RECENT POSTS
- President Obama: Asia Trip Helped Usher in a New Era of American Engagement
- Secretary Sebelius Celebrates the Tenth Anniversary of National Adoption Day
- Organizing for America Targets Sarah Palin
- Obama Administration Starts to Publicly Raise Issue of Detained US Citizen Xue Feng
- President Obama Gives Interview (of Sorts) to Dissident Cuban Blogger
- "You Guys Make a Pretty Good Photo Op," President Obama Jokes to Troops at Osan Air Base
- Did the Chinese Government Crack Down on an Obama Interview?
- Our Trip to the DMZ
- President Obama Greets U.S. Troops in South Korea, Wraps Up Week in Asia
- White House: We’re Not in the “Immediate Gratification Business”
MONTHLY ARCHIVES
« Previous | Main | Next »
House Republicans Still Not On Board
September 25, 2008 2:10 PM
A spokesman for House Minority Leader John Boehner, R-Ohio, cautions that House Republicans have not signed on to anything.
Spokesman Kevin Smith said this includes Rep. Spencer Bachus, the ranking Republican on the House Financial Services Committee, who spoke to the press after this morning's negotiation over the Wall Street bailout bill.
After the meeting, Bachus told reporters, "One thing that I'm encouraged by is something that Sen. (Jack) Reed and I have worked on for taxpayer protection, to see that the taxpayer and the Treasury is reimbursed for their expenditures. And I think that was an important step that we all took. And we're committed to the tax money -- the taxpayer being protected. There was progress today. And I felt like the discussions were very open. And we're all committed to a successful and positive conclusion."
Bachus was the only House Republican at the meeting. Three Senate Republicans were in attendance. Asked if his boss had signed on to the plan, Bachus's spokesman said, "this is above my pay grade," and referred a reporter to the House Financial Service Committee staff.
Boehner issued a statement this afternoon, saying, "I am encouraged by the bipartisan progress being made toward an economic package that protects the interests of families, seniors, small businesses, and all taxpayers. However, House Republicans have not agreed to any plan at this point. We owe it to all those with a stake in this process to continue our discussions until we arrive at an agreement that is acceptable on both sides of the aisle -- and more importantly, one that serves the interests of American taxpayers. With that in mind, I look forward to joining my colleagues, President Bush, Sen. McCain, and Sen. Obama at the White House later today to take the next critical steps on a rescue package."
- jpt
September 25, 2008 | Permalink | Share | User Comments (75)
You can follow this conversation by subscribing to the comment feed for this post.
Um, the dems just cant keep their pet projects out of anything. This is despicable.
Posted by: WakeUpJake | Sep 26, 2008 10:06:31 AM
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 9:53:19 PM
You Talk about McCain running back to take responsibility and then when he says no, you blame the Dems for taking the responsibility.
Grow up or explain yourselves.
Posted by: Leonard Peltier | Sep 25, 2008 8:20:30 PM
If you kool aid drinkers think the Dems are going to allow themselves, (even with Pelosi and Reid leading) to end up holding the bag in this thing you are really out of your minds.
Posted by: Leonard Peltier | Sep 25, 2008 8:19:16 PM
Shouldn't about two-thirds of the Congress be turned out -- or absent themselves voluntarily -- for conflict of interest?!
Starting with Pelosi, Reid, Dodd and Frank?
Posted by: Belle Starr | Sep 25, 2008 8:04:55 PM
Not too many comments here -- lots of connection and email trouble, outside the ... DC center?? (Terrible here in California 1 CD -- Blue Dog Mike Thompson, anyway...)
Looks like most of the media and Democrats (especially the "leadership" -- and Barney Frank and Christopher Dodd) back Bush and the bailout.
And that most of the P E O P L E oppose the bailout -- it IS a "bailout", whatever the Dems say, and "$700 billion" is only the amount that can be taken in one bite, not the upper end --
and that the Republicans, with the people, oppose the bailout.
Shouldn't about two-thirds of the Congress be turned out for conflict of interest and worse right NOW?!
Starting with Pelosi, Reid, Dodd and Frank? Only a bailout will hide their ... uh ... you know, complicity with the financial forces.
Posted by: Belle Starr | Sep 25, 2008 7:56:31 PM
Hopefully everyone stands their ground against Bush this time? To scare the voters and force a bail out for the CEOs that caused this mess in the last days of Bush's Presidency is more then a disgrace. Where was Bush a few years ago when it would have made a difference? Where was McCain a few years ago when it would have made a difference? The CEOs are looking for one more hand out before Bush leaves office. Hes attempting give it to them.
Posted by: Paul | Sep 25, 2008 7:36:11 PM
Underdog,
I have seen a lot of great minds with a lot of great ideas regarding this problem. I have no idea which will work and which won't. I think many of them take something like your approach.
The problem is that those ideas are so 'radical' to the establishment it is like trying to hammer a square peg into a round hole. They don't have the conceptual (political) tools to allow them much room to move on either side.
It might be possible, but imagine how much time it would take to accomplish such a lofty, and the Right would say,
'socialist' policy that all could agree on.
But that's just the way I see it.
Posted by: Leonard Peltier | Sep 25, 2008 6:44:47 PM
WOULD YOU ALL CORRECT ME?
WOULD IT NOT WORK IF WE WENT TO THE BOTTOM, WHERE THIS PROBLEM STARTED, THAT IS THE TRICK THE LENDERS PLAYED WITH THE BAD MORTGAGE LOANS.
I UNDERSTAND IT AS THE FORCLOSURES ARE DUE TO THE SUB-PRIME LOANS, WHY NOT ATTACK THIS ISSUE, PUT THE MONEY AT THE PROBLEM, BY RESOLVING THESE BAD LOANS FOR THE PEOPLE WHO WERE LIED TO, LET THE MONEY GO UP THE CHAIN, AND LET THE GREEDY BAS..., AT THE TOP FIGHT FOR THE MONEY THAT IS LEFT.
AND MAYBE THE STRONGEST, AND HONEST BANKS SURVIVE.
DO YOU THINK THAT WOULD WORK, IF WE HAD TO PUT 400 BILLION BACK IN THE MONEY STREAM LET IT FLOW UP. THE TRICKLE DOWN HAS ALREADY FAILED.
Posted by: Underdog | Sep 25, 2008 6:29:15 PM
Congress and Bush have a tiger by the tail and JSM just ran in and grabbed it.
Posted by: Leonard Peltier | Sep 25, 2008 6:22:39 PM
Underdog,
The party unity game is only the top layer of what is going on here.
McCain NEEDS to vote no. The party NEEDS to at least try to find some resolution
but none of them benefit from a yes vote
if we all get stuck for $0.7-$1.8T.
Posted by: Leonard Peltier | Sep 25, 2008 6:20:03 PM
Good for the Republicans. The government should stay out of this mess. It's already made matters worse with the bailout of Fannie and Freddie. To continue down this road is folly.
Posted by: independent | Sep 25, 2008 6:18:55 PM
McCAIN BACK ON THE HILL
He's back!!
Doing nothing,, as he did before he ran for President McCain is not respected by his own PARTY.
HOW CAN HE BE RESPECTED BY THE AMERICAN PEOPLE.
HE WANTS TO PUSH THIS 700 BILLION DOWN AMERICAN'S THROAT AS IS WITH "PAULSON" AND "CHENEY" HANDLING THE MONEY PURSE.
WHAT A JOKE..
OBAMA 08
Posted by: Underdog | Sep 25, 2008 6:18:39 PM
McCain the UNITER
McCAIN CAN'T GET HIS OWN PARTY TOGETHER, HOW CAN HE REACH ACROSS THE AISLE..
HE IS A JOKE..
OMABA 08
Posted by: Underdog | Sep 25, 2008 6:13:41 PM
Apparently #2 it is, but there is another 25 hours so he will have to hang around and kill at least one more or twist in the wind if someone says there wont be a new proposal for a week.
Kabuki theater with live grenades.
America First, baby.
Posted by: Leonard Peltier | Sep 25, 2008 6:07:13 PM
I wouldn't claim that represents the left. It only represents hate and I don't condone it either.
Posted by: Leonard Peltier | Sep 25, 2008 6:01:07 PM
clarification: IF there is a meltdown it will end the party, if not..he still has his base and maybe a bit more...maybe not.
It's a high risk low stakes game for him, but not for the rest of us.
Posted by: Leonard Peltier | Sep 25, 2008 5:58:08 PM
I kind of like the assessment that Buchanan just made:
McCain has run from the debate into a burning building. He has two choices:
1. Vote for a bailout and alienate his base by being the father of new American socialism.
2. Vote against a bailout and risk financial meltdown, bringing an end to the Republican party.
Knowing McCain he will likely opt for #2.
Weeeee!!!
Posted by: Leonard Peltier | Sep 25, 2008 5:55:56 PM
Of course McCain is afraid. He is old, he is feeble and he is not meant to be the POTUS. We know Barack Obama deserves to be POTUS and that he will be.
Republicans are afraid.
Run republicans and hide. You cannot escape the fact that Barack Obama will be POTUS.
"We are the ones we've been waiting for. We are the change that we seek."
- Barack Obama, Super Tuesday
Posted by: obama ascension | Sep 25, 2008 5:36:24 PM
I wish I could live in your comic book universe. Okay now it's your turn to make it personal.
Posted by: Leonard Peltier | Sep 25, 2008 5:21:19 PM
Post a comment


