Democrats take it in the rear by Republicans!!

[MrLabGuy]

Originally Posted by JCL

So we agree, he didn't accomplish anything? Too bad for him, because if he had been able to he would have come out far ahead.




McCain has missed 93% of the votes this session, from memory. I may be a few % off. He tried grandstanding, and it didn't work. I wouldn't call it sleazy, but it was very opportunistic. I respected Obama's comment that more would be accomplished by keeping presidential politics out of the process. It should have been a non-partisan issue. McCain injected politics. Sure, Pelosi did as well, but the question was about McCain, not the rest of the zoo.


I have no intention of trying to change your mind on this, just trying to understand the thought process.

Here is the problem I have. We have this GIANT crisis and the guy who wants to be President takes himself out of the "political" process because he does not want to be "political".

I could never sit on the sidelines in his position and let an outgoing President and a broken Congress with single digit approval ratings pave the way for my first term in office. It lacks Leadership in my opinion.

[Quicksilver]

Turns out the GIANT crisis you speak of may not be as big as some think it is.
Many economist are not buying this financial bailout thing. I don't know Obama's
thinking on the matter but it almost seems reasonable that he would indeed sit
on the sidelines in his position and let an outgoing President and a broken
Congress with single digit approval ratings deal with the issue.

After all the majority of the American public have made it
clear that they don't want the bail out.
With the failure of it passing The results so far have
basically been the same.

If he has something up his sleeve when he gets in office to solve this problem it will be regarded as a feather in his cap.

[carlgo]

Originally Posted by Quicksilver

Turns out the GIANT crisis you speak of may not be as big as some think it is.
Many economist are not buying this financial bailout thing. I don't know Obama's
thinking on the matter but it almost seems reasonable that he would indeed sit
on the sidelines in his position and let an outgoing President and a broken
Congress with single digit approval ratings deal with the issue.

After all the majority of the American public have made it
clear that they don't want the bail out.
With the failure of it passing The results so far have
basically been the same.

If he has something up his sleeve when he gets in office to solve this problem it will be regarded as a feather in his cap.

I suspect you are right. He seems pretty smart about picking his fights, those he can win. It is impossible to win a rational argument while all this is going on. Frigging Socrates would have no chance.

Neither candidate could get their own bill passed. Nobody will vote for anything Bush. A solution will come from a relatively obscure bipartisan group that has accounting skills.

Bush will sign a bill that socializes Wall St! In a few years Obama will start the process of returning it to private ownership. You never know.

[MrLabGuy]

Originally Posted by Quicksilver

Turns out the GIANT crisis you speak of may not be as big as some think it is.
Many economist are not buying this financial bailout thing. I don't know Obama's
thinking on the matter but it almost seems reasonable that he would indeed sit
on the sidelines in his position and let an outgoing President and a broken
Congress with single digit approval ratings deal with the issue.

After all the majority of the American public have made it
clear that they don't want the bail out.
With the failure of it passing The results so far have
basically been the same.

If he has something up his sleeve when he gets in office to solve this problem it will be regarded as a feather in his cap.

That might be the case but if so he backed into this position. It was not apparent the the American people were against this until after his decision to sit on the sidelines.

If indeed he is avoiding the fire to stay clean it also says a lot about his character. Wall Street took a Giant hit yesterday and everyone with investments including myself lost big time. Who knows what will happen today and tomorrow. Obama certainly does not know. So in a sense he is gambling with our future so he can look good and stay out of the tough fight in politics. If he really believes Congress is overreacting and this is not a big deal he needs to quit saying it is a big deal calling it the worst financial disaster since the great depression. As a leader he should be working with his party to bring them to some sort of consensus especially seeing his party is in power and has all the control to do what they want.

Now is the time to step up and lead...Not sit on the sidelines where it is safe.

[Kewl X5]

Well, for once Congress actually listen to the American people. The American people do not want CEOs of failed banks, etc. to get away. I agree we need a bailout plan, but not by mis-using American taxpayer's money. I applaud the Democrats and Republican who thought the current proposal was not a suitable one and basically need to find a better solution.

[Weasel]

Originally Posted by Kewl X5

Well, for once Congress actually listen to the American people. The American people do not want CEOs of failed banks, etc. to get away. I agree we need a bailout plan, but not by mis-using American taxpayer's money. I applaud the Democrats and Republican who thought the current proposal was not a suitable one and basically need to find a better solution.

I don't know what the "solution" is, but that bailout plan was not it! In my opinion the market is bigger than a quick solution, and trying to "fix" it is like trying to change mother natures course (ie: hurricanes, earthquakes, climate change etc.). While we will have some minor effects on it, we can not drastically change what is happening with a quick fix. No way, no how!