Shelby says no agreement

[malaise]

Good.

Says leading economists says it is a bad plan.

add.

[panAmerican]

1. Thank God! I can't believe I'm on the side of those republicans fighting this thing

[K Gardner]

4. That's just it.. I don't think they're really against it. I think its a show to prop up McCain.

[malaise]

6. This is fall down funny - no agreement

I'm with the economists. Fugg the MBAs.

[BeliQueen]

18. This is truly a bipartisan issue

Very few people are stupid enough to agree with bailing out the yacht-and-pony club.

[K Gardner]

2. Who the fuck sent Shelby out the door to hock a "no deal" line?? Isn't it strange that

he waited until the stock market closed to come out?

[spanone]

3. said he probably won't be invited to future meetings

he had five pages full of economists opposed to the paulsen plan

[malaise]

21. Damn Buchanan says they're being stampeded into

another Gulf of Tonkin situation. He says McPOW cannot sign this bill.
I hope Obama knows he cannot sign this bill. Buchanan says he cannot support the bill. Dems better understand this set up. If they sign, they hand Congress back to Rethugs in two years.

-----
Question - if it can be proven that Bushco is manipulating the markets for political reasons, can they be finally impeached.

[OhioChick]

5. Good.

Said he agreed with 5 pages of leading economists (bad idea).....said he likely wouldn't be welcomed "inside" any longer.

[pleah]

7. 5 pages of economists names, wow!

He may not be asked back. Obvious it must not be dire. This has been going on for a week now.
Dow was up 200 points today.

[malaise]

9. Link

http://faculty.chicagogsb.edu/john.cochrane/research/Papers/mortgage_protest.htm

[pleah]

13. Thanks. I thought it was great that he was waving the pages around

while talking to the press.

[OhioChick]

15. Thanks. n/t

[aint_no_life_nowhere]

19. I'm glad someone is listening to the intellectual elite of this country

I'm sorry that it's a Republican Congressman waving that long list of ecomonics experts around and not a Democrat. But I'm glad that at least someone is listening to sounder and much more trustworthy voices than those from ChimpCo.

[onenote]

23. i just wish some of these academics would give an example of what "bold action"

they favor.

The problem is that they say Congress should take some time to hold hearings etc but then they undermine this lack of urgency by saying bold action is needed and then they don't offer any hint of what such action might look like.

Not likely to be that effective in responding to those that are saying the sky is falling.

[malaise]

25. They are but the Greedia aren't showing up to their forums

Forums are going on on campuses across the globe - not just in the US.

[stillcool]

8. I don't know why they are pushing this..

Schumer was the first one out of the pack running with this thing. Something is not right. Is the finance business to Democrats what the oil business is to Republicans? New York, Connecticut, Massachusetts?

[malaise]

11. Dems are going to be left holding the bag

Just Say No and get over it.

[spanone]

22. we used to be the opposition party, now we're the brown nose party.

[dchill]

16. Schumer is senator from New York.

Where's Wall Street?

[stillcool]

24. he is definitely in panic mode...

Nancy and Harry had to rein him in after he screamed fire. Is Connecticut still the heart of the insurance business?

[sinkingfeeling]

10. They all need to ignore Bush, Paulson, and McSame, and settle down and work on what's

the right thing to do. They need to pull in as many leading economists, inclusing those on the 'left', and get some damn advice.

They've let Bush&co. pull the 'boogie man' crap again!

[galileoreloaded]

12. Finally reason. i can't BELIEVE I just said that........n/t

[Tierra_y_Libertad]

14. Good. Now maybe some Democrats will join him and ignore the lipstick.

[malaise]

17. I agree with Tweety

McPOW does not plan to vote for this bill.

[slipslidingaway]

20. I remember Shelby being one of the first to question the bailout,

he was asking about alternative plans the other day.