Thank You Democrats

[sluggish]

On a different note, Pilosi's speech (which she was 100% right on) hurt some Republican's feelings. So they changed their mind. Should she have said what she said? I think she should have done it after the vote in my opinion. Hopefully we can get a better deal later this week.

You need to read this article.-

http://query.nytimes.com/gst/fullpage.html?res=9E06E3D6123BF932A2575AC0A9659C8B63

''These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis,'' said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee. ''The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.''

Representative Melvin L. Watt, Democrat of North Carolina, agreed.

''I don't see much other than a shell game going on here, moving something from one agency to another and in the process weakening the bargaining power of poorer families and their ability to get affordable housing,'' Mr. Watt said.

(start squirming fan boi)

[Ack-Ack]

i don't know what the fuss is about, fanny and freddy are fine, barney frank said so and he should know , he is the chair of the house committee that over sees them.  

Well, he should know, he was buggering an executive from one of them.


ack-ack

[Hangtime]

That's the one that looks like a condemnation of the black democrats wailing at the whitey republicans for attempting curb their black inner city constituents freddie and fannie gravy train..

Or is that just a coincidence?

Or is it why it's being avoided by the mainstream liberal media... what with a black lookin guy up for election and all?

[RedTop]

.... This would result in legislation that is backed by a proportional amount of Republicans and Democrats. This on paper allows for both parties to take credit for pushing forward with $700 Billion bailout plan.

Wouldn't it be great if the GD legislation from Washington would work this way all the time , instead of having half assed BS POC legislation all the time that has to be thrown around like a football? Then play the blame game everyday?

HEY...There's an idea.....make frikin LAWS that are RIGHT instead of getting someone rich. WOW...What a concept.

[Hangtime]

HEY...There's an idea.....make frikin LAWS that are RIGHT instead of getting someone rich. WOW...What a concept.

they killed that in committee.

[Ripsnort]

You need to read this article.-

http://query.nytimes.com/gst/fullpage.html?res=9E06E3D6123BF932A2575AC0A9659C8B63

(start squirming fan boi)

Nice find. That article sure does leave an ugly stain on the reasons for today's current events.

Yep, off the taxpayers 401k plans, we were able to make affordable housing for those poorer families that couldn't afford a house in the first place, but Fannie Mae was certainly going to give them a loan anyway. 

[Steve]

It was supposed to be a bi-partisan deal, which obviously fell through. I'll try to explain this so it makes sense. The plan was to have enough votes from both sides to push the legislation forward. The bi-partisan attempt had to have people oppose it in order to make the numbers more even for each party. This would result in legislation that is backed by a proportional amount of Republicans and Democrats. This on paper allows for both parties to take credit for pushing forward with $700 Billion bailout plan. They can say "we" instead allowing only 1 party to take the credit. It's definitely weird, but that is how Washington works.

On a different note, Pilosi's speech (which she was 100% right on) hurt some Republican's feelings. So they changed their mind. Should she have said what she said? I think she should have done it after the vote in my opinion. Hopefully we can get a better deal later this week.

Dude, buy a ticket for the clue bus. Pelosi didn't want the bill to pass.

[Sixpence]

So is pining about what's already been done, and letting today's problem run away because of it. We can't (unfortunately) go back to 2004 and email those representative's that trying to persue the goals of getting their constituents out of the ghetto (dirty slums, but they could at least pay for it with welfare) and into McMansions' out in the suburbs (Which they can't afford, and soon turn those into dirty slums anyway)

So the problem is crackheads from the welfare ghetto bought mcmansions in the burbs?

lol, too funny

[FrodeMk3]

So the problem is crackheads from the welfare ghetto bought mcmansions in the burbs?

lol, too funny

In an extreme example...earlier, and I believe in another thread, Crockett showed that it was all walk's that got in over their heads.

But for all of our arguments up to this point, there's a new twist; They are gonna try the same bill again, with some riders' to try to make the House Repub's happy enough to make it pass:

http://news.yahoo.com/s/ap/financial_meltdown

[RedTop]

In an extreme example...earlier, and I believe in another thread, Crockett showed that it was all walk's that got in over their heads.

But for all of our arguments up to this point, there's a new twist; They are gonna try the same bill again, with some riders' to try to make the House Repub's happy enough to make it pass:

http://news.yahoo.com/s/ap/financial_meltdown

And I wonder how much of the bells and whistles are germain(sp) to the bill. I'd be willing to bet not alot. Tax cuts? Health insurance provisions? B.S.!! B.S. stinks and this smells like more B.S..

[Sixpence]

In an extreme example...earlier, and I believe in another thread, Crockett showed that it was all walk's that got in over their heads.

But for all of our arguments up to this point, there's a new twist; They are gonna try the same bill again, with some riders' to try to make the House Repub's happy enough to make it pass:

http://news.yahoo.com/s/ap/financial_meltdown

No, it was this thread

yeah, funny isn't it? Borrow 700 billion you have to pay interest on, and call it a tax cut

How about tying it to reducing the debt to x amount in x amount of years? How about to a balanced budget? Are there any fiscal conservatives left?

btw, my rep(Tierney) voted no, I emailed to thank him

[DmonSlyr]

why would you want to say no to that??? because our banks are about to bankrupt. freddy mac and fannie may really <F> our economy. i think if we are gonna spend our tax money put it towards helping our economy start back up. we need to focus on getting our banks back in order. FM and FM really <F> a lot of banks and hell im just prayin im gonna be able to take out a loan for college pretty soon.

wouldnt a boost of money help get us back on track? yes the government is gonna make a but load of money in return but wouldnt that be a good too? i mean we are trillions of dallars in debt. 

we need a jump start. our ecomony is on it death bed with cancer. its only a matter of time!

and gee the democrats well theyed love to have a communist country as far as i see it. looks like we are getting closer and closer too it with all the veto/ no plan returns to help us get out of our struggle.

what would yall think a better idea would be HUH???

[Sixpence]

i mean we are trillions of dallars in debt. 

Yeah, so borrow 700 billion more

[DmonSlyr]

we already have the 700 billion plus the government is gonna make about a trillion in a couple of years if they follow through with this plan

[Sixpence]

we already have the 700 billion

oh we do?