• February 14, 2012

Barney Frank is ANGRY, again, and John McCain better stay away from the portly House Financial Services Committee chairman. He says they’re all working with “serious Republicans” but that obviously means no McCain. Frank’s doing a live press conference, which we would liveblog, but we already did one of those this morning and it’s not even noon. Also, the People are going to start lynching CEOs (which is racist) if there’s not some relief for the common folks, &c.

Oh, whatever, we will do some liveblogging of these people.

“And then, guess who came to town, and it all fell apart.” HA HA HA HA. That’s Harry Reid, talking about a certain walnutty old creep who broke everything, again. “Are they serious that one of the issues here is lowering the Capital Gains tax? …. We can have this done by midnight tonight, have it done.”

More from Harry, who apparently grew a pair?

“What we said last night is, Fine, let’s start all over again, but we’ve got a proposal from the White House, and this is our response to the proposal from the White House. Are we going to get another proposal from the White House?”

Re: Obama:

“Let’s look at this realistically. Chairman Dodd has been on the banking committee for many years … regulations and legislation are complicated ….

“Let’s let the poeple who have been set apart by their colleagues in the Senate, let them do the work, let them do it, outsiders should stay out of the way … the two presidential candidates are not involved, not on the committees … we believe something should be done, but I repeat what Senator Dodd said: We did not create the problem ….

“Listen, isten, we’re not in a numbers game. This is a problem created by Republicans, by this administration. But we want this to be bipartisan …. Senator Dodd will come to me and say ‘This is the very best we can do …. Let’s put it up for a vote and see what happens.’

“At probably 10 or 10:30 tomorrow morning we’re going to vote on a resolution. We’re legislators. Is it a perfect solution? No matter what we do here will be imperfect. And we need the House Republicans to join us. Thank you.”

{ 66 comments }

columnv September 26, 2008 at 11:06 am

Barney pitch. John catch.

grendel September 26, 2008 at 11:08 am

Yeah, we need a lower capital gains tax and we need to cut the cost of all this regulation on the financial markets. Seriously, the problem has been all this intervention from the government.

Serolf Divad September 26, 2008 at 11:09 am

I really think that Barney Frank is just overreacting like a hysterical queen. After all, what has John McCain done? Nothing more than to risk plunging the world into a second great depression in a desperate bid to revive his pathetic, flagging campaign that, if successful will likely bankrupt us anyway as the old geezer declares war on Iran, North Korea, Pakistan, France and Russia. In other words: tempest in a teapot.

DoctorCulturae September 26, 2008 at 11:10 am

[re=109495]columnv[/re]: My friends, you’ll have to help me with this, but isn’t that bear love? Gov. Sar-uh must be familiar with this.

Tommy Says So September 26, 2008 at 11:11 am

I don’t mind the gay so much, but the Barney? What, Bernard was too too?

AngryBlakGuy September 26, 2008 at 11:11 am

…just call a random geriatric home and tell them one of their patients is missing and you have them. They are so scared of lawsuits they wont even ask any questions!

Serolf Divad September 26, 2008 at 11:12 am

[re=109497]grendel[/re]:

Absolutely, if anything this mess has shown us that Wall Street needs even less regulation and an even freer hand to dream up exotic, incomprehensible financial instruments that leverage an additional 1.3 billion dollars for every real dollar on the table.

The Real JR Revisted September 26, 2008 at 11:13 am

Everyone, please pay attention to this: http://www.huffingtonpost.com/2008/09/26/first-obama-mccain-presid_n_129569.html

If McCain doesn’t show up, the “debate” would be seen as an illegal $5mil contribution to Obama therefore it CANNOT happen. And McCain gets his way and gets to fabricate his own narrative.

This is so depressing.

Monkey September 26, 2008 at 11:13 am

“More from Harry, who apparently grew a pair?”

A pair of Walnuts, that is.

accidental_tourist September 26, 2008 at 11:14 am

Dang it I’m still painting in one room, while listening to a TV in another room.

Did Reid say that he wanted to know where McCain stood, but all McCain did when he came back was stand around in front of cameras?

Cogito Ergo Bibo September 26, 2008 at 11:15 am

Harry Reid just let everyone know that Barney Frank slept in this morning. Are those two a couple, now?

tunamelt September 26, 2008 at 11:15 am

[re=109516]The Real JR Revisted[/re]: Yeah, okay, the gin for lunch idea is definitely happening today.

grendel September 26, 2008 at 11:16 am

[re=109516]The Real JR Revisted[/re]: Grab a random person from the crowd… 90% of them will be McCain supporters, so throw them up there to support his side, and you’re good to go.

Outstando September 26, 2008 at 11:18 am

I would hope that the Ds are now able to ratchet up the demands for taxpayer equity and humane treatment of home owners, in exchange for solvency.

Tax breaks and less regulation? That’s what created this mess in the first place.

Cogito Ergo Bibo September 26, 2008 at 11:19 am

[re=109525]tunamelt[/re]: Meet you at the bar up the street. I’ll be the one drinking the elitest gin martini, lightly shaken with tears.

ihasasad September 26, 2008 at 11:19 am

My my my my my! Remember that old man in that movie who was in a car and kept reading out the signs? The same old man who asked a question and was told the right answer but kept saying “No, that’s not it.”? His name was John McCain:

Here’s his exact words:

“I think that we’ve made progress, and I’m confident we will have a deal. How much I had to do with that, I’ll let you and others be the judge.”

http://www.huffingtonpost.com/2008/09/26/confused-mccain-claims-we_n_129490.html

user-of-owls September 26, 2008 at 11:19 am

Also, the People are going to start lynching CEOs

Oops. Better change the verb tense.

“CEO murdered by mob of sacked Indian workers”
http://www.timesonline.co.uk/tol/news/world/asia/article4810644.ece

stew September 26, 2008 at 11:20 am

McNasty now in complete meltdown mode. I was earlier thinking Palin may step down, but now I wonder if the GOPers will ask Wrinkles to take a hike.

OffTheRecord September 26, 2008 at 11:21 am

[re=109516]The Real JR Revisted[/re]: NOOOOOOOOOO!!! I asked about this in another thread. Can he take questions from the parking lot or something?

Sussemilch September 26, 2008 at 11:21 am

[re=109516]The Real JR Revisted[/re]: I disagree. You can have a commercial for a candidate without him actually appearing in it. This is a bipartisan commercial, more or less, and if the Republican strategy is to hide their candidate in a room full of his peers who want to kick his ass while the other guy debates as planned, so be it.

Miller September 26, 2008 at 11:22 am

Lynching CEO’s? I’m already halfway done building the guillotines. I thought we were gonna do this old old school.

http://thesebastards.blogspot.com/

Cogito Ergo Bibo September 26, 2008 at 11:22 am

[re=109535]user-of-owls[/re]: Whoa. Good thing we’re outsourcing to such a stable economy. Oh. Right. Glass houses. Never mind.

freakishlystrong September 26, 2008 at 11:24 am

Why is it when Republicans create a shit storm and fuck us all in the ass, we can’t play the “blame game”?

madtowngooner September 26, 2008 at 11:25 am

CNN says McFuck face will do the mass debate. Problem solved I guess.

NoWireHangers September 26, 2008 at 11:25 am

Sorry people, but it doesn’t matter what anyone thinks except the undecided mouth breathers. All that matters are the polls, so I don’t care if WALNUTS! debates or eats a salisbury steak; I just want to see his numbers plummet. It doesn’t matter how mad or justifiably mad Barney Frank is, it matters what Joe Moran in Indiana thinks about WALNUTS! pulling this shit. I hope to God the shit hits the fan. It’s been a few days since we’ve had fresh Schadenfreude around here.

AngryBlakGuy September 26, 2008 at 11:25 am

[re=109525]tunamelt[/re]: [re=109533]Cogito Ergo Bibo[/re]: …I prefer to drink at home by myself. See that way no one can tell me I had enough!

donner_froh September 26, 2008 at 11:25 am

It doesn’t matter. The $700 Billion buys a few weeks/months for the banking system but credit continues to get squeezed and economic activity (making stuff, buying and selling it) everywhere slowly comes to a shuddering halt.

If Jesus, Mohammed, Moses and the Budddha became our four headed president they couldn’t fix this. See you in the hobo jungle. I’ll be the one with the double barrel 12 guage.

user-of-owls September 26, 2008 at 11:26 am

[re=109546]Cogito Ergo Bibo[/re]: They can keep the call centers, but no damn way are we gonna outsource the lynching. To paraphrase our comrades in the Azanian People’s Liberation Army: One CEO. One bullet.

OuterBoroughPrincess September 26, 2008 at 11:27 am

Speaking of lynching executives. . .

Apparently, the Labor Minister has now apologized after saying the exec had it coming. Rash and irrational outburst, followed by awkward and insincere change of course? Is that you Walnuts!?

dano September 26, 2008 at 11:27 am

McCain is like the bully that says “meet me in the playground after school cause I’m Gonna kick yer ass”, then doesn’t show up. What a pussy. Actually, that’s not fair to pussies.

choinski September 26, 2008 at 11:30 am

Who’d a thunk it: Barney Frank, once derided as ‘Barney Fag’ by a Republican collegue, becomes savior to the nation. yay!!!!!

Tommy Says So September 26, 2008 at 11:30 am

[re=109550]freakishlystrong[/re]: I agree with your sentiments, but perhaps your verb order should be reversed?

Serolf Divad September 26, 2008 at 11:30 am

[re=109561]dano[/re]:

He didn’t show up because he was otherwise engaged for 5 1/2 years, Alan!

hockeymom September 26, 2008 at 11:30 am

WTF? The crawl on MSNBC says McCain is going to show up…the talking head on the channel is saying it’s still a big mystery?

What is true?
What to believe?
It’s all too much…I’m going shopping.
(for cardboard boxes to move into).

WadISay September 26, 2008 at 11:30 am

Harry Reid is the largest land-dwelling invertibrate in North America. He’s still trying to figure out how to give Bush’s friends on Wall Street $700B for a problem that, at the grass roots level (measured by all the mortgages currently in default) is an integral fraction of that. He ought to be slamming his briefcase shut, walking to the door, turning around and saying, “Give me a call when you Repubs have your shit together enough so I’m not negotiating with a fog bank.” Dems have no appetite for confrontation, fooey (spits).

Cogito Ergo Bibo September 26, 2008 at 11:30 am

[re=109558]user-of-owls[/re]: Agreed. Let the lynching begin!

[re=109554]AngryBlakGuy[/re]: I’ll be doing that during the debate tonight. That and liveblogging with the Wonketteers in my undies.

[re=109552]madtowngooner[/re]: So glad Grampy freaked out for nothing. Such stability is heartening in potential world leaders.

Outstando September 26, 2008 at 11:31 am

Time for Frank, Pelosi, Dodd & Reid to take two steps back from Paulson, and let the Republicans get their house in order. Be the voice of Main St and the American people–get back to articulating values, not back Paulson’s plan.

StrangelyBrown September 26, 2008 at 11:34 am

It’s on, bitches:

http://thecaucus.blogs.nytimes.com/2008/09/26/debate-is-on/

John McCain has courageously shown courageous leadership by courageously contradicting that thing he said the other day. Again.

hockeymom September 26, 2008 at 11:34 am

SHUT UP Carl Cameron….can you be ANY MORE in the tank for McCain!!!

user-of-owls September 26, 2008 at 11:35 am

[re=109560]OuterBoroughPrincess[/re]: Ahem. The ‘Page Up’ key is in the upper right corner of the keyboard.

slappypaddy September 26, 2008 at 11:36 am

tax breaks? capital gains? regulatory relief? ‘kay, wonketties, less get back t’th’basics. i know you all know this already, but this will be on the final, and will be 137% of yer grade, give er take, so less review–

WHAT IS OF VALUE:

(it ain’t gold, which y’can’t eat drink or wear, and it ain’t that paper stuff, even tho that burns so nice)

1. climate-appropriate clothing
2. toothbrush (doan brush yer teeth wit diamond dust, even if the’bank goes bust)
3. clean, well-oiled firearm (some folks calls ‘em guns)
4. plenty o’bullets fer number three above
5. canteen fer water
6. sturdy sharp knife
7. way t’make fire

there y’go. meltdown shmeltdown, we doan need no stinkin bail-out. git them seven taken care of, y’can take care o’the rest.

Cogito Ergo Bibo September 26, 2008 at 11:36 am

Uh oh. Pundit implosion alert. The CNN talking head is going to try and follow the timeline of McGrampy’s economic positions over the last week.

Walter Sobchak September 26, 2008 at 11:37 am

[re=109533]Cogito Ergo Bibo[/re]: Not Elite Depression, ELITEST Depression!

OuterBoroughPrincess September 26, 2008 at 11:38 am

[re=109576]user-of-owls[/re]: lo siento . . . http://www.hindu.com/2008/09/24/stories/2008092460851700.htm

donner_froh September 26, 2008 at 11:38 am

[re=109575]hockeymom[/re]: After everyone is finished with their tanks I will grab one to live in after the collapse. Good protection from roving bands of killer zombies, bands that will be led by the rotting corpse of Johnny Mac.

Doglessliberal September 26, 2008 at 11:38 am

[re=109574]StrangelyBrown[/re]: yep

http://voices.washingtonpost.com/the-trail/2008/09/26/mccain_says_yes_to_debate_in_m.html?hpid=topnews

what a weasely statement by his spokesman.

freppish September 26, 2008 at 11:39 am

obama should just run adds that play the clip of mccain saying he doesnt understand the economy over and over, and maybe the one about the jobs never coming back

The Real JR Revisted September 26, 2008 at 11:39 am

[re=109544]Sussemilch[/re]: Although it’s now moot since the debate is on, the illegal contribution thing also had me wondering if it were possible. But it does make sense.

If McCain didn’t show up and the even wasn’t cancelled, it would be, as everyone had called it, a 90 minute infomercial of Obama doing his thing. First you have the campaign ad rules (if i remember my media studies correctly) that you have to give both candidates the opportunity to have equal time on your network. Obama would have gotten all the time. Also, his doing his town hall thing like he usually does is not on Obama’s dime but on Ole Miss’ dime therefore it would be them contributing to his campaign, albeit in a way out of their power.

Gah. I’m tired. At least i’m having my party tonight.

Mista Eko September 26, 2008 at 11:39 am

NPR SAYS JOHN MCCAIN IS GOING TO THE DEBATES AFTER ALL!

LOLOLOLOLOLOLOLOLOLOLOL GAME TOPHER!

Canmon (the Inadequate) September 26, 2008 at 11:41 am

[re=109587]Doglessliberal[/re]: So basically he’s saying “Washington played the blame game” and then blaming Obama.

DoctorCulturae September 26, 2008 at 11:42 am

[re=109570]Outstando[/re]: win

Actually, I think this is the real McInsane. This is what maverickness looks like and for him always has: instability, unexpected moves, “gambling,” playing around with babes-for-cash, wildly changing his mind (he even befriended Dub who slandered him). He’s always been own Repubsmut army of one. It’s also why Lieber-parasite loves him.

user-of-owls September 26, 2008 at 11:55 am

[re=109585]OuterBoroughPrincess[/re]: No, no. Disculpame. I’m just feeling “snippy” today…for some odd reason.

Or maybe “stabby.” Now, where’s a slow-moving CEO?

WIDTAP September 26, 2008 at 11:59 am

[re=109602]DoctorCulturae[/re]: I like the response:

“The White House provided a proposal.
We reviewed it in a timely manner and provided our response.
If the White House wishes to abandon this proposal and submit another one, we stand ready to review the new White House proposal in a timely manner upon its submission.”

Cape Clod September 26, 2008 at 12:01 pm

In regard to capital punishment for CEOs, I would prefer the classic George Carlin option. Catapulted into a brick wall during half time of the Super Bowl.

S.Luggo September 26, 2008 at 12:01 pm

1. McAged going to the debate? Someone will have to remind him not to sit in the audience.

2. But why is he foresaking the Amrican people in this time of crisis? We need him in DC to keep sharpening Joe Lieberman’s pencil(s).

lawrenceofthedesert September 26, 2008 at 12:06 pm

When not making tremendously insightful comments on this site, I am a folksinger and writer. Six years ago I wrote a song called “The CEOnistas” about the accounting highjinx of US executives, thinking it would be a fun singalong for six months during the Enron trials. Here we are in 2008 and I’m still singing it — greed has gotten so out of control in corporate America that all pretense of ethics by execs paid tens of millions annually (or in the head of Lehman’s case, hundreds of millions) seems to have gone by the roadside. The stockholders don’t care as long as the dividends keep coming, and the pols are bought off with campaign contributions. Who put the Nembutols in the water at the Dept. of Justice and SEC? How much do you want to bet that the hedge fund operators are butt-deep in the same kind of paper quagmire, ready to spring the next huge bailout on taxpayers?

Strappo September 26, 2008 at 12:21 pm

[re=109686]lawrenceofthedesert[/re]: You speak what is very likely the truth. The shit hasn’t even begun to hit the fan.

Serolf Divad September 26, 2008 at 12:23 pm

[re=109686]lawrenceofthedesert[/re]:

Come on, don’t be shy. Where’s the Youtube video?

TheRealJimbo September 26, 2008 at 12:24 pm

Over? Did you say “over”? Nothing is over until we decide it is! Was it over when the Germans bombed Pearl Harbor? Hell no!

We gotta take these bastards. Now we could do it with conventional weapons that could take years and cost millions of lives. No, I think we have to go all out. I think that this situation absolutely requires a really futile and stupid gesture be done on somebody’s part.

… and we’re just the guys to do it…

Carrie_Okie September 26, 2008 at 12:31 pm

[re=109564]choinski[/re]: I, for one welcome our new homo overlord of hobos.

Lionel Hutz Esq. September 26, 2008 at 12:34 pm

You shouldn’t make Barney Frank angry. You wouldn’t like him when he’s angry.

bryan j September 26, 2008 at 12:38 pm

I’m gonna buy a gun this weekend. I got a loan on a new car 3 days before all this happened. I wonder if i still would have gotten it after the big Wall Street drop?

graceless September 26, 2008 at 12:46 pm

Hey everybody, let’s email bomb our representatives! Tell them to stop this economic bleeding NOW. They can make it look pretty later.

WIDTAP September 26, 2008 at 1:16 pm

[re=109686]lawrenceofthedesert[/re]: Not to eat our own Wonketteers or anything, but you have once again proven that the Smothers Brothers were the only snarky folksingers ever.

You’re killing our pre-debate drinking buzz, dude.

BaxterJones September 26, 2008 at 2:45 pm
nrglaw September 26, 2008 at 5:06 pm

I think Frank is doing a superb job. Very good to hear very straight talk, and in the language of congress and legislative dealmaking about money.

All the cheesy gay references could be easily omitted and people would still make their points.

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