Obama owns defeat. Can’t even unite 218 Democrats, much less America
Barack Obama owns the defeat of the Wall Street bail-out bill today, more so than Speaker Pelosi, President Bush or anyone else. Obama has held himself out for over a year as The One we have been waiting for to change old politics and unify us. When the crisis broke out over ten days ago, he scoffed at McCain’s flight to D.C. to return to | Read More »
This is what happens when two whores pretend like they’re virgins
House Defeats Wall Street Bailout Bill Watching donkeys and elephants trying to cohabitate would be high comedy indeed, if it weren’t that we’re at severe risk of getting crushed by the flailing limbs during their mating dance. But thankfully we aren’t getting screwed, at least not today…
http://www.breitbart.tv/html/184803.html This is the speach that Cantor and Boehner (sorry spelling) were saying sunk the bailout right after the vote at that news conference. Cantor was really good, I thought, of explaining the reality of the situation (as in he wasnt about to let the Democrats make the Republicans look foolish, he rightly pointed out that about 94 Democrats voted against bailout, and to paraphase, | Read More »
The Truth Hurts
As this situation resolves itself into a blame game and assisted with the finger pointing of certain elected parties I think it’s important to recognize the initial point of conception of how the problem started. If you cannot find the underlying issues, you cannot fix the problem. By now most are becoming aware of the precipitating factors and the scare mongers are running rampant in | Read More »
Digesting the failure of HR 3997
Im going to cut straight to the chase and note a few things which should be highlighted about the failure of HR 3997. Democrats control Congress. If they wanted to do so, they could and still might pass this legislation through, complete with ACORN funding and all. The fact that Speaker Pelosi failed to do so is fairly significant. It shows her (and Obama for | Read More »
Barney Frank just stepped up to defend Pelosi
She was asked about her stupid comments about Republicans and how her mouth hurt the passage of the bailout. Barney took the question for her. Can someone point out the stupidity of slandering the Administration and Republicans with 8 years of failure, but from the other side of your mouth saying that everyone has to get behind the Administration’s bill? Can the House Republicans step | Read More »
At Least The Fed Is Showing Leadership
$630 billion has been injected into the private capital markets in order to restore any lost liquidity. Of course, this causes issues with the Fed’s balance sheet but it can sell Treasury securities to make up the difference. The stock market will still go down thanks to the failure of Nancy Pelosi and House Democrats in trying to pass a bailout plan but the Fed’s | Read More »
Nancy Kills Bill
House GOP leaders Boehner, Blunt and Cantor just spoke to reporters about the failure of the bailout bill. Blunt said that at least a dozen Republican members who had been for the bill turned their backs on it after Pelosi delivered a very partisan speech on the floor of the House. In her speech, Pelosi blamed the nation’s financial problems on “failed Bush economic policies” | Read More »
The Failure Of House Democrats
They can’t count within their own caucus. They have no sense of the mood of the House. They should have known that there was significant opposition to the bailout amongst House Republicans and they did nothing to make up for it in the slightest. This House leadership team cannot function. It doesn’t know how to function. It cannot run the House. The country cannot afford | Read More »
The Failed Bailout Bill
We have now seen that the American public and its elected Representatives in Congress are against socializing loss in the business community. Despite all of the artificial spin that this bill needed Republican votes to pass, it could have passed if a mere 10 Democrats changed their votes. Instead, nearly 100 decided to vote down the bailout. It says something about the weakness of Nancy | Read More »
View From The North – Palin’s Foreign Policy Experience
The media has mocked the “Alaska proximinty to Russia” so called gaffe. I have a question for military personnel and Redstste readers. When F-15’s are scambled from Elmendorf AFB to confront Russian bombers are those aircraft not Alaska Air National Guard and the Governor is the CINC of those forces. Would not Gov Palin then have sent forces to protect the US? Something Obama/Biden have | Read More »
House Democrats Torpedo Bailout Bill
Nancy Pelosi failed to convince 94 Democrat members of the House of Representatives to vote for the $700 Billion Dollar Bailout Bill she and Harry Reid crafted. That should be the headline on the mainstream meadia news shows today. Of course, it will not be what will be said. House Republicans, John McCain, and George Bush will be blamed. Count on it. After all, Nancy | Read More »
McCain Leads – Obama Changes
McCain Leads – Obama Changes Did Senator Obiden throw too many grenades during his campaign speeches? General Colin Powell, A great man and leader defined a leader in this way….”Great leaders are almost always great simplifiers, who can cut through argument, debate, and doubt to offer a solution everybody can understand.” Senator Obama doesn’t fit this mold because his ability to simplify doesn’t exist and | Read More »
Is it possible there are conservative’s left?
While the short term future of the economy may have taken a hit today with the house vote, i beileve that the NEA vote was a yeah vote for capitalism and against western european socialism type economies. I do not kid my self the next year is going to be a horrible economic’s situation but at least now when we recover we will still be | Read More »
The House votes on the Financial Markets Plan
I’m watching live on C-SPAN as the vote happens. I watched as the votes came in, expecting that the yeas and nays would come in lockstep with bare passage the result of careful whipping. But no, we finally got down to a single Republican NV, 209-228 the result against. But even as members shout for the House to come to order, the vote is held | Read More »
Senate Democrats Play Politics With The Economy
UPDATE: Looks like they are voting anyway and at last check, the House is all but set to vote the deal down. Hold on to your seatbelts, folks. So, the word just came down that the Senate will not vote on the bailout package until Wednesday night. House Republicans should refuse to vote on the deal until the ballots are cast in the Senate. And | Read More »
My wife is studying for her master’s in education at a prominent university whose name I won’t give in order so that my wife won’t fail her class (!). One of her required classes is about multiculturalism. The text for the class is “Human Diversity in Education”, by Kenneth Cushner, Averil McClelland and Philip Safford. The text promotes attention to “diversity” in education, because “the | Read More »
Nancy Pelosi and the Dam Dems….
I’m watching CSPAN and listening to Pelosi and her Dems. Does she not really know that this problem was caused by Democratic Bills that forced banks to give money to people who couldn’t afford to pay it back? The CRA, proposed and signed by Jimmy Carter, is the root cause of this problem. Bill Clinton made it worse. John McCain co-sponsored a bill that would | Read More »
Gov’t to Potentially Own $700 Billion in Homesteads
This bailout gets more scary by the minute. Not only does all manner of power go into the hands of the Secretary of the Treasury (who??), but the government sets the stage to own the home you live in!
Nancy Pelosi and the Dam Dems….
I’m watching CSPAN and listening to Pelosi and her Dems. Does she not really know that this problem was caused by Democratic Bills that forced banks to give money to people who couldn’t afford to pay it back? The CRA, proposed and signed by Jimmy Carter, is the root cause of this problem. Bill Clinton made it worse. John McCain co-sponsered a bill that would | Read More »
It’s time to make a real move
This is a fantastic website for people who basically have the same ideals, values and insights on who should be our next President. The intellegence and well-versed diaries that are written here are incredible, brilliant and just plain insightful. It is a great pleasure to read these blogs and I for one have learned alot here, but, we are already SOLD. It is time to | Read More »
Advice for Palin
Sarah if at all you get these message from redstate, we are in agreement that you being you is what has invigorated this campaign. Please take the following sugesstions to heart. * Humble yourself and you will be exhalted, admit your limits but show how you will overcome them. Such as tuteledge fom McCain on foreign policy.
Rush does youtube video today. I’m guessing its burnin down the house.
Just an FYI that Rush is staring a you tube video out of his first break. I’m willing to bet my morgan stanley shares it’s burning down the house. BTW, this same video was mentioned on the house floor speeches on Sunday. Now GW desrves a lot of blame for enabling the credit crisis, but he and Mccain did put forth efforts to stop this | Read More »
Live Feed For Critical McCain Campaign Speech
Soldier up and stop whining about the bailout. It’s over. Republicans, your general needs you now more than ever unless you want four more years of unfettered far Left socialist programs: http://www.nbc4i.com/midwest/cmh/news/breakingnewslivestream.html Republicans need direction. This speech should give us the themes that McCain wants to hammer and we should help him.
Live Feed For Critical McCain Campaign Speech
Soldier up and stop whining about the bailout. It’s over. Republicans, your general needs you now morethan ever unless you want four more years of socialist programs: http://www.nbc4i.com/midwest/cmh/news/breakingnewslivestream.html Republicans need direction. This speech should give us the themes that McCain wants to hammer and we should help him.
Freddie Mac Subpoenaed
Freddie Mac (FRE Quote – Cramer on FRE – Stock Picks) said Monday it has received a federal grand jury subpoena related to accounting, disclosure and corporate governance issues, and that the Securities and Exchange Commission is investigating the mortgage-finance company as well. The subpoena is for documents related to accounting, disclosure and corporate governance from Jan. 1, 2007, onward. Freddie says the SEC directed | Read More »
Ahmadinejad Feted at Obama Fundraiser’s Hotel
Its like those meetings without preconditions are starting early Inside, the Iranian president was given a warm welcome by John Brademas, a former congressman from Indiana who rose to become Democratic whip in the House from 1977-1981. Also welcoming him was Nihad Awad, executive director of the Council on American-Islamic Relations (CAIR), which was named as an “unindicted co-conspirator” in an alleged criminal conspiracy to | Read More »
The Socialists are Coming!
The left has once again exposed their hand. In a recent column by Maureen Dowd, she was addressing McCain’s return to Washington to deal with the financial crisis. She said “It was quite a memorable moment in history for the M.B.A. president and the nominee of the party of business. Who would have dreamed that *when socialism finally came to the U.S.A. *it would be | Read More »
How McCain can turn his campaign around
John McCain has been losing ground for the last two to three weeks, and it’s now or never for him to turn things around. The electoral map doesn’t lie. McCain needs to make major structural changes to the campaign, and I have some ideas. First, he should fire Steve Schmidt. The highly disciplined campaign template doesn’t work for John McCain. He tried it prior to | Read More »
SOMEBODY GET A TIME MACHINE! JOE BIDEN CORRECTS HISTORY BOOKS ABOUT “PRESIDENT” FDR GOING ON “TELEVISION” ABOUT THE GREAT DEPRESSION IN THE 1920s!
Check out my blog on the Biden gaffe of the week! It continues to astound me that people can actually question Palin’s qualifications and knowledge with a weirdo like Biden out there! Why do the media, SNL and many voters have issues with Sarah Palin’s qualitifications or knowledge when they have a bold example of how stupid humanity can be with Amtrak Joe Biden? Seriously, | Read More »
RE: Memo to Kathleen Parker
Totally agree Josh. She has really helped the media create a “conservatives don’t like her” narrative against Palin. It is not helpful.
Coalition, Iraqi Forces Continue Pressure on Insurgents
WASHINGTON, Sept. 28, 2008 – Coalition and Iraqi forces continue their relentless assault on al-Qaida in Iraq and “special groups” criminals with targeted raids that get these terrorists off the streets. Even as violence trends downward – Iraq has the fewest violent incidents since early 2004 – coalition and Iraqi forces are keeping the pressure on insurgent groups. Operations this weekend targeted terrorists in the | Read More »
Mary Jo Kilroy: Socialist Propagandist Caught On Film
Things have turned negative in OH-15, the battle of Steve Stivers, an Iraq war veteran, against socialist Mary Jo Kilroy, running as a Democrat. Kilroy attacked Stivers for once working as a lobbyist for Bank One. Stivers responded that Kilroy ran a socialist newspaper. The Kilroy campaign shot back, claiming that Kilroy won an award for “excellent journalism” and that Stivers is lying about Kilroy’s | Read More »
Memo to Kathleen Parker
A lot of us like Mitt, too. But John McCain did not ask him to be his running mate. Please get over it. It’s just a month before the election, for Tom’s* sake! Meanwhile, your anti-Palin rants have been cut and pasted on virtual garbage dumps Democratic Underground, etc. Aren’t you just soooo proud? Regards, JP *(Please Google “Tom Eagleton”)
The financial bailout finally has taken form and is expected to be voted on Monday, September 29. After its initial draft was thankfully rejected by House Republicans, this fiscal blow-up doll is on its way to becoming law. It is hard to say what its final effect will be; nobody really knows. Both Obama and McCain have given their tentative blessing, and the package is | Read More »
A different take on that staggering drop in DPS enrollment
Cross-posted on Right Michigan at www.RightMichigan.com. (Former Detroit Public School students fleeing the district.) Nearly seventeen-thousand kids left the Detroit Public Schools before the new semester started this month. Seventeen-thousand. That unbelievable number easily represents the largest single year dips in enrollment in the history of the school system and could probably go toe-to-toe with any other record of futility in any other public school | Read More »
MI Morning UPdate
36 Days until Election Day September 29, 2008 QUOTE OF THE DAY: “Who does he think I was talking about when I said ‘people on Main Street?’” -John McCain, responding to Obama’s attack for not using the phrase “middle class” in the debate. MORNING UPDATE: OBAMA IN DETROIT…same old rhetoric…but wasn’t it funny that the Obama campaign needed to bring Hillary Clinton into Michigan | Read More »
Great News; Sarah Palin is FREE
According to Bill Kristol, John McCain is upset at Palin’s handlers. It appears they are pursuing a new course and are preparing to unleash her as a combative conservative for the debate. I assume this is the role she will assume for the stretch run. In light of the bailout, unapologetic Palin populism should resonate well. The public will be excited to hear from a | Read More »
The Obama smoking gun
**When Obama was running against Hillary for the nomination, he was REAL upset when she would not release her income tax information. The Obama campaign was licking their chops, hoping for something in those records they could use to tear Hillary apart. For a guy who made such a big stink about Hillary having something to hide, he isn’t real forthcoming on his own medical | Read More »
Why does Obama need so much money for his campaign?
I think this is no secret: Obama has waged one of the most expensive campaign in history even when so many people are losing jobs. Just look at http://www.maplight.org/widgets orhttp://industry.bnet.com/technology/1000416/tech-places-presidential-bets/ So does amount of such campaign money defines the election of American President?
A Tale of Two Bailouts: One From Paulson, and One From Congress
Well, the sausage factory worked overtime this weekend. What a bizarre result we got. Secretary Paulson came to Capitol Hill about ten days ago with a very simple, three-page plan to do something I could describe in three paragraphs. Congressional Democrats gave us over one hundred pages of additional weirdness that is either ineffectual, noxious, off the point, or will work against the goals of | Read More »
Tags: Barney Frank
, Ben Bernanke
, charles schumer
, Financial Crisis
, henry paulson
, Paulson Plan
, Troubled Asset Relief Program
, Wall Street
The conundrum we face regarding support or opposition to the rescue bill
This diary was inspired by gamecock’s recent post Republicans purge Paulson-Pelosi bailout of most onerous Obamanations. What started as a comment mushroomed until it became clear that a diary was needed. I would agree that the House Republicans with McCain’s bakcing got the best bill they could, given the other forces involved. Nonetheless, it’s not clear to us that on its merits that this is | Read More »
Meet Kenneth Rogoff
He is one of John McCain’s economic advisers. And he is probably the smartest economic adviser on either side of the partisan divide. To wit.
Some Random Thoughts On Comparisons Between Barack Obama And Jimmy Carter
Many of Barack Obama’s political opponents presume that Obama will be another Jimmy Carter but so many of those opponents miss some of the most salient portions of that comparison. Barack Obama is ridiculously self-confident in situations that would elicit humility from others. Obama’s major professional achievement after graduation from law school was the writing of his autobiography while working as a junior associate in | Read More »
David Broder On The Debate
He scores it as a win for McCain: There were no knockout blows in the first presidential debate of the fall, but John McCain outpointed Barack Obama often enough to encourage his followers that he can somehow overcome the odds and deny the Democrats the victory that has seemed to be in store for them. It was a small thing, but I counted six times | Read More »
The Politics Of The Bailout
There is an awful lot of dishonesty and dirty campaigning going on in the dealings of the political class concerning negotiations about the bailout. See here. And here as well. The people responsible for this dishonesty and dirty campaigning are now on the cusp of gaining tremendous amounts of control over the financial sector of the United States. If that makes you sleep well at | Read More »
The Not-So-Great Bailout Of 2008
Final agreement concerning bailout legislation for the financial sector has been reached. The details are spelled out here: Top U.S. policymakers emerged from hours of tense negotiations just after midnight with a tentative agreement on a deal to bail out U.S. financial markets and began working Sunday morning to commit the legislation to paper. Treasury Secretary Henry Paulson, House Speaker Nancy Pelosi, (D., Calif.) and | Read More »
Connecting Obama’s dots
James Simpson over at The American Thinker has an article detailing Obama’s links to the radical left and the sub-prime mortgage crisis. I don’t know much about the author or the source, but I found his research pretty interesting. Here is what it boils down to. Obama and his radical friends were schooled in “manufacturing crisis.” ACORN started out as an effort to do this | Read More »
So in the debate, when John McCain pointed to a bracelet that he wears to commemorate the life of a fallen soldier in Iraq–and to symbolize his commitment to the mother of that soldier that he would make sure that troops returning from Iraq did so with honor and victorious–Barack Obama countered that he wore a bracelet too and that his bracelet-wearing was meant to | Read More »
Why I Oppose the Bailout.
First thing Monday morning, I’m calling Congressman Lee Terry (R-Nebraska, 2nd district) and telling his office he shouldn’t support this bill. And, as much as I hate playing the hostage game, his support to this bill may cause me to leave that part of the ballot blank in 40 days. Folks, this thing stinks to high heaven. One minute, we’re being told by the likes | Read More »