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Bailout resistance - “idiotic and myopic.”
"Special Report With Brit Hume" ^

Posted on 10/03/2008 4:39:39 PM PDT by Tango Whiskey Papa

The Thursday, October 2, 2008 "Special Report With Brit Hume" on Fox News discussed the ramifications of not passing the Rescue Bill. Fred Barnes, Executive Editor, the Weekly Standard gave the following stupid response to a question on the House Republican’s resistance to this bailout/pork bill from Host Brit Hume; Brit Hume: “Let me ask you this question, Fred (Barnes). You're none unsympathetic to the conservatives in the House of Representatives, and the noisiest opposition to this measure has come from conservatives in the House. Give me your thoughts on the quality of their arguments.” Fred Barnes: “I think their arguments are idiotic and myopic. It is as if they are operating from some ideology that says we cannot interfere with the free market by having the government do more.” So Mr. Barnes defines opposition to socialism being cloaked in this pork laden bailout bill as “idiotic and myopic!” What will he call it when the feds take over health-care, the entire banking industry, Wall Street, amnesty, education, embryonic stem-cell research, energy, union voting rights, global warming, etc?

(Excerpt) Read more at foxnews.com ...


TOPICS: Business/Economy; Government
KEYWORDS: brithume; foxnews; fredbarnes
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1 posted on 10/03/2008 4:39:39 PM PDT by Tango Whiskey Papa
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To: Tango Whiskey Papa

I like Rush best when he is a little sleep deprived like he said he was today . He spoke of “Barnes and Rangel” like a PR team . LMAO


2 posted on 10/03/2008 4:43:43 PM PDT by kbennkc (For those who have fought for it freedom has a flavor the protected will never know F/8 Cav)
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To: Tango Whiskey Papa

Well aren’t we all happy knowing that the democrats have near total regulatory control over America’s financial institutions? [/sarc]

People worrying about ACORN don’t have to worry any more, the money will get funneled to them in huge amounts.


3 posted on 10/03/2008 4:46:32 PM PDT by cripplecreek (Paying taxes for bank bailouts is apparently the patriotic thing to do. [/sarc])
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To: kbennkc
Fred Barnes is a so-so conservative but in any case wouldn't know a debit from a credit. Like 80% of comgressmen he has no literacy in economics. His opinion is worth about the same as the opinion of the kid who offers to supersize your fries.
4 posted on 10/03/2008 4:48:42 PM PDT by hinckley buzzard
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To: Tango Whiskey Papa
Fred Barners is just myopic and idiotic... what he and his fellow Beltway poseur conservatives imagine - the bailout money is "free?" So much for small government and fiscal discipline. To the folks at National Review such as Rich Lowry and at Weekly Standard like Barnes and William Kristol, conservative principles are the first thing to go when there's a "national emergency." Its an infinitely elastic principle. So we must join the Left in worshipping at the altar of Big Government. I'm so glad William Buckley isn't around to see what's happened to the conservative movement.

"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus

5 posted on 10/03/2008 4:48:54 PM PDT by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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To: Tango Whiskey Papa
FRED BARNES, EXECUTIVE EDITOR, THE WEEKLY STANDARD: They could. I don't care about the mental health parity, and some of the other things that don't belong in there.

I heard Krauthammer today say that mental illness coverage will now be included in any health insurance, whether it is paid by the employer or emplpoyee, and will cost billions! Thank you United Socialist States of America Senate!

6 posted on 10/03/2008 4:50:14 PM PDT by Road Warrior ‘04 (President Bush has let me down! Palin in 2012!)
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To: Tango Whiskey Papa

How’s that “rescue” working out for ya Fred?


7 posted on 10/03/2008 4:50:37 PM PDT by listenhillary (<*oo*>)
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To: Tango Whiskey Papa

Every now and again a talking head will say something so revealing that all their subsequent opinions are worthless, even if they might be right. Fred Barnes is a myopic idiot who no longer is worth paying any attention to.


8 posted on 10/03/2008 4:51:14 PM PDT by GBA
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To: Tango Whiskey Papa

Maybe the Republicans should make more noise about regulating the media outlets via the FCC etc. See if that gets attention from these economically-illiterate morons.


9 posted on 10/03/2008 4:51:15 PM PDT by ikka
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To: Tango Whiskey Papa

BARNES: I think their arguments are idiotic and myopic. It is as if they are operating from some ideology that says we cannot interfere with the free market by having the government do more.

But, look, Ronald Reagan would do this. Alexander Hamilton did it. When you have an economic, when you have a financial crisis that threatens to blow up the economy and put America in a deep recession or worse, that’s when government is supposed to act.

If you’re a libertarian and you don’t believe in government, that’s something. But those Republicans are not libertarians. They’re just nuts.
******************

They ARE nuts. At THIS time they are nuts. Fred is right. They are not nuts for not wanting to do the package. No not at all. What true conservative WANTED the rescue?. Not one. But there was no choice.


10 posted on 10/03/2008 4:52:40 PM PDT by Hound of the Baskervilles ("Nonsense in the intellect draws evil after it." C.S. Lewis)
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To: Tango Whiskey Papa
I would say that it's Fred Barnes that's myopic and idiotic. Injecting $850 billion (including the latest pork) of nonexistent money into the market will do nothing but delay the inevitable correction that needs to take place (to the extent that a correction still needs to occur). This massive jump in socialism will merely delay that correction until after the election. Then the fun starts all over again.

I read all kinds of whining about the tightening credit situation, but the problem is that credit needs to be tightened. There are hundreds of thousands of people out there who have no business borrowing, but have been extended credit. The extension of credit to deadbeats is the root cause of this financial situation.

And despite all the whining by the political left (including Bush) and their media allies, I haven't seen or heard from anybody that has had any trouble borrowing money. The evidence really isn't/wasn't there. The media's bleatings are not unlike the cries about global warming - high in volume and low on facts.

I've been a federal income taxpayer since 1978. I've watched socialism grow. I've watched my taxes grow at a rate far exceeding the rate of income growth. I survived the Carter days. I enjoyed the Reagan days. I watched the first 2 years of Clinton's presidency before the Republicans took control of an excessively liberal congress. I watched the Republicans waste majorities in the House and Senate while they held the presidency. What I have NOT seen is any progress towards a more free, more individualized, less socialist society.

This bailout is the last straw - I'm no longer being robbed simply to carry the poor deadwood. I'm now being called on to carry the wealthy deadwood as well. This cannot stand.

What was needed was an end to all the programs that caused this problem in the first place. And some major arrests of several members of the congress. But none of that happened - all we get is more socialism and another taxpayer-funded bailout.

11 posted on 10/03/2008 4:59:15 PM PDT by meyer (Go, Sarah, Go!!)
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To: Hound of the Baskervilles
They ARE nuts. At THIS time they are nuts. Fred is right. They are not nuts for not wanting to do the package. No not at all. What true conservative WANTED the rescue?. Not one. But there was no choice.

The choice was for the casino party/orgy to end, or socialize free market risk and turn control over to the Democrats. Some think that keeping the money casino party/orgy going is the most important thing there is in life.
12 posted on 10/03/2008 5:02:34 PM PDT by Arkinsaw
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To: Tango Whiskey Papa

All the freakin’ FREEPERS who opposed Paulson are obtuse fruit cakes and nuts!


13 posted on 10/03/2008 5:04:30 PM PDT by Richbee
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To: meyer

You have no FREEPIN’ clue!

We are in an INTERNATIONAL CREDIT CRISIS and idiots like you want to return to FDR’s 1933.

lol


14 posted on 10/03/2008 5:06:06 PM PDT by Richbee
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To: Richbee

The credit markets are already saying 700 billion dollars isn’t enough. When do you say it’s enough?


15 posted on 10/03/2008 5:09:41 PM PDT by listenhillary (<*oo*>)
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To: Hound of the Baskervilles
What true conservative WANTED the rescue?. Not one. But there was no choice.

Yes there was.
I am looking forward to the excuses and explanations when things get worse than they are now in 6 months or less.

EVERYBODY has their hand out now.

16 posted on 10/03/2008 5:11:54 PM PDT by Publius6961 (Change is not a plan; Hope is not a strategy.)
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To: hinckley buzzard

So the opponents were nuts! The bill passes and the market is so overjoyed it moves from positive to negative ground. Explain that one Freddie. There is no flight to quality going on, only matress stuffing as the smart guys have no confidence that the Washington pack that includes Barney Frank, Nancy Pelosi, Hank Paulson, Chris Dodd, Obama, McCain or Bush can lead this nation back to fiscal sanity.
O Captain, my captain, we have bumped the reef, we are taking on water fast and the ship of state is headed for dangerous shoals ahead. I would hate to be either McCain or Obama.


17 posted on 10/03/2008 5:14:37 PM PDT by Melchior
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To: Tango Whiskey Papa

Maybe Fred (jackass) Barnes will change his tune now that they’re already calling for another bailout.


18 posted on 10/03/2008 5:18:18 PM PDT by saganite (Obama is a political STD)
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To: Richbee
You have no FREEPIN’ clue!

We are in an INTERNATIONAL CREDIT CRISIS and idiots like you want to return to FDR’s 1933.

Where have I stated that I want to return to anything resembling FDR's 1933? Or are you referring to Mr. Barnes?

19 posted on 10/03/2008 5:20:07 PM PDT by meyer (Go, Sarah, Go!!)
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To: Richbee

Well then I guess I’m a fruitcake and a nut because Paulson is one of the most incompetent jerks to ever serve in the US govt.


20 posted on 10/03/2008 5:20:50 PM PDT by saganite (Obama is a political STD)
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