will only cost you $25,000 out of next years wages.................................:D

Newt is right.

Do the deal like Newt says.

NO DEAL!

700 billion divided by 300 million = 2333.33

This wasn't a 7 trillion dollar deal was it?

Lindsey Graham just reported that the Dems were trying to include a provision in the bill to give 20% of the money to ACORN.

Lindsey Graham just reported that the Dems were trying to include a provision in the bill to give 20% of the money to ACORN.

http://michellemalkin.com/2008/09/25/kill-the-bailout-more-acorn-funding/

Kill the bailout: More ACORN funding?!
By Michelle Malkin • September 25, 2008 10:26 PM

Just heard from several readers that Lindsay Grahamnesty told Fox that the Mother of All Bailouts includes a reported $100 million more in funding for the left-wing housing entitlement thugs and heavily tax-subsidized fraudsters at ACORN. Under the original bailout proposal, apparently, a large portion of any repayment of the $700 billion would go to Barack Obama’s good friends at ACORN with a smaller allocation to debt repayment. Readers heard him say it was 20 percent.

Told you not to trust Hank Paulson.

And I repeat: Fiscal conservatives need to be looking out for us tonight as they try to ram this thing through with a plethora of goodies for liberal shakedown artists.

http://michellemalkin.com/2008/09/25/kill-the-bailout-more-acorn-funding/

Kill the bailout: More ACORN funding?!
By Michelle Malkin • September 25, 2008 10:26 PM

Just heard from several readers that Lindsay Grahamnesty told Fox that the Mother of All Bailouts includes a reported $100 million more in funding for the left-wing housing entitlement thugs and heavily tax-subsidized fraudsters at ACORN. Under the original bailout proposal, apparently, a large portion of any repayment of the $700 billion would go to Barack Obama’s good friends at ACORN with a smaller allocation to debt repayment. Readers heard him say it was 20 percent.

Told you not to trust Hank Paulson.

And I repeat: Fiscal conservatives need to be looking out for us tonight as they try to ram this thing through with a plethora of goodies for liberal shakedown artists.Dude. This is CRIMINAL. These people need to be hung from the nearest tree. The sheer gall of this is earth shaking.

Are the Democrats deliberately trying to queer the deal by loading it with poison pills?

700 billion divided by 300 million = 2333.33

This wasn't a 7 trillion dollar deal was it?

I am not that literal,silly but you get the point............................

The rest of that blog entry:

http://michellemalkin.com/2008/09/25/kill-the-bailout-more-acorn-funding/

ACORN has been organizing protests across the country while maneuvering for their next handout.

Meanwhile, the watchdog Consumer Rights League testified on the Hill this week about rampant ACORN fraud:

James Terry, Chief Public Advocate for the Consumers Rights League, today testified at a joint House Administration and House Judiciary Committee oversight hearing on “Federal, State and Local Efforts to Prepare for the General 2008 Election,” where he highlighted “corruption at every level of ACORN including embezzlement, cover-ups, misuse of taxpayer funds and voter fraud.” An excerpt of his testimony follows:

James Terry, Chief Public Advocate, Consumers Rights League:

“ACORN routinely says it will clean up its act. Yet, given its decade-long history of voter fraud, embezzlement, and misuses of taxpayer funds, ACORN’s pattern of fraud can no longer be dismissed as a series of ‘unfortunate events.’

“The problem of voter registration fraud raises serious questions for this committee, and the Consumers Rights League appreciates that the right questions are being asked.

“Here are the most important questions right now: We know about the thousands of potentially fraudulent voter registration cards turned in by ACORN and caught by officials. But given the size of ACORN’s efforts and the fact that the abuses appear to be systemic, we believe it is fair to question how many more fraudulent registrations have not been discovered, Furthermore, as this mega organization with a decades long history of violating the law is turned to get out the vote efforts, we believe it is fair to question how many fraudulent registrations may lead to fraudulent votes or what other activities they are willing to undertake to influence the election.

“These are serious questions, especially in light of recent election results which show that a just few votes can change the outcome of an election, the course of our country and the course of history.
“While we do not presume to tell this committee how to address this problem, we respectfully submit that our nation’s election system is facing a concerted campaign that raises serious issues that merit the committee’s oversight and attention.”

And fresh out of Florida this week:

Two suspicious Seminole County voter registration cards became a flash point Wednesday in the Republican effort to suggest the community group ACORN is committing fraud in its historic Florida get-out-the vote efforts.

An ACORN spokesman said the group spotted what appeared to be forged registration cards weeks ago and fired a worker over them. Seminole’s election chief, Mike Ertel, said he was still “tremendously concerned,” but stopped well short of calling the incident “fraud.” The Republican National Committee, though, levelled the accusation and blasted the housing and wage advocacy group in a nationwide conference call with reporters, saying this wasn’t an isolated incident.

In Orange County, ACORN staffers submitted multiple, duplicate registrations on behalf of six separate voters this summer. One individual had 21 duplicate applications. Election Supervisor Bill Cowles and his staff protested, noting in a June memo that ACORN had been submitting sloppy forms as well.

ACORN, or the Association of Community Organizations for Reform Now, changed procedures, disciplined some staffers and improved relations with Orange. ACORN has signed up 135,000 new Florida voters since January in just three counties: Orange, Broward and Miami-Dade.

That’s a fifth of all new voters. More than 58 percent are Democrats, who now outnumber Republicans by almost 500,000 voters — providing Barack Obama a potentially crucial edge in the neck-and-neck race in Florida.

I think we just need go back and use a tried and true solution, one that countries have been using for years when they needed to raise funds - and was extremely popular 200 years ago.

Sell Alaska.

Put it on eBay.

I think we just need go back and use a tried and true solution, one that countries have been using for years when they needed to raise funds - and was extremely popular 200 years ago.

Sell Alaska.

Put it on eBay.

Are you kidding me? Alaska has value-
We should sell San Fransisco.

Are you kidding me? Alaska has value-
We should sell San Fransisco.



I could almost go for that.

I think we just need go back and use a tried and true solution, one that countries have been using for years when they needed to raise funds - and was extremely popular 200 years ago.

Sell Alaska.

Put it on eBay.No; our stupid government would just buy it back for $2.3 Trillion.

Lol+100

Two thoughts:

1. Why aren't the Dem/libs on this forum outraged by the poison pills being inserted into the bill?

2. Obama is going to win the election due to voter fraud perpetrated on a massive scale by ACORN. But hey, whatever it takes, right?

I am appalled at both sides... But, yes very much at the stupid Democrats on this one.

It is interesting, it appears that McCain is coming in attacking the bill. How this plays out could change a lot about the election. I think that most people like the idea of waiting, and McCain is banking on that - hold up the bill, hope that the markets don't collapse, maybe find a better solution and he gets to keep the 'maverick' badge.

A lot to gamble. Since currently he is blocking the bill, hopefully the gamble pays off, because I think we will be going the way he wants us to on this one, I think he has enough votes to make things difficult for anything else to happen.

I think that they should work on a bill with no riders (ACORN is awful - good concept, but like all good ideas in congress, once money and power gets involved, things head south quickly).

Oh, and as far as this Dem/lib (I thought we weren't going to label people that way...) I really don't understand finances, I might understand the Bush Doctrine, but the economy, wow - no way. That is why I don't just jump in on the economy stuff.

I actually think selling assets might work (that shows you what i know). Or maybe we could use our military as a mercenary service - "Rent the Marines for a month - only 10 billion dollars".

Mostly what I know is that the government obviously doesn't run their finances like I do - pay as you go.

I am appalled at both sides... But, yes very much at the stupid Democrats on this one.

It is interesting, it appears that McCain is coming in attacking the bill. How this plays out could change a lot about the election. I think that most people like the idea of waiting, and McCain is banking on that - hold up the bill, hope that the markets don't collapse, maybe find a better solution and he gets to keep the 'maverick' badge.

A lot to gamble. Since currently he is blocking the bill, hopefully the gamble pays off, because I think we will be going the way he wants us to on this one, I think he has enough votes to make things difficult for anything else to happen.
Where did you get this information? It's NANCY PELOSI who's blocking the bill. Reid has sufficient votes in the Senate to override a filibuster, and Pelosi has plenty of votes in the House to pass this. Pelosi has refused to pass this PORK-LADEN bill, which also includes $51 million for Vice Presidential candidate Joseph Biden pet projects, until she gets political cover from the Republicans. In other words, she doesn't want this to be just a Democrat bill.

McCain can't actually block this bill. It's true that he offered an alternative, but he was slapped down immediately by the Democrat named Hank Paulson, who retorted that McCain's idea wouldn't work. So much for bipartisanship, eh?

All I heard the last 5 years is that we "rushed into war," that we "didn't take the time to gather sufficient intelligence before we invaded Iraq," and now everybody on that same left side wants us to ramrod a half-assed bailout bill through behind closed doors without properly vetting it?

OH THE HYPOCRISY.

See, this is why I don't talk here -I really don't understand this stuff...

I got the Republican blocking thing from 2 places...

http://news.yahoo.com/s/ap/20080926/ap_on_bi_ge/financial_meltdown

and

http://finance.yahoo.com/tech-ticker/article/73110/McCain's-Brilliant-Play-Bets-Presidency-on-Blocking-Bailout-Deal?tickers=

And now I will go away, tail tucked between my legs...

See, this is why I don't talk here -I really don't understand this stuff...

I got the Republican blocking thing from 2 places...

http://news.yahoo.com/s/ap/20080926/ap_on_bi_ge/financial_meltdown

and

http://finance.yahoo.com/tech-ticker/article/73110/McCain's-Brilliant-Play-Bets-Presidency-on-Blocking-Bailout-Deal?tickers=

And now I will go away, tail tucked between my legs...Why don't you just recognize that your boys (including Nancy Pelussolini) are nothing but corrupt fatcats stealing tax money from the citizens of this country while posturing for the cameras, and come on over to the right wing where you belong...

Resistance is futile. ;)

Well, mostly I feel like I don’t belong anywhere – assimilation may be required…;)

I can’t possibly align myself with a party that wants to strip away at the constitution for “my own good” (quotes and italics indicating sarcasm this time Foss). But, it is harder and harder to support a party that is so corrupt and although talks a good line, goes into congress and does exactly the opposite.

So, I go with voting to keeping more of my rights intact. A matter of priorities I guess.

Well, mostly I feel like I don’t belong anywhere – assimilation may be required…;)

I can’t possibly align myself with a party that wants to strip away at the constitution for “my own good” (quotes and italics indicating sarcasm this time Foss). But, it is harder and harder to support a party that is so corrupt and although talks a good line, goes into congress and does exactly the opposite.

So, I go with voting to keeping more of my rights intact. A matter of priorities I guess.
Depends on which rights you're talking about. I know you care about your guns...

Well, the second amendment is certainly in my top three…

However, the third amendment – they could just repeal that one.

I feel it is my patriotic duty to house soldiers, young, strong, handsome, tall, American soldiers, whenever called upon. My spare bedrooms are theirs, my glassed-in shower is theirs. Whenever the country needs to call on me for this, I’ll be there. Heck, even on short notice, like this weekend, I will make this sacrifice for my country.:)

Well, the second amendment is certainly in my top three…

However, the third amendment – they could just repeal that one.

I feel it is my patriotic duty to house soldiers, young, strong, handsome, tall, American soldiers, whenever called upon. My spare bedrooms are theirs, my glassed-in shower is theirs. Whenever the country needs to call on me for this, I’ll be there. Heck, even on short notice, like this weekend, I will make this sacrifice for my country.:)
As many as they can squeeze into your bedroom at a time, right? :p

Whoa that took a turn................................

whoops - sorry mr garage - a bad case (once again) of the Friday afternoon friskies...;)

sometimes conversation takes a 180 and if I am not ready my brain slams into a wall.................LOL

Pelosi calls Republicans unpatriotic (http://hotair.com/archives/2008/09/27/video-pelosi-calls-house-gop-unpatriotic/comment-page-1/#comments) for not coming to the table...

So Nancy, when you adjourned Congress without allowing a vote on drilling, and went on a 5-week vacation so you could promote your stupidly failed book, did that make you a traitor?

I dont really know all the details, but from what I have heard, the bailout plan is frought with problems and risks. Risks that pretty much the taxpayer is only liable for.

I realize we need to do something. But after 7 years of GW, how much further in debt can our country go?

http://s.wsj.net/public/resources/images/SJ-AD302_28LEDE_NS_20080926214835.gif

Let me float a thought.

What if we bought the bad mortages from these companies. ALL past due mortgages. We buy them for 80% of what the actual cost to the company is. Not interest, fees, etc... 80% of the actual cost.

Now... We put those mortgages into a holding company. We tell the mortgage holders their mortgage has just restarted for the amount they actually owe (again, no penalties, fees, etc) - and they have a 2% interest for 5 years, at which time the interest will go to a fixed amount - x points above prime, or whatever. Something reasonable.

Those properties that still end up in foreclosure, we sell to local municipalities for half the cost or something like that so they maintain them, redevelop them, whatever.

Now, im no economist or banking expert, but I would guess, if the federal govt did end up losing any money, it would be reletively minimal. In the meantime, local governments would benefit, money would be put back into the system, the companies wouldnt profit from their bad decisions and the people might just be able to keep their homes.

What am I missing here? There has to be something im missing.

Joey, the Republicans tried to introduce alternatives similar to yours. What you have to realize is that Nancy Pelussolini, Bush, Paulson, and Dingy Harry have tried to ramrod their own bill through with bullying tactics, the hell with any ideas from the Republicans. This strongarm tactic has backfired on them.

fossten I like you, again I don't know much about politics, but I learn alot from your posts you keep me informed on things I might have missed.
Thank you for that

Anytime, pal. You're very kind.

keep me informed on things I might have missed.



Here, let me further inform you.

Democrats are responsible for the bailout mess. (http://www.youtube.com/watch?v=_MGT_cSi7Rs)

Two thoughts:

1. Why aren't the Dem/libs on this forum outraged by the poison pills being inserted into the bill?

2. Obama is going to win the election due to voter fraud perpetrated on a massive scale by ACORN. But hey, whatever it takes, right?


1) As Foxpaws noted, for every "Dems are poisoning it" story, there's a "Reps are poisoning it" one. Makes me believe that the gov and its corruption on both sides of the aisle is simply taking money from the taxpayers hand-over-fist. Dem or Rep, we're screwed in this deal, though one side might use lube.

2) So there is it, Obama wins; it's because he cheated.

1) As Foxpaws noted, for every "Dems are poisoning it" story, there's a "Reps are poisoning it" one.

Actually, her "proof" was nothing more then Democrat propaganda masarading as "news", and based more on speculation and spin then actual facts.

Weather you wanna face it or not, the only "poisining" of this bill is coming from the left, it just isn't getting covered by the MSM (by and large), as usual.

Not that the Republican's are on the side of the angels, but at least in recent history, for every incedent of republican corruption, you can find at least 10 incedents of democrat corruption. The big difference is how the MSM covers it. They are overly aggressive in holding Republican's feet to the fire, often exagurating and even manufacturing charges against Republicans (the Lott comment at Thurman's birthday, Valarie Plaime, Bush's National Guard History, etc., etc.). When the Democrats exhibit corruption and/or abuse their power, the media covers for them (William Jefferson, Clinton/Lewinsky, Kerry/Swiftboaters, Obama's Chicago political ties, etc., etc.).

Macaca! Macaca! Macaca!

will only cost you $25,000 out of next years wages.................................:D

well....that sucks

Here, let me further inform you.

Democrats are responsible for the bailout mess. (http://www.youtube.com/watch?v=_MGT_cSi7Rs)



The bailout compromise comes after House Republicans revolted against Treasury Secretary Henry Paulson's initial proposal, which they complained was too costly and would cede too much power to the government. Their opposition to the pact derailed what Democrats, the White House and Senate Republicans believed was a preliminary deal on Thursday, forcing the negotiations to begin anew.


Thats from the Wall Street Journal
http://online.wsj.com/article/SB122257682963083173.html?mod=special_page_campaig n2008_mostpop


Your link means nothing since its a bunch of comments with no context.


.

The bailout compromise comes after House Republicans revolted against Treasury Secretary Henry Paulson's initial proposal, which they complained was too costly and would cede too much power to the government. Their opposition to the pact derailed what Democrats, the White House and Senate Republicans believed was a preliminary deal on Thursday, forcing the negotiations to begin anew.

Actually, it was the Democrats and Obama himself (http://www.spectator.org/blogger.asp?BlogID=14879) who derailed that meeting...

When Sen. Barack Obama was given the floor to speak during White House negotiations, according to White House aides, he did so raising concerns about a House Republican alternative to the Paulson/Bernanke $700 billion bailout. But those concerns weren't necessarily his, as he was not aware of the GOP plan before reviewing notes provided him by Paulson loyalists in Treasury prior to entering the meeting.

According to an Obama campaign source, the notes were passed to Obama via senior aides traveling with him, who had been emailed the document via a current Goldman Sachs employee and Wall Street fundraiser for the Obama campaign. "It was made clear that the memo was from ‘friends' and was reliable," says the campaign source.

The memo allowed Obama and his fellow Democrats to box in Republican attendees and essentially took what President Bush had billed as a negotiating meeting off the rails.

"Paulson and his team have not acted in good faith for this President or the administration for which they serve," says a House Republican leader who was not present at the White House meeting, but who instead is part of the team hammering out the House GOP alternative. "We keep hearing about how Secretary Paulson is working with Democrats on this or that, yet he never seems to consider working with the party that essentially hired him. Perhaps he's auditioning for a Democratic administration job. Our proposal didn't just spring forth fully formed; we've been working on this for several days, and Treasury staff has known about it."

This (http://campaignspot.nationalreview.com/post/?q=MDBmZTg4NDVkNGIwZWI4ZTkyNTg0ZWEwMDdjYjAyZjE=) brief article sums up the fallacious and disenginuous smokescreen that the Democrats and the MSM have thrown up about this...

Democrats Blame McCain for Why Their Majority Can't Find a Majority of Votes

ABC News' interpretation of things:

Sen. John McCain may or may not have broken the bailout bill — and surely he didn't do so all by himself.

But he owns it now.

In the battle over perceptions, it really is this simple: There was a deal before McCain came back to Washington. There was not a deal by the time the evening ended. And now there might not be a bill — or a first presidential debate Friday in Mississippi.
Wait a minute. The House Republicans were never on board. And you don't actually need their votes to pass this bill; the holdup is that the House Democrats are terrified of having sole responsibility for the bill.

What changed between yesterday afternoon and evening is that the Democrats position changed from "we're comfortable passing the bill without many House GOP votes" to "we're NOT comfortable passing the bill without many House GOP votes."

How is that John McCain's fault again?

Obama said McCain "injected presidential politics into delicate negotiations." How? By showing up to vote on legislation?

Notice that they never explain how John McCain, simply by arriving inside the Beltway, somehow broke up a consensus that was there earlier in the day. If McCain had come in and persuaded people to oppose the bill, it would be a different story. But the message of Pelosi, Reid, Dodd and Obama is, "McCain is here, so it must be his fault."

Ill stick with the Wall Street Journal and their story.

Ill stick with the Wall Street Journal and their story.

That's suprising.:rolleyes:

That's suprising.:rolleyes:



Why? Are they not credible now?

Actually, her "proof" was nothing more then Democrat propaganda masarading as "news", and based more on speculation and spin then actual facts.

Weather you wanna face it or not, the only "poisining" of this bill is coming from the left, it just isn't getting covered by the MSM (by and large), as usual.

Not that the Republican's are on the side of the angels, but at least in recent history, for every incedent of republican corruption, you can find at least 10 incedents of democrat corruption. The big difference is how the MSM covers it. They are overly aggressive in holding Republican's feet to the fire, often exagurating and even manufacturing charges against Republicans (the Lott comment at Thurman's birthday, Valarie Plaime, Bush's National Guard History, etc., etc.). When the Democrats exhibit corruption and/or abuse their power, the media covers for them (William Jefferson, Clinton/Lewinsky, Kerry/Swiftboaters, Obama's Chicago political ties, etc., etc.).

Her two links aren't they only ones.

Blame the MSM.

1 for every 10? Come on now, a little righteous there don't you think?

Why? Are they not credible now?

If they disagree with the Right, then they obviously aren't. Seems to be the trend in here.

Needless to say – it does seem very reminiscent of FDR.

But, more importantly, doesn’t it seem like the Bush administration is trying really hard to cover something up by pushing this bill down every ones’ collective throats? They have their pit bull of the moment, Cheney, making calls. Heck, they don’t even seem too concerned that the Dems are dovetailing all sorts of crap on the backside.

Why would a Republican administration be pushing for ‘New Deal’ type legislation?

What aren’t they telling us?

If they disagree with the Right, then they obviously aren't. Seems to be the trend in here.

Another intentional mischaracterization.:rolleyes:

the MSM doesn't have much credibility at all when it comes to issues that breakdown along conservative/liberal lines.

Her two links aren't they only ones.

no, but most all the other articles parroting the same view are also based more on speculation and spin then actual facts, and effectively nothing more then echoing democrat propaganda.

Blame the MSM.

Even though you love to downplay and ignore the role that the MSM plays, it has a profound effect. Republican's (especially at the national level) cannot get away with corruption due to the MSM while Democrats can due to the MSM.

It is accurate to blame the MSM for their blatant double standard.

Needless to say – it does seem very reminiscent of FDR.

But, more importantly, doesn’t it seem like the Bush administration is trying really hard to cover something up by pushing this bill down every ones’ collective throats? They have their pit bull of the moment, Cheney, making calls. Heck, they don’t even seem too concerned that the Dems are dovetailing all sorts of crap on the backside.

Why would a Republican administration be pushing for ‘New Deal’ type legislation?

What aren’t they telling us?I see several possibilities. Bush is not an ideologue - never has been. He's interested in one thing at this point: protecting his legacy for 3 more months.

The LA Times reports that a Treasury staffer this week admitted that they came up with the $700B number out of thin air, because they were just trying to think of a big number.

Congress is so infested with greedy partisans they can't see straight. They just can't help themselves, Rep or Dem, from trying to get what they can out of the bill. They hate each other so much they don't want to work together. And they're so ideologically apart that they can't agree on the best method to solve this problem, so they try to compromise, and what ends up is the same crap sandwich with some ketchup added.

Nancy Pelosi is, simply and utterly, incompetent. She has no conception of party discipline. She can't even control her own caucus. More Dems voted against this bill than Republicans. Back in the 90s the Reps had Tom Delay, who was nicknamed the Hammer. Whatever you thought of him, he was effective at getting the Reps whipped up to vote for passage. Nancy has no such ability. She's the worst Speaker of the House in history.

The Democrats voted against the bill because the polls oppose the bill and they don't want to be stuck holding the bag in an election year.

Putting all this together, I think if this was such an emergency, Congress would have gotten off its collective ass and done something. The fact that they fooled around like this indicates the trouble isn't as bad as they originally said it was. Time will tell.

Im not that political simply because of my backround of having to follow no matter what I felt. But it seems to me that its time to kill em all and start new. Just my .02.










gotta go now some secret service guy is here LMAO

I do know wall street may just be about to rip itself apart. I for one am stocking up for the chaos



Stocks were down more than 700 points after the announcement. Surprisingly, the bond market is holding steady, but that may soon change once the word spreads more.

This is the biggest drop since 9/17/2001, when the stock market reopened after the 9/11 attacks.

So, in some odd, roundabout way you are backing the Dems in this Foss - they aren't voting 'yes' because they aren't convinced it is the right thing to do (or are afraid of the polls - either way, same result, it didn't pass) - isn't that what you wanted Congress to do?

So, in some odd, roundabout way you are backing the Dems in this Foss - they aren't voting 'yes' because they aren't convinced it is the right thing to do (or are afraid of the polls - either way, same result, it didn't pass) - isn't that what you wanted Congress to do?
Nice attempt at spin, but actually, the Dems are backing their constituents in this. My representative, Yarmuth, who is normally quite the liberal little weasel, voted against the bill. So actually I can claim that the Dems are backing me.