As I Was Saying, It Has To Be Done (but stand by for an update)

Not everyone is happy about the bailout of corporate America, but they seem to agree it has to be done. As I said in a previous post, it stinks but it has to be done. It seems I’m not alone.

John Boehner: It’s a crap sandwich

In a closed-door session with House Republicans, Minority Leader John A. Boehner just called the financial rescue deal a “crap sandwich” – then said he’ll vote for it when it comes to the floor Monday.

House Republicans are the key to the bill’s passage – Speaker Nancy Pelosi said earlier today that it’s a “bipartisan” bill and will need “bipartisanship” to pass – and it now appears that a substantial number of them will put cast their votes in favor of it.

According to a source in the room, the plan has so far won endorsements from Minority Whip Roy Blunt, who negotiated it on behalf of the House Republicans; Eric Cantor, the chief deputy whip; and Paul Ryan, a hard-core conservative from Wisconsin who may hold more sway with conservatives on this issue than any other member of the House.

But like Boehner, Ryan wasn’t exactly happy about how things have unfolded. Referring to the situation facing the country – and not the bill itself – Ryan said, “This sucks.”

Politico

Paul Ryan: It sucks

House Republicans are talking about the new bill right now behind closed doors.

I’m told by someone in the room that Rep. Paul Ryan, R-Wisc., ranking Republican on the House Budget Committee and an admired conservative within his caucus, just made what I’m told was a credible argument FOR the bill.

Said Ryan of the bill: “It sucks.”

But, he said, it has to pass to preserve the free market system and stave off a financial collapse.

That’s a very good sign for its passage — Ryan was one of the leading opponents of the bill just a few days ago.

Here’s the latest version of the bill, if you want to read it.

ABC News

Newt Gingrich: Reluctantly I would vote yes

H/T Hot Air on all links.

Although…. I don’t understand why the Dems need the GOP votes. They have the majority in both houses, and the support of the White House. Must be some politics involved there. 😯

!!HERE’S THE UPDATE!!:

I’ve been listening to Rush today, and he makes a lot of sense. He, Michelle Malkin, Laura Ingram, Sean Hannity and others have pointed out many errors in my jugement. Here’s Rush’s take on this.

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