Let the economy drop from now till Nov 4th

[NightWatcher]

then tie this failed economy around the neck of McSame and all the repukes running for office this year and let it pull them under. The day after we win a landslide Nov 4th, the Democratic Senate can lay the groundwork and put in place a plan that Obama will sign on Jan 21, 2009.

Make the repukes own this broken economy and ensure that they never hold office again.

[ShortnFiery]

1. Tell that to Schumer, Dodd and Franks.

:grr:

[Jeanette in FL]

6. Exactly, they are part of the problem

They are all folding. We need to keep the pressure on them not to go along with this bailout.

We the people say so.

[tekisui]

2. AGREED! They broke it, they own.

It is not up to the Dems to bail out the repuke's failed polices. And, that is what this is. It's not a bailout for the taxpayers, the economy or really even the big corporations. It is a "kick the can down the field" to protect the failed "trickle down" pukenomics.

[demnan]

3. Sounds like a good plan to me

However, that is how the Republicans would do it if the tables were turned. Guys like Chris Dodd don't think just in terms of what's going to get the party in the White House, they think of the welfare of the country.

[AndyA]

4. I agree. Congress should do nothing.

This mess was designed, instigated, and carried out by the Republicans. Let it be an anchor around their necks until after the election. Let their own actions and greed take them down, and take them down HARD.

[Marsala]

5. There's a decent chance that we won't do anything

Getting the Democratic leadership, Bush, AND McCain to agree on one massive bailout plan will be very difficult. So it may all fail. This is only a real problem if it causes the total collapse that is so feared.

[wishlist]

7. Why should Dems prop up stock market temporarily to help Repubs win

This was obviously a last ditch effort by the Bush Repubs to salvage the election and Bush's legacy by averting a major stock market crash that seemed inevitable right before the bailout got announced. Wouldn't put it past Repubs to turn bailout idea around against Dems now that stock market crisis seems to have been stemmed at least for now. There is nothing more left though to further stave off eventual stock market crash but this bailout proposal might stall the crash until a Dem is in White House to take the blame off Bush.

[Ganja Ninja]

8. Yup! The bad loans will still be bad after Nov 4th.

They aren't going anywhere.

And force every Republican to cast their vote for this bailout before any Democratic votes are cast.

[KharmaTrain]

9. What Can They Do?

This is Wednesday...the House & Senate are scheduled to adjourn on Friday...plus there's the Jewish holidays next week. They could work on Saturday and then nothing until next Wednesday. And then Repugnicans will be as hard-pressed to want to go home as Democrats will.

It's poker...and I am as cynical as anyone here as to how Reid, Pelosi and others will play it due to their "let's get things done" bail-outs and sell-outs in the past. The problem is getting a bill that's "close enough"...or that boooosh caves on some lesser known item (like economic assistance to the poor or some other low profile, but still important "compromise"), the corporate media will overlook what has been traded and claim it as a big victory for booosh.

Here's the rub...the credit market is dead. Prolonging this mess will trickle down to a lot of job loses and business failures. While I see a lot of financial trouble ahead in this area no matter what, a bail-out now prevents this from happening sooner rather than later...and taking a deeper bite. Now do we wish for this to happen? It's a serious political calcualation.

[ShortnFiery]

10. Those a**holes will have "hell to pay" if they pass this SCAM even with pseudo safeguards

for us "little people." NO! Dammit, NO BAIL OUT!

[KharmaTrain]

11. This Should Be Poison Pilled...

And it may be if there's a provision about executive compensation or who does the valuation of the assets the government is taking over. I can't see boooshie going along with an independent process...it cut their buddies out of the loop and mess up their golden parachutes. Boooooshie would rather lose this election than the financial bail-out. I'm of the belief this "crisis" is manufactured...pushing against both the election and the House/Senate schedule to pass through a bail-out that's all but greymail.

I bring up the credit mess as a major byproduct...not just of this "crisis", but of the entire mortgage and debt mess this country is in. It's not going to go away with this bail-out and it appears Senator Dodd is hellbent on addressing the "main street" side of this matter...and finding ways to help people re-finance and stabilize the housing market. The question then becomes do you vote against a bill that does address this real crisis?

IMHO, the boooosh regime has overplayed again...and they can no longer get away with it. The longer there's resistance to this bail-out, the harder it will be for a "clean bill" to come out.

Cheers...

[Benhurst]

12. Reaganomics. How's it working for you, America?

Next stop: The Reagan Revolution.

[rucky]

13. The corporate powers are the weakest they've been

in quite a while.

This crisis may be an opportunity to balance out the power and restructure our economic system, under a President Obama. It's going to suck for everyone while in the process of rebuilding, but it sucks now, and it will suck for much longer if we pump these a-holes with more capital.