Thursday, September 25, 2008
So McInsane flys into DC....with an arrogant attitude of McHero.....and he never even read Paulson or Dodd's Plan...BUT he came to the Meeting at the WhiteHouse and HIS plan is that he wants LESS Regulatory Oversight and MORE Corporate Tax Cuts....( Click the Title and I have a Link to Dodd's Plan). He showed up to the Meeting smiling and looking pleased with himself, giddy, and inappropriate, smiling with a silly grin. He never spoke to anyone or talk to the Banking Committee or Paulson, he went and Stirred up Trouble over at the House with Boehner....So I was right he did indeed come to Disrupt and Commit KaBuki Theater.....What a Narcissistic Arrogant Selfish Man, he came there to make a scene to help HIS Floundering Campaign and save it with a Stunt of Mythic Proportions.Shame on him....
He came to DC and immediately went and met with the HOUSE Repugs ( who have never been his buddies), and instigated this whole mess. He never did call Dodd, or any of the other Repugs on the Senate Banking Committee. Didn't he overstep his boundaries, he has NO leadership role on any of the Financail Committees and he has not been in DC since last APRIL , or voted or met with anyone since Last Spring about THIS issue. This was not about assisting the President or the Repug Party.
This made NO sense, the Conservative Repugs of the House don't support the Prez or McCain...so WHO this helps is beyond me. And the Senate Republicans were trying to work with the Dems to navigate through this very sensitive situation. This is an Economic Crisis, it is not something that should be treated like a Theatrical Event.
Here is the 32 page Dodd Plan that was offering structured Installment plan, and regulatory oversight and did protect the taxpayers.....it was a good plan.... worth working on and it was almost settled. I do understand people saying Wallstreet does not deserve to be bailed, but this is about a problem that will and does effect all of us. And even has global implications and consequences. ( There were Banks Runs in Asia last night- Korea, Singapore, Japan, and Hong Kong. Also China and Other Asian Banks Issued NO Contact orders with America- no loans or business with America). The Other issue is that people 's Pension Plans and Retirement Accounts are vulnerable during all of this. This HUGE mess does effect all of us, that is why it needs to be worked on. This is NOT a problem that Ostrich Syndrome will solve.
Anytime you have a Crisis, you need people working diligently and quietly and patiently and Negotiation was key.There would be time later to sort our the Criminal Aspects of this Mess, and responsibility will be assigned, and Liability. But Walking Out in a Fit is not a mature rational way to solve Problems. Real Leaders do not manipulate a Coup During a Moment of Crisis.
We have suffered Enough Under 8 Years of this Titannical Regime...and now we will all suffer more, because McInsane Puts HIS Campaign First...Never Country. And he just pulled a Maneuver that Hoover would be proud of....when he says Country First, Someone Should ask WHICH Country ?
Footnote: I don't know how I feel about the "Bailout", I do support Probemsolving and People working together across lines to Solve Problems. I also was impressed that the DEMS were addressing concerns voiced to their offices, about Regulatory Measures and Installments and Oversight, and taking away Golden Parachutes....I felt like for once the DEMS were working hard and did remember Mainstreet....I watched the Hearings, I was impressed that ALL of them were asking appropriate Questions and expressing their angst on our behalf. But this stunt tonight.....well, tomorrow we will have a Black Friday...I hope the Conservative House Repugs know that.
Meanwhile about WaMu:
(1) Breaking News tonight at 10 PM still breaking, some sites have been pulled.
(2) WSJ has more on this.