Bailout flops
Pelosi: “$700 billion a staggering number but only a part of the cost of the failed Bush economic policies to our country.”
The 228-205 vote to reject the bill came from both sides of the political aisle, as more than two-thirds of Republicans and 40 percent of Democrats voted in opposition.
The Hill reports that House Republicans blamed a partisan speech from Speaker Nancy Pelosi for the failure of a massive Wall Street bailout measure.
“I do believe that we could have gotten there today had it not been for this partisan speech that the speaker gave on the floor of the House,” House Minority Leader John Boehner said, adding that Pelosi “poisoned” the GOP conference.
Deputy Minority Whip Eric Cantor (R-Va) held up a copy of Pelosi’s floor speech at a press conference and said she had “failed to listen and to lead” on the issue
Seeing Red AZ 
Clinton, Dodd, Franks own this crisis, along with their Dem cronies who made millions – they need to be held accountable! The Dems have the majority – they could have passed this without Rep. – why did so many Dems vote NO Nancy?
The Dems MUST get their hits in. As if they shoulder no responsibility? What a joke. They were also complacent in securing home loans for those who couldn’t afford them. Their desire to harm Republicans in the upcoming election is palpable. It is regrettable that this vote was taken immediately preceding this crucial presidential and congressional election. The trickle down could affect lower ballot races as well, and the Dems are all too aware of the potential.
They are obviously salivating at the proposition of using this issue to unseat Republicans and keep others from being elected. Their raw ambition is so overriding that they are willing to let the nation’s economy grind to a halt. In fact they desire that outcome. It gives them something to point to.
All of this posturing is being done to assist BO. Who would have imagined that only seven short years after the 9/11 terrorist attacks, perpetrated by fanatical Muslims, that we would be on the brink of electing the son and grandson of practicing Muslim leaders. As a child, Obama attended Muslim schools himself, although he has attended a Christian church with an anti-American minister preaching a anti-American, Afrocentric theology message for the past twenty years. He only left after continually defending the minister and the message, after the pressure became too intense.
It’s not PC to remind ourselves of these facts, but they are all true and worth considering.
Pelosi can’t help herself. Liberalism is in her blood. Her father was a three term Democrat mayor of Baltimore.
Between Pelosi, Obama, Clinton, and not least Sen. Dodd, America has been and is being taken for a very expensive and very damaging ride. How damaging depends on how gullible the public is and how willing they are to be taken in by Democrat posturing. Pelosi has put party before country and deserves to lose her current position. Dodd should be dismissed IMMEDIATELY as the banking and finance committee chair on the grounds of conflicts of interest, and should be investigated for his role in preventing reform legislation while accepting $200K + campaign dollars from BOTH AIG and Fannie Mae. While we’re at it, Obama ought to be investigated for being the second most favored beneficiary of campaign largesse from both AIG and Fannie Mae.
If Obama wins the general election, the Carter years will look really good in comparison. I look for gas prices to spike hard and high, inflation to balloon, and taxes to be raised at both state and federal levels for EVERYONE. I also look for “official” unemployment to climb above 8% even as corporate America continues its offshore exodus and immigration/amnesty programs are expanded.
What truly bothers me is the fact that so many Americans are buying into this bologna being served up by the Dems. They caused this debacle with loosened lending directives, compounded it with lack of regulations and now want to lay it on the Republicans. The Dems have created a housing nightmare, ruined many retirees and potential retirees investments, caused gas prices to rise higher than ever before and pushed for amnesty for illegals- and they will probably get voted back in! Anyone who votes for B.O. thinking he and a Dem Congress have the answers to our economic issues is delusional.
.RA: You paint a dismal picture. Unfortunately, I think it’s a correct one. As much as I dislike McCain, he’s got to be better than Barack Hussein Obama.
This whole thing is a big fake out – get out of debt. Yes, the economy will slow down and there will be more people losing jobs. But in the end people who have invested wisely and paid their debts will be fine….
Of course, food bank lines will get longer… so make sure you donate some more food.
Our conspicous consumption is the root of this – and maybe we will all learn to live with less –
ron
ron