Before D.C. Gets Our Money, It Owes Us Some Answers [Newt Gingrich]
John Boner, is that you?
Posted on 09/24/2008 1:57:04 PM PDT by counterpunch
Pence is a true gentleman, an honest politician, and a very devout christian man. He could be the 2nd coming of Ronald Reagan if he could gain the momentum needed to get the GOP nod in 2012.I'd settle for the 2nd coming of Newt Gingrich in 2009.
How about also applying the tax break to the principle of already foreclosed homes purchased for the next year or two. That should get the market moving again!
Better yet, make it $600 billion, and campaign on having saved the rest.
LS, It just take a little imagination. If #142 isn't a good alternative, something like that is.
I hope you all know that if this is not done within a few days that the entire world’s economy will stop.
You won’t be able to get any money out of the bank. Your credit cards will not work. Your ATM will not work. The paycheck that you expected will not be cut.
You think I am kidding? You better go stock up on some food while the system is still up.
Having said that, I say let it crash. While it will mean starting all over and probably 10 years of hell it is the only way we will get rid of government and the only way we will get to where we only spend what we take in.
Kids born 25 years from now will be much better off if we deal with this now. I just don’t think people understand what this is going to be like and what the sacrifices will be.
John
I posted it earlier, I didn’t like what I was typing, but the only course of action that will save the economy is showing the money. As much as I wish things were different we must cough it up now. McCain will push for this and we must be behind him!
Go John McCain!!!
I’d go for that. Heck, I’d even work for the GOP if they would do that again. Gingrich and Pence would be great together.
This is just like the last amnesty scam. We weren’t told until it was “a done deal”, but that changed when Congressmen started getting their butts handed to them by the public.
So let's deal in the realm of the realistic. As of now, the very best outcome we can hope for is
1) The bailout of mortgagees is killed, or greatly adumbrated.
2) The markets shake this off and begin to quietly process SOME of the debt, little by little.
3) The U.S. economy begins to grow again, realizing that we can literally outgrow most problems.
“We do not support government bailouts of private institutions. “
“The problem is, we have some govt. institutions in effect here.
So, they aren’t quite going against the statement.”
They aren’t only planning to bail out the GSEs. FedGov already bailed out Fannie and Freddy a few weeks ago to the tune of billions. This is bailing out large private institutions which speculated in credit derivatives, something the Republican Party explicitly pledged NOT to do as recently as this month.
The Pubbies and their apologists can cavil all they want, but this albatross will be hung, by the press and the Dems, around the Pubbies’ necks as the mother of all flip flops.
Like what?
2 more reasons to oppose this Billionaire Bailout Bonanza.
Abolish the Federal Reserve.
adm5 (2008)
I understand your frustration, but if suggesting a good idea that should be or could be on the table is beyond the scope of realistic discussion, then most everything done here beyond spectating is unrealistic.
Agree 100%.
> Democrats have little incentive to work with Republicans to come up with a more acceptable plan when stalling makes McCain look ineffective.
I’m thinking what you’re thinking. I think Mac has painted himself into a corner, and the RATs will just hang him out to dry (to mix a few metaphors).
Because understand this: the other side knows EXACTLY what they want to accomplish, and any wasted effort or diffusion of energy at all is going to result in them getting everything.
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