Patterico's Pontifications

9/25/2008

Bush and his Supporters, the Democrats

Filed under: 2008 Election — DRJ @ 8:14 pm



[Guest post by DRJ]

I’ve read and re-read this Politico article about President Bush’s meeting with Congressional leaders today and I was struck by one thing: Obama and the Democrats have become the primary proponents of President Bush’s economic bailout plan.

I don’t know what voters will think of this but it should make it harder for Obama, Biden, Nancy Pelosi, Harry Reid, and others to convince voters McCain-Palin will be 4 more years of Bush.

— DRJ

26 Responses to “Bush and his Supporters, the Democrats”

  1. You just posted that to make jharp’s head explode with cognitive dissonance.

    SPQR (26be8b)

  2. Obama and the Democrats have become the primary proponents of President Bush’s economic bailout plan.

    And here was an opportunity for Senator Obama to decisively say that he is for change, by saying he will vote against this bailout.

    But then he never misses an opportunity to miss an opportunity.

    Michael Ejercito (a757fd)

  3. this is over at Michelle’s webpage..bailout money going to ACORN…

    http://tiny.cc/hM5Oq

    Drug test all of them in Congress…

    fmfnavydoc (0dd45c)

  4. SPQR #1 – Yes. I Never did get an answer from jharp about why exactly Barack Obama was going along with the ‘scam’.

    Apogee (366e8b)

  5. I thought they had become the primary proponents of Chris Dodd’s re-envisioning of Henry Paulson’s plan . . . but that’s just what I read on the cover of the new issue of Newsweek, standing in the grocery store checkout line a little while ago.

    Icy Truth (2c3adb)

  6. I’m not biting. You all all aware of ther absurdity of the claim. (Senator John 90% McCain.)

    However some pretty big shit here. I guess McCain shouldn’t have waited til Tues to read Bush’s rescue proposal. I guess he’s continuing the GOP tradition. Too late and the wrong appraoch.

    NEW YORK/WASHINGTON

    (Reuters) – Washington Mutual Inc was closed by the U.S. government in by far the largest failure of a U.S. bank

    jharp (f4bed7)

  7. jharp, you mean you don’t understand what you are supposed to say as you’ve not gotten your instructions from your puppet masters.

    You don’t have a clue what is going on, jharp. Not a clue.

    SPQR (26be8b)

  8. jharp,

    The forced sale of WaMu to JPMorganChase cost the FDIC (you and me) NOTHING. Thank FDIC chair Sheila Bair for being strongly proactive, because there would have been mega costs had there been a few more days of wait-and-see.

    Brad S (99a028)

  9. “jharp, you mean you don’t understand what you are supposed to say as you’ve not gotten your instructions from your puppet masters.”

    No. I mean what I said.

    The biggest bank failure in the history of the U.S. happened today. A pretty big deal.

    And John McCain voted with the Bush administration 90% of the time. McCain is Bush’s biggest supporter and has been for 8 years.

    That’s all.

    jharp (f4bed7)

  10. jharp, yes that’s all the slogans you got.

    Tomorrow I have to go into the office and deal with the fallout of the WaMu failure – as they are the largest customer of my main client. When I do that, jharp, I’ll be thinking of you and your incompetence for the whole six seconds you are worth.

    SPQR (26be8b)

  11. Rep. McCotter’s (R-Mich) Forceful Rebuke of Bailout Plan on House Floor (Wow)
    Rep. McCotter of Michigan ^

    Posted on Thursday, September 25, 2008 10:59:36 PM by quesney

    Excerpts:

    Before I was elected to Congress we used to hear that when faced with a crisis, members of Congress would invariably soil themselves, throw money at the problem and hope that it went away.

    Unfortunately, in these dysfunctional economic times, we find that this process has continued

    As Americans face a potential meltdown of the financial sector, we have seen what I believe to be an appropriate response starting with this Administration.

    From the time we were informed that a potential financial meltdown was going to occur, this separate equal branch of government with is the U.S. Congress was told that we had but one alternative and that if we did not pass it quickly — in the time specified *by* the executive branch — that our economy would be severely damaged.

    It has been my opinion that we were elected sovereign people of the United States, to make important decisions on their behalf, to do it due diligence and devotion that is due and to come up with a positive solution to their situation.

    Last night, I was struck by the fact that again we were told [by the President] that again if we did not give unlimited amounts of money and unlimited powers to the Executive Branch that *we* were failing in our due diligence and responsibilities to the American people.

    I heard the President of the United States say that we do not understand the need to act.

    That statement is false. We understand the need to act.

    We heard from the President of the United States that we did not care about American families.

    That statement is false. We care very much about American families.

    What we did not hear was a recognition that a three-page document — that gives to the Treasury Secretary and the Chairman of the Federal Reserve powers the likes of which Stalin and Mao killed people for — was not an acceptable response to give to this separate, equal branch of government.

    Today, we are told that House Republicans are standing in the way of a $700 billion use of your tax dollars to bail out the very people who caused this problem!

    Guilty as charged!

    House Republicans believe there is an alternative.

    The Administration tells us that their first, last, only resort is to go to the taxpayers and bail out Wall Street. We fundamentally disagree with this!

    Wall Street should bail out Wall Street.

    House Republicans believe that the toxic assets clogging up our economy should first attempt to be recapitalized by the very people sitting on the sidelines with their money waiting for you the taxpayer to be fleeced and put it in so they are “confident that the market will work”.

    We can not reinflate the bubble.

    The people who on Main Street invested and saved and had good credit their entire lives should not be asked to go back in to help cowboy capitalists who shot themselves in the foot.

    I have supported the President when he has been correct.

    But he is in err now.

    House Republicans stood and supported the Patreus surge.

    Today House Republicans oppose the Paulson splurge so we can have prosperity in America in the long run.

    We will not engage in a rush to judgment that destroys the possibility of free market and prosperity for decades to come.

    We will not walk out of this room after a forced vote waving a piece of paper in our hands claiming “fleeced in our time.”

    We will the job we were entrusted with.

    JinnyB (43ad11)

  12. DRJ – This is just the democrats politicizing the process at a time when it does not need politicizing. The announcement by them earlier in the day that a deal was imminent when in fact that was total bullshit was just a transparent attempt to deflate the impact of McCain’s correct move to delay his campaign to help with the crisis while Obama once again stood around sucking his thumb trying to figure out what to do next. Leadership from Obama on display once more that you can’t trust and it showed. Complete tone deafness.

    The Politico article shows the democrats coming into the White House in attak mode and politicizing it from the get go by turning it over to Obama who hah had no role in the negotiations up to that time. McCain, according to other reports gave no indication of supporting alternate plans which had been raised earlier in the day, spoke last, and urged all sides to come together.

    Pelosi doesn’t have the Republican votes she wants as air cover to bring a bill to the floor, which means the plan as it stands must have too many Democratic giveaways of the type that got us in trouble in the first place or government interference in decision making.

    daleyrocks (d9ec17)

  13. How did it turn out to be that Democrats are the ones pushing the George W. Bush bailout plan and Republicans are the ones opposing and objecting to it? How did it come to pass that George W. Bus had to be the one to call up his “home-boy” Barak Obama and ask him to come to Washington to back him up?

    So… It turns out that it’s Barak Obama that’s secretly in the tank for George Bush – he’s the one that has been working with Bush and Chaney all along – and probably Karl Rove, too, while pretending to really be against him?

    I guess it’s a good thing that this whole economic crisis developed, otherwise, who would have been able to figure out the bizarre truths that this turn of events has exposed?

    FIGHT AGAINST THE BUSH-OBAMA BAILOUT !!

    JinnyB (43ad11)

  14. JinnyB, if you are serious, I suggest that you consider rehab.

    SPQR (26be8b)

  15. jharp – Obama has voted with the leaders of the most unpopular Congress in history 97% of the time.

    He has taken $105,000 in contributions from Fannie Mae and Freddie Mac, number three on the all-time list even for his short time in Congress, the two costliest goverment failures in government history caused by the populist policies of the leaders of his party.

    Obama continues to be advised by former leaders of the scandal plagued Fannie Mae, people who deliberately manipulated the company’s earnings in order to enhance their already massive compensation, engaged in risky lending practices which ultimately resulted in the current financial crisis.

    Obama has a history of associating with people with tainted backgrounds unbefitting a President of the United States and if he were seeking a security clearance as an employee of the FBI or CIA would be unlikely to be able to obtain one.

    Obama is the least vetted and experienced candidate for President in the history of the United States.

    People who are being asked to vote for Obama are being asked to ignore what small track record there is of his public performance and believe he will behave completely differently once he assumes the mantle of the Presidency of the United States and the world’s most powerful man.

    I don’t think he’s worth the experiment.

    daleyrocks (d9ec17)

  16. SPQR,

    “Tomorrow I have to go into the office and deal with the fallout of the WaMu failure – as they are the largest customer of my main client.”

    Some free advice for your client.

    You sleep with dogs you get fleas.

    Tell them to be more careful next time. Anyone with any sense was well aware WaMu was toast long ago.

    jharp (f4bed7)

  17. Oh, look! Another Ron Paul supporter has emerged from the bunker.

    Icy Truth (2c3adb)

  18. jharp, I can’t imagine relaying advice from yourself – demonstratively the least informed person I’ve found on the internet – to any client of mine.

    SPQR (26be8b)

  19. And NO, I didn’t mean you, Harpo.

    [If only he was like the real Harpo]

    Icy Truth (2c3adb)

  20. jharp, I can’t imagine relaying advice from yourself

    Comment by SPQR — 9/25/2008 @ 9:27 pm

    Your choice and I don’t blame you.

    But what in the hell could they possibly have been thinking? Counting on WaMu and you?

    You reap what you sow.

    Dam. Just think. If McCain would have read W’s bailout proposal last weekend instead of waiting til Tues. this could have all been averted.

    jharp (f4bed7)

  21. Good advice from jharp:

    “You sleep with dogs you get fleas.”

    Think about Barack’s history and remind yourself of that phrase before you vote for Obama.

    This is too fuking easy!

    daleyrocks (d9ec17)

  22. If this were baseball, I’d be very tempted to score the whole thing as a sacrifice fly.

    Otherwise, just a misunderestimated nukular strategery.

    Wind Rider (22ee44)

  23. Now, what is the source of all these bad subprime loans again?

    I’m sure we all know. Now, somebody call up Washington and give them a clue.

    Patricia (ee5c9d)

  24. DRJ, the dynamics are that Reid and Pelosi desperately need a bailout bill, some sort of bailout bill, to pass. If the credit markets implode and shut down, this won’t just be an election-cycle crisis, this will be a multi-year crisis, and there will be so much press coverage looking for who’s to blame that by the end of it, even third-graders in Coeur d’ Alene, Idaho, will be able to confidently pick Jamie Gorelick, Franklin Raines, Jim Johnson, and Chris Dodd et al. out of a police lineup. And of course, the Dems control both the House and the Senate. Pelosi could strong-arm a bill through the House, even the original Paulson proposal, at the drop of a hat, but for purposes of political cover, she’s insisting that something like 100 House Republicans go along. Likewise, between who Reid and the Bush-43 Administration can deliver between them, there are enough votes in the Senate to defeat cloture too, but the Dems won’t let that happen either unless there are enough Republicans to negate the appearance that this is a Democratic (instead of bipartisan) cover-up bailout.

    It’s a giant game of chicken, and to use an admittedly sexist term, somebody’s going to have to man up and take some political risk before there’s a collision that leaves everyone dead on the sides of the road. That’s not going to be Obama — who among even the Democrats thinks they can rely on him to either accomplish the necessary compromise or defend it later? And Dubya is the proverbial lame duck here. That’s why even though the Dems are eager to deny it and cover it up, the reality is that McCain is the indispensable man right now.

    That’s my take, anyway.

    Beldar (b0d7b6)

  25. Pelosi and Reid desperately wanted to be leaders of a majority. They got their wish.

    I hope they choke on their ambition.

    Beldar – I wrote in another forum about this exact reality. The fact that the votes are there in each body to pass Paulson-light is inescapable. Why the hell aren’t the Dem leaders called on this?

    If they present such a bill to Bush and he vetoes it, then fine. They did their duty. But, if they insist on political cover, they should be made to stand aside as Capt. Queeg of the Caine was, during the fatal peril of the storm.

    Ed (385e88)

  26. Me – 8:28pm I Never did get an answer from jharp about why exactly Barack Obama was going along with the ’scam’.

    jharp – I’m not biting. You all all aware of ther absurdity of the claim. (Senator John 90% McCain.)

    Partisan blindness. He can’t answer.

    Weak.

    Apogee (366e8b)


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