US 2008 Presidential Campaign Discussion Thread - Part 9 - Page 24 - U2 Feedback

Go Back   U2 Feedback > Lypton Village > Free Your Mind > Free Your Mind Archive
Click Here to Login
 
 
Thread Tools Search this Thread Display Modes
 
Old 09-25-2008, 02:56 PM   #461
ONE
love, blood, life
 
U2isthebest's Avatar
 
Join Date: Aug 2006
Location: Vision over visibility....
Posts: 12,332
Local Time: 11:45 AM
Quote:
Originally Posted by Irvine511 View Post
come on. don't you think that if there had been TV and Katie Couric around in 1860, Abraham Lincoln might have come across as a little bit underinformed as well?

i think her ignorance is a breath of fresh air.
Nope. He was a man.

Larry King was around in 1860. I wonder what he thought of Lincoln.
__________________

U2isthebest is offline  
Old 09-25-2008, 02:56 PM   #462
Blue Crack Distributor
 
VintagePunk's Avatar
 
Join Date: Jan 2005
Location: In a dry and waterless place
Posts: 55,738
Local Time: 10:45 AM
Quote:
Originally Posted by Diemen View Post


So this economic bailout is really all about health care reform. Fascinating.

It's like she's been studying memory cards with important terms on one set and the corresponding issues on the other, but got them mixed up and doesn't know which one goes with which.

That's EXACTLY it! I had to read it over about five times to make sure I had it right.
__________________

VintagePunk is offline  
Old 09-25-2008, 02:58 PM   #463
Blue Crack Addict
 
anitram's Avatar
 
Join Date: Mar 2001
Location: NY
Posts: 18,918
Local Time: 11:45 AM
Quote:
Originally Posted by Irvine511 View Post
i think her ignorance is a breath of fresh air.
Ya, she's just like us!!!
anitram is offline  
Old 09-25-2008, 03:00 PM   #464
ONE
love, blood, life
 
U2isthebest's Avatar
 
Join Date: Aug 2006
Location: Vision over visibility....
Posts: 12,332
Local Time: 11:45 AM
Quote:
Originally Posted by anitram View Post
Ya, she's just like us!!!
I'm so glad that our potential VP seems to know less about the economy, the war in Iraq, health care, the energy crisis, and the rest of the world, than I do. It makes me feel smart.
U2isthebest is offline  
Old 09-25-2008, 03:10 PM   #465
Forum Moderator
 
yolland's Avatar
 
Join Date: Aug 2004
Posts: 7,471
Local Time: 04:45 PM
.
Quote:
Lawmakers Agree on Outline of Bailout

By DAVID M. HERSZENHORN
New York Times, September 25


WASHINGTON — House and Senate negotiators from both parties said Thursday that they had reached general agreement to move forward with the Bush administration’s proposed $700 billion rescue effort of the nation’s financial system. Emerging from a nearly three-hour meeting in the Capitol, Republicans and Democrats said they would continue working through the day to complete the legislative language and would begin final negotiations with the Treasury.

It was unclear if a final draft would be ready by 3:55 p.m. when Congressional leaders are scheduled to meet at the White House with President Bush and the two presidential candidates, Senator John McCain, Republican of Arizona, and Senator Barack Obama, Democrat of Illinois.

But lawmakers in both parties said that few substantive differences and no major obstacles remained. They said the bill would authorize the full $700 billion requested by President Bush, but that Congress was intent on disbursing the money in installments...They also said that there would be limits on pay packages for executives whose firms seek assistance from the government and a mechanism for the government to be given an equity stake in some firms so that taxpayers have a chance to profit if the companies prosper in the months and years ahead.

“I now expect we will indeed have a plan that can pass the House, pass the Senate, be signed by the president, and bring a sense of certainty to this crisis that is still roiling in the markets,” said Robert Bennett, Republican of Utah. “That is our primary responsibility, and I think we our now prepared to meet it.”

On Wall Street, shares, which had opened higher, rose sharply on expectations of a rescue plan. The Dow Jones industrial average was up more than 235 points late in the trading day.

The meeting on Thursday morning, in an ornate conference room on the first floor of the Capitol, was convened by Senator Christopher J. Dodd, Democrat of Connecticut and chairman of the banking committee, and Representative Barney Frank, Democrat of Massachusetts and chairman of the House Financial Services Committee. “We are giving the secretary authority that he will need in order to act and the funding that he will need,” Mr. Dodd said after the meeting, referring to the Treasury secretary, Henry M. Paulson Jr. “We also have dealt, I think effectively, with the issue of effective oversight, with homeownership preservation as well as with executive compensation. We now need to meet with the Treasury Department,” Mr. Dodd said, “and go over these principles which we have agreed on amongst ourselves and obviously go back to our respective caucuses and talk to them as well.”

The news from Congressional leaders that they were in the final stages of reaching a deal stole some of the drama from the meeting scheduled at the White House in the afternoon.

In a brief speech on the Senate floor, the majority leader, Harry Reid of Nevada, said he expected to be in session on Saturday to cast its first procedural votes on the bailout plan, in which the government plans to buy distressed debt from financial firms and stave off what President Bush warned could be a widespread economic collapse.

But even as Congressional leaders, including Representative Spencer Bachus of Alabama, the senior Republican on the Financial Services Committee, said they had settled on the framework of an agreement, other House Republicans said there was ongoing opposition to the rescue package. Conservative Republicans, in particular, have said that such a huge government intervention violated their free-market principles. A group of Republicans, led by Representative Eric Cantor, a Republican leader in the House, were circulating an alternative plan that would rely on mortgage insurance, provided by the government, rather than taxpayer purchase of frozen mortgage assets. A senior Republican lawmaker, speaking on condition of anonymity so as not to undermine the party leadership, said there was a “violent reaction” among House Republicans to the Paulson plan. He said backers of the alternative, one of several that have been proposed, believe that they can force negotiators to accept it as part of a larger deal.

House Speaker Nancy Pelosi of California had made clear that she did not want to approve the bailout plan without rank-and-file Republican support.
__________________
yolland [at] interference.com


μελετώ αποτυγχάνειν. -- Διογένης της Σινώπης
yolland is offline  
Old 09-25-2008, 03:13 PM   #466
ONE
love, blood, life
 
U2isthebest's Avatar
 
Join Date: Aug 2006
Location: Vision over visibility....
Posts: 12,332
Local Time: 11:45 AM
^Is there any info. out yet on that clause that would give Paulson free reign to do whatever he wants without being reviewed by law enforcement or government? If so, I'm still very uncomfortable with this plan.
U2isthebest is offline  
Old 09-25-2008, 03:25 PM   #467
Forum Moderator
 
yolland's Avatar
 
Join Date: Aug 2004
Posts: 7,471
Local Time: 04:45 PM
Sounds like it.
Quote:
Reuters, Sep. 25

Schumer said a key feature of the lawmakers' agreement was the establishment of tougher oversight of the Treasury Department than had been proposed by the Bush administration. "The Treasury secretary no longer has unlimited power," he said. "There's two independent boards, one to gather all information that has congressional representatives on it, the other with power to undo what the Treasury Secretary has done."
(Neither McCain nor Obama were present at the negotiations that produced the agreement in principle.)
__________________
yolland [at] interference.com


μελετώ αποτυγχάνειν. -- Διογένης της Σινώπης
yolland is offline  
Old 09-25-2008, 03:29 PM   #468
ONE
love, blood, life
 
U2isthebest's Avatar
 
Join Date: Aug 2006
Location: Vision over visibility....
Posts: 12,332
Local Time: 11:45 AM
Quote:
Originally Posted by yolland View Post
Sounds like it.
That's good to hear. I'm glad to hear they didn't back down like they did with the Patriot Act and the Iraq invasion. The last thing we need is a blind dash to another disaster.
U2isthebest is offline  
Old 09-25-2008, 03:32 PM   #469
Blue Crack Supplier
 
Irvine511's Avatar
 
Join Date: Dec 2003
Location: Washington, DC
Posts: 33,390
Local Time: 11:45 AM
thank goodness. it's clear that McCain’s substantive input was so vitally necessary that he had to cancel his campaign.

i guess he needed time to read Paulson's plan, which he hadn't done as of two days ago.

Irvine511 is online now  
Old 09-25-2008, 03:35 PM   #470
Blue Crack Addict
 
anitram's Avatar
 
Join Date: Mar 2001
Location: NY
Posts: 18,918
Local Time: 11:45 AM
Quote:
Originally Posted by Irvine511 View Post
thank goodness. it's clear that McCain’s substantive input was so vitally necessary that he had to cancel his campaign.

i guess he needed time to read Paulson's plan, which he hadn't done as of two days ago.
Well, 3 pages is a LOT of reading.
anitram is offline  
Old 09-25-2008, 03:36 PM   #471
Blue Crack Supplier
 
Join Date: May 2006
Posts: 30,343
Local Time: 10:45 AM
I blame Letterman. He was doing his little television show when he should have been taking McCain to the airport.
phillyfan26 is offline  
Old 09-25-2008, 03:45 PM   #472
Blue Crack Distributor
 
Lila64's Avatar
 
Join Date: Mar 2005
Location: ♥Set List Lane♥
Posts: 52,894
Local Time: 08:45 AM
But McCain took a wrong turn and ended up at Couric's desk!
Lila64 is offline  
Old 09-25-2008, 03:52 PM   #473
ONE
love, blood, life
 
U2isthebest's Avatar
 
Join Date: Aug 2006
Location: Vision over visibility....
Posts: 12,332
Local Time: 11:45 AM
Quote:
Originally Posted by anitram View Post
Well, 3 pages is a LOT of reading.
In Bush terms it's equivalent to 'War and Peace'.
U2isthebest is offline  
Old 09-25-2008, 04:06 PM   #474
Blue Crack Supplier
 
Zoots's Avatar
 
Join Date: Aug 2002
Location: the great beyond
Posts: 36,802
Local Time: 05:45 PM
I don't know if any of you have seen this. But here Jack Cafferty is asking if the financial crisis has changed anybody's mind on who they're voting for:

Cafferty File: Tell Jack how you really feel Blog Archive - Has the financial crisis changed your mind on who to vote for? - Blogs from CNN.com

Look at the comments section. I cannot see one person saying they're supporting McCain/Palin. Granted, the subject is economy and Dems have a stronger hold there? And CNN is mostly frequented by liberals I guess (that's what I infer from results to quick polls and such) but still.... not one person speaking up for Republicans! I'm dumbfounded as to how countrywide polls so far are still close. Is it that Republican supporters just don't speak up much? Reading thru that comments section, it looks like it will be a landslide victory for Obama but opinion polls paint a totally different picture.
Zoots is offline  
Old 09-25-2008, 04:09 PM   #475
Rock n' Roll Doggie
ALL ACCESS
 
Vincent Vega's Avatar
 
Join Date: Jul 2005
Location: Berlin
Posts: 6,724
Local Time: 05:45 PM
Do the same on fox.com, and you have a whole different picture.
Vincent Vega is offline  
Old 09-25-2008, 04:45 PM   #476
Blue Crack Addict
 
U2Fanatic4ever's Avatar
 
Join Date: May 2001
Location: nowhere..........man
Posts: 20,254
Local Time: 11:45 AM
Quote:
Originally Posted by U2isthebest View Post
If Katie Couric is a serious journalist, than I'm the Queen of England. Come on, if Palin couldn't handle the Nerf-coated questions that Couric threw at her, imagine what she would've been like under Williams or Brokaw. If Tim Russert was around, she wouldn't stand a chance.


here, here to that... candy coated questions and she gaffed.. Tim would of chewed her up and spit her out if were still here.. I really miss that guy! I can't wait for this supposed debate cuz she is not gonna do well and I am going to enjoy every minute of it.
U2Fanatic4ever is offline  
Old 09-25-2008, 04:47 PM   #477
Blue Crack Supplier
 
Irvine511's Avatar
 
Join Date: Dec 2003
Location: Washington, DC
Posts: 33,390
Local Time: 11:45 AM


Quote:
McCain Stops at Senate en Route to White House

Updated 4:19 p.m.
By Michael D. Shear and Lori Montgomery

Sen. John McCain returned to Washington on Thursday after declaring that he has suspended his campaign, but he appeared largely detached from the flurry of negotiations on a $700 billion economic rescue package that appeared to be headed to a successful conclusion.

McCain's "Straight Talk Air" landed at National Airport just after noon, and McCain's motorcade sped toward the Senate. But by then, senior Democrats and Republicans were already announcing that a deal in principle had been reached.

That news appeared to be somewhat premature as House Republican leader John Boehner told his members that "no deal" had yet been reached. McCain arrived at 3:40 p.m. at the White House, where he and his rival, Sen. Barack Obama, were scheduled to meet with President Bush and congressional leaders at 4 p.m.

The leading Democratic negotiator on the Bush administration's $700 bailout plan accused John McCain of undermining the proposal and prodding House Republicans to lay out a wholly different approach that is opposed by the White House.

"This is the presidential campaign of John McCain undermining what Hank Paulson tells us is essential for the country," said Democratic Rep. Barney Frank, (D-Mass.), chairman of the House Financial Services Committee. "This is McCain at the last minute getting House Republicans to undermine the Paulson approach."

Republican leadership aides reacted incredulously to Frank's broadside, saying there was no way McCain's chief economic adviser, Douglas Holtz-Eakin, could undermine a deal with House Republicans that has never had rank-and-file support.

Holtz-Eakin met this morning with Boehner, House Minority Whip Roy Blunt (R-Mo.) and House Republican Conference Chairman Adam Putnam (R-Fla.), but the GOP leaders did virtually all of the talking, and what they told him was how little support the $700 billion package had with their rank-and-file. When McCain emerged from the back door of Boehner's office in the Capitol, both Holtz-Eakin and Sen. Lindsey O. Graham (R-S.C.), a key McCain ally, said they knew very little about the deal.

GOP aides familiar with the alternative proposal said that it had been in a draft stage for several days, with one adviser saying the lawmakers wanted to unveil it yesterday, but that McCain's entree into the deliberations actually made them wait a day.

The White House meeting was in part the result of McCain's stunning pronouncement Wednesday that he would stop campaigning to return to Washington, where he had urged Bush to convene a summit to address the crisis.

But for most of the afternoon, McCain has not visibly been part of the action on the issue. He was not present when House and Senate negotiators emerged from a two-hour meeting to declare success. That announcement was made by Sen. Christopher J. Dodd (D-Conn.), chairman of the Senate Banking Committee, Sen. Robert F. Bennett (Utah) and Frank.

McCain, by contrast, spent some time in his office with several Republican colleagues, briefly stopped at Boehner's office, then left for lunch at the Capitol's Mansfield Room before returning to his office in the Russell Senate Office Building.

Republican Rep. Spencer Bachus (Ala.) said he had spoken to McCain yesterday, had breakfast with two McCain advisers this morning and spoke to McCain again immediately after today's meeting. But, Bachus said, "John's not trying to call the shots for the House caucus, I can tell you that. He's just opposed to the plan in its present form."

Frank reacted angrily to Bachus's statements, insisting that lawmakers were well on their way toward an agreement they could put to a vote, and that this afternoon's meeting at the White House was largely irrelevent.

"We'll be glad to go and tell them there really isn't that much of a deadlock to break," Frank said. "But I'm always glad to go to the White House."
Irvine511 is online now  
Old 09-25-2008, 04:49 PM   #478
Blue Crack Addict
 
anitram's Avatar
 
Join Date: Mar 2001
Location: NY
Posts: 18,918
Local Time: 11:45 AM


Bill O'Reilly goes apeshit on talk radio, calling the hosts idiots, blasts right-wing "liars," and then unloads on Chris Dodd & Barney Frank.

He hurt Rush's feelings.
anitram is offline  
Old 09-25-2008, 04:51 PM   #479
Rock n' Roll Doggie
ALL ACCESS
 
Vincent Vega's Avatar
 
Join Date: Jul 2005
Location: Berlin
Posts: 6,724
Local Time: 05:45 PM
Quote:
McCain's "Straight Talk Air"
Just think of all the hot air the engines emit!
Vincent Vega is offline  
Old 09-25-2008, 05:07 PM   #480
Resident Photo Buff
Forum Moderator
 
Diemen's Avatar
 
Join Date: Sep 2000
Location: Somewhere in middle America
Posts: 13,663
Local Time: 10:45 AM
Quote:
Originally Posted by anitram View Post


Bill O'Reilly goes apeshit on talk radio, calling the hosts idiots, blasts right-wing "liars," and then unloads on Chris Dodd & Barney Frank.

He hurt Rush's feelings.
I really hope there's an internet video feed of that studio.
__________________

Diemen is offline  
 

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off



All times are GMT -5. The time now is 10:45 AM.


Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2021, vBulletin Solutions, Inc.
Design, images and all things inclusive copyright © Interference.com
×