" How about Obama firing Penny Pritzker...!!!

Penny is Barack Hussein Obama’s campaign finance committee’s chairwoman...

The Pritzker family, Penny in particular, were pioneers in creating a new financial product in the late 1990s & early 2000. It was called the subprime mortgage. When their bank failed, they ended up owing the government 1/2 billion dollars in unreimbursed FDIC insurance payments....

Subprime mortgages ring a bell...??? "

" The economy is sitting on the verge of a meltdown. I think we have to stop the partisan wrangling and political grandstancding by everyone and get serious. I view McCain's comment about Cox as part of his political campaign posturing.

His move today to stop the campaign and get to Washington to help stop the slide into depression is good. Obama should do the same thing.

We should all be demanding from our representives to solve the problem and stop the partisanship. We are close to a very dangerous brink here, people, the whole economy could unwind and once it starts it will be impossible to stop.

You cannot say we have a good economy when it is based on trillions of dollars of borrowing, by the government and by consumers, that we have no way of paying back.

Forget about going after a few CEO's that got way too much money, we have way bigger fish to fry and if we don't get off it we are going to live to regret it. "

" What's the good in bailing out the banks if they continue to make subprime loans that Fanny and Freddie will guarantee? Congressional oversight? Isn't Dodd chair of the Financial Committee? Isn't Barney Frank on the House Banking Committee? What were they doing to oversee Franny and Freddie? Will they STILL be doing oversight AFTER the bailout?

Let it burn... "

" NB, I know you have good intentions, however biased you are...

Because you support the left you want to shove the blame for all this under the rug, because that's where it came from...

The problem is this: Our "non-partisan" fix is using the same retards that started and supported this whole mess... You want these same people to "fix" the problem and just shut up about the blame...

Barney Frank is making the most noise about blame, and he's one of the worst offenders... He wants his finger in the pie as this is being fixed, so he and his cronies get their share...

It's the classic fox guarding the hen house, and you call it "partisan wrangling and political grandstancding" when the foxes have been identified...

Gimme a break... Telling people not to complain is a partisan way of shifting blame in itself...

Meanwhile, Penny Pritzker, Obama’s campaign finance committee’s chairwoman, is throwing out the red carpet for little hitler from Iran... She invented the sub-prime mortgage, and I'm sure you don't want that well known either...

Obama has a list of things we are not supposed to talk about (like his ears and criminal connections in Chicago), and now you want to shove more under the rug...??? It's getting real dirty under there, and you're running out of room...

Sheesh... You're so far left that you're gonna fall over and hurt yourself....

The main thing right now is to keep the fox outta the hen house, and that means identifying who the foxes are, donchya think... "

" His move today to stop the campaign and get to Washington to help stop the slide into depression is good. Obama should do the same thing

Uhmmmm NB, Have you viewed the news concerning Rick Davis and his involvement in Fannie and freddie? His being paid Millions? I think THAT is really sending the fox to guard the chicken coop and he was even given a key!

Sometimes you guys make me say @#$$E@$!#@$% are you thinking? "

" Funny how B.Hussein Obama just wants to talk about the crisis Friday night and John McCain is going to Washington to try and solve the prolem.

McCain = DO

Obama = DON'T "

" Anybody aware that Paulson was the head of the OFHFC? That is the organization that had oversight of Freddie and Fannie.


WHERE WERE THE DEMOCRATS FOR THE LAST TWO YEARS? IF THEIR LEADERSHIP IS SO STELLAR, WHY WEREN'T THEY SAYING ANYTHING???? "

" NB:I know we have to do something. I'm definitely not with the "let it burn" crowd (because the last depression as so much fun, right?). However, it's not playing politics to be skeptical here.

For years I've had to listen to "government regulation is the problem", "let the wisdom of the market decide", "government can't do anything right", etc. NOW business WANTS governments help. But, no strings attached, no promise of reform, no gain for the tax payer footing the bill, only a promise of dire consequences if we don't shell out the loot.

46,000,000 are uninsured. The gov't can't afford universal health care, but we can afford a $700,000,000,000 grant to the same people who brought us this mess.

Paulson and Bernake have been telling us that our economic system is fine. I guess they were wrong. So now we should listen to them?

How is this being paid for? Are we raising taxes? Are we cutting services? Are we printing more money? Is this a new program: NFCLB - No Fat Cat Left Behind?

Can I ask the government to pay off my credit card bill? How about paying off my car loan? That comes to 0.000003% of what these guys want.

If the congress and the president want people to even consider this, they have some explaining to do. Any one who allows Wall St. to play with that much of my money ($2300 for every man, women and child) deserves to be tarred and feathered. I will write in "Ronald McDonald" for every politician I have to vote for if ny guy allows this to happen. We couldn't do any worse. "

" The laws that created this mess were supported by Republicans and Democrats alike. Here's a press release from the Senate Banking Committee on the Graham-Leach-Bliley Act of 1999.

The U.S. Senate voted 90-8 today to approve S. 900, the Gramm-Leach-Bliley Act, which will repeal the Depression-era barriers that separate banking, insurance and securities. Sen. Phil Gramm, chairman of the Senate Committee on Banking, Housing and Urban Affairs, issued the following statement:

"I believe we have passed what will prove to be the most important banking bill in 60 years. It overturns the key provision of the Glass-Steagall act that divided the American financial system.

"Over time, the market and the regulators have used a variety of innovations to try to undo this separation. As a result, we have substantial competition occurring, but it is competition that is largely inefficient and costly, it is unstable, and it is not in the public interest for this situation to continue.

"The Gramm-Leach-Bliley Act strikes down these walls and opens up new competition. It will create wholly new financial services organizations in America. It will literally bring to every city and town in America the financial services supermarket.

.......Most people who have looked at the potential for providing financial services under a more rational system believe, as I believe, that there are tens of billions of dollars of savings for the American consumer that will be produced by the reforms of this bill."

You may note that the bill was written by at least one Republican, was voted into law by Democats and Repuplicans alike, and was signed by a Democratic president. Now how can you argue that one party is responsible for this mess? "

" I would also like to clarify my statement about not bailing out the banks and bailing out the homeowners instead. With the exception of Ron Paul, most "experts" seem to agree that a bailout of Wall Street is neccessary. I'm inclined to go along with the majority of thought on this matter, but there needs to be some penalty for the banks and their executives who made or bought these bad loans. Without some penalty we are just asking to get stuck with the bill again someday down the road.

I'm sure that some of the blame and penalties should be placed on the borrowers who made bad decisions as well.

I'll go along with the bailout, but we should insist that we as taxpayers, not Dems or Reps, get as much of our money back as we can and that we restore government oversight on the financial markets. "

" The RepubliCONS have stonewalled every attempt the Dems made to do anything these past 2 years.
Besides, why are you blaming the Democrats anyway? Don't you get tired of always reacting the same way? I could say, what did John McCain do for 27 years? He doesn't seem so pro-active to me? Knock it off. It doesn't accomplish anything now and it' s not any one party's fault. "

" Misfit-


They have been in power for the last two years. They control the Banking and Finance committees in both Houses.

Pull your head out. They knew and did not tell us. The bailout will only line their buddies pockets!

Just so you know, do your research on S.190 in 2005. This Bill authored by John McCain would have fixed this mess. "

" Todd Adams, makes sense. "

" and the need to blame beats on. "

" the bill in 2005 couldn't be passed by a republican controlled congress with a republican president.... "

" That's correct, Raven. The Republican's TRIED and failed.

As opposed to the Dem's who CAUSED the problem in the first place, RAN Franny and Freddie into the ground, BOUGHT OFF all the Dem policians (and some Rep's) with $$ from Franny and Freddie, OPPOSED any reforms to the system and are NOW running around saying it was the Republican's fault...

And people wonder why we have such a political DIVIDE in this country??? "

" This all comes back to campaign finance.

The reason that politicians of both political parties vote for disasters like Phil Gramm's bill is because lobbyists pay them to do it.

LOBBYISTS PAY THEM TO DO IT.

Democrats get paid by lobbyists to support bills put out by the majority Republicans to make it 'bi-partisan'.

And Vice-Versa.

The best campaign finance reform I ever heard was as follows:

"If you can't cast a ballot for me you can't give me any money." - Tom Campbell (R)-Palo Alto

No PAC money, no corporate money, no lobbyist money, no union money, no out of district money.

The congresscritter would be forced to pay attention to their base in their district instead of to their base of lobbyists.

The collapse of America may very well be caused by corrupting lobbyist cash.

~Ruff "

" so tell me kevin...how did they fail if they had a majority in the senate, a majority in the house and a president one would think was ready to sign a bill.....the only way the demos could have stopped a bill was with the aid and abetting of at least some of the republicans in the congress...do the math... "

" "The queen had only one way of settling all difficulties, great or small. 'Off with his head!' she said without even looking around." "