Wednesday, September 24, 2008

NYT article shows that The Bailout Hearings Did Not go Well.....at all.



I watched the Hearings yesterday .....Most channels carried it all day....I don't know about you, but anytime surgical terms are used like " Quick and Cleanly" I am hit with a tad of nausea. ( that was the phrase that Paulson used yesterday )....I thought Paulson behaved like a CEO late for lunch....inconvenienced and arrogantly defending 3 lousy pages of an Invitation to Hell....

6 comments:

Christopher said...

A 9 point lead in the WaPo/ABC poll.

I hope Obama can hold the line. You know the Old Coot will ramp up the smears.

The debates will be crucial. Not just political theater but truly crucial.

Fran said...

Thank God the lawmakers @ the hearings were echoing time after time-- this is not gonna happen without oversight & regulations. Whew!
I feared they might be so focused on leaving for vacation @ the end of the week, they would hurry & pass some shoddy bill that left the taxpayers holding the bag.

They are talking about suspending those big bonuses- I favor no dividends issued & the LOAN from the government must be paid back- total suspension of all perks, until it is.

Utah Savage said...

I too watched it obsessively. And I will continue to do so. Paulson and Bernanke want no accountably and no oversight. Since when does anyone lend a large sum of money with those conditions. And haven't we been watching this meltdown for a long damn time. Why so late to the trough and why such a hurry?

enigma4ever said...

Utah:::
you are right...we all have been watching this Meltdown ....it did not come to shore like a storm that caught any of us off guard...we have been watching it for over a year....or here for over 2 years....

The Problem is THE Plan..and WHO is presenting it- it is about lack of trust...shit...what a joke-'these are the same assholes that let this happen....

Be right backk..

enigma4ever said...

Chris and Fran::
so the thing is that the Lawmakers- are asking that the Bailout be written addressing Certain Key Issues...and instead...of caving...which we all are used to ...they are not..they are fighting back...and both DEms and Repugs are fighting Paulson...so that is not a bad thing...at all....and to be honest they are asking for reasonable things..

Supposedly the Repugs are actuallly even worse trying to resolve this...

Chris::
" He would only come back if his bote counted" that is what I was told earlier this afternoon....NOW he is willing to come back to DC..Chris has kept asking Where is McCain??? is he in DC ? when was he last in DC ? ( NO ONE can answer the question...)

enigma4ever said...

Sorry- that was a Chris Matthews quote-
looked like I was talking to Christopher...ooops.