That's not what he saidhe was doing.Though mind you, a guy who couldn't be bothered to read a three-page version probably hadn't "reviewed details of the hastily arranged deal".
The Democrats didn't listen to him forecasting this crisis back in 2005 . . . so why would they listen to him now???
Oh yeah, so if it doesn't pass . . . they can always blame him for 95 of their members voting nay.
Harder
__________________ * NOSCE TE IPSUM *
* NOLI ME TANGERE *
Only fools can't recognize where to place blame, and there's plenty of it to go around. Only bigger fools continue to bicker over it. The past is the past, and you can't predict the future...so do what you gotta do today.
Agreed . . . BUT . . .
When working together to solve a problem, you need to look back at history to caused the problem, then fix it. Throwing $700B at the problem isn't going to fix it, only delay the end result until the problem is fixed.
Think of it like the Titanic . . . you've discovered popping rivets . . . so you keep replacing them with the same kind, from the same manufacturer. Problem is, the ships going down and the replacement rivets are popping too. What do you do??? Keep throwing more and more rivets at the problem?
Harder
Last edited by sharder8 : September 29th, 2008 at 04:57 PM.
You have to hear Barney Frank deal with the ludicrous accusation that the bill failed because the House Republicans were upset by Nancy Pelosi's speech:
__________________ A man is not free if he cannot see where he is going, even if he has a gun to help him get there. -- A.J. Liebling
You have to hear Barney Frank deal with the ludicrous accusation that the bill failed because the House Republicans were upset by Nancy Pelosi's speech:
CYA!!!!
Barney Frank is the same one that kept saying he couldn't see any problems, so there weren't any . . .
Now he's trying to protect and cover for Pelosi and his beloved party for the failure to pass the bailout bill . . . that's golden Theo!!!
While I can't stand Pelosi . . . I don't think she poisoned any vote. Any Republican that changed his vote because Pelosi said something that hurt his feelings should be taken out and flogged!
The smartest answer that Republican could have given, would have been something along the line of listening to the people. Actually, that would be a good answer for the Democrats as well. We tried . . . but we listened to the people for a change and just couldn't pass it in its current form.
Harder
Last edited by sharder8 : September 29th, 2008 at 05:08 PM.
sharder8, you and I may both think it was a lousy bill; but there's no question that the business community thinks the failure of the bill is bad news.
what's the disparity between private investment and public investment? IE commercial banks compared with direct investors into business. Perhaps this is a bit naive - but isn't this really just an opportunity for people with money to pick up the slack for banks? To give loans to businesses, or invest in them, while the banks sort this out? I mean, as far as the business community is concerned, that's the fear, right? That they won't have access to capital? Is this indeed as much of a crisis as they are making it out to be?
And as always, when the dow falls, it's an incentive to buy wisely. You know... buy low... sell high... all that.
__________________
Usually, terrible things that are done with the excuse that progress requires them are not really progress, but just terrible things.
sharder8, you and I may both think it was a lousy bill; but there's no question that the business community thinks the failure of the bill is bad news.
But the real reason it was bad news for the business community is the current bill was the most favorable to them. They knew that if it didn't pass, its possible replacement and any others that may be proposed will chip away at their sacred halls or eliminate some or all of their special incentives.
It kind of bothers me that the vote was as close as it was.
hardware
prices 
So this is where everybody are having fun at?
