The Bailout Bill Failed. Should We Blame McCain?

re: The Bailout Bill Fails. Should We Blame McCain?

Hessian.son — Mon, 29 Sep 2008 20:19:49 GMT

If the Democrats delivered, why did the bill fail? Last count I saw there was a Democratic majority in the House that didn't need Republican votes. What drove the Republicans away was the caustic, partisan speech by Speaker Pelosi before the the vote was taken. There's a time for politics and a time to reign it in. She didn't choose wisely.

re: The Bailout Bill Fails. Should We Blame McCain?

FlaLady — Mon, 29 Sep 2008 20:31:26 GMT

Don't be ridiculous. The blame falls squarely on the Democrats. The whole crisis could have been averted if the Dems would have allowed legislation regulating Fannie Mae/Freddie Mac, like the bill co-sponsored by McCain, to pass. Obama should be investigated for his role with ACORN Housing and its contribution to the mortgage meltdown. His pointing the finger at McCain is laughable, except that MSM like you allow him to get away with it. Pelosi does not inspire leadership OR bipartisanship and neither does Obama.

re: The Bailout Bill Failed. Should We Blame McCain?

yellow_dog_democrat — Mon, 29 Sep 2008 21:00:37 GMT

House Democrats “delivered” by securing a majority vote. Democrats voted 140 to 95 in favor of the bill – a bill proposed by the President of the Opposition Party. Republicans, on the other hand, voted 133 to 65 against a bipartisan bill supported by their own party’s President and with strong bi-partisan support. The point here is that – going in – there were enough “secured” votes to pass the measure, until the GOP flip flop at the eleventh hour. Are you seriously telling me that the House members in question altered their vote because Nacny Pelosi hurt their feelings? How statesman-like of them. The real reason extremist Republicans opposed this bill is because, in their view, it overly favored regulation. This is the end result of Supply Side (that’s “trickle down” to the GOP) economic theory. So spare me the crocodile tears over how “mean old Nancy” hurt the GOP’s feelings and made them cry, spare me the self righteous cries of “economic socialism” and spare me any continuation of failed Republican financial and political philosophies.

re: The Bailout Bill Failed. Should We Blame McCain?

PulSamsara — Mon, 29 Sep 2008 21:02:58 GMT

Mr. De-Regulation is squarely to blame ! And when we try to fix the Republican fiasco McCain puts politics before country ! Ridiculous !

Why would America REWARD complete Republican failure ?

We wont.

re: The Bailout Bill Failed. Should We Blame McCain?

schop — Mon, 29 Sep 2008 21:04:36 GMT

Come one, if Republicans were really all about "country first," it would not matter what Pelosi said. They would vote for what truly was best for the country. So cut the "partisan speech by Speaker Pelosi" crap.

By the way, I hated Pelosi's speech and really wish she was not Speaker of the House. Regardless, Republicans chose to let their ideology get in the way of doing the right, all be it tough thing.

House Republicans are taking their lead from McCain, making political theater of a tremendous crisis for our country.

re: The Bailout Bill Failed. Should We Blame McCain?

HFrancis — Mon, 29 Sep 2008 21:05:40 GMT

So Republicans were all on board for this cop-out/bail out until Pelosi gave a speech? Are these men or mice we are talking about? Do you know what separated the yea's from the nay's? Elections. Both sides refused to peel away the thick layer or bipartisan corruption to see the truth behind this crisis. Everyone refused to take into account that while they were ALL being wined and dined by Wall Street, WE were being swindled.

This bal out plan was horrible when it was three pages and it was even more pathetic when it was 100 pages. Maybe we should have elections for often to keep our politicians more honest.

re: The Bailout Bill Failed. Should We Blame McCain?

thebob.bob — Mon, 29 Sep 2008 21:08:15 GMT

McCain's grandstanding absolutely made it worse. It was Republicans in tight races that needed to say, "I didn't vote with Bush or McCain on this one". When McCain rode into town, he spooked them all. After all this they want MORE de-regulation and they'll take the entire country over the falls with them if they have too.

re: The Bailout Bill Failed. Should We Blame McCain?

jravencft — Mon, 29 Sep 2008 21:15:21 GMT

I smell a rat...

Call me cynical, but I firmly believe that House Republicans walked away from the bailout today in order to allow McCain to swoop back in a few days and say that he was able "deliver" the dozen or so votes to pass this in a re-vote.

Mark my words, just the number needed to pass will appear with McCain saying that he personally called/contacted them to sway their votes when this passes on a revote.

Nancy Pelosi and the democrats need to come up with two dozen votes to pass this in a revote to "do the right thing" and to counter McCain's claims later on that he is the "savior" of the package in a revote***

re: The Bailout Bill Failed. Should We Blame McCain?

steveeyes — Mon, 29 Sep 2008 21:16:15 GMT

What they don't seem to realize is that our trust in our representatives is lower than the stock market right now. McCain represents the same gimmicks that Washington has been using for years to sale their ideas to tax payers while their real motives are done behind closed doors. Trust is gone and anyone who acts or emulates the same politics is not going to get out vote.

re: The Bailout Bill Failed. Should We Blame McCain?

burf — Mon, 29 Sep 2008 21:16:39 GMT

It's amazing reading the GOP comments. They live in some Revisionist Reality world, where it was the Dems, that held the White House 28 of the last 40 years, including the last 8; nominated seven of the nine Supreme Court justices and held Congress for 12 of the last 14 years, including 6 of the last 8.

Somehow, they imagine it was the Dems that blocked regulation, even though they were in the minority, and never blocked a thing. In fact, even while they've been in the Majority, they haven't been able to put much of their agenda into play.

And of course, GOPers in Congress, changed their votes today, because Pelosi said something.

Yup, it's always the Dems... the GOP are the victims... give me a break.

re: The Bailout Bill Failed. Should We Blame McCain?

desertgirl — Mon, 29 Sep 2008 21:16:50 GMT

Why would we blame McCain?

According to Obama he (McCain) contributed in no meaningful way to the bill itself (that was Obama)

McCain is a Senator NOT a House Rep., therefore he had no opportunity to vote on it.

Who we blame are the Dems and GOP Reps whose no votes defeated this bill.

To those who voted no, I say thank you. Good job. You stood for this country and listened to We The People as promised to do when you were sworn in.

Today, American won.

re: The Bailout Bill Failed. Should We Blame McCain?

desertgirl — Mon, 29 Sep 2008 21:20:45 GMT

Here is the way the votes came down on this bill:

YES votes:

Democrats: 140

GOP: 65

NO votes:

Dems: 95

GOP: 133

218 votes were necessary to pass the bill.

Total number of Dems in the House: 235

The Dems didn't need the GOP, IF every Dem voted "yes" (which didn't happen).

This bill failed because of bipartisanship.

Woo hoo!

This Congress got something right.

re: The Bailout Bill Failed. Should We Blame McCain?

ic1foru — Mon, 29 Sep 2008 21:21:35 GMT

unfortunatley blame does not get anything done. did he mess it up yes....is he a mistake for the future of this country..yes...country first my donkey....maybe he should suspend the vice presidential debate and send Palin to washington to straighten all this out..

re: The Bailout Bill Failed. Should We Blame McCain?

OnlyCure=Truth — Mon, 29 Sep 2008 21:26:03 GMT

The paper tiger is coming down.

real value somewhere around

Dow = 4000 - 6000

S/P = 400

Buy some thing real not speculated paper.

re: The Bailout Bill Failed. Should We Blame McCain?

Ex-Vegan — Mon, 29 Sep 2008 21:26:10 GMT

I just hope that McCain and Palin continue to put their feet in their mouths, then Obama is sure to win come November! Republicans are so quick to blame the Democrats. If we had MORE regulation (as the Dems champion) then we wouldn't be in this mess today. Instead, the Republicans keep deregulating industries - which history has shown us doesn't work. The fat cats keep getting fatter, while the middle-class are left to starve.

re: The Bailout Bill Failed. Should We Blame McCain?

Jaray24 — Mon, 29 Sep 2008 21:37:27 GMT

I can't believe my own party, Democrats, are blaming the repubs for this bill not passing. When 40% of the Dems voted NO on it. People, expecially the Congress and Government, really needs to take responsibilty for their own mistakes, learn from them and make it better. Complaining and pointing fingers about something in the past is just keeping their eyes off of the future of the Country.

Us Dems have been in controll of the Sen, and House for 2 years, and agreed on the deficit budget, we haven't done anything to fix that, and keep blaming the Repubs for it. With the country going like it is, it won't be long before another crisis comes our way.

Buy Gold, and land in the hills, learn to live off the land, and wait for this 4 year storm to roll over.

re: The Bailout Bill Failed. Should We Blame McCain?

GregHere — Mon, 29 Sep 2008 21:37:36 GMT

........................More will surface about what "Maverick" McCain has been doing behind the scenes during this Bailout Financial Crisis, I am interesting to hear more of what McCain has been doing. He seems to be overplaying his own position as a Senator and trying to influence legislators to go his way and pump up the McCain Campaign. McCain was acting like a Loose Cannon when last week abruptly cancelled several campaign events and went back to D.C. to try to broker the Bailout. He wanted to irresponsibly and unilaterally cancil the campaign at a time America needs to hear what our Candidates are all about and how they will impact our next 4 years. McCain threatened to cancil the U. Miss Debate for a while until his Campaign Managers told him that would be a major screw up........Last week was a real display on how flaky and irresponsible Senator "Maverick" McCain can be, what a scary glimpse of how our future could be with him in office!!!!!!!

re: The Bailout Bill Failed. Should We Blame McCain?

7dollars — Mon, 29 Sep 2008 21:39:11 GMT

mc cain: " i encourage all americans to invest in their retirement, i encourage all americans to put their money in the stock market."

thanks for the advice, mc snake!

ha,ha,ha.

re: The Bailout Bill Failed. Should We Blame McCain?

7dollars — Mon, 29 Sep 2008 21:44:58 GMT

mc cain: " what's good for wall street is good for america. make your 401 k your retirement future"

thanks! mc creep.

ha,ha,ha.

re: The Bailout Bill Failed. Should We Blame McCain?

websmith — Mon, 29 Sep 2008 21:45:23 GMT

McCain and Obama, against the majority of American wishes, favor giving amnesty to illegal aliens in their first 100 days of office. They both favor, against American wished the passage of the bank bail out bill. They both have contributed to the current economic crisis. They both favor, against American wishes, continuing the Iraq war in some form.

Isn't it time to vote for someone other than the Democrats or Republicans who just give us more of the same?

http://ewebsmith.com/bus/wrongbusiness.html

re: The Bailout Bill Failed. Should We Blame McCain?

indflvoter — Mon, 29 Sep 2008 21:46:37 GMT

Just review the statements by the Democratic "leaders" who wanted to cheerlead Obama and pass a $140 billion earmark bill for ACRON instead of helping solve the problem. Just go back and review all the attacks and mockery against a guy who went there to help. I’m sorry, those people are to blame. Obama, if he had any leadership, would have insisted that no partisan attacks should take place.

BTW, who claims to be benefiting from the economic crisis? Oh yeah, the Democrats. So the view is if the country suffers Democrats benefit. Shame on the Democrats!! At least McCain had the decency to acknowledge some of the blame the Republican Party shoulders. Democrats claim, oh no, we have no role in this. Give me a break!! They have the majority in Congress and have had it for two years. Democrats are the ones who stopped S. 109 that McCain sponsored that would have helped prevent this crisis. Have a review of the statements Dodd, Frank and Pelosi made in May/June 2006 condemning the Republicans for wanting to regulate Fannie Mae and Freddie Mac more.

http://www.govtrack.us/congress/record.xpd?id=109-s20060525-16

http://www.govtrack.us/congress/bill.xpd?bill=s109-190

I’m glad John McCain put the country first and tried to help out. It is just too bad that Democrats and Media wanted a debate for their ad revenue instead of solving the problem.

re: The Bailout Bill Failed. Should We Blame McCain?

carolmay — Mon, 29 Sep 2008 21:46:40 GMT

"The public, by the way, isn't opposed to the bill."

Umm, you yourself stated that ONLY 33% support the plan. Sheesh!

re: The Bailout Bill Failed. Should We Blame McCain?

carolmay — Mon, 29 Sep 2008 21:48:08 GMT

"Now come the scare tactics. If we don’t give dictatorial powers to the Treasury Secretary “the stock market would drop even more, which would reduce the value of your retirement account. The value of your home could plummet.” Left unsaid, naturally, is that with the bailout and all the money and credit that must be produced out of thin air to fund it, the value of your retirement account will drop anyway, because the value of the dollar will suffer a precipitous decline. As for home prices, they are obviously much too high, and supply and demand cannot equilibrate if government insists on propping them up."

re: The Bailout Bill Failed. Should We Blame McCain?

biggus dickus — Mon, 29 Sep 2008 21:50:11 GMT

What crap, the dems . delievered the vote they said they would ,the republicans did not even though it was a republican bill.

re: The Bailout Bill Failed. Should We Blame McCain?

biggus dickus — Mon, 29 Sep 2008 21:50:11 GMT

What crap, the dems . delievered the vote they said they would ,the republicans did not even though it was a republican bill.

re: The Bailout Bill Failed. Should We Blame McCain?

rmrmj5 — Mon, 29 Sep 2008 21:53:33 GMT

Nice partisan hatchet job Andy - it was clear by mid-week house Republicans were shut out of the negotiations, and Pelosi was perfectly happy to ignore them, announcing prematurely that a deal had been struck (an action I can only think designed to undermine McCain). That was last Wednesday - McCain's decision to go to Washington seems all the more justified now that the measure has failed with FORTY PERCENT (40%!!) of the Nay votes coming from Pelosi's own party!!! Her partisan back-stabbing speech was just further indication of her startling lack of leadership and suitability for her position.

re: The Bailout Bill Failed. Should We Blame McCain?

deberry10 — Mon, 29 Sep 2008 21:56:52 GMT

No one benefits from the House's rejection of the bill, except every Representative running for reelection this November. Oh, wait a minute. That's all of them, isn't it?

It's possible that a few Republicans may have read Michael Moore's screed on the subject, incredible as that may seem, since he's so liberal:

Michael Moore wrote:

Friends,

Let me cut to the chase. The biggest robbery in the history of this country is taking place as you read this. Though no guns are being used, 300 million hostages are being taken. Make no mistake about it: After stealing a half trillion dollars to line the pockets of their war-profiteering backers for the past five years, after lining the pockets of their fellow oilmen to the tune of over a hundred billion dollars in just the last two years, Bush and his cronies -- who must soon vacate the White House -- are looting the U.S. Treasury of every dollar they can grab. They are swiping as much of the silverware as they can on their way out the door.

No matter what they say, no matter how many scare words they use, they are up to their old tricks of creating fear and confusion in order to make and keep themselves and the upper one percent filthy rich. Just read the first four paragraphs of the lead story in last Monday's New York Times and you can see what the real deal is:

"Even as policy makers worked on details of a $700 billion bailout of the financial industry, Wall Street began looking for ways to profit from it.

"Financial firms were lobbying to have all manner of troubled investments covered, not just those related to mortgages.

"At the same time, investment firms were jockeying to oversee all the assets that Treasury plans to take off the books of financial institutions, a role that could earn them hundreds of millions of dollars a year in fees.

"Nobody wants to be left out of Treasury's proposal to buy up bad assets of financial institutions."

Unbelievable. Wall Street and its backers created this mess and now they are going to clean up like bandits. Even Rudy Giuliani is lobbying for his firm to be hired (and paid) to "consult" in the bailout.

The problem is, nobody truly knows what this "collapse" is all about. Even Treasury Secretary Paulson admitted he doesn't know the exact amount that is needed (he just picked the $700 billion number out of his head!). The head of the congressional budget office said he can't figure it out nor can he explain it to anyone.

And yet, they are screeching about how the end is near! Panic! Recession! The Great Depression! Y2K! Bird flu! Killer bees! We must pass the bailout bill today!! The sky is falling! The sky is falling!

Falling for whom? NOTHING in this "bailout" package will lower the price of the gas you have to put in your car to get to work. NOTHING in this bill will protect you from losing your home. NOTHING in this bill will give you health insurance.

Health insurance? Mike, why are you bringing this up? What's this got to do with the Wall Street collapse?

It has everything to do with it. This so-called "collapse" was triggered by the massive defaulting and foreclosures going on with people's home mortgages. Do you know why so many Americans are losing their homes? To hear the Republicans describe it, it's because too many working class idiots were given mortgages that they really couldn't afford. Here's the truth: The number one cause of people declaring bankruptcy is because of medical bills. Let me state this simply: If we had had universal health coverage, this mortgage "crisis" may never have happened.

This bailout's mission is to protect the obscene amount of wealth that has been accumulated in the last eight years. It's to protect the top shareholders who own and control corporate America. It's to make sure their yachts and mansions and "way of life" go uninterrupted while the rest of America suffers and struggles to pay the bills. Let the rich suffer for once. Let them pay for the bailout. We are spending 400 million dollars a day on the war in Iraq. Let them end the war immediately and save us all another half-trillion dollars!

I have to stop writing this and you have to stop reading it. They are staging a financial coup this morning in our country. They are hoping Congress will act fast before they stop to think, before we have a chance to stop them ourselves. So stop reading this and do something -- NOW! Here's what you can do immediately:

1. Call or e-mail Senator Obama. Tell him he does not need to be sitting there trying to help prop up Bush and Cheney and the mess they've made. Tell him we know he has the smarts to slow this thing down and figure out what's the best route to take. Tell him the rich have to pay for whatever help is offered. Use the leverage we have now to insist on a moratorium on home foreclosures, to insist on a move to universal health coverage, and tell him that we the people need to be in charge of the economic decisions that affect our lives, not the barons of Wall Street.

2. Take to the streets. Participate in one of the hundreds of quickly-called demonstrations that are taking place all over the country (especially those near Wall Street and DC).

3. Call your Representative in Congress and your Senators. (click here to find their phone numbers). Tell them what you told Senator Obama.

When you screw up in life, there is hell to pay. Each and every one of you reading this knows that basic lesson and has paid the consequences of your actions at some point. In this great democracy, we cannot let there be one set of rules for the vast majority of hard-working citizens, and another set of rules for the elite, who, when they screw up, are handed one more gift on a silver platter. No more! Not again!

Yours,

Michael Moore

MMFlint@aol.com

MichaelMoore.com

P.S. Having read further the details of this bailout bill, you need to know you are being lied to. They talk about how they will prevent golden parachutes. It says NOTHING about what these executives and fat cats will make in SALARY. According to Rep. Brad Sherman of California, these top managers will continue to receive million-dollar-a-month paychecks under this new bill. There is no direct ownership given to the American people for the money being handed over. Foreign banks and investors will be allowed to receive billion-dollar handouts. A large chunk of this $700 billion is going to be given directly to Chinese and Middle Eastern banks. There is NO guarantee of ever seeing that money again.

P.P.S. From talking to people I know in DC, they say the reason so many Dems are behind this is because Wall Street this weekend put a gun to their heads and said either turn over the $700 billion or the first thing we'll start blowing up are the pension funds and 401(k)s of your middle class constituents. The Dems are scared they may make good on their threat. But this is not the time to back down or act like the typical Democrat we have witnessed for the last eight years. The Dems handed a stolen election over to Bush. The Dems gave Bush the votes he needed to invade a sovereign country. Once they took over Congress in 2007, they refused to pull the plug on the war. And now they have been cowered into being accomplices in the crime of the century. You have to call them nowand say "NO!" If we let them do this, just imagine how hard it will be to get anything good done when President Obama is in the White House. THESE DEMOCRATS ARE ONLY AS STRONG AS THE BACKBONE WE GIVE THEM. CALL CONGRESS NOW.

re: The Bailout Bill Failed. Should We Blame McCain?

trisha651 — Mon, 29 Sep 2008 22:00:32 GMT

Not only Republicans voted NO. All the Republicans and Democrats in the great Commonwealth of Virginia voted NO. So not only John McCain can be blamed for this.

re: The Bailout Bill Failed. Should We Blame McCain?

7dollars — Mon, 29 Sep 2008 22:00:42 GMT

mc cain: " bush is the best man for the job. americans can put their faith in gawd and the republican party".

thanks, mc weasel!

we can always count on you for our security>

re: The Bailout Bill Failed. Should We Blame McCain?

7dollars — Mon, 29 Sep 2008 22:00:43 GMT

mc cain: " bush is the best man for the job. americans can put their faith in gawd and the republican party".

thanks, mc weasel!

we can always count on you for our security>

re: The Bailout Bill Failed. Should We Blame McCain?

junkmail7 — Mon, 29 Sep 2008 22:05:08 GMT

Hey Andy...it would appear Obama's cell phone diplomacy isn't multitasking all that well.

re: The Bailout Bill Failed. Should We Blame McCain?

Ralphie — Mon, 29 Sep 2008 22:09:09 GMT

So McCain is responsible and Obama is left as not responsible? Because of inaction?

re: The Bailout Bill Failed. Should We Blame McCain?

damuelle — Mon, 29 Sep 2008 22:14:13 GMT

You're blaming John McCain? Give me a break. Grow up, Newsweek, and place the blame for the financial crisis where it belongs: George W. Bush and Barney Frank. Bush destroyed the dollar through record budget deficits. Frank created a huge economic risk by blocking reform of Fannie Mae and Freddie Mac. The rest of Wall Street and Capitol Hill can also share blame for preventing the SEC and FASB from instituting proper accounting of derivatives, thus permitting banks to take on higher level of risk than they should. We're in a global economic crisis. It's important that journalists place the blame where it belongs: Bush and Barney Frank, who have combined to create one nearly unfathomable mess.

re: The Bailout Bill Failed. Should We Blame McCain?

HyperD — Mon, 29 Sep 2008 22:16:25 GMT

John McCain is nothing but a clown. He should be embarrassed for saying this is Obama's fault… BIG LIAR! Earlier, he and his top aides took credit for building a winning bailout coalition – hours before the vote failed and stocks tanked. He should be the first to leave! Obama never claimed that he was going to Washington to "fix" the crisis. Huge Mcstunt... McCain's leadership? Nonexistent.

re: The Bailout Bill Failed. Should We Blame McCain?

Nohbdy — Mon, 29 Sep 2008 22:16:40 GMT

So I suppose we should just ignore the fact that Sen. Obama disagreed as well?

re: The Bailout Bill Failed. Should We Blame McCain?

Vypurr — Mon, 29 Sep 2008 22:18:24 GMT

7dollars, spend a minute and check your facts. Clinton is responsible for most of the financial mess we're in, not McCain, DA. It was the Clinton administration, obsessed with multiculturalism, that dictated where mortgage lenders could lend, and originally helped create the market for the high-risk subprime loans.

John McCain tried to warn the country about Freddie Mac and Fannie Mae back in 2005, and pushed the Federal Housing Enterprise Regulatory Reform Act of 2005.

But here's a quote from your buddy lib Barney Frank: "These two entities, Fannie Mae and Freddie Mac, are not facing any kind of financial crisis. The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing".

If you must blame someone, look to your own party.

re: The Bailout Bill Failed. Should We Blame McCain?

jiml1956 — Mon, 29 Sep 2008 22:21:07 GMT

One of the points here is that McCain was trying to take credit for passing this bill. Since the bill failed shouldn't he be blamed?

He can't have it both ways.

re: The Bailout Bill Failed. Should We Blame McCain?

pawprints — Mon, 29 Sep 2008 22:22:16 GMT

It is amazing how you choose t ooverlook the fact that the original plan sucks, and the democrats AND the current administration are too inflexible to incorporate most of the alternative plan proposed by the House Republicans (which would put less taxpayer money at risk). We should THANK John McCain if it was because of him the original plan didn't get hastily passed. I believe there would have been regrets kindred to the kind you have when you are hoodwinked by a used car salesman. Additionally, a huge reason for the failed vote was Nancy Pelosi's anxiousness to insert hugely partisan comments into her statement even BEFORE the vote was taken. She angered and alienated, rather than uniting. She undid John McCain's work, and then some. You would have thought she could have at least restrained herself until AFTER the vote. But, no, she did it BEFORE. John McCain did all he could to get House Republicans heard. Obama, too, was out there trying to claim credit for the bail-out, and denying that John McCain deserved any credit - BEFORE the vote was even taken. It seems that credit is all Obama is looking for or cares about. John McCain takes the heat, and does what he thinks is right. That is why I respect him, and I will vote for him. Your article sucks.

re: The Bailout Bill Failed. Should We Blame McCain?

HyperD — Mon, 29 Sep 2008 22:30:07 GMT

McCain is erratic and we are tired of his stunts and histrionic lies ... trying to put in Obama his own failures. He has no leadership in his party and should just quit.

re: The Bailout Bill Failed. Should We Blame McCain?

kdallas999 — Mon, 29 Sep 2008 22:30:32 GMT

Blaming Nancy Pelosi is ridiculous. If her partisan comments were the only reason the bill didn't pass then those voting against it purely out of spite are every much as willing to sacrifice our country for their own pettiness as she was.

re: The Bailout Bill Failed. Should We Blame McCain?

Phoenician Lady — Mon, 29 Sep 2008 22:41:14 GMT

As a Democrat, I am disappointed that Nancy's Pelosi's remarks were so partisan and set off such a negative chain reaction; however, get real here. With so much at stake, the Republicans shouldn't be voting yes or no based on petty spite. As a people, we are in for a terrible lesson here, one that our grandparents and great-grandparents learned in the 1930's. we all tend to live beyond our means. As a nation, we spend trillions on wars and foreign aid, instead of here at home. Maybe we will learn that we can happier with less, and maybe we will work together again instead of against each other. I have been so hopeful about Barack Obama and the change he offers. Now I know his hands will be severely tied by the financial mess he will inherit if he wins. I still think he offers us the best chance to recover and learn from our mistakes.

re: The Bailout Bill Failed. Should We Blame McCain?

Perusing-through — Mon, 29 Sep 2008 22:43:31 GMT

NEWSWEEK: "The Bailout Bill Failed. Should We Blame McCain?"

Two word answer: ABSOLUTELY YES!!

re: The Bailout Bill Failed. Should We Blame McCain?

Perusing-through — Mon, 29 Sep 2008 22:46:01 GMT

SENATOR OBAMA and DEMOCRATS ARE CALM - - IT IS THE REPUBLICANS THAT ARE IN FREE FALL WITH BOTH THE CREDIT & STOCK MARKET !! DOW DOWN TODAY 777 POINTS. BIGGEST DROP EVER!!

"Malcontent House Republicans" are in disarray. They promised to deliver 80 Republican votes to rescue Wall Street & save Main Street and they came up short. The House is not listening to their Republican President nor do they see the impending "economic Pearl Harbor".

And where is Republican Savior John McSleazy. He promised to suspend his campaign, stop his ads, and forego the debates to bring House Republicans onboard to save the nation with a $700-Billion package.

JOHN McSLEAZY CAN'T EVEN LEAD A BUNCH OF "LIPSTICK WEARING PIGS". ALL McCAIN KNOWS HOW TO DO IS FAIL AND SCREW THINGS UP!!

re: The Bailout Bill Failed. Should We Blame McCain?

maq1 — Mon, 29 Sep 2008 22:47:48 GMT

I will never vote Republican ever again. McCain and his Republican buddies in the house need to pack up their politics and take a hike.

re: The Bailout Bill Failed. Should We Blame McCain?

marksgershenson — Mon, 29 Sep 2008 22:48:10 GMT

The problem with the blame game is that by a margin of 2 to 1, the Republicans did not allow the bill to pass. The Democrats had 60% say yes. And then the Republicans have chutzpah to say it was the Democrats fault, while the Republicans overwhelmingly decided to vote against the bill. And when presidential politics get thrown in as they did by McCain saying it was Obama's fault is the last straw. McCain is shutting the doors on himself. Nobody has to do that for him anymore.

re: The Bailout Bill Failed. Should We Blame McCain?

tigger9245 — Mon, 29 Sep 2008 22:54:06 GMT

Who's to blame for this? The financial institutions!! They did not acknoweldge that their lending process was faulty. They let many homes foreclose on those people who were really trying to make the payments. Sub-prime is a great way to get ppl in a home, but after two years, we will just continue to hike up the interest rates every 6 months until they can't afford it any more.

The financial institutes decided to pay the cost of foreclosing on a house and let it sit there making them not a dime, instead of ammending the mortgages. It has to be cheaper to amend then foreclose, and I know that any payment is better than no payment. Money would still be flowing in. Homes would still be occupied.

The BS of GOP fault or Dems fault is crap. Let's go back to growing up...our parent would say, "when you point your finger and someone, you have more fingers pointing back at you."

I, personally am glad that this failed today.

re: The Bailout Bill Failed. Should We Blame McCain?

Donna1000 — Mon, 29 Sep 2008 23:04:46 GMT

I am not impressed with Obama, McCain, or anyone else in Washington right now. What a mess. I don't even want to vote in November.

re: The Bailout Bill Failed. Should We Blame McCain?

hypocriit — Mon, 29 Sep 2008 23:12:27 GMT

McCain is so hypocritical

"McCain claims its not the the time to "affix...blame"--then promptly points his finger at Obama. "Senator Obama and his allies in Congress infused unnecessary partisanship into the process," he says.

When will this stop

re: The Bailout Bill Failed. Should We Blame McCain?

hypocriit — Mon, 29 Sep 2008 23:18:09 GMT

Founding Member of the Keating Five

Back in the old days, defendants in famous trials got numbers -- the Chicago Eight, the Gang of Four, the Dave Clark Five, the Daytona 500. McCain was one of the "Keating Five," congressmen investigated on ethics charges for strenuously helping convicted racketeer Charles Keating after he gave them large campaign contributions and vacation trips.

Though he was not convicted of anything, McCain intervened on behalf of Charles Keating after Keating gave McCain at least $112,000 in contributions. In the mid-1980s, McCain made at least 9 trips on Keating's airplanes, and 3 of those were to Keating's luxurious retreat in the Bahamas. McCain's wife and father-in-law also were the largest investors (at $350,000) in a Keating shopping center; the Phoenix New Times called it a "sweetheart deal."

Charles Keating was convicted of racketeering and fraud in both state and federal court after his Lincoln Savings & Loan collapsed, costing the taxpayers $3.4 billion. His convictions were overturned on technicalities; for example, the federal conviction was overturned because jurors had heard about his state conviction, and his state charges because Judge Lance Ito (yes, that judge) screwed up jury instructions. Neither court cleared him, and he faces new trials in both courts.)

re: The Bailout Bill Failed. Should We Blame McCain?

edman2@comcast.net — Mon, 29 Sep 2008 23:19:48 GMT

The Clinton democrats are to blame for this whole housing crisis and subsequebt finanicial melt down. Watch this video!

http://www.youtube.com/TheMouthPeace

re: The Bailout Bill Failed. Should We Blame McCain?

latinovoter — Mon, 29 Sep 2008 23:21:12 GMT

THE GOP WONT EVEN BACK THE PRESIDENTS PLAN? AND THEM MCCAIN BLAMES OBAMA AND THE DEMS? JOHN MCCAIN IS REALLY NAIVE, IF HE THINKS THE AMERICAN PEOPLE WILL FALL FOR HIS LATEST BLAME GAME.

re: The Bailout Bill Failed. Should We Blame McCain?

pekopper — Mon, 29 Sep 2008 23:24:30 GMT

The Maverick is a phoney plain and simple. He's a bigger prop than his running mate. This is no leader. This is a guy who is a tool to his handlers, the brownshirts in the right-wing talk radio circuit, and of course the head puppertier, the sociopath sitting around in his underwear somewhere calling the shots..., Newt Gingrtich "quite frankly"

These Right-Wing bullies are simply a huge tag-team. It's a joke. That's until you realize that these guys are playing with our lives. Like the order-taker he is, McCain will do whatever he is commanded to do, until one day he decides to strike back. That's what worries me.

As far as the financial institutions are concerned... I'm happy they're going south. They all need to be cut down to size from the hyper-inflated balloon it is. What is disgusting is that I have never once seen any Republican take notice of any amount of human suffering. From health care, social security, elderly care, education, katrina, a million dead in Iraq invasion... not once did any of these Republicans, led by the biggest slithering eel of the bunch.., George Bush have an ounce of empathy for them... for us. It was only when their precious wall street was compromised did this President, with the support of the entire Republican Party and McCain go on National Television and threaten us with no credit, no cars, no home purchase, loss of 401-k value etc.. because of their mistakes and corruption. These people are worse than the mafia ever was. Then they try to hide what they do, and create an illusionary story around it to help convince their bots.

As far as I'm concerned this country needs to have a housecleaning and allot of peole need to be put a trial, Nuremberg style.

re: The Bailout Bill Failed. Should We Blame McCain?

ApostasyUSA — Mon, 29 Sep 2008 23:29:58 GMT

Andrew,

Great timeline and headline!! Should We Blame McCain?

Hmmmm.....maybe. Is McCain playing politics with this bill?

Definitely.

McCain keeps putting his campaign in positions where he has to "bail-out".

Can we say, "ejection-seat mentality"?

McCain already crashed a few planes; let’s not let him crash the market.

re: The Bailout Bill Failed. Should We Blame McCain?

steveeyes — Mon, 29 Sep 2008 23:33:14 GMT

The only thing in worse crisis than our economy is our representatives. Our economy will recover, but the Washington mentality may be beyond repair. Citizens are tired of listening to promises that end up in the pockets of the wealthiest Americans. Citizens are tired of rewarding those who do wrong on Wall St and throwing citizens who are trying to survive on Main St behind bars. As far as Main St is concerned, Wall St and Politicians are in bed and do not deserve our trust.

It is amazing that politicians do not realize that our trust in our representatives is lower than the stock market and is the reason we do not trust any legislation they try to sale to the public. They always gift wrap their sales pitch that it is good for us, that we need what they are selling and later we find out we pay the price for trusting their word. We have heard those sale pitches before and we end up paying more, while the rich get richer, violate the law and walk away with millions.

McCain represents the same gimmicks that Washington has been using for years to sale their ideas to tax payers. Trust is gone and anyone who acts or emulates the same Bush type politics of distortion and gimmicks is not going to get our vote.

The Washington crisis won't end when we get out of this economic crisis. How can we get a bail out from the same Washington politics that ignores middle class, caters to the lobbyists, special interest groups, waste our tax dollars and use their office for self serving wealth while middle class pays the price. When there is a bail out bill to get rid of the waste and self serving politicians, they have my support.

re: The Bailout Bill Failed. Should We Blame McCain?

suzvoter47 — Mon, 29 Sep 2008 23:33:59 GMT

DO YOU REALLY THINK PELOSI WOULD HAVE CALLED FOR THE VOTE IF SHE DIDNT THINK SHE HAD THE BIPARTISAN VOTE FROM THE GOP, THEY HAD STATED ON SUNDAY THAT THE VOTES WOULD BE THERE AND THEY WERENT. THE GOP BLAMED HER AND MCCAIN BLAMED OBAMA. IM AN INDEPENDENT BUT LETS FACE IT THIS WALLSTREET NOW MAINSTREET MESS HAS BEEN HEADING OUR WAY FOR AWHILE AND I DONT RECALL TO MANY PEOPLE IN THE GOP SCREAMING FOR CHANGE WHEN THEY WERE IN POWER.

HOWEVER IT IS NOTED THAT OBAMA DID CALL FOR SERIOUS ACTION AND OVERSIGHT REGARDING THE MARKETS A YEAR OR MORE AGO TO DEAF EARS FROM THE ADMIN.

I DONT BLAME MCCAIN HOWVER HIS PARTY HAS BEEN IN POWER FOR THE MAJORITY OF THE TIME. THIS IS TOO MUCH LIKE THE PERFECT STORM OF FINANCIAL CRISIS'S HOWEVER, I THINK HE WENT OVER THE TOP BLAMING OBAMA. OBAMA CALLED FOR CALM IN THE FACE OF PANIC AND MCCAIN THROWS OUT THE BLAME CARD, IS THAT ALL HE KNOWS IN THE FACE OF CRISIS. PRESIDENTS NEED TO DO MORE THAN GET ANGRY AND BLAME. ONCE AGAIN THIS GOES TO HIS JUDGMENT AND CHARACTER. I FOR ONE DO NOT WANT AN INDIVIDUAL IN THE WHITE HOUSE THAT USES SUCH TACTICS AND POOR JUDGMENT. HAVENT WE ALL HAD ENOUGH I HAVE

INDEPENDENT FOR OBAMA

re: The Bailout Bill Failed. Should We Blame McCain?

CARidge — Mon, 29 Sep 2008 23:33:59 GMT

Hey Romano, YOU SAID: "The problem? A handful of the seventy-five House Republicans who had agreed to support the bill backed out at the last minute."

NO! THE DEMS CONTROL THE HOUSE! 95 DEMOCRATS DIDN'T VOTE FOR THE BILL! SO QUIT TRYING TO DO YOUR TYPICAL LIBERAL TRUTH MASSACRE!

The REASON that housing crisis happened is that the LIBERALS in Congress wanted to have "affirmative action" in mortgages, so they made Fannie Mae and Freddie Mac give RISKY LOANS to poor minorities and illegal aliens! They also COERCED banks to do the same. Now the chickens are really coming home to roost! These CRAZY liberal policies have nearly wrecked our economy. Let me ask you, does the bailout STOP the basic problem: does it MANDATE that we STOP giving loans to BAD RISK people that cannot pay them back? NO! The problem will return if the ROOT CAUSE is not identified and killed!

Now you want us to bail out everyone, socialize the banking system, without fixing the root cause! Then you want us to vote in Obama the socialist, whose buddies are the Fannie Mae and Freddie Mac bosses, who caused the problem in the first place?

Like Savage says, "Liberalism is a mental disorder!"

re: The Bailout Bill Failed. Should We Blame McCain?

runningslow — Mon, 29 Sep 2008 23:34:45 GMT

It is the media that is responsible for the reaction in the stock market. The financial instiuttions are responsible...and us as consumers for being greedy and not know what we get into before we sign our lives away. The media also decides who will be our next President. Who cares if McCain is at a 4 star dinner...Obama is on Entertainment tonight. Is it really important where he ate or what he ate? Let's get to what matters. Neither candidate wants to make a comment on the bail out plan because they are afraid of how it will affect their ratings. The members of Congress are afriad of not getting re-elected. In the mean time main street Americans lost alot of money today. I am a small independent business person. While my business has continually increased over the last 5 years. I am very involved in the community and make alot of donations. Do I cut back on payroll...stop making donations? It all trickles down...the younger generation does not realize that this affects all of us! If OBAMA is President I might go out of business even with a successfull history. It's time to get REAL...OBAMA is a good speaker BUT that is it! It's time for the media to look past the elegance...and get down to the real world.

Life is not about everythign being handed to you...it's about hard work...everyone doesn't get a trophy big house and a nice car just because...you have to WORK FOR IT! If I work for it...should I be penalized with more taxes? I am creating jobs for others...and contributing to society in many other ways.

Blame goes to everyone on the vote...supposedly the Democrats were in favor of this bill adn they only had a 60% majority...why didn't they all vote for it?

Doesn't matter at the end of the day..

re: The Bailout Bill Failed. Should We Blame McCain?

CARidge — Mon, 29 Sep 2008 23:38:02 GMT

No we shouldn't blame McCain, you Soviet-style liberal propagandist masquerading as a journalist! Blame your own #%@!$ party -- the Dems had the votes to win it, they just knew that the bill STUNK.

re: The Bailout Bill Failed. Should We Blame McCain?

C. MacLean — Mon, 29 Sep 2008 23:40:00 GMT

He didn't hurt the bill, he didn't help the bill. It's worse than that - he was irrelevant.

re: The Bailout Bill Failed. Should We Blame McCain?

pekopper — Mon, 29 Sep 2008 23:40:14 GMT

Why doesn't Pelosi get out of the vinyard for a while and pass a bill with the rest of the "real democrats" support that gives the Public a 90% ownership of equity. Call the bullies bluff. Go ahead, let the beady-eyed Bush veto it now. Democrats..., call their bluff and start representing the People while you have the chance. Let's get this money circulating amongs the People instead of the corporatists.

re: The Bailout Bill Failed. Should We Blame McCain?

suzvoter47 — Mon, 29 Sep 2008 23:41:38 GMT

TO ALL OF YOU WHOM FEEL THE NEED TO BLAME THE DEMS REMEMBER WHEN ALL THIS STARTED LAST WEEK AND OUR REPUBLICAN PRESIDENT WANTED THE BAILOUYT, IT WAS AGREED THAT IS WAS SUPPOSED TO BE DONE IN A BIPARTISAN MANNER. THATS WHERE THE PROBLEM NOW EXIST THE DEMS CAME UP WITH THERE VOTES AND EXPECTED AS THEY WERE TOLD BY THE MINORITY WHIP THAT THEY WOULD COME UP WITH ENOUGH FOR THIS TO BE A BIPRTISAN EFFORT AND SOLUTION.

WHAT HAPPENED TO THE GOPS EFFORT, THEY BLINDSIDED THE PROCESS. I HOPE WE ALL DONT PAY TOO HEAVILY. HAVE YOU CHECKED OUT THE ASIAN MARKETS THEY ARE NOT FAIRING WELL AT THE PRESENT TIME.

WE NEED A SOLUTION AND SOON, BY THE WAY IM AN INDEPENDENT AND THIS IS REALLY ABOUT DOING THE RIGHT THING BEFORE OUR COUNTRY TRULY GOES OVER THE CLIFF

re: The Bailout Bill Failed. Should We Blame McCain?

Justsaying Joe — Mon, 29 Sep 2008 23:51:28 GMT

All you guys and gals attacking Romano, do the math please. The House Republicans killed the measure. To blame it on getting upset by Pelosi's speech? Is this a Junior High School Student Council vote? Once again the Republicans are blaming everyone but themselves. Their president and their GOP-led congress for six years largely created this mess. This whole mess was created by Deregulation, a mantra sung by the "free-market conservatives" in the Republican party. And McCain? His flight to Washington last week to save the day reminded me of George Bush's flight to a naval ship with the sign "Mission Accomplished." I'm not even a Democrat. I'm an independent and have voted both ways in the last thirtyy years. But this shenanigan by Bush and McCain don't measure up to Reagan or Nixon. It's shameful. The Republicans' hypocrisy is despicable, only surpassed by the Democrats' incompetence. God help this country.

re: The Bailout Bill Failed. Should We Blame McCain?

dunnhaupt — Mon, 29 Sep 2008 23:54:19 GMT

McCain is the fool who rushes in where angels fear to tread. He achieved absolutely nothing, merely created confusion, perhaps even delaying the vote by a day. An admitted ignoramus in all economic matters, his presence was less than helpful. The cancellation of the debate was merely a stunt he had already tried once before in 1999 to prop up a failing campaign.

re: The Bailout Bill Failed. Should We Blame McCain?

runningslow — Tue, 30 Sep 2008 00:00:29 GMT

Honestly...don't you think it is your job to inform the American people of the truth..on both sides not just your own opinion?

re: The Bailout Bill Failed. Should We Blame McCain?

jefflz — Tue, 30 Sep 2008 00:04:46 GMT

Of course he is to blame!! Here is proof of McCain's "Me First, Country Last" behavior: House Republican Whip Roy Blunt of Missouri is a lead negotiator. In an interview on MSNBC, Blunt said Republican presidential candidate John McCain's involvement in the discussion yesterday ``stopped a deal from finalizing.'' McCain, in his flailing attempts to regain momentum, is making a mockery of this election. He wanted to be the "Maverick" who came to DC to be the Leader in bailout negotiations. With Bush's help he planned to look like he brought everyone together. The attempt to inject himself into the process and gain headlines was a waste of valuable time. Now it has failed and we will all pay for his arrogance and deceit.

re: The Bailout Bill Failed. Should We Blame McCain?

Cantabrigian — Tue, 30 Sep 2008 00:05:32 GMT

Who in their right mind will give $700 BILLION to the man who got the country into this financial mess????

THE ROOT OF THIS CRISIS IS GREED. . . GREED OF THE MONEY LEMDERS TO GET BIGGER BONUSES, GREED OF WALL STREET WITH THEIR MILLION DOLLAR CHRISTMAS BONUS AND THEIR MULTI MILLION DOLLAR PARACHUTE PACKAGES, ALTHOUGH THEY WERE LOUSY MANAGERS:

THEN ON THE OTHER HAND WE HAVE THE CONSUMERS WHO SIGNED FOR MORTGAGES THEY COULD NOT AFFORD, AND CONTINUED TO MAX OUT THEIR CREDIT CARDS . . . AND THEN GOT MORE CREDIT CARDS . . . THE CONSUMER WHO COULDN'T SAY NO TO THEIR BUYING HABITS!

re: The Bailout Bill Failed. Should We Blame McCain?

Rametyn — Tue, 30 Sep 2008 00:06:28 GMT

Here is the true ridiculous nature of all this--Dems--Yes, Dems let this bill slip by today, and that is a fact. For all of you who say we need something fast--you can blame who is in control of congress--te lack of a majority from Dems is why it failed, and all they can do is say that this happened because of the GOP. Well, wowee wow wow. Just why hasn't the GOP been able to pull this stuff off before when there was a bill they hated on all parts?

This is the least productive Congress since the 1920's and THAT IS A FACT TOO! Look up the numbers.

And last but not least--when the bill looks like it may pass then the media says Mccain had little to do with helping it along--even when asked if he had any influence over it--OBAMA himself said with one word, "No."

But then--laughably--when it does not go through--then duh, duh, duhhhh! It was all Mccain's fault somehow.

LOL

This blame game, politicizing the truth, make up crap as you go along sort of poltics just so you can win--all the while letting you're country slide down the economic tubes__WHILE SAYING DEMS ARE STRONGEST ON THIS ISSUE, WHEN THE STOCK MARKET IS DROPPING BECAUSE OF WHAT THEY ARE DOING__has now put legitimate reporting in accurate league with the bat boy story from the National Enquirer as perhaps seeming more credible.

The saddest part in all sides of this: that the media has successfully pandered its lies to you in order to sway the election the way that they have wanted, and our country is now sitting in the palms of their hands--God help us if they are wrong. The ability for people to be free--to think for themselves--is not being stolen by the government--it is being ripped from our lives by the people on TV who tell us what they want us to believe.

Nancy Pelosi's rant--right before this vote--was abominable--unspeakable. It costs votes, and that is also a fact. If she wanted to criticize Bush so much, she could have at least had the wisdom to wait UNTIL AFTER THE VOTE WAS OVER!

The dow tanked 777 points today--and the Dems are worried more about who is going to get credit for a passed bill.

Thank you my dear "forward pregressive thinkers." I just can't wait until Obama gets voted in, and then raises taxes on top of all of this. For in truth, when that happens, it will be over--and there will be no hope of recuperating at all.

That is also a fact.

re: The Bailout Bill Failed. Should We Blame McCain?

Justsaying Joe — Tue, 30 Sep 2008 00:09:00 GMT

Hey Pekoper, I agree with you that Maverick McCain is phony. Just to set the record straight, McCain likes to portray himself as a military hero. He's like W. Bush masquerading as a Commander-in-Chief, when it was Cheney-Rumsfeld who were calling the shots. Here are the facts on McCain's military heroism. He finished near the bottom, I mean within a few places, in the bottom of his naval academy class. He downed a few planes in his short career, I mean his own planes, far more than expected of a flight combat hero. And lastly, he was a prisoner, he was not a combat hero. Hard to agree with the truth, but Wesley Clark was right. McCain is hardly a military hero. Why is this important? He is behaving in exactly the same way now. Reckless. Aimless. Irresponsible. Except now he's not just crashing his own plane. As a president, he would be crashing this country, just like W. Bush. Two untalented, ungifted career opportunists. McCain is a disgrace to the true military heroes who have given their lives to win battles, win wars and make genuine contributions to this country. Mission Accomplished, he is not.

re: The Bailout Bill Failed. Should We Blame McCain?

Justsaying Joe — Tue, 30 Sep 2008 00:11:02 GMT

re: The Bailout Bill Failed. Should We Blame McCain?

Rametyn — Tue, 30 Sep 2008 00:21:58 GMT

John Kerry even just admitted to Bill O'Reilly that what Nancy pelosi did today was "absurd."

Happening now.

The Dems, according to Kerry, are aware that the public will be outraged that a bill was passed to bail out Wall Street, and admits also, that while this IS what has to happen--they are all angry because they are the ones who are going to get blamed for voting to pass the bill.

Sick. Sick.

They will let this country fall completely apart rather than have to take responsibility for anything that may cost them "VOTES."

It is all about maintaining that ivory tower, not about the people.

If there was a drought, and an orphanage was on fire, Dems in Congress would actually take time to ponder whether they would lose more votes by saving some kids from burning to death, or by wasting the country's water supply by putting it out.

re: The Bailout Bill Failed. Should We Blame McCain?

cranky1 — Tue, 30 Sep 2008 00:27:41 GMT

I view McCain's return to Washington as an act of LEADERSHIP. In my job, it is not reasonable to exert as much influence over the telephone as it is in face to face dialog. I do not see his job as any different and I appreciate his willingness to set aside this debacle of an election for the sake of this country's best interest. Apparently the dems who rely on a WELFARE state, did not share the sense of urgency that should have been demonstrated given our financial crisis. In contrast to McCain, Obama clearly showed how he'd respond to that 3AM call ..um, let me know if you need me. How inept! Pelosi sealed the deal (or rather lack of) by way of her partisan comments in an effort to sway the nation. Shame on her!!! She and Dodd should be fired and I hope the voters do just that! Dems, what were you thinking when you overlooked Hillary? At least, she "gets it" even though she may disagree with Republicans as to how to achieve it! Obama just doesn't get it!!

re: The Bailout Bill Failed. Should We Blame McCain?

Rametyn — Tue, 30 Sep 2008 00:30:01 GMT

Wow Joe,

Even the Democratic Party's Leaders do no deny Mccain was a war hero. Calling Mccain's service a disgrace only goes to show how low and without character you people are. That you would demean someone--who suffered at great cost--who was permanantley maimed for life while serving his country--just so you can win an election is just scraping the bottom of the crud barrel.

And this is just a hunch, but I'd bet there are even some Dems who read crap like that and say, "What a shame he has to be a member of our party. That comment was simply without merit, and disgusting."

In the moral weighing between you and Mccain--think about this--even he would not say something that disgraceful--even if he thought it would win him the race.

Gotta hurt--actually being more low than the person you despise so much.

Good for you.

re: The Bailout Bill Failed. Should We Blame McCain?

ChrisLPNM — Tue, 30 Sep 2008 00:34:55 GMT

I have had a lot of fun sparing with, and at times, teasing, the Republican's on this blog. But this really, and I mean really, pisses me off!

This is politics at it's worst. Nancy Pelosi had no business making the speach that she made towards the end of the debate. And republican's had no business claiming that it was her speach that caused them to pull their support - people should be bigger than that.

As far as I am concerned, everyone is to blame for this - republicans, democrats, independents. And the American public too. This culture of consume, consume, consume is completely out of control. Yes, I believe there were a few unsophisticated buyers that were snookered by unethical lending practices - but only a small percentage. For the rest, it was simply a question of greed. Why buy a modest 2,000 square foot house when you can leverage yourself to the hilt and buy a 5,000 square foot house?

This is a great big *** sandwich and we are all going to have to take a bite. There is no point in making recriminations or pointing fingers. The vast majority of us had a part to play in this mess. It is time we all held ourselves accountable instead of someone else and focus on fixing it rather than trying to figure out how to gain some advantage from it.

I am so disgusted right now that I want to vote them all out of office. It doesn't matter whether they are a republican or a democrat or an independent. Throw the lever for someone new, because the current crowd has completely, and utterly, failed.

re: The Bailout Bill Failed. Should We Blame McCain?

ray reyns — Tue, 30 Sep 2008 00:45:47 GMT

A maverick is a castrated steer that is wandering aimlessly causing havoc.... nothing more than that.

McCain displays all the attributes of a castrated man as well...he is full of false will and desperation...a lost man.

if you are a fence sitter, just give Obama a chance...the whole planet is teetering on the edge and the last thing we need is more Republican policy. Do you want to keep paying as we are all being forced to pay for the misguided administering of our country. we need steady and calm. intelligent and deep...not erratic, old and unpredictable with tendencies to bad and rash decisions (Palin).

Look deeper than some emotional loyalty to a party as there is too much at stake to have a castrated man running the ship.

re: The Bailout Bill Failed. Should We Blame McCain?

K@te — Tue, 30 Sep 2008 00:46:19 GMT

I completely agree with ChrisLPNM. I think that politicians create an image of "innocent" taxpayers, but these are the people voting, or not voting, them into office, so they have to pander a bit.

Maybe if we all just looked at this situation head-on, we could stop trying to affix the blame to one group or another and just come up with a workable solution.

re: The Bailout Bill Failed. Should We Blame McCain?

Zig Zag — Tue, 30 Sep 2008 00:54:19 GMT

You can't blame McCain for this - the guy is senile. For him, every day is a new day, like Bill Murray in groundhog day.

First he was against it, then he was for it, then he was suspending his campaing to prove to everyone how he could bridge the gap between parties, then he didn't - and now it is all the fault of the democrats.

What a boob!

re: The Bailout Bill Failed. Should We Blame McCain?

olderwiser — Tue, 30 Sep 2008 01:08:13 GMT

A man of action. Fast action. People of advanced age have what is called short term memory loss. Thoughts disappear quickly. If you don't act fast, then you forget what it was that you were going to do.

Look, there is a pretty governor. She could get the Hillary votes that Obama pissed off. Tell her that I want her to be my running partner. She's a governor. That's lots of experience. We might even make her look smarter than Obama. This is a brilliant move. Nobody will expect this. That's what I like. Quick and decisive action. Surprises. Just wait until I am president. What's her name again?

re: The Bailout Bill Failed. Should We Blame McCain?

SAGG — Tue, 30 Sep 2008 01:14:23 GMT

Posted By: FlaLady (September 29, 2008 at 4:31 PM)

Report Abuse

--------------------------------------------------------------------------------

Uh, don't YOU be ridiculous. The Dems delivered their share of votes here. The Repubs didn't. Just because the Repubs had their precious feelings hurt by Pelosi's speech doesn't let them get off scot free. Now, the Dems should be free to load this bill down with their own set of plans to protect the homeowners and taxpayers, and leave the Repubs out in the cold. Bush will have no choice but to go along with it, and the Dems will get the credit--and hopefully massive majorities in both Houses, along with a President Obama. Take THAT and put it where the sun don't shine.

re: The Bailout Bill Failed. Should We Blame McCain?

Jake_Utah — Tue, 30 Sep 2008 01:38:02 GMT

I am a Democrat but I don't think we can blame anyone for the failure of the bill to pass. The bill itself is a bandaid for a bigger problem that has been happening for the past eight years. I believe that the last eight years have been the blueprint for the mess we are in.

What I don't like about McCain at the moment is that when he thought the bill would pass, he was all gungho about drawing glory to himself ALONE and christening himself as the Messiah. And when it failed he just points to Obama.

Kinda of like when a kid is called to the principal's office, he drags someone else along. So if its a spanking he can point to the other kids butt to get the whack. But if its a reward, he would gladly consume it all by himself.

So I can't blame McCain for the failure of the bill to pass. But I do blame him for politicizing it despite claiming to be acting out of the goodness of his failing heart.

re: The Bailout Bill Failed. Should We Blame McCain?

olderwiser — Tue, 30 Sep 2008 01:44:00 GMT

Andrew Romano, our words are so strong that our sentences are gradually creeping under the ads on the right side. Or, on the other hand the ads are so strong that they are gradually creeping over our words. If we promise to write gentler words, could you ask the ads to lighten up a little so that we can read each other's insults as we blog? Thanks.

re: The Bailout Bill Failed. Should We Blame McCain?

Vypurr — Tue, 30 Sep 2008 01:48:37 GMT

Perusing Through,

Why would you bring pigs into this? What have they ever done to you that you would bring them down to your level?

re: The Bailout Bill Failed. Should We Blame McCain?

olderwiser — Tue, 30 Sep 2008 01:52:56 GMT

Pigs? Pigs? Who said Pigs?

re: The Bailout Bill Failed. Should We Blame McCain?

olderwiser — Tue, 30 Sep 2008 01:56:11 GMT

Pigs. That reminds me. If you kiss a frozen pipe it will make your lips stick.

re: The Bailout Bill Failed. Should We Blame McCain?

UndecidedVoterNowDecided — Tue, 30 Sep 2008 01:57:01 GMT

****Newsweek, can you PLEASE put this article on your Cover?********

As an undecided voter, I used to forgive McCain's shortcomings as a candidate (age, broken family, erratic statements, erratic stance on issues, non-sensible economic plan given his bent toward continuing war). But now, I am officially converted to Obama even if he has limited experience. At least he LISTENS to smart people-- McCain actually seems threatened and picks fights with intelligent people in his party (Paulson, Romney etc.,). He doesn't know what he doesn't know.

McCain's selection of Sarah Palin and now, this meddling in was an almost-resolved resolution that would bailout the American public (and NOT Wall Street-- how is it that people don't get the fundamental relationship between the health of the financial markets and their jobs, their retirement savings, their ability to get cars, buy homes, buy cheap stuff from Wal-Mart... its incredible) shows he's a bad man in addition to being much too an unreliable, obtuse and stubborn a person to lead a nation. If he truly cared about the American, he would have put in place a much better succession plan (Palin?) as well as allowed Congress to come to the resolution that was on the table last week and not insert himself oddly (as it highlighted the fact he was completely out of place) at such an important time. Then he worsened things for himself--- and looks incredibly unpatriotic-- by badmouthing the Democrats/Obama even though it was clear he himself had derailed talks. Ugh--- I'm sorry I'm going on and on but I feel crushed by the fact that McCain has proven himself to be too much like my 82 year old dad with dementia in his stubborness, misguided efforts, and poor judgement -- it makes me really sad... and convinced if he wins, this Country is going down the toilet.

re: The Bailout Bill Failed. Should We Blame McCain?

olderwiser — Tue, 30 Sep 2008 01:58:03 GMT

I mean, after all, didn't you hear her try to make a full sentence by herself with Katie Couric?

re: The Bailout Bill Failed. Should We Blame McCain?

franb — Tue, 30 Sep 2008 02:01:41 GMT

It's clear that McCain should accept the lion's ashare of the blame for this ess. He staked his credibility on his ability to work across the aisles to get a deal, and in a meaningless piece of grandstanding announced that he was pulling out tf the debate and suspending his campaign to get it done.

As it turned out, he brought neither ideas nor insight to the table, He was like a sales rep who goes to the door without his samples and tries to make up for it by smiling nicely and talking football. It's not surprising that his fellow Republicans ran him out of town.

And then the so called "straight talk express" started saying that "substantial progress has been made" so that he could justify returning to Oxford for the debate. Nobody believed that, and most moticed the shgift in the goalposts, The vote underlined that he was writing checks his butt couldn't keep. Not a president, not a plain dealer, McCain is just a loudmouthed cantankerous old man with an inflated sense of his own importance and a willingness to spin to maintain the pretense to others.

That said, the deal was silly on the face of it. Really, if you are goiung to have a deregulated system, you can't abandon it the moment that 'moral hazard' comes into play. If there are to be no market based penalties for not doing due diligence, then you might as well open the US treasury and invite anyone with a suit walking past to help himself.

In my opinion, Congress should identify which assets are worth saving -- houses, businesses, plant and equipment and so forth, and set aside money through some strategic purchasing body (let's call it the SPB), to buy these assets when they come up at auction. That way, assets worth saving will be purchased at close to the true market price. People who have been stupid or criminal will be unsecured creditors, standing behind the IRS and secured creditors in the queue. There will be no room for golden parachutes in this or even room to pay out existing corporate contracts.

The SPB could then lease out its assets to those who could make good use of them Existing householders could rent at some fraction of the purchase price or some person buying the asset could be offered a deal to lease the property to the SPB which coiuld then let it to someone who needed it.

Similarly, with plant and equipment, people could tender to lease and operate it and an independent and qualified board could assess tenders for merit.

Doing this would cost a fraction of the funds needed to acquire and hold to maturity "toxic debt" and it would cut the CEOs and schysters completely out of the feeding trough.

That's what needs to happen, IMO.

re: The Bailout Bill Failed. Should We Blame McCain?

dinsil — Tue, 30 Sep 2008 02:04:51 GMT

BREAKING NEWS: " OBAMA INELIGIBLE TO RUN FOR PRESIDENT BECAUSE HE WAS OF KENYAN CITIZENSHIP WHEN HE WAS BORN IN HAWAA!I "

Finally the truth has been uncovered. According to the US Constitution, as Obama was NOT an American citizen when he was born in Hawaii, it will eliminate him from running for presidency. Copy & paste the following link on your browser:

http://newsbusters.org/blogs/p-j-gladnick/2008/09/29/fight-smears-website-admits-obama-was-kenyan-citizen-wheres-msm

re: The Bailout Bill Failed. Should We Blame McCain?

emmarcee — Tue, 30 Sep 2008 02:14:57 GMT

oFCOURSE oBAMA IS BLAME FREE BEACAUSE - HE DID NOTHING.!!

re: The Bailout Bill Failed. Should We Blame McCain?

jackson25 — Tue, 30 Sep 2008 02:57:15 GMT

McCain is exasperating. He reminds me of a bratty 5th grade student, who will say absolutely anything to get his way. Maybe old age does lead to a second childhood. He'd have had my vote if he just played by any sort of rules at all, but he looks more and more like a loose cannon. His self-proclaimed "maverick" status might work for some, but he has convinced me he will lie, cheat, and yeah, maybe even steal to get where he wants to go, Maybe he hopes people his age will subliminally think of James Gardner (the TV Maverick) when he calls himself a Maverick, but he's more reminiscent of Ford's crappy old hunk of junk Maverick from the 70's. And his role in this economic collapse can't help but remind me of the Keating 5. He might rail against earmarks and pork, but he still sells himself to special interests.

re: The Bailout Bill Failed. Should We Blame McCain?

jackson25 — Tue, 30 Sep 2008 02:57:20 GMT

re: The Bailout Bill Failed. Should We Blame McCain?

caraprado — Tue, 30 Sep 2008 03:07:14 GMT

From:

Head of State

http://headofstate.blogspot.com/2008/09/draw-your-conclusions.html

Monday, September 29, 2008

Draw Your Conclusions

The bailout bill was brought forward by a Republican administration.

Over 2/3rds of Democrats voted for it.

John McCain said that he would deliver the votes of Republicans.

He "suspended his campaign" to do it.

He made this a central test of his leadership by doing so.

He said he would not attend the debate unless the bailout bill passed.

He attended the debate.

He failed to deliver the Republican votes.

The bill did not pass.

Draw your conclusions.

Cite:

Head of State

http://headofstate.blogspot.com/2008/09/draw-your-conclusions.html

re: The Bailout Bill Failed. Should We Blame McCain?

Caleb Murdock — Tue, 30 Sep 2008 03:22:54 GMT

I've never seen you take such a strong, moral position on any issue. I think it's refreshing!

If McCain had gone to those revolting House Republicans and argued in favor of the bailout, perhaps it would have passed. It seems he went to Washington and did next to nothing.

By the way, what you say about the House Republicans is absolutely true: You don't sell out your country because you're miffed!

re: The Bailout Bill Failed. Should We Blame McCain?

Kara Elizabeth West — Tue, 30 Sep 2008 03:30:52 GMT

At least McCain recognized the seriousness of the crisis. It now seems like working on getting the bill passed was definitely more important than Obama's precious debate. Obama was not proactive in getting the bill passed. He wasn't a hero when he could have been, when he could have shown leadership. I know it isn't fair to expect the Dems to deliver more than their "fair share" of votes. But who can possibly call the world we're in fair--just swallow the bitter pill. Isn't this about saving the country? The Republicans AND the Democrats failed us. Equally. Maybe God finally decided to teach his children a lesson about getting along by letting us face tragic consequences.

re: The Bailout Bill Failed. Should We Blame McCain?

babybear — Tue, 30 Sep 2008 03:52:43 GMT

Andrew

your writing is getting better and better as the last 20 months of the campaigns roll out. I was one of the few people that thought you line about "Obama is on fire" in the snows of New Hampshire was right on the mark. You walked that one back in a following article, but at that moment in history, you were on the scene, and that is how it really was.

Let's face it. John McCain is a scumbag and all that nonsense about him being a Maverick, and a friend to the press, was a con job. He is a whore and he has always been a whore.

bobby taylor

Clifton Forge, Virginia

re: The Bailout Bill Failed. Should We Blame McCain?

Jim Mc — Tue, 30 Sep 2008 04:13:05 GMT

If the bill would have passed, McCain was all set to take all the credit.

Since it failed he immediately blamed "Obama and the Democrats".

He is NO LEADER.

He might have been a hero at one time in his life.

Now he is a spineless, unethical, egomanial liar who will do ANYTHING, and say ANYTHING to become president.

re: The Bailout Bill Failed. Should We Blame McCain?

timrogers — Tue, 30 Sep 2008 04:13:07 GMT

McCain's behavior shows exactly how erratic he will act as President. He has always been a hothead and impulsive. He likes to think his 'mavrick' qualities make him into a decisive leader when most of the time they actually make him into a foolish and slightly clueless bully. He was a heroic POW so much is overlooked and forgiven. Its time to start looking a little more and forgiving a little less. The man who would be President should be able to act Presidential once and a while.

re: The Bailout Bill Failed. Should We Blame McCain?

benkrapf — Tue, 30 Sep 2008 04:20:40 GMT

Naw, Jim Mc.

He never was a hero. Simple military service does not a hero make.

He's just a crotchety dude with a Napoleonic complex.

re: The Bailout Bill Failed. Should We Blame McCain?

ullamau — Tue, 30 Sep 2008 04:31:02 GMT

If the bailout had been passed you certainly wouldn't have been giving John McCain any credit, but how convenient that you can blame it on him now! Oh, sorry...I forgot...you're a member of the left wing media.

If Nancy Pelosi wanted a bipartisan vote, then she should have kept her partisan mouth shut.

Andrew, you should learn to write in a bipartisan manner. I prefer people who report the facts without their slant, either left or right, and let me decide.

re: The Bailout Bill Failed. Should We Blame McCain?

Perusing-through — Tue, 30 Sep 2008 04:55:53 GMT

IT IS JOHN McSAME and the HOUSE REPUBLICANS FAULT . . .

[1.] - While the global market burns; House Republicans fiddle.

[2.] - While Wall Street crashes and Asian markets follow; House Republicans play poker.

[3.] - While Main Street lay tied down on tracks as train barrels down hill towards them; House Republicans play musical chairs.

[4.] - While the nation disintegrates; John McRisky looks for camera to stand in front of so he can blame anybody just to get his poll numbers up.

WILL SOMEBODY COME AND GET "JOHN McGAMBLER" OUT OF HERE.

ROMNEY, HUCKABEE, PAWLENTY, WHERE ARE YOU, , , PLEASE!!

GOD HELP US!!

re: The Bailout Bill Failed. Should We Blame McCain?

Left Coaster — Tue, 30 Sep 2008 04:56:24 GMT

When oh when will John McCain just go away and let the rest of us get to work cleaning up George Bush's mess? The Dow is lower now than when he first took the oath?

Are you better off than you were 8 years ago, America?

re: The Bailout Bill Failed. Should We Blame McCain?

getzel — Tue, 30 Sep 2008 05:06:33 GMT

A better plan to fix liquidity for less than $700 Billion : 1)Moratorium all mortgage payments on all residential real estate for 5 years or until the houses are sold. This is cheaper and guaranteed to jump start the economy. 2) raise the FDIC insurance to $1 million on bank accounts; this will get money out of treasuries and into bank deposits: liquidity. 3) Means test all new home loans on 29% and 33% debt ratios and minimum down payments from 10% to 33% depending on the home cost. 4) Home equity loans should be for home improvements only.

5) Credit cards should be on net 30 basis only; if you can not afford it do not buy it. 6) special finance arrangements should be available for longer term purchases like cars, but not toasters and certainly not soap.

re: The Bailout Bill Failed. Should We Blame McCain?

Mr.tutto — Tue, 30 Sep 2008 05:09:33 GMT

Yes blame John McCain..... trying to take credit before the bill is even passed. He makes a big deal about reaching across the aisle. He wasn't even able to deliver the votes from his own House.......What a useless excuse for a human being. He shows up on his horse in Washington, does nothing.... leaves ,makes a few phone calls to his buddies. They don't listen to him. He has egg on his face and then tries to blame Obama..... The Republicans killed this bill and yes they don't give a s*h*i*t about Bush or McCain or this country.

re: The Bailout Bill Failed. Should We Blame McCain?

gotlin — Tue, 30 Sep 2008 05:24:24 GMT

Mc Cain spoke out of both sides of his mouth. He blew it and was eating at a nice restaurant with Lieberman while the congress was eating pizza nd working into the night. Mc Cain is dead.

re: The Bailout Bill Failed. Should We Blame McCain?

getzel — Tue, 30 Sep 2008 05:39:12 GMT

re: The Bailout Bill Failed. Should We Blame McCain?

getzel — Tue, 30 Sep 2008 05:47:33 GMT

re: The Bailout Bill Failed. Should We Blame McCain?

TruthBhad — Tue, 30 Sep 2008 05:48:23 GMT

"Mc Cain spoke out of both sides of his mouth." Eh?

Try Obama.... :

See what Obama Received in contributions………….. #2 Recipient of Campaign contributions from Fannie…

GO HERE:

FOX NEWS:

http://www.youtube.com/watch?v=YGnZMGDG4k4

McCain does not even come close to Obama…NOT EVEN CLOSE…

GO HER: What Caused this Crisis…it was Democratic polices NOT Republicans…:

http://www.youtube.com/user/TheMouthPeace

Play the following videos:

“Burning Down The House: What Caused Our Economic Crisis? V3”

and

“Burning Down The House: What Caused Our Economic Crisis? V2”

and

"Covering Your Fannie, Who Really Caused Our Economic Crisis?"

These videos speak to for themselves.

The DEMOCRATS are GUILTY in starting this sub-prime mortgage mess.

WHY ISN'T THE ABOVE BEING REPORTED ?????????????????????

McCain tried to stop it and was blocked by the DEMOCRATS

STILL DON’T BELIEVE?

GO HERE:

http://www.investors.com/editorial/IBDArticles.asp?artsec=16&artnum=1&issue=20080918

then

GO HERE:

http://www.realestatejournal.com/buysell/mortgages/20070420-hagerty.html

then

GO HERE:

http://www.investors.com/editorial/IBDArticles.asp?artsec=16&artnum=1&issue=20080918

then

GO HERE:

http://www.businessandmedia.org/printer/2008/20080924145932.aspx

then

GO HERE:

http://en.wikipedia.org/wiki/Community_Reinvestment_Act

then

GO HERE:

http://query.nytimes.com/gst/fullpage.html?res=9E06E3D6123BF932A2575AC0A9659C8B63

then

GO HERE:

http://query.nytimes.com/gst/fullpage.html?res=9C0DE7DB153EF933A0575AC0A96F958260

then

GO HERE:

http://online.wsj.com/article/SB122247015469280723.html?mod=googlenews_wsj

…and what PROOF do you have? Obama’s “good” word?

TBH

re: The Bailout Bill Failed. Should We Blame McCain?

ik.nha.tun@gmail.com — Tue, 30 Sep 2008 06:25:27 GMT

'THE POLITICKING LIAR' AS HE WILL BE REFER ED TO UNTIL HE PROVES OTHERWISE .....

At a speech today made these pointless, deceitful comments....COLUMBUS, Ohio -- Despite having insisted that his announcement last week of a temporary campaign suspension was not political,(IT WAS) Sen. John McCain made it clear today that he plans to use his return to Washington, D.C., as campaign fodder in the last five weeks before election day.

In a speech here before several supporters, McCain bragged about having played a leading role in the congressional agreement on a $700 billion financial sector bailout.

FACT CHECK: In fact, McCain spent very little time in face-to-face negotiations on Capitol Hill, leaving his advisers to explain, as top aide Mark Salter did, that "He's calling members on both sides, talking to people in the administration, helping out as he can.... He can effectively do what he needs to do by phone.''

MCCAIN LIES IN SPEECH.....

"I went to Washington last week to make sure that the taxpayers of Ohio and across this great country were not left footing the bill for mistakes made on Wall Street and evil and greed in Washington," he said.

(McCain failed to mention his visit too Washington disrupted the talks and caused more republicans to withhold there support for the bill. His visit was in fact a TRAVESTY, that some law-makers called for McCain to leave town)

And he accused Sen. Barack Obama of "watching from the sidelines," despite Obama's similar return to Washington last week and a pledge by McCain and his top aides not to politicize the discussions.

THE POLITICIZING LIAR POLITICIZES THE DISCUSSION....

Today, in Ohio, McCain's tone was very different.

"As a matter of record, Senator Obama took a very different approach to the crisis our country faced," McCain said. "At first he didn't want to get involved. Then he was 'monitoring the situation.' That's not leadership -- that's watching from the sidelines."

McCain speaking with a forked tongue last week, "My friends this is no time for Partisan politics let's get together and fix this thing I am suspending my campaign and heading back to Washington they need me"

re: The Bailout Bill Failed. Should We Blame McCain?

ik.nha.tun@gmail.com — Tue, 30 Sep 2008 06:25:30 GMT

'THE POLITICKING LIAR' AS HE WILL BE REFER ED TO UNTIL HE PROVES OTHERWISE .....

In a speech here before several supporters, McCain bragged about having played a leading role in the congressional agreement on a $700 billion financial sector bailout.

MCCAIN LIES IN SPEECH.....

And he accused Sen. Barack Obama of "watching from the sidelines," despite Obama's similar return to Washington last week and a pledge by McCain and his top aides not to politicize the discussions.

THE POLITICIZING LIAR POLITICIZES THE DISCUSSION....

Today, in Ohio, McCain's tone was very different.

re: The Bailout Bill Failed. Should We Blame McCain?

ik.nha.tun@gmail.com — Tue, 30 Sep 2008 06:25:34 GMT

'THE POLITICKING LIAR' AS HE WILL BE REFER ED TO UNTIL HE PROVES OTHERWISE .....

In a speech here before several supporters, McCain bragged about having played a leading role in the congressional agreement on a $700 billion financial sector bailout.

MCCAIN LIES IN SPEECH.....

And he accused Sen. Barack Obama of "watching from the sidelines," despite Obama's similar return to Washington last week and a pledge by McCain and his top aides not to politicize the discussions.

THE POLITICIZING LIAR POLITICIZES THE DISCUSSION....

Today, in Ohio, McCain's tone was very different.

re: The Bailout Bill Failed. Should We Blame McCain?

ik.nha.tun@gmail.com — Tue, 30 Sep 2008 06:25:34 GMT

'THE POLITICKING LIAR' AS HE WILL BE REFER ED TO UNTIL HE PROVES OTHERWISE .....

In a speech here before several supporters, McCain bragged about having played a leading role in the congressional agreement on a $700 billion financial sector bailout.

MCCAIN LIES IN SPEECH.....

And he accused Sen. Barack Obama of "watching from the sidelines," despite Obama's similar return to Washington last week and a pledge by McCain and his top aides not to politicize the discussions.

THE POLITICIZING LIAR POLITICIZES THE DISCUSSION....

Today, in Ohio, McCain's tone was very different.

re: The Bailout Bill Failed. Should We Blame McCain?

ik.nha.tun@gmail.com — Tue, 30 Sep 2008 06:25:34 GMT

'THE POLITICKING LIAR' AS HE WILL BE REFER ED TO UNTIL HE PROVES OTHERWISE .....

In a speech here before several supporters, McCain bragged about having played a leading role in the congressional agreement on a $700 billion financial sector bailout.

MCCAIN LIES IN SPEECH.....

And he accused Sen. Barack Obama of "watching from the sidelines," despite Obama's similar return to Washington last week and a pledge by McCain and his top aides not to politicize the discussions.

THE POLITICIZING LIAR POLITICIZES THE DISCUSSION....

Today, in Ohio, McCain's tone was very different.

re: The Bailout Bill Failed. Should We Blame McCain?

ik.nha.tun@gmail.com — Tue, 30 Sep 2008 06:25:34 GMT

'THE POLITICKING LIAR' AS HE WILL BE REFER ED TO UNTIL HE PROVES OTHERWISE .....

In a speech here before several supporters, McCain bragged about having played a leading role in the congressional agreement on a $700 billion financial sector bailout.

MCCAIN LIES IN SPEECH.....

And he accused Sen. Barack Obama of "watching from the sidelines," despite Obama's similar return to Washington last week and a pledge by McCain and his top aides not to politicize the discussions.

THE POLITICIZING LIAR POLITICIZES THE DISCUSSION....

Today, in Ohio, McCain's tone was very different.

re: The Bailout Bill Failed. Should We Blame McCain?

ik.nha.tun@gmail.com — Tue, 30 Sep 2008 06:25:35 GMT

'THE POLITICKING LIAR' AS HE WILL BE REFER ED TO UNTIL HE PROVES OTHERWISE .....

In a speech here before several supporters, McCain bragged about having played a leading role in the congressional agreement on a $700 billion financial sector bailout.

MCCAIN LIES IN SPEECH.....

And he accused Sen. Barack Obama of "watching from the sidelines," despite Obama's similar return to Washington last week and a pledge by McCain and his top aides not to politicize the discussions.

THE POLITICIZING LIAR POLITICIZES THE DISCUSSION....

Today, in Ohio, McCain's tone was very different.

re: The Bailout Bill Failed. Should We Blame McCain?

bdhotwheel — Tue, 30 Sep 2008 07:07:39 GMT

It doesn't matter what puppet we put in President. The bottom line is that these chronies are trying to fulfill prophecy. This election reveals that the best candidates that both parties can muster are an old man and a studdering fool. The Amero is coming to North America. The dollar will no longer be the currency of choice. Mark my words, NAFTA and the North American Countries have been working on this. They will make it happen. The dollar is crumbling and the US needs to go back to gold! http://www.youtube.com/watch?v=6hiPrsc9g98

re: The Bailout Bill Failed. Should We Blame McCain?

getzel — Tue, 30 Sep 2008 11:23:56 GMT

re: The Bailout Bill Failed. Should We Blame McCain?

RO in Reno — Tue, 30 Sep 2008 13:39:05 GMT

I've long thought the best thing McCain could do

for America is too suspend his campaign.

Now he can go back to Washington and work to

solve the economic crisis, even if the bailout bill

should pass it will be many years before the crisis is

behind us, probably more years than McCain has.

But it will be good for him and for America, he could

still vote to lower tax's on the very people who caused

the crisis, but it will keep him busy to the end.

Lets just hope he is serious and will keep his word that

he will suspend his campaign until it is solved.

until it is solved.

re: The Bailout Bill Failed. Should We Blame McCain?

max in fl — Tue, 30 Sep 2008 14:02:29 GMT

loriw

I really hope you were kidding. McCain went to Washington and did what exactly? By going to Washington we can blame him for the market dropping -777 points. The taxpayers REALLY received their money's worth. McCain wanted to show he was a leader by going and FAILED. This is what we could expect from his presidency, but at least his lobbyists (especially Big Oil companies) will be happy.

re: The Bailout Bill Failed. Should We Blame McCain?

getzel — Tue, 30 Sep 2008 14:17:28 GMT

re: The Bailout Bill Failed. Should We Blame McCain?

atoh — Tue, 30 Sep 2008 14:49:12 GMT

The delicate nature of th negotiations required exactly the approach taken by Barack Obama, working behind the scenes, not injecting his presidential ambitions into the process so that both sides of the aisle could work together. Obama knew that if he were to make a public move to get involved directly, resistence would build up in the republican side. When John McCain 'suspended' his campaign and went to washington, he did the exact opposite and upset the delicate consensus by coloring with partisan politics. The facts are there for everyone to see. Given, Nancy Pelosi's remarks were unconstructive and deplorable, but for the republicans to claim that they voted 'no' because their feelings were hurt is ridiculous, since they were supposed to act in the interest of the nation. We have to get our facts straight...Before McCain got involved, it WAS a bipartisan discussion, with leaders of both houses making joint statements. John McCain's dangerous stunt last week is the single catalyst that upset the process, and his pre-empting the result and trying to claim credit before it passed is crass and brazen self-promotion, further stoking partisan divide. John McCain, after his public display of reckless self-serving behavior, has ZERO EQUITY to be blaming Obama, who initially preferred to work behind the scenes to ensure taxpayer interests were included in the plan, who instead of stoking further divisions came out to the nation and gave both parties credit, and instead of playing the blame game came out and implored the nation to be calm, reminded them about the importance of this bill, and rallied for confidence. John McCain has proven to be a very dangerous element indeed, and has demonstrated this past week that he is willing to put the nation at risk for his ambitions....but the sad truth is, his followers continues to ignore his actions and follow his baseless claims. it is a sad time for the country, where we are so obscured by our prejudice that we can no longer discern between right or wrong. Very sad time.

re: The Bailout Bill Failed. Should We Blame McCain?

ChuckGoodman — Tue, 30 Sep 2008 15:18:53 GMT

Fire Nancy polNancy Pelosi and Harry Reid should resign. They are the two biggest do nothing so called leaders the Senate and House have ever had. Compare their records to anyone before them. The President is not in position to pass laws. Passing laws are the legislative branch responsibility. We have not had a decent leader from the Democratic Party since Tip O’Neil and that includes Kennedy, Hillary and of course Mr. Present

Obama-nation. Nancy Pelosi and Harry Reid serve no purpose to man kind except maybe, maybe their families. Nancy and Harry have had two years to get their priorities right yet they chose to do nothing, absolutely nothing for the betterment of the United States of America. What useless do nothings they are for sullying America. If we are going to point fingers Nasty Nancy and Horrible Harry are who we should bring to light.

re: The Bailout Bill Failed. Should We Blame McCain?

mrzoid — Tue, 30 Sep 2008 15:51:51 GMT

What impact did McCain have? Slim to none.

He just comes of looking the fool in this whole thing.

The bill not passing wasn't his fault, the grandstanding was.

re: The Bailout Bill Failed. Should We Blame McCain?

blackcourt — Tue, 30 Sep 2008 16:01:35 GMT

I find myself wondering if this Romano kid is being paid by the Obama campaign. Its not bad enough that I can't turn MSNBC on at home without being bombarded with anti-McCain garbage but now we are getting a full frontal assault on all sides? Whatever happened to journalistic integrity? This whole article is a bunch of BS. Democrats were made that McCain got involved in this situation from the beginning and said that they weren't going to pass anything that might involve McCain... why? Because they simply didn't want to share the credit. Lets at least give both sides of the message... why? Because they are both wrong.

re: The Bailout Bill Failed. Should We Blame McCain?

ASell — Tue, 30 Sep 2008 16:13:26 GMT

Nancy Pelosi is and idiot for saying what she said but please don't use this as an EXCUSE for not putting your country first. Republicans should have delivered but they didn't. The bill is sponsored by the GOP president yet everyone still want's to blame Democrats. Everyone needs to stop blaming each other and realize that if something is not done soon people's life savings will be gone, people will not be able to buy houses, people will lose jobs, and America will lose its position as a world class economy.

And to Sen. McCain, if you're ready to claim victory for the passing of this bill, then demonstrate some actual leadership and claim some responsibility for it's failure. Blaming Sen. Obama and other democrats makes you look pathetic.

re: The Bailout Bill Failed. Should We Blame McCain?

lw/w&w — Tue, 30 Sep 2008 16:24:15 GMT

I agree with Blackcourt, Romano and most of MSM seems to be forever on Obama's side. Sure, part of McCain's reason for going to the Capitol was political; but I honsetly belive that he wanted to be there to do something to help in this crisis. And I think that if Obama had any ideas, good or otherwise, he should have made it his business to be there, too. After all, the one job that he does have at the moment is that of a Senator. Campaigning for President is not what the people of Chicago elected him for. Why do we not hear any criticism of Obama for lying low during the crisis untill Bush asked him to come? I am sure that everyone was getting phone calls. If your house was on fire and you were at work, would you tell the firemen to keep you up to date? Or would you be there to see for yourself?

re: The Bailout Bill Failed. Should We Blame McCain?

MoJabar — Tue, 30 Sep 2008 16:27:36 GMT

He's old and confused; he thought and said that the "fundamentals of the economy are still sound." That was on September 15th; then within 24 hours said the economy was in crisis. He doesn't know what he thinks until somebody tells him what he thinks. It was funny when he said that the fundamentals of the economy are the American worker; If he ever had an economics course in college the year would have been 1954, but even then I doubt if the American worker was considered a 'fundamental of the economy.' What a moron.

re: The Bailout Bill Failed. Should We Blame McCain?

ChuckGoodman — Tue, 30 Sep 2008 16:33:00 GMT

What truly meaningful legislation have Nasty Nancy or Horrible Harry brought forth for the betterment of the economy……NONE, NONE, NONE!!!!!!!!!!!!!!!!! If they were have the leaders that Tip O’Neil was we wouldn’t be in this calamity. They both are record breaking failures.

re: The Bailout Bill Failed. Should We Blame McCain?

ChuckGoodman — Tue, 30 Sep 2008 16:45:35 GMT

Let me help MoJarb. Fundamental- serving as an original or generating source, so say Webster.

So what are we talking about; business, workers, income, and spending? Duh, all of those are in place and sound. What we don’t have is a Congress that functions so as to catch the corrupt one like Christopher Dodd and his CEO friends. Do you get it yet? Fire Nasty Nancy and Horrible Harry, now!

re: The Bailout Bill Failed. Should We Blame McCain?

Nowforthetruth — Tue, 30 Sep 2008 16:46:24 GMT

The last link below describes how some in Congress tried to use the original version of the bailout bill to divert money eventually recovered to groups like ACORN. See:

http://www.investors.com/editorial/IBDArticles.asp?artsec=16&artnum=1&issue=20080918

http://en.wikipedia.org/wiki/Community_Reinvestment_Act

http://article.nationalreview.com/print/?q=M2QwNDhkZTg2OGYzZjkzM2E2NDEwM2U5OGVkNTc0YzU=

http://query.nytimes.com/gst/fullpage.html?res=9E06E3D6123BF932A2575AC0A9659C8B63

http://query.nytimes.com/gst/fullpage.html?res=9C0DE7DB153EF933A0575AC0A96F958260

http://www.businessandmedia.org/printer/2008/20080924145932.aspx

http://online.wsj.com/article/SB122247015469280723.html?mod=googlenews_wsj

re: The Bailout Bill Failed. Should We Blame McCain?

Nowforthetruth — Tue, 30 Sep 2008 16:46:50 GMT

Obama is getting a bump out of this because people are not being reminded of the whole history where the economy is concerned, and who did what when. Call it bias by omission. The media simply says that the economy is Obamas strong issue, but never discusses the facts in detail. Further, who had a majority when is rarely relevant. If the simplistic Party In Power model were true, then the Democrats would not have needed the House Republicans when they tried to pass the bailout bill, as Democrats have the majority in both houses and there is no threat of a veto. In theory, they do not need the Republicans to vote at all. Obviously, it is not so simple and the media does the voter a disservice by doing little more than reinforcing the error. As an aside, the media also misleads regarding the Clinton economy when they fail to mention that it ended in a recession, requiring the first round of Bush stimulus checks immediately after he took office..

The link below contains a purported list of the top 25 in Congress who got contributions from the folks at Fannie and Freddie. Obama is listed third, after Dodd and Kerry, even though Obama is just a junior Senator. Obama is followed next by Clinton. Barney Frank and Nancy Pelosi are on the list as well.

http://www.investors.com/editorial/IBDArticles.asp?artsec=16&artnum=1&issue=20080918

Do Obama and the Democrats deserve a lift in the polls as a result of the financial and mortgage problems? The answer from history is a clear NO. Here's the lead of a New York Times story on September 30, 1999: Fannie Mae Eases Credit To Aid Mortgage Lending [link below]. That's 1999 folks. Clinton Administration, I believe.

Here's the lead of a New York Times story on Sept. 11, 2003: The Bush administration today recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago. [see link below]

McCain said in co-sponsoring the Federal Housing Enterprise Regulatory Reform Act of 2005, S. 190: If Congress does not act, American taxpayers will continue to be exposed to the enormous risk that Fannie Mae and Freddie Mac pose to the housing market, the overall financial system and the economy as a whole.

What was Barney Frank and fellow Democrats saying at the time of these attempted reforms? According to reports, Representative Barney Frank(D-MA) claimed of the thrifts "These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis, the more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing." Representative Mel Watt (D-NC) added of the reforms "I don't see much other than a shell game going on here, moving something from one agency to another and in the process weakening the bargaining power of poorer families and their ability to get affordable housing." [ See Community Reinvestment Act, link below w/ history]

For an interesting article purporting to detail Barney Franks long history with Fannie Mae, See http://www.businessandmedia.org/printer/2008/20080924145932.aspx

Also google: Democratic House Financial Services Committee Chair promoted GSEs while former 'spouse' was Fannie Mae executive.

re: The Bailout Bill Failed. Should We Blame McCain?

MoJabar — Tue, 30 Sep 2008 17:37:05 GMT

ChuckGoodman, I guess you could quote a dictionary to strech the conotation of the fundamentals of the Americn economy to mean the "American worker." It's abstract and imaginative. Though it sounds more like a lie from somebody who was trying to backtrack. Silly me I thought the fundamentals of the economy included: rising inflation, falling 'real wages', rising unemployment, cost of food rising, consumer confidence declining, and increasing foreclosures.

I'm pretty sure that's what most people are thinking of when they talk about the economy. I bet Sarah Palin thinks the "American worker" is a fundamental of the economy; McCain probably taught her that.

re: The Bailout Bill Failed. Should We Blame McCain?

joelaw DDS — Tue, 30 Sep 2008 18:58:27 GMT

Senator McCain is a sleaze, he is hell bent on wining this election anyway anyhow. Any man under such mentality will always do the unexpected and erratic. McCain should realise the American public are no fools, they can read behindthe vail and at the appropriate time; that is Nov 4 they will answer him. All the legion of self seeking lobbyist advicing him are his greatest enemies, they will lead him to the pit and bury him there.

re: The Bailout Bill Failed. Should We Blame McCain?

hypocriit — Tue, 30 Sep 2008 23:00:55 GMT

Flag pin for first the debate?

Why didn't John McCain wear a flag pin?

re: The Bailout Bill Failed. Should We Blame McCain?

sweggen — Tue, 30 Sep 2008 23:30:32 GMT

Romano-

Read the following post by TruthBhad...so you won't think I'm a single voice in the wilderness...Do you and the rest of the MSM think that there will NOT be reckoning for your biased behavior...do you?

As to the question you asked "Why won't Newsweek report this?" Because Newsweek has an agenda to fix this election for Obama so they will only write articles that reflect well on the Democrats and will churn out Bush-bahing, McCain-bashing and Palin-bashing articles as many and as fast as they possible can. Newsweak is a sham, not worth the paper it is written on anymore.

No wonder the Democrats think they can do no wrong since no matter what they do the MSM will write about it to make it appear to be the Republicans fault. MSM Bias is out of control. CNN is as bad as newsweek. CNN withholds information that would give a balanced story...I watched them do it on the so called "troopergate"...they withheld information they knew about Wooten while pointing accusatory fingers at Palin while they fanned the flames.

re: The Bailout Bill Failed. Should We Blame McCain?

ik.nha.tun@gmail.com — Wed, 01 Oct 2008 03:42:19 GMT

Camp McCain today issued a new Propaganda ad Called "rein", in which the RNC pointedly accusses the Democrats for the oncoming financial catastrophe that this current administration, and not too mention The past Administreation of Ronald W. Reagan' which begin this snowball effect when they begin undoing the regulations that were in place for banks....

Regarding "Regulating Banks: Enough Already" (Viewpoints, Feb. 7), let's see if I have it straight. Deregulation in the 1980's under President Reagan led to the savings and loan scandal, which led to the Federal bailout, which led to increasing the national debt -- and in the process caused some people to be led to jail.

Now comes Jay Baris, a New York financial services lawyer, arguing (presumably with a straight face) that President Clinton should further deregulate banks. Am I missing something?

THE CLINTON/REPUBLICAN FACTOR....

Clinton, Republicans agree to deregulation of US financial system

By Martin McLaughlin

1 November 1999

Use this version to print

An agreement between the Clinton administration and congressional Republicans, reached during all-night negotiations which concluded in the early hours of October 22, sets the stage for passage of the most sweeping banking deregulation bill in American history, lifting virtually all restraints on the operation of the giant monopolies which dominate the financial system.

The proposed Financial Services Modernization Act of 1999 would do away with restrictions on the integration of banking, insurance and stock trading imposed by the Glass-Steagall Act of 1933, one of the central pillars of Roosevelt's New Deal. Under the old law, banks, brokerages and insurance companies were effectively barred from entering each others' industries, and investment banking and commercial banking were separated.

JOHN MCCAINS PART....

John McCain: The Deregulator

I don’t think anyone who wants to increase the burden of government regulation and higher taxes has any real understanding of economics and the economy and what is needed in order to ensure the future of this country.”

– John McCain [McCain Town Hall in Inez, Kentucky, 4/23/08]

McCain Is An Avid Supporter Of Lax Rules For Financial Institutions

McCain Supported A Banking Bill Because It Eliminated “The Tremendous Regulatory Burden Imposed On Financial Institutions.” While speaking in favor of bank deregulation on the floor of the senate, John McCain said, “This legislation takes a small but important step toward eliminating the tremendous regulatory burden imposed on financial institutions… One principal reason banks are unable to make loans is the bewildering array of statutory and regulatory restrictions and paperwork requirements imposed by Congress and the regulatory agencies. While a case can certainly be made that every law and regulation is intended to serve a laudable purpose, the aggregate effect of the rapidly increasing regulatory burden imposed on banks is to cause them to devote substantial time, energy and money to compliance rather than meeting the credit needs of the community.” [Congressional Record, 11/19/93; emphasis added]

so we now have a brief history leading up to this mess and John McCain is wrapped right in the middle of the NET of blame he is trying to cast on the DEMOCRATIC PARTY

while he lies in this propaganda ad that Obama is silent...

re: The Bailout Bill Failed. Should We Blame McCain?

luis zuñiga — Wed, 01 Oct 2008 03:50:44 GMT

What is OBAMA doing ????

The house is burning, and this guy is wearing a new glasses ???

It´s not only thue future of US, is also the future (the present) of the world. It´s no time for games, it´s time to show, what can do this people for US.