Who's running the GOP?

Notaguru2

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Just curious... anyone know? It's not Bush, McCain or Boehner. McCain talks about leadership... where in the heck is his party then?
 
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B_starinvestor

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Just curious... anyone know? It's not Bush, McCain or Boehner. McCain talks about leadership... where in the heck is his party then?

Both parties have behaved inexplicably over the past few days. I am in shock, I never entertained the possibility that this rescue plan wouldn't go through. Repubs were upset about Pelosi's remarks? Who gives a fuck. I didn't think anybody even listed to her meaningless banter anymore.

The leading financial mind in the last half-century, Warren Buffett, indicated that if he were able to get the same terms as the government and he had the capital available, he would finance the bailout himself. He also suggested that if we don't save the credit markets that it will be like a 'financial Pearl Harbor.'

Shame on all the lawmakers. Bush is being thrown under the bus for self-preserving campaigning from Repubs. Dems aren't guilt-free either. Why in the hell did the Dems sneak the ACORN provision into this bailout? Why slide that bullshit into the legislation?

What a mess we are in.
 

Notaguru2

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Both parties have behaved inexplicably over the past few days. I am in shock, I never entertained the possibility that this rescue plan wouldn't go through. Repubs were upset about Pelosi's remarks? Who gives a fuck. I didn't think anybody even listed to her meaningless banter anymore.

The leading financial mind in the last half-century, Warren Buffett, indicated that if he were able to get the same terms as the government and he had the capital available, he would finance the bailout himself. He also suggested that if we don't save the credit markets that it will be like a 'financial Pearl Harbor.'

Shame on all the lawmakers. Bush is being thrown under the bus for self-preserving campaigning from Repubs. Dems aren't guilt-free either. Why in the hell did the Dems sneak the ACORN provision into this bailout? Why slide that bullshit into the legislation?

What a mess we are in.

Snap! But... McCain said 1 1/2 weeks ago that our economy was strong... :eek: That must've been SOME epiphany.
 

B_starinvestor

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Snap! But... McCain said 1 1/2 weeks ago that our economy was strong... :eek: That must've been SOME epiphany.

He said the 'fundamentals' are strong. He was incorrect with that assessment. The fact is, neither he nor his opponent know shit about the economy. Contrary to popular belief, lawyers are functioning idiots in the subject of economics and business.

Why can't anyone listen to Ben Bernacke? He's not running for re-election or looking to 'cash in' on stock options or salary increases. He's simply a highly-skilled economic expert offering his substantially qualified advice on rectifying this fucking disaster.

When I hear McCain, Obama or any of the rest of a slew of lawmakers attempting to explain anything about economics and business I want to vomit into the ballot box.
 

stratedude

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Snap! But... McCain said 1 1/2 weeks ago that our economy was strong... :eek: That must've been SOME epiphany.
He said the [fundamentals] of the economy are strong.

I guess you could take out key words if it helps prove your point, as long as you are a liberal.
 

D_Davy_Downspout

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Both parties have behaved inexplicably over the past few days. I am in shock, I never entertained the possibility that this rescue plan wouldn't go through. Repubs were upset about Pelosi's remarks? Who gives a fuck. I didn't think anybody even listed to her meaningless banter anymore.

The leading financial mind in the last half-century, Warren Buffett, indicated that if he were able to get the same terms as the government and he had the capital available, he would finance the bailout himself. He also suggested that if we don't save the credit markets that it will be like a 'financial Pearl Harbor.'

Shame on all the lawmakers. Bush is being thrown under the bus for self-preserving campaigning from Repubs. Dems aren't guilt-free either. Why in the hell did the Dems sneak the ACORN provision into this bailout? Why slide that bullshit into the legislation?

What a mess we are in.

He said the 'fundamentals' are strong. He was incorrect with that assessment. The fact is, neither he nor his opponent know shit about the economy. Contrary to popular belief, lawyers are functioning idiots in the subject of economics and business.

Why can't anyone listen to Ben Bernacke? He's not running for re-election or looking to 'cash in' on stock options or salary increases. He's simply a highly-skilled economic expert offering his substantially qualified advice on rectifying this fucking disaster.

When I hear McCain, Obama or any of the rest of a slew of lawmakers attempting to explain anything about economics and business I want to vomit into the ballot box.

Holy shit, a factually accurate post from Starinvestor I agree with, and then another. Somebody save this thread.
 

jason_els

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The GOP has no visible leadership. Bush is so reviled that nobody will give him the time of day and nobody wants to be closely associated with McCain because they believe he will lose the election. Mitch McConnell is a non-entity, and Boehner is a yawner.

Both parties are fucked but the Dems seem to be only slightly less so.
 

Phil Ayesho

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Both parties have behaved inexplicably over the past few days. I am in shock, I never entertained the possibility that this rescue plan wouldn't go through. Repubs were upset about Pelosi's remarks? Who gives a fuck. I didn't think anybody even listed to her meaningless banter anymore.

The leading financial mind in the last half-century, Warren Buffett, indicated that if he were able to get the same terms as the government and he had the capital available, he would finance the bailout himself. He also suggested that if we don't save the credit markets that it will be like a 'financial Pearl Harbor.'

Shame on all the lawmakers. Bush is being thrown under the bus for self-preserving campaigning from Repubs. Dems aren't guilt-free either. Why in the hell did the Dems sneak the ACORN provision into this bailout? Why slide that bullshit into the legislation?

What a mess we are in.
Why did Bush try to slide in a provision to give government NO power of review over how His administration used the money?


The real issue, again, comes down to an insupportable belief in "free Markets" ideology.

Clearly, a lot of republicans STILL believe in letting the blue chips fall where they may...

And for the Democrats... nearly half of them are overly focused on the idea that BUSH will be administering the disbursement of this money thru Paulson.

I am not happy with ANY of their performance, but there is a strong indication that the dissenting Representatives are getting a LOT of feedback from their constiuents to let the fat cats swing.

Sad to think that what ends the US economy might be Republican success in getting media to SELL the idea of free markets.

I don't think the president is eloquent enough, nor inspiring enough of confidence to convince the American people that the only ones who will really get hurt in a collapse will be them... for a fat cat with 500 million to lose 300 million sucks- but he won't really suffer.

And Pelosi has the charisma of a wet cat.

This is a really tough spot... at a moment when a well spoken leader could explain the facts to the people... we ain't got one.



I tend to agree with and credit Warren Buffet, myself.
A man of principle who has never let avarice define his business practices.

ANd the same man who tried to explain, 12 years ago, that the invisible hand of the market was a dangeorus and irresponsible idea.
 
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Blocko

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I was under the impression that the GOP was run by a mix of Jesus, lobbyists and an ideological righteousness so strong it acts as a hive-mind. In other words it isn't run by anyone in particular, mainly due to a kind of pathological belief in being right about everything and for that reason wanting to be in charge of everything.

You tend to get manipulators and lobbyists who steer the said righteousness towards their own goals though. These people tend to have an interest in keeping it as a formless mass.

As for the present situation, really, it's rather simple. If you have people who are so intent on ignoring Keynesian economic theory, then they have a lot of trouble coping with a rather traditional Keynesian economic meltdown. Especially after spending 70 odd years trying to dismantle the policies and infrastructure put in place after the last one because they were too damn busy insisting the old system worked fine.

I mean, we've never seen a large drop in aggregate demand driven by a lack of both credit and liquidity in a poorly regulated market before... oh wait?
 

Phil Ayesho

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I was under the impression that the GOP was run by a mix of Jesus, lobbyists and an ideological righteousness so strong it acts as a hive-mind. In other words it isn't run by anyone in particular, mainly due to a kind of pathological belief in being right about everything and for that reason wanting to be in charge of everything.

You tend to get manipulators and lobbyists who steer the said righteousness towards their own goals though. These people tend to have an interest in keeping it as a formless mass.

As for the present situation, really, it's rather simple. If you have people who are so intent on ignoring Keynesian economic theory, then they have a lot of trouble coping with a rather traditional Keynesian economic meltdown. Especially after spending 70 odd years trying to dismantle the policies and infrastructure put in place after the last one because they were too damn busy insisting the old system worked fine.

I mean, we've never seen a large drop in aggregate demand driven by a lack of both credit and liquidity in a poorly regulated market before... oh wait?


Well said...

....Hive mind...