G.O.P. Bigs Back Bailout Condemnation

What a boondoggle nonsense coming from some of the republicans now....where were their outrage when the nation ran up more than a trillion dollar deficit? Spend and spend has been the last two-terms mantra. What an embarrassment for the rest of us who knew better.

God Bless the GOP. When your new democrazy monkey king (as hey scoob put it) puts us trillions more in dept the GOP will be there to pick up America! The uhhh, andddd, Iiiiii, uhhhh man doesn’t have a teleprompter preprogrammed to make his huuuu decisions, his uhhhhh answers are not uhhhhh, uhhhhh, dhuuuu prewritten. Lets hope he huuuu doesn’t have to make a decision on the uhhhh spot.

As someone else mentioned, all this amounts to is a big "I told you so". How about repealing the TARP act and asking for the money back.

What the GOP did when it was in control was use up all the tax payer monies and then some to bail out the mismanaged mega companies on wall street and pay millions just in bonuses to the CEOs and the top executives. Now when it is time for the middle class to get some left over crumbs to stimulate the economy they are saying the party is over, it did not work. Well it was not supposed to work it was an exclusive party for fradulent people. Party should be over for the GOP, like the made off with billions, GOP is the gone off with billions party.

I will vote out my representatives that voted for any bailout past, present and future.

The American people voted convincingly for Barack Obama over John McCain because for the last eight years the Republican administration has had NO plan. John McCain had NO plan. The Republicans continue to have NO plan. Leave things alone and stay the course is NOT a plan. It is obvious that the only intentions the Republicans have for the coming administration is to play the role of obstruction. A little over two years ago the American people tossed several Republicans from Congress and this past election several more were tossed out. It seems the Republican "leadership" doesn't get it. For whatever reason they strongly believe they should dig in their heals on "conservatism". Conserve meaning' no change. We want a change in direction and Obama with his vision is the change we voted for.

When the U.S. government created social security, it told us that it would save our money for retirement. It didn't. Instead it spent the money. After it spend the money, it borrowed against the account (like a double mortgage). Now there is no money. When Fannie Mae and Freddie Mac were created it was so that people who couldn't afford to buy a home could buy a home. This failed too. The U.S. mail is another federally run program, which is why we have UPS and Fedex. Time and time again our elected officials say the same thing, 'just give us more money and we'll fix the problem'. The problem is that Federal involvement is more than half the problem. Did banks and corrupt institutions play a hand in this? Sure. But even without this problem, the U.S. was already headed for a credit crisis. If the U.S. government stopped spending altogether and just paid our debt, it would take 10 years to pay off. And what is Obama's plan? To take the national debt from about 9 trillion to about 12 trillion. American taxpayers need to revolt. We're being robbed. We, our children, and our children's children.

They can say whatever they want now, the money is gone and no new credit. Wow! Surprise! Wish my congress people would have sided with my letter.

We wrote to Congress in unprecedented numbers pleading with them not to pass the TARP bill. They did it anyway. Some people (most likely Paulson's buddies) have gotten very rich off the taxpayer's backs. Obama voted for it, Pelosi voted for it, Frank voted for it, yet they were ALL returned to Washington by the voters. Our system of government is absolutely broken.

All of a sudden the Republican Party is talking about fiscal responsibility. I've been laughing so hard that I can't get up off the floor. 8 years of George Bush and 6 years of Republican control of the congress and these Repukes gave us the largest deficits in the history of the country, put us into two recessions and possibly a depression. Now all of a sudden they became smart about the economy. Sheesh, what a bunch of frauds. The GOP should be embarrased.

EVERYONE INCLUDING BUSH KNEW THE BAILOUT WOULD NOT WORK. IT WAS A WAY TO HELP ALL HIS RICH FRIENDS BEFORE HE LEFT OFFICE. HE KNOWS THEM ALL AND THEY HELPED GET HIM AND KEEP HIM IN OFFICE. YOU KNOW THAT IS THE WAY AMERICA WORKS. YOU SCRATCH MY BACK I SCRATCH YOURS. THE AMERICAN PEOPLE DID NOT BUY INTO IT. BUT WASHINGTON REPULICANS AND DEMOCRATS DID IT ANYWAY. THEY GAVE BUSH WHAT HE WANTED. THEY DID NOT LISTEN TO MAIN STREET ONLY TO BUSH. Most of them in Washington are already rich and looking out for their investments.

One of the poorest journalistic train-wrecks of the new year was provided by Chris Cuomo this morning in his idiotic interview (1/6/09) of Barney Frank.
Cuomo refused to listen to Sen. Frank and regurgitated the same questions; then tried to unsuccessfully "couch" the answers to seemingly "indict" Frank and the Democratic Congress for this mess. Frank repeatedly told him the other half ($350bn)of the financial bailout was not admnistered by Paulson as agreed and as such, the remaining $350bn was "frozen" until the new administration took office where he felt the funds would be administered with the ACTUAL intent (to help taxpayers in foreclosure)in which they were appropriated. Cuomo was rude, and constantly interrupted Frank, seeemingly because he wasn't getting the answer that he wanted Frank to give. He actually wanted to blame the Democrats for the Republican economic blow-up.
The GOP hacks are now admitting that the bailout hasn't worked, yet, not a there is not a word of disdain for Paulson's administration of the bailout money, just fools trying to point fingers at the Democrats with them that voted to keep the entire U.S. financial system from flushing. Even John McCain interrupted his campaign to fly to Washington when the crisis loomed. Any word from the present White House? Oh yes, their "cat died". The cat is the lucky one, he doesn't have to suffer through this economy. He also doesn't have to watch Chris Cuomo's clumsy journalism skills.
Fire Paulson TODAY, and yank every dime from any financial instution that does not demonstrate a verifiable and successful Foreclosure/Loss Mitigation operation that is up and running 10 days after receipt of the bailout funds.

I don't think I fully understand all of the Republican bashing on this issue. The Democrats are bailout happy too aren't they?

To all those basing the GOP:

Atleast these guys are saying what we all were condemning from day one.

Where is the Democratic leadership's opinion? Still waiting for it to be politically correct to condemn? Democratic Congressional "leaders" are afraid to tell the American people what we already know. These bailouts are a bust. They seem to be afraid of leading, or fear that they might offend their constituents.

We're going to listen to somebody who calls Bush a "fabulous" president????!!!!!

We're going to listen to somebody who calls Bush a "fabulous" president????!!!!!

Isn't this just like the GOP. ANY historian will tell you the same. After EVERY GOP presidential term the nation is handed, in rags, over to the left and then they (the GOP) do what they are best at, historical revisionism. They blame the mess on the left. I knew it was going to happen, but so soon?!

Maybe there's hope for a small govt. fiscally conservative party in the future BUT I notice that not one of the so-called "bigs" here holds or has ever held national office. It appears that membership in Congress or the national executive converts conservatives instantly to supply-side borrow and spend big governement religious bigots. Time for a new party. The Republicans are the 21st century's Whigs. We need a party that wants government out of our pockets and social engineering based on Christian nation mythology. Will we get one? I doubt it.

This bailout of the Financial industry has failed us because the Secretary of Treasury and the Federal Reserve failed to watch over the funds that were given out to these financial wizards of Wall Street. No oversight,no rules, no guidelines and no regulation were applied by them or the President to ensure the funds they received were protected from fraud or theft by the wizards of Wall Street. Do you really think that you could have gotten any money from these financial establishments without a payment plan and a reason for borrowing this money from them. The rich keep getting rich and the middle class and the poor takes the beating. I agree that the CEOs should face criminal charges for fraud or embezzlement of funds and any other charges that are concern with corruption and conpiracy

It's the time for Republicans to stand up for the government fiscal responsibilities. All that bailout and big government wasting our tax payers money without much restrictions have to be stopped on behalf of American people. Demos and Obama administration will go down to the history as the biggest spender of our tax payer money with mounting the biggest national debt and deficits, in the name of stimulus plan, even worse than Bush. The worst of all is, when all this is over, each of us has to pay the price.