Tue, Sep 30, 2008 12:11pm ET

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Media falsely suggest that only Dems dismissed GOP accusation that Pelosi's speech cost GOP votes as "nonsense"

Summary: Several media outlets falsely suggested that only Democrats denied Republican claims that Speaker Nancy Pelosi's speech on the floor of the House of Representatives before a September 29 vote on the Emergency Economic Stabilization Act of 2008 "cost some GOP votes." In fact, several House Republicans also have denied the allegation.
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Posted by tommy

A finger pointing, partisan sniping whining speech by Pelosi, and a bunch of crybaby petulant House Republicans - blame, blame, shirk and shift responsibility to the other party, while we are all in their crosshairs. 

Certainly they must now know why the public is so damn fed up with every last one of them and their approval rating sinks as low as the Presidents.

Posted by Governor in reply to tommy

And conservative misinformation, too!  Yay!

Posted by Max Dharma in reply to Governor

Speaker Nancy Pelosi's speech on the floor of the House of Representatives before a September 29 vote on the Emergency Economic Stabilization Act of 2008 "cost some GOP votes."

I think we’re giving Nancy too much credit. Her speaking on the economy isn’t about to change anyone’s mind. It’s like Bill Clinton giving a talk on fidelity; it's simply not her purview.

Posted by Max Dharma in reply to Max Dharma

hey snoopy, I know how you like pictures, so here's one for you!

Posted by worrierking in reply to Max Dharma

I love pictures too. I'm just not sure what point you're trying to make with this one. I've been retouching pictures professionally for more than thirty years. This picture appears to be a fake.

That's not a problem. Most of the pictures posted here are fakes. But the old saying is true. A picture does say a thousand words. Whenever Snoopy, the Colonel or anyone else posts a picture, the reason for the picture is always very apparent. They either prove, refute, ridicule or respond to a point.

Yours appears to imply Hillary's suspicion of Obama. Or maybe she just thinks he looks hot.

Here's a few pointers. When you doctor a photo, remove the halo around the splicing point where the two photos are merged. Make all the merged pieces proportional. And most of all watch the perspective and the focus. 

Simple Photoshop 101.

Posted by Governor in reply to worrierking

The media, and perhaps even you, refuse to accept the fact that Hillary is 6'4"

Posted by worrierking in reply to Governor

I've heard of people rearing their heads over Alaska, but this was in Denver.

Posted by Max Dharma in reply to worrierking

Right, because the Democratic Party is the party of unity and because there is no chance the Clintons hate Barack and are plotting his downfall (or at least doing their best to show their disapproval.)

Posted by worrierking in reply to Max Dharma

There's always that chance, slim as it may be.

If I had to pick which party comes the closest to being the party of unity, i'd have to go with the Democratic Party.

The Republicans are in complete disarray. They've got a president with an approval rating worse than any other presidents. They've got a house delegation in open rebellion against their president  They've got a candidate that so repels their base that he had to pick a running mate with nothing more to offer than her religious beliefs and her genitalia.

Time for them to start to rebuild and plan for 2012 or Armageddon, whichever comes first.

Posted by snoopy in reply to tommy

Perhaps you can point out exactly what parts of the speech Pelosi made were directed at republicans in general? I seem to recall that speech specifically targeted the administration and then mentioned a bi-partisan effort to clean up the mess.

Posted by tommy in reply to snoopy

The point is they are all to blame, and to give an ultra partisan speech when you are trying to rally support is ridiculous, enough.  And if the Republicans voted against the bill merely because their sensibilities were offended, they are no better, they should be ashamed. 

As for the bill itself, I had very mixed feelings about it.  We need to do something, there is no doubt.  I am no expert or a predictor of the future, I just want all of them to put partisanship aside and do what's right, hopefully later this week they will get a better bill passed and we can begin to clean up this mess.  I don't blame Democrats anymore than Republicans, I am tired of all the bickering and positioning they all do, that's all.

Posted by Governor in reply to tommy

So you're wishy washy about the bill.  I see.  I'm opposed to it.  For you to whine about Pelosi's "partisan sniping whining speech" and not even know if you support the bill in question seems, well, like partisan sniping whining.

Posted by tommy in reply to Governor

I don't give a damn what you think, if you can't see the point I was making about partisanship, which of course you can't because you live and breathe it on these boards everyday, then never mind.  Simple partisan hardliners like you who can't see past your own nose are one of the reasons we are where we are.  So save your advice Governor, it's just more of the same, like the entrenched lawmakers you so admire.

Posted by Governor in reply to tommy

You're a partisan and you're ill-equipped to make a point about partisanship. I don’t think we the taxpayers should have to take the trash of Wall Street and pay a premium price for it. Your “mixed feelings” about doing this are most interesting.  Toodles.

Posted by tommy in reply to Governor

You have no conception about the "trash" of Wall Street Governor, if you don't think you're affected and greatly impacted, think again.

Posted by roundhouse in reply to tommy

What? So a $4,000 bill for the bailout from every tax payer doesn't impact Gov? 4 grand may be small beer for a cat like you, but to me that's huge. 

Posted by roundhouse in reply to Governor

I'm with you. I'm pleased as punch that this Bill failed.

Now if they can write in some more oversight and more transparency, less autonomy for the Treasury Secretary along with bankruptcy reform so these homeowners bring down the mortgage on their overvalued homes.

As for all of this hand-wringing about end of times, we have to act swiftly, blah, blah, blah. They can kiss my ass. I've had enough of this disgusting disaster capitalism already. Take a breath people, we have enough time to get it right and make the course of action mutually beneficial for those on the top floor and those on the shop floor.

Posted by tommy in reply to roundhouse

Round, I don't disagree with you on this bill, I never said I supported it in it's current form, but we need to do something, that I believe - perhaps something far less in scale and scope, or with the provisions you outlined.  To do nothing and then act like it's just a Wall Street bailout with no affect on average working people, is naive.

Posted by roundhouse in reply to tommy

So what are the details of the Swedish plan I've been hearing about? Apparently, they were able to allow insolvent firms to fail while keeping stability at little cost to the taxpayer.

Posted by tommy in reply to roundhouse

I am not familiar with that.

Posted by Governor in reply to tommy

To do nothing and then act like it's just a Wall Street bailout with no affect on average working people, is naive.

Is there anyone whom you're aware of advocating this position?

Posted by sambo in reply to Governor

LISTEN GOV, you or no one else knows enough about this bill to be 100% sure how to

vote, much less critisize someone elses views

Posted by wolf kotenberg in reply to tommy

Why is it when things go to hell we are all to blame ? When things are going well they wrap themselves in a flight suit and stand in front of the camera by themselves.

Posted by tommy in reply to wolf kotenberg

Because most, not all, but many, politicians are more concerned with getting reelected and saving their own behinds than most anything else. 

When the going gets tough, point fingers, when it's easy street, preen.

Posted by sambo in reply to tommy

Tommy, thats the sole purpose the house republicans blocked, not out

of any love for the tax payers

Posted by neon desert in reply to tommy

You have to look at the bright side, Tommy.  As long as they keep throwing their tantrums and don't pass a bailout bill, the country won't be taken for suckers by the redistribution of wealth to the dumb and reckless.

As far as something being done now, I'm on the edge of thinking that the sting of the country going into a depression would be mostly offset by the sight of market traders wheeling all their worldly belongings in shopping carts down the sidewalks of some of our finer financial districts, negating the need for ANYTHING to be done.

Posted by peebs755 in reply to tommy

You still haven't pointed out what part of the speech was "partisan". Get the transcript and read it. It wasn't "partisan sniping" at all.

Posted by tommy in reply to peebs755

Of course it wasn't, to you.  Thankfully I don't need a liberal Democrat to define what is or is not partisan, but thanks anyway.

Posted by Easy to refute wingnuts in reply to tommy

You need someone to define it for you , because your posts suggest you haven't a clue.

Posted by Governor in reply to Easy to refute wingnuts

Wait just a minute, Main Street Tommy is a very fair poster who makes very fair posts.  That he's willing to lay it all on the line and make known that he never said he supported or opposed the bill it in it's current form, that he's not familiar with alternatives, and that he DOES not approve of partisan sniping whining is just the kind of fervor and conviction we need in the Congress and on Wall Street.  Thank you, Tommy.

Posted by beinemac in reply to tommy

There may well be blame to go around, but ask yourself:

Which party has always championed deregulation?

Which party controlled Congress from 1994 to 2006?

Which party has held the White House for 7 1/2 years?

This idea of shared accountability seems to be an attempt to deflect any blame from the GOP which has held power through so many of the recent years.

Posted by Governor in reply to tommy

By the way, Tommy, did you support the passage of yesterday's bill?

Posted by wolf kotenberg

I would like to know if the language stating the treasury secretary has final authority on his decisions not subject to review is still included in the bill ? I thought it was odd that Bush was so in favor of the passage of this bill.

Posted by wzwriter in reply to wolf kotenberg

I would like to know if the language stating the treasury secretary has final authority on his decisions not subject to review is still included in the bill ? I thought it was odd that Bush was so in favor of the passage of this bill.

I hope they took that part out - it reminded me too much of the fiasco we got thanks to the PATRIOT Act.

Posted by wolf kotenberg

in the meantime 10000 US soldiers

FORT LEWIS, Wash. -- The Fort Lewis-based I Corps will be deployed to Iraq in 2009, the Department of Defense announced Tuesday.

In a news release, the Army base said the Pentagon is sending the 3rd Stryker Brigade Combat Team and 5th Stryker Brigade Combat Team to Iraq, along with several other combat teams and a division headquarters.

The two 3rd Stryker Brigade has already served two tours in Iraq.

Fort Lewis officials said the I Corps' mission to Iraq will be the unit's first deployment in support of combat operations since the Korean War.

Is GW Bush planning on having McCain continue this foolishness ? We only have one president at a time and GW is not gone yet and we must keep vigilant for these guys have no plans on going away quietly.

Posted by nerzog in reply to wolf kotenberg

Could it be that the "surge" is just a bandaid designed to get us through November?  I heard a report on NPR the other day that the Sunnis we've been bribing to fight for us are starting to get restless.  If we stop paying them, will Grampy/Bush's "masterful" strategery hold up?  If Obama wins the election, and Iraq blows up two weeks into his term, who do you think will get the blame?

Posted by proudconservative

Pelosi's comments were disgusting but that should be no reason for any representative to change a vote.  If that is the case, grow a spine and vote the way your constituents would want.  Fight her disgusting comments with the truth. 

Media Matters (for very little) ludicriously claims bias against leftists in the main stream.  If that is the case, why isn't this being shown 24-7?   http://www.youtube.com/watch?v=_MGT_cSi7Rs 

The republicans backed down then on fear of being called racists and let the dems loot fannie and freddie.  Shame on both and media outlets that refuse to address the conduct of the House members back when this could have been prevented.

Posted by wolf kotenberg in reply to proudconservative

I would expect someone calling themselves a proudconservative to forego a debate and revert to carnal talking points. My son calls himself a proudconservative and his word by word regurgitations of the Limbaugh/ Hannity performance at family gatherings is becoming a nuisance. That is your legacy.

Posted by proudconservative in reply to wolf kotenberg

koyote kittenkabootal,

This the debate.  Evidently the dear Pinapple Queen blames the republicans for this mess.  Why not seek truth? 

http://www.youtube.com/watch?v=_MGT_cSi7Rs

Posted by skeptical in reply to proudconservative

Proud, look at the date of the video!

Posted by Col. Harlan Sanders in reply to skeptical

I'm sure the date doesn't matter to our hysterical friend. Some wingnuts went through hours of CSPAN tape to cobble together somethig shiny.

I'm also impressed that, even with the new format forcing a deliberate decision between opening a link in a new or the same window, the wingnuts are sticking to their MO of opening in the same window.

Is the "new window" too much scary change?

And yes, I know that holding the shift key does it, but my curiosity overrides that.

Posted by proudconservative in reply to Col. Harlan Sanders

derkernal,

The date actually does matter. (it's what happened in 2004)  And I am glad to have more opportunities to refute lefties with evidence, especially when all I have to do is a simple search on the youtube site.

I know you have complained when I have linked to 'long boring articles' that validate a point I am making, so I thought this would make more sense for the leftists here to go right to pictures.

As always, a joy speaking with you.

Posted by funnymanpants in reply to proudconservative

PC wrote:

>>The date actually does matter. (it's what happened in 2004)

Oh really? It doesn't matter that Republicans controlled both houses and the presidency in 2004, the date of clips in this video? We don't accuse you of linking to long, boring articles; we accuse you of just pasting links instead of making and argument backed up to a link. Your links don't even seem to show what you claim.

Posted by Col. Harlan Sanders in reply to proudconservative

And I am glad to have more opportunities to refute lefties with evidence

Well, there are plenty of lefties with evidence here. I hope to see you start your refuting very soon. Good luck 

I know you have complained when I have linked to 'long boring articles' that validate a point I am making,

I'm pretty sure I've never complained about anything like that. I'd love to see you validate one of your points.

If you decide to use pictures, try to find some that support your point.

Posted by proudconservative in reply to Col. Harlan Sanders

dahkernalmeister,

I have yet to see how any particular leftist here has shown that the republicans were trying to loot fannie/freddie.  Or how the dems beg for greater oversight, restriction of easy loan practices or seeking to disgrace execs who took bonuses based on shady accounting practices.

respondez vous, sil vous plait

Posted by snoopy in reply to proudconservative

– Rep. Michele Bachmann (R-MN): “We are not babies who suck their thumbs.”

– Minority Whip Roy Blunt (R-MO): “I think you don’t want to give too much blame to that speech.”

– Rep. John Shadegg (R-AZ): “It was embarrassing for leadership on both parties to lose the bill, so they went out and made a stupid claim.”

– Rep. Marsha Blackburn (R-TN): “That speech was not the reason I voted against the bill.” [MSNBC, 9/30/08]

Posted by proudconservative in reply to snoopy

deputydawg,

whatup?  Hey, I agree that no matter how inappropriate the pelosinator's comments were, responders should grow some and fight back with truth.  Pretty easy to do in this case!

Check out the added emphasis!!!!! and that nifty youtube link

Posted by proudconservative

REPLY »

Pelosi's comments were disgusting but that should be no reason for any representative to change a vote.  If that is the case, grow a spine and vote the way your constituents would want.  Fight her disgusting comments with the truth. 

Media Matters (for very little) ludicriously claims bias against leftists in the main stream.  If that is the case, why isn't this being shown 24-7?   http://www.youtube.com/watch?v=_MGT_cSi7Rs 

The republicans backed down then on fear of being called racists and let the dems loot fannie and freddie.  Shame on both and media outlets that refuse to address the conduct of the House members back when this could have been prevented.

Posted Tuesday September 30, 2008 1:27:03 PM EDT / Flag this comment

Posted by tommy in reply to proudconservative

Yep, and now McCain is using his good friend Bill Clinton's own words in his ad against Obama about Fannie and Freddie, oh, and where are those who just yesterday defended Clinton - pfft, he wants McCain to win so bad he can taste it.

PRESIDENT BILL CLINTON: “I think the responsibility that the Democrats have may rest more in resisting any efforts by Republicans in the Congress or by me when I was President to put some standards and tighten up a little on Fannie Mae and Freddie Mac.”

Posted by nerzog in reply to tommy

Apparently Economics is a "soft" science.  I heard one so-called expert on the radio who said that Fannie Mae and Freddie Mac were only a small part of the subprime problem, and that this thing goes much deeper.  

I don't know whom to believe in this mess.

It's a madhouse!

Posted by tommy in reply to nerzog

Bush is a big part of the problem, pushing for home ownership back in 2002 to those who could not afford it.  The only silver lining is that he will soon be back in Crawford, but look at the mess he helped create, both here and abroad.  I don't envy Obama or McCain.

Posted by rtwmd1230 in reply to tommy

  I don't envy Obama or McCain.

So true. I think the major part of the next four years will be spent just trying to discover how bad a mess the Bush administration has made of everything.

The only "good" thing about this financial situation is that it came while Bush is still in offiace, and will be always remembered as one of the three disasters (along with Iraq and Katrina) of the worst presidency ever.

Posted by nerzog in reply to rtwmd1230

If Obama wins, look for rolling blackouts in the Washington D.C. area.... the Bushies will be running an armada of shredders 24/7.  In fact, I wouldn't be surprised if Cheney and Rove just vanish one night between November and January.

Posted by wzwriter in reply to proudconservative

Fight her disgusting comments with the truth. 

Pelosi's comments WERE the truth, PC.  The problem is that many conservatives like you can't HANDLE the truth.

Posted by proudconservative in reply to wzwriter

lazyrider,

I can handle truth, but why would the speaker of the 'whole' House be allowed to say such things?  Geez, Newt was always said to be too partisan in his role as speaker.  Her comments attempted to make this purely political by blaming republicans before a vote.  And what about the dems that voted against this bailout?

http://www.youtube.com/watch?v=_MGT_cSi7Rs

Posted by funnymanpants in reply to proudconservative

PC wrote:

>>I can handle truth, but why would the speaker of the 'whole' House be allowed to say such things?

What things? Partisan speeches are made every day in congress. Pelosi actually praised the bi-partisan effort.

Oh, and that video is simply an editorial.

Posted by proudconservative in reply to funnymanpants

nuttinhumorousaboutyourknickers,

This is an editorial

http://online.wsj.com/article/SB121677050160675397.html

This is truth

http://www.youtube.com/watch?v=_MGT_cSi7Rs

Posted by funnymanpants in reply to proudconservative

PC wrote:

>>This is truth

That is just plain silly. You think you can decree the truth? Are you some sort of truth god? The youtube is clearly an editorial, because it splices together clips, not in context,  to try to make a point.

Posted by proudconservative in reply to funnymanpants

The comebacks are devestating me, please stop, oh woe is me!  Either the video or NT times or that (libertarian villians)  Slate have laid out the truth for me.  The point is made, swish!

Posted by funnymanpants in reply to proudconservative

PC wrote:

>> The point is made, swish

What point? You simply throw some links in, mix in some insults and trash talk, and you think you have made some type of cogen argument.

Posted by RABBITLUVR in reply to proudconservative

Oh get over yourself, will ya?! So your side got cooked a wee bit by Pelosi and the truth... god, get some salve for those minor burns and deal with it. There are much more important things to be concerned with than the 'wittle feewings' of a bunch of rightwingers who hava had their s**t thrown right back in their faces.

Posted by skeptical in reply to proudconservative

Proud,

Do you know when that video is from?

Posted by proudconservative in reply to skeptical

Yes, back when republicans tried to bring the fannie/freddie gravy train under in 2004.  This is just when Harrold Raines was bumping up the figures so he and other execs could make huge bonuses, to the tune of about 100 million.  Nothing was done after this because the republicans caved to a fear of being called racism.  They are no heroes in this either but they were not looting the store.

This is a failure of government, not of wall street.

Posted by funnymanpants in reply to proudconservative

>>Yes, back when republicans tried to bring the fannie/freddie gravy train under in 2004. 

In 2004 Republicans controlled both houses of congress and the presidency. Yet somehow Dems are to blame? That is not to mention that Repubs have always been against regulation. They have always said that the free market can do better without regulation. Now that it has failed, conservatives like you want *more* reguation (something we have been for all the time), and then humorously blame the failures on government, instead of Wall street. Why isn't Wall Street to blame if the free market should always prevail?

Posted by proudconservative in reply to funnymanpants

Again, this is about poor regulation and oversight.  This was a government created entity (freddie/fannie) back under Carter's adm, given steroids under Clinton and not stopped by the Republicans when they had the chance.

The comments by dems in the video allude to racial attacks in trying to oversee fannie/freddie and Frank Raines... and the republicans backed down.  Here is my quote from above.. 

"Nothing was done after this because the republicans caved to a fear of being called racism.  They are no heroes in this either but they were not looting the store.

This is a failure of government, not of wall street."

I wished that the republicans had not wasted the political capital that conservatives gave them before 2006 to reign in crazy spending and getting rid of fannie/freddie when it could.  They gained nothing by not acting on principles of conservatism, but rather becoming part of the DC behemouth.

Posted by funnymanpants in reply to proudconservative

PC wrote

>>"Nothing was done after this because the republicans caved to a fear of being called racism.  They are no heroes in this either but they were not looting the store.

Why are you quoting yourself? That hardly seems a convincing argument. You didn't answer my argument that Republicans controlled everything in 2004; instead, you repeated a claim.

Again, if the Republicans controlled government, they are to blame. And if you blame the lack of regulation, then you are blaming government, which means you don't believe in the free market, which means Wall Street is to blame.

Posted by funnymanpants in reply to proudconservative

PC wrote:

>>Media Matters (for very little) ludicriously claims bias against leftists in the main stream.  If that is the case, why isn't this being shown 24-7?

Good grief! First, MMFA doesn't claim bias against liberals. Except for their weekly editorial, they show individual cases of misinformation that hurts liberals. That's a big difference. MMFA has pointd this out a long time ago.

Second, the reason that youtube video is not even shown is because it is not news. It is an editoral, and may even amount to propaganda. It consists of individual snippets to try to show the Democrats were against regulation, while the Repubs were for it. That hardly tells the whole story. Are you seriously saying that Republicans were for regulation?

Posted by proudconservative in reply to funnymanpants

nothingfunnyinhisslacks,

Does this 'help' tell the whole story?

http://www.nytimes.com/2004/10/07/business/07fannie.html?ex=1254888000&en=4253fcd4810b905e&ei=5090&partner=rssuserland

Posted by funnymanpants in reply to proudconservative

PC wrote:

>>Does this 'help' tell the whole story?

No. What exactly are you trying to show here?

Posted by proudconservative in reply to funnymanpants

From the article and shown in the video.....

"Representative William Lacy Clay, Democrat of Missouri, accused the regulators of "rushing to judgment."

"This hearing is about the political lynching of Franklin Raines,'' Mr. Clay said. "We have seen this kind of action before. This is truly a witch hunt.""

Lacy Clay is an American of black african descent, Frank Raines is an American of black african descent..

Do you think that his comments to the regulator were not meant to make this racial?  Thus making weak republicans less likely to take fannie and freddie on?

Posted by funnymanpants in reply to proudconservative

PC wrote:

>>Do you think that his comments to the regulator were not meant to make this racial?  Thus making weak republicans less likely to take fannie and freddie on?

No, I don't. Besides, you are offering a pathetic excuse for your party. As someone else wrote, since when is the Republican party afraid of being accused of being racist?

Posted by proudconservative in reply to funnymanpants

Thank you for freeing me to use the term 'lynching' without fear of repudiation for any racial under/ovetones that someone would interpret as racially laden!  We can now remove the term from the general lexicon thanks to you and the pointed response that made it clear that rep. Clay was in no way, no how, nada, zilch, zip, zero inferring any thing racial by his comment defining the scrutiny of the oversight of illegal accounting practices at Fannie Mae as a 'lynching'.

By the way, senator byrd just asked if he could get clarification on his use of the term, 'white nigger'.

Now that's something funny to hang your pants on, at least in the back of those funny pants, man!

Posted by funnymanpants in reply to proudconservative

PC wrote:

>>Thank you for freeing me to use the term 'lynching'

Again, you aren't making any point. You are trying to create an elaborate excuse for your party, which was in power in 2004. And why do you persist in making stupid puns on my screen name? Do you think that makes your argument stronger?

Posted by proudconservative in reply to funnymanpants

Making fun of your name doesn't strenghten or weaken my arguments, it's about me finding entertainment with the often silly monikers people have ascribed to themselves on this site.

As for the point I have made over and over again, I don't excuse the republicans for wimping out and not nailing these crooks that made fannie/freddie a cesspool for democrat pilfering.  If they had done their job, this financial crisis would never have happened and coincidentally, they would have remained in control of both houses because they abandoned the principles of conservatives that had given them power in the first place.  Follow the money to the root of this evil, it's not with the republicans.

The video clearly shows that the dems were playing the race card to get the regulators to back down.  They defended Raines by using the lynching term to any attack on his criminal behavior while leading fannie mae.  If you view the video and don't see that, you are as dense as a pair cordory slacks, man.

Posted by funnymanpants in reply to proudconservative

PC wrote:

>>Pelosi's comments were disgusting

Oh really? Which comments?

Posted by proudconservative in reply to funnymanpants

Wasn't there something in there about them being 'unpatriotic'?  Hey get this right Madame oh-ye-who-won't-let-your-hotel-employees-unionize Speaker, you can support bailouts without supporting the war on bailouts!

Posted by funnymanpants in reply to proudconservative

PC wrote:

>>Wasn't there something in there about them being 'unpatriotic'? 

You didn't listen to the speech, did you? You simply heard it was "disgusting," and repeated that line. In other words, you don't know what you are talking about.

Posted by pearlene_scott1602 in reply to proudconservative

The republicans backed down then on fear of being called racists

LOL  When did the Republicans start being concerned about being called racist? 

Please peddle that bull somewhere else. If Republicans "backed down", it damn sure wasn't because they feared the racist label. They've had that label since the 60's. 

let the dems loot fannie and freddie

Rick Davis, Mr. McCain’s campaign manager and longtime adviser, helped Fannie Mae and Freddie Mac beat back regulatory challenges when he served as president of their advocacy group, the Homeownership Alliance, formed in the summer of 2000.

More than a half-dozen current and former executives, said the Homeownership Alliance was set up mainly to defend Fannie Mae and Freddie Mac by promoting their role in the housing market, and the two companies paid almost the entire cost of the group’s operations.

“They were financed largely, possibly exclusively, by Fannie and Freddie,” said William R. Maloni, a Democrat who is a former head of industry relations for Fannie Mae. “We thought it would be helpful to have someone who was a broadly recognized Republican to be the face of the organization, and that person became Rick Davis.” Mr. Maloni added, “Rick, for that purpose, turned out to be quite good.” (Several executives said Mr. Davis’s compensation was not unusual for the companies’ well-connected consultants.)

Posted by proudconservative in reply to pearlene_scott1602

Yeah, like when they beat back a Gore-Byrd led democrat fillibuster on civil rights in '64.

Being a lobbyist is like hiring an attorney.  No matter how guilty, they are hired to defend.  So look at the compensation given and who the execs were that hired the lobbyists.

http://www.nytimes.com/2006/06/07/business/07fannie.html?_r=1&oref=slogin

http://www.nytimes.com/2006/12/07/business/07fannie.html?

  "Ofheo may be facing a more difficult task than Fannie Mae as it prepares to try to recoup the many millions of dollars Mr. Raines and Mr. Howard received as a result of the improper accounting. Regulators have said that of the $90 million paid to Mr. Raines from 1998 to 2003 at least $52 million — more than half — was tied to bonus targets that were reached by manipulating accounting."

"Next up is Jamie S. Gorelick, whose official résumé describes her as "one of the longest serving Deputy Attorneys General of the United States," a position she held during the Clinton administration. Although Gorelick had no background in finance, she joined Fannie Mae in 1997 as vice chair and departed in 2003. For her trouble, Gorelick collected a staggering $26.4 million in total compensation, including bonuses. Federal investigators (PDF) would later say that "Fannie Mae's management directed employees to manipulate accounting and earnings to trigger maximum bonuses for senior executives from 1998 to 2003." The New York Times would call the manipulations an "$11 billion accounting scandal." Gorelick, it should be noted, has never been charged with any wrongdoing. "

Here is a history of how this scandal ridden entity has been festering over the years.

http://www.slate.com/id/2200160/

Posted by funnymanpants in reply to proudconservative

PC wrote:

>>Being a lobbyist is like hiring an attorney.

Yes, like hiring an attorney to bilk someone out of money--not to defend yourself.

I'm not sure even what you are trying to prove anymore. You keep posting links instead of making arguments and backing them up by links. The article in slate is written by Jack Shafer, a libetarian, so I'm not going to take it as a definitive history.

Posted by proudconservative in reply to funnymanpants

And where did their lobbying money go?  Or should I say 'congressional community organizing?

http://www.boston.com/business/articles/2006/12/07/history_of_fannie_mae_scandal/?page=1

Gosh, seems like there's a pattern here

And or course, libertarians are nothing but liars, maybe this is more to your liking unless..... you believe in the evile that is found in Boston,too.

http://www.boston.com/business/articles/2006/12/07/history_of_fannie_mae_scandal/?page=1

Posted by proudconservative in reply to proudconservative

Here's the link to the community organizing done in congress..

http://www.boston.com/business/articles/2006/12/07/history_of_fannie_mae_scandal/?page=1

my bad

Posted by pearlene_scott1602 in reply to proudconservative

Yeah, like when they beat back a Gore-Byrd led democrat fillibuster on civil rights in '64.

PC, you need a history lesson.

The Democratic party was pretty much the party of racist southerners. This is especially true after the Civil War, and during reconstruction, when the Republican controlled congress wanted to push through harsh measures on the south, and insure blacks were able to exercise their rights.
The Democratic Party had to be sued in the 1930’s in order for blacks to be in that party, and more Republicans than Democrats voted for the civil rights laws of the 1960’s.

But all that changed when Blacks started switching to the Democratic party, when they perceived that the Democrats were now doing more for them, than the Republicans were (around the late 1930s). This was due to Roosevelt, and his "New Deal" policies. Whereas the Republicans started courting the voting block they couldn't previously get (white southerners). In this case, by the time the majority of blacks moved to the Democratic party (around the 1960s), a great many of the previous white southern Democrats, still didn't want to move to the Republican party, because it was the party of Lincoln and "black person lovers". The old "Dixiecrats", didn't start switching to the Republican party until the 1970s, and it took nearly 30 years, before you could consider the south firmly in the Republican camp.

Ofheo may be facing a more difficult task than Fannie Mae as it prepares to try to recoup the many millions of dollars Mr. Raines and Mr. Howard received as a result of the improper accounting. Regulators have said that of the $90 million paid to Mr. Raines from 1998 to 2003 at least $52 million — more than half — was tied to bonus targets that were reached by manipulating accounting."

Former Fannie Mae chief Franklin Raines and two other top executives have agreed to a $31.4 million settlement with the government announced today over their roles in a 2004 accounting scandal.

Raines, former Fannie chief financial officer Timothy Howard and former controller Leanne Spencer were accused in a civil lawsuit in December 2006 with manipulating earnings over a six-year period at the company, the largest U.S. financer and guarantor of home mortgages.

Raines, is relinquishing company stock options, proceeds from stock sales and other benefits. His part of the settlement is worth $24.7 million, Howard is settling for a total $6.4 million, including stock options valued at $5.2 million when issued, and Spencer $275,000.

http://seattletimes.nwsource.com/html/businesstechnology/2004358433_webraines18.html

Posted by proudconservative in reply to pearlene_scott1602

http://www.senate.gov/artandhistory/history/minute/Civil_Rights_Filibuster_Ended.htm

You were correct, the democrats were racist and read the article above as to why/how the filibuster ended.  The minorty had to vote for cloture, ie republicans.

In regards to your seattle newspaper, where is it that the republicans were looting fannie/freddie?  Are these guys ever going to have to do perp walks?  Will Waxman ever call for an investigation? (except for when the price of oil goes up 2 cents and he calls for all the execs from oil to come forth)

And, do not ever refer to me a PC again.  As per your request, address me only as proudconservative, no alteration or shortening please.

Posted by pearlene_scott1602 in reply to proudconservative

The Democratic party of the 1930's were racist but those same racist simply moved to the REPUBLICAN party, when African Americans started joining the Democratic party. 

The Republican party today is NOTHING like the Republican party of Lincoln. 

Oh, I never said that Republicans were looting Fannie/Freddie, YOU accused the Democrats of that. What I have said is, Republicans were in charge of the entire government from 2001 through Dec. 2006. Fannie's accounting scandal took place in 2004. One would think that after Enron's accounting scandal, the Republican lead congress would have taken a closer look at Fannie after their accounting problem.

And, do not ever refer to me a PC again.  As per your request, address me only as proudconservative, no alteration or shortening please.

You have never honored my request to address me by my name. It's only today that you've responded without your usual juvenile play on names.

Here's the deal, you treat me with respect and you'll get respect in return. You don't respect me? ..... well, I'm sure you know what to do with your demand.

Posted by proudconservative in reply to pearlene_scott1602

Since you complained, I have stopped addressing you by any name.  Other's have asked nicely and I responded accordingly.

When Enron was taken to task, there were investigations, perp walks, trials and news stories out the wahzoo.  More money was pilfered by the execs of fannie and freddie and the attempts to stop it were laced with overtones of racism.  The dems threw the terms of 'lynching' around and the republicans backed down.

We could go on about what makes for racism but historically dems get away with their innate bigotry because the msm gives them a pass.  They can call Condi Rice aunt jemimah, Mike Steele and Clarance Thomas or any other American of black african descent uncle Toms and we hear not a murmur.  But someone who compliments an old man on his 100th birthday far removed from the subject of race was attacked, while another senator uses the term nigger in an interview and there is no price that needed to be paid. 

The left knows this and played this card when the republicans in congress were threatening to uncover and stop the looting of fannie/freddie by an American of black african descent, Frank Raines.  Saddly, the republicans backed down and allowed the dems to continue to pilfer what they could from fannie/freddie.  That is why the video is so important.  It shows that the race card is being played and how the dems were circling the wagons to protect a guilty one of their own.

http://www.youtube.com/watch?v=_MGT_cSi7Rs

Posted by IRONY 101

What about Newt Gingrich reportedly "working aggressively" behind the scenes lobbying Republican House members to vote against the bailout bill, while at the same time saying publicly that he would have, reluctantly, voted for it had he been in the House?  Did Gingrich stab John Boehner in the back?

http://www.huffingtonpost.com/2008/09/30/report-gingrich-stabbed-b_n_130487.html

Posted by rtwmd1230 in reply to IRONY 101

It's really fascinating to find out what went on behind the scenes on the Republican side. So many cliques, each with a different agenda:  Bush/Paulson/Bernacke (membership of three), McCain, Boehner, Gingrich. I don't know if anyone will be able to pull the party back together.

Posted by doggone-ga in reply to rtwmd1230

I heard an interview LAST WEEK with Gingrich on NPR.  He was against the bailout then.  (Can't believe they think this nutjob has anything of value to say, but that's a different issue)

Posted by mr. l in reply to doggone-ga

It's been commented before that it's crazy that Gingrich is sounding more and more like the voice of reson for the GOP.  It's as if he went straight from lunatic warrior mode to wise old grandfather mode almost overnight.

Posted by doggone-ga in reply to mr. l

"It's as if he went straight from lunatic warrior mode to wise old grandfather mode almost overnight."

Well, he's a good salesman.  He can't sell anything to me though.  Just about the most frightening thing I've ever heard was the big G stating, on the radio that "everyone should be more like me"

God forbid.

Posted by dbeden4153 in reply to IRONY 101

Don't forget, Gingrich is trying to run for President in 2012.

Posted by JLyons in reply to IRONY 101

Gingrich was right though about Paulson, Why is Paulson still Secretary of the Treasury? Damm I want all these Bush admins gone.

Posted by Governor

The media, and perhaps even you, refuse to accept the fact that Hillary is 6'4"

Posted by Governor in reply to Governor

(oh crap, that was a reply way up thread)