Sunday, September 28, 2008

If Ever You Needed A Reason, Here It Is

This just about says it all:

September 28, 2008
Categories: The economy

Blunt lobbies 10 retiring GOPers

From the freedom-is-just-another-word-for-nothin'-left-to-lose file:

Minority Whip Roy Blunt, top negotiator for the House Republicans, is huddling right now with about 10 retiring Republican reps get their votes, Patrick O'Connor reports, citing GOP staffers.

Illinois Rep. Ray LaHood reportedly encouraged the lawmakers in the room to back the proposal, telling them, "We're not going to face repudiation from the voters."

Remind me again, what was the headline on the front page of today's SN-L?
Oh yeah, Bailout Infuriates Missourians.

Richard Monroe will bring integrity back to Washington.

Oh, quick newsflash! Roy Blunt says it's not a bailout, it's a workout! From Chad Livengood's story in the online SN-L:
SPRINGFIELD, Mo. — U.S. Rep. Roy Blunt said Sunday the $700 billion deal Congressional leaders reached this weekend to prop up the beleaguered financial sector is no longer a bailout.

“I think we have moved this from bailout to workout,” Blunt told the News-Leader.

It’s no longer a bailout, Blunt said, because it allows the government to buy up junk assets in the troubled mortgage industry and sell them off over time — possibly for a profit. “A bailout indicates that you’re just giving money that you’re never going to get back and that’s not what this is anymore,” he said.

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