I wonder ... do you suppose this bailout "emergency" is the Administration's "October surprise?" I've been expecting them to come up with some sort of emergency to ensure a Republican victory in the upcoming election, but I actually expected either an attack on Iran or some sort of imminent "turrurist" threat. However, when Dumbya came on prime-time television tonight to speak to the nation about the imminent financial threat which *must* be dealt with *immediately,* it dawned on me that this could be it - the October surprise. Only, it may have backfired.
Wednesday, September 24, 2008
As you know, they wanted Congress to adopt Paulson's bailout bill, as written, within 24 hours. When that didn't happen, they sent Cheney in to try to strong-arm the Republicans into supporting the bill. When that didn't work, they started making small concessions to Sen. Dodd's recommendations, and now they've trotted out the Prez to try to get the public's support (no, I do not know what they were smoking when they thought that would work.)
Meanwhile, McCain is SO concerned that he's passing up the chance to debate Obama (what a trooper!) so he can "lead the fight, because that's what leaders do" (his campaign spokeman's words) and handle this "urgent crisis."
I wonder if their plan was that Obama and the rest of the Democrats in Congress would protest the Paulson bill, but it would get passed anyway - by Friday, mind you - because this is so urgent, and then keep pounding the message from now 'til election day that if it wasn't for the Republicans passing the bailout bill, the American taxpayers would be in the crapper for sure. They didn't count on the taxpayers already knowing what the crapper smells like because they're IN it, not to mention resenting the hell out of a bailout, nor was the Administration prepared for the revolt within its own party.
When both parties in Congress started saying wait, let's take a good look at this bill and not be rushed into anything, lo and behold, the market held steady - thus, no immediate crisis. This whole thing just might have backfired. And wouldn't that be nice?
Except, that does still leave Iran on the table, doesn't it?