kentuck
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Thu Oct-02-08 11:15 AM
Original message |
Fifteen more Repubs will not be enough to pass the bailout bill... |
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Edited on Thu Oct-02-08 11:28 AM by kentuck
Although only a baker's dozen short in their last vote, if they think they can get 15 more votes and get it passed, they may want to reconsider their assumption? Since they voted last, the bill went to the Senate and got all larded up with tax cuts, etc. There is a good possibility that the Democrats will lose support on this new bill, especially amongst the so-called "Blue Dog" Democrats. They are adamant about new spending or new debt without paying for it. It would not be surprising to see at least a dozen Democrats desert this new bill. That means that the Republicans should count about 90 votes for it before they count their chickens...
(edited for clarification)
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leftofthedial
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Thu Oct-02-08 11:17 AM
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1. I would hope that any true Democrat in the House would vote no |
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on this supply-side, pork-laden piece of filth.
this bailout is extortion, plain and simple.
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lame54
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Thu Oct-02-08 11:20 AM
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2. I hope it fails and I don't give a shit who gets credit for it... |
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This is the theft of this and any other century
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kentuck
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Thu Oct-02-08 11:25 AM
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4. There is no guarantee that it will help anything at all.. |
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In fact, it may do more harm than good. With the economy sliding into a serious recession, it will be much more difficult to spend to help those at the bottom when it is needed. Sorry, it went to Wall Street. But, if you can just hang on for a year or two, it may trickle down to you.
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MiniMe
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Thu Oct-02-08 11:22 AM
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kentuck
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Thu Oct-02-08 11:29 AM
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6. Reportedly, it is tomorrow... |
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They are going to spend today twisting arms...
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shadowknows69
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Thu Oct-02-08 11:25 AM
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5. I'm inclined to be against it but its a done deal |
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Someone might want to start working on a plan to fix things when this one doesn't work that doesn't just involve banktrupting our country for future generations.
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KharmaTrain
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Thu Oct-02-08 11:54 AM
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7. I'm Feeling The Same Way |
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I am very much against using tax dollars to bail out the avarice and corruption that ran rampant in the financial world for a long time, but there's also a side that sees how the credit crunch is making a bad economy even worse and the pressure this real crisis has been hijacked by the booosh regime and their K Street and Wall Street cronies to cover a lot more turf...turning us into a dumping ground for their bad debt.
The fix won't be quick or easy...and one that shouldn't be decided 40 days from an election...look at how many "retiring" GOOPers there already are and I expect them to be joined by several more after the election. This is a job a fresh Democratic Executive and Legislative should look into. Anything to be done now should be a band-aid...it'll be a $250 billion dollar one (still too damn high), but that's better than the 700 billion and possibly ease the credit crunch that is going to directly affect the middle and lower classes as businesses close or reduce hours and the bite we're feeling right now gets worse.
Cheers...
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Sat May 04th 2024, 04:55 AM
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