Skip to comments.DRUDGE SOURCE: House Republicans met in am: Just 4 members support Paulson plan...
Posted on 09/24/2008 1:57:04 PM PDT by counterpunch
SOURCE: House Republicans met in am: Just 4 members support Paulson plan...
John Boehner is a good guy. I would not be so sure about him being one of the four.
come out with a bold free market version, get on the sunday shows to promote it, McCain endorses (hopefully), and we win in November.
I wonder how many can be bought off with an earmark? After all, the original bill was only 2.5 pages.
Mr. Burns: “EXCELLENT!”
Now, do you want to live with Obama as pres and a much bigger house and senate majority if there is no bailout and the financial structure heads south and all we hear for the next 45 days is how Republicans don't "care about the little guy?"
I don't see how we get out of this without either a financial meltdown or a political meltdown. We get one or the other.
Woo hoo!! Block this socialist Obamination!!
And that would be . . . .
The free market version is to let the market find the actual value of these securities, not the Treasury Dept.
700 billion dollars is just 3.5 percent of the 20 trillion dollar worldwide investments -- or about 12 percent of U.S. investments, I believe.
Let the market sort 'em out!
Congressional sappy-headed hoaxes are to blame also.
Let the voters kick 'em out!
I’ll bet: Boner, Shays, Shelby, and ...
I guarantee Boehner is one supporting it. Before FR crashed this morning I posted that I had called his office to urge them to not sign this measure without major provisions, if at all. I told the guy that the base was going to be in an uproar if they allow credit cards,car loan default,college loans, etc. to be added! Blah,blah,blah.
The kid said our economy was going to meltdown if we did nothing..thanked me for my call and hung up on me in mid sentence!
It's not just members of Congress being bought off...
The American Republic will endure until the day Congress discovers that it can bribe the public with the public's money.
Alexis de Tocqueville
God help us.
Another Freeper called it Barrystroika.
Senate Pubbies met with Cheney, et al, yesterday.
They apparently give the Admin reps an ear-full.
It would be interesting to see how many of those earthquakes and other disasters actually come if the Treasury let the market decide the value of these mortgages.
Repeal Sarbanes-Oxley, eliminate Capital Gain taxes this week, let Paulson use 150 billion to temporarily fund strapped credit market. Free market will do pull us out of the mess more quickly than Paulson proposal.
I agree. We are between a rock and a hard place. Whatever the bailout, taxpayers must be reimbursed with tax credits or rebates whenever the economy recovers. No taking of the earnings and “spending” them on taxpayer “benefits.”
Boehner is one of those trying to rush this thru now...I am almost certain of it. We all appreciate his leadership on the oil debate...however, Mike Pence was the true leader on that and now on this!
Mike Pence represents my views much better than Boehner anyway.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.