MSNBC just reported that the GOP did not want to pass the bailout. The Democrats are on their own .

[Vincardog]

OK I say write up the bill with the re-regulation and oversight in it.
Make the money pay out in 50 billion increments with heavy public oversight.
Make the pay out start after the regulations are in place and the oversight functions are funded and staffed.
Then let the Democratic members support it and let the GOP filibuster or vote it down.

If it does not help we all loose. 50 Billion at a crack.
IF it goes down the GOP made the mess and refuses to fix it.
IF it passes and works the Democratic party has saved the GOP created mess again.

[shadowknows69]

1. So don't bail the fuckers out!!!!!

Call the god damned bluff for a change!!!

[Guaranteed]

4. Or- why not bail out the HOMEOWNERS?? nt

[snappyturtle]

7. Sweet thought. nt

[Gregorian]

17. Dennis Kucinich has a wonderful plan.

But America isn't mature enough for common sense. Hey, did you know the company that makes Palin's glasses is backordered? What were we talking about...

[pnwmom]

18. That's just a temporary fix, unfortunately, to a monumental problem.

Which is the 62 trillion dollars worth of credit-swaps indebting the US economy.

Which, of course, won't be fixed by the bail-out either.

[Heather MC]

26. where did you get this figure?

I keep saying that 700 billion just seems like a happy number they threw up in the air

My personal feeling is if the bailout doesn't solve the problem completely don't do it at all what's would be the point?

It' like pouring a bucker of water on a forest fire

[lib2DaBone]

34. Exactly.. I don't understand why the DEMS are for this Bailout?

I'm sure I'm missing something... but why are the DEMS in CONgress (Dodd and Frank) so anxious to buy into this stampede? For once in their life... could they possibly take a stand against Bush? The Banks aren't going to fail on Friday if Bush doesn't get his way. He has had this Bill on his desk for over a year. I Wasn't surprised to read today that Nancy Pa-Lousy was cheer-leading this bill.

[DJ13]

2. Wall Street is the GOP base

If they want to screw them over, let them.

As long as the rest of America understands who the responsible party was.

[Romulox]

9. Not so sure about this. Wall Street has friends in several top ranking Dems.

[Caliman73]

14. I agree

More and more it seems that this is just a ploy to see how far the Democrats will play ball. It is time to re frame this and go on the offensive. The Republican "free market" philosophy caused the mess, they are still balking at oversight, then screw it...let the American people know that the Democrats have been working to get the best possible solution in place, but the Republicans want nothing that holds back further greed by Wall Street.

[lib2DaBone]

37. I agree.. Once again.. Republicans are Framing the issue....

You think after 8 years the DEMS would have learned something? Watching News coverage today.. it was all "Republicans said this and Republicans said that and Republicans are going to do this". It was like the DEMS weren't even involved? Once again Republicans are framing the conversation and controlling the issues. Will DEMS ever grow a pair and stand up to these weakling Republicans? What are they afraid of?

[The Backlash Cometh]

15. Good point.

[TwilightGardener]

3. Let the GOP own their failures. Walk away. The Dems did all they could--

they stepped up when Bush and Paulson called, Bush's own party refuses to cooperate--it's in the GOP's hands now.

[pnwmom]

19. If we do fall into a Depression, we won't be able to say the Dems did all they

could. Since we do have a majority, we could pass something w/out the Rethugs.

I'm not advocating we do -- I'm just pointing out that we're in an impossible bind.

[TwilightGardener]

21. Can't do that in the Senate, without at least some GOPers voting with us.

[chill_wind]

31. NOBODY should have been stepping up for the Bush/Paulson Heist.

Thank god this is isn't a done deal and is still taking some time.

[Turbineguy]

5. If you do not allow

"unjust enrichment", a polite term for "robbing the bank", the rebubs are just not interested.

[Vincardog]

8. My point exactly. LEt them kill the "Rescue" and Own both the mess they created and the failure to

fix it.

[aquart]

36. CBS breaking news email alert: No Deal. Bailout Plan breaks down.

I'm supposed to feel bad about this, right?

[Bluebear]

6. Probably over the oversight and golden parachute objections.

Republicans don't know how to compromise when they're robbing banks.

[dkofos]

10. The dems are being played again.

[dchill]

11. Uh, yeah, like from the get-go.

This is playing just like the IWR. I hope the Dems learned from their mistakes, then.

[Overseas]

12. They seem to be following Gingrich's suggestion. Here is link & 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."

Left unsaid by the former Speaker is the possibility that the bailout plan would simply die if McCain were to come out against it, which in turn, could deprive the McCain-Palin ticket of the opportunity to run against the "Bush-Obama establishment."

[WolverineDG]

13. OR give US the damn money!

Give every taxpaying household $250K,with limits on what the money can be used for. Mortgage crisis? SOLVED! Student loan crisis? SOLVED! Credit card crisis? SOLVED!! Whatever is left over can be taxed or used to fund retirement accounts. Retirement crisis SOLVED!

dg

[Dr Fate]

22. LOL! Since when do our leaders "bail out" the rabble?

Give citizens a break instead of helping banks? Sounds too radical- the moderate voters would never go for it. ;)

[WolverineDG]

28. You'd be surprised

the more conservative members of my high school email list are saying the same thing--where's my bailout? why don't we get the money?

:wow:

dg

[shadowknows69]

25. They don't really want us to pay our debts

Just the interest.

[progressoid]

16. CNN just said about the same thing. Blaming it on House Repubes

Wolfie was talking to some "reporter" that said the talk on capital hill is that the Rs in the House are in disarray. Also hints that this was a ploy to find a way to get McCain involved and give him some clout.

[Fleshdancer]

20. and ABC is reporting that Paulson is blaming the Democrats.

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

ABC's 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 today's the room where Democrats were caucusing during today's meeting at the White House and pleaded with them 'please don't blow this up,' Stephanopoulos reports.

[TwilightGardener]

23. That's fine--he's the enemy. He's the 700 billion-dollar man, Mr. No-Oversight.

We oppose him, we're heroes.

[shadowknows69]

24. Ok, Hank, if the GOP is the party refusing to go along

Why is it our fault again?? Didn't like that your buddies were gonna lose their parachutes?

[mzmolly]

27. The real Republican strategy....

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=132&topic_id=7186445&mesg_id=7186445

[SmokingJacket]

29. I hate the idea that the plan will be a DEMOCRATIC plan.

Because it might not work, and WILL cost a ton.

They shouldn't pass it without complete bipartisan support, for their own good and for the good of Obama.

[tbyg52]

30. Nah. Makes too much sense. nt

[Lex]

32. Doesn't their God, Bush, want it?

Don't they give him everything he wants?

[snot]

33. Solution:

We don't have to write any new legislation that no one's had a chance to review. We simply repeal the repeal of the Glass-Steagall Act, the law enacted after the crash of 1929 that was carefully designed to protect against exactly this kind of meltdown and that worked just fine until the Republicons repealed it, and make it apply to all kinds of depositaries without exception.

[Vincardog]

39. That is exactly what I meant by "Re-regulate" and have the oversight in place and funded before any

money is appropriated. Make them re do all the "Deregulation" they have done under Ray Gun Theft Onomics. And return tax levels to the same levels as pre-RAy Gun.

Do it before any money is spent.

IF they don't like it they can vote it down and own the results.

[snot]

40. totally agreed!

[Not the Only One]

35. Since when is the Democratic Party the Party of Bailing out Wall Street Fat Cats?

No Bailout. Period.

It's bad for the middle class. It's great for the rich. This is like living in Bizarro World. Why does our party care so much about making sure the filthy rich keep their mansions and personal chefs and maid service and 4 week exotic vacations. Fuck the rich. God damn. What is going on?

[Naturalist]

38. Dumb as rocks

Some of us have been saying this would happen but noooooooooo.

[OakCliffDem]

41. kick