June 10, 2010
PAUL BROUN'S CREATIVE MEMORY.... The 2008 financial industry bailout continues to be a problematic issue for Republicans. Nearly two years later, they're still anxious to use it against lawmakers who supported it -- it's a strategy that's working in some primaries -- but there are some lingering pesky details, including the fact that it was championed by conservative Republicans.
To be sure, the industry rescue has become something of a litmus test -- if you supported TARP, the right can't support you -- but it requires some revisionist history. After all, the bailout enjoyed support from the administration (Bush and Cheney), the House Republican leadership (Boehner, Cantor, and Blunt), the Senate Republican leadership (McConnell and Kyl), the Republican presidential ticket (McCain and Palin), and assorted, high-profile conservative voices (Mitt Romney and Glenn Beck).
Not exactly a left-wing bunch.
So, what to do? If you're Rep. Paul Broun (R-Ga.), you blame former Treasury Secretary Hank Paulson -- and then you change his party affiliation.
"I wanted to put some perspective on 2008, too. That's when the President's chief economic adviser -- I guess the Treasury Secretary -- told him that the sky was falling and that we needed to pass the Toxic Asset Relief Program, or TARP, which many Republicans voted against. I didn't buy the Democratic Treasury Secretary under a Republican President because that's exactly what Hank Paulson is."
First, Paulson was a Republican. Does anyone seriously think Bush/Cheney would choose a Democratic Treasury Secretary?
Second, the sky really was falling.
Third, I'd like to thank Broun for using the word "Democratic." He probably meant to get it wrong on purpose, but it was good to hear a congressional Republican getting the majority party's name right.
—Steve Benen 4:15 PM
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That Paulson was a Democrat is not a new belief among Republicans. My brother has been telling me for over a year.
Posted by: Ron Byers on June 10, 2010 at 4:23 PM | PERMALINK
Third, I'd like to thank Broun for using the word "Democratic." He probably meant to get it wrong on purpose, but it was good to hear a congressional Republican getting the majority party's name right.
He probably has to put a dollar in the curse jar.
Posted by: martin on June 10, 2010 at 4:26 PM | PERMALINK
Changing Republicans' affiliations to Democrat works for Fox News chyrons, so why shouldn't shameless hack politicians try it?
Posted by: terraformer on June 10, 2010 at 4:28 PM | PERMALINK
Wow. It's only a matter of time before the ultra right begins to refer to Bushit as a democrat. Cheney? Well, at the risk of being shot-at while he's still alive, that association probably won't happen until after his heart blows up...
Posted by: stevio on June 10, 2010 at 4:30 PM | PERMALINK
The revolutionaries are now brutalizing their won purity tests. Soon, the only uncontaminated Republicans will be the commissars and the secret police.
Posted by: walt on June 10, 2010 at 4:38 PM | PERMALINK
Third, I'd like to thank Broun for using the word "Democratic." He probably meant to get it wrong on purpose, but it was good to hear a congressional Republican getting the majority party's name right.
The people who use "Democrat" as an adjective are the same ones who used to say "nigra."
And they still feign the same surprise "at all the fuss" when they do.
Posted by: Michael Scott on June 10, 2010 at 4:41 PM | PERMALINK
Third, I'd like to thank Broun for using the word "Democratic." He probably meant to get it wrong on purpose, but it was good to hear a congressional Republican getting the majority party's name right.
No doubt a correction will be issued for the transcript.
Posted by: toowearyforoutrage on June 10, 2010 at 4:44 PM | PERMALINK
in conservative world...
they are never wrong..
they are the smartest..
they have all the facts..
when you have convinced yourself..
that you are #1 in your head..
reality really doesn't matter that much..
and by the way..
technically...
beck didn't support the TARP..
you see..
he wanted the TARP to be bigger..
Posted by: mr. irony on June 10, 2010 at 4:46 PM | PERMALINK
I keep asking Thom Hartmann to hang up on any of his speakers/callers if they can't get the whole democrat v. democratic thing. If they are not smart enough to be able to know the difference, they are not smart enough to discuss policy positions. Hang up on 'em!
Posted by: MsJoanne on June 10, 2010 at 5:28 PM | PERMALINK
Are they mixing up Paulson and Geithner? Or are they just lying?
Posted by: FlipYrWhig on June 10, 2010 at 6:25 PM | PERMALINK
"Second, the sky really was falling."
So said the AIG and Goldman Sachs Chicken Littles And boy, did they make out with quite the haul of feed because of it.
Posted by: Sean Scallon on June 10, 2010 at 9:38 PM | PERMALINK
First time I've visited your blog... good find! Thanks.
Posted by: Penis Enlargement Albany on December 17, 2010 at 4:39 PM | PERMALINK