Jay Bookman

By Paul

September 29, 2008 2:50 PM | Link to this

[[Because the House Republicans fell well short of the votes their leadership said they could deliver,]]

Say what? Granted, I’ve not been following this real closely, but when did the Rep leadership say they could deliver? Wasn’t it the Democratic leadership who said they could deliver the House, that they had a deal, well before McCain made his first trip there, saying McCain’s trip was unnecessary and a distraction?!!?

Midori - regarding Jay’s point about the timing and content of Spkr Pelosi’s speech: seems she just can’t resist getting in a dig, even if it risks the collapse of the deal, now, does it?

By Joey

September 29, 2008 2:56 PM | Link to this

Her speech was so arrogant, Pelosi was so sure that House Republicans had surrendered. She wanted to rub their noses in it. Another Pelosi error.

By Bosch

September 29, 2008 2:57 PM | Link to this

Oh good Lord.

Well, I have to say that I wasn’t real happy (as noted earlier) that the executives who had contracts were going to have their parachutes honored.

So, let’s go back to the drawing board.

Personally, I think they will argue this in the ground until after the election, and then by that time, most will see that this isn’t such an imminent threat. Imminent threat, get it? I’m clever!!!

By Dusty

September 29, 2008 2:58 PM | Link to this

So, Pelosi puts out the fire with kerosene. She is so typically liberal. The wrong thing at the wrong time in the wrong place.

Congrats, libs. You finally see what yuor insults, invectives and lies can bring about. Pelosi…the Pontificator of Perilous Perniciousness shows the world a prime example of the liberal mantra and it is rejected.

By kevin

September 29, 2008 3:00 PM | Link to this

Republicans fell short? Didn’t the Dem’s have 90 votes against? They don’t need a single Rep vote to pass this bill.

To put the blame of this mess on Republicans alone is plain partisism politics. No one spoke up from banking committee that Franks (D) has run for years and have controlled the congress for the pass 2 years why did they wait until now? Much of this can even be traced back to a 199 bill signed by Clinton, do we blame him for giving Fannie and Freddy the ability to push subprime mortages?

I blame them all and I don’t want to spend this money….let our markets work this out themselves. Letting the government into the market for housing caused this mess….I don’t trust them to fix it…any of them.

By Davo

September 29, 2008 3:00 PM | Link to this

You can blame one side and/or the other all you want Jay. All I can say is ‘Thank God’ that this didn’t pass. All this talk about collapsing markets from the same fools that got us into this mess should be ignored. Bush telling me…yet again…to be very afraid if this bill doesn’t pass. Since when has he been right?

Let the fools on Wall Street fail; it will hurt but it will be quick and less likely to happen again…and you’ll also have saved yourself about $4,000.

By hillbilly ragger

September 29, 2008 3:05 PM | Link to this

Dammit, Jay, are you going concern-troll on us?

Are you serious? Pelosi is to blame because she didn’t say “mother may I?” or “Simon Says?”

By DebbieDoRight

September 29, 2008 3:05 PM | Link to this

OK — Is Jay on speed? What’s up with this merry-go-round of blogs? Should we all wait 5 extra minutes just to make sure he doesn’t post anything else, somewhere else, in another dimension?

By RJ Dell

September 29, 2008 3:05 PM | Link to this

Please send me a link or copy of the speech. I would like to hear what she actually said.

Thank you.

By Bosch

September 29, 2008 3:07 PM | Link to this

The next time Pelosi has plastic surgery, can they “do something” with her vocal cords?

Just kidding - that’s mean, and um, very un-Christian-like of me.

By Tincup9

September 29, 2008 3:09 PM | Link to this

Had the Democrats TRULY supported the legislation it would have passed. 40% opposed. Those 90 votes proved crucial in the end. What was she thinking grandstanding at a time like this. She gave those wavering an excuse and added an element of risk to a dire situation. The failed policies of which she speaks include the bungling of Fred/Fan by Mr. Frank and her failure to curtail spending as promised. It was under Mr. Franks guideance Fred/Fan lost their way and discipline. The Republicans have made more then their fair share of mistakes here as well. It was time for Leaders to Lead, to put the general good ahead of party politics. Well done Ms. Pelosi, well done. The ‘leadership’ of both parties need to quickly find a solution their membership will actually support.

By hillbilly ragger

September 29, 2008 3:16 PM | Link to this

Poor Jim Wooten. I guess he needs Cindy McCain to start his Intertubes for another post—he’s still proudly proclaming “Mission Accomplished” over at the Thinking Reich site.

But seriously, Jay—you’re saying it’s Pelosi’s fault because she hurted the poor little Republicans’ feelings? What. the. hell?

By Political Foreskin

September 29, 2008 3:22 PM | Link to this

Jay has a two-second attention span. McCain postphoned his campaign and politicized the bailout.

Pelosi came correct.

CNN just reported that the Large Hadron Collider has recorded a collision of sub-atomic particles creating trillions of tiny little Energizer Bunnies, killing everyone inside the 17 mile circle.

The bailout failed because Bush had destroyed any institutional credibility with his WMD hunt/Iraq War. Americans simply dont believe one word the administration/wall street sez anymore.

And rightfully so. Our treasury secretary was CEO of Goldman Sachs. Come on. How stupid does bush think we are? I say we string them all up, (after a fair impeachment trial and a failed supreme court appeal of course.)

The clear narrative describing the bailout is absent because anyone who could explain it is taking the fifth. Self incrimination: get it yet? ( that person is the one who did the stealing.)

It’s that simple. Let the house of cards collapse. Then, with Bookman’s celebrated torches and pitchforks we will resurrect the America that George Washington created.

Obama 08: He’s right for what’s left of America.

Palin 08: Nobody doesn’t like Sarah P.

By getalife

September 29, 2008 3:23 PM | Link to this

Frank had them laughing on blaming Pelosi because they got their feelings hurt.

He suggested he would go be nice to those who got their feelings hurt.

I think it was payback for blaming boner on stalling but in the end it worked out well.

By Political Foreskin

September 29, 2008 3:27 PM | Link to this

Jay, Y 2-stepping?

R U just being clever with the word “Dance”? Not necessary considering the momentousness of this occassion.

You dont always have to try to copy my tone or style. Here, we dont need clever or funny.

We need solid. If you dug our culture, you’d have known that pee wee.

moron.

jklol

By facts don't lie - politicians do

September 29, 2008 3:31 PM | Link to this

Democratic 140 95
Republican 65 133

Once again, both parties failed to pass this

By walt holman

September 29, 2008 3:33 PM | Link to this

Thank goodness this bill was rejected by the House. The are probably only a dozen peple worldwide [Warren Buffet being one] who understand the intracies involved with derivative seurities. Yes, people took on mortgages they should not have; lending institutions threw credit assessment out the door and even encouraged this latest financial mania; some on Wall Street made millions off this mania; and, of course, our central government was asleep at the wheel. NOW FOR THE FACTS: 1. Because none of our governmental and political leaders has even a remote idea of the intracies and long coattails of the mortgage backed securities [it is a financial house of cards with bad mortgages and the debt these mortgages supported [i.e., GNMA, Fannie Mae, Freddie MAC bonds] as only the tip of the iceberg. Does any really understand that these bad mortgages ultimately supported a wide variety of derivative instruments in addition to mortgage backed bonds. I have over 40 years experience with the Fed, academic finance, and financial consulting….believe me, I CAN NOT EVEN VENTURE A GUESS AS TO WHAT THE REST OF THIS FINANCIAL HOUSE OF CARDS LOOKS LIKE. Havs anyone yet heard the financial/political powers that be explain [even show the math] how they arrived at $700 billion?

The patient has a fever due to systemic problems…perhaps a bladder infection or worse. Does the doctor just prescribe medication to focus on the fever [e.g., prescribe aspirin] or does he/she do a comprehensive evaluation and focuses treatment on the cause as opposed to the symptoms of distress.

We have a marvelous opportunity to make representative democracy a participatory activity on the part of the citizenry. It is also a time when we can bring together a wonderful confluence of thought leaders to debate the issues, EDUCATE the public, make recommendations, and FINALLY, tell the politicians to SHUT UP and LISTEN.

By getalife

September 29, 2008 3:34 PM | Link to this

We are back to 9/11 levels in the markets.

Buy Andy buy.

By RealityKing

September 29, 2008 3:47 PM | Link to this

Yes the narcissistic, preening quality of principles.

Except that its principles that lead you to saving 6 months of your salary for the hard times, principles that keep you from buying that over priced house you can’t afford, principles that drive you on to completing that science over arts degree and principles that keep you active in a community that offers you nothing in return.

Yes the narcissistic, preening quality of principles. Something democrats surrendered along side Jimmy Carter.

By Eric1

September 29, 2008 3:47 PM | Link to this

Does it really matter what any of us thinks about this matter? Washington will ultimately do what Washington want’s to do and the rest of us can go straight to hell.

By AJC/DNC Management

September 29, 2008 3:48 PM | Link to this

Aahhh, yes, the libs got all happy and did an end zone dance……………without the ball:

Which is this: Even if Sen. Barack Obama loses the presidential election — and of course he may — the playing field of our politics now has shifted seismically in his philosophical direction.

The era of cowboy capitalism has died, largely of self-inflicted wounds. Who knows what’s coming now? I do: A new era of tight business regulation and government intervention in the markets.

For now, and perhaps for many years, there will be no going back.-Fineman, “News” Weak

Don’t look now but capitalism won.

By NRB

September 29, 2008 3:50 PM | Link to this

Time to buy up stocks while they’re on sale.

Thank god the bailout failed. Let the scum eat their bad loans. Yes it be painful for a lot of people. But let’s get the pain over with quicker instead of involving government to come in and ruin everything like they always do.

The free market WILL work itself out.

Quit whining, Jay.

By Dusty

September 29, 2008 3:51 PM | Link to this

Dear DebbieDoRight,

Jay Bookman has decided to run an up to date, decent blog. He drops ID Thieves (sometimes) and deletes the pure and unadulterated ugly and has a few other “rules”.

Anyway, he is a bit hyperactive which means you have to use speedie post or lose it in the dismal past. He is still a brainwashed, one view lib 99.9% of the time so you will like his “speedos”

As to marriage, WHERE HAVE YOU BEEN? It is fun but nothing like the movies. When you get the “trust” thing going, it gets even better. Well, so much for preaching!! Good luck to you and Dudley. Hang in there!!

By Swami Dave

September 29, 2008 3:53 PM | Link to this

Good…..maybe this will serve as the impetus for elected leaders in both parties to put together a more solid, financially-responsible bill.

1) tie executive compensation to company repayment of any obligations taken by said companies participating in the “bailout” and continued profitability of the companies. (i.e. no more paying for poor performance)

2) assistance should be in the form of insurance for mortgage-backed securities at the center of the mess as opposed to government purchase of the assets. companies participating would pay premiums in association with the coverage. utilize government backing as reinsurer of last resort instead of cash-infuser which is about as irresponsible as giving cash to drug addicts.

3) institute some type of arrangement within the mortgage market (and their securitization underneath this situation) to allow homeowners to reset valuation on their real estate to stabilize the market. effectively, some method by which the homeowner can effect a “short-sale”-like exchange to arrange favorable, current terms to their mortgages with focus on guarateeing repayment. for those homeowners who participate in this program, any future gain (appreciation) between the “reset” valuation and a subsequent sale at an appreciated value, would be 100% collectable by the Treasury. Should their home appreciate above the “forgiven” amount, that gain would be calculated as standard on sale of principal residence (with all current tax benefits ascribed in that transaction).

4) commercial and residential mortgages (as well as the securitization behind them) should be based on standardized underwriting guidelines focused on ability & likelihood of repayment. qualifications according to the finalized terms of a mortgage (not according to the “teasers”), down payment / owner equity, verifiable credit histories showing patterns of behavior that lead to common expectation of repayment.

This type of plan would be less of a “bailout” than a effort on behalf of the taxpayers to allow those most responsible for the current situation to accept an active role in correcting it. It also would be the foundations of a longer-term model for how we will continue to manage the situation as it continues to progress. (lest we forget, many mortgages underwritten in 2006 & 2007 are not schedule for reset until 2009 or 2010).

This needs to be a responsible long-term model for how we are going to address (and go about correcting) this problem.

Now that would be real leadership regardless of which party proposed it.

-Swami Dave

By getalife

September 29, 2008 3:55 PM | Link to this

They did it anyway:

Fed Pumps Further $630 Billion Into Financial System

By GOPs got to go

September 29, 2008 3:58 PM | Link to this

Walt,

Bladder infection indeed? I would make the diagnosis as Septic Shock and MODS, which can be brought on by a simple bladder infection. I believe it is time to bring in the Levophed and Dopamine drip. Pan culture this bad boy and cover it with a board spectrum agent and do it soon, your golden window is closing fast.

Can anyone yell CLEAR………….

By Goldie

September 29, 2008 4:01 PM | Link to this

I thought John McBush went to Wash.DC last week to rally his Repugs around him and to lead the way for “solving” this crisis — what happened??? Is rejecting the bailout McBush’s way to solve this mess?

Good grief. Repugs have got to go in ‘09!

By Midori

September 29, 2008 4:05 PM | Link to this

LOL

You’re pre-empting me now, Paul :)

By Midori

September 29, 2008 4:10 PM | Link to this

Seems I’m getting to you Paul.

snicker

By Goldie

September 29, 2008 4:12 PM | Link to this

And, of course, the Repugs have no problem with pumping $10 BILLION into their sinkhole in Iraq every month… I guess that’s just part of their “principles”, too.

By TW

September 29, 2008 4:12 PM | Link to this

Mr. Bookman - thanks for the hourly posts.

Yes, bad move by Pelosi. Like it or not, the rightwing child still gets a vote, and is still highly susceptible to Good Ol’ Panderin’.

By AJC/DNC Management

September 29, 2008 4:12 PM | Link to this

By Goldie September 29, 2008 4:01 PM I thought John McBush went to Wash.DC last week to rally his Repugs around him and to lead the way for “solving” this crisis — what happened??? Is rejecting the bailout McBush’s way to solve this mess?

Golduh: So did Oblahma.

You wanna know what the big difference is?

Oblahma’s party in Washington has thee majority, bwahahahaha.

And they bailed on him.

Racist?

By DebbieDoRight

September 29, 2008 4:16 PM | Link to this

From Dusty: As to marriage, WHERE HAVE YOU BEEN? It is fun but nothing like the movies. When you get the “trust” thing going, it gets even better. Well, so much for preaching!! Good luck to you and Dudley. Hang in there!!

ok, ok, ok, I KNOW I should’ve known better, but somehow I thought, “Well, we’re in love. We’ve already conquered the inter-racial thing with the families and friends. We have mostly the same goals, and we were FRIENDS for 3 years before either of us even thought of the other in a romantic way.” I honestly thought that the hardest thing we’d have to face was being in an interracial relationship. Then reality came in and slapped me upside the head!!

The IRR is NOTHING. The Military wife staying behind is the HARDEST thing I’ve ever had to go through. When he was stateside we saw each other every weekend, (because we lived in different states), but with him being overseas, it was like being single all over again.

Like Paul said, sure other people are gonna look good to you but you have to realize that they are not what you really want. But it’s HARD!! There were a lot of times that, even though I knew I had Dom Perignon, I was craving a Billy Beer. I was ready to throw away Mr. Perfect-For-Me for Mr. Right-Now-Cause-I’m-Tired-Of-Being-Alone.

Thanks for the props, Dusty and Paul. Trust me, I needed it!!

By AJC/DNC Management

September 29, 2008 4:19 PM | Link to this

The upcoming downside for the Obama-Biden campaign is that its supporters became so flustered over Palin’s surprisingly explosive popularity coming out of the GOP convention. They have so successfully mocked, derided and lowered expectations for Palin in Thursday night’s VP debate that if she doesn’t drool or speak in tongues, many millions still open to persuasion will be impressed. - LA Times

Hair Plugs might speak in tongues though.

By mike hussein smith

September 29, 2008 4:20 PM | Link to this

NRB — Your simplistic view — “Let the scum eat their bad loans” — fails to account for the fact that the non-scum among us are having our savings robbed even further.

Kevin — I’m interested in your claim that Barney Frank (yes, Frank) has run the House banking committee for years. That would seem to be an impossibility since the GOP ran the House from 1995-2007.

On the Dow: WORST POINT DROP IN HISTORY. The markets closed almost 20 minutes ago, and the numbers are still falling.

By Paul

September 29, 2008 4:25 PM | Link to this

Midori 4:05

Getting to me?!!? You gave me a great line to lob back regarding Pelosi. Thanks!

Today’s been like the Twilight Zone. Take away the names, read the comments, then add the names and you say “what?!!? He/she said **that?!!?

Yup, ‘change’ is here! (dig to…. ummmm…. you?

DDR

Military spouses are the unsung heroes.

:-)

Pleasant week, all -

Bosch - I’ll catch up with you later on Heroes and Terminator -

By liberalextremist

September 29, 2008 4:26 PM | Link to this

Nancy Pelosi needs to step down NOW. Her tenure as Speaker has been totally ineffective. While you are at it, replace Harry Reid. They both suck. They both suck to no end. They were hired in 2006 to end this war, and stop Bush’s nonsense. They could not do that. Send their @$$3$ home. Please!!!!

By Midori

September 29, 2008 4:31 PM | Link to this

oh calm down, Paul.

I’m just funnin’ ya!!

By Taxpayer

September 29, 2008 4:34 PM | Link to this

Are these principled Republicans just doing more of their pandering or are they ready to carry this thing through. Are they truly the defenders of minimum government and free market capitalism or will the wussies buckle under the pressure in the 11th hour. Will they be able to come home and look their families and friends and neighbors squarely in the eye and say “I did this for you, I did this for us and I am right.” Pelosi said there would be no deal unless the Republican’s skin was in the game along side the democrats and the Republicans tested her resolve. She held and the Democrat party held. So, where do you principled Republicans out there plan to go from here. I think the ball’s in your court, just in case you did not notice.

By Midori

September 29, 2008 4:34 PM | Link to this

Yikes!!!

Tweety Blames Bailout Crash On McCain’s Failed Leadership

By T

September 29, 2008 4:39 PM | Link to this

Swami Dave

Nice plan.

By Just_Me

September 29, 2008 4:40 PM | Link to this

Surreal… http://www.politico.com/politics08/

First headline: McCain takes credit for bill before it passes…and excerpt….

**”Shortly before the vote, McCain had bragged about his involvement and mocked Sen. Barack Obama for staying on the sidelines.

“I’ve never been afraid of stepping in to solve problems for the American people, and I’m not going to stop now,” McCain told a rally in Columbus, Ohio. “Sen. Obama took a very different approach to the crisis our country faced. At first he didn’t want to get involved. Then he was monitoring the situation.” McCain, grinning, flashed a sarcastic thumbs up.

“That’s not leadership. That’s watching from the sidelines,” he added to cheers and applause.

Wisely, in retrospect, McCain initially had been more modest. On Sunday, he said on ABC’s “This Week” that congressional negotiators deserve “great credit” for the bipartisan deal. “”It wasn’t because of me,” McCain said. “They did it themselves.” **

Second headline, directly below: “McCain Blames Obama for Bailout Defeat.”

Here’s a newsflash, McCrazy (and anyone else who believes this crazy old man):

If you want to take credit for the good, you’d better be prepared to take credit for the bad…

This is what the Bushies have been screaming at us for 8 years.

On another note: I just heard St. Sarah MOCK Joe Biden’s AGE….is she stupid? I mean…it just draws people to think..damn, her running mate’s even older than BIDEN..so if she was in 2nd when Biden was in office…where was she when McOld took office?

I am so glad to see Gallup (and so many other polls, including electoral vote estimations) have Obama up.

Maybe there IS hope for the people in this country.

I am ill today-between the dow crashing, seeing lines for gas (IF you can find an open station, that is), the gigantic deficit we are leaving our children, and grandchildren, the ongoing debacle in Iraq, the resurgence of al Quaida and the Taliban, and all of the other rotten news..I simply can’t recall a time when it all seemed so BLEAK. Even after Sept. 11, where we had family friends die in Tower 1, we at least felt some kind of connection with others..now? I really wonder what is going to happen next,.

:::sigh::: off to cook dinner for The Boy. At least he makes me feel all ‘warm and fuzzy.” hope everyone here, even the meanest of you, have someone in your life that makes you smile from the inside when they step into a room….

By Mrs. Godzilla

September 29, 2008 4:41 PM | Link to this

I simply can’t wait to see Governor Palin answer questions on this Thursday…..

By American

September 29, 2008 4:42 PM | Link to this

Time to get off the PARTY lines … Time to BE neither a Dumbacrat Or a Republidumb. Time to BE an AMERICAN and DO what is best for ALL Americans.

We can be thankful THAT bill was defeated. The way to recover the economy is to help those that are losing OR have lost homes and jobs because of this mess.

If you put money in the hands of those that NEED it the money WILL be be spent, rise like cream and help EVERYONE on its way up. Of course it would work its way all the way back up to the banks … hopefully banks that were prudent and frugle NOT those that caused or were part of the problem.

By David

September 29, 2008 4:46 PM | Link to this

Yay, Dusty. Having crybaby Boehner bring down the Dow a record number of points ought to make you happy, as well.

By DebbieDoRight

September 29, 2008 4:53 PM | Link to this

They have excerpts of the bailout plan posted on the net. I didn’t understand the majority of it; because it really didn’t make any sense to me. I emailed my Economics Professor and asked her to decipher it for me — she didn’t undertand it either. Now, I’m waiting to hear from my mentor, who’s an Actuary, to see if he can understand it and explain it to me!

I can understand why some people in the House don’t want to rush into this thing. I mean, that’s what got a lot of Homeowner’s in hot water — believing something they just don’t understand and signing their names to it!

By Tom

September 29, 2008 4:58 PM | Link to this

And these insectile intellects want even MORE of it, Jay. More Bush, more Ray Gun, more McShame, more Cheney, more of this historical bag of moral and ethical filth. Nothing, absolutely nothing can or will break thru or down that wall of gross ignorance that surrounds them. Nothing, just nothing will ever break thru that Repug party line and doctrine.The arrogance of ignorance abounds.

By American

September 29, 2008 4:58 PM | Link to this

TIME … also to GET MAD and NOT take it anymore.

PLEASE vote … and vote for anyone but a McCain or Obama. IF YOU VOTE for either of them your vote will be wasted.

Let’s have a new type of “tea party” where votes against “the two” will exceed those for them.

Then your VOTE will not be wasted. Instead it will send the message THAT NEEDS to BE SENT.

By AmVet

September 29, 2008 5:09 PM | Link to this

That uppity Lynn Westmoreland…

By Paul

September 29, 2008 5:14 PM | Link to this

Midori

Just my inability to display a grin without typing in that smiley face thing.

Have a good week, the road beckons…

BTW - didja ever think of running that Palin answer on Katie’s show alongside that video of the blonde in the beauty pageant answering the question about maps and reading and Iraq? They need to learn “two main points and then a period!!!”

By AmVet

September 29, 2008 5:17 PM | Link to this

Rightfully or not, this mess will be primarily shouldered by the imploding GOP.

They’ve controlled the White house for 20 of the past 28 years.

They’ve controlled the Congress for 12 of the past 14 years.

And Republican Presidents have selected 7 of the 9 Supreme Court judges.

Is this fiasco all their fault?

Of course not.

But whatever sh!tstorm befalls them now is well deserved.

Karma.

Republican Bloodbath, Part Deux. Coming to an election everywhere this November.

By AJC/DNC Management

September 29, 2008 5:21 PM | Link to this

Free market capitalism at work:

Central banks around the world unveiled a plan to pump massive amounts of cash into the global banking system in a concerted effort to boost market confidence and inject liquidity into the global markets.

As nine central banks used currency swaps to oil the wheels of dollar liquidity in the money markets, sterling plunged and was on course for its steepest one-day drop against the dollar for at least a decade and a half. - UKTimes

By the way, Pelosi is getting slam ate up over her little stunt.

What was I saying about hinges?

By American

September 29, 2008 5:28 PM | Link to this

Throw them ALL out and start from scratch …. NOW!

By Borat Obama

September 29, 2008 5:31 PM | Link to this

Bookman, you’re a moron. You failed to mention that over 90 Democratic representatives voted against it as well. Love your halfassed facts.

By Taxpayer

September 29, 2008 5:50 PM | Link to this

Then again, maybe McCain had a little hand in Pelosi’s 11th hour tirade. Sen. John McCain (R-Ariz.) and his top aides took credit for building a winning bailout coalition – hours before the vote failed and stocks tanked. Shortly before the vote, McCain had bragged about his involvement and mocked Sen. Barack Obama for staying on the sidelines. Yep. That’s what mavericks do. Good show, old boy. What do you do for an encore, John. Nothing. Is that all you got, John. Are you just another one of those cheap one-trick mavericks.

By GodHatesTrash

September 29, 2008 5:56 PM | Link to this

This Gang of Twelve little losers that voted against the bailout because a woman offended their sensibilities, and then a gay guy called them out and said they were a bunch of crybabies…

Expect to hear some more sissy-hissy fits from that bunch of loudmouthed cowards tomorrow. The little losers are crying in their pillows tonight.

By AJC/DNC Management

September 29, 2008 5:57 PM | Link to this

Yep, well let’s just see how much McCain had to do with this idiocy:

Pelosi Attacks Bush, Praises Clinton Surplus Prior to Vote on Bailout

Raging stupidity in full blown hysteria, don’t you just love the way she gestured with her ignorant hand?

The most embarrassing and completely asinine legislature in all of the storied history of American politics.

By GodHatesTrash

September 29, 2008 6:00 PM | Link to this

Mr. Bookman, speaking of sissies and hissy fits, I can’t tell from your post how Little Lynnie Westmoreland eventually voted…

By Felix

September 29, 2008 6:11 PM | Link to this

In trying to give McCain credit for inspiring their irresponsible actions the professed conseratives revealed their true motive, presidential politics.

By Cal

September 29, 2008 6:21 PM | Link to this

couldn’t congress have passed this without the Republicans? I hear they just don’t want to take the blame if it doesn’t work out. Typical. And they are the ones that got us into this mess under the Clinton years.

By getalife

September 29, 2008 6:25 PM | Link to this

Her speech was excellent Andy.

The markets with a 634 billion injection will return to normal tomorrow.

We just witnessed the October surprise and it failed.

Bwa.

By Cal

September 29, 2008 6:37 PM | Link to this

The liberals think that Sarah Palin is stupid. Nancy Pelosi makes her look like a rocket scientist. I think her IQ is in the negative zone and she is in charge of congress?

By Taxpayer

September 29, 2008 6:37 PM | Link to this

These Republicans and their stand on the grave of a long since fractured and crumbled shell of a self-destructed principle is really turning into quite the spectacle. If not for the self-inflicted tragedy, they’d look more and more like a canceled show from Comedy Central with each passing hour — the irony of it all. I can just imagine the punch lines from their opening show: “Well, we oppose this bill because well we can and it’s the right thing to do,” or “We’re here fighting to protect the American people from those low life scum that invested their retirement savings in AAA rated securities that had been sold to them by unscrupulous brokers that have already made millions in fees and stashed them in off-shore tax-free accounts and we won’t stand for it,” or “We’ll show those idiots on wall street that messed with us that we’re not through until we’ve made even bigger idiots of ourselves and everyone knows it.” Now, take that. A show like that should have been an instant hit so what went wrong.

By Cal

September 29, 2008 6:46 PM | Link to this

I don’t blame the Republicans for not voting “yes” after Nancy Pelosi stated that the root of this problem is from them. The democrats put us in this mess and want to pass the blame on the Republicans. Let them vote for this bailout which most Americans are against.

By Political Foreskin

September 29, 2008 6:48 PM | Link to this

Get over to ESPN. White Sox in a defecto playoff game against detroit. Sudden death.

Lovin’ October.

OJ about to present his defense. The wallstreet crooks should use the OJ defense: “If the loan aint legit, we get a stock split!”

Palin 08: Nobody doesn’t like Sarah P.

Obama 08: He’s right for what’s left of America.

By AJC/DNC Management

September 29, 2008 6:49 PM | Link to this

al-Gitmo: I think the world was prepared to see a little adult bipartisanship for once, instead they got more of the same, and it was one of your hacks that provided hysterical outburst.

Thanks, man.

And I do tend to agree that the capitalists will shelve the con job and see to it themselves that 3% bad mortgages do not devaluate all that they hold dear.

Ain’t it a trip though, the Repugs voted in favor of We The People and the democrats voted in favor of……………………………Wall Street welfare.

bwa

By Midori

September 29, 2008 6:54 PM | Link to this

Cal,

that 6:37 makes you look pretty foolish, yourself….

By getalife

September 29, 2008 6:57 PM | Link to this

What they got was a gop silly election stunt.

Looks like they voted to stop the stunt.

McGambler rolled the dice and lost the house.

By RW-(the original)

September 29, 2008 7:01 PM | Link to this

Pelosi didn’t just start insulting the House Republicaans right before this vote.

It happens quite often, actually. Most recently, Nancy Pelosi called House Republicans—the ones who were representing American taxpayers in negotiating the Democrats’ bailout bill—“unpatriotic.” This is because the Republican negotiators failed to attend a meeting of which they were not notified, and to which they were not invited.

By Political Foreskin

September 29, 2008 7:03 PM | Link to this

Get over to ESPN. White Sox in a defecto playoff game against detroit. Sudden death.

Lovin’ October.

OJ about to present his defense. The wallstreet crooks should use the OJ defense: “If the loan aint legit, we get a stock split!”

Palin 08: Nobody doesn’t like Sarah P.

Obama 08: He’s right for what’s left of America.

Andy 08: Stupid is as stupid blogs. You, sir, are a 23-point clinical criteria match for mongoloid idiot. (hey, I minored in psyche) You blog, dusty reads it, and then fondles herself in a retarded stupor over the stuttered syntatical dynamics only your mind could pump.

total losers.

jklol blog on, my fine friend, your efforts are lifting Obama’s polls by the second.

U S dusty. You and your ilk-moustache trolls (like @@, rw, and jbm, and your clones) are helping the cause of liberal progress immensly. (that’s not ilk…….ew)

bwa

By GOPs got to go

September 29, 2008 7:03 PM | Link to this

Well I was pretty p** this afternoon while watching my 401K plummet in value. Down right aghast at the little brats in the House and Senate with their stick and stones sophomoric responses. But while driving up to my locale bike shop for a tune up and listening to a Senator on NPR, I am thinking that maybe not voting for the bill was the right thing to do. The plan still needs tweeking, the parachute for CEOs needs to be cut, not hidden, like Bosch pointed out. There still needs to be a clearly set out interest rate charged to the bail out recipients. So we lost some money today, we will get it back when the market recovers, and it will recover, some.

Just separate thought here, there sure are a lot of sell your jewelry for cash commercials on TV lately, a sign of the times maybe?

By Midori

September 29, 2008 7:05 PM | Link to this

like those freakin idiots didn’t need to be insulted.

the morons.

all they do is obstruct, preen and cry like the wet behind the ears babies that they are.

By AJC/DNC Management

September 29, 2008 7:36 PM | Link to this

You could live another hundred years, you will never again see the US Government make an as-s of itself quite the way it did today.

Well, unless Oblahma gets elected, then it will be an every day occurrence.

Pelosi; she’s your hack, not mine.

By Cal

September 29, 2008 7:39 PM | Link to this

Midori,

I apologize. I didn’t know what a fan you were of Pelosi.

By Mike

September 29, 2008 7:40 PM | Link to this

How typical of Bookman to blame everything on Republicans. 40% of Dems voted against it.

Why doesn’t Bookman critique the following Democrat statements? Because he is a mindless partisan hack.

Said Hank Johnson of Decatur:

“Frankly, the president carries no credibility with me and that is one of the many reasons I opposed this reckless bailout proposal….The president has displayed an unnerving habit of making the wrong judgement, at the wrong time, so often that it is hard for me to believe him when he asks me to bail out his Wall Street allies to the tune of $700 billion, or more, all paid for by the American taxpayer.”

Said John Barrow of Savannah:

“There’s no doubt we need a solution to the economic crisis we are facing, but the plan that was before us today wasn’t good enough. It didn’t go far enough to prevent the taxpayers from having to foot the $700 billion bill. It didn’t go far enough to make sure that taxpayer dollars don’t end up in the pockets of Wall Street executives who ran their companies into the ground. And it didn’t go far enough to prevent foreign investors from making off with our money.”

Said David Scott of Atlanta:

“Bailing out Wall Street with $700 billion dollars of taxpayer money without a dime to help struggling homeowners is wrong,” stated Rep. Scott. “This is not just a Wall Street problem, this is a problem at the kitchen table of every family in America and this bill simply does not do enough to assist homeowners and keep their families in their homes.”

By AJC/DNC Management

September 29, 2008 7:41 PM | Link to this

The transcript seemed relatively tame — with only relatively mild shots at the Republicans in the text…..Pelosi’s office continued to distribute the as-prepared version of her remarks as late as 1:24 p.m. — an hour after she had delivered the more incendiary version of her speech on the House floor.-Politico

Pelosi; she’s your hack, not mine.

By Cal

September 29, 2008 7:51 PM | Link to this

Midori @ 7:05 - you have anger issues that prevent you from seeing reality.

By NRB

September 29, 2008 7:53 PM | Link to this

Well some good news today!

The liberal rag “Creative Loafing” has filed for bankruptcy. This means that Atlanta’s homeless population will have to look for something else to wipe their butts with.

I suggest the editorial section of the AJC, although they may very well end up being next on the liberal chopping block, as the masses turn away from anti-American liberal propaganda in disgust.

Keep writing your columns, Jay. Each one is another shovel full of dirt closer to the grave.

By Midori

September 29, 2008 7:58 PM | Link to this

Cal,

give both of us a break.

Palin is nothing more than a prettier version of Harriet Miers.

Stupid and dumb as the day is long, but hey — at least she wears a skirt!!!!

And if any of you wingnuts had any honesty and/or integrity, you’d admit it.

By GodHatesTrash

September 29, 2008 7:59 PM | Link to this

A little ditty for Little Lynnie Westmoreland -

Hush Little Lynnie, don’t you cry, Papa Barney gonna’s make you some puddin’ and pie…

They should call Little Lynnie and his Gang of Twelve Barney and Nancy’s Girls.

By getalife

September 29, 2008 8:14 PM | Link to this

Shorter House GOP: We killed the bailout bill because Pelosi hurt our feelings

“Frank: “We don’t believe they had the votes and I think they are covering up the embarrassment of not having the votes. But think about this: somebody hurt my feelings so I will punish the country. I mean that’s hardly plausible. And there were twelve Republicans who were ready to stand up for the economic interest of America but not if anybody insulted them. I’ll make an offer: Give me those twelve people’s names and I will go talk uncharacteristically nicely to them and tell them what wonderful people they are, and maybe they’ll now think about the country.”

gop are punks. Corporate media are not reporting the 634 billion bailout that Paulson did anyway.

John McCain is pathetic on this issue.

The market should rebound tomorrow.

By Rocky

September 29, 2008 8:16 PM | Link to this

I’m a Democrat and I KNOW this was BAD legislation! Good God! Who the heck thinks giving $700 Billion to a bunch of crooked whiners is in the best interest of the country? I think there will be turmoil for sure, but I say bring it on. We’ll see if Georgie and Barney were right about us all losing our jobs. Somehow I doubt it. More likely the case is there are lots of Congressmen in bed w/ the corporate titans they want us to bail out. If we let the big crooks go down we’ll probably bankrupt a few congressmen along with them or cut off a big spigot of money they and their cronies were counting on!!

By Kim

September 29, 2008 8:21 PM | Link to this

Anyone else notice the McCain isn’t wearing his flag lapel pin anymore? I noticed it soon after her suspended his campaign for the good of the country.

By TW

September 29, 2008 8:22 PM | Link to this

Having pandered for so long, the GOP was simply unable to lead when it mattered most. Let the redstate ignorant trash knock on my door and ask to go through my garbage. Please. I’ve got a fresh roll of film.

Morons.

By getalife

September 29, 2008 8:34 PM | Link to this

If the election was not so close, the lobbyists would win again. Both parties leadership said lets go for the 700 billion anyway. They knew Paulson would bailout anyway.

Yes folks, they are that corrupt.

Then when it failed, they went back to dividing the country with the blame game.

Yes folks, you have been played by these criminals.

Both parties are pathetic.

By AJC/DNC Management

September 29, 2008 8:34 PM | Link to this

Why, the Repuglickans don’t like people lying about them!!

Thee horror!!

Maybe they should form a Truth Squad of their very own, like little obambi did, hahahahahahahaha, losers.

Pelosi; she’s your hack, not mine.

By Hillbilly Deluxe

September 29, 2008 8:40 PM | Link to this

According to news reports I saw on virtually ever channel the common people of all political persuasions were overwhelmingly opposed to this bill. It got voted down. Isn’t that how it’s supposed to work?

By G

September 29, 2008 8:41 PM | Link to this

The Republicans have got to be kidding, right?

They are blaming their votes on the bill because their feelings were hurt by a partisan speech by a Democrat?

By Dusty

September 29, 2008 8:42 PM | Link to this

Hmmm poetry night… something for Sarah…

Sarah, Sarah, quite so merry, how does your garden grow?

With silver bells and popular swells and Congress all in a row.

Sarah, Sarah, quite so merry, how does the election go?

Oh, a golden sight with horizons bright and successes more and more.

Sarah, Sarah, quite so merry, where is it next you go?

To Washington, with John the One, and serve this land I so adore.

AND SHE DID!

By getalife

September 29, 2008 8:45 PM | Link to this

[Bush Sidesteps Congress? $630 Billion To Be Pumped Into Economy Despite House Bailout Rejection:] (http://www.crooksandliars.com/2008/09/29/bush-sidesteps-congress-630-billion-to-be-pumped-into-economy-despite-house-bailout-rejection/)

Yet, the dems will try again to steal that 700 billion for the lobbyists. You will not see this on corporate media only here, live at the Jay Bookman blog.

When are heads going to start to roll?

By getalife

September 29, 2008 8:48 PM | Link to this

Crap.

crusty cast a spell on Sarah.

Now she will talk in tongue at the debate.

Bwa.

By AJC/DNC Management

September 29, 2008 8:48 PM | Link to this

This is a classic example of Pelosi’s failed “leadership.” She could deliver only 60% percent of her own caucus and, needing Republican votes to pass what she said was an emergency bailout, she decided this would be a perfect occasion to score partisan points.- American Spectator

She’s your hack, not mine.

By Algonquin J. Calhoun

September 29, 2008 8:53 PM | Link to this

NRB, 133 Republinazis voted against the welfare bill for Wall Street. 133 Republinazis against! Shut the hell up Nazi!

By elias

September 29, 2008 8:58 PM | Link to this

The only problem I have with the Democrats is that they waited 7 years to call the Republicans on stupid economic moves that have killed all chances for our young people to have a future that can be as good as the present generation.

By @@

September 29, 2008 9:01 PM | Link to this

Dang PoliFore! Are these yours?

[[Stupid is as stupid blogs. You, sir, are a 23-point clinical criteria match for mongoloid idiot.]]

[[retarded stupor]]

Rather insensitive towards those with special needs, but what the hey? I still accomodated your visual impairment by placing your quotes in brackets — not italics.

~~~~~~~~~OO~~~~~~~~~

So jay? Why didn’t the dems just do the deal? What’s the holdup?

Next time they THINK they have a deal they should just keep it to themselves until ink hits paper. Their emotions are wreaking havoc on the market.

My husband just informed me he was taking a big chunk out of savings to purchase stocks. He just can’t resist a bargain.

“Okey dokey” I said………..”after you do that, will you start on the fence around the garden?” Don’t want the deer devouring this year’s greens.

Just saw Bill O’Reilly grilling John Kerry. Don’t think I’ve ever seen Kerry so testy. Kinda like Pelosi…..working hard to shift the blame.

Tomorrow is another day full of opportunities.

Knock, knock…..

By G

September 29, 2008 9:02 PM | Link to this

Re: SNL on 09/27/08

When they can take her original words, change nothing, and still have it be the funniest sketch of the night, that’s when you know… Palin’s candidacy is, quite literally, a joke.

It’d be an extremely funny joke if it weren’t for the fact that this woman has a legitimate chance of being that close to the presidency.

As it is we laugh to keep from being scared.

By Dusty

September 29, 2008 9:07 PM | Link to this

Don’t worry getalife(who speaks Cajun crap)

Biden’s got enough “tongue” for several people.

But Sarah will give him the old “dead eye”

And he will be DOA at the polls.

By Dusty

September 29, 2008 9:13 PM | Link to this

G@9:02 So you think that * Palin’s candidacy is, quite literally, a joke.*

Well, G string, Sarah’s going to carry that “joke” straight to the “bank” as ‘tis said.

She’s the real thing, something Americans enjoy because there haven’t been many around since pioneer days.

Get ready for a big laugh….on you.

By getalife

September 29, 2008 9:21 PM | Link to this

Laissez les Bon Temps Roulez (Let the Good Times Roll)

Now, get on your broom and go to the new thread.

Andy’s fav: Global warming.

By G

September 29, 2008 9:37 PM | Link to this

Dusty-Musty-Rusty,

Are you always so stupid, or is today a special occasion?

By Alan Moree

September 29, 2008 9:43 PM | Link to this

Thanks, Libs! The more you folks talk (blog) the more “Undecided” voters run to the GOP! Keep up the good work!

McCain / Palin ‘08

By Algonquin J. Calhoun

September 29, 2008 10:00 PM | Link to this

Alan Moron, that’s not what the polls say! Mc Stupid is falling out of the race. Palin will withdraw by the weekend. We’ve had enough of the Republinazis!

By JayIsAnIdiot

September 29, 2008 10:01 PM | Link to this

Jay…now you’re nothing more than a babbling idiot. On second thought, you’ve always been a babbling idiot, but today you’ve confirmed it. First, the bailout is BS. Second, if Pelosi, and her minions could get their act together, they have more than enough votes to get this instituionalized socialism passed. Republicans didn’t kill it, they just did (for the most part) what they should do. Democrats and their majority simply didn’t pass it.

By Algonquin J. Calhoun

September 29, 2008 10:21 PM | Link to this

jay, pelosi din’t say a thing that’s not true. It’s not all that strange that Republinazis would have a problem with the truth, is it?

By John D. Bowling

September 29, 2008 11:06 PM | Link to this

Timely Verse

By John David Bowling

Wall Street’s having a financial meltdown.

Politicos in both parties are scurrying around.

Investors on main street are wringing their hands.

Cause they’re seeing the end of their retirement plans.

Washington is bloated with lobbyist and greed.

Nothing gets done with any deliberate speed.

Representatives and Senators can’t pass any laws;

They’re too egocentric and riddled with flaws.

It’s enough to make citizens throw up their hands,

Alas, what can they do to salvage this land?

The presidential race offers no solution at all,

We’re tempted to vote “none of the above” this fall.

They say it all started with housing loans,

People tried to keep up with their neighbor Jones.

The bankers made loans to all that applied,

When they knew already their credit was fried.

They passed it on and called it sub-prime.

And hid it in stocks that continued to climb.

Banks started to fail as eventually they would,

And CEO’s bailed out just because they could.

It’s the taxpayers left holding the bag,

So sick of politics they want to gag.

Talking heads on TV are having a ball,

They’re always happy when there’s a brawl.

How do we counter, you want an opinion?

Maybe revolt and start a new union.

Next time there’ll be no lifetime pols,

One term they’ll serve and buddy that’s all!

By Cal

September 29, 2008 11:12 PM | Link to this

Why couldn’t Pelosi rally her own party? That is the big question of the day. Republicans weren’t that big on it anyway. Republicans were going along with what the American people were screaming about. Why should they have to pay for the mistakes of the Democrats?

Pelosi lied about how this came about. Fox showed a great clip tonight from 2004 where Barney Franks is telling Congress that Fannie Mae and Freddie Mac don’t need to be regulated, that they are just fine. Go online and see if you can view it. That is why the Republicans have a problem with what Pelosi said. She wasn’t telling the truth.

By Algonquin J. Calhoun

September 29, 2008 11:23 PM | Link to this

George W. Hitler has bankrupted the nation! Pelosi didn’t lie about anything! Truth hurtin’ ya?

By ron

September 30, 2008 2:07 AM | Link to this

The average American is a go to work,pay the rent/mortgage type person.Average salary around $41,000.They percieve that the only thing Wall Street and the big banks have ever done for them is to keep everything they want just out of reach,while the Streeters roll in wealth.Now the fat cats have rolled a little to long and have upset their gravy train and they would like Mr. and Mrs. America to bail them out. Mr. and Mrs.are a little balky at the moment about doing this and the word has gotten to their Representatives,who did something about it for once.This was a bipartisan rejection,not a Republican or a Demcratic rejection.

It is generally thought that a few bad days at the stock market will change people’s mind,but I am not so sure about that.The market will,eventually,get itself straightened out.It always has.The time between now and then will be very bad for Mr. and Mrs. America,but I think they know that.

If real change in the system is offered Americans,they will accept a bailout using their money,but that change has to be real,not some sham that can be easily side stepped.

That said,I now expect Congress to vote to accept the bailout with less protection to the taxpayer than what was in the origional bill.That’s the real world,isn’t it?

By Felix

September 30, 2008 3:47 AM | Link to this

Apologize Nancy, and bring this sucker back up for another vote. Times awastin’! Democrats would have rallied for a Democrat president, but they expect a little help from the incumbent on a bill this controversial.

By GOPs got to go

September 30, 2008 4:54 AM | Link to this

Has Crusty been traveling to Columbus Ohio?

By Don Thieme

September 30, 2008 5:34 AM | Link to this

Now that the bill has been killed, perhaps House and Senate Democrats can set about passing the worthwhile parts. The mortgage and housing crisis is at the root of this. Bankruptcy judges need the authority to renogotiate bad mortgages.

By TomG

September 30, 2008 6:31 AM | Link to this

The rejection of the bailout really means only one thing…the American people do not trust Washington…very basic.

By Skeptic Tank

September 30, 2008 8:27 AM | Link to this

Republicans are hypocrites. When a Democrat rails against the foolishness which is the Iraq war, Republicans paint them as unpatriotic…and tell them to quit politicizing our war on terror. When Democrats point a finger at the deregulating imbeciles of the right, they are told, “Hush, children, this is NOT a political matter”.

Meanwhile, McBush and his predecessor tell us that Democrats are weak on terror, that doom and gloom will visit us if Obama is elected, and that Democratic policies on the environment have caused each and every economic problem that we encounter today.

Republicans want their cake and to eat it too. They whine and cry and demand to be pampered and forgiven. Democrats are far from perfect, but the duplicity of the right is quite obvious.

By pat

September 30, 2008 8:31 AM | Link to this

Well, aren’t the democrats the majority? So, by logic, if every democrat voted for the bill and none of the republican voted for the bill it should have still passed, right?

Besides, padding time between the proposal of a bail out and actually allowing it to pass may show in the end that it is really not needed and them markets may correct themselves. We’ll see.

By rlj

September 30, 2008 8:32 AM | Link to this

Much is being said about House Republicans not delivering the votes, but what about the Dems. I noticed only two reps of the whole GA delegation voted yes. Among the nays was Lewis. The bailout stunk to people on both sides of the aisle. And Nancy Pelosi needs to get over her need to be arrogant and partisan. On both sides there are people who just need to GROW UP.

By LOLO

September 30, 2008 8:39 AM | Link to this

Market correction will be painful for a much shorter term than a bailout. HOWEVER, the bailout will create pain in the long term with rapid inflation based on phony asset values. Essestially we are creating a fiat economy with a massive bailout.

And no Jay, priciple WILL help people feed their families becasue sound economic priciple always wins over political whims that allow people to eat steak for one year then starve for the following decade. The credit freeze that will ensue with no bailout would have to be temporary as markets recalibrate and equalize. This wouldn’t take a lifetime to do as competion will then drive the market to create new loans based on actual ability and likliness to pay back loans.

By CommunistAJC

September 30, 2008 9:16 AM | Link to this

JAY BOOKMAN, You are a complete hack. This is the GOP’s fault? Are you kidding me?

Number one: the bill is terrible for the country.

Number two: 94 democrats voted against it.

Number three: In 2004, Barney Frank said there was nothing wrong with Freddie and Fannie. He was “appalled” that the GOP would even think that there was a problem with Freddie and Fannie.

Number four: In 2004 Bush and Mccain said that Freddie and Fannie needed reform.

Bottom line: Clinton and company DEMANDED that EVERYONE, no matter what credit history, get loans and mortgages. EVEN IF THEY COULD NOT PAY THEM BACK.

Have fun in the unemployment line Jay. Your racist newspaper is going down the drain and it’s taking you with it.

Number five:

By whatacrock

September 30, 2008 9:20 AM | Link to this

Oh poor little whinny republican whimps, geez, someone take them a box of kleenexs and pick em up and kiss their booboos; Whatacrock! So tomorrow Pelosi needs to go into congress before proposing the bill once again and bring flowers for the women republicans, chocolate candy for the men, and deposit slips from every bank account of every american so that they can deposit about a trillion of their own dollars into those accounts!

This will make up for what everyone lost and put their “principle” where their wallet is! Principles my @$$! Whatacrock!

By WillieBkind

September 30, 2008 9:20 AM | Link to this

I am ambivalent about the bailout. I think not loaning money to desperate people, rich wall street members, and people living above their means is simply good business. It is not good for businesses that are using it as payroll. However, I have been screaming to Jay to put “do nothing Pelosi” on the blog. Yes, I know the DNC give Jay and the AJC their marching orders every morning. A pamplet most likely with all the misinformation and misdirection they could possibly use to shape local and national events. “Do nothing Pelosi” finally came forward and what did she do but spew hate and partisan rants in the middle of a vote. Now that is REAL leadership by wacko liberals! I congratulate you. Why are the independents waiting to decide who to vote for by looking for Sara Palin to make her mark? Not paying attention to Pelosi is simply out of reason and out of touch. Pelosi is already there destroying any positive movements by bipartisanship members of the house. Pelosi is more responsible for the shape of the financial world in the months she has been speaker than the eight years of Bush. She is responsible for no energy plan and that is the root of all this evil. Just think what a partnership she will have with liberal Obama. The damage to this country could be greater than the Great Depression. Yes it will have detrimental effects on main street. Good rhetoric will not fix it. WAKE UP AMERCIA!! The liberals are destroying our country. Thanks Jay for all your support.!!

By zeke

September 30, 2008 9:41 AM | Link to this

A pig is a pig even if you put lots of makeup and lipstick on it!! This proposed bailout bill is just another example of the ineptitude of our elected morons, especially democrats! Why can’t we get the real story of the causes of this fiasco? The democrat bills in the 70’s, 80’s and 90’s that demanded banks and other lenders give loans to those not qualified under customary requirements of acceptable credit history, acceptable income requirements and general good reasons to believe they cound pay back the loans! No, they had to give loans to those who had very little chance of paying them back under the guise of an affordable housing initiative! In short, lenders as a requirement of doing business were coerced by the government into giving loanns to those who probably had no chance of paying them back! Now they want to spend more money on affordable housing, and, to keep those already on the dole of taxpayer money loans by giving more money and also allowing the government to access the free market system to socialize another segment of our economy! NO-NO-HELL NO!!!

By Dino

September 30, 2008 9:50 AM | Link to this

The one time for the Democrats to step up to the plate and they blow it…..They do have the majority in Congress, right?

Bush was ready to pass the bill and they had the votes. It didn’t matter what the Republicans wanted to do, the Democrats could have forced this bill through Congress with their majority.

I guess this is just another example of them trying to put the blame on the Republicans for the economy and to try to fix the election.

By the way, if you are one of those who do believe that the liberal media is NOT being biased towards O”Blah”ma, check out Sept.’s cartoons by Luckovich in the AJC (every single one of them is about McCain!….I wonder which candidate he is going to vote for?….Unbiased media?…BS!).

Another point to ponder for those in business: If an applicant came to you with a resume that included a couple of years of experience over an applicant with many years of experience, which is the prudent choice?

Think about this election, O”BLAH”ma has actually been in the Senate for only 2 years as the rest of the time he has been campaigning. McCain has been there for many years and has the experience to Lead, not just talk about it.

I don’t know about you, but the Presidency isn’t about on-the-job training and if he can’t even do his job as a Senator, what makes you think he will as President? Just because he tells you he can? If you believe that, I have some land I want to sell you.

O”Blah”ma always talks about “CHANGE” to get away from the real issue….his inexperience! He figures if he can do a song and dance, you will all forget about it! What was it that P.T. Barnum said? “A Sucker is born every minute!”

As for Foreign Policy, when (not if) Iran develops and TESTS a nuclear device, what is O’Blah”ma going to do, if God forbid the liberal media gets him elected?….GO TALK WITH THEM??!!! What about when Al-Qaida attacks Americans again?…..GO TALK WITH THEM, TOO??!! O”Blah”ma has NO foreign policy experience, what is he going to tell them?….That he was a Community Organizer?!

God help us all if he is elected! Hillary would have been a better choice for Democrats.

By jakesdad

September 30, 2008 10:02 AM | Link to this

the republicans (& 90 democrats) probably did the right thing for the wrong (arguably idiotic) reasons. everyone needs to read the Weiss Research paper on the subject. if you’re too lazy to google it basically says (& supports w/a ton of data) that the problem is being GROSSLY understated, $700B is nowhere near enough to “fix” it, $700B is however more than enough to sink the bond market and set off massive inflation. their basic reccomendation is that congress should focus more on shoring up FDIC & other “safety nets” and minimize any actual asset purchases. doing nothing is worse than doing the right thing but it might be better than doing the wrong thing…

By CommunistAJC

September 30, 2008 10:12 AM | Link to this

zeke, Spot on. I found some youtube videos of Barney Frank talking about how great Freddie and Fannie were in 2004. This is the WORST congress in the history of the USA. NINE PERCENT approval rating.

Jay Bookman, Are you going to at least talk about how congress has a nine percent approval rating? FAR lower than Bush’s.

Dino, As much as I despise Hillary, she would have been a MUCH smarter president than Obama.

By sea

September 30, 2008 10:28 AM | Link to this

Zeke, Dino, CommunistAJC

Amen!!!

By Ira

September 30, 2008 10:29 AM | Link to this

lots of zealots here. how can you actually expect republicans to vote for this? It goes against the very grain of the party.

I remember in like 03 or 04, Greenspan warned us about Freddie and Fannie. I guess congress should have listened to him!

By Political Foreskin

September 30, 2008 10:39 AM | Link to this

How about how Maria Bartiromo made such a fool out of herself on CNBC yesterday as the market plunged. She was as histrionic as that bond report idiot that waves his arms around when he talks like a Tokyo Traffic Cop. He’s the biggest idiot on tevision, next to Cramer or Hannity.

Cramer had the nerve to weigh in yesterday. Like he’s not full of booyahsh!t. How does that total jackass get past the audition process? No oversight.

There’s no oversight on nuthin. And it makes me sick. Mediocre monstrosities rule our society. I’m not entertained, R u?

How many of you can now narrate the credit crunch and bailout? How many of you trolls who blog like Ditto heads can explain why the committee who decided the AIG bailout decision included Two Goldman Sachs chairmen. Can you name them and can you tell us the amount that Goldman Sachs had invested in AIG? I doubt it. You losers only know how to turn on the radio and listen to rush lipbalm, but you apply the balm around your other orafice, dont you, butt-bailouts.,

The world truly is divided between the haves and the half-wits.

Obama 08: He’s right for what’s left of America.

Palin 08: Nobody doesn’t like Sarah P.

Notice how Bookman and Wooten also have no idea how to editorialize this credit crunch. I knew they were phonys. they dont know any more than you or I. Well, at least me, they know alot more than you retards, that’s 4 sure, that’s 4 dang sure.

loljk

By old91A10

September 30, 2008 10:49 AM | Link to this

Skeletons in the closet — guess who?

http://uk.youtube.com/watch?v=NU6fuFrdCJY

By ObamasWetBehindTheEars

September 30, 2008 11:00 AM | Link to this

In 2005, the Senate Banking Committee, then under Republican control, adopted a strong reform bill, introduced by Republican Sens. Elizabeth Dole, John Sununu and Chuck Hagel, and supported by then chairman Richard Shelby. The bill prohibited the GSEs from holding portfolios, and gave their regulator prudential authority (such as setting capital requirements) roughly equivalent to a bank regulator. In light of the current financial crisis, this bill was probably the most important piece of financial regulation before Congress in 2005 and 2006. All the Republicans on the Committee supported the bill, and all the Democrats voted against it. Mr. McCain endorsed the legislation in a speech on the Senate floor. Mr. Obama, like all other Democrats, remained silent.