Bailout Bill Heads For Senate Vote

    and this is more than likely where you and the rest of the taxpayers will get screwed, thanks to Senator Harry Reid.

  This bill will have a few add-ons, one being the increase in the FDIC insurance from 100k to 250k. That is the better part. The worst part?

    Politico

Many Democrats were already upset that Republicans and the White House had watered down their effort to require Treasury to impose a fee on Wall Street transactions in five years to help recoup any taxpayer losses. The expanded Senate package envisioned now would compound this loss by adding a set of tax breaks that also will add billions to the deficit without the "pay-fors" many fiscally conservative Democrats want.  ( my emphasis )

  So why are we now going to give some more tax breaks to business?

Technorati Tags: Bailout,Wall Street,Harry Reid,Nancy Pelosi,Democrats,Republicans,Conservatives

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