Barney Frank Mocks GOP: "Because Somebody Hurt Their Feelings, They Decide To Punish The Country"

What was Pelosi thinking?? It took Beuhner an entire weekend to scrape up enough Republican "yea"
votes for this turkey . Pelosi stirdes to the mike BEFORE THE VOTE and starts chastizing the Republicans for this entire mess. Smooth move. The woman obviously went to the podium with a severe case of constipation of the brain and diarrhea of the mouth. Thank goodness Barney Frank had the ability to cover her ass and get the heat off her. Bush and Pelosi are both inept as leaders they both need to ousted from their "leadership positions. Obama needs to get a new speaker when he takes office.

Is there any wonder why exactly Congress has a approval rating LOWER than Bush????

If you want to get real news with unbiased commentary and facts - read politico.com. If you want to insult, name-call and gossip and "enjoy" the Palin swimsuit competition and Gossip Girl updates, you are in the right place.

The change and tenor of this site of late is appalling - so bad that if I stay much longer, I'm going to vote RED just to distance myself.... and that makes no sense...

Facts - not Frank! Someone said - all politics is local and the Republicans voted to save their jobs.... calls came into their offices 10-1 against bailout and they did what their constituents wanted. Only 2 had the balls and selflessness to change their vots as the dow took a nosedive. However, unless you, yourself, have been in this position - you really can't condemn the nay-voters with any credence. I was swayed in favor of the plan becuase men with actual experience that amounts to success with free-market ideologies were in favor and that meant they supported the plans depsite the fact that their own companies would (and maybe still will) flourish as their competition flounders.... listen to Buffet and Bloomberg - not these has-been, conflicted and ignorant politicans.

Wall Street REALLY wanted this bill. Who did Wall Street believe were its best friends in Washington? Rethuglican lawmakers.

Yet who killed this bill? Rethuglican lawmakers.

I never thought I would see the day when Rethuglicans Congressmen turned their backs on the haves and have mores the way they did yesterday.

Although I fervently hoped that Congress would act quickly, I am thrilled that the Dems get to craft a bill from scratch rather than to put lipstick on the pig that Paulson proposed.

The fact of the matter is that Pelosi is either a buffoon or purely malevolent. Any lawyer knows that you don't ask the witness a question unless you already know the answer! Or did she even want the bailout to pass?

Barney. Can you first explain these comments from a few years ago lambasting the gov't oversight agency of Fannie and Freddie and jejecting any possibility of a financial meltdown:

http://www.youtube.com/watch?v=_MGT_cSi7Rs&eurl=http://curmudgeonlyskeptical.blogspot.com/

Thank you.

Barney Frank consistently has the best comebacks and retorts to Republican nonsense. And yes, Barney, Republicans would gladly make the entire country suffer an economic meltdown because somebody hurt their feelings.

Anyone who pays attention knew this was coming... except Congress I guess.

The House of Representatives is a disgrace. All they care about is getting re-elected!
They're out for their own political asses and the hell with our jobs, our savings, our houses, our 401ks.
I will not vote for one incumbant this next election as a matter of principle. It's time to start this whole thing over!! They ALL have to go!!!!

FirstShirt asks why Pelosi didn't deliver all the Dems.

Well, she delivered a considerably larger percentage than the so-called republican leadership could manage. Why not all? Well, there are populist members in both parties. But in a larger way, she brought in all she really wanted to . To do more would make this look like a democratic plan. As she rightly said, this is a republican mess, let them participate in the fix.

Bottom line : the repubs couldn't bring home the bacon. They owned this- let them bask in it's glory.

Isn't anyone the least bit happy that the people that voted no are finally listening to the people that put them in office?

The support for this bill is about 10% . . .

"Five years ago, Barney Frank vouched for the "soundness" of Fannie Mae and Freddie Mac, and said "I do not see" any "possibility of serious financial losses to the treasury."

Moreover, he said that the federal government has "probably done too little rather than too much to push them to meet the goals of affordable housing."

Earlier this year, Senator Christopher Dodd praised Fannie Mae and Freddie Mac for "riding to the rescue" when other financial institutions were cutting back on mortgage loans. He too said that they "need to do more" to help subprime borrowers get better loans.

In other words, Congressman Frank and Senator Dodd wanted the government to push financial institutions to lend to people they would not lend to otherwise, because of the risk of default.

The idea that politicians can assess risks better than people who have spent their whole careers assessing risks should have been so obviously absurd that no one would take it seriously. "

Tomas Sowell.....Townhall.com

The failure of the House Repubs to support this bill can be summed up in two words: NEWT GINGRICH

After the vote, Bush was clearly upset and did not hide his confusion! During an interview with the President, him sometimes could not keep

themselves in the hands and in his speech felt panic. See here: http://tubedirect.net/index.php?q=Bush-interview-vote-about
All this even is not funny!