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I would like to personally think House Republicans for doing what I stupidly expected Dems to do

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Political Heretic Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-26-08 09:08 AM
Original message
I would like to personally think House Republicans for doing what I stupidly expected Dems to do
Oppose the largest bailout in the history of the country....

...with no regulation on the unprecedented power given to the federal reserve (and by extension the executive)

...with no oversight role established for Congress

...with no requirements of accountability for CEOs and Execs of failed institutions or institutions accessing bailout money

...with no requirement that Wall Street do anything whatsoever to carry any tiny piece of the burden for their own totally preventable blunders due to their excess and foolish, reckless actions.


And instead dare to suggest that perhaps WALL STREET ought to share responsibility and cost for getting itself out of its own mess.
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sinkingfeeling Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-26-08 09:11 AM
Response to Original message
1. Two things: the Dems are requiring all of the things you listed and the House Repubs plan is
basically more-of-the-same. They want the bailout to come from 'private sources', i.e. foreign investors buying up America and to DEREGULATE more of the financial industry and give even more tax breaks to those who participate.
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napi21 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-26-08 09:16 AM
Response to Reply #1
8. What I heard this AM on Hartmann is that Boehner and the other Pubs
in HIS crowd want an "insurance policy" where all the banks would have to buy a policy BUT the Feds would be the insurer. In other words, it's the same damn plan by a different name and the taxpayers would still be on the hook!
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Political Heretic Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-26-08 09:20 AM
Response to Reply #8
16. Hartmann had THE best suggestion for addressing this crisis.
0.25%

Learn it. Live it. Love it.
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napi21 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-26-08 09:35 AM
Response to Reply #16
20. Yes 1/4% tax on all WS trades. That was actually Bernie Sanders
suggestion. Apparently they have a tax like that in at least some european contries already. It would solve several problems at once too.
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Political Heretic Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-26-08 09:19 AM
Response to Reply #1
14. Except that its a "kinder, gentler" bailout... and still a bailout.
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leftofcool Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-26-08 09:12 AM
Response to Original message
2. You expected Pelosi/Reed to require
accountability from WS execs? Hell, they won't require accountability from Bush
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Political Heretic Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-26-08 09:19 AM
Response to Reply #2
12. No.... not really I didn't. But it still hurts every time they reaffirm what fuckhats they are.
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leftofcool Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-26-08 09:20 AM
Response to Reply #12
17. Me too and I had such high hopes
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halfstep Donating Member (58 posts) Send PM | Profile | Ignore Fri Sep-26-08 09:13 AM
Response to Original message
3. Slow down buddy...they have an ulterior motive..
there is not an altruistic bone in Boehners body so just watch and wait...they have no one but their own hides in mind to protect
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Political Heretic Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-26-08 09:15 AM
Response to Reply #3
7. I don't care. I'm not thanking them for anything other than saying the right thing yesterday.
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halfstep Donating Member (58 posts) Send PM | Profile | Ignore Fri Sep-26-08 09:40 AM
Response to Reply #7
21. but if their goal
is to pass the bailout anyway?..thats all i'm saying...if this bill dies totally (yeah right) then i'll thank them but i am not holding my breath
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still_one Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-26-08 09:13 AM
Response to Original message
4. screw the repukes. They are protecting shit. Maybe you don't know what
the Democratic plan is, but it wasn't a "bailout"

The repukes aren't doing sqwat

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Political Heretic Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-26-08 09:18 AM
Response to Reply #4
10. YES. It WAS a bailout.
It was a kinder, gentler bailout with more "oversight"

:eyes:

I'm not suggesting the House Republicans would actually DELIVER anything better. Of course not. But it was just funny yesterday that THEY had the points or criticism (whether they meant them or not) while the Dems looked like morons.
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still_one Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-26-08 09:19 AM
Response to Reply #10
13. That is your view, I beg to differ /nt
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Political Heretic Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-26-08 09:21 AM
Response to Reply #13
18. It is the reality-based view.
Since it doesn't actually require that much effort to read democratic congressmen describing their alternative proposal saying exactly what I said.
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WhiteTara Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-26-08 09:13 AM
Response to Original message
5. it didn't fly because they want a
two year moratorium on capital gains tax
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PA Democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-26-08 09:14 AM
Response to Original message
6. The Republicans are no heroes in this. Their plan is for more tax cuts and more deregulation.
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Political Heretic Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-26-08 09:16 AM
Response to Reply #6
9. I didn't say they were. I simply am glad someone said something true and wish it would have been us
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gravity Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-26-08 09:18 AM
Response to Original message
11. The Dems are saving the economy from the republicans
They are picking up the bill, like in past times. This is nothing new here
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spanone Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-26-08 09:20 AM
Response to Original message
15. the dems have changed the bailout program..
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Dawgs Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-26-08 09:22 AM
Response to Original message
19. That's like thanking Bush for finally ending a failed war that he created.
But, here you are thanking them for proposing something that the Dems have proposed themselves.

Who do you blame for this mess, Clinton?
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