Posted on 09/25/2008 4:46:18 PM PDT by quesney
ABC Newsblog Stephanopoulos: Paulson Fears Deal May Collapse
September 25, 2008 6:05 PM
ABC News' George Stephanopoulos Reports:
Treasury Secretary Henry Paulson fears the Wall Street bailout deal is falling apart after a chaotic White House meeting, sources say.
Paulson walked into the room where Democrats were caucusing after today's meeting at the White House and pleaded with them, "Please don't blow this up."
Rep. Barney Frank, D-Mass., chair of the House Financial Services Committee was livid saying, "Don't say that to us after all we've been through!"
House Speaker Nancy Pelosi said, "We're not the ones trying to blow this up; it's the House Republicans."
"I know, I know," Paulson replied.
Democrats believe that House Republicans are torpedoing the framework deal reached in the bipartisan agreement of principles released by the Senate Banking Committee on Thursday.
Thank you. Please, keep up the fight. Stick to Principle.
Stop this 50-year slide to Socialism.
The Democrats are playing into the hands of McCain and the House GOP. This bill is incredibly unpopular, and they are crediting McCain and Congressional Republicans for standing against it. This is hilarious!
The Democrats are playing into the hands of McCain and the House GOP. This bill is incredibly unpopular, and they are crediting McCain and Congressional Republicans for standing against it. This is hilarious!
Scoot a little closer to George Bush, Nancy.
Pelosi the twit expected a done roll over deal. Screw the tax payers, she has her stash.
alert
Here is the must see video
Thank you House Republicans!
Screw you Nancy. You have a majority and no filibuster in the House. No one’s stopping passage there, you just won’t cover for this horrific plan and they aren’t interested in covering your hides.
Like I said, we may be forced to do something, but that something damn well doesn’t have to be what Paulsen cooked up.
They better come up with something to replace it. This isn’t a situation where just stopping it does anyone any good.
It would be a disaster. If they have a better idea I am all for it, but they have to get it done no later than Monday or we all could be screwed.
Wasn’t Nancy Pelosi one of the largest receivers of payoffs from Fanny Mae?
it’s the House Republicans.”
I thought McCain was being blamed by the Dems? He’s in the Senate. GAWD, the DEMS want to blame everyone else so bad they can’t get their own blame-game straight!
Yep... I’d say sit tight. We’re not at armagedon. (of course I have no debt and no plans on acquiring debt) :)
Go Pence!
But Nancy, you and Harry (and B Fwank) said there was no reason for McCain to show up, you already had things worked out???
The Democrats are never to blame for any ills, continually blabs Nancy Pelosi, the woman who has helped make Congress into the least-approved Congress in history. Atta girl!
The "leader" on the Senate side is Chris Dodd. He's in the pocket of Fannie Mae. I covered that, too.
Congressman Billybob
The Declaration, the Constitution, parts of the Federalist, and America's Owner's Manual, here.
When it blows up I hope the bitch from San Francisco that I consider an illegal alien from the east coast is sitting on top of the powder keg!
What an ultra-maroon. I guess she hasn't heard that Capitol Hill phones are burning up with calls from people livid over this bailout plan.
These stories are so bogus. Aren’t you all in total sympathy for poor “livid” barney Franks, an absolute goon who never lets anyone else talk? And of course democrats are all doing the public good it’s those evil republicans and McCain causing all the trouble.
Boo hoo they didn’t reach a deal the first day. What pathetic scum they are, and you can be certain the dems will wreck our economy for political gain. Duh.
Bush and Paulson focused on being sure they had something the Dims supported, 1st; knowing their majorities could kill a deal.
In that process they gave away too much.
Then, they tried to force the House and Senate GOP to simply accept what Bush and Paulson had given the Dims.
There was no “bi-partisan” deal.
There was a Bush-Paulson Dim deal, and the House and Senate GOP was simply told to accept it or be the spoilers.
If Bush and Paulson had gone first to the House and Senate GOP, got THEIR limits into the plan, took that plan to the Dims as the Bush-Paulson plan, Bush would have done right by his party and its principals and the American people.
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