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Originally Posted by roachboy
the republican leadership assumed it had the votes.
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McCain clearly did not think this was true. House Republicans were not brought to the table early on. When McCain made this an issue he was insulted and claims made about his motives without consideration for the underlying issue.
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it's hard to believe the spin they're putting out about pelosi's fucking speech.
if this is such a Big Deal, you'd think that this sort of nonsense wouldn't matter, wouldn't you?
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The speech was the last straw. I was watching CSPAN as she gave the speech, even I was offended.
Then there are the details in the bill - one, being the government renegotiation of individual loan terms. This provision is the dumbest provision in legislation I have seen in awhile. It basically says if you are in default you get rewarded - hence why not have everyone go into default even people willing and able to pay their loans?
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i sense more petty self-interested games from the republicans, personally---but really in
politic terms, this is a shambles. there's plenty of blame to go everywhere. and there's no point in pursuing it, to my mind...
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I would not have voted for the bill.
I find it interesting the differences between Republicans and Democrats. The Iraq war vote, the issue was also presented by the administration in a manner indicating an urgent need. Democrats voted in favor of the authority without giving it adequate thought and later regretted the vote. I respect the Republicans who are standing firm, if they do vote in favor of the legislation I doubt they will say later that they were forced or lied too.
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i suppose the more interesting question is what do you think can or should be done now?
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Take the time to do it right or don't do it. If some firms fail so be it. The sun will rise the next day.
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what exactly is the problem that this doing is to be about?
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Panic. Never make major decision under duress. It is always better to take extra time. the administration over-sold its case. That was obvious. The economy is fundamentally strong, but no one has the courage to say it.