But I was hoping to hear from normal people who are Republicans.

crap that leaves me out.

AND

Senator John McCain’s campaign manager, Rick Davis, was paid more than $30,000 a month for five years as president of an advocacy group set up by the mortgage giants Fannie Mae and Freddie Mac to defend them against stricter regulations!
More McCain Hyprocrisy

Thanks for the link. I'm encouraged.

I asked my original question because my father (God rest his soul) was a staunch Republican. I can only imagine his white knuckles and livid face had he lived to see his Republican Party sign on to a scheme like this. I was just wondering if any of that Republican Party existed any more, or if all y'all had turned into authoritarian corporatists and/or angry bitheads these past years.

I see Gingrich hasn't.

Again, thanks for the link. I would have missed that.

Anyone else?

http://corner.nationalreview.com/post/?q=ZGE5MmE0YmRiODA3YTRiNzFlN2FmNDU5N2I0ZDc3YTE=

I think he makes some excellent points about this whole mess and the proposed bail out and what questions need to be asked and what congress should be doing.

I think the problem right now is this really is a mess created for decades and neither party has clean hands, but the Dems and the GOP are too busy finger pointing to think about what the solution really needs to be.

You just can't lay this problem in the lap of any one man or any one administration or any one party.

No I don't think bailing them out without any conditions is a good idea, but I think it is just as bad an idea to have the wrong kind of conditions.

What both parties need to do is honestly look at the mess and figure out where it went wrong-and have conditions that fill in those areas, but blanket feel good conditions aren't going to make the problem go away anymore than no conditions.

Shoot the real republican in me wants nothing more than to not bail any of them out-they took the risk they should take the fall, but I suspect letting that happen would be an even bigger mistake than the bail out.

I don't really think there is a "good" answer to this one-it is really choosing between the lesser of two bad things.

But I was hoping to hear from normal people who are Republicans.

Do Republicans think that this $700 billion dollar purchase of worthless assets at taxpayer expense without oversight or accounting, or any accompanying proposal to pay for it, is a good idea?*

Seriously, I am asking. Do you Republicans think this is a good idea?

*Apparently they are looking at bailing out foreign banks and such things as bad student loans, credit card debt, and car loans as well.
Source:Bloomberg.com: Worldwide

This has to be the dumbest thing said in this discussion.

Believe it or not everything isn't Bush's fault and the problems that led to the current crisis didn't start 8 years ago, they started a good 15 to 20 years ago.

Will have to keep this in mind the next time I hear Republicans carrying on about the awful "Carter economy",,,

Do Republicans think that this $700 billion dollar giveaway purchase of worthless assets at taxpayer expense without oversight or accounting, or any accompanying proposal to pay for it, is a good idea?

Seriously, I am asking. Do you Republicans think this is a good idea?

As a rule, no, but given the conditions et up by the left I don't see a great deal of choice in the matter. Let me pass a little something along from Boortz that will help explaining my position by explaining how we got here.

1. Almost all of the financial problems we see today are based on bad mortgage lending. That would be lending money to people to buy homes who didn't qualify for a loan.

2. The Democrats, under Clinton, strengthened a government-created monster called the "Community Reinvestment Act." This law was then used by "activists" and "community organizers" (like Obama?) to coerce lending institutions to make these bad loans ... millions of them.

3. Now we see what happens when political "wisdom" supplants good loan underwriting. When private financial institutions are virtually forced to make loans to people with a bad credit and job history .. this is what you get. Enjoy it.

Like every other time Government has touched something, it's ruined it to the point where stepping in to pick up the mess was a requirement. Rail transportation, for example. More recently, air transporation. And so on.

As I say, given the current sitrep, there's really not much to be done. I say it would ahve been better had the government stayed the hell out of the loan biz, no matter how well intentioned the effort was.

The problem isn't the bailout, it's what led to it.

Do Republicans think that this $700 billion dollar giveaway purchase of worthless assets at taxpayer expense without oversight or accounting, or any accompanying proposal to pay for it, is a good idea?

Seriously, I am asking. Do you Republicans think this is a good idea?