September 26, 2008
Goodbye, WaMu
The government takes over WaMu and sells most of it to JPM Chase.
The real funny? McCain and the House Republicans decide to poop all over the recapitalization plan that they had, earlier TODAY, agreed to. Well, some of them. The ones who are not batshit crazy.
Things grew so heated within the caucus, the Politico reported, that "some House Republicans are saying privately that they'd rather 'let the markets crash' than sign on to a massive bailout."One GOP lawmaker, referring to his defiant colleagues, asked rhetorically: "For the sake of the altar of the free market system, do you accept a Great Depression?"
Even Excreable Ed Rollins thinks the R's are putting themselves first...
"At the end of the day, there's a lot of people thinking about how to rebuild this party," said GOP strategist Ed Rollins on CNN, "and do we want to rebuild it with John McCain, who's always kind of questionable on the basic facts of fiscal control, all the rest of it, immigration. And I think to a certain extent this 110, 115 members of this study group are saying, here's the time to draw the line in the sand.""That's pretty scary stuff that they're thinking about party right now and not country, is that what you're saying?" responded host Anderson Cooper.
"I think they're, yes, they're thinking about themselves," said Rollins.
I'd like to take a moment to thank Rep. Frank and Sen. Dodd, as well as all the congressional D's for their hard work. And thank you, Mr. Chairman for yet again giving us THE quote...
Following the meeting, Frank and Dodd implored President Bush to persuade House Republicans that the situation is urgent. “The president has got to go to work here,” said Frank. As for McCain’s offer of assistance, Frank said, “God save us from such help.”
As for Speaker Pelosi... shove. this. bill. down. their. throats.
BTW - Thanks, Campbell Brown.
Posted by mcblogger at September 26, 2008 12:05 AM
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