Some of that Democrat Leadership for Ya
September 18th, 2008 at 04:42pm Matt Margolis
According to Bloomberg News, the Democratic-controlled Congress may just adjourn and leave the financial crisis to the Fed and Treasury… and Harry Reid says “no one knows what to do.”
It’s nice to know that Democrats would rather go on vacation than address the financial crisis.
Entry Filed under: Democrats


21 Comments
1. david | September 18th, 2008 at 4:46 pm
I received the email below……
Has anyone else heard this or received this email?
Subject: The Dems are going to fake an Illness for Biden and Replace w/Hillary
Let me share some info with you that i have gotten from excellent sources within the DNC:
On or about October 5th, Biden will excuse himself from the ticket, citing health problems,
and he will be replaced by Hillary. This is timed to occur after the VP debate on 10/2.
there have been talks all weekend about how to proceed with this info. generally, the feeling
is that we should all go ahead and get it out there to as many blog sites and personal email
lists as is possible. i have already seen a few short blurbs about this - the “health problem”
cited in those articles was aneurysm. probably many of you have heard the same rumblings.
however, at this point, with this inside info from the DNC, it looks like this obama strategy will be a go. therefore, it seems that the best strategy is to get out in front of this obama maneuver, spell it out in detail, and thereby expose it for the grand manipulation that it is.
So, let’s start mixing this one up and cut the obamites off at the pass - send this info out to as many people as you can - post about it on websites and blogs - etc etc
2. hermie | September 18th, 2008 at 5:02 pm
WTF?!
Obama, Pelosi and Reid ran away when the oil situation was in near crisis, and now they run away when this crisis is facing them?
And they boast about THEIR superior leadership and judgement?
3. Wellington | September 18th, 2008 at 5:04 pm
Yeah, yeah, sure, sure. Next…
Speaking of next, here’s a theocratic winger advocating praying for McCain’s death so Sarah Palin could take over the hot seat and rule Oceania.
http://www.talk2action.org/story/2008/9/3/11483/34706/Front_Page/Theocrats_to_Pray_for_McCain_s_Death
Sarah Palin as your savior? Please. Your cup brimith over with wackiness.
I think she believes the hype too. She announced today the ticket as Palin/McCain.
Funny, she may be right. People walked out after her speech and left Grandpa standing there blathering the same tired old talking points.
4. New Conservative | September 18th, 2008 at 5:41 pm
I hope they do replace Biden with someone else. I doubt that will happen. The attack for that is too easy. Sorry, Obama the President needs to be a man who makes the right decision the first time. That man is John McCain.
http://www.thenewconservatives.blogspot.com/
5. Retired Spook | September 18th, 2008 at 5:52 pm
“DEMOCRAT LEADERSHIP” — The ultimate oxymoron.
6. kimberly4victory | September 18th, 2008 at 6:02 pm
I highly doubt Hillary would take the #2 spot. Even so, it’s good to get that rumor out there just in case it proves to be true. I really wouldn’t put it past BO to do anything to win the election, including having his supporters “get in the face” of anyone they talk to.
Exactly, RS.
7. Ricorun | September 18th, 2008 at 6:17 pm
Were we not supposed to read the accompanying article? It sounds like quite a few Republicans agree.
8. William of Orange | September 18th, 2008 at 6:19 pm
kimberly4victory writes:
“I highly doubt Hillary would take the #2 spot. Even so, it’s good to get that rumor out there just in case it proves to be true.”
K4V,
If it did happen, it would be rich to see her drag her feet even more than she is now for Obama. I agree because failed POTUS/VPOTUS candidates (especially VPOTUS candidates) are seen as highly damaged goods when the next election comes up.
Can you say Gore, Kerry, HRC, boys and girls.
9. Retired Spook | September 18th, 2008 at 6:53 pm
It sounds like quite a few Republicans agree.
Rico, which Republicans are you referring to besides this guy?
10. kimberly4victory | September 18th, 2008 at 7:05 pm
There was one more, RS (hardly, quite a few):
Senator Johnny Isakson, a Georgia Republican active on housing issues, scoffed at suggestions that lawmakers postpone adjournment to rewrite laws governing the financial markets.
I say, boot ‘em all out!
11. Ricorun | September 18th, 2008 at 7:21 pm
Spook, also mentioned in the article are John Snow (former Treasury Sect’y under Bush) and Sen. Johnny Isakson. I tend to agree with Isakson: “The last thing you need,” he said, “are 535 people, not many of whom are that well-versed in financial markets, trying to do quick fixes to a market correction that’s one of the more significant that we’ve ever seen.”
I think it’s going to take a while to sort out everything that happened and what all the causes were. And until that is done it would be absurd to try to pass spurious legislation just to make it look like you’re doing something. That’s my opinion anyway.
12. neocon | September 18th, 2008 at 7:37 pm
I agree Rico,
The less Reid and Pelosi do, the better. On everything.
In fact, just tell them both to stay home.
Both of them are the most ineffective, incompetent, partisan hacks for leaders this country has have ever had. Only to be surpassed by the racist, inexperienced, admitted cocaine using lawyer if he is elected POTUS. God forbid.
13. neocon | September 18th, 2008 at 8:30 pm
Here’s a little something off topic, but does reveal liberal ignorance:
On abortion, the latest New York Times/CBS poll shows 37% of voters say abortions should be generally available, 42% want the procedure available but with stricter limits than we have now. 19% say they should not be permitted at all…What do you make of those numbers?” Quinn responded: “Well, I think the majority of people in this country believe that abortion should be legal at some point. And 90% of people, for instance, who have Down’s Syndrome babies choose to terminate their pregnancies. So I think that people generally feel that a woman should have a choice.”
So, using the numbers from this poll, 61% want to either further restrict or eliminate abortions, yet the liberal Quinn believes that this poll suggests the people want abortion.
How can you debate people who are so detached from reality and completely mired in ignorance as liberals clearly are?
14. Danish Artist | September 18th, 2008 at 9:32 pm
Chalk another one up for McCain over Freddie Mac and Fannie Mae:
http://www.govtrack.us/congress/record.xpd?id=109-s20060525-16&bill=s109-190
From the Senate Floor may 2006:
Sen. John McCain [R-AZ]: Mr. President, this week Fannie Mae’s regulator reported that the company’s quarterly reports of profit growth over the past few years were “illusions deliberately and systematically created” by the company’s senior management, which resulted in a $10.6 billion accounting scandal.
The Office of Federal Housing Enterprise Oversight’s report goes on to say that Fannie Mae employees deliberately and intentionally manipulated financial reports to hit earnings targets in order to trigger bonuses for senior executives. In the case of Franklin Raines, Fannie Mae’s former chief executive officer, OFHEO’s report shows that over half of Mr. Raines’ compensation for the 6 years through 2003 was directly tied to meeting earnings targets. The report of financial misconduct at Fannie Mae echoes the deeply troubling $5 billion profit restatement at Freddie Mac.
The OFHEO report also states that Fannie Mae used its political power to lobby Congress in an effort to interfere with the regulator’s examination of the company’s accounting problems. This report comes some weeks after Freddie Mac paid a record $3.8 million fine in a settlement with the Federal Election Commission and restated lobbying disclosure reports from 2004 to 2005. These are entities that have demonstrated over and over again that they are deeply in need of reform.
For years I have been concerned about the regulatory structure that governs Fannie Mae and Freddie Mac–known as Government-sponsored entities or GSEs–and the sheer magnitude of these companies and the role they play in the housing market. OFHEO’s report this week does nothing to ease these concerns. In fact, the report does quite the contrary. OFHEO’s report solidifies my view that the GSEs need to be reformed without delay.
I join as a cosponsor of the Federal Housing Enterprise Regulatory Reform Act of 2005, S. 190, to underscore my support for quick passage of GSE regulatory reform legislation. If Congress does not act, American taxpayers will continue to be exposed to the enormous risk that Fannie Mae and Freddie Mac pose to the housing market, the overall financial system, and the economy as a whole.
I urge my colleagues to support swift action on this GSE reform legislation.
—————-
Liberals of course opposed and defeated this bill, but according to national disgrace Pelosi, Democrats are not in any way possible to bear any responsibility for these collapses.
They oppose true reform, Obama takes their money and their officials and puts them on his campaign but - it’s Bush’s fault.
McCain has proposed this sort of reform legislation TWICE and both times liberals have defeated it. Liberals defeated banking reform and enabled the risky loan practices through the Community Reinvestment Act amended in 1995, which gave us sub prime loans and brought these sort of debts to the public market as investments - but it’s not their responsibility - how much money have the Democrats received from their banking special interests?.
15. poonugget | September 18th, 2008 at 9:39 pm
Too bad McCain didn’t even bother to vote on anything regarding banking regulations….
16. Wellington | September 18th, 2008 at 9:40 pm
In a time of crisis, (except for Palin/McCain, one minute the economy is sound, the next…crisis) where is the leader of the western world?
On Thursday W poked his wee head out of the west wing…
I can read it now…he’s got nothing to do with it.
It’s ALL the dem’s fault. Blah, blah, blah.
He is still the President of the United States of America.
Right?
He might as well be on vacation. Why isn’t he rallying the troops, calling for panels of experts, doing SOMETHING? Anything?
Pour him another shot and put him in his recliner.
So many, many people have said the house of cards was going to fall and soon.
The lemmings here chimed in with their leaders and now their candidate-Palin (McCain who?) saying “the economy is sound”
Let’s go shopping!
17. keystoneRepublican | September 18th, 2008 at 10:20 pm
Danish Artist,
I’m sure there’s video of this speech somewhere (C-SPAN?). The McCain campaign should be running ads with video from that speech as frequently as possible. It could counter the “McCain has no economic experience” meme.
18. Kahn | September 18th, 2008 at 11:56 pm
poonass - he cosponsored a bill to clean up fannie and freddie that was killed by the same Democrats who it turns out were taking huge amounts of money from them.
19. Kahn | September 19th, 2008 at 12:00 am
http://pajamasmedia.com/blog/gore-hits-the-waves-with-a-massive-new-houseboat/
At least the global warming scam people are doing OK.
20. Ken | September 20th, 2008 at 11:19 am
Who’s fault is it? The ecomony started a tail spin _AFTER_ the democRATs took (stole?) control of Congress. Gas prices started increasing beyond control after teh democRATs took over Congress.
Fannie Mae and Freddie Mac, when not filling the pockets of democRATs was force to loan money to people that were huge credit risks and could not pay for the loans…
Yet our resident trolls still say it is the President’s fault even though it is Congress that controls the money.
21. FmrMarine | September 21st, 2008 at 3:46 pm
Neo
>>>Both of them are the most ineffective, incompetent, partisan hacks for leaders this country has have ever had. Only to be surpassed by the racist, inexperienced, admitted cocaine using lawyer if he is elected POTUS. God forbid.>>>
AMEN !