Friday, September 26, 2008

Political Rant: Paulson Literally Begs for Democratic Support

Hello Bloggers - The New York Times is reporting that Hank Paulson actually got on his knees in front of Speaker of the House Nancy Pelosi (D) to beg her to keep the Democrats engaged and supporting the bailout idea.

He supposedly acknowledged that Republican squabbles were torpedoing the bailout's chances, but still knelt in the White House Roosevelt Room after the photo-op session yesterday and pleaded with Nancy Pelosi 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.” Mr. Paulson sighed. “I know. I know.”

The rapid unraveling of an agreement over the Wall Street bailout seemed to coincide with Republican presidential candidate John McCain's ostentatious return to the Capitol. "It was the very outcome the White House had said it intended to avoid," the Times Sheryl Gay Stolberg wrote, "with partisan presidential politics appearing to trample what had been exceedingly delicate Congressional negotiations."

I must say, but as a Democrat observing Republicans as a hobby - this blog - I can't believe the way they act sometimes. The only thing I can assume is they must be panicking, and will do anything to get bailed out - especially if it costs them money. It's disgraceful the way they've governed and they way the act when desperate. I think Pelosi should ask the president to beg -many of us would pay a LOT of money to see that. Republicans should be ashamed. This is all so embarrassing for our nation. If you're not disgusted, then you should be. I'd like to see John McCain take credit for this bailout after a scene like that gets around.

Friday's Political Rant #2 - Michael

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