Sunday, September 28, 2008
Potential Bailout/”Rescue” Deal Called Crap Sandwich That Sucks! (By Congressmen)
Posted by ed. dickau at 7:00 PMPotential Bailout/”Rescue” Deal Called Crap Sandwich That Sucks! (By Congressmen)
(The Politico) In a closed-door session with House Republicans, Minority Leader John A. Boehner just called the financial rescue deal a “crap sandwich” – then said he’ll vote for it when it comes to the floor Monday.
House Republicans are the key to the bill’s passage – Speaker Nancy Pelosi said earlier today that it’s a “bipartisan” bill and will need “bipartisanship” to pass – and it now appears that a substantial number of them will put cast their votes in favor of it.
According to a source in the room, the plan has so far won endorsements from Minority Whip Roy Blunt, who negotiated it on behalf of the House Republicans; Eric Cantor, the chief deputy whip; and Paul Ryan, a hard-core conservative from Wisconsin who may hold more sway with conservatives on this issue than any other member of the House.
But like Boehner, Ryan wasn’t exactly happy about how things have unfolded. Referring to the situation facing the country – and not the bill itself – Ryan said, “This sucks.”
Such a ringing endorsement just makes you feel warm and fuzzy all over…NOT..so what’s in …The Bailout Deal!
Key U.S. legislators released the compromise draft of the $700 billion bailout proposal early Sunday evening ahead of the opening of markets in Asia, and now have one final hurdle to clear: convincing the rank-and-file of their parties to support the legislation when it comes to a vote, likely on Monday.
In a press conference before meeting with House Democrats, Speaker of the House Nancy Pelosi, D-Calif., said the bill was a bipartisan piece of legislation. "If we don't pass it we shouldn't be a Congress," (Excuse My French but there is area Fucking Deal! Ed.), said Sen. Judd Gregg, R-N.H., who told reporters that he was confident the bill would pass without a further round of changes….more….
Taxpayers Attack Bailout http://www.forbes.com/video/?video=fvn/business/protest092608
This Ought To Make Us All Feel Better…Right?
Cafferty’s Corner
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