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There's obviously a split between the hard core conservative base and the K street wings of the repub party over the bailout.
Will this cause a split in the ranks? Will it hurt Repub fundraising? Will it help Democratic fundraising?
Interesting.
The party was always controlled by the economic elite. I suppose then there was the 'elite wannabees' which is probably who the wall street and U.S. chamber of commerce crowd consist of, and then at the bottom of the pile was the religious foundations that provided all the numbers. But who are the conservatives behind this revolution, and what's their motivation? I don't quite understand it.
The money comes from on high. That's what the CoC is trying to point out. So why are these guys voting the way they are? The fundies always back the elite on economic issues.
The Republicans are in really deep doo-doo here. They created this deregulated, supply-side trickle down system. And its falling apart. No one is going to accept that anything else caused this. The Republicans managed, after 50 years of trying, to talk enough people into thinking that that great depression was their father's republican party and that regulation was a bad thing. Now they have driven us to the verge of the great depression redux. So if the whole thing tanks people are going to realize that the entire Republican party is entirely full of crap.
The bail out wasn't just a bailout for Wallstreet, it was also a bailout for the Republican party. The democrats were throwing them a life line.
It would serve them right, after all the crap they've shoved down Democratic throats over the last 30 years, that they die of contempt.
But there is no 'day after tomorrow' for the Republicans if they let this thing slide down the toilet. They are worried about being reelected in November. They might not have a party in 6 months.
Either way the entire coalition could be blown away. The fundy movement relied upon the elites for money. Without the money the organizational paradigm goes away. And the movement begins to shrink to a core. A republican party dominated by either Fundies or Elites, apart from each other is relegated to permanent minority status.
And now that the free market theory has been proven untrue and no longer salable, under any marketing stratagem, there is increasingly less interest for elites to pump money into the movement. Beyond this next election the best that economic elites could expect is holding actions in congress by having enough numbers to minimize legislation against their perceived interest. At that point that might feel better served becoming more imbedded with the Dems who, while less welcoming, will have real power.
Anyway, we may finally be seeing the break down of the Fundie/Economic Elite Republican coalition. That would be nice.
Oklahoma is not the only state with this voting pattern. This was a coup. While the GOP was pretending to rally their troops to vote for the plan, in reality they were cutting ads to bash the Democrats. Fortunately, or maybe it was sheer damn luck, the Democratic party saw through this and trumped em.
I don't now why the blogs aren't discussing this and it isn't being made public. It's quite damaging. The proof is in the voting record. The GOP is "Republican Party first", not "country first".
The repugs are in disarray cause there's still infighting about how to vote on this.
If the Chamber is in favor of something, you can be sure it is bad for you. It's that simple.
The US Chamber is solely dedicated to corporate greed and is anti worker, anti woman, anti environment, anti consumer.
So does yesterday's rejection of the Paulson plan by House Republicans serve as the electoral knockout blow? Well, maybe among McCain supporters on Wall Street. I've heard from plenty of those folks, professional money managers and such, who are furious that the bailout/rescue plan went down to defeat yesterday and claim to be washing their hands of the GOP, at least for this election cycle. (But maybe longer.) They might not like the title, but Democrats are the party of Wall Street. Longer-term, this could portend a political realignment in which a more populist GOP becomes more focused on policies that directly help families, even if they aren't necessarily considered "pro-growth" by economic conservatives. (Note that Hispanics of both parties voted against the Paulson plan.) In that regard, Sarah Palin and Mike Huckabee might well be the future of the GOP.
http://www.usnews.com/blogs/capital-commerce/20...
I've seen the inside of this organization and it ain't (expression used in the south) pretty!!