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    House Republicans and Democrats (Will) Vote Down Mortgage Bailout Plan Watching on C Span Conservative and Liberal Arguments Make “Compromise” Plan Look Silly Bailout is for Foreign Banks and Bad Illegal Fraudulent Lending Practices

    Watching the debate on the bailout bill on the House floor this morning on C Span, the conservative Republicans are making the bill look silly, explaining that it’s a bailout for foreign banks as much almost as our own, and noting that as the FBI is moving in to investigate this huge mess; we are being asked to bailout the people who are in the process of being investigated, FBI in, Bail out, it’s crazy.  And even Democrats are making good arguments against the bailout plan, so it’s starting to look like this version, to be voted on shortly today, will go down in flames, for the congressmen to get back to the drawing board to come up with something which 2/3rds of Americans do not oppose.

    But if this bill ends up being passed, the indiscretions of Fannie Mae and Freddie Mac, enabled and enouraged by the Democrats, will be front and center for months to come, along with Barack Obama’s ACORN, members of which are being prosecuted for voter registration fraud in many battleground states, such as Michigan, Washington, and Missouri.

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