MSM SPIN ON BAILOUT STALL BEGINS: BLAMING THE HOUSE GOP

• PELOSI AND THE MSM ARE TRYING TO BLAME THE HOUSE GOP.

• THERE'S ONE IDDY-BIDDY PROBLEM WITH THAT: PELOSI IS THE QUEEN OF THE HOUSE: CAN PASS ANY BILL IN THE HOUSE WITH JUST HER SIDE OF THE AISLE.

• BUT PELOSI IS REFUSING TO PASS ANY BILL WITHOUT A MINIMUM OF 100 GOP VOTES - FOR HER POLITICAL COVER.

• BUT THE HOUSE GOP IS INSISTING THEY BE ALLOWED TO VOTE THEIR CONSCIENCE - THEIR PRINCIPLES, OR CHANGE THE DEAL.
  

• THIS IS GONNA BE SOME GAME OF CHICKEN...

STAY TUNED...

*******UPDATE: NYT/AP:

A Republican revolt stalled urgent efforts to lash together a national economic rescue plan Thursday, a chaotic turnaround on a day that had seemed headed for a success that President Bush, both political parties and their presidential candidates could celebrate at an extraordinary White House meeting.

Weary congressional negotiators worked into the night, joined by Treasury Secretary Henry Paulson in an effort to revive or rework the $700 billion proposal that President Bush said must be quickly approved by Congress to stave off potentially ''a long and deep recession.''

They gave up after 10 p.m. EDT, more than an hour after the lone House Republican involved, Rep. Spencer Bachus of Alabama, left the room. Democrats blamed the House Republicans for the apparent stalemate. Those conservatives have complained that the plan would be too costly for taxpayers and would be an unacceptable federal intrusion into private business.

Talks were to resume Friday morning on the effort to bail out failing financial institutions and restart the flow of credit that has begun to starve the national economy.

THIS IS PURE BS: PELOSI HAS ENOUGH VOTES TO PASS THE BILL.

UPDATE: MORE ON THE PARTISAN POLITICS BEING PLAYED HERE.