http://www.breitbart.com/article.php?id=D93D8AAG3&show_article=1

Expect fear mongering. What a boob.

Bush's average disapproval rating is now equal to Richard Nixons on the day he resigned and I expect it to become higher than Nixon's by January.

Bush's approval rating has been lower than Nixon's since '06.

http://www.realclearpolitics.com/epolls/other/president_bush_job_approval-904.ht ml

http://www.tinyrevolution.com/mt/archives/000914.html

Maybe he'll pull out this little gem:

"I understand times are hard and you're working hard trying to put food on your family..."

It's a wonder his approval ratings are as high as they are.

" Expect fear mongering."

And also expect to see an effort to slam a solution through SUPER quickly without any oversight or questioning or legal review or clarity of how it would actually solve the problems.

Sound familiar?

To many houses were built?

Gee New Orleans has to many houses.

Why didn't he tell the truth, there was weakness in the economy and I let speculators run the community markets so they could make a lot of money before I left office and then that Chuck Schumer from New York called me out on Indy Mac this summer and the house of cards fell apart.

If Schumer had stayed out of the way the house of cards would have fallen after I left office and my people would make sure that the next President would take all of the blame even though it was my eight years of not knowing how to govern that caused the problems.

This is just way too much fucking money to ask anyone to authorize in a few days time. If it takes a some time to get it right, then give it ample time. And what about competing proposals? There must be alternatives. There must be some credible sources out there with original ideas on how to resolve this situation because the Paulson Plan seems deeply flawed. And quite frankly, I don’t trust Paulson – given his relationship with Wall Street. And to defer to the demands of Wall Street is pure bullshit.

...horse shit and cow shit!

Just when we thought it couldn't get worse too! W knows no bounds. Probably it's his minions, who are likely running the show while giving George the warm fuzzies, who have no boundaries.

With these clowns absolutely nothing is off the table.

Past history aside ( and there is a LOT to move past ) if this is so important to get through and passed by Friday, then that's all the more reason to spend, what, AND EXTRA FUCKING MONTH OR WEEK, to discuss it?

Now, bringing back history in the the mix, are these the same guys that have been wrong on all their predictions about what would happen if we don't act in a nanosecond? They've been wrong on all the other predictions, but this time, predicting that soup lines will appear within a week if we don't act on THIS bill by Friday? They saw it all coming? Right. But the solution has to be hammered out in 45 hours. Got it. There could not POSSIBLY be another, better plan presented beyond Friday? This is the ONLY way to do it.

Give me a fucking break.

The sad part is I think they actually believe their own shit now.

I don't know about that.

Down deep, they know they are nut-bags, they know we know they are nut-bags, but they just don't care. They've gone the distance, it does not get any worse from here, so there is little to lose.

They are just like that guy that just crams it in, knowing the hump-day discount buffet is about to close.

I have BIG question.

If we pass this bill and our Country still goes into a Depression, do we still have to pay off this debt we're signing on to?

Or would we have been smarter not passing it, than having this extra debt wrapped around all our necks?

Well, depends on where the losses are.

I know it's not gonna hit me, simply because I don't have much to lose right now. So, bring it on! I sure don't want to make installments payments on this thing. Bad news is that people who saved will see their wealth taken from them as the dollar falls. (And I think it will fall, unless the firms that wrote these notes take one for the team and there is NO WAY that's gonna happen without a huge fight.)

More bad news is most common investments are gonna take a hit too. One from the dollar, another from the false value of the notes all coming home to roost in their portfolio. Maybe taking that 401K out, and storing it in Euros for a while makes sense. Who knows?

I know my kids don't want to make payments on this thing.

Who does?

If we are about free markets, and that's BS because markets exist because government lets them, then we really ought to learn a big lesson here and let those things work themselves out.

There will be winners and losers and from there we can start thinking about how to really generate wealth, not lie and try to gamble our way to it.

If the dollar ends up crap, there is a very strong incentive to start building stuff here again right? All for that as it's really the only solid way out.

My worry about fixing this is that it is really fixing a lie, an artificial construct that makes us appear more wealthy and productive than we really are. At some point, we have to face that. Why not just face it and build proper instead of continuing the farce in the hopes that we get an out of some kind?

Sometimes we have to just really hit bottom before we learn enough to do a better job. The depression brought us the New Deal and it was a great time for wealth creation and innovation.

Maybe that's not such a bad idea, hard as it will be to get through.

After a bit of thought. Fuck 'em.

I think I would take just nailing the health-care deal over this. That's a lot of money, so clearly we can do it. Plug the mortgage holes by helping the homeowners deal.

Lots of other stuff takes a hit, but then again, the risk for the average person goes down too. From there, we do lots of public works to build another round of infrastructure that big business can then use properly this time to build their business and get over their mistakes.

People are employed, working hard and we at least come clean on this crap and build value with real value and never, ever allow this crap again.

I'm totally up for that. Won't be pretty, but it will pay off way bigger than just handing the greedy a bucket of money in the hopes it will be enough.

For the record, I know that I know very little about the actual plan. But I know enough to know that I do not respond to " act now or lose the offer."

Also, I know that I have very little influence on what actually happens within the next two days.

I do know that I want to see the debates on Friday. Neither Obama nor McCain is on the committee that is going to hammer out the deal. And bet there is some kind of clause that would allow a vote to take place, by each candidate, if the vote HAS to take place on Friday at 9 p.m..

And I dare someone to cite the Constitution formality as a reason why this can't happen.

Finally, someone, somewhere is talking about this!

Here's two things I haven't heard anyone talk about:
1. What if the economy crashes in a few months anyhow, even with the "bailout?" Then the economy is gone, so is another $700 billion in debt. And what's the possibility that no person alive today will ever see the national debt paid off?
2. What Federal programs will be cut/eliminated to pay for this? I'm sure they'll gut and slash something. Environmental protection? Social services? Transportation funding? Something's gonna give somewhere. And I wonder if it involves an awful lot of people starving and/or freezing to death this winter.

Newflyer: If you must know where we're heading, read what I posted last Spring about Fall/Winter 2008. It's not going to be pretty.

http://boomp3.com/listen/c19ycdphn_w

Craig, is it this thread?
../208652/317212.html"#f7f7f7" align=left> Author: Craig_adams
Thursday, September 25, 2008 - 12:13 am

No, I wrote it myself after someone asked how bad will it get.