Does Anyone feel like Bailing

[classicman]

Originally Posted by tw

From the Washington Post of 8 Jan 2009 which says TheMercenary and his political agenda is lying again:

Senior Bush administration officials, consulting with the Obama transition team, have prepared a plan to ask lawmakers for the second half of the $700 billion financial rescue package despite intense opposition in Congress, sources familiar with the discussions said.

"There have been discussions between the administration and the transition team on how to proceed ~snip~

"There have been discussions between the administration and the transition about how to proceed should the president-elect determine that he wants to have those funds available on January 20," said Robert Gibbs, spokesman for President-elect Barack Obama's transition team. "No final decisions have been made, but we want to be ready to act if needed."

Even as senior Bush and Obama officials consulted about how to access the rest of the money,

Many of the measure's provisions are being coordinated with Treasury Secretary nominee Timothy F. Geithner,

For Obama, using a veto runs the risk of souring his relationship with rank-and-file lawmakers, especially if it is one of his first official acts in the White House. It carries less risk for Bush, who is leaving office in a matter of days.

The article repeatedly states that the two administrations are working closely together on this issue.
I am sure we can all recognize that is to ensure a smooth transition and do what is best for the country.

Looks to me, like tw took out of that what tw wanted - more negativity.

Barney Frank (D-Mass.), unveiled a bill on Capitol Hill aimed at forcing the Treasury to use the money in accordance with lawmakers' wishes.

Democratic leaders say that a request from either administration is likely to be rejected, making a veto almost unavoidable.

Therein lies the rub!