26 September 2008

do they think we're morons?

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WASHINGTON (AP) — House Democrats say the idea of letting judges rewrite mortgages to help bankrupt homeowners avoid foreclosure won't be a part of the $700 billion financial industry bailout.

Speaker Nancy Pelosi, D-Calif., told Democrats at a closed-door meeting Friday evening the provision would be a deal-breaker for Republicans who she has said must deliver substantial votes for the rescue plan. That's according to several lawmakers who attended the session.

Democratic presidential nominee Barack Obama had said earlier that the measure didn't belong in the bailout.

The concession came as staff aides to key Democrats and Republicans worked into the evening searching for compromise on the rescue bill.

The answer to that would be YES. Over and over and over and over again. Some monster offense to all that is decent and constitutional comes up; the Democrats take turns coming out with statements about how they're going to block it, or fix it, or prevent it, or generally unmonsterize it, make a big splash with it, and then cave 100%.

They shrug and whimper that they don't have the power to stop any of it.

THEY ARE LYING!

Plus, beyond the bald fact that it is flat wrong, a lot of economists are saying a bailout is not necessary. Then there is the itsy-titsy-eensy-weeny point about the bill being FUCKING CRIMINALLY UNCONSTITUTIONAL. We heard from Larisa on that the other day, and we've heard from John Washburn about it too. Are these skulking Democrats listening to any of these people? Not for a minute.

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