Checking DU "Temperature" Do you want Obama/Dem's Compromise on Bail Out to Pass?

[KoKo]

Or Not as it stands. Pelosi, Reid and Obama all came out with their modifications to Bush/Cheney/Paulson/Bernanke Plan.

We were told a "compromise" had been reached and the Stock Market went up today.

BUT...during the Bush/Cheney conference with House and Senate Reps and both Obama and McCain present, Banking Committee Minority Chair Senator Richard Shelby comes out and says "NO DEAL!"

Since I'm a Lefty Progressive DU'er I wanted to get the "temperature" of other DU'ers as to what they think about the Compromise and that there are over a hundred Repugs who "say" they Do Not Want this Bill Passed at all.

[endarkenment]

1. It is now clear that the Republican Party is playing games

No deal. Not until the election is over.

[lapfog_1]

2. Yesterday, there was a Reuters story

that the Chinese central banks were told not to lend any more money to US banks.

Shortly after the story hit the wire, another story was released and it stated that no such decision had been made.

It was a warning folks.

You want to see a great depression, just let the first story be true. No more credit, no more money (unless we want hyper inflation)... no ability for US banks to extend credit to anyone, even the credit worthy. Couple that with a fire sale of T-bills by our creditors like China and the Sauds... and we are toast.

I don't doubt that there is a money crisis.

[dkofos]

3. The only plan that might work is the Kucinich plan.

He is looking out for the people.

[KoKo]

19. Ordinary people do seem to be left out of this...not matter which side keeps saying they are taking

care of us... It's really all about Wall St. and Mushroom Clouds of Fear... We've been suckered so much before while billions go out the back door on fear...they come in from our taxpayers dollars. :-(

[Caliman73]

4. No deal

I think more and more that this is just a political game now. I think there is still serious financial problems, but the Republicans and McCain are just trying to screw around and unfortunately no one from our side is really calling them on it. Dodd is pissed, but ALL Dem's working on this need to come out with one voice and call this what it is...A Political Farce meant to shift focus from the failure or Republican economic philosophy.

[snappyturtle]

6. ..and to shift focus from the failing repuke campaign.....imho nt

[Caliman73]

8. agreed

I think Matthews is right on this one. McCain's campaign has nothing of substance to go on so they jump from one hair brained thing to another. Unfortunately the Democrats are always reacting to it.

[Myrina]

5. where's the "No matter how hard I try ...

I can't figure out WTF they're up to" .... option? :shrug:

[izzie]

10. I just do not under a few things about this

One: Where did these people in the wh FIGURE OUT that things were so bad that they needed all this money? Two: where do they plan to put the money and how? Then to get back to a personal thing. How can I think it is so bad when every thing is 'so bad' since Bush got in and nothing works after he gets it fixed. It has been about 8 years of one mess after the last one. And of course I am worried about my own retirement that has lost money. My first thought is to let the market work it out with some rules put in by Congress.

[depakid]

7. If the credit markets locked up- and there's an overwhelming crash

Many of the simpleminded naysayers would be out for people's heads for failing to do act when Congress had the chance.

Been down that road before... and it wasn't pretty.

[prayin4rain]

9. I want them to scrap the plan Paulson gave them... but I do want them to come up with something.

I don't know why they don't call in the top economy guys from Harvard and Princeton ect..... and get about 5 workable plans up ... debate down to one with the help of the economists (basically just the economists, who have nothing to gain or lose).... and then vote.

[KoKo]

17. Exactly! Take a few days next week for a Panel of Dem & Repug Economists

to weigh in...so we can weigh the Pro's and Con's. Why is Bush ramming this down our throat and our Party takes the bait...but says they will put some "provisions in ...to protect the American People."

We've been through TOO MUCH to be RAILROADED on FEAR one more time...Haven't we? :shrug:

[David Zephyr]

25. Your opinion isn't popular here, but I agree. There was no "emergency".

Bush's spokesperson admitted that Paulson's plan had been around "for months" and just like the "mushroom clouds over American cities" and Saddam seeking "uranimum from Africa", this taxpayer give-away that creates banking monopolies is just another government no-bid contract.

Ever wonder why Bush and Cheney haven't been seen or heard from for weeks? They have been on the phones with their "loved ones" telling them where precisely to put their money.

Jeb, Marvin, Neil, Dorothy, Poppy and Barbara along with James Baker have all been quietly moving their monies just just the right places.

Halliburton CEO Richard "Dick" Cheney purchased up Dresser Industries (the Bush family's biggest investment) and in doing so bought all the asbestos litigation and liability putting it on Halliburton stockholders. But guess what? After Bush took over in 2001, the GOP rubber stamp congress put took the asbestos liability off of Halliburton and put it...onto the taxpayers.

The Bush family is moving their money.

[norepubsin08]

11. NO BAIL OUT!!!!!!!

[KoKo]

12. I'm with you ...but am torn, that's why I posted the poll...But, if I could vote...I'd vote to Kill

the bill until after the Election.

I've not felt the Dems went far enough in their negotiations leaving room for Repugs to "ROLL US." But, I could be wrong. I just am AGAINST THIS BAIL OUT...it makes me sick that I come out on the side of Shelby on this...

Yeah...I'm conflicted...and feel there are many DU'ers who are also "conflicted."

I just don't like that bill ...reminds me of all the Bush Crisis ("Chicken Little...Sky is Falling" scenarios that suckered in our Dems and worked out badly for our ideals.

Iraq War Resolution, Patriot Act, FISA Cave....and all those BILLS that FUNDED THIS WAR...FUNDED REPUBS with COMPROMISE by our DEMS EVERY STEP OF THE WAY!

Shouldn't our Dems have LEARNED? It's not like we don't send them our opinions and articles that support the opinions that are contrary to what they are hearing from "Heritage Foundation," "American Enterprise Assn." and the "Swift Boaters?"

It's all a morass of disgusting......really from what I can see...

[Desertrose]

13. More head tripping by the money powers....

"Just make em afraid and they'll vote for what we tell 'em too."


Simply more games to help them cover their a$$ets...and asses.

[KoKo]

15. Yep..."Crash Cart" of FINANCIALS...that get's folks attention...it's Disgusting!

Manipulation...Manipulation...and sometimes I feel our Dems cave into that with their slim margins in House and Senate.

[radfringe]

14. I want to know if a bail out is the only way out of this mess

and then what? what happens after this mess is cleaned up? what assurances do we have that the deregulating maniacs won't strike again and we find ourselves in this mess in a couple of years down the road

[KoKo]

16. Agree...House focused only on Paulson/Bernanke's Testimony...give it another Week!

What the hell is wrong with our Dems that they run after Bushies with a "clean up pail" when it's the American People's lives and investments under the GUN! Sheesh!

[Wiley50]

18. No Bail Out! And Take That Thermometer Out Of My Ass!

[Not the Only One]

20. No bailouts so Wall Street fat cats can get fatter

Stupid idea promoted by the stupidest President.

[FVZA_Colonel]

21. The Democratic plan might be better then Bush's, but I don't have to like it.

It still needs work, but that asshole John McCain had to go and fuck everything up with politics.

[jonnyblitz]

22. the democratic plan is just lipstick on a pig, so NO to it all. nt

[KoKo]

23. Interesting. Rachel Maddow had Senator Richard Shelby on her show, just now.

I think his statement is one we Progressives need to listen to... Many Progressives aren't onboard with the Paulson/Bernanke/Bush Proposal for this Massive Bailout!

[scarletwoman]

24. I am totally, absolutely OPPOSED to ANY bailout! Period.

The "Free Market" made this mess, the "Free Market" damn well better clean it up.

NO compromise, NO NOTHING! NO government intervention!

If we're ever going to reach sanity in this country, then the results of INSANITY have to play all the way out, so that everyone finally "gets" it.

Our government needs to attend to the needs of its citizenry, not the needs/wants of Wall Street Plutocrats. Leave Wall Street to collapse from the weight of its own excesses. And let everyone take a lesson from it.

Put that $700 billion into Social Security and Medicare and SCHIP and the SBA. We don't NEED Wall Street; all we really need are jobs with decent pay, health care, physical infrustructure, firefighters, and the rule of law.

sw