of the Currency John C. Dugan
Director of the Office of Thrift Supervision John M. Reich

[malaise]

60. Duh!

Of course.

Watch DeFazio complete with his poster in the House.

[eowyn_of_rohan]

61. hmmm...I can't find any dirt on any of them

how can this be?

[OakCliffDem]

45. Dupe Delete

[Cessna Invesco Palin]

50. People are only going to support their obstructionism...

...until their own bank fails. People are dumb.

[nadinbrzezinski]

63. Yep... you are so correct it is not even funny

the RNC might be committing party suicide

And they don't even realize it

That's what happens when you have a political ideology verging on religion

[B Calm]

54. Voters look to democrats to clean up republican messes.

[MadHound]

56. Good on them,

I don't care what their political affiliation is, if they're willing to fight back and fight off this god awful fucked up bailout, I will support them in their efforts. Hopefully they will continue the fight until this travesty of a plan is dead.