We are being “shocked” into submission. We are being played like de Klerk played Mandela. The neocons are staging a rolling coup. When a “verbal agreement” is announced and four hours later a two hundred page document shows up for a vote, it’s ALL pre-planned.

Frighten the public, then take them for all they’ve got.

I’m waiting to hear people’s defense of her answers…

This is awful regarding the bailout…
http://www.youtube.com/watch?v=npUMUASwaec

“What happened here, basically, if you want an honest appraisal of the thing, we have been spending a lot of time and I am tired. I have spent almost seven straight days at this in trying to come out with a workout plan for our economy a rescue plan,” said Dodd. “What this looked like to me was a rescue plan for John McCain for two hours and took us away from the work we are trying to do today. Serious people trying to do serious work to come up with an answer.”
According to the source with knowledge of the White House gathering — which featured both presidential candidates, congressional leaders and the President — virtually ever key figure in the room, save McCain and GOP Sen. Richard Shelby, were in agreement over a revised version of Treasury Secretary Hank Paulson’s plan.
Towards the end, McCain finally spoke up, mentioning a counter-proposal that had been offered by some conservative House Republicans, which would suspend the capital gains tax for two years and provide tax incentives to encourage firms that buy up bad debt. McCain did not discuss specifics of the plan, though, and was non-committal about supporting it.

McCain offered nothing. McCain backed nothing. McCain mentions a conservative bone to the wealthy by mentioning a plan to suspend the capital gains tax (as if that would do ANYTHING to help this crisis).

The reason people see thru McCain’s political move to “suspend his campaign” was that this would inject Presidential politics where it isn’t necessary. Well… it looks like that is exactly what happened.

By the way… did anyone see the Palin-Couric interview. OMG! I cringed. Her answers were completely painful and just flat out weird. I actually felt bad for her when listening to her answers. Katie Couric looked like she was thinking “Is this lady really serious????”

Check it out…
http://www.cbsnews.com/video/watch/?id=4478156n

But conservatives were still in revolt, balking at the astonishing price tag of the proposal and the heavy hand of government that it would place on private markets. Sen. Richard Shelby of Alabama, the top Republican on the Senate Banking Committee, emerged from the White House meeting to say the announced agreement “is obviously no agreement.”

One group of House GOP lawmakers circulated an alternative that would put much less focus on a government takeover of failing institutions’ sour assets. This proposal would have the government provide insurance to companies that agree to hold frozen assets, rather than have the government purchase the assets. Rep Eric Cantor, R-Va., said the idea would be to remove the burden of the bailout from taxpayers and place it, over time, on Wall Street instead

I think-
This puts McCain in a bind, and couldn’t have come at a worse time. To most Republicans
this is a hard sell, This is big government, a big tax increase. It is totally against what most GOP candidates are out there campaigning for. “Lower taxes” “Less Government”. “Free Market” ect… It could be damaging to alot of GOP campaigns,

The stock market did great today, on its own. If they can drag it out and debate about it for a little longer, company earnings should be coming up soon, that could keep the momentum going for the market. There has got to be some companies out there that did good and can rally the market.