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| This Bailout Is Like You Bailing Out The Burglar That Robbed Your House OXFORD, Miss. - With the presidential campaign in limbo and Wall Street on tenterhooks, efforts by U.S. lawmakers to craft a $700-billion financial rescue plan stalled Thursday amid growing opposition to the bailout among conservative Republicans. The setback sparked a wave of partisan finger-pointing among frustrated members of Congress, just hours after Senate leaders from both parties announced they had reached broad agreement on the principles of a bailout. "I can tell you, I don't believe we have an agreement," said Alabama Senator Richard Shelby, the ranking Republican on the Senate banking committee. "There's still a lot of different opinions. Mine is, it's flawed from the beginning." U.S. President George W. Bush discusses the economic crisis during a meeting with members of congress, including John McCain, left. The remarks came after an unprecedented White House meeting that included President George W. Bush, Republican presidential candidate John McCain, Democratic candidate Barack Obama and leaders of Congress from both parties. The meeting ended with Democrats complaining it had been a waste of time and seemed aimed more at bolstering McCain - who had urged Bush to convene the gathering - than making progress on a deal. "I'm sorry we lost two or three hours on what was just a show down at the White House," said Democratic Senator Chris Dodd of Connecticut, chairman of the Senate banking committee. "I can't quite understand what was going on down there except political theatre. "I didn't need to be in the White House basically to have a photo opportunity for John McCain." McCain, who announced Wednesday he would suspend his campaign to join negotiations, balked at the Democratic criticism. "I've got to do what I think is right for the country . . . and if that hurts me politically, I'll gladly take the hit," he said. Democratic leaders in Congress announced negotiations would resume late Thursday. Speaking to reporters after the White House meeting, Obama said he would stay in Washington overnight, but urged McCain to join him Friday night in Oxford, Miss., for their first scheduled presidential debate. McCain has said he would not attend the debate unless a deal on the financial crisis was reached. "What I have found, and I think it was confirmed today, is that when you inject presidential politics into delicate negotiations, it is not necessarily as helpful as it needs to be," Obama said. "There's the potential for posturing and suspicions." McCain told NBC News he remained "very hopeful" a deal could be reached and that he would then attend the debate. At times Thursday, the whirlwind turn of events seemed equal parts politics and statesmanship. Early in the afternoon, negotiators from the Senate and House of Representatives emerged from negotiations to say they had struck a deal to authorize the federal government to buy bad mortgage assets that have plunged Wall Street into financial crisis, and which Bush said could trigger a long and painful recession. The proposed plan would place caps on pay packages for corporate executives receiving help and would see the government take an ownership stake in some firms so U.S. taxpayers could benefit if the companies again become profitable. The plan would have made $250 billion immediately available to the U.S. Treasury, with further authorizations subject to further scrutiny by Congress. "I now expect we will indeed have a plan that can pass the House, pass the Senate, be signed by the president, and bring a sense of certainty to this crisis that is still roiling in the markets," Senator Robert Bennett, a Utah Republican. Within hours, conservative Republicans in the House of Representatives said they would not go along with the plan, jeopardizing chances it would be approved. McCain, too, withheld his own endorsement of the agreement, saying lawmakers continued to have "legitimate concerns" about the bailout. Obama said he thought "things were moving forward." "There was some rough consensus around those principles," Obama said. "My impression from the meeting today was that the president and the Secretary of the Treasury still have some work to do with the House Republicans." Rep. Eric Cantor, a Republican leader in the House, said he had "not seen a way to getting majority support" among GOP lawmakers for the plan. At the White House, Bush again implored lawmakers to reach a deal. "We're in a serious economic crisis in the country if we don't pass a piece of legislation," Bush said. But it was unclear what had actually been accomplished at the White House. "It was not a negotiating session," said Democratic Rep. Steny Hoyer, the House Democratic leader. Members of Congress from both parties have reported voters are furious with the idea of helping Wall Street at a time when homeowners are defaulting on their mortgages and ordinary taxpayers are seeing the retirement savings nosedive. The negotiations come at a tricky time, not just for the presidential candidates, but for lawmakers facing re-election in November. Republicans, in particular, say they cannot justify the deal to constituents and oppose the bailout on principle, calling it unwarranted government intervention in the market. |
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| It was in early May, 2008, when rumors of a tape of Michelle Obama ranting and raving and making remarks that were consistently called "stunning". Then we heard the GOP already had this tape, and it was most likely Rudy Giuliani's opposition research team that found it, The Michelle Obama Rant Tape was allegedly filmed between June 26th and July 1st, 2004, in Chicago, IL, at the Rainbow/PUSH Coalition Conference at the Sheraton Hotel in Chicago, specifically the women's panel. Michelle Obama appeared as a panelist alongside Mrs. Khadijah Farrakhan and Mrs. James Meeks, wife of the hateful Rev. Meeks. For about 30 minutes, Michelle Obama launched into a rant about the evils of America, and how America is to blame for the problems of Africa. Michelle personally blamed President Clinton for the deaths of millions of Africans and said America is responsible for the genocide of the Tutsis and other ethnic groups. She then launched into an attack on "whitey", and talked about solutions to black on black crime in the realm of diverting those actions onto white America. Her rant was fueled by the crowd: they reacted strongly to what she said, so she got more passionate and enraged, and that's when she completely loses it and says things that have made the mouths drop of everyone who's seen this. The "tape" is a DVD that Trinity United sold on its website, and possibly offered free for download up until March 2008 when Trinity's site was scrubbed and the DVDs were no longer offered for sale. It's also being reported that ABC-7 news anchors moderated a panel at the Conference that appears to be the one Michelle Obama participated in. If so, then it's reasonable to believe ABC-7 in Chicago has footage from the panel discussion. |
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Tick..tick..tick still waiting Robert |
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| Under near withering assault from Republicans, House Speaker Nancy Pelosi (D-Calif.) has seen her approval rating suffer its first significant drop in her brief tenure wielding the gavel, according to a new independent poll. While she still remains more popular than President Bush, Pelosi's job approval rating dropped to 46 percent, according to an AP-Ipsos poll conducted in the middle of last week. Her disapproval rating climbed up to 44 percent, which is a sizeable shift from mid-January when the same poll had Pelosi's approval-disapproval rating at 51-35. That mid-January finding held steady in late February, when the Washington Post/ABC News poll showed Pelosi's job performance rated at 50-31 in favor of her. It's certainly noteworthy that the AP-Ipsos poll was conducted during the peak of attacks against the speaker for leading a congressional delegation to meet with Syrian President Bashar Assad. Those attacks included Vice President Dick Cheney's remarks on the Rush Limbaugh radio show and President Bush's comments during a Rose Garden press conference. And she remains more popular than Newt Gingrich (R-Ga.) was when he became speaker, settling in at an unpopular 40-48 rating by late January 1995. But Pelosi's drop in popularity serves as an early warning for Democrats. In separate interviews last week, a pair of House Democratic leaders circled the wagons around their speaker and vowed a strong defense. |
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Any mistake or gaffe by Palin could be fatal with a new poll finding voters are now questioning their commitment to Republican presidential candidate John McCain because of her. About one third of likely voters, 32 percent of likely voters now say Palin makes it less likely they'll vote for McCain, |
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