Verbal brawl in the White House

-- What - George didn't get his way?

It appears the Republicans want their party back! And not a moment too soon.

I'm sure Congress worked very hard to forge a bipartisan compromise; a solution to the financial crisis that was constitutional, and included protection for taxpayers. The very predictable and reoccurring problem is - of course - that compromise isn't (ever) what George and his buddies want. The Neocons want total control of the purse strings - a complete financial coup - and nothing less will ever satisfy them.

George won't be happy until he and his pals have stolen every last borrowed penny.

This was so predictable. That the Republicans fought back... that is a welcome surprise. It may just save our nation from crippling debt and bankruptcy.

Congress - both Republicans and Democrats - hammered out a compromise. But it was never going to fly with the Neocons. They (who created this mess) refuse all compromises, all oversight, all 'rights of man' -- and they spurn and scoff at our Constitution.

They came for our money, our children's money, and our grand children's money. I'm sure they planned to spirit it overseas, perhaps to Dubai.

Thank you Congress -- and especially to congressional Republicans -- for standing firm. Stick to your principles! Don't let up. We're counting on you.

Thank you to the real Republicans. I dream of a day when the Democrats can remember what they once stood for as a party; the party of Kennedy and Roosevelt (they can start by glancing over at Dennis Kucinich and Russ Feingold.) Perhaps then there will be balance again.

If not... its time to form a third party to represent the growing numbers of us that fall through the cracks. Honestly... I've always been something of a mix: fiscally conservative, socially progressive. And no, I don't mean 'liberal;' progressive... as in 'progress.'

Progress means alternate forms of energy that won't destroy our climate or cause endless wars for oil. Progress means protecting the environment for future generations and simply because it is the right thing to do. Teddy Roosevelt (Republican) created our National Parks Service. Eisenhower (Republican) created the Alaskan Wildlife Refuge. Republicans have a tradition of preserving the land. They haven't always been greedy destroyers.

Progress means protecting our Constitution against tyranny and any hostile overthrow of our democracy. The Constitution is the only true guardian of our freedom. No foreign war is ever going to make or keep us free. That is our responsibility.

Progress means change from this rule of greed and elitism. Progress means a return to the days when we Americans believed in justice, honor, fair play, prosperity for all. Remember that American dream? Many of our ancestors went through hell to reach our shores so that their descendants could live well and prosper, in freedom and harmony. But they expect us to preserve this dream.

Fiscally conservative and socially progressive. I don't see why we can't live in a nation that succeeds economically and socially. I have never understood why our corporations couldn't be successful in a free market, while taxpaying Americans (and the poor, the down and out) also succeed or at least survive with good jobs, fair pay, good schools and affordable health care. It was only corporate greed that got in the way of balance and the 'good life' in our country, and around the world.

If the corporations - with Neocons promoting this irresponsible behavior - weren't so damn greedy, we'd never have gotten into this mess. We could have had a healthy society that all could live in and thrive.

I hear there are a lot of us who consider ourselves 'fiscally conservative and socially progressive.' Neither party wants us... we need our own representation.

From the New York Times:

September 26, 2008

Talks Implode During a Day of Chaos; Fate of Bailout Plan Remains Unresolved

WASHINGTON — The day began with an agreement that Washington hoped would end the financial crisis that has gripped the nation. It dissolved into a verbal brawl in the Cabinet Room of the White House, urgent warnings from the president and pleas from a Treasury secretary who knelt before the House speaker and appealed for her support.

“If money isn’t loosened up, this sucker could go down,” President Bush declared Thursday as he watched the $700 billion bailout package fall apart before his eyes, according to one person in the room.

It was an implosion that spilled out from behind closed doors into public view in a way rarely seen in Washington.

By 10:30 p.m., after another round of talks, Congressional negotiators gave up for the night and said they would try again on Friday. Left uncertain was the fate of the bailout, which the White House says is urgently needed to fix broken financial and credit markets, as well as whether the first presidential debate would go forward as planned Friday night in Mississippi.

When Congressional leaders and Senators John McCain and Barack Obama, the two major party presidential candidates, trooped to the White House on Thursday afternoon, most signs pointed toward a bipartisan agreement on a grand compromise that could be accepted by all sides and signed into law by the weekend. It was intended to pump billions of dollars into the financial system, restoring liquidity and keeping credit flowing to businesses and consumers.

“We’re in a serious economic crisis,” Mr. Bush told reporters as the meeting began shortly before 4 p.m. in the Cabinet Room, adding, “My hope is we can reach an agreement very shortly.”

But once the doors closed, the smooth-talking House Republican leader, John A. Boehner of Ohio, surprised many in the room by declaring that his caucus could not support the plan to allow the government to buy distressed mortgage assets from ailing financial companies.

Mr. Boehner pressed an alternative that involved a smaller role for the government, and Mr. McCain, whose support of the deal is critical if fellow Republicans are to sign on, declined to take a stand.

The talks broke up in angry recriminations, according to accounts provided by a participant and others who were briefed on the session, and were followed by dueling news conferences and interviews rife with partisan finger-pointing.

Friday morning, on CBS’s “The Early Show,” Representative Barney Frank of Massachusetts, the lead Democratic negotiator, said the bailout had been derailed by internal Republican politics.

“I didn’t know I was going to be the referee for an internal G.O.P. ideological civil war,” Mr. Frank said, according to The A.P.Thursday, in the Roosevelt Room after the session, the Treasury secretary, Henry M. Paulson Jr., literally bent down on one knee as he pleaded with Nancy Pelosi, the House Speaker, not to “blow it up” by withdrawing her party’s support for the package over what Ms. Pelosi derided as a Republican betrayal.

“I didn’t know you were Catholic,” Ms. Pelosi said, a wry reference to Mr. Paulson’s kneeling, according to someone who observed the exchange. She went on: “It’s not me blowing this up, it’s the Republicans.”

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