BAILOUT PLAN, Too much, too late? Options

[Hellfighter]

I'm not worthy to even get into the details of what's churning beneath this economic catastrophe looming ahead compared to the gurus we already have here discussing it.

But is it just me in thinking why are Repubs and some Dems in congess/ negotiations holding the US and world economy hostage just to save their political backsides.

As I understand it a massive meltdown like we've never seen in nearly a hundred years is only a step or 2 away, but we have Dems in Congress saying "no-no we can get this bailout plan launched ourselves but we want Repubs taking the plunge with us" and the we have Repubs acting like pussies because several hundred constituents are phoning opposing the plan - are the phone calls multiple calls from a few people, or do the hundreds of calls represent thousands saying 'no' to the plan.

Point is, in the face of a catastrophe shouldn't there be a realization to stave off the crisis at hand and later iron out the wrinkles.
I'm asking the gurus here -is this Global economy Russian Roulette of the worst kind?

So far today the market is showing meltdown fear over this bailout uncertainty.

[Robert]

McCain towing the line for Repubs in Congress to holdout on not giving the bailout plan the green light.
Financial Gurus here please adivse.... what's the reality of disaster descending on us if things are held up much longer?

What do you base than on. McCain took a position on the bailout that i needed to happen, Obama did not.
You could just as easily say Obama failed to get the 40% of Democrat who voted against it, to get on board with the plan.


What really bothers me how little talk there has been to admit this $700 Billion would only be a start according to a lot of economist.

Pelosi's stupid speech just proves why I'm so scared over the idea of Obama being Pres. in a way I wouldn't have been concerned if it were Hillary.
For days there has been an overwhelming call to put aside partisan politics. Then right before the vote she turns the whole mess upside down with last minute finger pointing. The bill would have probably failed anyway but now it will be more of a struggle to get anything done.
I still don't understand why the house rushed this when the senate wouldn't have voted until Wednesday.

[HammaTime]

Pelosi's stupid speech just proves why I'm so scared over the idea of Obama being Pres. in a way I wouldn't have been concerned if it were Hillary.
For days there has been an overwhelming call to put aside partisan politics. Then right before the vote she turns the whole mess upside down with last minute finger pointing. The bill would have probably failed anyway but now it will be more of a struggle to get anything done.

ROFLMAO!!!

I thought Radar Magazine got this one about right when they wrote on their blog:

Mindful of the way that Minority Leader John Boehner's rationale for the Republican rejection of the bailout—they voted against it because a speech by Nancy Pelosi hurt their feelings—makes them look like a bunch of gigantic pussies, House Republicans are clamoring to join the Not A Gigantic Pussy caucus.

That was in reference to a posting on Politico where claim Rep. John Shadegg said, "that he doesn't know of a single GOP vote that shifted because of the speech." Others are joining the pussy revolt.

Interesting to hear Andrea Mitchell's reporting on MSNBC that Newt Gingrich was backstabbing Boehner by working behind the scenes to have the measure defeated, yet he came out with a public statement backing the bailout. Here comes Newt '12! I wonder if he will be hiring any interns...

My question is what the hell is happening here? Has everyone gone completely loopy?