Barnes: Just change ‘bailout’ to ‘rescue’ and people will support it.
Barnes: Just change ‘bailout’ to ‘rescue’ and people will support it.
Yesterday on Fox News, Weekly Standard editor Fred Barnes blamed Democrats in Congress for causing the Dow Jones industrials to close Monday down 372 points. “I think it was Congress stepping in and saying, ‘We’re going to settle the terms of how the Treasury Department acquires these illiquid assets,’” Barnes said. Then, citing opposition to the Bush administration’s proposed plan to bail out Wall Street, Barnes offered Treasury Secretary Henry Paulson some advice: Just don’t call it a “bailout,” call it a “rescue”:
BARNES: We would be in a better situation, or at least the Treasury Secretary Hank Paulson would if this were known as a “rescue” rather than a “bailout.” “Bailout” sounds terrible. Who is for a bailout? A lot of people are for a rescue.
Watch it:
Later in the show, Barnes said that “if we had a national referendum on whether people want Congress to set the terms or Hank Paulson, I think Paulson would win.”
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My, my, the lifeboats are full of people in tuxedos and evening gowns. A band plays on the floating barge nearby. Caviar trays make their way from lifesaving device to device.
September 23rd, 2008 at 12:37 pm.
I don’t see a lot of people “RESCUING” my home mortgage…
I don’t see a lot of people “RESCUING” my student loans…
I don’t see a lot of people “RESCUING” my doctor’s bills…
I don’t see a lot of people “RESCUING” my automobile loans…
.
September 23rd, 2008 at 12:38 pmHey Paulson, I have a garage full of stuff I don’t want anymore and nobody else does either: wood scraps, old camping gear, a ton of baby and toddler stuff (including a Hot Wheels!) — a lot of junk. The thought of all of that just really drags me down, psychologically you know. So how about you take all that junk off my hands so I can feel better and maybe use the space for the stuff that’s cluttering up my house. Just pay me, oh, $5 million in taxpayers’ money and come haul it away. That’d be great. Thanks!
September 23rd, 2008 at 12:38 pmIf I put lipstick on a PIG it`s still a PIG you greedy morons on the right are disgusting and unamerican they don`t get it,do they.
September 23rd, 2008 at 12:38 pmRescue.
Thats like saying Las Vegas casinos need rescue. People arent going to flock to Vegas to rescue them.
September 23rd, 2008 at 12:39 pmOnce again, the Weakly (Sub)Standard is showing it’s total lack of integrity and knowledge of anything going on in DC.
Barnes and Kristol are two of the biggest arseholes in publishing and seem to be proud of it.
September 23rd, 2008 at 12:39 pmYes, that’s the ticket! Simply swap one 2-syllable word for another, and all Americans will jump on board!
What an idiot.
PEACE
September 23rd, 2008 at 12:40 pmI love this term “illiquid assets.” Sounds so much better than “worthless junk.”
September 23rd, 2008 at 12:40 pmPut lipstick on that pig!
September 23rd, 2008 at 12:41 pmYeah. Like semantic dithering is going to fix this mess.
Speaking of semantic dithering, what have they been feeding Joe Biden lately? First he contradicts Obama on bailing out AIG
http://blogs.abcnews.com/politicalpunch/2008/09/obama-on-bidens.html
then he says “we aren’t doing clean coal, let them build them in China” (wonkroom thread) when clean coal is part of Obama’s plan. I guess it is simliar to Palin wanting to drill in ANWAR, but this is the peril of having the weight of your experience on the bottom of your ticket. McCain can blow off disagreements with Palin far easier than O. can with Biden.
September 23rd, 2008 at 12:41 pmWhy not tell the investors to rescue Wall Street?
Would they support it then? Apparently not!
September 23rd, 2008 at 12:41 pmChange Depends On McCain
/kranS
September 23rd, 2008 at 12:41 pmFrom David Kurtz at TPM:
“Republican vice presidential candidate Sarah Palin, who has not held a press conference in nearly four weeks of campaigning, on Tuesday banned reporters from her first meetings with world leaders, allowing access only to photographers and a television crew.
CNN, which was providing the television coverage for news organizations, decided to pull its TV crew, effectively denying Palin the high visibility she had sought. …
The campaign told the TV producer, print and wire reporters in the press pool that follows the Alaska governor that they would not be admitted with the photographers and camera crew taken in to photograph the meetings. At least two news organizations, including The Associated Press, objected and were told that the decision was not subject to discussion.”
So Princess Wasilla, International Woman of Mystery, is getting the media blackout McStain’s campaign is giving the media.
Me laughs so hard!!!
PEACE
September 23rd, 2008 at 12:42 pmBarnes: Look at the turd floating down the river!
Constituent: Ewwwww.
Barnes: RESCUE IT!
Constituent: [Pushes Barnes into river] Its your friends turd.
September 23rd, 2008 at 12:44 pmFred Barnes is another Faux News drinker of the Murdoch Kool-Aid. The law, however finally constituted, will screw the tax payer and reward the Wall Street mavens whose pervasive greed and morally corrupt mentalities cause us such pain.
September 23rd, 2008 at 12:44 pmXisithrus Says:
Don’t you mean, McCain needs his depends Changed?
September 23rd, 2008 at 12:46 pmI’m having trouble watching the Congressional hearing because everytime Paulson comes on the screen I have to change the channel.
This scumbag is so sure that he is the only one who has the answers and he knows better than anybody.
THE LAST THING WE SHOULD DO IS TRUST THE GUY WHO LET THIS HAPPEN IN THE FIRST PLACE/strong>, especially when he’s asking for $700 Billion with absolute power to do with it as he sees fit with no legal oversight or questioning of his decisions.
Now we’re being stampeded into passing this law, just like we were stampeded into the Patriot Act and the Iraq War.
This thing stinks to high heaven.
Hasn’t America learned ANYTHING in the last 8 years?
The Bush/Cheney Administration cannot be trusted, remember the Iraq War was going to pay for itself.
Wall Street cannot be trusted.
Paulson is the worst of both worlds. a smug little prick of a bulls*** artist.
September 23rd, 2008 at 12:46 pmElitist pr icks like Barnes think we’re all stoopid.
September 23rd, 2008 at 12:47 pmWho is for a bailout? A lot of people are for a rescue.
Oh, Freddie! Wonderful idea!
Iraq War? Oh, no. Iraq Rescue. I feel better already.
Packing the Supreme Court with right-wingers? Oh, no. Constitution Rescue. I am getting downright giddy.
Anti-choice legislation? Oh, no. Fetal Rescue. I am floating!
Warrentless wire-tapping? Oh, no. Personal Conversation Rescue. I feel wonderful.
Yup, Freddie. Heckuva job!
September 23rd, 2008 at 12:47 pmDon’t you mean, McCain needs his depends Changed? -Max-1
Play on words, read it again. =P
September 23rd, 2008 at 12:48 pmShorter Fred Barnes: How dare you question the authoratay of the Unitary Executive.
September 23rd, 2008 at 12:49 pmKeltoi Says:
——————————————————————————–
Yeah. Like semantic dithering is going to fix this mess.
Speaking of semantic dithering, what have they been feeding Joe Biden lately? First he contradicts Obama on bailing out AIG
http://blogs.abcnews.com/ politicalpunch/ 2008/ 09/ obama-on-bidens.html
then he says “we aren’t doing clean coal, let them build them in China” (wonkroom thread) when clean coal is part of Obama’s plan. I guess it is simliar to Palin wanting to drill in ANWAR, but this is the peril of having the weight of your experience on the bottom of your ticket. McCain can blow off disagreements with Palin far easier than O. can with Biden.
September 23rd, 2008 at 12:41 pm
I see the jackass has returned…..
Hey dipshit
McDepends’ “popularity” is a direct result of Caribou Barbie’s presence ; Johnny Boy can’t “blow off” anything when in regards to Palin.
Obama’s popularity is all his own ; not Biden’s…………
September 23rd, 2008 at 12:52 pmjosef goebbels, roll’s in his grave .
September 23rd, 2008 at 12:53 pmBarnes: We need to rescue that investment banker, hes drowning!!
Constituent: [Throws bundles of money into water]
Barnes: Damnn, its not working!
Constituent: Nope.
Barnes: Throw more money!!!
September 23rd, 2008 at 12:54 pmI doubt that Fred Barnes’ IQ is over 100. He survives as a loyal hack serving the Right.
September 23rd, 2008 at 12:55 pmSenator Dole tried to get Bush’s F-Troop to state the role of credit derivatives in last week’s financial debacle. They all dodged, except the SEC Chair who noted credit default swaps are a huge, unregulated market that impacts credit availability.
I appreciate Senator Dole’s asking the question in the Senate Banking Committee hearing.
September 23rd, 2008 at 12:55 pmFOX Leninists parroting socialist bailout talking points….
I wonder if they are going to do feign the war on X-mas AGAIN this year.
September 23rd, 2008 at 12:56 pmIn the old days it was called a bank robbery.
September 23rd, 2008 at 12:58 pmNow it’s a bailout or a rescue.
I have fallen behind the times.
Ulrich Wilhelm, spokesman for Angela Merkel, the German chancellor, said there was no need for “a measure along the lines of what has been decided in the US”. Peer Steinbrück, the German finance minister, also made clear after a telephone conference with his contemporaries in the G7 group of leading nations that Berlin did not need to set up a rescue package.
…The French government also said it did not plan to set up a toxic asset fund or contribute to the US scheme. British officials said they had already instigated a special liquidity scheme, but like France and Germany they did not intend to pursue a toxic asset fund.
The European Commission made clear it was not planning any emergency measures.
September 23rd, 2008 at 12:58 pmI wept as I begged for food. Then a banker walked by and cried convulsively about not getting a bailout and he would have to sell the private jet.
Then I cried because I didnt have a tire iron.
September 23rd, 2008 at 1:00 pmHow about we kill all the crooks, but dont call it killing or murder, just call it “letting them go”….
eh?
is that more palatable?
September 23rd, 2008 at 1:00 pmKind of like The Simpsons and the “Temporary Refund Adjustment” instead of “tax hike”.
I love that the people on these shows are so upfront about how little they respect the intelligence of even their own viewers.
September 23rd, 2008 at 1:00 pmTHE FINANCIAL TIMES PREDICTED THIS DISASTER EARLY THIS YEAR . THE QUESTION IS: WHY WAS THE MEDIA AND OUR GOVERNMENT SO QUIET UNTIL NOW ? NEXT QUESTION : DID IT TAKE UNTIL NOW FOR CERTAIN IMPORTANT PEOPLE TO QUIETLY GET THEIR MONEY OUT OF THE HEDGE FUNDS AND DERIVATIVES ? THE TRUTH IS THE SMALL LOCAL BANKS SOLD THE MORTGAGES SO THEY ARE NOT LOSERS . THE LARGE INVESTMENT CORPORATIONS PLAYED “PONZI SCHEME” GAMES WITH THE MORTGAGES ALL OVER THE WORLD AND THIS GAME DIDN’T WORK AGES AGO AND STILL DOESN’T WORK . IN THE CIVILIZED PARTS OF THE WORLD IT IS ILLEGAL BUT IN OUR WORLD WE HAVE LAW MAKERS THAT ARE LAW BREAKERS .
September 23rd, 2008 at 1:01 pmCongress, under the Constitution, is responsible for allocation of federal funds and oversight of same. Paulson, unelected Sec. of Treasury, has no such Constitutional charge. And yes, indeed, this whole “emergency” thing is very familiar…Patriot Act and Iraq War Resolution come to mind immediately. Paulson, who along with Bernanke, have spoon-fed bailout funds out piecemeal with the assurance that doing so would “fix the crisis,” have been WRONG each time. What makes anyone think that they are right NOW? In addition, wasn’t it also Paulson that a week or so ago stated that the fundamentals of the economy were strong (along with McCain)? WRONG AGAIN!!
This is both a power grab and a money grab, and will severely cripple the incoming administration from being able to achieve anything. McCain doesn’t want to do much “change” anyway, despite his new populist rhetoric. But Obama’s administration wouldn’t be able to deliver on much, if anything. Frankly, it looks like a setup to me.
September 23rd, 2008 at 1:01 pmCalling Frank Luntz, euphimism ALERT, HELP! The GOP needs a new euphimism for something horrible that they have created!
September 23rd, 2008 at 1:01 pmKeltoi Says:
Keltoi, that’s the very definition of “off topic.” Take it to the Think Fast thread.
September 23rd, 2008 at 1:03 pmWould Jesus bail out the money changers or chase them from the market?
September 23rd, 2008 at 1:03 pmBARNES: We would be in a better situation, or at least the Treasury Secretary Hank Paulson would if this were known as a “rescue” rather than a “bailout.” “Bailout” sounds terrible. Who is for a bailout? A lot of people are for a rescue.
Fred Barnes , a casualty who didn’t make the final cut of the Flintstones cartoon , believes that using heroic words/terms will soften the blow of pissing away a trillion bucks ?
Hey Fred
Try telling Pat Tillman’s family he was ‘heroic’ , and see if your jaw is still in one piece afterwards…….
September 23rd, 2008 at 1:05 pmWe need to at least try and make an effort to make a difference.
We don’t want this bailout!
Watch this short video and sign the petition!
http://www.sanders.senate.gov/news/record.cfm?id=303340
September 23rd, 2008 at 1:07 pmPaulson, the guy who thinks we should hand him $700 BILLION:
“The worst of the credit crisis may have passed, Treasury Secretary Henry Paulson said Wednesday”
That was on May 7, 2008.
link
September 23rd, 2008 at 1:08 pmThe reaction from the German, French and EU leaders points to Wall Street and American companies as the perpetrators of these super deadbeat instruments.
If they didn’t play the “innovative financing” game, there’s little to no clean-up. Yes, they may hold the investments in their coffers, but Uncle Sam is promising to “rescue” them.
September 23rd, 2008 at 1:08 pmHmmm. That old saw about ‘polishing a turd’ comes to mind – only in this case, instead of a turd “bailout” — it’s a turd “rescue”…
And it *still* stinks.
September 23rd, 2008 at 1:09 pmSo going by Fred Barnes, Social Security should be OK until it needs a rescue. We might as well begin with raising the monthly benefit to retired folks. You know, like executive pay. Then the coporations can bail Social Security out. Oops, excuse me, I mean RESCUE.
It is not what you call it, Fred. It is expecting Americans to pay for the RESCUE. There wealthy of this nation sure don’t care to help Americans out to much now do they?
If Fred or Wall St doesn’t like any terms for recieving the bailout. They don’t have to take it. Maybe the Walton family should step in and bail out their wealthy buddies?
Fred proves God has absolutely nothing to do with people becoming wealthy. WEll besides Pat Robertson, Falwell and the like.
Fred and Brit really need to get out more. No I don’t mean their country club.
September 23rd, 2008 at 1:09 pmCall it whatever you want, but it still amounts to handing over an unprecedented amount of cash with no strings attached to reward greedheads whose avarice got us into this mess.
Not exactly the same as taking care of people in flooded areas or in the line of wildfires.
But I admit that some people will be sucked in by a semantic makeover. After all, constantly attaching words like “freedom” and “patriot” to concepts that should be unacceptable to every American worked pretty well, didn’t it?
September 23rd, 2008 at 1:10 pmmary Says:
——————————————————————————–
Elitist pr icks like Barnes think we’re all stoopid.
No, he just thinks 51% of us are stoopid.
The GOP
September 23rd, 2008 at 1:16 pmBecause at least half
of you are stoopid.
Earth to Fred, even the comatose trailer trash watching Fox “News” can understand that a “rescue” of billionaire bankers is still a transfer of wealth from the taxpayers to the judgment-impaired rich. So much for the fake populism upon which the Republican master class has thrived since Reagan came along.
September 23rd, 2008 at 1:21 pm‘Change Depends on McCain” is a request, not a statement.
September 23rd, 2008 at 1:31 pmWho do these people think they are telling us what we think? These hypothetical, straw men answers to questions infuriate me.
September 23rd, 2008 at 1:36 pmNO BAILOUT
http://www.sanders.senate.gov/news/record.cfm?id=303340
Sign this, help out!
September 23rd, 2008 at 1:46 pmThese guys think we (the public) are little more than drooling mongoloids. First we are expected to believe that McCain is an agent of change, and now this.
September 23rd, 2008 at 1:47 pmIf ‘angry’ is the word most used to describe us on the left, it is only because ignorance is bliss on the right.
and…
September 23rd, 2008 at 2:12 pmWe don’t have homeless people…
they are campers!
If they would have turned over social security to these guys and it went bust they wouldnt be asking for rescue
September 23rd, 2008 at 3:36 pmSecuritizing the market -Frank Luntz
September 23rd, 2008 at 3:39 pmSo their only mistake was to not consult with Frank Luntz first on how best to catapult the propaganda.
September 23rd, 2008 at 4:11 pmLipstick meet pig.
Yeah… just change invasion and occupation to ‘democracy promotion’. Change torture to ‘enhaced interrogation’. Change major finacial break down to ‘finacial hick up’, war criminals to ‘heroes’…
September 23rd, 2008 at 4:12 pmFreddie ‘Barnyard’ Barnes has to be one of the biggest insufferable asses in all of Screaming-Headdom.
====
September 23rd, 2008 at 5:32 pmHunger is gone, replaced by food insecurity.
I guess Cheney and Bolten didn’t use the magic “rescue” word today in their meeting with House Republicans. Cheney has a long memory of those who don’t toe the line. I’d watch my back if I was a Repug opposing the handout, I mean bailout.
September 23rd, 2008 at 6:52 pmOK after hearing that nonsense I will no longer ever trust anything Fred Barnes say’s about anything on any topic. What a friggin tool.
September 23rd, 2008 at 7:02 pmSince hunger is gone, replace by food insecurity, meetings must be held on food security:
President Bush Attends Meeting on Food Security Millennium U.N. Plaza Hotel
New York, New York
http://www.whitehouse.gov/news/releases/2008/09/20080923-10.html
September 23rd, 2008 at 7:15 pm