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Rescuing the Rescue Plan

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But do we have time for that?
I think we do. As long as the markets know we're coming back. I think the mark-to-market should help with liquidity and the FDIC should help in the confidence area. There are some other things on liquidity and other ways to expand the FDIC and allow Wall Street to finance a lot of their own insurance. We've put those plans forward and if this fails on Friday we'll push some of those ideas.

Let me ask you about the campaign. Some have suggested that the failure to pass the initial bailout bill really hurt Sen.John McCain's candidacy. Do you think that's true?
I don't. The bill was a better bill than it would have been otherwise largely because of his involvement. He came to town to get a better deal for the taxpayer and it did have some improvements. I don't know how anyone can say that it affects him that much more than Obama. He had a positive impact on the legislation. I don't know that you could say the same for the other side.

But McCain did think the bill was necessary even if it wasn't perfect. There is a question as to why he wasn't able to rally enough GOP House votes. What do you make of that?
That makes it sound like every member of the House is a "yes" man. We're not potted plants. I think we certainly respect opinions from outside of the House but in the end we need to work it out ourselves.

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Posted By: Krohn @ 10/09/2008 7:34:00 PM

They harassed her until she registered to vote six times!:
http://www.foxnews.com/video2/video08.html?maven_referralObject=3145562&maven_referralPlaylistId=&sRevUrl=http://www.foxnews.com/politics/
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Posted By: Krohn @ 10/08/2008 11:41:30 PM

"Not all Democrats agree with Mr. Frank that such policies are off-limits to criticism. Last week Rep. Artur Davis of Alabama said in a statement: 'Like a lot of my Democratic colleagues I was too slow to appreciate the recklessness of Fannie and Freddie. I defended their efforts to encourage affordable homeownership, when in retrospect, I should have heeded the concerns raised by their regulator in 2004. Frankly, I wish my Democratic colleagues would admit when it comes to Fannie and Freddie, we were wrong.'

"Mr. Davis is a member of the Congressional Black Caucus."

'Rank snobbery'

Camille Paglia, who supports Sen. Barack Obama, has nothing but scorn for the way the media has treated Sarah Palin.

"The mountain of rubbish poured out about Palin over the past month would rival Everest. What a disgrace for our jabbering army of liberal journalists and commentators, too many of whom behaved like snippy jackasses," Miss Paglia writes at www.salon.com.

"The bourgeois conventionalism and rank snobbery of these alleged humanitarians stank up the place. As for Palin's brutally edited interviews with Charlie Gibson and that viper, Katie Couric, don't we all know that the best bits ended up on the cutting-room floor? Something has gone seriously wrong with Democratic ideology, which seems to have become a candied set of holier-than-thou bromides attached like tutti-frutti to a quivering green Jell-O mold of adolescent sentimentality."
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Posted By: Krohn @ 10/06/2008 6:00:05 PM

The Antichrist!:
When George Soros failed to obtain the election of his candidate, John Kerry, in 2004, he brooded for a while, even said he might get out of politics altogether, but he just couldn???t stop himself. He has stated publicly that he wishes to burst the ???bubble of American supremacy,??? because he says our preeminence in the world is a detriment to global ???equilibrium.??? So far, he has failed, but he keeps on trying.

And Mr. Soros has made no secret either of the fact that he sees the shortest way to effect political shake-ups, what he terms ???regime changes,??? is through very difficult economic conditions.

America has not yet felt the full force of Soros style economic shock treatment. But others have.

Soros made his first billion in 1992 by shorting the British pound with leveraged billions in financial bets, and became known as the man who broke the Bank of England. He broke it on the backs of hard-working British citizens who immediately saw their homes severely devalued and their life savings cut drastically in comparative worth almost overnight.

When the Asian Financial Crisis of 1997 threatened to spread globally, George Soros was right in the thick of it. Soros was accused by the Malaysian Prime Minister of causing the collapse with his monetary machinations, and he was branded in Thailand as an ???economic war criminal??? who ???sucks the blood from the people.??? Right in the middle of this crisis, Soros dashed off his book, The Crisis of Global Capitalism, which demanded a ???third way??? toward economic stability.

Wake up, America, before it is too late!!!!