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Monday, September 29, 2008 12:00 AM

Bailout follows the 10 normal principles for how our government functions

The transfer of hundreds of billions of dollars to Wall Street is anything but "extraordinary."

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Monday, September 29, 2008 09:50 AM

Forget about the economy, education, health care, infrastructure

and everything else because these crooks have stolen all of your money and pretended they were saving America from the terrorists and now those deadbeats who couldn't pay off their loans because they borrowed from loan sharks because the government sees nothing wrong with ripping off suckers.

All breakk the laws and seek a government handout while scorning their victims.

Everyone who votes for this should be voted out.

It won't happen. The voters are that stupid.

Monday, September 29, 2008 09:51 AM

Oh!, Glenn

I really don't have any idea whether the "plan" is going to be good for us in the long or short term but I agree with you that the process which has both lead to the "crisis" and the process which has been used to defuse the "crisis" is faulty to the extreem.

Why hasn't anyone used the words "October Surprise" to describe what has been going on for the past 10 days? Surely it can't be related to the actual calendar month it began in.

Republican duplicity and Democrat complicity enmeshed in this whole deal is evident.

Monday, September 29, 2008 09:55 AM

At what point will voters give up?

At some point there will be a general voters strike because it is plainly evident that the so-called elected representatives are not listening to their supporters.

Whether it was the Iraq invasion to now with the "bailout" Mr. Bush has utilized demagoguery in order to cower those in Congress to do his bidding, with the willing accomplices in the corporate media.

However if the fact that the people are 300 to 1 in writing and calling their Congress about this bailout for Wall Street because it is a scam then why aren't they listening?

As I've listening to many people who believe that a "pox on both their houses" if they vote for this bailout of Wall Street.

There are alternatives but corporate media has muzzled those voice that speak about a responsible bailout for mortgage owners but only Wall Street high rollers who created this mess and now are hung by their own fiscal petard are consuming the airwaves.

Monday, September 29, 2008 09:56 AM

My understanding is limited...

...and perhaps colored by the fact that this has become a wedge issue for Republicans. But anyway, are you saying you oppose the bailout of these companies? I have heard and read that had AIG fallen, the whole fabric of credit would have been torn. There is a very conspicuous element of nepotism and corruption in the connections that Paulson has to Goldman, but Goldman is a huge and powerful financial actor. What I'm trying to get at is, are you opposing a bail out of any kind--and that's completely seperate from the fact that a deregulated and enabled financial system caused this mess--or are you opposing the terms of THIS bailout. It seems that the CW--the too big to fail meme--is actually true.

Glenn or anyone?

Monday, September 29, 2008 09:58 AM

America is becoming a parody of itself.

We say one thing we do another. We claim to stand for and "believe" in certain fundamental principles which make us "oh so exceptional as a nation" and specifically "blessed by the creator."

Kleptocratic, fearful, war mongering, lazy, unprincipaled, salacious greedheads in government and the "legal fiction" sector can literally get away with anything because our two tiered legal system yields unjust results for the rich. Or should I say it covers their blatant illegality with the patina of legitimacy and legality.

This country is becoming the punchline to a sick history of the world joke. A nation of laws not men . . . that's a classic right there. From "superpower" to "third world pauperism" in less than 300 years.

Monday, September 29, 2008 10:00 AM

Framing

It's funny, watching the debate unflod on the MSM it's being framed that all opposition is by conservative House Republicans...not the reasonable, serious Senate Republicans or the Republican leadership.

I have to wonder, that right now with the mood of the country, that it is being framed that way more as a way of marginilzing the opposition. Make it seem like it's just those crazy righties that don't want this done.

Sherrod Browm, Jesse Jackson Jr., Dennis Kucinich, etc. to name but a few are hardly "conservatives".

This bill is the worst thing possible.

Monday, September 29, 2008 10:03 AM

omooex

I think Glenn's point is, there have been far less expensive and far more likely to actually be effective plans proposed by those withe the knowledge/foresight to have been warning about this debacle for some time now.

Apologies for the convoluted run-on sentence structure, but you catch the drift... Busy today. I'm out.

Jeezuz, Glenn, it's like a solid blow to the solar plexus when you write these...

Monday, September 29, 2008 10:03 AM

Not a dime's worth of difference between dems and pubs!

Amen to all you said, Glenn. And not a dime's worth of difference between the two parties. 700 billion for the perpetrators, 0 for the children.

For still-relevant bumper stickers, click on my signature.

Monday, September 29, 2008 10:03 AM

Bush's Appearances

Just the number of times he's gotten on the TV about this tells me it stinks.

Everything from the administration is an emotional appeal,to fear and anger. I've called Dodd, Lieberman and Shays multiple times. I doubt Dodd will be reelected here in CT if this thing passes. He's been set up as the fall guy.

Monday, September 29, 2008 10:03 AM

Number 9, Number 9, Number 9...

(9) On the most consequential and fundamental questions that define the country, the establishment/leadership of both political parties are in full agreement, and insulate themselves from any political ramifications by acting jointly. Democrats in particular jump eagerly into line when told they must cooperate with the White House to avert whatever the Disaster du Jour is (and in this case, House Republicans were most impressive in defying these orders until they, too, were basically whipped into line), but ultimately, the differences between the parties at the level of their leadership are impossible to detect.

I'm especially mad at how the Democrats first announced that they were going to fight for the right for bankruptcy judges to reset mortgage terms, but then almost immediately announced that this item was "on the table" in the negotiations. Of course, the administration wasted no time grabbing it and taking it away from the homeowners.

Monday, September 29, 2008 10:04 AM

The house of reps

is the closest thing we have to a house of commons anymore. If this bill dies, it dies in the house.

Monday, September 29, 2008 10:06 AM

@omooex

The following article is very informative and it list conservative and liberal reasons why this is a bad deal.

http://action.credomobile.com/sirota/2008/09/top_5_reasons_to_vote_against.html

I highly recommend it, it was first linked to by susan sunflower over in Andrew Leonard's posts.

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