September 29, 2008
As much as I hate huge government interventions, I've been convinced that this is necessary in some form. Unfortunately, 2/3rds of the Republicans and 1/3+ of the Democrats voted against it.
Possible reason for the massive Republican opposition? Worst congressional leadership ever:
From a GOP source.."Pelosi's partisan speech has caused our members to go berserk and may cost us any remaining chance to pass the bill."
The DOW is down around 500 pts right now.
Posted by: Moron Pundit at
01:22 PM
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Posted by: It's Vintage, Duh at September 29, 2008 01:48 PM (mv8F7)
As a non-stockholding fiscal conservative plan whose retirement is so far in the future that he doesn't care if the stock market goes down a few hundred points, I must say EPIC WIN.I shouldn't try to do things.
Posted by: It's Vintage, Duh at September 29, 2008 01:52 PM (mv8F7)
Well, I must admit a part of me rejoices but some aid to liquidity would do wonders for the economy in the short - medium term. I'd like it best if Fannie/Freddie were completely demolished along with.
I'll put it this way. They probably should pass something but I'm not too excited about it either way.
Posted by: Moron Pundit at September 29, 2008 02:06 PM (83gRI)
I'm going to stick by my conservative guns here and say "huzzah!" for now. I'm not all convinced that the short-term benefits outweigh the potential long-term drawbacks of a buyout, much less the precident it would create.
Posted by: conservativeinthecity at September 29, 2008 02:10 PM (i3tSP)
I have to say, I'm really really surprised by this. Happy, yes, but nearly in shock that the House conservatives have held their ground so fiercely.
Ok, now ... both Paulson and Bernacke should resign immediately. Bush needs to get his head out of his ass and try working with some actual fiscal conservatives for once.
I have tons more thoughts bouncing through my head, but need to catch up on the last two hours of news.
Posted by: Hermit Dave at September 29, 2008 02:16 PM (WhFvm)
Posted by: alexthechick at September 29, 2008 02:25 PM (SHHaV)
Posted by: conservativeinthecity at September 29, 2008 02:35 PM (i3tSP)
Posted by: Bandit at September 29, 2008 02:45 PM (/R+6i)
Posted by: XBradTC at September 29, 2008 02:46 PM (kFCl5)
Posted by: eddiebear at September 29, 2008 02:48 PM (wnU1W)
Posted by: eddiebear at September 29, 2008 02:50 PM (wnU1W)
One thing I hadn't looked into yet was my Congressman and his position on this. I recently relocated to a new district and hadn't got around to doing my pre-election research until today. Turns out my Congressman is Issa. That's great, as it gives me an actual reason to go to the polls, because he's one of the House conservatives whose been leading the charge against this bailout.
I sent him an email of thanks and suggest that others who have good House members do the same with their representative. Representatives tend to get a lot of complaints, so some positive reinforcement is in order when they do something you like.
Posted by: Hermit Dave at September 29, 2008 02:53 PM (WhFvm)
Posted by: alexthechick at September 29, 2008 03:00 PM (SHHaV)
alex, the idea of a woman wearing those boots pitching over onto her back also appeals to me... for... some reason...
...
...
a purely innocent reason, I'm sure.
Posted by: Moron Pundit at September 29, 2008 03:07 PM (83gRI)
Posted by: conservativeinthecity at September 29, 2008 03:13 PM (i3tSP)
Heh, Dow finished down 777 ... Jackpot! Sorry, used to live in Vegas and that's a big winner on certain kinds of slots.
Er, and on-topic .... I'm all for sexy boots! Who cares if they're functional or not? On the other hand, it looks like Posh is already leading the zombie invasion ... damn, she looks like waxed shit.
Posted by: Hermit Dave at September 29, 2008 03:32 PM (WhFvm)
Posted by: Frank G at September 29, 2008 08:11 PM (P0rQD)
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