News Bits

M.O.T. Newswire -- Queen Pelosi trips on throne, curses noblemen under her breath. She was overheard, at which noblemen abandoned her prior to the battle for Stone Wall Street ... "This is a bad start for the Queen," stated Dr. DiCarlo. "She just regained her throne, and she almost voluntarily threw her crown away with that whisper." ... Tony Vahl congratulates the Democrat and Republican Congressmen who held firm and said no to the bailout. "The banks are are trying to rob the treasury! Unions and other political groups are trying to get money for their causes! This is a joke! The pain must happen ... the government must stop delaying the inevitable ... they've been delaying the inevitable since 2001; each time they do that, they make the problem worse." ... Rush predicts McCain landslide....


Roll call of heroes who stood against the current bailout package (they didn't pull out their wallets and buy the fear that Paulson, D, and Bush, R, have been selling):

---- NOES 228 ---

Abercrombie
Aderholt
Akin
Alexander
Altmire
Baca
Bachmann
Barrett (SC)
Barrow
Bartlett (MD)
Barton (TX)
Becerra
Berkley
Biggert
Bilbray
Bilirakis
Bishop (UT)
Blackburn
Blumenauer
Boustany
Boyda (KS)
Braley (IA)
Broun (GA)
Brown-Waite, Ginny
Buchanan
Burgess
Burton (IN)
Butterfield
Buyer
Capito
Carney
Carson
Carter
Castor
Cazayoux
Chabot
Chandler
Childers
Clay
Cleaver
Coble
Conaway
Conyers
Costello
Courtney
Cuellar
Culberson
Cummings
Davis (KY)
Davis, David
Davis, Lincoln
Deal (GA)
DeFazio
Delahunt
Dent
Diaz-Balart, L.
Diaz-Balart, M.
Doggett
Doolittle
Drake
Duncan
Edwards (MD)
English (PA)
Fallin
Feeney
Filner
Flake
Forbes
Fortenberry
Foxx
Franks (AZ)
Frelinghuysen
Gallegly
Garrett (NJ)
Gerlach
Giffords
Gillibrand
Gingrey
Gohmert
Goode
Goodlatte
Graves
Green, Al
Green, Gene
Grijalva
Hall (TX)
Hastings (WA)
Hayes
Heller
Hensarling
Herseth Sandlin
Hill
Hinchey
Hirono
Hodes
Hoekstra
Holden
Hulshof
Hunter
Inslee
Issa
Jackson (IL)
Jackson-Lee (TX)
Jefferson
Johnson (GA)
Johnson (IL)
Johnson, Sam
Jones (NC)
Jordan
Kagen
Kaptur
Keller
Kilpatrick
King (IA)
Kingston
Knollenberg
Kucinich
Kuhl (NY)
Lamborn
Lampson
Latham
LaTourette
Latta
Lee
Lewis (GA)
Linder
Lipinski
LoBiondo
Lucas
Lynch
Mack
Manzullo
Marchant
Matheson
McCarthy (CA)
McCaul (TX)
McCotter
McHenry
McIntyre
McMorris Rodgers
Mica
Michaud
Miller (FL)
Miller (MI)
Mitchell
Moran (KS)
Murphy, Tim
Musgrave
Myrick
Napolitano
Neugebauer
Nunes
Ortiz
Pascrell
Pastor
Paul
Payne
Pearce
Pence
Peterson (MN)
Petri
Pitts
Platts
Poe
Price (GA)
Ramstad
Rehberg
Reichert
Renzi
Rodriguez
Rogers (MI)
Rohrabacher
Ros-Lehtinen
Roskam
Rothman
Roybal-Allard
Royce
Rush
Salazar
Sali
Sánchez, Linda T.
Sanchez, Loretta
Scalise
Schiff
Schmidt
Scott (GA)
Scott (VA)
Sensenbrenner
Serrano
Shadegg
Shea-Porter
Sherman
Shimkus
Shuler
Shuster
Smith (NE)
Smith (NJ)
Solis
Stark
Stearns
Stupak
Sullivan
Sutton
Taylor
Terry
Thompson (CA)
Thompson (MS)
Thornberry
Tiahrt
Tiberi
Tierney
Turner
Udall (CO)
Udall (NM)
Visclosky
Walberg
Walz (MN)
Wamp
Watson
Welch (VT)
Westmoreland
Whitfield (KY)
Wittman (VA)
Woolsey
Wu
Yarmuth
Young (AK)
Young (FL)

Analogies I've heard the past year for the Mtg/Financial Crisis

"Buying a home right now, it's like trying to catch a falling knife."

"These mortgage-backed securities are radioactive."

"These loans are toxic."

"It's like a plane crash. [The Fed] is trying to stop the free-fall, and slow the crash landing."

"When a plane crashes, don't they investigate to see if was pilot error? Where's the investigation into this mess?" [Ed. Note: The FBI is now investigating 26 banks. Finally.]

My take:

Analogies oversimplify and belittle the danger to the public.

Can Paulson, Bernanke, all the banking committee Senators, SEC chairman Cox ... can they all just admit they failed us and resign with dignity? Please?

I personally don't blame King Paulson or Bernanke, per se ... but Paulson's used to be the head at Goldman Sach's, and the appearance of impropriety is way too strong here for me to stomach. Bernanke has been weak under pressure from Wall Street, and should have held the Feds Funds Rate over 4% from last year, in order to call the traders bluff last year, instead of letting the CRISIS build to now.

Any politician that took millions in contributions from Fannie, Freddie, and banks that have ceased to exist should also resign for the good of the public.

Say no to the $700 billion bailout. Call the bluff of the traders.

***

MEANWHILE ... the Pirates of Aden continue to hold Filipino hostages against their will in Somalia....