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Deal or No Deal? Boehner Says ‘No Deal’
September 25, 2008 11:11 AM
House Minority Leader Rep. John Boehner, R-Ohio, just issued a statement on the legislation being hammered out by House Financial Services Committee Chairman Rep. Barney Frank, D-Mass., and Senate Banking Committee Chairman Chris Dodd, D-Conn.
“As I told our conference this morning, there is no bipartisan deal at this time," Boehner said. "There may be a deal among some Democrats, but House Republicans are not a part of it.”
Frank and Dodd are in a room on the first floor of the Capitol Building along with the ranking Republican on the House Financial Services Committee, Rep. Spencer Bachus, R-Ala.; the No. 2 Republican on the Senate Banking Committee, Sen. Bob Bennett, R-Utah; Senate Budget Committee Chairman Kent Conrad, D-N.D., and ranking Republican member Sen. Judd Gregg, R-N.H.
Also present are Senate Banking Committee members Sen. Chuck Schumer, D-N.Y., Sen. Jack Reed, D-R.I., and Sen. Bob Corker, R-Tenn.
Sen. Richard Shelby, R-Ala. -- the ranking Republican on the Senate Banking Committee who is expected to ultimately oppose the bailout -- is not there.
-- Jake Tapper and Z. Byron Wolf
September 25, 2008 | Permalink | Share | User Comments (36)
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How much Bank scandel actually follows McCain? Well, He was investigated and largely exonerated in a political influence scandal of the 1980s as a member of the 'Keating Five'. His connection to Rick Davis, who imbezzeled money from Fannie Mae, as early as last Month. And one of McCains sons, who was a bank auditor, mysteriously left his job , two months before the bank went bankrupt. Even another Senator from an earlier speech, connected McCain to the scandel in the 1980's. The 'Keats five'. McCain has told us, he has been in contact with the Senate, but even the Senators said, they had not spoken to him. He just heard of the plan two days ago. McCain has lost Touch. Being touched by CORUPTION, must make him feel a little numb. If he can still feel at all.
I have a question, about any other organizations, he may be a part of.
Americans may be curious to know which one. I suggest transparency be implemented. At least that is McCains platform. It still is, Right?
And guess what, about Todd Palin?
:)
Of course, Sarah could not join. But she could speak at a group meeting. She's a Female. Only Men join this group. Women join the OTHER ONE.
Who is Senator Richard Shelby...
Who wants the answers?
So McCain sides with FOREIGN CAPITOLIST NAZIS. The Far Right Republicans have voiced their opinions, about America. They 'Do' want it to fall. And they said IRAN was bad. CAPITOL TERRORISTS ARE ALREADY IN AMERICA. They are just waiting for Middle America, to kill eachother, trying to get to them. How much 'Chemicals' are YOU going to dump on us?
A 'CHEMICAL WEDDING', is the story of Far Far Right Republicans. The NAZIS. Do you want more? Palin was right when she said she gets to deal with Russia. Now Richard Shelby, are you sure you are ready for more news about YOUR History. Or McCains? Or shall we reveal more about Palin? We will NOT let you commit Genocide on AMERICANS. NO MIDDLE EASERN CAPITOLIST WILL GET A GOLDEN PARACHUTE. No Believer in God would stand for your Genocide.
Do people really want to know of your Chinese Genicide Plans? Is there an 'Ear at the Door'? Have you had your 'FLU' shot yet? You are not a Republican. You are a Far Out of Touch Nazi.
'A Chemical Wedding'= Rise of the NAZIS.
Every Free America should read this.
Posted by: historyforgotten | Sep 25, 2008 9:52:44 PM
I appreciate the vegetable soup recipe; however, if the right continues down this slippery slope, the majority of Americans will need a recipe for stone soup instead.
Posted by: Dave | Sep 25, 2008 8:40:47 PM
It is a reckless behavior that we are seeing from Representative Boehner et al. If what the president said last night is true, Republicans have no right to gamble with the future of this country. I guess the slogan "Country First" is just that- a slogan. This is definitely not the time for political posturing. People really need to call and write to Congress and let them know that their actions will be remembered.
Posted by: Dave | Sep 25, 2008 8:36:18 PM
Obama had the guts and the savvy to punch right out of that box and expose McCain for using yet another gimmick to distract from any real issues..
Posted by: Teri B. | Sep 25, 2008 12:57:39 PM
-------------
How did you come up with THAT?
I thought Obama came across as as a dedicated pro-ME, forget about the country kind of a fellow.
And , for the moment, he still IS a senator, isn't he?
And our country IS in crisis, isn't it?
Nonetheless, for Obama, it was:
CAMPAIGN FOR OBAMA FIRST,
COUNTRY LAST!
Posted by: OPEN YOUR EYES | Sep 25, 2008 2:27:45 PM
"Mortgage backed securities" and "credit default swaps" are not the same thing as mortgages. They are fancy pieces of paper made to look real so they can be sold to suckers. If Congress thinks these things are good investments, they should use their own money to buy them, and not involve us beleaguered taxpayers. the republicans in the Senate have a net worth of over a billion dollar between them, that sounds like a good place to start to me.
Posted by: Rusty Austin | Sep 25, 2008 2:08:02 PM
xargaw,
I don't know about the other shallow intellectuals, but I say oxcarts on the interstate is a good way to restart civilization.
Posted by: Leonard Peltier | Sep 25, 2008 2:00:23 PM
Well Mr. McCain not only invented the Blackberry, he just saved America on the way to his office.
My hero.
Posted by: Leonard Peltier | Sep 25, 2008 1:59:00 PM
All the shallow intellects that say, "let them fail," know nothing about economics. The problem has nothing to do with one company doing under. These companies are sooooo big and interconnected, if one fails they bring down the others like dominos. The result with be the failure of major industries, the banking system and no revolving credit for anyone. Are you really willing to see major industries collapse, millions of jobs lost, banks fail, pensions worth zero, personal wealth evaporate and no liquidity for any assests. This economic meltdown is just that, a meltdown that is going to cost us bigtime, but there is no alternative. This country is going to be paying for a long time. The lesson is breaking up the big giants, returning to regulations and oversight. This mess stated began with Reagan and was fast tracked with Bush.
Posted by: xargaw | Sep 25, 2008 1:58:19 PM
"AIG has assets over a trillion but needed 85 million from tax payers, garbage. Sell your assets."
s.b. - the point was AIG would not have gotten market value for its assets without getting a loan from somewhere. The markers were being called in now, and everyone knew AIG would be desperate to sell assets to come up with the liquidity. They needed time to get market value for their assets, which this loann provides. Now they will be selling their assets, and ultimately paying a whole lot more than 85 billion because of the 11% interest. I'm against the bailout proposal, and the government seizing 80% of AIG, by the way, just thought I'd try and clear up why AIG needed a loan.
Posted by: P | Sep 25, 2008 1:04:10 PM
It's the same old "Bush's way is the only way" approach to everything Boehner has always adopted. Even President Bush himself conceded last night in his speech that the Democrat's proposals on this are correct.
They've really made themselves a sweet deal here, haven't they? Either the Democrats: 1) Stay and fuss and bicker with them endlessly, and risk their congressional seats by not leaving to run for re-election; 2) Give them exactly what they want, the keys to what's left of any future national treasure to pillage; or 3) Make no deal at all, which gives the Republicans the chance to say Democrats caused a depression, which will probably happen either way. Same old Rove-style political box.
I'll say this for Obama, when McCain tried to put him in that box yesterday by "suspending" his campaign and trying to cancel the debate, Obama had the guts and the savvy to punch right out of that box and expose McCain for using yet another gimmick to distract from any real issues.. Good for him!
Posted by: Teri B. | Sep 25, 2008 12:57:39 PM
This bailout is a ripoff that will only make the economy worse. They are stealing our money and our assets and literally giving them away to the private sector. This is scary...
Posted by: McHooverville | Sep 25, 2008 12:50:57 PM
Well said Phillip.
Posted by: Barney Phiffe | Sep 25, 2008 12:41:09 PM
Just to be prepared Vegetable Soup -
Ingredients
1 bunch of chopped celery
2 dry onion soup mix packages (1 ounce each)
1 chopped zucchini
6 chopped onions
1 large chopped green bell pepper
8 chopped tomatoes
1 medium head of chopped cabbage
8 whole peppercorns
2 minced garlic cloves
1 bay leaf
Directions
First, mix all your chopped vegetables: cabbage, onions, bell pepper, celery, zucchini and tomatoes, into a large pot. Then, pour in water to cover all the vegetables by one inch. Now, stir the onion soup mix, peppercorns, garlic and bay leaf. Finally, bring to a boil, then reduce heat and simmer for approximately 90 mins to 2 hrs, until the vegetables are tender.
Get used to it, this might be the staple for a long time
Posted by: Mike | Sep 25, 2008 12:23:24 PM
These companies have trillions in assests. Tell them to sell them off first. AIG has assets over a trillion but needed 85 million from tax payers, garbage. Sell your assets.
Posted by: s.b. | Sep 25, 2008 12:22:34 PM
I agree - let then fail - no one was around 8 years ago when my business failed - screw the little business owner, his failing won't damage the broken system, but a big company that the executives would be in the unemployment line like me? Fagetaboutit
Posted by: Miller | Sep 25, 2008 12:15:01 PM
I sure would like to have the news media, with cameras in hand during this meeting with Bush, McCain and Obama. I was to see who actually comes up with the Grand Idea on how to save our sorry a**.
Posted by: beck | Sep 25, 2008 12:13:31 PM
Mr. trouble never hangs around,
when he hears this Mighty sound,
Here I come to save the day!
That means that Mighty Mouse is on the way!
Yes sir, when there is a wrong to right,
Mighty Mouse will join the fight!
On the sea or on the land,
He's got the situation well in hand!
You're my hero!
Posted by: S. Pailin | Sep 25, 2008 12:11:32 PM
I say let them fall.
We will pick ourselves up again and move on.
Talk to you in the soup lines.
Oh and for those who do not want their lives being ran by your government... I hope I do not see you the government ran food lines. Fend for yourself.
Posted by: beck | Sep 25, 2008 12:09:46 PM
Boehner the Boner as if this comes as any surprise, just as in August during the yearly vacation time he was playing politics along with his stupid Republicans holding meetings in the shut down house all for show. This non Vet blow hard coward needs a lesson in Duty Honor Country, first last and always before personal or party needs.
Posted by: Ernest T Bass | Sep 25, 2008 12:08:42 PM
Careful marylou, I believe it is coming out that McCain's campaign manager, Davis, is not as hands off with the lobbying company hired by Freddie as the campaign is saying. It is coming out he is still listed as treasurer and corporate director at the lobbying firm. According to Newsweek, Davis has been getting $15,000 per month since 2006 and continued until last month. That would be just under a half a million Davis had received to lobby for Freddie. That is much lower than the $123,000 Obama recieved, much of it being individual contributions that are rolled up under the total for the company.
Posted by: Mack | Sep 25, 2008 12:08:12 PM
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