This is BULL$#IT!
This Bailout situation stinks to high hell!
First you have sept. 18th Harry Reid saying we don't know what to do to fix this.
Then last week Reid, Pelosi and the Dem. leaders in Congress work WITH Paulson to create a deal that gave him a blank check to use 700 billion as he saw fit. They announced THEY had a deal... one that in no way involved bipartisan effort or ideas. The President calls a meeting thursday where the Dems try to ram their deal through expecting the Rep.s to accept it; they don't and Dems lambaste them in the press for BREAKING a deal they NEVER had!
Now after 2 1/2 days of bipartisan work they announce they have a deal ready. But Reid and Pelosi both say during the press conference that the plan that previously existed was unsupportable??? But it was THEIR DEAL! How stupid do they think I am?
Standing at the podium were Pelosi, Reid, Frank and Dodd; not a Republican in site. And they have said they won't go throug with this unless the Republicans vote along WITH them, too chickenshit to take blame ALONE for their ideas.
And again they blame THIS Administration for this dilemma which is flatly untrue! This started in 1998 when Bill Clinton pushed to create the House Reinvestment act pressuring Lending institutions to grant subprime mortgages to people insufficient in earnings or as they say "DID's (Diffcult To Document). Bush tried unsuccessfully to bring effort to curtail this practice in '05 and it was opposed by the Democrats. McCain authored a bill in '05 to stop it and step up regulations... it was defeated by Democrats. For the past 2 years Chris Dodd and Barney Frank have chaired the Banking and Housing committees overseeing this mess and left it to collapse, NEVER acting to correct it. Both have recieved big money from the institutions involved.
And now Henry Paulson, former head of global lending institution Goldman Sachs... Wanted 700 billion handed to him to prop up Wall st. players and lenders...
4 months before his term ends and he RETURNS to private sector Wall st.???
Give me a BREAK!
Once this is done many heads should roll.
I want resignations from
Pelosi
Reid
Dodd
Frank
Paulson
and Charlie Rangel for years of tax cheating being investigated. He's too crooked to step down and Pelosi to waek and partisan to replace him as head tax legislator in the House.
We are still waiting to hear what Congressional Republicans say about the "deal".
First you have sept. 18th Harry Reid saying we don't know what to do to fix this.
Then last week Reid, Pelosi and the Dem. leaders in Congress work WITH Paulson to create a deal that gave him a blank check to use 700 billion as he saw fit. They announced THEY had a deal... one that in no way involved bipartisan effort or ideas. The President calls a meeting thursday where the Dems try to ram their deal through expecting the Rep.s to accept it; they don't and Dems lambaste them in the press for BREAKING a deal they NEVER had!
Now after 2 1/2 days of bipartisan work they announce they have a deal ready. But Reid and Pelosi both say during the press conference that the plan that previously existed was unsupportable??? But it was THEIR DEAL! How stupid do they think I am?
Standing at the podium were Pelosi, Reid, Frank and Dodd; not a Republican in site. And they have said they won't go throug with this unless the Republicans vote along WITH them, too chickenshit to take blame ALONE for their ideas.
And again they blame THIS Administration for this dilemma which is flatly untrue! This started in 1998 when Bill Clinton pushed to create the House Reinvestment act pressuring Lending institutions to grant subprime mortgages to people insufficient in earnings or as they say "DID's (Diffcult To Document). Bush tried unsuccessfully to bring effort to curtail this practice in '05 and it was opposed by the Democrats. McCain authored a bill in '05 to stop it and step up regulations... it was defeated by Democrats. For the past 2 years Chris Dodd and Barney Frank have chaired the Banking and Housing committees overseeing this mess and left it to collapse, NEVER acting to correct it. Both have recieved big money from the institutions involved.
And now Henry Paulson, former head of global lending institution Goldman Sachs... Wanted 700 billion handed to him to prop up Wall st. players and lenders...
4 months before his term ends and he RETURNS to private sector Wall st.???
Give me a BREAK!
Once this is done many heads should roll.
I want resignations from
Pelosi
Reid
Dodd
Frank
Paulson
and Charlie Rangel for years of tax cheating being investigated. He's too crooked to step down and Pelosi to waek and partisan to replace him as head tax legislator in the House.
We are still waiting to hear what Congressional Republicans say about the "deal".