Sep 30 2008

Did Democrats Orchestrate A Bailout Failure To Boost Obama?

Published by at 11:50 am under 2008 Elections,All General Discussions

First we have Nancy Pelosi giving a highly partisan pre-vote speech to enrage the GOP and try and get them to move to the exits – which, actually they didn’t, their numbers did not move that much at all. It was either the dumbest move on the planet to obtain bipartisan support – or a crafty bit of theatre to cover up a dark sinister secret. 

Then, according to analysis done by Karl Rove, you have 5 Democrat Committee Chairs in VERY safe districts vote against the bailout??? Wait a minute – what was this all about? Why would these folks vote against the bill? Then there were numerous hyper liberal partisans like Barbara Lee, the Sanchez sisters numerous sub-committee chairs, and others – also in safe districts and who are natural allies of Obama and Pelosi – who voted “Nay”. What is going on here?

I have Karl’s analysis below (H/T Johny Dollar’s Place) but one thing strikes me strange here. With only 12 votes needed to move this over the top, why was the vote held open so long and what where the Dems waiting for? Could it be they had to call in some favors from these liberal leaders to keep the bill from succeeding? All evidence points to an effort by the Dems to tank the bailout – and the current mess is clearly helping Obama.

Is someone going to tell me these stalwart liberals would not put their candidate before the nation’s needs? Check out this comment from a democrat about the $1.1 trillion dollar loss this nation took yesterday:

Rep. Hank Johnson, D-Ga., told me yesterday that he felt no pressure at all to vote for the bill.

What about the Dow going down 778 points?

“The stock market goes up, the stock market goes down, that’s not something that I am particularly concerned with,” he said.

The Dems could care less how this hit Wall Street or Main Street. I find it implausible that Pelosi and Co. couldn’t dig up 12 measely votes. What I do find plausible and possible is that they kept moving Dems into the “Nay” column as more and more GOP members supported the bill (65 ended up doing so). That required 5 committee chairs to jump ship to save the plan – to tank the bill!

That is the only explanation I can see for this voting pattern. There was no ‘whip’ for the vote, but there could easily have been a plan to pad the opposition to make sure it went down in flames and helped their presidential candidate! Think about this as you listen to Rove’s observations on who exactly voted in the opposition after Pelosi tried to stoke a GOP uprising.

The key here is a Dem leader on the floor BEFORE the vote saying this issue would be used against the GOP in the elections. Anyone not connecting the dots is in denial and in the tank for those who might have destroyed the economy for some votes. I would like each of those named by Rove to explain their vote to see if their ‘rationale’ even passes the laugh test.

25 responses so far

25 Responses to “Did Democrats Orchestrate A Bailout Failure To Boost Obama?”

  1. sbd says:

    Effort to Rein In Fannie, Freddie Gains Steam
    Treasury Puts Muscle Behind Bipartisan Push for Greater Oversight of Firms

    By Jeffrey H. Birnbaum and David Cho Washington Post Staff Writers Wednesday, April 23, 2008; D01

    Past fights over efforts to boost regulation have been bare-knuckled affairs. Fannie Mae and Freddie Mac assembled two of the most expensive and formidable lobbying operations in Washington and were able to stop almost any attempt at regulation. “They really had this place locked down, and everybody was afraid of them,” Hagel recalled.

  2. >What can be done to offset this?

    State what is happening over and over again.

    The Democrats toggled over to preventing any sort of deal prior to election day when McCain “suspended his campaign” to deal with the melt down.

    Any deal prior to the election would make him look like a leader in tough times.

    If McCain has the sense God gave a goose, he would label the whole sub-prime mess as “a Failed Government Affirmative Action Housing Program” to identify the culprits and their motives in the story.

  3. longhornmatt says:

    McCain needs to start dropping names regarding Fannie, and Frediie…ie; Dodd, Obama, Schumer, and Frank! How many millions have these four guys gotten? When is the investigation start?

  4. [...] promised to lead and keep in touch and ensure a bipartisan solution – he failed. Miserably. And the clear effort by the dems to work more for partisan gain than a national solution did not help matters for the [...]

  5. [...] I am convinced the Democrats tried to make the economic situation worse to help Obama. Pelosi definitely let the first House vote tank with her ridiculous speech [...]