The Democrats are going to be blamed for this bailout

[malaise]

You have been warned.

[WritersBlock]

1. Ayup. n/t

[Aqaba]

2. Incoming massive Republican hissy fit

[Romulox]

3. That's only fair, since it will be W. Bush and the Dems who shove this down our throat.

Why shouldn't them be blamed for this? :shrug:

[malaise]

5. It was Paulsen and the IMF

but Bush's timing was impeccable and Democrats should have just said NO.

[Romulox]

9. Nope. Pelosi and Reid have pushed as hard as Paulson. More importantly, Dems control both houses

of Congress.

[malaise]

17. Can't argue with that

My position from the moment Paulsen spoke was Just Say NO.

[RUMMYisFROSTED]

4. Rightfully so.

It cannot pass without them.

[LBJDemocrat]

6. Funny how Congressional Republicans tend to do what their constituents ask

For instance, look how they responded to Repubs' anger over the immigration plan.

Our Senators and Representatives, on the other hand, have shown themselves to be completely spineless. It's embarrassing.

[malaise]

8. They have been set up and they are falling for the trap

Just Say No! We know the facts - Bushco and Rethugs had 12 years and did not pass one bill to regulate this mess.

[godai]

7. Repubs will TRY to blame the Democrats.

If Repubs vote for it, how can they blame others? The talking point seems to be that the original plan didn't include House Repubs. Now, McCain has saved the day (Repubs will say) by bringing House Repubs onboard (somehow). There's some type of insurance provision now that Repubs will try to take credit for.
Democrats are aware of all this and will react and vote accordingly, after Reubs are on record in support.
It will be interesting to see how Obama and McCain vote.

[malaise]

11. Obama cannot vote for this n/t

[OmmmSweetOmmm]

15. He shouldn't have voted for FISA but he did. He'll vote for this.

[riverdeep]

18. He's lost either way.

If he votes for it, he's supporting it. If he doesn't vote for it, they'll say this is just like the Illinois legislature, where he voted 'present' (a right wing talking point) and doesn't take a stand.

The worst of all worlds is McCain voting no and Obama voting yes.

[malaise]

20. Bingo n/t

[Kansas Wyatt]

19. Obama should make McCain vote first.

Let John McCain take all the credit he wants for saving this bailout for Wall Street. America hates and resents it, so let big bad John twist in the wind with it.

[leftofcool]

10. They sure will, and should be

[screembloodymurder]

12. They should refuse to appear with Paulson.

They're idiots! Let Bush sell this plan and stay out of the pictures.

[malaise]

13. When 80% of your population is against

a bill, you cannot sign it.

[Turbineguy]

14. I'm thinking it's better to be blamed for

the bailout than own the depression.

Most of us are just along for the ride. I don't need to live under a bridge just so I can say that Bush was the worst President in history.

[malaise]

16. Then clearly you need to read more about IMF policies

There are alternatives to IMF policies.

[Turbineguy]

24. My logic goes something like this:

In 2000 95% of the world's population understood the Bush would be a lousy US President. Since that time that 95% has grown to 97.5%.

I entertain no illusions about having converted that 2.5%. Bush has done that himself. So now I ask myself: 1) do I need to convert that other 2.5% and 2) am I more able to convert that 2.5% as an Engineering Professor or just another guy living under a bridge?

If the economy collapses we have the situation that the GOP cannot win the election using their current plan of cheating and disenfranchisement. Therefore it will be necessary for Bush to remain as President.

This bailout was devised for one reason alone and that is to save Bush from owning a Depression. But that alone does not mean it has no merit.

Some might say that 700 billion dollars is a lot of money. I figure it will add about 2% percent to the total cost of having Bush for President. Right now the US burns 24 million barrels of oil per day. We pay double the amount we should pay for that oil because we have Bush as President. This is in addition to the other deficits he needs to be an incompetent President. Getting him out of the Whitehouse will save us well over the amount we "invest" in this caper and in very little time.

Will Wall Street crooks take money out the backdoor in wheel barrows? Certainly. Will regular Americans who have lost their homes be helped? Certainly not.

Changing a lot of policies while necessary, will not happen in time to save this situation. And these changes will certainly not happen while Bush or any other Republican is in charge.

This bailout gives us some breathing room and one more chance to get it right.

[Stinky The Clown]

21. I got flamed for saying so a day or three ago.

[malaise]

22. I know

Let them flame away.

[BlueInPhilly]

23. Most kids don't like their veggies either

It doesn't mean they're not good for them.

All we hear is $700 Billion and bailout - but really, do we understand how market liquidity is at stake? Like the problem, the solution is so much more complicated than most of us can understand.