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TARP traps GOP incumbents (as it should)
Politico ^ | 5/15/10 | Jim Hohman

Posted on 05/15/2010 2:45:13 PM PDT by pissant

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To: pissant
"Nowhere was it clearer than in Utah, where, as Bennett pleaded Saturday for the chance to serve a fourth term"

Well Mr, Bennett, the voters have graciously decided that it is time for you to retire and live under the boot of some of the laws you have helped pass.

41 posted on 05/15/2010 6:37:25 PM PDT by Enterprise (Dan Rather said Obama is so incompetent he couldn't sell watermelons.)
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To: pissant

Boehner, Cantor, Pence, and Ryan are doing an excellent job in their House leadership roles. If the GOP re-takes the House this November, they will deserve a great deal of the credit. I believe they get a lot of blame for what took place under Hastert and Delay, just as McConnell gets a lot of un-deserved blame in the Senate for the failures of Frist and Lott. I, for one, am looking forward to Speaker Boehner.


42 posted on 05/15/2010 6:45:11 PM PDT by csmusaret (Remember, half the people in this country are below average)
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To: csmusaret
Boehner, Cantor, Pence, and Ryan are doing an excellent job in their House leadership roles

ROFLMAO. IF the dumb bastards had been doing a good job, they would not have gotten clobbered in 2006 and again in 2008. NOW, they are doing OK. In the minority, where they must have found their balls.

The idea that the GOP leadership - as a group- did anything other than fiddlef*ck around when they had majorities and the WH is laughable.

43 posted on 05/15/2010 9:28:29 PM PDT by pissant (THE Conservative party: www.falconparty.com)
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To: kabar
Sorry, but I disagree. I did not support TARP, but Bush and Paulson stampeded a lot of people to vote for it. I fully support Paul Ryan despite this vote. Ryan has an ACU [r]ating of 92.36 over 11 years.

You worship Bush or Paulson? Who cares who they stampeded? Bush and Paulson are thankfully out of the government already. The list of folks who need to join them is quite long. Is fawning over Bush any better than fawning over 0bama?
44 posted on 05/15/2010 10:31:58 PM PDT by sefarkas (Why vote Democrat Lite?)
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To: sefarkas
I am not fawning over Bush. In many ways, he was a disaster for the GOP. His out of control spending, support of amnesty, and adding another entitlement program were inexcusable.

Paul Ryan represents the future of the party. I am not about to throw him under the bus for the TARP vote. His road map for the future of the country is both courageous and honest. For example, he wants to privatize SS.

45 posted on 05/16/2010 7:08:25 AM PDT by kabar
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To: pissant

Boehner, Cantor, Pence, and Ryan are doing an excellent job in their House leadership roles

“ROFLMAO. IF the dumb bastards had been doing a good job, they would not have gotten clobbered in 2006 and again in 2008. NOW, they are doing OK. In the minority, where they must have found their balls.”

That is what you said. This is what happenned. Denny Hastert was the Speaker of the House from Jan 97 to Jan 2007. He resigned from Congress in Nov 2007. After serving eight years as the House Republican whip, Tom Delay was the House Majority Leader from Jan 2003 to Sep 2005. He stepped down after being indicted, and was replaced by Roy Blount. In Jan 2007 Delay announced he would not seek to regain his leadership position.

John Boehner became House Majority Leader in Feb 2006 and House minority Leader in Jan 2007. You can blame Boehner for losing the elections in 2006 if you want to, but I hardly think his performance in those nine months were even a small part of the equation. A lot of things outside the House of Representatives helped create the election debacle of 2006, but if we confine ourselves to a discussion of the House, Hastert, Delay and the Mark Foley “scandal” lead the parade. True enough Boehner was the Minority leader for the 2008 elections but blaming an election that produced a President Obama on Boehner is just stretching things way too far.

As for the rest of the current GOP leadership in the House, they weren’t even in those roles for either election. Eric Cantor was elected to his position as Republican whip on 19 Nov 2008. Mike pence became Chairman of the House Republican Conference in Jan 2009. Paul Ryan is not part of the Republican leadership, but he does hold key positions on the House Budget and Ways and Means Committees, and has become a visible, vocal voice of opposition on budget and healthcare issues.

So now I will return to my original point. In my opinion the current House Republican Leadership is doing an excellent job. If we re-take the House this fall, they will deserve a lot of the credit. You and I can dis-agree on that, but
for you to blame the 06 and 08 elections on these people is not only laughable, it displays either a woeful lack of knowledge, or a faulty, and selective, memory.

Maybe that is what happens to people who spend too much time rolling on the floor.


46 posted on 05/16/2010 8:00:04 AM PDT by csmusaret (Remember, half the people in this country are below average)
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To: nmh

I did not name call you. My remarks were directed strictly at your behavior.


47 posted on 05/16/2010 11:53:40 AM PDT by Grunthor (Over YOUR dead body!)
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To: pissant

48 posted on 05/16/2010 11:54:57 AM PDT by dfwgator
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To: csmusaret; kabar; pissant

Well said CSM, well said. Kabar I have a question. Was the TARP not sold as a program to buy toxic assets from the banks thereby cleaning up their balance sheets? Was it not changed after passage by Congress by Paulson to be a series of loans in exchange for shares? And, if my memory is correct, how the heck was that change legal?


49 posted on 05/16/2010 12:01:30 PM PDT by 19zulu (Remember, half the people you know are below average.)
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To: csmusaret

If I’m not mistaken a couple of these guys were very much part of the “leadership” for some time.

Hmmmm: Cantor was Chief Deputy Whip starting in 2002.

Hmmmm: Boehner has been part of the House leadership in various roles since 1995.


50 posted on 05/16/2010 12:34:45 PM PDT by pissant (THE Conservative party: www.falconparty.com)
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To: 19zulu
TARP has been an abject failure. Only about $100 billion was spent on what it was supposed to support. It has become a slush fund for the Dems.

When Bush and Paulson pulled the leaders of both parties into a meeting, the message was clear, i.e., if TARP isn't passed immediately, the global economy will collapse and the US will be pushed into something worse than the Great Depression. If you look at the votes, the leaders of both parties voted for it, including Ryan. They made a mistake. 20/20 hindsight is easy.

" Calling himself an advocate of free markets, Paulson claims the unusual TARP program was necessary -- "The intervention we undertook I would have found abhorrent at any other time. I make no apology for them, however. As first responders to an unprecedented crisis that threatened the destruction of the modern financial system, we had little choice."

"In a meeting that evening with Congressional leaders and staff, Paulson, Fed Chairman Ben Bernanke, and others offered a dire assessment, and made an appeal for intervention that ultimately resulted in TARP. Bernanke and Paulson beseeched the legislators to act quickly, warning that, the entire U.S. economy might collapse in days without rapid intervention."

51 posted on 05/16/2010 12:39:05 PM PDT by kabar
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To: pissant

Boehner, Cantor, Pence, and Ryan are doing an excellent job in their House leadership roles. If the GOP re-takes the House this November, they will deserve a great deal of the credit. I believe they get a lot of blame for what took place under Hastert and Delay, just as McConnell gets a lot of un-deserved blame in the Senate for the failures of Frist and Lott. I, for one, am looking forward to Speaker Boehner.

A point so worthy I made it twice. If you don’t like these guys that is your right, but it is dis-honest to blame them for the faults of others. There is no way in hell Boehner, Cantor, Pence or Ryan caused the loss of Republican majorities in either House. Just man up and admit your mistake.


52 posted on 05/16/2010 12:49:36 PM PDT by csmusaret (Remember, half the people in this country are below average)
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To: kabar

I don’t care who did or did not vote for it. I am just curious to know whether it was a bait and switch, and if so was that legal.


53 posted on 05/16/2010 12:54:26 PM PDT by 19zulu (Remember, half the people you know are below average.)
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To: 19zulu
I don't know if Paulson and Bernanke were pulling a fast one or not. I don't know how they came up with the numbers. It is suspicious that Goldman Sachs emerged virtually unscathed and there is no doubt that the bailout of AIG was really the bailout of foreign banks.

Perhaps the one time audit of the Fed recently passed by Congress will shed some light on it.

54 posted on 05/16/2010 12:58:09 PM PDT by kabar
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To: csmusaret

With the exception of Pence, all three were pimping TARP which was the beginning of a downward slide. They pushed it against the will of 65% American people (sounds like ObamaCare) and probably 95% of conservatives. They pimped it after initially opposing it in no uncertain terms. Now granted, Pelosi and Reid and Paulson beating on you might be unpleasant, but it sure as hell is NOT a reason to waffle and side against the American people.

Pop Quiz. Which leadership member told the media that No Child Left Behind was his “proudest achievement” of his congressional career? Hint: It wasn’t DeLay or Hastert.


55 posted on 05/16/2010 1:02:30 PM PDT by pissant (THE Conservative party: www.falconparty.com)
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To: pissant

Well alrighty then. You have finally made me understand that broad Republican support for Tarp caused the GOP to lose control of the House in 2006, and because Boehner was just as instrumental in The Contract With America as he was in No Child Left Behind he single handedly lost two elections. Your flailing attempts at logic are no longer amusing; only boring. Have a nice day.


56 posted on 05/16/2010 1:17:53 PM PDT by csmusaret (Remember, half the people in this country are below average)
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To: csmusaret

You fail to understand something. An energized base is what leads to election victories. NCLB, TARP, Amnesty, and discretionary spending worse than Slick Willie’s was a great way to deflate that energy, not to mention the fact they were ALL pushing RINOs for the 2008 GOP presidential nomination.

And trust me, it is not the leadership now that is inspiring the conservative moverment, though they are at least acting tough now. It’s the Bachmanns, Kings, Inhofes, and DeMints along with the Tea Party folks who are making the difference.


57 posted on 05/16/2010 1:25:58 PM PDT by pissant (THE Conservative party: www.falconparty.com)
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To: pissant
Paul Ryan has a spine of linguini, just like ALL the House leadership

You got that exactly right. Ask pitiful Paul what time it is and he will try to tell you how to make a watch.

58 posted on 05/16/2010 1:42:26 PM PDT by dearolddad
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To: pissant

You fail to understand that the 2006 elections were two years before TARP. You began this thread by calling the current GOP leaders asses who cost us two elections. I disagreed and proved you wrong, so now you are trying to change the argument. It is really getting tiresome so just go away and take your twisted thinking with you.


59 posted on 05/16/2010 2:03:45 PM PDT by csmusaret (Remember, half the people in this country are below average)
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To: csmusaret

You disagreed and I showed you two of the brain dead fools have been in the GOP leadership since 1995 and 2002 respectively.


60 posted on 05/16/2010 2:06:06 PM PDT by pissant (THE Conservative party: www.falconparty.com)
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