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First Damage: Dow Down 748 »
September 29, 2008
Gingrich Switches Bailout Stance; Failure to Pass May Have "Horrendous" Consequences
I hope those opposing this aren't relying on last week's news and opinion.
Because they've changed.
Scroll back through Hot Air's headlines to see all the people who have reverse positions.
I'll tell you what's going on. The pubic hates this but it's necessary. Republicans are hoping it passes with the bare minimum of Republican support so that the majority of the caucus can run against it.
But they are hoping it passes. Most are, at least.
For those who are taking a purely doctrinal position on this (and by "purely doctrinal," I mean hand-waving the details of the bill and our current situation in favor of relying on very general principles), I really must urge you to read Big Lizards' post on this.
It's a longish read but worth it.
The Food Fight: Pelosi's hyperpartisan speech. Note, again, McCain could have hung this crisis around Obama's neck, but wisely chose to hold fire until the crisis had been addressed.
And vid of House Republicans blaming her.
Barney Frank, however, had a lot of fun calling Republicans temper-tantrum children putting the economy at risk because their "feelings were hurt."
That doesn't absolve Pelosi -- but if anyone thinks we can win on a spiteful response, you're dreaming.
And Here... We... Go! As Joker says.
One of the reasons we need Republicans on this is to keep the left-wing bullshit out of it.
Democrats are willing to keep that out -- in exchange for the bipartisan cover provided by Republican votes.
But if Republicans aren't voting for it, Democrats will have to put all that ACORN shit in again to bribe their utraliberal minority members.
Which is what they're now promising to do.
Slublog figured they'd do this.
Republican intransigence on this makes it nearly guaranteed there will be billions and billions of dollars for ACORN. And more money for the CRA. And more guaranteed mortgages for people who can't afford them.