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White House Meeting Fails to Yield Bailout Deal

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moh malekpour

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http://www.washingtonpost.com/wp-dyn/content/article/2008/09/25/AR2008092500268.html?hpid=topnews
Top congressional leaders from both parties, including Democratic presidential candidate Barack Obama and Republican nominee John McCain, met with President Bush and key Cabinet officers at the White House today to try to close a deal on a massive rescue package for the U.S. financial system, but the meeting broke up without any sign of agreement.

The late-afternoon gathering came hours after House and Senate negotiators emerged from a closed-door meeting and said they had reached an accord on basic principles governing a plan that they hoped to pass soon but that was running into stiff resistance from some congressional Republicans
 

Randolph Kinney

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Lets see who blinks first after the markets open tomorrow.
 

Ray Miller

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Those boys and girls on Capitol Hill are still trying to clean up thier underwear after last week. It will be more then a blink again this time.

Reminds of the time that ole nip the bay horse cough and f arted at the same time, blew a t urd clear across the corral up at Many Glaicer in 72. When that t urd hit ole son he had the darnest look on his face, like what did I do?

Those boys and girls on the Hill still have a lot of coughing and f arting to do yet, they sure going to need some clean undies when this is all over.
 

lauralee

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Those boys and girls on Capitol Hill are still trying to clean up thier underwear after last week. It will be more then a blink again this time.

Reminds of the time that ole nip the bay horse cough and f arted at the same time, blew a t urd clear across the corral up at Many Glaicer in 72. When that t urd hit ole son he had the darnest look on his face, like what did I do?

Those boys and girls on the Hill still have a lot of coughing and f arting to do yet, they sure going to need some clean undies when this is all over.

G-D Ray... I just about passed some good Pinot Noir out of my nose. That's great imagery! :new_all_coholic:
 

Restrain

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Report coming out had Pelosi and Reed sending 20% of the money to ACORN. Just another pork barrel bill.
 

JT1974

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Dec 16, 2006
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Wisconsin
Report coming out had Pelosi and Reed sending 20% of the money to ACORN. Just another pork barrel bill.

ACORN are the nice folks that gave homeless people in Milwaukee cigarettes for voting for Al Gore in 2000. The more they voted, the more cigarettes they got.
 

Terrel L. Shields

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Arkansas
Britt Hume's spin seems to be that Bush, Paulson, the Senate and Demos in the house hashed out a bill. The Republican reps were left out. The meeting was called with the Repubs from the House thinking it was for negoiating the points that they had hatched on their own in their vacuum. The Dems announced a near deal apparently as a trap. The House Repubs were furious to be cut out of the deal. Barack did most of the talking and McCain said little but tried to sooth the feathers of the House Republicans. Barack was talking sound bytes he had received from his handlers who apparently was getting info from an insider at Goldman Sachs and close friend of Hank Paulson (Goldman's past CEO)...Barack then babbles something about how the Reps deep sixed the plans...Reid then launches into a specious attack on McCain, who did and said little. But the House Reps refuse to budge until they are heard out.... Ried and Polosi has to blink. So the deal looked good on paper but basically backfired. Bush meanwhile is stuck between a desperate situation and his now doubting republican house members who vow to get some changes or else....
 
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