Torricelli on the Wall Street Bailout

Could be worse. We could be the Torricelli Democrats whose main theme is: I violated the law and only poor David Chang went to prison for it. Or, I am proud to give up national secrets, violate my oath of office and only our operatives in Central America will be put in harms way. Bob - you are a freaking joke. Go back to having your slut of the day drive for you - oops - you were actually the driver now weren't you? Damn liar.

This is kinda funny. Reagan deregulated everything and now just a short time later we all suffer. Nice touch Torch

Hey Torch...why dont you write an article on something more relevant and one which you have more experience...like how crooked politicians like yourself take money and sell your votes and influence and the cost of the tax payers...sound familiar...

gee how come you didnt do an expose on how Barry Obama took money and sdvice from the crooks at Fannie and Freddie or how Joey Hair Plugs Biden takes money from MBNA and votes to give them what they want..

YOU ARE A DISGRACE...why dont you crawl back under your rock!!!

Just sayin.....

Banks need to lend. That's what lenders do.

Morgan Stanley picked up WAMU for $2 billion on the assumption this deal would happen. When 200 other banks go under in the next thirty days, what will Congress and that idiot Pelosi do next?

She is without question the dumbest human being to sit in a position of power. People are worried about Sarah Palin? Take a hard look at that fool that sits as Speaker of the House.

This deal would have given banks access to the FED's discount window at 2% so that borrowing could take place again. The dollar will not strenghen based on this no vote.

They won't save the banking system, but we'll appropriate $25 billion for failed carmakers in Detroit?

Can someone say John Dingell?

Vote Column "A" - All the way!

I would like to thank Mountaintop for this article: “Fannie Mae, the nation's biggest underwriter of home mortgages, has been under increasing pressure from the Clinton Administration to expand mortgage loans among low and moderate income people and felt pressure from stock holders to maintain its phenomenal growth in profits.” The Torch like other Democrats runs around telling lies. I would like to hear when the spin meister of the Democratic Party, President Clinton will finally take a blame for something that he has done (or rather has not prevented). Just like with inaction in this case, the inaction against terrorist attacks under his watch resulted in 9/11. By the way, Speaker Pelosi should be booted out of Congress by the members of her own Party. She could not keep her mouth shut even for 15 minutes blaming President Bush and Republicans for everything what has happened; all this after working with them for several days on this deal. This woman is the most stupid politician I have ever seen. It is time to get to basics and not let liars like Torch to get under your skin. It ain’t worth it.

http://www.whitehouse.gov/news/releases/2002/10/20021015-7.html

Don't forget Bush also pushed for more minority and low-income lending. But yeah, Democrats carry a large role in this debacle.

I think of Bob Torricelli as a kind of "evil twin" of the annoying Bill Murray character in that movie.  There is nothing "loveable" about Bob Torricelli, but he is just as annoying as Murray's character. 

He just cannot stop blabbering meaningless Democrat talking points.  But when he was in office there was never an ethics rule he wouldn't try to violate. 

It was always all about him.  Still is.

Just think, exactly six years ago yesterday, this clown resigned in disgrace, and had to obtain a court order to get his name off the ballot.  When the court ruled in the Democrats' favor, he and his pal Jon Corzine showed up in a gin mill in Lambertville that night, with a couple of babes in tow . . . to celebrate! 

To celebrate his resignation in disgrace from the United States Senate!

And the Democrats then trotted out Frank "I Don't Do Debates" Lautenberg to fill in.  Sad, huh?  When they hold "events" and Frank puts in an appearance these days, he isn't even given a speaking part! 

Gee, thanks, Torch.  Thanks for nothing!

But when he was in office, what did Bob ever do to help avert this crisis?

He never did a thing.  Just like Lautenberg. 

He and his fellow Democrats adopted the federal law changes 13 years ago that exploded the sub-prime mortgage-backed securities market expansion.  Many of his Democrat pals cashed in on it at Fannie Mae and Freddie Mac. 

But Bob did nothing about it. He was too busy getting people who wanted "changes" in federal law to suit them, to buy things for Bob.  Like Grandfather clocks.  Up in Lambertville.  He could have cared less about your investments or your savings.  He only cared about his own ill-begotten booty.  That clock still running, Bob?

Just click here and watch the video if you would like to know the specifics of how this crisis occurred.  There have been concerted efforts to remove this video, under the pretext of "fair use" issues, so it has had to be re-posted a few times. 

Copy the video if you can and send it to your friends. 

And, when you walk into that voting booth in a month or so, think about how your vote will help you in the future.  Here's a hint.  Don't take the advice of unethical former Senators like Torricelli.  They are the ones that got us into this mess. 

by Trochilus