Bailout Bill Gets A Great Big " NO " Vote. John McCain Proves He's An Idiot

Well isn't that just sweet? Our government, speaking of Democrats, did the right thing in the House today and voted " no " on the Wall Street bailout bill. Everyone all at once now okay? Clap, clap, clap. I would take it that our government officials had a little bit more fear of their constituents , and their jobs, than they did of Wall Street and the boys who are crying wolf.

   On to something else that is related to the Bill. It seems that Republican asshole/idiot John McCain made an attempt to take credit for the bailout bill before it failed by vote.

DailyKos

by BarbinMD  Mon Sep 29, 2008

How mavericky of John McCain to take credit for the passage of the bailout bill...before it failed:

Sen. John McCain (R-Ariz.) and his top aides took credit for building a winning bailout coalition – hours before the vote failed and stocks tanked.

The rush to claim he had engineered a victory now looks like a strategic blunder that will prolong the McCain’s campaign’s difficulty in finding a winning message on the economy.

Shortly before the vote, McCain had bragged about his involvement and mocked Sen. Barack Obama for staying on the sidelines.

"I've never been afraid of stepping in to solve problems for the American people, and I'm not going to stop now," McCain told a rally in Columbus, Ohio. "Senator Obama took a very different approach to the crisis our country faced. At first he didn't want to get involved. Then he was monitoring the situation."
McCain, grinning, flashed a sarcastic thumbs-up.

"That's not leadership. That's watching from the sidelines," he added to cheers and applause.

What happened today was more than a "strategic blunder," it was a massive failure of leadership on the part of John McCain.

And let's give McCain's quote, made on the campaign trail, a little more context:

I am a Teddy Roosevelt Republican. I believe our leaders belong "in the Arena", in the arena, when our country faces a challenge, not on the road in a campaign. I've never been afraid of stepping in to solve problems for the American people, and I'm not going to stop now.

Speaking of stepping in it...

   When will everyone finally get tired of McCain and his political stunts and just toss him out onto a cacti?

Technorati Tags: John McCain,bailout Bill,Wall Street,The House,2008 election

The New Modified Bailout Bill

   This shit just keeps getting better and better! The original $700 Billion bailout bill was met with much opposition from both political parties as well as the majority of America's citizens. Not wanting to piss us off ( sure ) our government leaders went back onto hibernation to work on a better, more accountable bill. So they managed to create a better ( ? ) bill which was unveiled on Sunday.

  From what I've seen on the Internet thus far, this bill is even worse than the original one was. Oversight? sure there is. Just like with the FISA Bill. Remember that one? ATT and others got off for illegal activities against both you and I.

  Bailout Bill has oversight but the problem is that the companies and individuals who got you and I into this mess are the ones who will have the oversight! What the fuck is wrong with this picture? Plenty, as you will see. Read on!

  Original   ( edited )

            OpEdNews

With the modified bailout proposal announced today as “agreed” to by Congressional leaders of both parties, House Majority Leader Nancy Pelosi chillingly emphasized that one of the “achievements” of the modified bailout is that it “insulates Main Street, and everyday Americans, from the crisis [created by] Wall Street.”

The REDUCED, rather than increased, accountability comes from two main factors. First, the only control the people had under the original proposal was the hope that the President would fire the Secretary of the Treasury for malfeasance. Because the unprecedented new Troika is made up of three independent federal agencies, so the President (the only elected person with any possibility of control) has a much harder time impacting them, and has to replace at least two of them instead of one Treasury Secretary. Canning two of these major business figures in the SEC, Fed, and FDIC would arguably shake up the markets further. Moreover, it’s questionable indeed for the President to have a “litmus test” on bailout policy for any appointee to an “independent” federal agency that is supposed to be just that – Independent.

Business deregulation has generally gone hand in hand with regulatory agencies being captured by Wall Street interests, so now, in effect, Wall Street decides how much accountability Wall Street will get, thanks to the Troika and “good cause.”     OpEdNews for more

  What this means is that both you and I are being shit on by our elected representatives in government, once again. Nancy Pelosi and, more than likely, Harry Reid, are about to give the crooks in both government and on Wall Street the right to police themselves. This is not acceptable!

Technorati Tags: Bailout Bill,Nancy Pelosi,Harry Reid,Wall Street,Troika,economy