Comments on: White House: It’s not a ‘bailout,’ it’s a ‘rescue.’ http://thinkprogress.org/2008/09/30/rescue-v-bailout/ Thu, 26 Nov 2009 09:15:46 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: Alecto http://thinkprogress.org/2008/09/30/rescue-v-bailout/comment-page-2/#comment-5259852 Alecto Wed, 01 Oct 2008 04:45:42 +0000 http://dev.thinkprogress.org/2008/09/30/rescue-v-bailout/#comment-5259852 Holy SH|T Has anyone put these pieces together??? http://www.armytimes.com/news/2008/09/army_homeland_090708w/ Brigade homeland tours start Oct. 1 "The command is at Peterson Air Force Base in Colorado Springs, Colo., but the soldiers with 1st BCT, who returned in April after 15 months in Iraq, will operate out of their home post at Fort Stewart, Ga., " http://www.ajc.com/news/content/business/stories//2008/09/29/gas_shortage.html "Two more weeks of gas chaos, official says Atlanta’s chaotic gasoline shortage should be back to normal by Columbus Day, Oct. 13, at the latest, said Randy Bly of AAA South. That means about two more weeks of uncertainty, desperate searches for stations with gasoline and long lines at stations that do have gas. Bly said Nashville had fuel shortages similar to those in metro Atlanta, but now 70 to 80 percent of the city is being supplied." Hmmm, the Army violating the Posse Comitatus Act http://en.wikipedia.org/wiki/Posse_Comitatus_Act And everyone is occupied with the bailout... I smell martial law in parts of Georgia around the corner. Holy SH|T Has anyone put these pieces together???

http://www.armytimes.com/news/2008/09/army_homeland_090708w/
Brigade homeland tours start Oct. 1
“The command is at Peterson Air Force Base in Colorado Springs, Colo., but the soldiers with 1st BCT, who returned in April after 15 months in Iraq, will operate out of their home post at Fort Stewart, Ga., ”

http://www.ajc.com/news/content/business/stories//2008/09/29/gas_shortage.html
“Two more weeks of gas chaos, official says

Atlanta’s chaotic gasoline shortage should be back to normal by Columbus Day, Oct. 13, at the latest, said Randy Bly of AAA South. That means about two more weeks of uncertainty, desperate searches for stations with gasoline and long lines at stations that do have gas.

Bly said Nashville had fuel shortages similar to those in metro Atlanta, but now 70 to 80 percent of the city is being supplied.”

Hmmm, the Army violating the Posse Comitatus Act
http://en.wikipedia.org/wiki/Posse_Comitatus_Act

And everyone is occupied with the bailout…
I smell martial law in parts of Georgia around the corner.

]]> By: wiley http://thinkprogress.org/2008/09/30/rescue-v-bailout/comment-page-2/#comment-5259650 wiley Wed, 01 Oct 2008 00:43:38 +0000 http://dev.thinkprogress.org/2008/09/30/rescue-v-bailout/#comment-5259650 Yes "rescue" does sound better. "Since you blew a hole in the hull, we will give YOU all the lifeboats, as if YOU would then rescue US from your vandalism." Yes “rescue” does sound better. “Since you blew a hole in the hull, we will give YOU all the lifeboats, as if YOU would then rescue US from your vandalism.”

]]> By: wilytrax.com http://thinkprogress.org/2008/09/30/rescue-v-bailout/comment-page-2/#comment-5259646 wilytrax.com Wed, 01 Oct 2008 00:41:39 +0000 http://dev.thinkprogress.org/2008/09/30/rescue-v-bailout/#comment-5259646 You cry wolf enough, people start calling your bluff. http://www.wilytrax.com You cry wolf enough, people start calling your bluff.

http://www.wilytrax.com

]]> By: the Lone Voice of Reason http://thinkprogress.org/2008/09/30/rescue-v-bailout/comment-page-2/#comment-5259288 the Lone Voice of Reason Tue, 30 Sep 2008 22:39:39 +0000 http://dev.thinkprogress.org/2008/09/30/rescue-v-bailout/#comment-5259288 It's not a bailout, it's a rescue? NO IT'S A BIG SUCKING HOLE It’s not a bailout, it’s a rescue?

NO IT’S A BIG SUCKING HOLE

]]> By: Brain From Planet Arous http://thinkprogress.org/2008/09/30/rescue-v-bailout/comment-page-2/#comment-5259270 Brain From Planet Arous Tue, 30 Sep 2008 22:20:56 +0000 http://dev.thinkprogress.org/2008/09/30/rescue-v-bailout/#comment-5259270 It is not a bailout or a rescue. It is an Extortion or scam perpetrated by a bi-partisan effort. Why is Obama, McCain, and Bush in on this Sopranos-like demand of "Protection" money. It is not a bailout or a rescue.

It is an Extortion or scam perpetrated by a bi-partisan effort.

Why is Obama, McCain, and Bush in on this Sopranos-like demand of “Protection” money.

]]> By: pete http://thinkprogress.org/2008/09/30/rescue-v-bailout/comment-page-2/#comment-5259204 pete Tue, 30 Sep 2008 21:46:43 +0000 http://dev.thinkprogress.org/2008/09/30/rescue-v-bailout/#comment-5259204 Well jeepers, stupid troll, since I don't know the extent of the crisis I don't have enough information to formulate a plan all by my lonesome, and I dare say no one in the House does either. But, I can offer some general ideas. First, someone has to establish beyond doubt that piecemeal bailouts are not sufficient to avert disaster. I am of the belief that such bailouts should be decided on their individual merits. Second, not a single dime goes out without being tracked. Third, any emergency bailouts should go to things like meeting payrolls, dividends to small investors, and similar things as opposed to covering losses to speculation. Finally, based on my limited understanding, I would think that it would be better for the government to guarantee "bad debt" on a case by case basis rather than purchasing bundles of said debt, "bad" or not. Regardless, I don't see why it's necessary for any payments until you get down to insuring innocent parties. Well jeepers, stupid troll, since I don’t know the extent of the crisis I don’t have enough information to formulate a plan all by my lonesome, and I dare say no one in the House does either. But, I can offer some general ideas.

First, someone has to establish beyond doubt that piecemeal bailouts are not sufficient to avert disaster. I am of the belief that such bailouts should be decided on their individual merits.

Second, not a single dime goes out without being tracked.

Third, any emergency bailouts should go to things like meeting payrolls, dividends to small investors, and similar things as opposed to covering losses to speculation.

Finally, based on my limited understanding, I would think that it would be better for the government to guarantee “bad debt” on a case by case basis rather than purchasing bundles of said debt, “bad” or not. Regardless, I don’t see why it’s necessary for any payments until you get down to insuring innocent parties.

]]> By: sectionop92 http://thinkprogress.org/2008/09/30/rescue-v-bailout/comment-page-2/#comment-5259174 sectionop92 Tue, 30 Sep 2008 21:37:07 +0000 http://dev.thinkprogress.org/2008/09/30/rescue-v-bailout/#comment-5259174 I bet most of the Congressional Republicans are getting really pissed that Johnie Flub Flub can parachute in and out, ride the campaign trail, rail and bail, then leave his buddies holding the funny money bills when they need to get their own re-election campaigns going for themselves. Does McCain think he can be president with both the Dems and his own party hating him? He could be the GOP Othello if he doesn't watch it. I bet most of the Congressional Republicans are getting really pissed that Johnie Flub Flub can parachute in and out, ride the campaign trail, rail and bail, then leave his buddies holding the funny money bills when they need to get their own re-election campaigns going for themselves.

Does McCain think he can be president with both the Dems and his own party hating him? He could be the GOP Othello if he doesn’t watch it.

]]> By: dbadass http://thinkprogress.org/2008/09/30/rescue-v-bailout/comment-page-2/#comment-5259146 dbadass Tue, 30 Sep 2008 21:28:21 +0000 http://dev.thinkprogress.org/2008/09/30/rescue-v-bailout/#comment-5259146 Tracy_5: I might be confusing you with someone else but weren't you arguing yesterday that the real problem was those who took loans exceeding their means rather than those who offered said loans? If so why not just give the dough to those at the bottom and let it trickle up? Tracy_5:
I might be confusing you with someone else but weren’t you arguing yesterday that the real problem was those who took loans exceeding their means rather than those who offered said loans? If so why not just give the dough to those at the bottom and let it trickle up?

]]> By: Badger http://thinkprogress.org/2008/09/30/rescue-v-bailout/comment-page-2/#comment-5259128 Badger Tue, 30 Sep 2008 21:23:02 +0000 http://dev.thinkprogress.org/2008/09/30/rescue-v-bailout/#comment-5259128 "A loan that has to be paid back" Ahhh... there's the Rub. “A loan that has to be paid back” Ahhh… there’s the Rub.

]]> By: Badger http://thinkprogress.org/2008/09/30/rescue-v-bailout/comment-page-2/#comment-5259102 Badger Tue, 30 Sep 2008 21:16:55 +0000 http://dev.thinkprogress.org/2008/09/30/rescue-v-bailout/#comment-5259102 The best idea I've heard ,as an alternative, to the Outvoted $700 Billion Rescue/Bailout Plan is a version of the commonly used Financial Instrument known as the "Installment Plan". Want to get something, but don't have $700 Billion? How about 12 easy payments . There are about four months until a New President and a New Congress take power. What if Sec. Paulsen had say a couple hundred billion for the next four months...to start with...to fix the most urgent things first....to see what works.... To work the bugs out.???? The best idea I’ve heard ,as an alternative, to the Outvoted
$700 Billion Rescue/Bailout Plan is a version of the commonly used Financial Instrument known as the “Installment Plan”.

Want to get something, but don’t have $700 Billion? How about 12 easy payments .

There are about four months until a New President and a New Congress take power. What if Sec. Paulsen had say a couple hundred billion for the next four months…to start with…to fix the most urgent things first….to see what works…. To work the bugs out.????

]]> By: Game of Life http://thinkprogress.org/2008/09/30/rescue-v-bailout/comment-page-2/#comment-5259036 Game of Life Tue, 30 Sep 2008 20:57:43 +0000 http://dev.thinkprogress.org/2008/09/30/rescue-v-bailout/#comment-5259036 Ok, 25b for the auto industry 79b Iraqi surplus 18m ?lost? The brenner "handout" ??? paid to Sunni for the "surge" 700B - number pulled out of paulson tired ass (no proof needed) billions to halliburton millions to crooked repugs AGI - $$$$$$ 10m to North Korea for destroying reactor $$$$ - to Israel $$$$ - to Georgia Ok,

25b for the auto industry

79b Iraqi surplus

18m ?lost? The brenner “handout”

??? paid to Sunni for the “surge”

700B – number pulled out of paulson tired ass (no proof needed)

billions to halliburton

millions to crooked repugs

AGI – $$$$$$

10m to North Korea for destroying reactor

$$$$ – to Israel

$$$$ – to Georgia

]]> By: Max-1 http://thinkprogress.org/2008/09/30/rescue-v-bailout/comment-page-2/#comment-5259026 Max-1 Tue, 30 Sep 2008 20:54:05 +0000 http://dev.thinkprogress.org/2008/09/30/rescue-v-bailout/#comment-5259026 . Why won't D.C. <em><strong>"RESCUE"</strong></em> my home loans? Why won't D.C. <em><strong>"RESCUE"</strong></em> my school loans? Why won't D.C. <em><strong>"RESCUE"</strong></em> my auto loans? . .

Why won’t D.C. “RESCUE” my home loans?
Why won’t D.C. “RESCUE” my school loans?
Why won’t D.C. “RESCUE” my auto loans?

.

]]> By: pete http://thinkprogress.org/2008/09/30/rescue-v-bailout/comment-page-2/#comment-5258982 pete Tue, 30 Sep 2008 20:30:25 +0000 http://dev.thinkprogress.org/2008/09/30/rescue-v-bailout/#comment-5258982 Despite the idiotic semantic games, we appear to be witnessing a beneficial effect of election year politics. Those who are fighting for their political lives are seriously concerned about passing anything that might blow up in their faces. There is a bright side. This huge emergency has coincided with an immanent election. Those who are running for reelection will be forced to pay attention to their prospective constituents or play partisan politics, like Flippy-n-Chippy, and sink their own campaigns. This is a situation that can be used as a tool in our quest to reclaim control of our government. While the political creatures from either side spew their partisan drivel, losing votes with every inanity, those who pay attention to the immediate demands of their constituents voted down a bill that seemed like a rash overreaction at best. For good or ill, regardless of the motivations of the players, Democracy actually worked over the last few days. Now let's see if the pressure will force them to serve us, and their own interests, by implementing a rational emergency plan without trying to reinvent the entire economy complete with huge, unnecessary payouts. Despite the idiotic semantic games, we appear to be witnessing a beneficial effect of election year politics. Those who are fighting for their political lives are seriously concerned about passing anything that might blow up in their faces.

There is a bright side. This huge emergency has coincided with an immanent election. Those who are running for reelection will be forced to pay attention to their prospective constituents or play partisan politics, like Flippy-n-Chippy, and sink their own campaigns.

This is a situation that can be used as a tool in our quest to reclaim control of our government. While the political creatures from either side spew their partisan drivel, losing votes with every inanity, those who pay attention to the immediate demands of their constituents voted down a bill that seemed like a rash overreaction at best.

For good or ill, regardless of the motivations of the players, Democracy actually worked over the last few days. Now let’s see if the pressure will force them to serve us, and their own interests, by implementing a rational emergency plan without trying to reinvent the entire economy complete with huge, unnecessary payouts.

]]> By: Keith H. http://thinkprogress.org/2008/09/30/rescue-v-bailout/comment-page-1/#comment-5258984 Keith H. Tue, 30 Sep 2008 20:29:47 +0000 http://dev.thinkprogress.org/2008/09/30/rescue-v-bailout/#comment-5258984 Hurry . . rescue the bailout ! This is our best chance to embezzle 700 mill ! And here's the kicker . . . we've created a situation where we can make a solid attempt to show them that they <i>need</i> us to take the money ! Hurry . . rescue the bailout !
This is our best chance to embezzle 700 mill !
And here’s the kicker . . . we’ve created a situation where we can make a solid attempt to show them that they need us to take the money !

]]> By: lurker http://thinkprogress.org/2008/09/30/rescue-v-bailout/comment-page-1/#comment-5258974 lurker Tue, 30 Sep 2008 20:24:32 +0000 http://dev.thinkprogress.org/2008/09/30/rescue-v-bailout/#comment-5258974 Steaming pile of BS = plant growth enhancer Steaming pile of BS = plant growth enhancer

]]> By: sacopenapa http://thinkprogress.org/2008/09/30/rescue-v-bailout/comment-page-1/#comment-5258972 sacopenapa Tue, 30 Sep 2008 20:23:53 +0000 http://dev.thinkprogress.org/2008/09/30/rescue-v-bailout/#comment-5258972 Arrest Bush and Chenney! Arrest Bush and Chenney!

]]> By: sacopenapa http://thinkprogress.org/2008/09/30/rescue-v-bailout/comment-page-1/#comment-5258954 sacopenapa Tue, 30 Sep 2008 20:18:24 +0000 http://dev.thinkprogress.org/2008/09/30/rescue-v-bailout/#comment-5258954 The crooks and their semantics... The crooks and their semantics…

]]> By: tokin librul http://thinkprogress.org/2008/09/30/rescue-v-bailout/comment-page-1/#comment-5258952 tokin librul Tue, 30 Sep 2008 20:18:17 +0000 http://dev.thinkprogress.org/2008/09/30/rescue-v-bailout/#comment-5258952 Why Is St. Barry so silent in this matter? I have a theory, of course. Ready? <a href="http://thewell-armedlamb.blogspot.com/2008/09/wheres-st-barry-mocha-messiah.html" rel="nofollow">It's here.</a> Yeah, I guess I'm still beneath contempt. Sorry... Why Is St. Barry so silent in this matter?
I have a theory, of course.
Ready? It’s here.
Yeah, I guess I’m still beneath contempt. Sorry…

]]> By: radiodujour http://thinkprogress.org/2008/09/30/rescue-v-bailout/comment-page-1/#comment-5258942 radiodujour Tue, 30 Sep 2008 20:16:22 +0000 http://dev.thinkprogress.org/2008/09/30/rescue-v-bailout/#comment-5258942 I like to refer to it as a "pension enema". I like to refer to it as a “pension enema”.

]]> By: Bilbo Hussein Baggins http://thinkprogress.org/2008/09/30/rescue-v-bailout/comment-page-1/#comment-5258940 Bilbo Hussein Baggins Tue, 30 Sep 2008 20:16:05 +0000 http://dev.thinkprogress.org/2008/09/30/rescue-v-bailout/#comment-5258940 <em>Bushie Says: Obama is all for the bail out, but we must be politically correct and call it a rescue. He just keeps sidling ever right. DLC here we come!</em> Do you understand completely how our economic system works? Do you know for sure that if we do nothing our economic system won't melt down and you won't end up losing your retirement fund and your job? If you answer no to those questions, then you are not in a position to judge Obama. I trust in his instincts and actions. I would like to see him and the Democrats form a committee of leading economists to look into a better plan to save our economy, but the fact is there may not be enough time left to do that. Bushie Says:
Obama is all for the bail out, but we must be politically correct and call it a rescue. He just keeps sidling ever right. DLC here we come!

Do you understand completely how our economic system works? Do you know for sure that if we do nothing our economic system won’t melt down and you won’t end up losing your retirement fund and your job?

If you answer no to those questions, then you are not in a position to judge Obama. I trust in his instincts and actions. I would like to see him and the Democrats form a committee of leading economists to look into a better plan to save our economy, but the fact is there may not be enough time left to do that.

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