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(Daily Kos) Asinine Remember that oversight we were promised on the $700 billion bailout? Guess which compassionate party just blocked the nomination of the watchdog   (dailykos.com) divider line 51
More: Asinine  
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5768 clicks; posted to Politics » on 29 Nov 2008 at 8:26 PM   |  Make this a Fark FavoriteFavorite    |   share: Share on OMGTWITTER WEB2.0share on StumbleUponshare on Facebook  more»   |    Get this fabulous T-Shirt and impress the methane out of your friends! shirt it!

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SilentStrider [TotalFark] 2008-11-29 05:46:57 PM  
given the Bush administration's nominating abilities, maybe this is a blessing in disguise.

 
Snowflake Tubbybottom 2008-11-29 05:54:43 PM  
A difference of opinion in my US Congress?

 
Weaver95 [TotalFark] 2008-11-29 06:01:21 PM  
I raised this in another thread. seems to be what we're turning into these days.

 
Crosshair [TotalFark] 2008-11-29 06:18:20 PM  
Remember how almost everyone that wasn't a politician was against this in the first place?

 
Weaver95 [TotalFark] 2008-11-29 06:20:45 PM  
Crosshair: Remember how almost everyone that wasn't a politician was against this in the first place?

The beltway insiders LOVED the bailout. the only argument was who got to control the giveaway. The fact that both parties supported the bailout was glossed over.

 
GAT_00 [TotalFark] 2008-11-29 06:23:14 PM  
Why should I be surprised that a Republican wants no oversight?

 
Mordant [TotalFark] 2008-11-29 06:27:34 PM  
The party of personal responsibility just assumes that those involved will take responsibility for their own actions, I guess.

 
MorrisBird [TotalFark] 2008-11-29 06:30:21 PM  
I have no idea what the implications of this are, or what the article is trying to get at. I also have no html skills, so here isn't a picture of a bunny with a pancake on his head.

 
Weaver95 [TotalFark] 2008-11-29 06:43:03 PM  
MorrisBird: I have no idea what the implications of this are, or what the article is trying to get at. I also have no html skills, so here isn't a picture of a bunny with a pancake on his head.

As I understand it, it goes something like this:

1. wall street needs the money RIGHT NOW! Or we'll all die horribly in a fire. Now now now! money money money!

2. A couple of congressthings, for some silly reason, thought that it would be rather nice to have some form of congressional oversight on just who gets a pile of money and to report on where they use it. the oversight provision was vague and there wasn't much in the way of regulatory authority...but at least it was there.

3. along comes someone (we don't know who) to block the oversight provision. The money still gets dispersed, only now there's nobody there taking notes as to who gets what, how much or for what reasons. Oh, and we won't know how they spend the money.

It could take a while to sort all of this out. And while this is working it's way though congress, SecTreasury is out there operating the money pumps without a safety manual. call me cynical, but I suspect someone is planning on taking advantage of this situation for personal fiancial gain. I'm also curious as to why this appointment was blocked. It certainly seems suspicious to me....but i'm a cynical and suspicous bastard. so there's that.

As for the implications - well, lots of money and no regulatory oversight or authority tends to encourage corruption and greed. I suppose that would count as a negative, if you were looking for the bad part of all this.

 
mr_crash_davis 2008-11-29 06:46:40 PM  
Weaver95, you forgot:

blogs.citizen-times.com

/hotlinked for maximum lulz

 
Sybilll [TotalFark] 2008-11-29 06:54:46 PM  
Unless I read it wrong, it sounds more like a lot of biatching and moaning over which committee has jurisdiction, NOT that a watchdog will not be appointed.

 
Because People in power are Stupid 2008-11-29 06:58:46 PM  
8 years of no bid contracts going to Cheney's old company... What is this "oversight" something new?

 
keiverarrow [TotalFark] 2008-11-29 06:59:33 PM  
Weaver95call me cynical, but I suspect someone is planning on taking advantage of this situation for personal fiancial gain.

haha, Weaver, you crack me up sometimes. Like
THAT could ever happen

 
keiverarrow [TotalFark] 2008-11-29 07:02:18 PM  
Sybilll [TotalFark] Quote 2008-11-29 06:54:46 PM
Unless I read it wrong, it sounds more like a lot of biatching and moaning over which committee has jurisdiction, NOT that a watchdog will not be appointed.


It's a playaction, bureaucracy style. This thing just won't get resolved until it doesn't matter

 
Weaver95 [TotalFark] 2008-11-29 07:12:56 PM  
Sybilll: Unless I read it wrong, it sounds more like a lot of biatching and moaning over which committee has jurisdiction, NOT that a watchdog will not be appointed.

it could turn out to be little more than a territorial pissing contest....but that's almost just as bad as deliberate malfeasance. Look at it this way - if this oversight provision was blocked because someone was sore about who got to run the appointment committee, then that means someone put their ego before the good of the nation. Someone was vain enough, self centered and arrogant enough to cock block an important appoint for NO OTHER REASON than they felt slighted. And this person (whomever they are) votes on important legislation. They are a respected leader in their community, they have power and influence. And they apparently have the maturity of a 2 year old child throwing a temper tantrum in a sandbox.

I think I prefer that this is all part of some grand scheme to defraud the voters of billions of dollars. at least that sort of evil shows a basic level of respect for the country. someone put some planning and thought into developing the scheme. The thought that it was all the fault of some emo congressman feeling left out of the loop makes me want to beat the crap outta someone.

 
burndtdan 2008-11-29 08:03:43 PM  
Crosshair: Remember how almost everyone that wasn't a politician was against this in the first place?

i remember a number of economists who agreed that some form of bailout was necessary, even if they recognized that it was being done poorly.

so no.

 
quickdraw [TotalFark] 2008-11-29 08:17:16 PM  
Weaver95: Someone was vain enough, self centered and arrogant enough to cock block an important appoint for NO OTHER REASON than they felt slighted. And this person (whomever they are) votes on important legislation. They are a respected leader in their community, they have power and influence. And they apparently have the maturity of a 2 year old child throwing a temper tantrum in a sandbox.

Well that ought to narrow it down to every single member of Congress.

 
captain_heroic44 2008-11-29 08:35:11 PM  
The Republicans: they're at it again.

 
Rodeodoc 2008-11-29 08:42:50 PM  
The Democrats blocked All of Bush's nominations for the past three years. Fark them - now the Republicans return the favor and it's time to cry? Go home if you can't take the heat, you morans.

Why does Kos get so much prime real estate here? He's a pimp for the Democratic Party.

 
RemyDuron 2008-11-29 08:49:26 PM  
Rodeodoc: The Democrats blocked All of Bush's nominations for the past three years. Fark them - now the Republicans return the favor and it's time to cry? Go home if you can't take the heat, you morans.

Why does Kos get so much prime real estate here? He's a pimp for the Democratic Party.


Uh, this was a White House appointment, AKA a Bush appointment, unless I misunderstand terribly.

And you act like one side blocking the other for valid reasons and an anonymous senator doing it for no stated reason is the same thing. The Republicans don't want the government to have any control over this money for one reason or another. It's completely stupid, but that seems their goal.

If we are going to give out the money, which we are, we (the Government) should have strict controls over how it is spent.

 
Devil Slide Wolf 2008-11-29 08:52:54 PM  
Rodeodoc: The Democrats blocked All of Bush's nominations for the past three years. Fark them - now the Republicans return the favor and it's time to cry? Go home if you can't take the heat, you morans.

Why does Kos get so much prime real estate here? He's a pimp for the Democratic Party.


think much?

 
Great_Milenko 2008-11-29 08:55:18 PM  
Did anyone ever seriously expect there would be an ounce of oversight? Anyone? Buehler?

 
winterwhile 2008-11-29 08:57:05 PM  
Well the conpassionate Dem-o-rats have their hands all over this one. They set this up, they ran it, then they took bribes with sweet loans from countrywide.

Yep, no hearings, its hard to call your own dem-o-rats up to the stand.

By the way where is Comrade KOS, I hear he bought when the market was high.

i135.photobucket.com

 
TofuTheAlmighty 2008-11-29 08:58:21 PM  
Rodeodoc: Why does Kos get so much prime real estate here?

artsci.wustl.edu

 
BuckTurgidson 2008-11-29 09:10:17 PM  
Rodeodoc: The Democrats blocked All of Bush's nominations for the past three years.

ALL of them? Which nominations? For which posts? Got names?

 
sarcastrophe 2008-11-29 09:26:20 PM  
But I was assured that us taxpayers were protected:

img152.imageshack.us

 
Churchy LaFemme 2008-11-29 09:35:53 PM  
Rodeodoc: The Democrats blocked All of Bush's nominations for the past three years. Fark them

Ahhhhhh.... How soon Rodeodoc forgets the eight long years of Republican Senators blocking Clinton's judicial nominees...

Maybe your attitude won't be helpful if Republicans ever regain control of the Senate? You think?

And, moran? How many Supreme Court justices did Bush get through the Democratic Senate? Yeeeaahhhhh.... All of them. 'Tard...

 
Lionel Mandrake [TotalFark] 2008-11-29 09:45:50 PM  
Rodeodoc: The Democrats blocked All of Bush's nominations for the past three years. Fark them - now the Republicans return the favor and it's time to cry? Go home if you can't take the heat, you morans.

Yeah, Roberts and Alito sure got screwed, didn't they? So you're OK with $700 billion going unmonitored, as long as it makes libs whine? You're awesome.

Why does Kos get so much prime real estate here? He's a pimp for the Democratic Party.

Yeah, FARK should give more space to non-pimps, like NRO, NewsBusters, NewsMax, etc., right?

 
Erebus1954 2008-11-29 09:56:00 PM  
Crosshair: Remember how almost everyone that wasn't a politician was against this in the first place?

Yup, I remember that most citizens, in both parties, were dead set against it. And all the politicians, in both parties, voted for it.

 
sloppy shoes 2008-11-29 10:08:47 PM  
Anybody is welcome to review their transactions here: Link (new window)

 
moothemagiccow 2008-11-29 10:16:34 PM  
Congress is in session? Lame duck Congress?

 
Alphax 2008-11-29 11:08:56 PM  
moothemagiccow: Congress is in session? Lame duck Congress?

Be nice if they earned their keep.

Not likely, but it would be nice.

 
yelmrog 2008-11-29 11:12:48 PM  
winterwhile Well the conpassionate Dem-o-rats have their hands all over this one. They set this up, they ran it, then they took bribes with sweet loans from countrywide.


I think I'm supposed to uncover something right now, I just don't know what it is.

 
veryequiped 2008-11-29 11:13:54 PM  
The bankers and their paid monkeys in the US government are just hoping you Americans ignore this and don't fight it.

DEMAND ACCOUNTABILITY, OR PREPARE FOR THE WORST!!!

 
justoneznot 2008-11-29 11:22:52 PM  
Are they blocking the implementation of watchdog oversight? Or just blocking the nomination of a specific person to that post?

 
MessyDwarf 2008-11-29 11:23:05 PM  
700 million is just a drop in the bucket compared to the billions pissed away in Iraq with no accountability.

/wonders where the pallets of money are being sent now

 
Occam's Chainsaw [TotalFark] 2008-11-29 11:24:56 PM  
justoneznot: Are they blocking the implementation of watchdog oversight? Or just blocking the nomination of a specific person to that post?

They're arguing over which committee gets to select the method of implementation. Or at least that's the excuse.

 
Sabyen91 [TotalFark] 2008-11-30 12:34:47 AM  
RemyDuron: Rodeodoc: The Democrats blocked All of Bush's nominations for the past three years. Fark them - now the Republicans return the favor and it's time to cry? Go home if you can't take the heat, you morans.

Why does Kos get so much prime real estate here? He's a pimp for the Democratic Party.

Uh, this was a White House appointment, AKA a Bush appointment, unless I misunderstand terribly.

And you act like one side blocking the other for valid reasons and an anonymous senator doing it for no stated reason is the same thing. The Republicans don't want the government to have any control over this money for one reason or another. It's completely stupid, but that seems their goal.

If we are going to give out the money, which we are, we (the Government) should have strict controls over how it is spent.


Why the hell are the Republicans always anonymous when blocking legislation? I think they are cowards.

 
CaesarSneezy 2008-11-30 12:39:13 AM  
I don't doubt the spirit of the story, but "an unnamed Republican Senator?" It's unanimous by the Democrats so the anonymous source must have come from the Republican side?

 
Sabyen91 [TotalFark] 2008-11-30 12:43:56 AM  
CaesarSneezy: I don't doubt the spirit of the story, but "an unnamed Republican Senator?" It's unanimous by the Democrats so the anonymous source must have come from the Republican side?

It isn't an anonymous source. An anonymous Senator can put a hold on legislation (though you know the party). It is cowardly and obnoxious.

 
Magruda 2008-11-30 12:56:02 AM  
A watchdog is overrated anyway. I peice of raw meat covered in peanut butter is enough to shut them up. Now a trained watchmonkey that can dial 911? That's some security.

 
BlippityBleep 2008-11-30 12:58:55 AM  
Rodeodoc: The Democrats blocked All of Bush's nominations for the past three years. Fark them - now the Republicans return the favor and it's time to cry? Go home if you can't take the heat, you morans.

I'm really farking sick of the whole 'you din't cooperate wif Bush for the past 3 years' line of shiat. He farking ran this country into the farking ground and every farking decision the twatwaffle has made has been disgustingly unsound. Any sane person would have made the same moves to stop the stupid farker from doing any more damage. It wasn't a partisan move. It was more of a don't fark up things more than you already have if we can help it type thing.

 
Magruda 2008-11-30 01:03:58 AM  
BlippityBleep: Rodeodoc: The Democrats blocked All of Bush's nominations for the past three years. Fark them - now the Republicans return the favor and it's time to cry? Go home if you can't take the heat, you morans.

I'm really farking sick of the whole 'you din't cooperate wif Bush for the past 3 years' line of shiat. He farking ran this country into the farking ground and every farking decision the twatwaffle has made has been disgustingly unsound. Any sane person would have made the same moves to stop the stupid farker from doing any more damage. It wasn't a partisan move. It was more of a don't fark up things more than you already have if we can help it type thing.


Not true. Have you seen the choice he made on the White House carpet? I tell ya it makes the whole room come together, man.

 
Sabyen91 [TotalFark] 2008-11-30 01:04:43 AM  
BlippityBleep: Rodeodoc: The Democrats blocked All of Bush's nominations for the past three years. Fark them - now the Republicans return the favor and it's time to cry? Go home if you can't take the heat, you morans.

I'm really farking sick of the whole 'you din't cooperate wif Bush for the past 3 years' line of shiat. He farking ran this country into the farking ground and every farking decision the twatwaffle has made has been disgustingly unsound. Any sane person would have made the same moves to stop the stupid farker from doing any more damage. It wasn't a partisan move. It was more of a don't fark up things more than you already have if we can help it type thing.


Eh, Rodeodoc is full of shiat. The Dems caved to every one of Bush's damned friends appointments. The gang of 14 did nothing but allow a far-right judge onto the court and 2 more incredibly partisan aholes onto other courts. Rodeodoc is full of shiat...surprise.

 
Yankees Team Gynecologist 2008-11-30 01:41:43 AM  
Hay guyz, has anyone posted this yet?

i135.photobucket.comi135.photobucket.comi135.photobucket.com

 
Doublek111 2008-11-30 02:09:41 AM  
Rodeodoc: epublicans return the favor and it's time to cry? Go home if you can't take the heat, you morans.

Why does Kos get so much prime real estate here? He's a pimp for the Democratic Party


He's not just a pimp, it is practically a hate site. Or at least a site that often supports hate in between some legit links that could be found elsewhere...

Link (new window)

Link (new window)

 
Hueg_Redd 2008-11-30 03:50:01 AM  
check out this nifty new image!
i135.photobucket.com

 
IlGreven 2008-11-30 04:16:44 AM  
Weaver95: I raised this in another thread. seems to be what we're turning into these days.

Turning into? As if it didn't happen with "Reaganomics" and now level-headed people everywhere are finding out that it's probably not such a good idea?

 
Hat Madder 2008-11-30 09:50:16 AM  
GAT_00
Why should I be surprised that a Republican wants no oversight?


Biggest possible FAIL.

Dodd wants oversight, but he wants the Banking Committee to have it, not the Finance Committee (which is the one that's whining here).

 
Linux_Yes [TotalFark] 2008-11-30 10:28:01 AM  
what a SHOCK!!! a republican wants to steal middle class tax money!! i can't believe it! LOL

 
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