Entries from September 2008 ↓

Marcy Kaptur voted in OUR POLL today (you can too!). She chose C, No Bailout for Billionairz.

Seriously, this might get really ugly. Kaptur’s mad as hell. We’ll see if she’s gonna take it anymore.

The number of emails to Capitol Hill in the past 24 hours has crashed the system’s servers. Wow. I guess the electorate is paying attention now! Details here.

How big was the outpouring of opposition that helped kill the bailout bill in the House of Representatives on Monday? Big enough to leave the House’s Web site with unprecedented technical problems.

The “Write Your Representative” feature on House.gov came under even more stress than the credit markets did, seizing up completely for most users over the past 24 hours. “The House of Representatives is currently experiencing an extraordinarily high amount of e-mail traffic,” a notice said.

Interestingly, more calls in favor of getting a bailout plan passed ASAP since the stock market plunge yesterday. Don’t forget to vote in our Puma PAC Poll HERE!

And here’s a new one!

via garychapelhill @ The Confluence.

Copy, paste and email all your friends. Let’s make it viral!

From: Henry Paulson [mailto:henrympaulson@gmail.com]
Date: 9/30/2008
Subject: URGENT Dearest One

Bright Greetings Dear American:

 

I need to ask you to support an urgent and important business relationship with a transfer of funds of great magnitude.

I am Ministry of Treasury of the Republic of America. My country has had a crisis that has caused the need for a large transfer of funds of $700 billion dollars US. If you would assist me in this transfer, it would be most profitable to you.

I am working with renowned Mr. Phil Gram, lobbyist for UBS, who will be my replacement as Ministry of Treasury in January. As a Senator of my blelegeaured and beautiful country, you may know him as the dear leader of the American banking deregulation movement of 1990s. This transactin is 100% safe.

This is a matter of great urgency. All you must does is send a blank check. We will be receiving the funds as quickly as possible. We cannot directly transfer these funds in the names of our close friends because we are constantly under surveillance. My family lawyer advised me that I should look for reliable and trustworthy person who will act as a next of kin so the funds can be transferred.

Please reply with all of your bank account, IRA and college fund account numbers and those of your children and grandchildren to wallstreetbailout@treasury.gov so that we transfer your commission for this transaction. After I receive you’re information, I will respond with detailed information about safeguards that will be used to protect the funds.

Wonderful salutations to you cherish friend from Republic of America.

Yours Faithfully,
Minister of Treasury Paulson

 

THE WASHINGTON HILLBILLIES

Come and listen to my story bout a man named Dodd
refied his house but it seemed kinda odd
saved eighty grand but he said he didn`t know
law makers get a break cause they`re friends of Angelo

Mozillo that is , CountryWide , Bad loans

Well the first thing ya know Angelo is in some trouble
he say`s HEY DODD NOW THEY SAY I CAUSED A BUBBLE!
Dodd say`s fine I`ll just sponsor us a bill
tell em that they need it and I`ll sell it on the Hill

Well the moral of the story that you all should know
better vote em out if they`re friends of Angelo
or one day soon we`ll be shootin at our food
Bernankes got us lookin at two hundred dollar crude

Oil that is , black gold , OPEC tea

And now it`s time to say goodbye to you and all your kin
and Dodd would like to thank you all for kindly chippin in
you`re all invited back again to this localitee
to pay another trillion for their bogus LTV

Loan to value, that is

Kick your shoes off
Ya`ll come back now ya hear?!

Thanks to RP, our Hillary Delegate and loyal friend in San Diego!

“Well, I think there are a whole host of areas where Republicans in some cases may have a better idea. Well, on issues of regulation. I think that back in the ’60s and ’70s a lot of the way we regulated industry was top-down command and control, we’re going to tell businesses exactly how to do things. . . And you know, I think that the Republican Party and people who thought about the markets came up with the notion that, “You know what? If you simply set some guidelines, some rules and incentives, for businesses — let them figure out how they’re going to, for example, reduce pollution.”

Barack Obama on Fox News Sunday, April 28, 2008 — that’s FIVE MONTHS ago! not some dusty old quote from the Way Back Machine. Five months ago.

AMATEUR.

Inspired yet?

(thanks to myiq2xu at the Confluence)

Oh, and what Lambert said (as usual).

McClatchy gets it right:

The failure of a proposed Wall Street bailout Monday underscored that America is suffering not just from a financial crisis, but also from a crisis of political leadership.

“This has been a bad day for Washington and a bad day for American politics,” said Harold Ford, a former Democratic congressman from Tennessee. “What happened today was an embarrassment for the country.”

None of the country’s political leaders, Republican or Democrat, has proved able to navigate the treacherous politics of the moment and secure an agreement to bail out the country’s financial system and restore confidence in the marketplace.

President Bush is a largely discredited lame duck. He’s not trusted by his own party and was unable to bend the Congress to his will even as he warned of a catastrophe if lawmakers rebelled.

Democratic presidential nominee Barack Obama and his party’s congressional leaders control the Congress and agreed with Bush’s urgency, but they couldn’t deliver a majority, either.

. . . snip 

When Obama, the party’s new leader, learned of the plan’s rejection, he spoke about Washington almost as if he weren’t a member of Congress.

“Democrats and Republicans in Washington have a responsibility to make sure that an emergency rescue package is put forward that can at least stop the immediate problems we have so we can begin to plan for the future,” he said.

He didn’t say how he might lead or what role he’d play. “Step up to the plate,” he told Congress. “Get it done.”

Meanwhile, NICE Prowling today Puma PAC! We stood up to the creeping Police State tactics of the Obama Movement and FORCED A RETRACTION. They BACKED OFF! This is what it’s all about Folks! Nicely done.

Here’s a quote from our new friend, Sheriff Glenn Boyer of Jefferson County, Missouri. I give him credit for being a straight talker, and pretty witty too:

Jefferson County Sheriff Oliver “Glenn” Boyer, who was also named Gov. Blunt’s statement, told WND that not only had he never agreed to join the “Truth Squad,” but also that it “infuriated” him that anyone would think he’d use his office to squash others’ freedom of speech.

“I’m a small, Democratic sheriff in rural Missouri,” Boyer told WND. “I haven’t even seen the original interview with Jennifer Joyce and Bob McCulloch. … All I know is, I came into my office on Monday morning unaware of any of this. I had a fundraiser Saturday, when all this started, of my own. I came into my office Monday morning, and I’ve got 500 emails and 19 nasty phone calls calling me a communist pig! I think, ‘Man, I thought it was a pretty good fundraiser.’”

Dow down 728 with twenty-five minutes to the close 628 with four minutes to the close 777 points on Super Massive Black Monday. Biggest point drop in history.

Let’s DANCE!

Surprise! Bank stocks down. Gold stock up!

   

Find Historical Data  | WHAT’S THIS?

Monday, September 29, 2008 - 3:19 pm ET

 

 

Biggest intra-day drop in Wall Street history.

Wheeee!!

I’m taking bets: Dow closes down 1000.

“House leaders tried to scramble for more votes and FAILED!”

Pelosi FAILED!

UPDATE 2:05pm eastern: Arm Twisting Time!

Will try to live blog it.

Watch it live HERE.