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PensiveObserver's Comments

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Senate Passes Bailout Bill

Senate Passes Bailout Bill

Commented Oct 1, 2008 at 21:48:24 in Business

“I get the impression we are just pushing the problem around, kicking the can down the road. I browsed through the 451 pages, don't pretend to understand it all. But isn't this a zero sum game at some level? So the banks have breathing room now (after tomorrow), but the Nation's Balance Sheet is in the tank.”
Bailout Package Fails As Dow Plunges

Bailout Package Fails As Dow Plunges

Commented Sep 29, 2008 at 21:18:44 in Business

“I don't see another option either, but that has been the problem all along. A closed small group of Democrat elites (and a few Republicans who obviously were out of touch with a large section of their party) leaped to the conclusion that this one option was the only one that would be considered. How about rolling back some of those Sarbanes-Oxley regulations around mark-to-market? (A case of well-intentioned regulations having unintended negative consequences...)”
Bailout Package Fails As Dow Plunges

Bailout Package Fails As Dow Plunges

Commented Sep 29, 2008 at 21:10:41 in Business

“I don't disagree with most of what you say. Congressmen are ALWAYS running for re-election aren't they? But the bottom line is that today a Democratic-controlled Congress, led very clumsily by Speaker Pelosi, failed to deliver enough votes to pass the bill. She needed Republican votes, but went out of her way to give a poke in the eye to the votes she needed. She is incapable of putting aside her partisanship.”

dumbosrus on Sep 29, 2008 at 21:59:36

“I agree.

Today, Nancy Pelosi demonstrated for all of the world to see that she simply does not have the mental aptitude to be speaker of the house”

Ping on Sep 29, 2008 at 21:39:32

“This was a Bill offered by the REPUBLICAN Secretary of the Treasury, who works for a REPUBLICAN President. This was a REPUBLICAN Bill championed by the REPUBLICAN PRESIDENT. Nancy Pelosi delivered 140 votes. John Boehner, incompetent leader of the REPUBLICAN House Caucus, FAILED to deliver his share of REPUBLICAN votes he promised the REPUBLICAN President. The Dems will not lift a finger now, the REPUBLICAN party is in disarray and now they are squarely positioned to be assigned the blame once the economy really goes south.

George W Bush, REPUBLICAN President, fails once again. Screwed now by his own party too.”

eMJayy on Sep 29, 2008 at 21:17:29

“Ok, so she poked a few Republicans in the eye, as you say. I guess she thought they could take it.

As i said before, the goal wasn't to just pass the bill. The goal was to pass the bill with a majority of Republicans supporting it. That way, Bush would not be able to veto it.”
Bailout Package Fails As Dow Plunges

Bailout Package Fails As Dow Plunges

Commented Sep 29, 2008 at 21:04:36 in Business

“You have made thoughtful posts. Thank you. Personally, I thought Hutchinson would have been better as well, but face it... she lacks pizazz, and she didn't want it anyway. So if people are morons, and only concerned with image, why not out-rock star the rock star. If she does do poorly Thursday, perhaps she will stand aside, but I don't know who that really helps.”
Bailout Package Fails As Dow Plunges

Bailout Package Fails As Dow Plunges

Commented Sep 29, 2008 at 20:35:50 in Business

“"But this is Nancy Pelosi, and right now she is hands down the 2nd dumbest woman on the planet."

dumborus, how long will moderate Democrats continue to put up with a Speaker who can't seem to understand that you have to change your tone when you stop being a back-bencher. This is why Newt Gingrich ultimately had to step down. He was great as a minority, flame-throwing, back-bencher, but he didn't tone it down enough when he took the gavel. Speaker Pelosi has met a crisis, and has utterly failed to lead. She is not acting like a leader. Her tone is totally partisan, so it's meaningless when she talks about bipartisanship. She has no cred...”

DCinFrance on Sep 30, 2008 at 02:33:20

“Pass me the hankies.”

4real on Sep 29, 2008 at 21:04:34

“If this is so catastrophic like Bush says it is then why wouldn't 12 Repubs go along with it to save the country?

Because they wanted to end up calling this the OBAMA-BUSH BAILOUT PLAN. They are playing politics and trying to hold on to their seats. They want to pin Bush to the Dems because they know he is their failure and they are doomed because of it.”

Ping on Sep 29, 2008 at 20:49:52

“How long will moderate Republicans tolerate the stupidity of these House Republicans when they check their 401K plans in 3 days. The Republicans did a very stupid thing today, now Ms Pelosi will school them in the art of "HARDBALL". When the Republicans raise the motion to reconsider the bill, because another marathon negotiation session is highly unlikely, the Dems will probably add a bankruptcy amendment and screw the Republicans even further.”

MeanGreenMachine on Sep 29, 2008 at 20:41:28

“Nancy asked me to tell you to "Shut up, B*tch."”
Bailout Package Fails As Dow Plunges

Bailout Package Fails As Dow Plunges

Commented Sep 29, 2008 at 20:23:20 in Business

“Speaker Pelosi, how many of your committee chairmen did you allow to vote "no" today? How many sub-committee chairmen? How many close allies? You failed to deliver the votes that could have made a difference including the 16 or so vulnerable incumbents you're trying to protect. You need to step aside now and let Steny Hoyer lead...”

DCinFrance on Sep 30, 2008 at 02:36:12

“Your republicans voted two to one against this bill. Your nominee was taking premature credit for saving the day. And now you whine that 16 more democrats didn't vote yes?? How convenient not to say the same of your leader. John McCain failed to deliver 16 lousy republicans.”

Ping on Sep 29, 2008 at 20:38:06

“Republicans will now hang in the wind as the market plummets tomorrow morning. The new House bill will include bankruptcy reform. As the White house now knows that the only responsible political party in Washington is the Democratic Party.”
Bailout Package Fails As Dow Plunges

Bailout Package Fails As Dow Plunges

Commented Sep 29, 2008 at 20:10:39 in Business

“Speakers are supposed to be able to stand above it all to an extent when they need to pull people together. She is still acting like a full-time partisan. That's not leadership. Steny Hoyer came off with right tone. You just don't poke people in the eye, then expect them to cover for you. It just doesn't happen...”
Bailout Package Fails As Dow Plunges

Bailout Package Fails As Dow Plunges

Commented Sep 29, 2008 at 20:03:25 in Business

“Nancy, here are 11 of the 12 votes you need... They are all vulnerable Democrats who are still hiding under the covers, waiting for this to all go away. Cazayoux (La), Lampson (Tx), Boyda (Ks), Carney (Pa), Shea-Porter (NH), Kagan (Wi), Yarmouth (Ky), Childers (MS), Altmire (Pa), Mitchell (Az), Rodriguez (Tx).”

MeanGreenMachine on Sep 29, 2008 at 20:10:29

“We collectively far t in your direction.”

dumbosrus on Sep 29, 2008 at 20:09:25

“why stop there????

Get the Republicans as well.

Folks, you need to get over the blame game politics. It didn't work for Pelosi this morning, and it's not going to work the next time around either. When the VOTERS are telling their representatives to vote NO, or else, she is going to need all the help she can get!!!!!!”
Bailout Package Fails As Dow Plunges

Bailout Package Fails As Dow Plunges

Commented Sep 29, 2008 at 19:46:07 in Business

“Because she is in a high leadership position today, and she should be held accountable. She has the power to bring the parties to the table to hammer out an agreement, but has instead chosen to poke her finger in the eye of the people whose votes she needs. And they call Sarah Palin inept?!! Ms. Pelosi has earned her 18% approval rating. She must go.”

MNmommy on Sep 29, 2008 at 19:47:30

“You keep your concern for Sarah, we'll worry about Pelosi.

Seriously, the Democrats don't need the *concern* of Republican voters.”
Bailout Package Fails As Dow Plunges

Bailout Package Fails As Dow Plunges

Commented Sep 29, 2008 at 19:42:39 in Business

“She is the second most inept politician in the news today...”

EarthToZoey on Sep 29, 2008 at 20:01:20

“**Not to mention, as a woman, I am very disappointed that an historical female nomination is bestowed upon someone as inept as she. Had it been Hutchison or Snowe or a dozen other women with strong credentials and sharp intellect, I would have been thrilled (even if I personally wouldn't vote the ticket). It's an affront to the progression of women in politics to choose someone who is a poker chip rather than a substantive choice.”

EarthToZoey on Sep 29, 2008 at 19:58:24

“Agreed, Pensive. I truly feel bad for her because even though Democrats are (let's face it) demonizing her, she's likable enough. I disagree with her politically, but there is much to admire about her. Having said that, she is way over her head politically. We're talking about a job that is a 'heartbeat away' from the most important leadership role on the planet. And it's not as if we're in a la-dee-da-dee, everything's hunky dory political environment. We're facing *serious* economic and national security threats. Whether you agree with him ideologically or not, John McCain made a serious error in judgement. And even though his Palin pick only helps "my guy" Obama politically, I urge McCain to ask her to step down for the good of our great nation. McCain is a coin-toss away from the Presidency. I still think it is likely he won't win, but the *possibility* is there. Having Gov Palin on his ticket is simply nerve-wrecking to anyone who is able to coherently think this through.”

dumbosrus on Sep 29, 2008 at 19:53:01

“Wrong. Pelosi is the 2nd most inept politician in the news today.

Billary is first.”

eMJayy on Sep 29, 2008 at 19:49:29

“So you think her running mate is more inept, huh....”

MNmommy on Sep 29, 2008 at 19:43:51

“Must make your side proud that she is who y'all are supporting.”
Bailout Package Fails As Dow Plunges

Bailout Package Fails As Dow Plunges

Commented Sep 29, 2008 at 19:39:17 in Business

“If you're "for" something you should vote for it. That's why you vote. Legislatively, it matters not whether the votes to pass were cast by Republicans or Democrats. So, you're saying its more important to have the appearance of bi-partisanship than to pass the bill? Rubbish! This was all about trying to protect vulnerable Democrat reps, then blaming the other side when you have failed. This is all on Pelosi's shoulders. The buck stops there.”

eMJayy on Sep 29, 2008 at 20:06:33

“Now you're being silly.

Do you think that a bill that does not have majority Republican support will be signed into law by the President? That action at this time would split the Republican party.

The reps who are truly vulnerable are on the side of the Republicans.

I'm really surprised that you don't realize what bipartisan talks are about. The Dems have the majority, yes. And they could have just did their own thing without consulting the Republicans and used their majority to vote it through - but Bush would have vetoed it on the spot. The bipartisan approach allows Bush to sign on to the measure, since his own party has to be in agreement. Otherwise it gets vetoed.”

MNmommy on Sep 29, 2008 at 19:42:49

“I'll repeat. Concern yourself with your own party, Democrats will take care of any issues they have with Pelosi and her *leadership skillz*, mmkay?

Also, if you think for one moment that jockeying of votes doesn't occur in the house all the time, I have some Bear Stearns stock...”
Bailout Package Fails As Dow Plunges

Bailout Package Fails As Dow Plunges

Commented Sep 29, 2008 at 19:26:13 in Business

“Nancy Pelosi boasted that they took a 3 page skeleton bill, and fleshed it out into a detailed 100 page bill? Then when SHE fails to garner support for her own bill, it becomes "Bush's bill" again. It's time for Steny Hoyer to take over the leadership of the House. Speaker Pelosi has failed utterly, and the 18% Congressional approval rating shows it. She has failed to deliver on her promises of 2006. Even George Bush has a higher approval rating than Congress. She is an inept leader. She must go.”

MNmommy on Sep 29, 2008 at 19:34:56

“Why don't you save your concern for your own party and your candidate, McCain, who is flying around the country making ridiculous claims.”

MeanGreenMachine on Sep 29, 2008 at 19:32:35

“She asked me to tell you to lick her big balls.”

eMJayy on Sep 29, 2008 at 19:29:41

“For the last time - Democrats who voted against the bill actually supported it!

If all the Dems had voted for it it would have passed, but the Dems are not going to have the records reflect that they pushed through a bill that was not equally supported by the Republicans, when it was a bipartisan measure. After all it was the Republicans who created this mess with their deregulation efforts. Hence, to enable Republicans to show their own support on the record, they deliberately voted in less than their number. The Dem voting numbers were prearranged to force the Republicans to determine passage.”

Farmington on Sep 29, 2008 at 19:29:02

“John McCain boasted, just this morning, that the billed had passed because of his intervention.

He claimed credit for the passage of a bill that actually failed once the vote was held.

Explain that.”
Bailout Package Fails As Dow Plunges

Bailout Package Fails As Dow Plunges

Commented Sep 29, 2008 at 19:12:51 in Business

“Yes! Finally someone talking sense! How can you make a good decision if you have no next best alternative? And how can you expect to pass something when you ignore the voices of the very people whose votes you need to pass the bill? Speaker Pelosi bears the blame. She needs to go NOW! That's change we can believe in.”
Bailout Package Fails As Dow Plunges

Bailout Package Fails As Dow Plunges

Commented Sep 29, 2008 at 19:04:00 in Business

“Today was a great example of why Congress has an approval rating 10 points WORSE than President Bush! Steny Hoyer is capable of leading the Congress out of this. Nancy Pelosi is not. Nancy Pelosi is the face of today's debacle.”

MeanGreenMachine on Sep 29, 2008 at 19:26:46

“I hope you own stocks.”
Bailout Package Fails As Dow Plunges

Bailout Package Fails As Dow Plunges

Commented Sep 29, 2008 at 18:50:56 in Business

“Speaker Pelosi is the leader of the House, in both title and power. She failed miserably today, and we will all pay for it in the coming days. She must resign and let Steny Hoyer move up. The logjam will not be broken otherwise.”

MeanGreenMachine on Sep 29, 2008 at 18:58:19

“Yeramoron.”
Bailout Package Fails As Dow Plunges

Bailout Package Fails As Dow Plunges

Commented Sep 29, 2008 at 18:46:55 in Business

“The reason Pelosi couldn't deliver the votes was because she was trying to protect VULNERABLE FIRST-TERM congressmen like CHRIS CARNEY. If we do an analysis of who voted "NO" on the Democratic side, it would probably be a who's who of freshmen coming from traditionally Republican districts. Nancy, you brought this on yourself. Resign!”

ttownrich on Sep 29, 2008 at 18:56:13

“She has a history of that behavior, like when she told democrat congressmen to say that they were for off shore drilling if they thought it would help them out in their districts.

she is all about power”

scandals&skeletons on Sep 29, 2008 at 18:54:44

“"PenisObserver" I say McCain should resign. This is completely his fault.

Here's what McCain staff and surrogates were saying before the vote:

"This bill would not have been agreed to had it not been for John McCain... This is a bipartisan accomplishment, a bipartisan success. And if people want to get something done in Washington, they just watch John McCain. He's been the guy whose name is at the top of major pieces of legislation for a long time."
-- Mitt Romney, NBC's Today show, 9/29/08

"What Senator McCain was able to do was to help bring all of the parties to the table, including the House Republicans, whose votes were needed to pass this"
-- Steve Schmidt, NBC's Meet the Press, 9/28/08

"We're optimistic that Senator McCain will bring House Republicans on board without driving other parties away, resulting in a successful deal for the American taxpayer."
-- McCain spokeswoman Kimmie Lipscomb, 9/26/08”

MeanGreenMachine on Sep 29, 2008 at 18:53:39

“SHe asked me to tell you to lick her balls.”

mabinog on Sep 29, 2008 at 18:49:29

“Why the Dems brought in almost 2/3 of the Dems Congress members to vote for this, the Reps approached only half.”
Bailout Package Fails As Dow Plunges

Bailout Package Fails As Dow Plunges

Commented Sep 29, 2008 at 18:42:18 in Business

“Why couldn't Nancy Pelosi deliver her own party's votes. How many was it? 94? in her own party that wouldn't go along with her. This is a complete failure of leadership on her part. Step aside Speaker Pelosi and let Steny Hoyer try. He won't bungle it as badly as you...”

eMJayy on Sep 29, 2008 at 18:56:15

“Pelosi delivered the Dem votes. You're clearly not familiar with how voting is conducted. This was to be a bipartisan effort, so all the Dems were never going to vote yes - all those who voted no on the Dem side actually approve the measure.The Dems arranged their vote so that the Republicans would have to equally support it in order for it to pass. House Republicans did not support it and here we are. So now we cross our fingers and hope that businesses don't begin to fold as the month ends and payroll generation becomes strained.”

Parkhurst on Sep 29, 2008 at 18:52:07

“95 dems voted against the bill and 133 republicans”

scandals&skeletons on Sep 29, 2008 at 18:48:13

“"PenisObserver"

Here's what McCain staff and surrogates were saying before the vote:

"This bill would not have been agreed to had it not been for John McCain... This is a bipartisan accomplishment, a bipartisan success. And if people want to get something done in Washington, they just watch John McCain. He's been the guy whose name is at the top of major pieces of legislation for a long time."
-- Mitt Romney, NBC's Today show, 9/29/08

"What Senator McCain was able to do was to help bring all of the parties to the table, including the House Republicans, whose votes were needed to pass this"
-- Steve Schmidt, NBC's Meet the Press, 9/28/08

"We're optimistic that Senator McCain will bring House Republicans on board without driving other parties away, resulting in a successful deal for the American taxpayer."
-- McCain spokeswoman Kimmie Lipscomb, 9/26/08”

franklin opt on Sep 29, 2008 at 18:46:25

“Why did she make that kind of speech when she knew she didn't have the votes!?

I hope Sen. Obama, Sen. Biden, Rep. Frank and Rep. Markey take notice.”
Bailout Package Fails As Dow Plunges

Bailout Package Fails As Dow Plunges

Commented Sep 29, 2008 at 18:31:40 in Business

“So we want accountability and change in Washington? Let's start with the resignation of the failed leader of the House, who so spectacularly bungled her job today. She has made herself PERSONALLY the roadblock in passage of this bill. Resign Nancy! That's change we can all believe in.”

nurseattorney on Sep 29, 2008 at 18:43:01

“Nancy Pelosi a failed leader TODAY? Today is the first day Pelosi actually did her job and stood up to the Republicans. Cantor, Boehner and the rest of the GOP desperately wanted this bill to pass, 'cause they don't want to see a market implosion anymore than anyone else. Hell, most of their big donors are the ones screaming for this relief. But oh yeah, they wanted the Dems to pass it without them, they'd love to hang the $700 billion dollar price tag around the Democrats' neck and when the bailout doesn't work exactly as planned or as quickly as desired, you'll hear them screaming about the socialist Democrats and the huge amount of money in this bailout.

I LOVE it. Let them stew in their own juices, let the market fall, and let McCain look as partisan and ineffective as he is. When this bill comes up again in a few days, it will damn well pass with votes EQUALLY from Dems and Repubs.”

eMJayy on Sep 29, 2008 at 18:42:14

“The House was supposed to vote on acceptance or rejection of the Bill, not on whether they liked or disliked Pelosi's comments. The House members who voted against the Bill simply used her statement as an excuse. If we are to believe them, they are now saying that members who felt offended voted against the the measure to punish her, despite the crisis situation. It is THEY who must resign.”

MeanGreenMachine on Sep 29, 2008 at 18:39:22

“This is the house republicans fault 100%.

YOUR PARTY FAILED,

YOUR STOCKS ARE CRASHING,

YOUR WEALTH IS DISAPPEARING

AND ITS YOUR FAULT!”
Bailout Package Fails As Dow Plunges

Bailout Package Fails As Dow Plunges

Commented Sep 29, 2008 at 18:15:01 in Business

“Speaker Pelosi has made herself the roadblock to success by poking her finger in the eye of the very people whose votes she needed. She must resign.”

geobushono on Sep 29, 2008 at 18:26:07

“Cindy Sheehan for Congress
HELLO, SAN FRANCISCO..........PLEASE.”

Grijpstra on Sep 29, 2008 at 18:26:00

“Read the speech. All she did was tell the truth. If you are Republican right now, the truth hurts. But it shouldn't hurt so bad you betray your country in its time of need.”

MNmommy on Sep 29, 2008 at 18:22:58

“She didn't need them, it's Bush's plan, lest you forget.”

jonmonbuckeye on Sep 29, 2008 at 18:21:18

“Agree she didn't help the situation. However, this is nothing more than a politcal ploy by the Republican'ts to try and salvage John McCain in the polls. He lost the debate Friday night, his VP pick has become nothing more than fodder for SNL skits, and his "leadership" mantra just failed miserably. He introduced politics into this debate on this issue, so now he needs to show true leadership to fix it. Again, this is nothing more than republicans not having political courage on a national issue.”

dumbosrus on Sep 29, 2008 at 18:19:17

“If you are refering to the House Republicans, I agree.

But once again, why did so many Dems oppose this bill?

The House's server is STILL down (I can only wonder why) so I can't get the verbiage of the bil, at it's entirety.”

donaldw6 on Sep 29, 2008 at 18:17:13

“Republican members of Congress who can't put the country ahead of their delicate feelings should all resign!”
huffingtonpost entry

Ringside

Commented Sep 27, 2008 at 21:23:47 in Politics

“The true test as to whether either candidate has "deep knowledge" is to do the Saddleback forum again. I think Obama gets away with "I agree with what John said" too much.”

anniegirl9 on Sep 27, 2008 at 23:01:25

“Rev. Warren stated to Larry King that he had to choose whether to go for debth or breadth. He chose breadth. While I admired Rev. Warren's attempt to show differences of oppinion without attacking the other (which was his main reason for hosting the event), one can not demonsrate deep knowledge when breadth is the goal.”
huffingtonpost entry

Ringside

Commented Sep 27, 2008 at 21:21:23 in Politics

“"To our amazement, the only overlap between our room and the pundits were the boxing references. Obama had won. Even the people who thought McCain had won more rounds than Obama thought Obama had won."
Why are you amazed? The mainstream media is completely in bed with Obama with the exception of Fox. Of course they said he won... He is there guy!!! I have stopped believing polls and pundits. Nov 4 is all that counts.”
Presidential Debate: Video, Highlights

Presidential Debate: Video, Highlights

Commented Sep 27, 2008 at 21:08:30 in Politics

“Agree it's a lunatic comment, but there are lots of these odd-ball comments on this thread... Please don't paint everyone with the same broad brush...”
Presidential Debate: Video, Highlights

Presidential Debate: Video, Highlights

Commented Sep 27, 2008 at 20:56:12 in Politics

“Say more.”
Presidential Debate: Video, Highlights

Presidential Debate: Video, Highlights

Commented Sep 27, 2008 at 20:44:12 in Politics

“You can be principled, but still have the wrong principles. I agree that he is intelligent and skilled, but his worldview is wrong.”
Presidential Debate: Video, Highlights

Presidential Debate: Video, Highlights

Commented Sep 27, 2008 at 20:23:02 in Politics

“Objective people would say he HAS done a lot to control earmarks and other wasteful spending... Also, you know that Congress is a BODY, and lately it has been controlled by Democrats. Is it really fair to lay all of Congress' failings at one man's feet? Of course not...”
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