Thursday, October 02, 2008

Conservative Democrats ?

The New York Times: As noted by the Times and the Telegraph, the NYT reports that the Senate Bill to bailout Wall Street could face problems from Conservative Democrats, who will not be happy that the bill they rejected has come back with another billion dollars of pork. This is the chance for the House to show the Senate what real leadership means, it means sometimes saying No and not backing down, do they have the nerve in the House. The West will not fall apart if the House should say No, in fact it might be Wall Street that will have to take one less holiday a year.

Sir Sherard Cowper-Coles

The Times: Has a profile on Sir Cowper - Coles, our man in Afghanistan Also a look at the decline of Afghanistan since 2001. Afghanistan as noted on this blog to many times is a hell hole if you want to win a war, lets be honest Alexander the Great had problems and he didn't play by our rules. We need a new plan for the place, what ever it takes but we need new ideas and we need an EXIT out of the place. Read of the Day.

The Fight in the House Representatives

The Times: Reports that the Wall Street Bailout bill approved by the Senate might have problems in the House of Representatives. In this case it might be Conservative Democrats who will not like the tax breaks that are not paid for by cuts. This is a bad bill, it has gone from seven hundred billion to eight hundred billion, the tax cuts and banking protection for depositors is a gimmick, its shield for those that have to go back to their states and explain their votes to their voters. Those on the left and right should oppose this bill. Lets go back to the credit crunch, the theory is that lenders will not lend to small business or to customers. This is bull, at the end of the day lenders are in the business of making money, thus by its term lenders lend, that his how they make money. The difference this time is that they will lend to companies and people money that they can pay back, not lend money to bad companies or people with no jobs or low credit. Thus this is the time to protect main street. Let Democracy work, let business work, oppose this bill.

The Truth about Afghanistan

Telegraph: Reports that the views of the British Ambassador to Afghanistan, Sir Sherard Cowper-Coles via the French government and a leaked cable. Sir Sherard is alleged to have negative views on Western Forces in Afghanistan and of the government of Afghanistan. The surprise is I agree with the alleged remarks, if we cant control the badlands of the border between Pakistan and Afghanistan then we should get out. The terrorists have a safe heaven on the border, the new Government of Pakistan is to weak to send in major troops, the West cant send troops in to Pakistan as this would cause the Government to fall and could allow the terrorists to take over a country with nuclear weapons, that would be real crisis, to hell with a credit crisis. Of course French Elite opinion is against France sending troops to Afghanistan, thus one has to take that in to consideration when looking at French press views of the War.

2nd Battle in the HOUSE = Wall Street Bailout = YOUR MONEY

Telegraph: Reports that the Senate Bill might have problems in the House of Representatives. Lets see the Bill has gone from 700 Billion to 800 Billion, gimmicks so Senators can go back to their states, what about House owners losing their houses, what about main street, the House cant throw out the Senate Pork as this would upset the Republicans, they Democrats need 60 votes, no tax breaks thus no deal. This is the is the last chance for main street to save itself from elite views of Wall Street and Washington D.C. This is the time for the voters to send emails, texts and to phone your Representative, tell them they will be on the unemployment line if the vote for this Bill.

Tsar Nicholas 11 and the Royal Family

The Times: Reports that the Russian Supreme Court has ruled that the assassination of the Tsar and his family was a political murder by the founders of the USSR, the Communist Party. As Reagan stated the Soviet Union was an Evil Empire, the Communist Party did the first evil of the regime, it killed its Tsar and his family, that first blood created in it own way the death of the USSR, it started in 1918 but finished with the demise of the USSR in 1991. .

Live Post on Senate Vote

First Stage 800 Billion Dollar Bill ( Pork for Senate )

2.02am
The Senate is leading up to the vote on the Wall Street Bailout. The Majority Leader is closing the debate.

2.07am
The Vote has started in the Senate.

2.10am
The System in the Senate needs a update, showing the voting, House better for voting record.

2.11am

The vote seems going Yes, could do with the figures.

2.12am

McCain as voted Yes for the Wall Street Bailout.

2.13am

Obama has voted Yes for the Wall Street Bailout.

The Result: Yes 74 No 25 First Stage Passed


2nd Stage of Bill:

As a good majority for the first stage it can be postulated that the issue moves back to the House. Does the House have the backbone to say NO to the bailout of Wall Street.

The Senate Vote

BBC News: Reports on the up and coming Senate Vote to Bailout Wall Street. As from the interviews with Senate leaders it seems that the Senate will will vote for this bailout of Wall Street, the Senate is lost its leadership and is not helping the American People, all the political gimmicks that have been added to the Bill will not cover one simple fact, the bill will bailout Wall Street to the figure of 700 billion dollars. The public will still lose their houses, while the Wall Street rich types will still be living the high life. I am not left wing as the reader of this blog will appreciate but some things are just wrong, does not matter if your left or right, its just wrong. I call on the American voter to call their Member in the House of Representatives, inform them they will be out on their ear if they support this bad bill. The time is limited folks, your future is at stake this very day.