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.

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.

What can be done to offset this?

This was definitely a setup.

See this from The American Spectator”

>During the vote, Rahm Emmanuel, who served as a
>board member for Freddie Mac, one of the federal
>agencies behind the crisis, was monitoring votes
>on the floor. He took a leadership role in tanking
>the bill. “He was cheerleading us along, mothering
>the votes,” says the aide. “We wanted enough to
>put the pressure on the Republicans and
>Congressman Emanuel was charged with making it
>close enough. He did a great job.”
>-American Spectator.

Rahm Emmanuel is one of the most effective House whips in the past 50 years. He can get a dozen Democratic votes for anything with mean looks.

Emmanuel not even trying, given that he’s from Illinois, plus Obama’s campaign co-chair (Jesse Jackson Jr.) voting no, means that yesterday’s outcome was planned by Obama’s campaign.

The Democrats won’t let the bail-out happen before the election unless it is entirely on their terms. They want to keep this issue going until election day as a means of distracting the public from the election campaigns they had been losing.

Put Obama down for “present”

It’s great!

not sure I buy that. First all (most) of the foreign markets went UP after the US tanked yesterday, therefore the US market, seeing that the WORLD didn’t shut down because they know the American economy is basically sound (as McCain said) decided it isn’t a big catastrophe so the buyers went wild today. If anything, I’d say more people will now not be nearly as afraid if a big socialist bailout isn’t passed. I realize all the MSM will keep trying to keep the fear and panic in play to help their guy, but I think the panic is over. The market will go up again tomorrow. NO BAILOUT.