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Next on Bush Agenda: Helping a Rescue Opponent

Updated 11:15 p.m.
By Dan Eggen
ST. LOUIS--After finally convincing Congress to approve his administration's $700 billion financial rescue plan, President Bush flew here today to help raise money for a bailout opponent: Rep. Kenny Hulshof.

Hulshof, the Republican candidate in Missouri's governor's race, voted against Bush's bailout plan both times it was considered by the House this week. The plan was characterized by Bush as vital to forestall an economic crisis, and was approved today by the House on its second try.

Hulshof's opponent, Democrat Jay Nixon, has attacked Hulshof for holding a top-dollar fundraiser amid the credit crisis. The event, attended by 600, raised about $1.5 million, according to the Hulshof campaign.

White House officials demurred when asked how Bush views Hulshof's opposition to the bailout. "The president supports his election for governor," said White House spokesman Scott Stanzel, adding that Bush was also "pleased" by the House's approval of the rescue plan.

Bush and Hulshof discussed the plan briefly on the plane, campaign spokesman Scott Baker said. "It was kind of an interesting lead-up to the event," he said. "I think the president understands Kenny's concerns."

Bush's stop in Missouri was on his way to his ranch in Crawford, Tex., for the weekend. Bush also plans to attend two more GOP fundraisers this weekend, in Midland, Tex., and San Antonio. Both are closed to the media.

By Post Editor  |  October 3, 2008; 8:17 PM ET
Categories:  Republican Party  
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Next: Decrying McCain's 'Radical' Plan, Obama Returns Focus to Health Care Coverage


Can someone explain this? The Republican lead congress gave the Republican president line-item veto. . .
The rescue bill gets piled with pork yet the president chooses to sign it without striking out the money for NASCAR. arrows, etc. . .

Posted by: 14truth | October 5, 2008 5:52 PM | Report abuse

See Out Takes Of the VP Debates, and all the presidentail debats.

See John McCain loosing his temper, calling a reporter a a hole and saying the f word over and over again.

Posted by: pastor123 | October 5, 2008 2:01 PM | Report abuse

American worker productivity has increased over the last 50 years, but the purchasing power of wages has been cut by more than 60% in the same period. I this had not been the case, working Americans would not have been desperate enough to agree to predatory loans.
Republicans are blaming the pressure from democrats to prove shaky loans through Fannie and Freddie, but the biggest culprit is wage slavery.

Posted by: rooster54 | October 5, 2008 10:53 AM | Report abuse

I still love the Republican party more than anything, but I have to admit, we were wrong on pushing deregulation so much. There, I admitted it everybody. I hope you are all happy now.

Posted by: Jake_D | October 5, 2008 5:30 AM | Report abuse

Free market physician, heal thyself.

Posted by: rooster54 | October 4, 2008 1:50 PM | Report abuse

Now that the "tribute" has been paid, will Congress hold hearings to find out how this REALLY happened?

Was this "crisis" engineered? Was it an outgrowth of purposeful acts and under-the-radar policies?

How can Congress think it's come up with a solution when it's never inquired as to the real CAUSE?

Could it be that lenders were ORDERED by government agencies to offer EASY CREDIT to "targeted" citizens?

Could this "extra-judicial targeting" be a root cause of the mortgage meltdown which led to the wider crisis?



Posted by: scrivener50 | October 4, 2008 12:31 PM | Report abuse

"The plan was characterized by Bush as vital to forestall an economic crisis". "Hulshof, the Republican candidate in Missouri's governor's race, voted against Bush's bailout plan both times it was considered by the House this week."

There's a Man of conviction for ya. Puts politics before Country. Why does Hulshof hate America??

Posted by: thebobbob | October 4, 2008 10:58 AM | Report abuse

Some politicians, such as Barack Obama, are looking to outlaw the Payday Loans industry. A large part of this intention was stirred by the flawed idea that payday lenders fall under the same moral values as illegal loan sharks. Being misinformed can accumulate some severe consequences. Although this statement is true, they take no notice of the genuine fact that the main source of these consequences is based on a course of action on inaccurate information. Sadly, a number of politicians have successfully passed legislation in their states, city and towns which controls, or even takes away your ability to get a Payday Loans. Now is the time to take action and educate your friend and family to protect your rights to financial independence.

Posted by: PaydayLoanAdvocate | October 4, 2008 2:27 AM | Report abuse

MRC’s Seton Motley on FNC’s Fox & Friends
By NB Staff | October 3, 2008 - 11:38

The Media Research Center’s Director of Communications and Contributing Editor Seton Motley appeared this morning on the Fox News Channel’s Fox & Friends to discuss the media’s ongoing silence about the Association of Community Organizations for Reform Now, better known by it’s acronym, ACORN.

for video ^^^^^^^

Posted by: thejaner | October 4, 2008 12:29 AM | Report abuse

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