[SeMissourian.com] Fair ~ 92°F  
Heat Advisory
Friday, Aug. 22, 2014

Emerson voted yes on bailout after changes

Tuesday, September 30, 2008

U.S. Rep. Jo Ann Emerson voted for the $700 billion bail-out of the financial industry Monday after becoming convinced that safeguards for taxpayers were included in the bill and that it was vital to controlling the crisis in banking.

In a statement issued after the bill failed on a 205 to 228 vote, Emerson, a Cape Girardeau Republican, said she was seeking to minimize the damage to the economy.

"The failure of this legislation means financial institutions, small businesses and Americans with pensions, retirement accounts and savings are still at risk from irresponsible actions on Wall Street," Emerson said in a statement issued after the vote. "This is a serious problem that requires a serious solution. The threat posed to Main Street Southern Missouri is real, and I will continue to work for a solution that is transparent and accountable to taxpayers."

Emerson joined 65 Republicans and 140 Democrats in support of the bill, which was first proposed 10 days ago by Treasury Secretary Henry Paulson as an emergency measure to shore up financial markets. On Wednesday, Emerson issued a statement listing 10 questions she said must be answered to her satisfaction before she could support the bill. Changes to the Paulson proposal, which originally had no oversight of his actions, have made the bill palatable, Emerson spokesman Jeffrey Connor said Monday.

Immediately after the vote, Emerson boarded a military flight to Kosovo with Rep. Ike Skelton, a Democrat from the Kansas City area, and chairman of the House Armed Services Committee, and Missouri National Guard commander King Sidwell to visit Missouri troops stationed in the Balkans. She could not be reached for an interview, Connor said.

Negotiations over the details broke down last week when House Republicans and presidential nominee Sen. John McCain, R-Ariz., raised questions about some provisions that had been included during discussions between Senate Democrats and Republicans, House Democrats and the Bush administration.

Through Rep. Roy Blunt, the No. 2 Republican in the House, many of the concerns Emerson included in her statement last week were answered, Connor said. The concerns ranged from oversight to controls on the "golden parachutes" enjoyed by top executives to bail outs for foreign banks and transparency about the price taxpayers would pay for banks' troubled assets.

Emerson was also convinced to vote for the measure when associations representing businesses showed almost unanimous support for the bill, Connor said.

"She is convinced this is a serious problem that needs to be corrected and there needs to be Congressional action," Connor said.

Like the House as a whole, Missouri's congressional delegation was also split. Along with Emerson, Blunt, Skelton and Democratic Rep. Russ Carnahan of Louis voted for the measure. U.S. Rep. Kenny Hulshof, the GOP candidate for governor, voted against it, as did fellow Republicans Sam Graves of Liberty and Todd Akin of St. Louis. Democratic representatives William "Lacy" Clay of St. Louis and Emanuel Cleaver, of Kansas City voted no.

The Associated Press contributed to this report.

rkeller@semissourian.com

335-6611, extension 126

Have a comment?

Log on to semissourian.com/today


Fact Check
See inaccurate information in this story?


Comments
Note: The nature of the Internet makes it impractical for our staff to review every comment. If you feel that a comment is offensive, please Login or Create an account first, and then you will be able to flag a comment as objectionable. Please also note that those who post comments on semissourian.com may do so using a screen name, which may or may not reflect a website user's actual name. Readers should be careful not to assign comments to real people who may have names similar to screen names. Refrain from obscenity in your comments, and to keep discussions civil, don't say anything in a way your grandmother would be ashamed to read.

Markets will fall because the bailout "did not pass" The rich will then buy a sheetload of bluechip stock. This weekend (probably Saturday before the Asian markets open on Monday) Congress will sneak it through on us. Stocks will soar. The bazillionaires will make a sheetload of money. Oooops they did it to us again. Anyone want to bet against this scenario?

-- Posted by JackTorrance on Tue, Sep 30, 2008, at 6:54 AM

Congress must pass this bail out or he stand a chance of going in to a deep recession. We will have increased lay-offs and no telling what else if this don't pass soon. I support Congresswoman Emerson vote her country came first.

-- Posted by swampeastmissouri on Tue, Sep 30, 2008, at 7:18 AM

If Emerson was voting for the country, maybe she would have listened to the 91% of the country who opposes this bailout...

And to think, so people STILL think that this is a democratic country.

-- Posted by Swollen_Thumb on Tue, Sep 30, 2008, at 7:40 AM

I Don't Think we would be having this Problem if we were not spending Lord knows how much every month in Iraq. We should have went in, Kicked butt and got out like Bush Sr. did. Staying long time has cost this country so much in lives and resourses,for what so private contracter Halaburtin can make money which our Vice President has a vested interest in.Only way to save our economy is to pull back,regroup,I thought when we liberated Iraq they were going to help finance the war. They should have give us a little of thier oil.Still I pray for our brave men and women over there. Bring them home.the bail out will only help short term but we need it now. Pass it.

-- Posted by energizer on Tue, Sep 30, 2008, at 9:19 AM

It's truly a shame that Emerson is still in office. I don't know why she gets elected so easily by us. She's for embryonic stem cell research, loves to "partner with Democrats" and now she's voted for the single biggest move towards socialism in our history. She may be a Republican, but she's no Conservative.

-- Posted by RightWing on Tue, Sep 30, 2008, at 10:11 AM

According to Martin Masse article posted today in the National Post:

In his Communist Manifesto, published in 1848, Karl Marx proposed 10 measures to be implemented after the proletariat takes power, with the aim of centralizing all instruments of production in the hands of the state. Proposal Number Five was to bring about the “centralization of credit in the banks of the state, by means of a national bank with state capital and an exclusive monopoly.”

If he were to rise from the dead today, Marx might be delighted to discover that most economists and financial commentators, including many who claim to favour the free market, agree with him.

Emerson you would make him proud.

-- Posted by gman on Tue, Sep 30, 2008, at 10:37 AM

JO ANN EMERSON REFUSES TO FACE THE MUSIC AND HER CONSTITUTENTS INT HE 8TH DISTRICT...

INSTEAD.. SHE HIGH TAILS IT OUT OF TOWN TO AVOID OUR WRATH.

YOU CAN RUN, JO ANN, BUT EVENTUALLY, EVEN THOUGH YOU DO NOT LIVE HERE, YOU HAVE TO COME BACK TO THE DISTRICT TO DO YOUR LOVELY SMILE AND GREET CHARADE.

WHAT'S AMADDA, JO ANN, IS IT A LITTLE HOT IN THE KITCHEN... CAN'T STAND THE HEAT?

-- Posted by Robert Goodbody on Tue, Sep 30, 2008, at 10:42 AM

Time for Emerson to go.

-- Posted by tigerfan87 on Tue, Sep 30, 2008, at 11:37 AM

"many of the concerns Emerson included in her statement last week were answered, Connor said. The concerns ranged from oversight to controls on the "golden parachutes" enjoyed by top executives to bail outs for foreign banks and transparency about the price taxpayers would pay for banks' troubled assets."

If she would have drilled down in the bill she would have found that the "golden parachutes" part of the bill only applied to the ones brought on board at the the firms AFTER this bill passed. So the ones that are in place NOW will be able to enjoy their parachutes.

-- Posted by gman on Tue, Sep 30, 2008, at 11:41 AM

I have two suggestions: 1. Zip Nancy Pelosi's lip until we can replace her. 2. Be specific about the 'golden parachutes'. Guarantee that the Wall Street schmucks lose everything. Then give them an salary cap of $100,000 annually.

-- Posted by TheCamp on Tue, Sep 30, 2008, at 1:34 PM

Emerson is no longer a Republican, IMHO.

There is a Libetarian, Branden McCullough (sp?) running against her. Does anyone know anything about him? I can't find a website or anything. I heard him briefly on a radio interview and he stressed his desire to "return to the constitution". His desire for smaller government also got my attention.

-- Posted by Just__Me on Tue, Sep 30, 2008, at 2:32 PM

JoAnn, WE Support you~

Don't let these armchair liberals dim your spirit.

-- Posted by hunter001 on Tue, Sep 30, 2008, at 2:43 PM

I voted for Bill when he was living and have continued voting for JoAnn during the years she has ran. I am through voting for people who do not reflect the ideas of the people that send them to office. I will be voting for the Libertarian person for her seat.

Time for you to go Rep Emerson, you have lost my vote forever and the sign and my front yard will be down before the day is over.

-- Posted by Elijah on Tue, Sep 30, 2008, at 3:28 PM

This was a pretty awful move in terms of conservatism. This is the greatest stride our nation will ever make to outright corporatism.

Unfortunately, Jo Ann will be re-elected into perpetuity because she's been put in her position by illiterate sharecroppers who like her because of her support for farm subsidies (more socialism). We can only hope this move disenfranchised some of her supporters -- who are very much largely opposed to this -- but I would wager that most of her supporters aren't even aware of her position on this.

-- Posted by bearded_sage on Tue, Sep 30, 2008, at 3:37 PM

This was just the incetive required to get this wolf in sheep's clothing out of office.

Joanne must be voted out!

-- Posted by uberfan20 on Tue, Sep 30, 2008, at 3:52 PM

Just_Me: If you want more information about the Libertarian candidate his website is www.votebrandenforchange.com He ran for the seat back in 2006 as well

As far an Joan Ann Emerson she has one of the safest seats possible in Congress so why on earth would she concern herself with what her constituents thinks? Being that she has got 70%+ of the vote every other time worst case she only gets 60%-65% this time around. Assuming she can avoid committing murder or the equivalent her seat is all but permanent.

-- Posted by Nil on Tue, Sep 30, 2008, at 3:53 PM

Gee, surprise, surprise, Emerson voted for it! I can't stand Emerson & her phony concern for "the folks back home" which she really means the idiots back in SE Mo who don't know their a** from a hole in the ground. I have been one of the idiots voting blindly over the past 20 years for republicans but not anymore. I'm done. It's time for the "frat boys" from Jeff City to come back home also. Kinder, Crowell, Jetton, Cooper (oh yeah, he already kinda came home), Hulshof, I'm finished. It's time to get "real." I also think it's time for the fat cats on Wall Street to pay back first. I think any CEO who has received a multi-million dollar "bonus" while the "regular folks" got layed off in the past five - ten years should put it back in the company. Then let's see who is really serious about helping us "everyday Americans."

-- Posted by happy_go_lucky on Tue, Sep 30, 2008, at 4:03 PM

hunter001

I am anything but an armchair liberal. But, I will no longer support Emerson.

I'll vote for someone, maybe even "none of the above", but I'll never cast another vote for Emerson.

-- Posted by Hawker on Tue, Sep 30, 2008, at 4:43 PM

She won't be there forever but the question is, are we all going to just vote in whomever she hand picks to replace her? We may not be to happy with the results. Maybe looking at the Libertarian isn't a bad idea, or a Republican that isn't handpicked by the establishment.

-- Posted by RightWing on Tue, Sep 30, 2008, at 5:31 PM

Her site is understandably shutdown due to volume.

I faxed her DC office to let her know that I will be voting for her Libertarian opponent. Polititians work for the people. When they start voting for their own beliefs, rather than the will of the people, they need to be replaced. Her DC fax is (202) 226-0326

-- Posted by JOHNG on Tue, Sep 30, 2008, at 6:57 PM

JO ANN EMERSON WOULD MAKE A GREAT WAL-MART DOOR GREETER.

You have to hand it to her, she does the ole shakie hand, meet and greet about the best of anyone on the planet. However, when it comes to her votes, Jo Ann has been a disapointment from the first day she went to Washington attached to Bill Emersons burial shroud.

One of her first votes way back when was a vote to give $400 MILLION DOLLARS to FAMILY PLANNING in FOREIGN COUNTRIES. I called her office. Her staffer explained to me that I just didn't understand. "You see, the President wanted $600 MILLION... we only gave him $400 MILLION...WE WON!!!!"

Okay, I was a bit naive, but I didn't think that giving $400 Million to foreign family planning schemes was such a great idea. I wondered, "What could we do with that $400 million back here in the good ole USA?

Jo Ann has been a big supporter of OPIC. The Overseas Private Investment Corporation which hands out taxpayer dollars to corporations who want to MOVE their factories to Mexico, Communist China, and Communist Vietnam.

Jo Ann loves COMMUNIST CHINA. She is almost passionate about her support for the Communist Chinese, as she has voted for every trade bill, MFN (Most Favored Nation Status) and everything else that has come up to help the Communists at our expense.

She talks about "exports" a lot, but about the only thing that Jo Ann has exported is southern Missouri jobs.

Now, Jo Ann Emerson is behind the biggest SOCIALIST scheme to ever come up in Congress. She wants to bail out the Wall Street bankers who gambled with investor money and lost. She wants to pay back the Wall Street bankers with our tax dollars. Tax dollars taken by force from the lowly paid and the affluent alike in southern Missouri.

Jo Ann needs to take a break. While I am sure that the Libertarian candidate is a great guy and all, it is JOE ALLEN, the attorney who serves as a prosecuting attorney for Rockaway Beach, who has the real chance of unseating Jo Ann. Read Allen's positions and see if you don't agree with many of them. The Allen For Congress website is http://allen4congress.com/

Joe Allen is the best candidate in the race. Just go to his website, read his positions. I believe that Rudi did an interview with him on Tuesday (today). It may be posted on the semissourian eslewhere.

Joe Allen is a candidate that Democrats, Independents and Republicans are supporting this year. Jo Ann has raised well over a million dollars from out of state lobbyists contributors in an effort to make sure that she and the east coast, globalist wing of the Republican party hold on to this seat. That is why she voted for the bail out of Wall Street. That is where almost 80% of her campaign funds are coming from.

If you take away that 80% that came from fat cats, Wall Street Bankers, and the Insurance lobby, then she would have raised LESS MONEY than JOE ALLEN in the 8th District.

JOE ALLEN.... believe me, it is JOE ALLEN who we want to represent us. http://allen4congress.com/

-- Posted by Robert Goodbody on Tue, Sep 30, 2008, at 9:40 PM

go watch this movie it will explain alot http://www.zeitgeistmovie.com/

-- Posted by tlc2cann on Tue, Sep 30, 2008, at 11:45 PM

I too am a republican who has supported Jo Ann in the past. I will not support her this time around and no I will not vote for any Democrat untill they change the fundamentials of their whole platform. Sorry just cant agree with abortion, big goverment, and gay's.

We need some TRUE conservatives in office and fast.

-- Posted by Lower_Taxes on Wed, Oct 1, 2008, at 8:53 AM

Fat Cat Bob:

I went to Joe Allen's website and the front page is nothing but socialist garbage.

He flaunts a Kennedy quote, Thorngate support link, and endorsements from Carnahan and the UAW at the top of his headings!

You want to replace a left leaning Republican with a blantant communist?

I've always voted straight ticket Republican to block socialism from representing Southeast Missouri. This year, however, I will not be voting for Emerson.

I will be voting for Branden McCullough.

-- Posted by uberfan20 on Wed, Oct 1, 2008, at 11:41 AM

Nil: Thanks for the link. I agree with Branden on many points. However, I wonder if he realizes that he is not running for a state office. Many things listed on his platform involve Missouri laws & Constitution, neither of which he would be able to affect in the US Congress.

He may get my vote...I know JoAnn won't.

I don't see anyone jumping ship for the Dem Party, but I have seen & talked to people who are shifting from the Dem to Rep party or Rep party to Libertarian. I haven't seen a shift to the left at all.

-- Posted by Just__Me on Wed, Oct 1, 2008, at 1:05 PM

Jo Ann Emerson's office admitted that her Constituents were 2/3 against this bailout bill why in the world would you vote for something that 2/3 of your supporters dont support.

-- Posted by Lower_Taxes on Wed, Oct 1, 2008, at 2:40 PM

I just heard on KZIM that Bond & McCaskill are planning to vote "Yes" tonight. CALL THEM!

-- Posted by Just__Me on Wed, Oct 1, 2008, at 3:35 PM

Missouri's 8th District middle working class has no represetation in Washington. The time is past to support third party candidates if for no other reason than to make McCaskill, and especially Bond and Emerson realize that they are not simply entitled to their jobs.

-- Posted by Lumpy on Wed, Oct 1, 2008, at 6:18 PM

WHO ME you make an excellent point. Emerson DOES have more info than us & that is precisely why I find her & all other Repubs & Dem disgusting right now. They didn't find out just now that this was going on at Wall Strret, they've known it for some time now & didn't do one thing to stop it! Looking out for the regular folks? Yeah right! Right after padding their own "golden nest eggs."

-- Posted by happy_go_lucky on Wed, Oct 1, 2008, at 7:00 PM

LOWER_TAXES... "2/3rds of us said NO, EMERSON said YES"

you asked why 'EMERSON VOTED FOR THE BAIL OUT EVEN THOUGH 2/3rd's of her constitutents were against it?

Well, I felt the same way when I first called her Washington office after just about her first vote after she arrived in Washington, still attached to Bill Emerson's burial shroud.

One of Princess Fluffy's first votes was to send $400 million dollars of our tax money overseas to foreign countries for "Family Planning." I called her Washington office to see just what the hell she was doing. The young female staffer explained to me that I just didn't understand. She said, "The president wanted $600 Million for family planning, we only gave him $400 MILLION, ....WE WON!" I kid you not, she said that we had won.

I share your disapointment in our elected representatives. However, this year, instead of voting third party, or, for the lessor of two evils, as I have done in the past, I am voting for Joe Allen.

I have met Joe Allen, and have talked with him extensively. He is 100% pro-gun. He is an attorney and, also, serves as the prosecutor for Rockaway Beach. He told me that he would only deny guns to convicted felons who had used a gun in a violent crime, such as in rape, armed robbery, and murder. That's it. He is NOT one of these, "I think that hunters and sportsmen should have their guns" types of slick politicians, NO... JOE ALLEN knows what the 2nd Amendment means and supports our full gun rights. I used to own a semi-auto AK derivative, and feel fully confident that JOE ALLEN would protect my right to do so.

JOE ALLEN is 100% AGAINST THE BAIL OUT OF THE GREEDY BANKERS ON WALL STREET. With Jo Ann Emerson's vote on Monday, we know with whom she stands... the fat cats in the insurance and banking industries. We have had almost 15 years of Jo Ann not even living here. Hell, we all used to rag on Hillary Clinton for being a carpetbagger, with just cause, but, then, we turn around and keep electing our very own carpetbagger, Princess Fluffy.

Why the hell would she ever do as we asked of her, when she has three homes outside the district and has never lived here in her life? Why would be surprised that she voted against us, when she never wanted to ever live amongst us?

-- Posted by Robert Goodbody on Wed, Oct 1, 2008, at 11:59 PM

WHY DID JO ANN EMERSON VOTE FOR THE GREEDY BANKERS OF WALL STREET AND TO BAIL OUT FOREIGN BANKS, and TO SCRU US?

Here is who really owns Jo Ann Emerson.

Top 5 Contributors, 2007-2008

Sabreliner Corp $15,050

Air Line Pilots Assn $10,000

American Bankers Assn $10,000

Anheuser-Busch $10,000

Caterpillar Inc $10,000

Top 5 Industries, 2007-2008

Health Professionals $68,150

Crop Production & Basic Processing $55,350

Retired $43,900

Building Trade Unions $36,500

Republican/Conservative $32,200

WOW.... someone said that JOE ALLEN, Emerson's challenger, was getting some Union money.... it looks like EMERSON is SUCKING UP UNION MONEY.... Joe Allen is one of us, Emerson is not.

Now, to be fair, the Building Trade Unions gave Princess Fluffy almost $60,000 in 2006. I guess, that due in large part to their errant ways, that the Building Trade Union couldn't come up with that much now, because business is so bad. It is bad due to Emerson's votes. The Unions cut their own throats.

If you look at Emerson's 2007 Financial Disclosure statement, you will see names like MORGAN STANLEY TRUST, and several other banking interests.

Why does Jo Ann Emerson, who only makes $170,000, have an up to $100,000 line of credit from the Bank of Salem (MO)? Talk about your good friends, it doesn't get any better than the Bank of Salem.

-- Posted by Robert Goodbody on Thu, Oct 2, 2008, at 12:39 AM

JO ANN EMERSON WOULD MAKE A GREAT WAL-MART DOOR GREETER.

You have to hand it to her, she does the ole shakie hand, meet and greet about the best of anyone on the planet. However, when it comes to her votes, Jo Ann has been a disapointment from the first day she went to Washington attached to Bill Emersons burial shroud.

One of her first votes way back when was a vote to give $400 MILLION DOLLARS to FAMILY PLANNING in FOREIGN COUNTRIES. I called her office. Her staffer explained to me that I just didn't understand. "You see, the President wanted $600 MILLION... we only gave him $400 MILLION...WE WON!!!!"

Okay, I was a bit naive, but I didn't think that giving $400 Million to foreign family planning schemes was such a great idea. I wondered, "What could we do with that $400 million back here in the good ole USA?

Jo Ann has been a big supporter of OPIC. The Overseas Private Investment Corporation which hands out taxpayer dollars to corporations who want to MOVE their factories to Mexico, Communist China, and Communist Vietnam.

Jo Ann loves COMMUNIST CHINA. She is almost passionate about her support for the Communist Chinese, as she has voted for every trade bill, MFN (Most Favored Nation Status) and everything else that has come up to help the Communists at our expense.

She talks about "exports" a lot, but about the only thing that Jo Ann has exported is southern Missouri jobs.

Now, Jo Ann Emerson is behind the biggest SOCIALIST scheme to ever come up in Congress. She wants to bail out the Wall Street bankers who gambled with investor money and lost. She wants to pay back the Wall Street bankers with our tax dollars. Tax dollars taken by force from the lowly paid and the affluent alike in southern Missouri.

Jo Ann needs to take a break. While I am sure that the Libertarian candidate is a great guy and all, it is JOE ALLEN, the attorney who serves as a prosecuting attorney for Rockaway Beach, who has the real chance of unseating Jo Ann. Read Allen's positions and see if you don't agree with many of them. The Allen For Congress website is http://allen4congress.com/

Joe Allen is the best candidate in the race. Just go to his website, read his positions. I believe that Rudi did an interview with him on Tuesday (today). It may be posted on the semissourian eslewhere.

Joe Allen is a candidate that Democrats, Independents and Republicans are supporting this year. Jo Ann has raised well over a million dollars from out of state lobbyists contributors in an effort to make sure that she and the east coast, globalist wing of the Republican party hold on to this seat. That is why she voted for the bail out of Wall Street. That is where almost 80% of her campaign funds are coming from.

If you take away that 80% that came from fat cats, Wall Street Bankers, and the Insurance lobby, then she would have raised LESS MONEY than JOE ALLEN in the 8th District.

JOE ALLEN.... believe me, it is JOE ALLEN who we want to represent us. http://allen4congress.com/

-- Posted by Robert Goodbody on Thu, Oct 2, 2008, at 12:49 AM

NEW MISSOURI POLL NUMBERS.... OBAMA BY ONE

OBAMA 49%, MCCAIN 48%

It's a CNN-TIME poll.

-- Posted by Robert Goodbody on Thu, Oct 2, 2008, at 2:02 AM

PRINCESS FLUFFY LIES OUT HER ORIFICE

In the article, Rudi wrote..."many of the concerns Emerson included in her statement last week were answered, Connor said. The concerns ranged from oversight to controls on the "golden parachutes" enjoyed by top executives to bail outs for foreign banks and transparency about the price taxpayers would pay for banks' troubled assets."

Wel, everything she said, trying to get herself off the hook for her vote to bail out the bankers, the slimy gambling investment bankers on Wall Street is a lie.

1. Princess Fluff said.. that his concern of hers had been addressed to her satisfaction. "oversight to controls on the "golden parachutes."

While there is some vague language that the Treasury Secretary CAN use to limit exit packages, (golden parachutes), the truth is, that there are as of yet, thre are no Real limits on executive compensation in the form of salary. Since our current Secretary of the Treasury, Henry Paulson, was formerly over at Goldman Sachs, I doubt that Henry, or, any other forseable Treasury Secretary would seek to limit the salaries of their closest friends. Even the exit packages, the golden parachutes have vague langugage that will be raked over until they find a loophole to get around it.

2. Here, once again, Jo Ann is not truthful. In fact, it is a blatant lie that there the bail out of foreign banks was taken out of the bill. It is still in the bill according to a Texas Republican congressman, by the name of Culbertson. I recorded a televised interview with Culberstson who opposes the bill on Tuesday. Culberston said that the bail out bill that Princess Fluffy voted for on Monday before she left the country in a hurry was filled with bad language, like the bail out of foreign banks, giving the Treasury Secretary the power to buy any paper from any source, including foreign banks. Jo Ann Emerson just because she does a nice hand shakie, smile and greet thing, has us fooled back here in southern Missouri.

To save time, I will just post the content of an email which I sent to Joe Allen, the hard working, attorney, who, also, serves as the prosecuting attorney for Rockaway Beach. Allen is gaining support among Republicans and independents, especially, by those angered at Emerson's antics and her vote and flee the country little trick that she pulled on Monday.

Here is Republican Culbertson from Texas.

John Culbertson, a Texas Republican Congressman, was on the Rachel Maddow program Tuesday on MSNBC.

Culbertson said that the bill in the form that Jo Ann Emerson voted FOR on Monday, would have allowed the Secretary of the Treasury to BUY any paper, from just about anyone, at ANY PRICE. The bill that Jo Ann Emerson voted for would have given the Secretary of the Treasury the power to bail out ANY BANK IN THE WORLD.`

A bad plan... nationalizing and socializing the the investment banks should be our LAST solution. Culbertson said that we should get rid of the "Mark to Market accounting rule," said that the SEC Chairman, Chris Cox, can do it tonight with the stroke of a pen.

Culbertson continued saying that the SEC Chairman could restore TRILLIONS of dollars of value to investment banks all over the world by getting rid of MARK TO MARKET accounting rule and going to "Market Valuation."

Culbertson said that the FDIC should increase the inusrance on accounts from $100,000 to $250,000.

Are you familiar with the concept of MARK TO MARKET? It might be something that you can mention when they ask you for specifics.

"The SECRETARY OF THE TREASURY would be given unprecidented power to by any financial instrument of any kind, at any price, bailing out any financial institution any where in the world, he could use tax dollars to bail out a foreign investment bank with our tax dollars."

Culbertson said that he wants a solution that will help the average American and business so that they have access to credit.

The bill gave the Treasury Secretay the authority to give away property, to open up every mortgage in the country and rewrite them.

The bill made the Treasury Secretray a Property Manager, with sweeping power over mortgages, socializes and nationalizes the mortgage and investment banking system. He could renegogiate any mortgage.

DAVE RAMSEY

On Tuesday Larry King, popular get-out-of-debt radio talk show host, DAVE RAMSEY said that he ... is against the bill. He says about 80-90% of the people oppose it, that the Bush Administration has tried to force it down our throat. Ramsey thinks that the credit market needs to be freed up, but this is not the plan. Local credit unions are making loans, mortgages are being made by local banks and mortgages are still closing for those who are qualified, but it is the institutional level has the gridlock that scares everybody. He does not see a real downside for the taxpayers down the road, if we do not buy up this bad paper now. There are other things that can be done to give the markets a value. Common Sense Fix...

NOW, who do you trust? Jo Ann Emerson, who has never lived here in her entire life, or, a man who put himself through the School of the Ozarks, got his law degree in Oklahoma, and came right back here to southern Missouri to tend to his interests, business, and family?

Jo Ann needs to get on with her life with her new husband up in St. Louis, and taking care of here three homes, none of which are in this district.

Joe Allen is pro-life, and 100% 2nd Amendment. This year, I a Republican until the party left me, will be voting for a Joe alright, it just won't be that other "Jo."

-- Posted by Robert Goodbody on Thu, Oct 2, 2008, at 5:43 AM

There's no doubt that JoAnn has an excellent staff--but ANYBODY can have an excellent staff. She has become too comfortable and too complacent and her focus is on what's best for her bank account. She doesn't even feel the need to campaign because she feels she's got it sowed up no matter what she does to us. We are the 12th poorest congressional district IN THE UNITED STATES. For heaven's sake, let somebody else take a crack at it. Joe Allen is from the 8th Congressional district. His family lives here, he's gone through school here, and has a desire to represent US. He's intelligent, has a pull up by the bootstraps mentality--why would we NOT want to make this change in representation?

-- Posted by Sunday's_Child on Thu, Oct 2, 2008, at 1:23 PM

She's voting "yea" tomorrow, after "many phone calls & much research". This bill is so full of pork that I can smell the bacon from here.

If you don't like this, call & tell her (pretend that it will sway her vote--it won't). Next, vote against her. I am. Typically I vote for a candidate, but sometimes you have to vote to keep someone out of a seat. Branden gets another tally mark.

I have never voted against an "R" in my life, but I will be doing just that this November.

-- Posted by Just__Me on Thu, Oct 2, 2008, at 11:53 PM

ON THE BAIL OUT OF FOREIGN BANKS, EMERSON LIED TO RUDI KELLER. SHE PLAYED HIM FOR A FOOL. HE IS NOBODY'S FOOL, JUST A LITTLE TOO TRUSTING OF THIS SNAKE.

RUDI IS FAIR IN HIS REPORTING, AND THEY TOOK ADVANTAGE OF HIM... HERE IS MORE PROOF THAT EMERSON LIED TO RUDI KELLER....

Rudi, if you want to see the press conferences of REAL Republicans who say that they voted against the bill because of the provision to BAIL OUT FOREIGN BANKS, I will show the tape to you!

IF JO ANN EMERSON TOLD THE SOUTHEAST MISSOURIAN THAT SHE VOTED FOR THE BAIL OUT AFTER CHANGES WERE MADE, INCLUDING THE BAIL OUT OF FOREIGN BANKS... THEN..

JO ANN EMERSON LIED TO RUDI KELLER! SHE MADE A FOOL OF HIM. IF I WERE RUDI, I WOULD BE PLENTY PEEVED.

Republicans who oppsed the bill, spoke at a press conference yesterday. One of the Republicans, said, again.. that he voted against the Wall Street bail out because it allowed bush's Treasury Secretary Paulson to take our tax dollars from us in southern Missouri and bail out FOREIGN BANKS!!!!

Tuesday night, Republican Congressman, John Culbertson said the very same thing about BAILING OUT FOREIGN BANKS as the reason that he opposed it.

The problem with Jo Ann Emerson, is that she is too cocky. She has won in this district by large margins and she thinks that her job in Washington is safe.

I still say that it is bad enough that she doesn't live here, but instead of leaving the country, immediately after her vote on Monday to bail out the Wall Street bankers, that she could have come by here and explained herself and then gone on home to her home and husband in St. Louis.

Was that too much to ask?

-- Posted by Robert Goodbody on Fri, Oct 3, 2008, at 6:23 AM

SNAKE EMERSON SOLD US OUT AGAIN!

Like I had any doubt that she would. Emerson lied to Rudi Keller, a journalist at the Southeast Missourian, then high tailed it out of the country on Monday, after voting for the Wall Street Bail Out Bill, so that things would quiet down back here in southern Missouri.

She did not have the courage to face us.

Today, she did it again. Today, Emerson voted for a pork filled, as if this bill could ever be crammed full of more pork than it already was, and saddled us with the bad debt of her rich a*s friends and contributors on Wall Street.

I pray every day that people will see what Jo Ann "THE SNAKE" Emerson has done to us and give this Joe Allen a chance. He deserves at least a two year chance. Then we can make up our minds if we want to send him back to Washington, again.

With Emerson, we already know what we will get if we send her back after betraying us, we will get royally scru-ed.

-- Posted by Robert Goodbody on Fri, Oct 3, 2008, at 4:33 PM

I hate to say that I agree with most of that last post. I will not vote for her, so why should I vote for another Democrat (since we already have one in office)?

FYI: Hulshof voted no both times. He still gets my vote.

-- Posted by Just__Me on Fri, Oct 3, 2008, at 5:08 PM

Credit Default Swaps....MARK TO MARKET... The BAIL OUT OF FOREIGN BANKS, and the deceit and betrayal of Jo Ann Emerson.

Get to know these two terms well, they are the direct cause of the Wall Street gamblers getting too greedy. The financial mess is only due in a very small part to failing mortgages. The main culprits of this mess credit swaps and Mark to Market. These are accounting procedures and side bets that these Wall Street pigs use to make fantastic wads of money on the side.

There was nothing in the Wall Street Banker Bail Out bill that Jo Ann Emerson voted for on Monday and again on Friday that would stop either Mark To Market, or, Credit Swap Derivatives. Those Republicans who stayed with the people, refused to vote for the Bail Out because of these crooked accounting procedures and side bets which got them into trouble. Emerson voted FOR the bail out knowing full well that Mark To Market, the Credit Default Swaps, and the bail out of foreign banks provisions were still in the bill. Emerson sold us out, then lied to Southeast Missourian journalist, Rudi Keller when she told him that she voted for the bail out on Monday, it was because the bail out of foreign banks was not in it. She lied. No way around it, Emerson lied, then got on a plane on Monday and got her but out of the country, so she would not have to come back here and explain herself.

I used to call Emerson, Princess Fluffy, but now, because she betrayed us so deceitfully, I just call her "The Snake", because that is what she is.

Been looking around. Brian McCollugh is not bad, but I really like JOE ALLEN. 100% pro-2nd Amendment, no question about it, and he is pro-life. www.allen4congress.com

-- Posted by Robert Goodbody on Sun, Oct 5, 2008, at 9:50 PM


Respond to this story

Posting a comment requires free registration. If you already have an account on seMissourian.com or semoball.com, enter your username and password below. Otherwise, click here to register.

Username:

Password:  (Forgot your password?)

Your comments:
Please be respectful of others and try to stay on topic.