January 13, 2009
Posted: 03:27 PM ET

From

ALT TEXT

Obama met with Senate Democrats on the Hill Tuesday (Getty Images)

(CNN) — President-elect Barack Obama tried to convince Senate Democrats to get behind his plan for the second half of the $700 billion bailout, warning he would veto a threatened disapproval resolution, according to senators who met with him.

Obama on Monday asked President Bush to inform Congress of his intent to use the remaining balance under the Treasury Department's $700 billion Troubled Asset Relief Program, or TARP. Bush sent a request to Congress on behalf of the incoming administration.

Obama met with Senate Democrats on Capitol Hill to make his case for how he wants to spend the funds and to rally support for his economic stimulus plan.

Obama attended the weekly lunch of Democratic senators in what was his final visit to the Senate before his inauguration next week.

Obama took about 15 questions, many of which were from Democrats skeptical of TARP, senators in the meeting said. Obama repeatedly promised to make the process more transparent, they said.

Republicans and Democrats have said they were upset by how the Treasury Department spent the first allotment of $350 billion.

Those voicing concerns said they don't feel like there was enough accounting for where the money went. Some Democrats also said homeowners facing foreclosure aren't getting enough help.

Obama made clear that he doesn't want to issue a veto as one of his first actions in office, but he insisted that he has no choice, senators said.

Sen. Chris Dodd, chairman of the banking committee, reminded fellow Democrats what a bad political situation it would be to pass the disapproval resolution and force Obama use his veto pen on that as one of his very first acts, senators said.

While some Democrats said they felt more comfortable after meeting with Obama, others said they still have a lot of questions and are still unsure how they will vote on TARP.

U.S. Rep. Barney Frank, D-Massachusetts, and his House Financial Services Committee met Tuesday to look at how the TARP money has been spent so far.

Filed under: Congress


jaye   January 13th, 2009 7:49 pm ET

Obama will not be a puppet or a pushover…and I commend him greatly.

tony smith   January 13th, 2009 7:49 pm ET

Mari — as much as I might agree with Obama's plan to use the money, you argument is downright SCARY. Just because Obama was elected, this does not mean that he should get everything he wants. The constitution does not establish a Monarchy!

PS: I imagine you can only vote in ONE state…..

chuck   January 13th, 2009 7:46 pm ET

HE IS THE PRESIDENT SO EVERYONE JUST CHILL OUT FOR A WHILE.

jr   January 13th, 2009 7:22 pm ET

I am getting very frustrated with the Democrats pushback on OBAMA…while I do agree that their should be accountability..I think they need to make more of an effort to work in a bi-partisan way to help this ailing economy. I am happy to see that he is taking a stand and not being pushed around by their partisan agenda!

Go OBAMA!

Ernie in LA   January 13th, 2009 7:20 pm ET

Obama promised he could take care of everything long before the bailout money was there. Why does he need it. King Obama says "My way or the Highway." Things are getting really good and he's not even the President yet. Look at all the men's faces around Obama. He must be a real sweetheart.

Mike, Syracuse NY   January 13th, 2009 6:54 pm ET

Let's see, Obama plans to negotiate with North Korea, Iran and Cuba to work out our differences, but he can't convince his own party to support him without threats. That IS change.

Richard n texas   January 13th, 2009 6:49 pm ET

I dont think we should release any of the funds until they tell us what they did with the first 350 billion we gave them. How arrogant can you be when asked what you did with the money by saying, we dont want to tell you.

I was never for giving them money, if you make bad investments, you go bankrupt and someone else takes your place. If sub-prime loans were so bad, why are we still offereing them, as well as ARMS. Lets fix the problem now, not wait until it explodes again.

I did not vote for him, but Obama is the president. He needs to look at what the people of the US is saying and try to at least appease them some. Otherwise it will just be another year of sending good money after bad.

The big 3 did not deserve a bailout, we have many other small car companies that would fill the void of the big 3, as well as other foreign car makers. Looking at where they build and get their parts from, they are less american built then Toyota or other foreigns cars.

With that being said, I hope our new president helps bring us out of this mess.

God Bless America.

Julie   January 13th, 2009 6:45 pm ET

George W. Bush wasn´t even this bad in his first term… he had 0 vetoes.

Matt   January 13th, 2009 6:44 pm ET

@ tired of corporate politics

Unfortuantely, sometimes when he reaches across the aisle it's going to have to be to plant a pimp slap on naysayers and rabble-rousers like yourself.

Julie   January 13th, 2009 6:35 pm ET

Well Obama can veto bills all he wants, but the Congress can override his vetoes. I am not sure he was in Washington long enough to learn that though….

tired of corporate politics   January 13th, 2009 6:32 pm ET

Wow – he went from "reaching across the aisle" to "veto threat" pretty quickly!

Lynn in NM   January 13th, 2009 6:21 pm ET

Why is there a problem? His party is behind him and he has both the Congress and Senate, right? Everything he promised should fly right through. If not, they don't have any Republicans to blame. UHOH!! Maybe they realize the citizens are mad about this bail out and plan to "change" the government in 2010. New Congressmen and Senators would be great. The ones that are in now are pretty much useless, based on the record from the past 2 years.

Max   January 13th, 2009 6:21 pm ET

The Congress is right in this dispute. No more bailouts.

Judy Mia Fl   January 13th, 2009 6:18 pm ET

I completely, completely, completely agree with Mari

My sentiments exactly:
Work with Obama or start looking for another job!!!!!!
————————————————-

A WARNING TO CONGRESS: We the people, elected Barack Obama to lead our Nation out of the Bush Disaster! You all better get your acts together, agree to work together or….. We the People WILL throw you all out in the next election.

The problem, said the Democrats "is that we did not have a majority" NOW you DO have the majority! And a Democrat as president …. SO GET TO WORK!

MAD   January 13th, 2009 6:13 pm ET

I understand that the congress "DOESN'T WORK FOR PRESIDENT OBAMA" but they darm sure better work with him. Especially the Democrates who have been complaining for the past two years about not having enough votes.

If they can't get somethings done, and I mean right now, we will make sure they are gone in 2010.

We've been holding on long enough. 8 years of destruction was enough. How dare they even hint at making it 9 or 10. Either they are a part of the solution or they are a part of the problem.

No Incumbents 2010   January 13th, 2009 6:10 pm ET

I went to the mall Saturday and couldn't find a place to park, so I went get something to eat and had to wait 10 minutes for a table. I used my credit card to pay for everything and was not refused. My bank is still open, it takes only $30.00 to fill my tank now.
But I'm being told if we don't do something drastic and soon we are all doomed. I'm also told this is the worst it has been since the great depression- refer to my first sentence.
I guess it is true if you say something enough times people begin to believe it.
We've got to wire tap for the safety of the country. We've got to have a Patriot Act. We've got to spend spend spend or the economy is doomed.
It is amazing how gullible we are. We keep thinking the government will save us. The New Deal. The Great Society and yet we still have poverty and the impoverished still look to the government for salvation.

I'm sorry you will not be able to read this due to it being moderated for 3 or 4 hours.

AndyL   January 13th, 2009 6:04 pm ET

Looks like the Democrat love-in is already over

Tonya   January 13th, 2009 6:02 pm ET

That man standing in the back looks like he's saying………….

Who do he think he is, I will show him wait till he walks out in the parking lot, I'm going to throw both of my shoes at him, but not today I am wearing a pair of Dolce & Gabbana just wait till I have on my hiking boots….. (lol) fix your face please……………

ct   January 13th, 2009 5:58 pm ET

The problem for OBAMA is there's sewage all around him, be it democrates or republicans, be it preachers or governors, be it clintonestas or an ignorant press core. It is highly unfortunate, he has to swim in such filth to accomplish the work for the american people. However, there's simply no other way. We the public have allowed the politicians and news media to run-a-muck. I only wish him God's speed.

Baze   January 13th, 2009 5:56 pm ET

Well, at least we see he's strong in his beliefs.

Mari   January 13th, 2009 5:54 pm ET

Good for President-elect Obama! Some folks in Congress are already saber rattling!

A WARNING TO CONGRESS: We the people, elected Barack Obama to lead our Nation out of the Bush Disaster! You all better get your acts together, agree to work together or….. We the People WILL throw you all out in the next election.

The problem, said the Democrats "is that we did not have a majority" NOW you DO have the majority! And a Democrat as president …. SO GET TO WORK!

Jason   January 13th, 2009 5:54 pm ET

So now Obama is pulling a play out of the Bush playbook with the veto threat for perhaps Congress and the people disagreeing with him?

This is the new politics that Americans voted for?

blair   January 13th, 2009 5:44 pm ET

you go obama you go not even president yet and he is already letting the Government know they cannot stop him. Yes he can – he does not need the people or government any more. he is the man now so you all be d@@@.

Matthew, Houston, TX   January 13th, 2009 5:43 pm ET

WELCOME TO THE OBAMA SHOW!!!!!!!!!!!! January 13th, 2009 5:18 pm ET

HUISSAIN OBAMA WILL NOT HAVE A PROBLEM GETTING ANY SPENDING PROJECT THROUGH PELOSI AND REID.

HOPEFULLY SOME OF THE DEMS WILL WAKE UP AND HELP THE REPUBLICANS STOP THIS!!!!!!!!!!!
———————————————————————————————-

Just shut up, fool. Nobody really cares what you think because all you do is shout negative, disingenuous drivel. We know you hate PE Obama so you can just SHUT UP now. Criminently, you don't even know how to spell his middle name but you constantly use it as if that will convince us PE Obama is a bad person.

Just SHUT UP!!

No Incumbents 2010   January 13th, 2009 5:39 pm ET

Spend and Tax, Tax and Spend – Change we can believe in.

Ann   January 13th, 2009 5:34 pm ET

So Obama visits and says do it my way or I veto. Isn't that what Obama said he wanted to CHANGE since Bush constantly did that – do it my way or I veto? What change is that other than a different body doing the same threatening of my way or the veto pen?

Dexter in Houston TX   January 13th, 2009 5:32 pm ET

TO: welcome to the obama show:
Please enlighten us with a solution, if you can't you're a stupid as your message!
Dx in Tx

Puff   January 13th, 2009 5:31 pm ET

Veto this, Nobama..

Jennifer, GA   January 13th, 2009 5:31 pm ET

I know for a fact that had the sign worked, Bush would have taken the credit for it, so why can't the reverse be true? It didn't work, so he needs to take the blame for it.

Note to W: Stop whining, grow up, go back to Crawford and leave us alone.

I hate the Bushes. They have denial syndrome, and that denial has led us into the horrible state of the union.

Don't rewrite history, just leave. Yuck.

Craig R. Lane   January 13th, 2009 5:30 pm ET

Too bad Mr. Dodd doesn't consider that the first $350 BILLION to vanish into thin air is also a bad political situation. The second half to disappear is an even worse political situation. Especially since I don't see how it is helping at all. They, (idioits in Congress), don't know where the money went. They can't tell us if it had any impact because they don't know what the banks did with OUR money. they wanted a plan and all that from the big 3 for only $34 BILLION, (of which I think that all they have ended up loaning is $14 BILLION). But for $700 BILLION we get no over-sight, no accountability. Paulson tried to get the money and tried to make it a law that there would be no over-seeing or second-guessing him with regards to how he pissed the money away. he didn't get that, but I guess that was the mis-direction required to ensure that no actual over-sight measures would be written into the law. They know who it went to but not what those folks did with it. The banks are REFUSING to say what happened to the money. Really, they REFUSE!!! As far as anybody knows they haven't done anything with it. At least not anything having to do with helping this country and her people. Has anyone not been foreclosed on because of the "bailout"? Does Mr. Obama really represent the people of this nation? Does anybody still represent the PEOPLE of this nation? This is horrifying.

carol   January 13th, 2009 5:29 pm ET

Obama knows what he's doing and it is sad that he isn't being given a chance by folks….well, I guess they are so used to a badly run country the thought of someone who may actually know what he's doing is too much.
What a shame these same folks weren't screaming at their man Bush as he ran the country into the ground, well, it's a new dawn and a new President and a new outlook for this country and I for one can't wait to see him as President.

Dexter in Houston TX   January 13th, 2009 5:27 pm ET

Come Democrats, you finally have someone in charge with vision to better this country and you are afraid to make real change!

GROW A PAIR!

Cam, Atlanta   January 13th, 2009 5:24 pm ET

OBAMA'S ABOUT TO "FLEX" SO BLOCKERS AND HATERS GET OUT THE WAY!

Ravi in MO   January 13th, 2009 5:20 pm ET

Go get 'em Mr. President (elect)! You have the power to make those morons realize that bipartisanship is what the People want, not partisan bullying. I absolutely can't stand Harry Reid.

shoegazer   January 13th, 2009 5:18 pm ET

Showing that he is the boss is a bold move but the allotment of
$350 million better be explained thoroughly.

New Yorker   January 13th, 2009 5:18 pm ET

THOUSANDS OF US TRAVELED BY CAR, BUS, TRAIN OR

PLANE TO GET THIS MAN ELECTED. SOME OF US TOOK

MONTHS OFF WITH NO PAY. SOME OF US HAVE LOST OUR

JOBS SINCE THEN & WE ARE READY TO DO IT AGAIN IN ORDER

TO MAKE IT POSSIBLE FOR HIM TO PUT IN PLACE POLICIES THAT

WILL GET THIS NATION ON TRACK AGAIN. ANY ELECTED LAW

MAKER THAT PRACTICES PARTISAN POLITICS & ATTEMPTS TO

DERAIL OUR DREAM FOR THIS NATION, WILL SEE PLENTY OF US

THROUGH THEIR STATES WELL BEFORE THEIR ELECTION DAY.

WELCOME TO THE OBAMA SHOW!!!!!!!!!!!!   January 13th, 2009 5:18 pm ET

HUISSAIN OBAMA WILL NOT HAVE A PROBLEM GETTING ANY SPENDING PROJECT THROUGH PELOSI AND REID.

HOPEFULLY SOME OF THE DEMS WILL WAKE UP AND HELP THE REPUBLICANS STOP THIS!!!!!!!!!!!

HAHAHA!   January 13th, 2009 5:16 pm ET

Nothing different between Bush and Obama when it comes to this…

Wedge   January 13th, 2009 5:13 pm ET

So, here's to change…Apparently doing exactly what Bush was doing beforehand, and even vetoing nonbinding resolutions to boot.

Jazmyn   January 13th, 2009 5:10 pm ET

Good Job Mr. president. Now hte country can start moving in the right direction!!!

Jazmyn   January 13th, 2009 5:09 pm ET

Good Job Mr. president. Now the country can get moving in the right direction..

jtheplumber   January 13th, 2009 5:09 pm ET

I am proud of you SON!!

ah   January 13th, 2009 5:07 pm ET

I wonder how much money -if any-would be left for emergency needs if he will use the remaining balance?

Mel of Alexandria, Virginia   January 13th, 2009 5:04 pm ET

I love the Dems. They take seriously individual choice and responsibility.That is how it should be, so long as they do not allow individual choice to stand in the way of what is best for the Nation. The good of the whole is bigger than than each one of us. If those who object have a better plan, let it be known. If not, say your peace and get with the program.

Marie banderas   January 13th, 2009 5:01 pm ET

We, the american peoples, are upset TOO, with how the first half was spent and no one knows for sure where, however, PLEASE, give Obama a chance ! My goodness, this in fighting has to stop..the American people have elected OBAMA, worry more about what we are going to say, and who we elect to replace you if you continue to disagree with the peoples PE..Obama isnt even in office yet, and even the democrats are fighting with him ??? well, you democrats can be replaced TOO..I am more than willing to give Obama a chance, why arent you ???????

Mike in Philly   January 13th, 2009 5:01 pm ET

Good going, Democrats. With all the blunders of your party, you should be thanking your lucky stars that you got into office. I love Barack Obama but I believe his win would have been a real squeaker (or may not have even happened) were it not for the economic crisis. So actually, you can thank your lucky stars and the crappy economy.

However, now that he's in office, many of you have decided to act against his first order of business and make a real shady display right out of the gate.

Way to make yourselves look just as incompetent as the GOP.

Veto-man   January 13th, 2009 4:53 pm ET

Obama all veto and no change………….and down the tube we go…

and who is to blame…..????

Meka   January 13th, 2009 4:51 pm ET

Some of President-elect Obama's Transition Team were appointed to over-see the distribution of the first 350 Billion, BUT, were not allowed to Interject!

Sylvia   January 13th, 2009 4:50 pm ET

Go President Elect Obama!!!! You have the power and I know you will use it well.

renee from oakland   January 13th, 2009 4:50 pm ET

loooollll……hw funny
he's already threatening a veto before he's inaugurated
the senators are reasonably concerned for obvious reasons
they SHOULD be very weary of squandering another $350 billion

Boston Irish   January 13th, 2009 4:48 pm ET

I am really getting fed up with CNN Ticker. All the comments I make are "Awaiting Moderation". I don't know if this is relevant or not, but I'm not an Obama supporter at all, but I am not rude and nasty with my comments, just not pro Obama.

Darko   January 13th, 2009 4:48 pm ET

So who's right? Obama? Congress? The Public?

No one knows for sure, but I don't think that the govt SPENDING our money is a good way to stimulate the economy. How about they let US spend OUR money?

Peace.....   January 13th, 2009 4:42 pm ET

Someone is very upset after coming out of that meeting. Take a look at the man face that is standing to the left of Mr. Obama in the back.

Good!

Go get them Mr. President.

Jesse Allen in Oregon   January 13th, 2009 4:42 pm ET

Banks are going to take our money anyway. The American public wants one condition on use of the remaining T.A.R.P. balance. No more overdraft fee's, no more overdraft fee's, no more overdraft fee's!

MD   January 13th, 2009 4:17 pm ET

Veto threat?! OMG, I bet the democrats are so very scared. Ha..ha..ha…

Former Republican   January 13th, 2009 4:14 pm ET

JUST A REMINDER, WE WILL CROSS STATE LINES

IN ORDER TO DEFEAT, REPUBLICAN, DEMOCRAT OR

INDEPENDENT CANDIDATES THAT PURSUE PARTISAN POLITICS

INSTEAD OF HELPING OUR NEW PRESIDENT SOLVE THIS

NATION'S MANY PROBLEMS. WE MAY NOT BE ABLE TO VOTE

IN YOUR STATE BUT WE CAN KNOCK ON DOORS FOR MONTHS.

ALL PRESIDENT OBAMA HAS TO DO IS GIVE US THE WORD.

Kaye   January 13th, 2009 4:12 pm ET

I am glad that the President-elect is taking a hard stance on the balance of the TARP funds. I feel the federal government should be able to account for every penny of the money already allocated. To mislead the American people by stating they don't know how the money is being allocated, is ridiculous. They need to demand from the financial institutions a full accounting for the taxpayer money they were graced with. If the banks won't give an accounting, pull the funds out and let them sink, just like they are allowing so many Americans to sink.

David   January 13th, 2009 4:12 pm ET

It's a shame that the blood between Congress and executive branch is one of no trust thinks George.

Proud American   January 13th, 2009 4:08 pm ET

Check out the guy to the far right. Very suspect looking… hmmm

Laverne   January 13th, 2009 4:07 pm ET

Do what you have to do Obama, you are in charge!

Anna Finnerly   January 13th, 2009 4:05 pm ET

Obomber and the Dem congress are going to screw around with Americans' money until they run us into a Great/Great Depression. That won't be fun.

Boston Irish   January 13th, 2009 4:04 pm ET

Apparently things are not running as smoothly as Obama expected. The way I look at it, if the Democrats don't approve of his plan, then it is their duty to vote it down. It is NOT their duty to go along with what Obama wants simply because it would make him look bad. I don't think he's going to need help with that as he will manage to do that all on his little lonesome.

Patty in the CA mountains   January 13th, 2009 4:03 pm ET

If they were/are truly upset about the lack of oversight and accountability on the original money they THEY should have not voted for it and/or made sure the restrictions were included at that time. Believe me, those of us out here in the real world, are more than upset about the lack of reporting required by the banks this money was given to. To complain now is simply being a blow-hard.

Steve   January 13th, 2009 4:03 pm ET

It is only the 13th and veto threats already? Wow! Can we wait until the 20th before the drama? The next four years will be interesting as to who the real leadership is: Obama or Reid/Pelosi!

Beverly, NYC   January 13th, 2009 4:03 pm ET

Republicans and Democrats have only themselves to blame for how the first portion of the bailout was handled. I wish I could walk into a bank with a 3 page proposal and have them give me 350 billion without oversite. Hank Paulson can sell snow to Alaska and make them think they're getting a deal. Cone on Congress act like grown ups for once. What wrong with asking those who receive funds to maintain those funds in a seperate interest bearing account and report semi-annually how the funds are spent. And tell them exactly what the funds cannot be used for ( bonuses, golden parachutes, resort junkets) any one found in violation can retunn the taxpayers $, or opt out if they can't abide by the restrictions. I never again want to hear that a company is too big too fail.

dr.mimi de la cruz   January 13th, 2009 4:01 pm ET

THEY GOT BEHIND BUSH WHEN HE WENT TO WAR WITH IRAQ.

IF THEY WANT TO BE REELECTED, THEY BEST HELP US GET

OUT OF THE CRAP HOLE THEY & BUSH PUT THIS NATION IN.

Melissa   January 13th, 2009 3:59 pm ET

Umm… wow. I've never seen a President so firmly take the reigns so soon. He's obviously sick of the stupid games that are being played in politics recently.

Good for him. He's willing to do what it takes.

legal in nc   January 13th, 2009 3:59 pm ET

Not surpising that if he doesn't get his way he'll veto considering that while in Chicago if he couldn't beat his opponents he would make sure they had to drop out of the race.

Remember Harry,, stick to your guns you don't work for the President!!

The American people want to know where there money is going not like the last $350 billion.

Ellen in Ohio   January 13th, 2009 3:56 pm ET

Not even president yet and he's already threatening veto? This sounds like Bush!

Larry, Hazleton, Pa   January 13th, 2009 3:53 pm ET

For me to support the 350 billion left – I would need a absolute iron clad agreemnt for total transperency – not just a maybe or we will do our best – IRON CLAD or no money………….PERIOD

No Incumbents 2010   January 13th, 2009 3:52 pm ET

Remember folks someone still has to pay for this. And for all of you who hate "Corporations" you sure do love your PE giving them money.

matt   January 13th, 2009 3:49 pm ET

Obama loves spending money, that's for sure. He's proven that and he isn't even our president. The dude flat out sucks.

tired of corporate politics   January 13th, 2009 3:49 pm ET

Wow – he went from "reaching across the aisle" to "veto threat" pretty quickly! I think this messiah thing has gone from rabid fans to his head.

Ignoring accountability and feedback is a bad way to start. And it will lead to a divded and lonely term in office.

aware   January 13th, 2009 3:49 pm ET

Hail PEBO! :(

vjunior   January 13th, 2009 3:48 pm ET

OK, number 2 issue. First was not including job credits in this bailout as promised. Second is using veto power already. That will be used on every issue.

Minnesota   January 13th, 2009 3:48 pm ET

If they're skeptical its because the Bush Administration handled the first half of the bail out. Nothing they do is straight up with Americans. There is always some sort of fine print included or lobbiests influences involved. Everything Bush did was for cronies and corporations.
If Obama is going to reform the presidency he must be given a chance. The way the 2nd half of this money is handled could be a huge litmus test for thingsa to come. I say the Dem's need to let Obama show what he can do. He'll be transparent with the money vs Bush's NOT being transparent. That will go a long ways to show America what kind of CHANGE is coming.

Jackie in Dallas   January 13th, 2009 3:46 pm ET

I believe President Elect Obama when he says he wants more transparency about where the money goes, and I believe from what I've read of what he wants the money used for, that it would be helpful to the economy instead of going into pockets of the already wealthy-off-the-taxpayers financial industry. Please Democrats, don't shoot yourself in the foot from the start! We NEED coordinated and thoughtful communication between the White House and Congress, and we need the start of Obama's term to be positive, not negative!

david goldman   January 13th, 2009 3:43 pm ET

WE WILL VETO THE ELECTION OF THOSE THAT DO

NOT SUPPORT OUR PRESIDENT'S RECOVERY PLANS.

REG in AZ   January 13th, 2009 3:43 pm ET

If there is real concern for turning things around then there is one thing that has to be done first, one thing that when not done has proven to make everything else meaningless. That one thing is the development of a sincere and honest concern for getting it right to benefit the majority of Americans, to drop the preoccupation with justifying and rationalizing the self-indulgence and the focus on benefiting Special Interests and a select few, who return benefit. Over the last eight years in particular we have clearly seen and been subjected to the free wheeling and arrogant subterfuge constantly offered to cover over just those actions and we now are living with the costly results. If the politicians continue to focus on themselves, if the issue is whether Republican or Democrat, or conservative or liberal, if their efforts are really just more disguised manipulation appealing to people’s biases to justify benefit for limited interests, then we will just continue to pay the penalty. The only way they can effectively make the right decisions on how much money to give who, on what qualifications and controls must be put in place, on what regulations and regulatory enforcements have to be enacted, on what comes first and so on, is when they are truly and honestly concerned for more than just what advances their personal interests. Whenever we have seen them expending great energy and rhetoric to block or advance a cause, it has always been for a partisan self-interest, no matter how rationalized. Turning that around should be the real goal; good luck!

Anonymous   January 13th, 2009 3:43 pm ET

Wow – the chosen one is showing balls by standing up to his own party. Perhaps he won't be the puppet I expected.

Matt   January 13th, 2009 3:43 pm ET

Hehe…the Big Dog came to play. Good. Maybe he can keep all 500+ of those whining nincompoop legislators in line for the next 4 years.

Monrob   January 13th, 2009 3:42 pm ET

Here we go . . . a threat from God Obama.

Politics . . . as usual!

Virginia   January 13th, 2009 3:42 pm ET

Vetoing his own Dems…what about promises of cooperation? And besides, how can he threaten veto when he is not president yet. I know, just a few more days (yawn), but he still is NOT prez yet!

gl, Pittsburgh   January 13th, 2009 3:41 pm ET

Obama use his veto pen – YES SHOW THEM WHO IS IN CHARED. Why now sure the Senators flex their power when they didn't with the sitting President now.

Dee   January 13th, 2009 3:37 pm ET

Do these Democrats not wish their President to succeed? Its unfathomable that when the country is solidly behind Obama and his plans,that these ego ridden Democrats want to inhibit the new Presdient from doing his job! They will be the ones who will naswer to the electorate when they next go to the polls! I guess its true that Democrats ruin their own chnaces for sucess!

Jeff Spangler, Arlington, VA   January 13th, 2009 3:37 pm ET

Who would be forcing whom? Those with enough integrity to speak up for a change of course in this bailout largesse, or a newbie President who is so arrogantly sure of the righteousness of his untested policies? A veto threat impresses me as rather petulant, a side of the guy we had suspected but not seen.

mark   January 13th, 2009 3:36 pm ET

And Barney Frank……..please step down, no one like you bro. You are a racist, a liar and an awful person….just go away

mark   January 13th, 2009 3:35 pm ET

Hey BH (short for Barry Hussein)

You are creating infrastructure jobs that will not last forever…construction gigs last a few years maybe 7-9 at best…then what, back to square one unemployment???
And don't get me started on you "saving" jobs…exactly how is your Bill Clinton Cabinet calculating that one?
I mean, if you still have a job, it has NOTHING to do with you earning or deserving it…just know, the ONLY reason you are allowed to keep a job now is because Barry saved it for you. Complete joke.

Uncle S.A.M.   January 13th, 2009 3:32 pm ET

If they don't give you the money Mr. President, veto the bill and the American People will take care of those senators come next election. We will vote them out and find replacements.

jjd   January 13th, 2009 3:31 pm ET

The honeymoon is over!

FreeNLovIt   January 13th, 2009 3:31 pm ET

Exellent! Just go home and let the economy RIP

steve   January 13th, 2009 3:30 pm ET

This is so un-American, and so very wrong. We're pillaging the future for today's greedy appetites. Mr. Obama, I expected more of our savior.

THE OLD TIMER   January 13th, 2009 3:30 pm ET

SPEND SPEND SPEND THAT IS ALL THE PERSON KNOWS NEVER MIND ABOUT HOW IT WILL GET PAID BACK

Proud American   January 13th, 2009 3:30 pm ET

What's the democrats problem?

7 more days!   January 13th, 2009 3:30 pm ET

Good…PE Obama will not be pushed around by the partisan, ego driven Congress people especially those who should have retired years ago and turned the reins over to the new generation!

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