Obama Opens Up a 9-Point Lead

[Darius871]

Originally posted by Ramo
Collateralized loans (with a sufficiently high interest rate) are fine. Insurance and CGT cuts are the ludicrous parts.

Nobody says having most or even all of the plan consist of loans is out of the question. It mostly depends on McCain's final decision, which he's oddly kept to himself.

Originally posted by Ramo
With insurance, you've basically got the valuation issues that come with the initial Paulson plan, without the equity provisions that Dodd and Frank inserted.

Nobody says you can't have both. An insurance policy is a contract like any other, so equity could just be added as a distinct provision or somehow encompassed under subrogation. It's not just a simple "if you fail, then you get $$$" syllogism.

Originally posted by Ramo
As I was saying, the Dems can easily go to the left here and win tons of votes. Punitive nationalizations, for example, would probably be fairly popular.

I doubt there'd even be enough support within their own party to pass something that extreme, when they know the term "socialist" would be thrown around more than ever before. That kind of stigma alienates even populists. Let's not forget that 2 of their 51 lead in the Senate are caucusing independents, and the DLC is still alive and well. Maybe, maybe it would get through the House.

[Ramo]

Nobody says you can't have both.

Maybe, but is that what the House GOP is advocating?

I doubt there'd even be enough support within their own party to pass something that extreme.

Doesn't need to be. If the GOP wants to take an "it's about campaigning, not governing" attitude, the Dems can do the same thing. And get a lot more mileage out of it.

[Darius871]

Originally posted by Ramo
Maybe, but is that what the House GOP is advocating?

Like I said, and you conceded, ultimately they'll follow McCain's lead, and he's refrained from any sort of definitive decision so far. He could easily step away from Bush's preferences on the one hand and the House GOP's on the other to incorporate the best of both worlds. We just don't know yet.

[DinoDoc]

Originally posted by Ramo

I'm still waiting to see evidence for any House R support for this so-called deal from any House (not Senate!) leader at any point in the day.

As the Schieffer piece points out, the House GOP was waiting for cover from McCain.

From your own damn article: the ranking Republican on the House Budget Committee, was waiting to give him an earful. The $700 billion Wall Street rescue, as laid out by Treasury Secretary Henry M. Paulson Jr., was never going to fly with House Republicans

God damn it Ramo. Where was this substantial House R support you keep claiming for this deal? Every article you post claiming supports you says the support you say was there for it in the House never existed.

[Darius871]

Originally posted by Darius871

Originally posted by Ramo

Nobody says you can't have both.

Maybe, but is that what the House GOP is advocating?

Like I said, and you conceded, ultimately they'll follow McCain's lead, and he's refrained from any sort of definitive decision so far. He could easily step away from Bush's preferences on the one hand and the House GOP's on the other to incorporate the best of both worlds. We just don't know yet.

Incidentally, McCain's cryptic remarks at the debate did emphasize loans and specifically distinguished from a buyout (Bush & Dems). No comment on whether he'd also include insurance (House R's), so there's a chance he wouldn't. Maybe he's keeping this ace up his sleeve after all.

(skip to 5:52)

[Naked Gents Rut]

Why does anyone even bother arguing with Ramo? He's a shameless partisan hack.

[Ramo]

It's particularly great to see these claims coming from people willing to excuse anything McCain does.

You still haven't bothered to defend your dumbass articles about GSE regulation, Drake.

From your own damn article: the ranking Republican on the House Budget Committee, was waiting to give him an earful. The $700 billion Wall Street rescue, as laid out by Treasury Secretary Henry M. Paulson Jr., was never going to fly with House Republicans

God damn it Ramo. Where was this substantial House R support you keep claiming for this deal? Every article you post claiming supports you says the support you say was there for it in the House never existed.

A conservative Republican has an incentive to overstate his case. If it doesn't fly with the majority of House Republicans, that isn't necessarily a problem. The latest number floating around is that the Dems want at least 70 votes. For example, Spencer Bachus, ranking member of House Banking, endorsed the initial deal.

n.b. 70 votes is just over 35% of the caucus. Senate Republicans were willing to deliver over 80% of their caucus.

As I said, the House votes are tied to McCain's support of the legislation. As the Schieffer piece points out.

Incidentally, McCain's cryptic remarks at the debate did emphasize loans and specifically distinguished from a buyout (Bush & Dems). No comment on whether he'd also include insurance (House R's), so there's a chance he wouldn't. Maybe he's keeping this ace up his sleeve after all.

Watched McCain with Stephanopolus this morning, and he gave his (tepid) endorsement to the deal. Which means that it'll probably pass soon...

[Darius871]

Originally posted by Ramo
Watched McCain with Stephanopolus this morning, and he gave his (tepid) endorsement to the deal. Which means that it'll probably pass soon...

I dunno, it sounded like the typical "I'd like to see the details first" BS non-answer to me...

[Naked Gents Rut]

You still haven't bothered to defend your dumbass articles about GSE regulation, Drake.

Why would I defend a (quite successful) troll? All I was trying to do was make you look foolish and I exceeded beyond my expectations. Seriously, Ezra Klein?

[DinoDoc]

Originally posted by Ramo

From your own damn article: the ranking Republican on the House Budget Committee, was waiting to give him an earful. The $700 billion Wall Street rescue, as laid out by Treasury Secretary Henry M. Paulson Jr., was never going to fly with House Republicans

God damn it Ramo. Where was this substantial House R support you keep claiming for this deal? Every article you post claiming supports you says the support you say was there for it in the House never existed.

A conservative Republican has an incentive to overstate his case. If it doesn't fly with the majority of House Republicans, that isn't necessarily a problem. The latest number floating around is that the Dems want at least 70 votes.

And according to published reports they had 4 votes from the Republicans in the House at the time of the claimed deal. You show me something saying different and I will admit that I was wrong in calling you a liar.

[Darius871]

NGR is Drake? It all makes sense now!!!

[Naked Gents Rut]

NGR is Drake?

There is no proof of this. The fact that "Naked Gents Rut" and "Drake Tungsten" are anagrams is mere coincidence, I assure you. I know Drake from Eventis and I hate that guy.

[Darius871]

Suuuuure...

Where you been man?

[Naked Gents Rut]

Going to school in New York.

[Darius871]

Oh yeah? What's your curriculum been like NGR? monetary theory, decision models/management, international capital markets, stuff like that?