Flashback: John ‘Bailout’ Boehner cries, begs colleagues to vote FOR bank bailout

September 8, 2010 · Posted in Bailouts, John Boehner, People, The Economy, Wall Street vs Main Street 

Do you remember the time… tea parties? John Boehner wasn’t just in favor of the TARP bailout for Wall Street, which was signed by the president … what was his name again… oh, right, George W. Bush! on October 4, 2008, and this is important folks … before Barack Obama was elected president… Watch (with a major flashback hat tip to the Rachel Maddow Show):

And then… presto-change-o! Fast-forward to December, 2009, and this same John Boehner is arguing, just as strenuously, that TARP MUST BE SHUT DOWN!!!

Tags: , , , ,

Comments

9 Responses to “Flashback: John ‘Bailout’ Boehner cries, begs colleagues to vote FOR bank bailout”

  1. Obama bashes Boehner, says GOP ‘holding middle class hostage’ : The Reid Report on September 8th, 2010 10:55 pm

    [...] speech on the economy in as many days Wednesday, saying he wouldn’t stand by and allow John “Bailout” Boehner and the Republican Party to turn this country into a “haves and have nots” Dickensian [...]

  2. KathyVFL on September 9th, 2010 2:55 pm

    “…TARP bailout for Wall Street, which was signed by the president … what was his name again… oh, right, George W. Bush! on October 4, 2008, and this is important folks … before Barack Obama was elected president…”

    AND THIS IS IMPORTANT FOLKS, Bush signed this at the REQUEST of Barack Obama “to hasten a smooth transition for the next President, and so the taxpayers wouldn’t have to wait until Congress meets after the inaugeration…” It was something everyone agreed was needed at the time.

    If you watch the video and listen to Mr. Boehner’s second comments, he was talking about banning a SECOND bank bailout bill. An extention of the original emergency bailout bill. This, after a year of the additional trillion dollar bailouts over and above the origianal 89 billion dollar TARP that he and almost everyone else supported in 2008.

    You need to get your facts together and see the context in which Mr. Boehner was speaking.

  3. JReid on September 9th, 2010 3:20 pm

    Nice try, Kathy. Are you saying the president of the United States was taking orders from the junior Senator from Illinois? TARP was proposed in October — before the outcome of the 2008 election was known. Obama would have to be pretty presumptuous to be calling for a “smooth transition” before even being elected. And Kathy, dear, the bank bailout originated with Fed Chairman Bernanke and with Hank Paulsen. In fact, Paulsen WROTE IT, as a one sheet memo that Bush tried to have Congress enact in its exact form. Congress pushed back, and in the ensuing debate, you got the Boehner tears. Stop getting your news from Glenn Beck. He’s just an entertainer, you know…

  4. JReid on September 9th, 2010 3:24 pm

    Actually, it was SEPTEMBER… and Paulsen and Bernanke got major pushback from Congress for essentially demanding that their plan being enacted immediately, without modification:

    http://money.cnn.com/2008/09/23/news/economy/bailout_hearing/index.htm

    And one more thing: you know who pushed back hardest against the bailout? Two groups… Liberals:
    http://www.truth-out.org/article/taxpayers-congress-push-back-against-bailout

    and Congressional Democrats:
    http://www.huffingtonpost.com/2008/09/21/paulson-resisting-democra_n_128035.html

    Those pushing hardest FOR the Wall Street bailout included John Boehner, and your favorite president, George W. Bush.

    It helps to read, mama. But thanks for playing.

  5. Boehner's Hoax on July 29th, 2011 3:15 pm

    [...] Republicans and so-called fiscal conservatives have finally started to line up in support of the TARP-supporting Speaker’s plan. As of last night, the Speaker was unable to secure enough votes for passage [...]

  6. Boehner’s Hoax | TheSwash.com on July 31st, 2011 4:57 pm

    [...] Republicans and so-called fiscal conservatives have finally started to line up in support of the TARP-supporting Speaker’s plan. As of last night, the Speaker was unable to secure enough votes for passage so [...]

  7. coffee at work on December 2nd, 2011 7:13 pm

    I went over this web site and I conceive you have a lot of fantastic information, saved to favorites (:.

  8. Are republican moderates becoming an endangered species? on January 28th, 2012 3:35 pm

    [...] Re: Are republican moderates becoming an endangered species? Originally Posted by GreenvilleGrows The bailouts occurred when both the House and Senate were held in majority by Democrats. There were moderate Republicans who spoke up for doing the bailouts as well (McCain, Bush). But the bailouts were not a particularly Republican issue. that is not going far enough Flashback: John ‘Bailout’ Boehner cries, begs colleagues to vote FOR bank bailout : The … [...]

  9. Invention by Republican: Priebus Spins Positive Jobs Report on February 6th, 2012 6:36 pm

    [...] Depression? Let’s not forget how dire a situation this country was in. Let’s not forget Republican John Boehner crying on the floor of the House, begging fellow members to pass TARP. You know, the bank bailout bill that Republicans now blame [...]

Leave a Reply




Switch to our mobile site