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Something good about the Senate passing the Bail Out Bill?

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chknltl Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-02-08 02:09 AM
Original message
Something good about the Senate passing the Bail Out Bill?
Let me start off by saying for the record that I am against this Bail out Bill, have been from the get-go! I am partial to versions proposed by Bernie Sanders or Dennis Kucinich-both use elements of trickle UP economics. I'm thinking Ol' Franklin Roosevelt would come up with something along the lines of what these two have proposed.

That said:

I've been thinkin'....yeah I know, thinkin', not one of my stronger talants...but check this out.

How many votes, come November, will this Bail Out Bill passing by the Senate and then next by the House cost Dem's in House and Senate races? Are we Dem's going to jump ship over this? I'm betting that when you go to the polls you will be voting straight Dem, I'm betting that the passing of this Bill will change NOTHING for how we Dem's vote come November.

I've noticed that this latest Bill by the Senate is basically the same one that the Republicans blocked in the House...remember how many of us cheered THOSE repukes???? One difference in this Bill is the addition of CORPORATE TAX BREAKS. Now how on Earth did our Senate Dem's let THAT happen without even blinking???? Did they sell us out? Do you truly think so???? And yet We The Unhappy Constituents will be voting straight DEM! You know you will do it and so will I.

What about the Republican constituents?
They have been spoon-fed for decades that Government is BAD by who? Their Republican Media and their Republican Leadership! What happens when that Republican Leadership STABS THEIR CONSTITUENTS IN THE BACK by passing this Bail Out Bill- ESPECIALLY WITH EVEN MORE TAX INCENTIVES FOR THE VERY CROOKS WHO DID THIS TO US!!!???? Yep, unlike the Dem constituency, the Republican voters are gonna be madder than......well I suspect a whole lot of them are gonna refrain from voting for any back-stabbin' politician this November!

OTOH what happens IF the House Republicans balk yet again and Wall Street goes into yet another nose dive? Whose fault will THAT be? We Dem supporters are STILL gonna vote straight Dem, nothing changed. On the other hand the mixed up Republican Constituency will be angered yet again because "It's The Economy Stupid", and WHO just balked on saving the economy???? Yep they'll be gettin' that line from EVERYONE because it will be those very repukes who voted to stop the Bailout Bill who will be holding' a bag load of dieing Wall Street!

Damned if they do, damned if they don't! We lost nothing vote wise and the Republicans up and down the line will be...well....SCREWN!!!!

Who comes out the other side as the ones who put partisanship aside and tried to work with the President's plan and even had to hold their noses at the addition of those disagreeable Tax Breaks for the very wealthy corporatist who have been putting the screws to us.... and did so in order to bring those economy hatin' Republican foot-draggers to a yes vote...????? Yep, I can say it in one breath but do you see how this is playing out??? The House and Senate Dem's come out like Heroes and the Republicans who voted against this come out as ZEROS! They chose partisanship over the economy, they even went against their own President. Do you really think the Dem's will let THAT go unheralded?

Now take this all a step further- We are potentially looking at a future Veto Proof Dem Majority in the House, likely more Dem's in the Senate and a Dem as POTUS. Don't you think that this Bail Out Bill can be revisited by Congress so as to remove the distasteful items and maybe a fix here and there????? Could we truly have made those fixes with the status quo in the Senate or the House?

Are you thinkin' what I'm thinkin'? Do ya suppose this was deliberate???? Do you think maybe our leadership just played some Heads-up-Hard-ball politics? Sure, we within the Dem base got our feathers ruffled but the Republican base took things one hell of a lot harder I think! (I'll bet the freep republikkk is pretty entertaining right now!)

Better yet- for well over a week, the MSM has NOT had the chance to dwell on such things as who DID or DID NOT wear a lapel flag pin or how much the candidates are spending on their hair-cuts...didja notice that? Didja notice exactly where America has been focused? Cool Huh????

Well that's what my lil brain just came up with. IMO there is a lot more politickin' goin' on than meets the eye here. IMO the House Republicans may have just been painted into the corner of Damned If You Do and DOUBLE Damned If You Don't! IMO this will cost them dearly come November!
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pansypoo53219 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-02-08 02:28 AM
Response to Original message
1. stall in conferance
hold off til jan.

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ContinentalOp Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-02-08 03:25 AM
Response to Original message
2. "Don't you think that this Bail Out Bill can be revisited by Congress"
No, by January the money will already be spent and gone. What's to revisit? The damage will have been done.
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girl gone mad Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-02-08 03:31 AM
Response to Reply #2
3. They'll spend it as fast as they can.
No way will they risk even the small chance of an altered bill.
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chknltl Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-02-08 04:55 AM
Response to Reply #2
4. You may be right...
I thought I had seen somewhere that part of the revision on the Senate version called for incremental spending. I looked for it but to no avail. I have seen so many proposed versions, (Bernie Sanders, Dennis Kucinich, Thom Hartmann and others) it is likely that I saw it on one of those proposed versions instead of the Senate revision. Incremental spending does not seem to me to be TOO much to ask for. Perhaps we could focus that to our Representatives.

This does diminish my enthusiasm-thats a whale of a lot of money, but my heart is warmed in the knowledge that we may indeed wind up with that Veto-Proof Majority in the House, more Senators and Barrack Obama as our President. Getting all that for 700 Billion-(PLUS) is...well I hesitate to say worth it but then I think of the alternatives and we still get stuck with that Bail Out! I am now shifting my hope to incremental spending and an e-mail to Congressman Norm Dicks and Jim McDermott.
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