Monday, September 29, 2008

DOWN GOES BAILOUT! DOWN GOES BAILOUT!

PICKERING votes for it. Thompson, Childers, Taylor vote against.

Thanks a lot Pickering.

16 comments:

Anonymous said...

Bill needed 13 more votes. 95 Donkeys voted no. WHO didn't get 'er done Freeland? WHO didn't deliver?

BENNIE THOMPSON voted NO while Mr. Noodle Chip Pickering voted Yes.

Anonymous said...

Maybe the folo crowd needs to fete Pelosi with another blog post for her ability to guide the country forward.

Kingfish said...

you sure? I thought Bennie voted for the bill and Pickering voted against it.

Anonymous said...

Check the link.

Anonymous said...

FORTY PERCENT OF DEMOCRATS COURAGEOUSLY VOTED NO FREELAND.

Pelosi failed!

Anonymous said...

Here is the video of Pelosi winning votes today. She needed only 13 of 95 holdout Donkeys to join her in the bailout corral and failed.

Anonymous said...

This from one of the f'ers at folo:

confounded // Sep 29, 2008 at 3:03 pm

According to Jim Cramer market will drop another 2500 points if nothing is done today.


Would that be the same Jim Cramer who last Friday was predicting that Wachovia would be one of the banks to weather the storm because it had an outstanding CEO? Nah, must be a different Jim Cramer.

Anonymous said...

Then you have Janet completely off her meds:

lotus // Sep 29, 2008 at 3:21 pm

Observer, BULLSHIT. Phil Gramm’s - GWB’s - John McCain’s - YOUR beloved deregulation caused this. The borrowers didn’t cause it, the Masters of the Universe cut loose to do these asinine arcane deals without rules or adult supervision — THEY put us in this soup.


If Janet is what Ladd will become with another 15 years of age then I think we'll see Jackson empty out completely.

Kingfish said...

Why doesn't she take it out on the 40% of Dems who voted against it?

Why not a word against Childers, Thompson, and Taylor?

Guess she completely ignores the Democrats hands in fannie/freddie. Or how a government decree forced wall street to rely on only a select few ratings agencies that had massive conflicts of interest.

Now she is wanting impeachment. I guess she doesn't realize what started the slide from the Roman Republic to the Roman Empire. The criminalization of one's political opponents.

as for Cramer, does ANYONE take him seriously?

Kingfish said...

The borrowers didn't cause it?

EVERY one of those borrowers signed a truth in lending statement before closing and AT closing. If the loan was an ARM, they had to sign TWO disclosures telling them what the terms of the ARM were and federal law required the lender give them a brochure explaining arms. Also if a mortgage company was used, most if not all lenders redisclose and send the borrower a set of disclosures again to sign. Yes Lotus, sometimes the borrowers are to blame.

Anonymous said...

as for Cramer, does ANYONE take him seriously?

Apparently posters @ folo do.

Anonymous said...

Janet Brook can't bring herself to address the folo posters who ask her to address why Pelosi couldn't pry a dozen votes away from the 95 Donkeys who broke with her and Barney on the bailout legislation.

Issue avoidance Janet. As Freeland likes to say, it detracts from your credibility.

Anonymous said...

Ladd and Stauffer should be very comfortable covering bailouts considering their own by DJP from the grasp of the IRS.

Becca said...
This comment has been removed by the author.
Becca said...

I agree the borrowers should be held accountable... besides the various disclosure documents explaining the terms of the loan, they also have a rescission period!

Anonymous said...

The House has adjourned until Thursday so we'll get to take this thing for a spin over the next few days. Anyone who gets burned in the market has only themselves to blame as this train wreck has been coming for a couple years now.

"But in a remarkable display on Monday, a majority of House members slapped aside the best version their leaders and the administration had been able to come up with, bucking presidential speeches, pleading visits from Paulson and Federal Reserve Chairman Ben Bernanke and urgent warnings that the economy could nosedive without the legislation.

In the face of thousands of phone calls and e-mails fiercely opposing the measure, many lawmakers were not willing to take the political risk of voting for it just five weeks before the elections.

The bill went down, 228-205.

The House Web site was overwhelmed as millions of people sought information about the measure through the day."


Kingfish, since you're his defender, I've yet to see Freeland (or po' Janet) make a cogent argument for the bill that went down in flames today. They're living in a state of denial.



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