Newest GOP Complaint On Stimulus: There’s Not Enough Housing Aid (Which We Voted Against Last Week)
Newest GOP Complaint On Stimulus: There’s Not Enough Housing Aid (Which We Voted Against Last Week)
President Obama has made it clear that he wants to work with conservatives on putting together an economic recovery package. He has agreed to accept business tax cuts in the package and today met personally with House GOP leaders. But from the beginning, conservatives made up their minds to oppose the economic recovery package, no matter the concessions. Since that time, they have been grasping at straws to justify this position: too few corporate tax cuts, objections to revitalizing the National Mall, and opposition to a family planning provision.
Today, Roll Call reports that conservatives’ newest line of attack will be on housing — specifically, that there isn’t enough addressing this crisis in the economic recovery package:
Republicans now appear set to draw their line in the sand over the issue. One senior Senate GOP aide said Republicans were coalescing Monday evening around a plan to demand that Obama and Congressional Democrats reconfigure the stimulus to help mitigate foreclosures and spur buyers to invest in new homes.
“Republicans are increasingly concerned that the stimulus bill is leaving the housing crisis out of the equation,” the aide said.
The American Recovery and Reinvestment Act is not supposed to focus on housing. Instead, its key areas are: energy, science and technology, health care, education, infrastructure, tax cuts, and helping workers hurt by the recession.
The Obama administration and Democratic leaders aren’t planning to ignore housing, however; they are attempting to address the foreclosure crisis through separate legislation. Last Wednesday, the House passed Troubled Assets Relief Program (TARP) legislation. As the Gavel pointed out, a key part of this legislation — in addition to stabilizing the financial markets — was helping Americans stay in their homes. Some provisions that were included:
– “Calls on Treasury to immediately commit up to $100 billion (with a mandatory minimum of $40 billion) of the second $350 billion TARP funding on a comprehensive foreclosure mitigation plan (to be developed by Treasury by March 15 and implemented by April 1).”
– “Makes changes to the Hope for Homeowners refinancing program to encourage more lenders to refinance home loans for borrowers at risk of losing their homes.”
– “Mandates that the foreclosure mitigation plan include at least $20 billion for a systematic program to guarantee loan modifications to help families in danger of losing their homes.”
Conservatives seem to be the ones actually “leaving the housing crisis out of the equation.” Only 18 Republicans voted for the TARP legislation; 156 voted against it. Last summer, conservatives also put up a vicious fight against Democratic-sponsored housing legislation.
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I wonder how long it will take to learn that when you lie down with GOP dogs, you wake up with fleas. And I wonder how long it will take the GOP to learn that the only thing they are entitled to is to either sit down and shut up, or kiss Obama’s behind. They LOST. Why is Obama behaving as though these knuckle dragging idiots continue to be relevant? If they don’t get on board, in two years, they’ll be even MORE irrelevant.
January 27th, 2009 at 4:56 pmTurn on a TV these days and all you hear is what the Republicans don’t like about the Obama recovery legislation. Well, Republicans ought to be irrelevant so soon after all their policies were resounding rejected in an election.
Are there no Democrats available to go before the cameras?
January 27th, 2009 at 4:59 pmI’m not sure what it is yet, but Rep. Eric Cantor really gives me the creeps.
January 27th, 2009 at 5:01 pmHe’s always standing right next to, or directly behind, John Boehner, with a really, really weird demeanor.
See photo.
Hypocricy and posturing by the GOPers is making me sick.
They are partisan obstructionists — and that is their goal –see that Obama and the Democrats fail.
They are pretending to show respect to Obama to his face, but then they stab him in the back.
January 27th, 2009 at 5:12 pmIt’s all a game to the republicans. They don’t give a sh*t about the country or we the people, they only care about their party and how to get back the White house and the majority in both the house and senate.
Just watch, they will obstruct, they will blame the failed wars in Iraq and Afghanistan on President Obama and the democrats, they will blame the economy, unemployment and everything under the sun on President Obama and the democrats 10 fold as the 2010 mid term elections draw nearer.
I applaud President Obama for his bi-partisan approach but he needs to realize the end game of the GOP. I’m more concerned over President Obama talking with the republicans then I am with him talking to our so called enemies. The republican’s are we the people’s enemy, need proof? Just look at the hate and divisiveness that they bred in the mid nineties when they took control of both the house and senate.
Look at the hate and lies they and their media mouthpieces spewed over the past 8 years. It’s a sad day when we have to fear those in our own government, then fear our enemies.
January 27th, 2009 at 5:13 pmNevar, I have noticed that about Cantor as well.
January 27th, 2009 at 5:14 pmIt used to be the face of Rick Santorum in that place – now it is Cantor.
No one talks about his wife whose private bank got 300 million in the TARP.
Good job on continuing to expose the Repug fustercluck, TP.
Now if the Dems would stop trying to always get along…
January 27th, 2009 at 5:14 pmNevar Says:
I’m not sure what it is yet, but Rep. Eric Cantor really gives me the creeps.
January 27th, 2009 at 5:16 pmHe’s always standing right next to, or directly behind, John Boehner, with a really, really weird demeanor.
See photo.
“““““““““““““““““““““““““““““
I agree! Cantor is one of the up and comers of the republican party. The guy is a mealy mouthed little creep. He looks like the dork on one of those infomercials with his womanly glasses.
If the Republican caucus keeps whiplashing back and forth like this, they may lose the more moderate Republicans without Obama having to do anything at all to woo them over. Not 100% of them have quite the same capacity to say crazy shit with a straight face.
January 27th, 2009 at 5:17 pmIt’s obvious they are just trying to gaslight President Obama.
January 27th, 2009 at 5:17 pmHere’s a perspective of Cantor…
January 27th, 2009 at 5:17 pmhttp://www.sourcewatch.org/index.php?title=Eric_Cantor
Please share this idea with anyone who thinks ther GOP is negotiating in good faith: The GOP only has one way to re-claim the power they believe they deserve and that is to have our economy destroyed. Once the economy is destroyed, they will do two things:
1) Blame Dems – no matter the facts and use that blame to re-gain power, then
2) remake the economy in their own image – no unions, no healthcare, no SS, no medicare, no safety nets, no regulations, no productivity, etc. We will effectively be back in the industrial dark ages.
The GOP must destroy America to save it. Insanity…
January 27th, 2009 at 5:18 pm“Newest GOP Complaint On Stimulus: There’s Not Enough Housing Aid (Which We Voted Against Last Week)”
For God’s sakes, these clowns are getting ridiculous every day. First, Boner and the nimrod MSM bellyache over the birth control program in the stimilus bill and now it is not enough housing aid?Next, the GOP will bellyache over a hangnail missing from stimulus bill. I don’t think these clowns fully read the bill. On page 275, there is mention of creting jobs for the homeless vets. Boner should be thinking about the displaced vets in Ohio. This is nothing but political theatre and BS dog and pony show by the GOPs.
If this stimulus bill doesn’t get passed thanks to the staunch GOPs, President Obama has my permission override these clowns’ vote and pass the stimulus bill. The entire Main Street are hurting.
January 27th, 2009 at 5:18 pmCantor needs to borrow Boney’s tanning bed.
January 27th, 2009 at 5:19 pmForeclosures next to be stopped -
A family of 7 committed suicide today before of job loses…
…we will be seeing alot more of this in the future as people give up hope, unless something is done.
January 27th, 2009 at 5:22 pmCaption: How did this negro get to be House Republican Leader?
January 27th, 2009 at 5:23 pmThe GOP does not represent America. It only represents white Americans with money and their ability to help the Republican party agenda. It is a cult – nothing more than that.
January 27th, 2009 at 5:23 pmKICK THE REPUKE BARSTIDS TO THE CURB!!!!
I’m sick of their ridiculous obstructionism – they don’t give a rat’s asss about America, and it ought to be obvious to anyone with half a brain.
KICK ‘EM TO THE CURB!!!
January 27th, 2009 at 5:23 pm–’before’ should have been –’because’
January 27th, 2009 at 5:23 pmNevar, I said that same thing yesterday about Cantor. He’s a creepy media whore, and his head is always in any camera shot.
Perhaps I’m not remembering correctly, but I don’t seem to recall the Dems have this much media coverage during the Bush years. Why so much air time to the minority to whine and complain now? Especially when they really don’t seem to have anything constructive to add to the conversation.
PEACE
January 27th, 2009 at 5:24 pmIt is fine and good Obama is including the goppers hoping maybe there will be a bipartisan united congress. But there comes a time when one should realize these fools are still playing games and probably will ALWAYS put their party before the good of the people.
No compromises and get business done without the fools.
January 27th, 2009 at 5:24 pmenough with niceties and formality… it’s time to do what’s RIGHT. i’m SO tired of hearing and reading about these pathetic tactics the republicans are using to prove their relevance! ENOUGH!
January 27th, 2009 at 5:24 pmAll they want to do is stall, stall, stall – in hopes of dragging any actions by the Obama administration into the quicksand.
Enough is enough. Send Emmanuel in to cut these jerks off at the knees.
January 27th, 2009 at 5:25 pmcrap – I’ll just repost
Foreclosures need to be stopped -
A family of 7 committed suicide today because of job loses…
…we will be seeing alot more of this in the future as people give up hope, unless something is done.
January 27th, 2009 at 5:27 pmIt’s absolutely amazing to me that these repuke obstructionists want nothing more than to see the Obama stimulus fail, when just a couple of months ago they couldn’t move fast enough to fall all over each other to pass the bill that bailed out their buddies in the banking industry!
Yep — that’s typical repuke style; raid the US Treasury to throw money at their corrupt friends in the banking and securities industries, but stand in the way of anything that might actually help out the little guy… The Obama Express should just roll on and flatten these pea-brains…
January 27th, 2009 at 5:30 pmJ.Davis Says: “He’s gonna bail on y’all just like bush did the conservatives in 2000! I tell you,don’t trust any of these rats,democrat or republican, any farther than you can throw them!”
Paddle faster, I hear banjos….
January 27th, 2009 at 5:38 pmI’m sure the Republicans who are blocking the bailout feel proud that a man killed himself and his family because he lost his job and saw no help coming anytime soon. Many Americans are suffering more everyday and are at the end of their rope. While Republicans are only interested in making sure Obama/Biden fail and as they get their kick back money from banks and big businesses. It’s so sad Law Makers don’t represent the people of their State. 5 kids and man/wife gone while Law Makers use fake lies and block help for taxpayers.
January 27th, 2009 at 5:41 pmAdmittedly, the bill is going to have to come to some compromises so that every industry doesn’t get the full amount. Why can’t these repubs see that.
I, too, would like to see more money for **REASONABLY PRICED BASIC HOUSING** (but not McMansions at inflated prices). Of course, money for housing only goes to those who make enough money to buy a house.
More money for housing means a higher national debt or higher taxes or less money given to CEOs.
What comes next – we need more Tribbles for the bill. More Tribbles. More Tribbles.
January 27th, 2009 at 5:54 pmJ.Davis Says:
Dogfather,which of these 2 corrupt parties controlled congress when the bailout lunacy started? Don’t be so much a dupe to believe the democats are any better than the repugnant party.They both @%*%!
January 27th, 2009 at 5:56 pm“““““““““““““““““““““““““““`
Hey Pinhead, are you really that naive to think that all of this mess suddenly began when the democrats took control in 2006? Bah ha ha ha what a idiot! By the way I believe it was a REPUBLICAN president and his administration that pushed for the bail out. Of course you are too dense to realize that little bit of reality aren’t you?
I suppose they want to stimulate the housing market with tax cuts for corporations.
January 27th, 2009 at 5:57 pmUncle Fester Lurks Says: (re: J.Davis) “…are you really that naive to think that all of this mess suddenly began when the democrats took control in 2006?
J(efferson) Davis believes the mess started back at Appomattox…
January 27th, 2009 at 6:07 pmJ.Davis Says: “…in the short time we have talked,you have learned me well,…”
Ahhh, well, the credit is yours… you’ve done all the talking…
January 27th, 2009 at 6:16 pmJ.Davis Says:
No Fester,it started with banks being forced to make loans to people that couldn’t repay them.
The insanity in this statement is legend. Tell me again Bobo, how do banks make money when they give home loans to folks who CANNOT PAY THEM BACK! Does that even make sense to the IQ challenged around here? As I stated before: In 26+ years of banking, I never had a customer come into my office asking for a loan they could not re-pay – NEVER.
So the GOP mindset lives on: The financial meltdown occured because people were ‘forcing’ banks to lend them money – on homes they could not afford. Yeah, that’s it…Geez, we do have a long way to go, don’t we?
January 27th, 2009 at 6:18 pmSomeone tell them to go stand in a corner and shut up.
Boner and Cantor and McConnell and Kyl should all be put in muzzles for the next 4 yrs.
What a sorry-ass batch of whining liars the GOP has become.
Pathetic.
Inexcusable.
Deserving of RICO prosecution and imprisonment.
January 27th, 2009 at 6:23 pmMitch the Hypocrite, eh? Wasn’t he the old who told Al Gore to be a statesman and step down during the early stages of the Florida recount? Now he’s discussing how to “fight on” with Norm “I’ll Get Back to You Later” Coleman.
Also, Michelle Malkin honored us with a feature on her website today. How lovely of her.
January 27th, 2009 at 6:31 pmCorrection. My apologies.
wasn’t he the one*
January 27th, 2009 at 6:31 pmWhat a cluster phuck these guys are, where’s the leadership?
January 27th, 2009 at 6:32 pmLook at the picture, how many times a week does Weepy Boehner go to the tanning bed? Yeh, he’s the MAN.
So it’s ok for repugs to bailout AIG and others without accountability.
These companies are still getting their benjamins on. And like previous poster said “kickbacks” for days.
January 27th, 2009 at 6:37 pmOT, but there seems to be a lot of Carter bashing lately. Is this because of his position on Israel?
January 27th, 2009 at 6:39 pmJust a wild concept here but anyone who thinks 50/50 is control is seriously delusional. And obviously single. Or a thug.
January 27th, 2009 at 6:41 pmJ.Davis Says:
No Fester,it started with banks being forced to make loans to people that couldn’t repay them. The groundwork was laid in the Carter years and BOTH parties did nothing to stop it! also,a president is only that,he’s not a King. Don’t put all your eggs in an Obama basket,you will surely be disapponted.
No we won’t be disappointed at President Obama. You are the only nut here saying such bs.
Why don’t you blame G. Washington and be done with it, phylum.
January 27th, 2009 at 6:43 pmI like the idea…sign the loan you street scum or I’ll staple the kids. Sounds like the makings of a new series on Fox.
January 27th, 2009 at 6:48 pmThe republicans have got to act like they’re still in the race…
January 27th, 2009 at 7:20 pmbut what pathetic representatives they have to do the racing
The picture looks like an old doo-wop group posing for their PR picture for a PBS fund drive
January 27th, 2009 at 7:23 pm24 people at the heart of the meltdown
Alan Greenspan, chairman of US Federal Reserve 1987- 2006
Mervyn King, governor of the Bank of England
Bill Clinton, former US president
Gordon Brown, prime minister
George W Bush, former US president
Senator Phil Gramm
Wall Street/Bankers
January 27th, 2009 at 7:25 pmAbby Cohen, Goldman Sachs chief US strategist
Kathleen Corbet, former CEO, Standard & Poor’s
“Hank” Greenberg, AIG insurance group
Andy Hornby, former HBOS boss
Sir Fred Goodwin, former RBS boss
Steve Crawshaw, former B&B boss
Adam Applegarth, former Northern Rock boss
Dick Fuld, Lehman Brothers chief executive
Ralph Cioffi and Matthew Tannin
Lewis Ranieri
Joseph Cassano, AIG Financial Products
Chuck Prince, former Citi boss
Angelo Mozilo, Countrywide Financial
Stan O’Neal, former boss of Merrill Lynch
Jimmy Cayne, former Bear Stearns boss
Christopher Dodd, chairman, Senate banking committee
Geir Haarde, Icelandic prime minister
John Tiner, FSA chief executive, 2003-07
I’m thinking the Dems should respond, “OK we’ll add a bunch of housing stuff and make the stimulus package even bigger. Great idea, guys!” If they complain, say “OK, we’ll take that extra housing stuff back out. Great idea, guys!”
.
J.Davis Says:
I tell you,don’t trust any of these rats,democrat or republican, any farther than you can throw them!
Yeah yeah, and when they destroy each other the South will rise again… heh.
.
J.Davis Says:
No Fester,it started with banks being forced to make loans to people that couldn’t repay them.
This, it is incorrect. None of those programs actually reduced the income and asset requirements of mortgage applicants. Most first-time homeowners are still making their mortgage payments, in fact.
Far more money was involved in “house flipping” and people speculating in real estate like it was the stock market. Do you even remember all the news items just a year ago about how people couldn’t even live in certain areas because the house prices were so high? The vast inflation in housing prices due to speculation is what caused it.
Please stop blaming minority homeowners and laws that disallowed banks from refusing them for being minorities.
.
J.Davis Says:
r.h.f.,watch your blood pressure now…it’s ok….
rhf’s bloodstream is made of nitro-glyceryn and pure liquefied rage. He’s actually relatively mellow today.
.
wiley Says:
OT, but there seems to be a lot of Carter bashing lately. Is this because of his position on Israel?
They can’t find a Democratic President remotely as bad as their last five, so they have to manufacture one. Hence the typical smear campaign they’re so good at. His Israel/Palestine position is just icing on their big, ugly, shit-cake.
January 27th, 2009 at 10:01 pmAll these arses are just punk coxucker traitors. Every one of them. Especially the jerk who looks like Waldo.
January 27th, 2009 at 11:10 pmWhat the hell is wrong with these Reich Wing nuts,Why do they hate Obama,the middle class,low income and America so much.These mother phuckers are making me sick with their constant whining.Obama and the Dems need to kick some A$$ and say phuck it we are passing this legsislation with out you.If this doesn`t pass and we suffer more job losses, foreclosures and rising health care the middle class of this country should go after ever damn re-puke and kick their a$$e$ to hell and back and make them vote yes.Aagin why do you GOOPERS hate America?
January 27th, 2009 at 11:24 pmThe GOP should just eliminate all of the blather and cut to the chase, and when asked why they oppose the stimulus package, they should simply reply” “cuz….”
January 28th, 2009 at 12:18 amKeep the Mexicans, deport the Contardian fascists.
Send them to Iraq and let the Iraqi folk have thier revenge.
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