Interesting Freep responses to bailout.....

[Neecy]

The doubts expressed both here and on FR might be the closest the two sides have been on an issue in recent memory. The lack of oversight and controls, the unbridled power given to Paulson - they don't like any of this, either.

Enjoy.

-----

Yeah, this proposal basically makes the Secretary of Treasury the “Master of the Universe” for the next two years when the bill expires....


Two years of socialism! And what if a trillion dollars ain't enough to fix what ails the economy?


Why not just declare it all State property (since it is) and just charge the tenants rent? ;-)



What part of that is Constitutional? What part of ANY of this is Constitutional? Torches and pitchforks.



Yup. King Henry Paulson. Don’t forget all the other bailouts already in all of this. I would say that we are approaching 2 trillion in the end. I find this interesting:

Sec. 8. Review.

Decisions by the Secretary pursuant to the authority of this Act are non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or any administrative agency.

Maybe King is not the right word. Dictator Paulson might be a better way to say it.



Holy crap I missed the non-reviewable part...by any court or agency?

WTF

Screw that.

This is way past torches and pitchforks.



Ok- so Paulson is now Ruler of The World!!!

Geeesh..this just gives me the creeps.



Are they NUTS!!!

(2) entering into contracts, including contracts for services authorized by section 3109 of title 5, United States Code, without regard to any other provision of law regarding public contracts;

Basically - Secretary Paulson runs the show, forget what the law says. Section 3109 of title 5 just says that he can hire "experts".

(3) designating financial institutions as financial agents of the Government, and they shall perform all such reasonable duties related to this Act as financial agents of the Government as may be required of them;

OK folks, I'm beginning to hyper-ventilate.

(5) issuing such regulations and other guidance as may be necessary or appropriate to define terms or carry out the authorities of this Act.

Yea Paulson, just do the hell whatever you want!

(2) protecting the taxpayer.

I'm glad that they included this. I needed a laugh.


More heads exploding here: http://www.freerepublic.com/focus/f-news/2086601/posts

[MadrasT]

1. Wow. Freeper heads exploding over the same things

that are making my head explode.

That can't be a good sign. :hide:

[Hobarticus]

3. And now the screaming starts for the GOP....

This is how we win elections, my friend.

"Think is fucked up? We do too. Think it's time that these leeches had a leash slapped on them? We do too, but the GOP sure as hell aren't going to do it, and here's how we're going to do it..."

[MadrasT]

4. I'll drink to that...

:toast: :beer: :hi:

[Hobarticus]

12. I would too....

But I'm still waiting for a coherent solution from OUR side, even after a weekend. I think the scope and breadth of this crisis has left the Dems and GOP reeling. No one has a ten-second sound bite answer. Wouldn't surprise me in the least to see the White House selectively doling out intel to help McCain. Fucked up six ways to Sunday, my friend. But hey. let's cocktail. And yes, it IS a verb.

Here's to whistling past the graveyard...

:beer: :evilgrin: :toast:

[JDPriestly]

16. The coherent solution from OUR side is to return to coherent

tax policy. Taxes have to cover expenses. No problem with reasonable deficits, but the War in Iraq and similar ventures have to stop. We can't afford to spend money on adventures that don't improve life for the American people. We can't afford to buy all that military equipment just to blow it up in some Godforsaken corner of the world. That's what we all agree has to stop.

Had Carter been elected instead of Reagan, we would be energy independent by now and our economy would be on an even keel. Carter was dishing out bitter medicine, but it was what we needed to get our economy on track. We never really recovered from the Viet Nam War. We never regained our economic equilibrium, so here we are.

[safeinOhio]

2. HOLY cognitive dissonance, Batman!

[magellan]

5. Hey Freepers!

YOU OWN THIS BAILOUT, AND THE RESULTS, you insufferable FOOLS!!

I'm sure they'll enjoy the ECONOMIC MELTDOWN, traitors do so love to WHINE about how they no idea what would happen....

[mia]

6. Just came back from reading there

and came to the same conclusion. I was even imagining the possibility that somewhere there must be a non-partisan blog that discusses economics. TheHousingBubbleBlog.com comes close.

[OwnedByFerrets]

7. Problem is, they are too fucking stupid to understand

that the repugs enabled all of this....starting with their hero, Raygun. Im sure 90% of freepers are blaming the democrats for whats going on.

www.wearableartnow.com

[An Intellectual]

8. Those racist pigs blame minorities and the Federal Reserve. I'm serious.

I'm not going to high-five the freeps for their comments about this situation when their hatred of it is fueled by their hatred of minorities.

[Neecy]

11. there are a few like that

But in reading the comments (and there are a lot on their thread) most seem just outraged at the terms of this proposal. I don't see them casting a huge amount of blame because they know exactly where it belongs and they're not inclined to discuss their own failures in the voting booth.

However we got here, they don't like this any more than we do. And I expected to find at least a feeble attempt to defend it. Not there.

[Mist]

10. They are. They've managed to corkscrew it around to somehow being

the Dems fault. They seem to be under the impression that if Obama wins, he'll appoint Franklin Raines, and they'll spend taxpayers' money on champaigne and cavier. I wish I was kidding.

[varelse]

9. Many of these comments look like things that could have been posted here...

This Act may be cited as ____________________.

The Mayer Amschel Rothschild Act

“Give me control of a nation’s money
and I care not who makes the laws.”



50 posted on Saturday, September 20, 2008 11:11:54 AM by Vn_survivor_67-68 (CALL CONGRESSCRITTERS TOLL-FREE @ 1-800-965-4701)

There's even useful information in this one's sig :)

[lynettebro440]

13. And yet they still can't admit

this is their fault, they voted these assholes in. I seriously hate those people.

[tomg]

14. You know what would be hilarious:

one of those ads with Skinner sitting on a park bench with Robinson where they say "Normally We don't agree on anything, but even we can agree that this bailout is bullshit."

[JDPriestly]

15. FREEPERS AND DUERS AGREEING ON AN ISSUE

especially one having to do with the economy. Pinch me. Bush is in trouble for real this time. He is not fooling anyone. No way. No Sir.

Let's work with them to defeat these sort of takeovers.

[BlooInBloo]

17. Who cares? To them it's just words. It won't change their vote.

[Postman]

18. Idiots, all of them. Tell them to Wiki "Glass-Steagal Act"

The imploding economy is all part of their parties ideology.

Fucking idiots

[arthritisR_US]

19. yep, and the monkey's will still vote the same way they always do. n/t