“The Bush administration is urgently preparing a massive intervention to revive the U.S. financial system”

Why do I have a bad feeling about this?

The Fanny/Freddie scam was a piggy bank for Democrats. To save it seems even more foolish than investing in it in the first place. If you drop a diamond into a toilet that’s flushing, do you throw in the rest of your jewelry in hopes you’ll plug the toilet and save the diamond?

Maybe we have no other choice, because of the way the Dems’ financial scam has infiltrated every other market, but it’s still a long shot, and if we don’t get Dems out of there, the problem not only won’t get fixed, but will get worse and end very badly, imo.

When historians write about the downfall of America, the Democrats will figure prominantly in their tale. I can hear the Dem victory cry echoing down the halls of time, “Hey, look, their writing about me. I’m famous!.”

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Sobbering ..

The Bush administration is urgently preparing a massive intervention to revive the U.S. financial system, including a plan to sweep away the unpaid loans that are choking banks and blocking the flow of money to borrowers.

Congressional leaders gave bipartisan support to the administration’s efforts after a meeting last night with Treasury Secretary Henry M. Paulson Jr. and Federal Reserve Chairman Ben S. Bernanke.

Paulson and Bernanke presented a “chilling” picture of the state of the financial system, according to a participant in the meeting who spoke on condition of anonymity. Lawmakers were told that the consequences would be grave if they failed to pass legislation by the end of next week. Sen. Harry Reid (D-Nev.) and Rep. Nancy Pelosi (D-Calif.) committed to meeting that deadline.

Seems like somebody has an idea of what to do.

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ahh, another lame post. the white house and the admin economic advisers support the recess as they want to make sure no hasty legislation is passed that ends up creating more problems than it creates. cooler heads will prevail.

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I’ve been watching the news and the Dems think they are totally blameless.

Nancy Pelosi is the new “Cleopatra” because she is the “queen of De-Nial”

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Skye,
I was as amazed that the Dems would just shut down the CONgress like that. Amazing.

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Unfortunately Isakson AND Chambliss are my Senators, and are members of the gang of 10-20-??. Chambliss is up for reelection and pretty well liked.

Tom

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does congress ever really work. seems to me that they take way to much time off as it is. i know tha they are incapable of fixing this mess, but they look like chickens.

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Scott

Thanks, but I can’t take the credit, because it really is so obvious, I mean it’s as plain as the nose on their face

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Yonason, that is at least the POST OF THE DAY, if not the week imo. You hit the nail on the head!

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Timothy

We need to add at least two more to your list…

7 – Blame the Republican
8 – If all else fails,… RUN AWAY! RUN AWAY!

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