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LuckyTheDog Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-25-08 06:42 PM
Original message
ABC: McCain may have screwed everyting up!
What a STUPID stunt!

http://blogs.abcnews.com/politicalradar/2008/09/stephanopoulo-6.html

ABC News' George Stephanopoulos Reports: Treasury Secretary Henry Paulson fears the Wall Street bailout deal is falling apart after a chaotic White House meeting, sources say.

Paulson walked into the room where Democrats were caucusing after today's meeting at the White House and pleaded with them, "Please don't blow this up."

Rep. Barney Frank, D-Mass., chair of the House Financial Services Committee was livid saying, "Don't say that to us after all we've been through!"

House Speaker Nancy Pelosi said, "We're not the ones trying to blow this up; it's the House Republicans."

"I know, I know," Paulson replied.


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whistle Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-25-08 06:44 PM
Response to Original message
1. Paulson threatened the democrats? As Secretary of the U.S. Treasury
...Paulson was totally out of line crashing a caucus meeting
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dysfunctional press Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-25-08 06:52 PM
Response to Reply #1
8. "threatened"???...he was "pleading" with them...
pleading generally isn't too threatening.
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whistle Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-25-08 07:25 PM
Response to Reply #8
19. The way rePugliCons do it it is
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IndyOp Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-25-08 06:45 PM
Response to Original message
2. I hope that he blew it up - I think Bernie Sanders may be right that this is a trap
for Dems who feel pressured to vote for something and then just enough Rethugs vote for it so that it passes and the Republicans can then claim that the Dems have done something stupid.

Dems shouldn't pass anything unless it contains EVERYTHING that they want -
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whistle Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-25-08 07:26 PM
Response to Reply #2
20. It is a trap, for the democrats and for the American people
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trueblue2007 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-25-08 09:06 PM
Response to Reply #2
24. The MORONS who commented on that website!!!! Did you read them???
Those idiots WANT the banks to fail. So "they" can rebuild.


Gees, some people should be shot.
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HamdenRice Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-26-08 04:36 AM
Response to Reply #24
25. How is that any different from most DUers who think a depression would be a good thing? nt
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maxsolomon Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-25-08 06:45 PM
Response to Original message
3. so basically, paulson is asking the grownups
to save us from his own party's stubborn intransigence.

time to grow a pair, hank - call out your boss's minions.
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dysfunctional press Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-25-08 06:49 PM
Response to Original message
4. he's a maverick, that one...
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jazzjunkysue Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-25-08 06:50 PM
Response to Original message
5. OK. Tell me I'm wrong, but, I think the GOP is right: This bailout stinks to high heaven.
I'm glad it's falling apart,and I don't care why.

But, the funny thing is, B*'s administration is force feeding this so hard, and the GOP is FINALLY waking up to save the country.

They're not going to let the chimp raid the treasury.

They're not doing it to save Gramps: I think alot of them want him to fail.

They just finally have decided to listen to the economists and prevent the largest screw-up in anyone's history.

That's why no one knows what's going on: I think the GOP is finally staging the mutiny we've been wanting.

They're going to derail this thing, and I couldn't be happier.

I don't even care if Gramps takes credit for the trainwreck, as long as it stays off the senate floor.

:crazy:
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abumbyanyothername Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-25-08 06:56 PM
Response to Reply #5
13. I was very much against the bailout, but I will say this . . .
it will either work, or we won't be in a position to pay back the $700,000,000,000 either.

Whatever they do, it seems likely that we will be facing a massive economic slowdown.
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Heather MC Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-25-08 07:07 PM
Response to Reply #5
16. I'd tell you, you were wrong, but then I would be wrong
this thing is a Hot ass mess
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dysfunctional press Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-25-08 09:02 PM
Response to Reply #5
22. this is how it works- rich gop bastards make a hugh mess, the Dems get to be the adults and clean up
it happens to every generation, one way or another.
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Jawja Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-26-08 05:44 AM
Response to Reply #5
26. I agree. GOP doesn't want a bailout.
Democrats should not pass a "bailout" without strong Republican support and they should demand GOP for tight oversight, return on investment to the taxpayer, funding initiatives (tax top 2% to pay for it), relief for home owners (ability to restructure the loan so they can afford it, if possible), and phased in payments. If GOP can't agree to those terms, then there should be no bailout from the Democrats.
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C_U_L8R Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-25-08 06:51 PM
Response to Original message
6. This is classic Capt. John "Wrong Way" McPeachfuzz
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Barack_America Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-25-08 06:51 PM
Response to Original message
7. And guess who aligned himself with the House Republicans?
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Overseas Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-25-08 06:52 PM
Response to Original message
9. No. Gingrich's plan is to have McLame object, so he can revive his maverick branding.
Here's the link and a clip:

http://blogs.abcnews.com/politicalradar/2008/09/gingrich-mccain.html


If McCain were to come out against the bailout plan, Gingrich said that Republicans would rally to his side and it would become possible for the McCain-Palin ticket to style itself as "taking on the Bush-Obama establishment."

"Either McCain is going to go along" with Obama in supporting the plan, said Gingrich, "in which case the establishment will have the fix in . . . or you are going to see McCain decide, much in the way that he did in picking Palin, that, in fact, he is a genuine maverick, that he genuinely defends the taxpayers, and that this is a terrible bill."

"If the latter happens," Gingrich continued, "I think you will see the emergence overnight of a 'McCain Reform Wing of the Republican Party' and you'll see House and Senate members siding with McCain by overwhelming margins and then you'll be in a very different political environment. You'll have 'Bush-Obama ads' on the one side and 'taking on the Bush-Obama establishment' on the other side, and that will be, frankly, one of the more amazing elections."
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ORDem Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-25-08 07:02 PM
Response to Reply #9
14. Why does anyone listen to that twit Gingrich. I mean, how many times can he be wrong? n/t
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Hamlette Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-25-08 06:54 PM
Response to Original message
10. If this blows up, the market drops 1500 tomorrow and if you think that's okay
you are not paying attention. Most of us who have retirement, that we have saved or from our employers, have money in the market. Our retirement accounts get wiped out.

All the bad mortgages? The banks take them over. Banks lose money, the FDIC bails out savings accounts so it costs the same BUT, now the bank owns TONS of property and bad debts from the property holders. Bankruptcies soar. Banks fail. Money goes into the mattress?

I can't help but think the only people who are not in favor of some type of bailout are people who want to go back to the gold standard or who were not around for the savings and loan crisis.

I was, in fact my husband had just taken over as banking commissioner in my state. The calls from little old ladies (and men) who were about to lose their life savings broke my heart. While I did not originally support the bail out then, after a couple of weeks I did.

And I do now. I would hope to hell they/we never let it happen again but it likely will. And believe me, its not the rich fat cats who profit if we don't do this bail out. It's the middle class.

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seabeyond Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-25-08 06:54 PM
Response to Original message
11. i have one son reasonable, one son volatile. and then niece that isn't mine. when i want it to sto...
i go to the son that isn't doing wrong, and say, .... will you stop it.

i get the same look from him. it ISN'T me. he says. i know i know

but this kid over here is drama drama and the other isn't mine. leaves the good kid to get the chewing out

shit happens.

why would he walk into repugs of unreason asking for reason
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Fleshdancer Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-25-08 06:55 PM
Response to Original message
12. Interesting....
abcnews.com sent me a "breaking news" alert earlier when Paulson first blamed the Democrats. Now I find out that the Democrats corrected him and he agreed that his issue is actually with House Repubs but THAT doesn't make it into my email? Nice. :eyes:

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The Backlash Cometh Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-25-08 07:02 PM
Response to Original message
15. You know how I read that? House Republicans are playing bad cop,
while Paulson goes in for the close as good cop. Those fuckers know what they're doing.
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Willo Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-25-08 07:08 PM
Response to Original message
17. I wonder if he really wants out of the debate that badly.
At this point, I can not rule out their campaign pulling such a stunt during such an important issue, simply to avoid embarrassment.

The only thing that defies that idea is their slogan.

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DeadManInc Donating Member (844 posts) Send PM | Profile | Ignore Thu Sep-25-08 07:24 PM
Response to Original message
18. If this was so tragic wouldn't the market be dropping major points
every day till the 700 billion taxpayer screwing
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Blackhatjack Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-25-08 07:34 PM
Response to Original message
21. And there you have it!! Dems will painted as having 'blown up the bailout plan' ....
THis is all about political posturing AND making sure Palin never debates Biden or has a real venue in which she can be questioned before election day.
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bobd0 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-25-08 09:04 PM
Response to Reply #21
23. But it is so totally apparent that MCCAIN BLEW UP THE BAILOUT PLAN!
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