Monday, September 29, 2008

The People’s House Carried The Wishes of the People

BAILOUT BILL
Democratic 140 YEAS 95 NAYS
Republican 65 YEAS 133 NAYS

205 YEAS/ 228 NEAS

Today the People’s House defeated Corporate Welfare. House Republicans are being demonized for putting the brakes on the bailout. The House Democrats could have passed the bill on their own. The bill failed 228 to 205 with 95 Democrats voting against it. The demagoguery of the House GOP by for their part in not passing this bill is ridiculous.

Leadership and "straight talk" have been in short supply on this issue. The American people are livid at the thought of bailing out Wall Street AT ALL let alone without fully understanding, or at least better understanding, the ramifications of this bailout. CEO golden parachutes, ownership, return on this investment, etc., are among things that give us pause. Politicians, the Bush Administration, and the media all pushed this thing saying it had to be done today in order to protect the markets. This was the equivalent of telling the terrorists what day we will leave Iraq. They should have sent out a message that a bailout would be worked out and it would take a week or so to put together. I know that sounds simplistic but its equally simplistic to think the American people would swallow this horrific throwing away of our hard earned dollars to bail out scoundrels.

Nancy Pelosi and Harry Reid are both despicable and ought to be put out of office. Their behavior in this crisis has been staggering. Chris Dodd was on the Sunday morning shows blathering about how he and Harry had to stay up until 11 p.m. the night before working. Give me a break. Her speech blaming Republicans for this crisis was incomplete, if not inaccurate, and not a good way to garner Republican votes. Barney Frank has criticized House GOP members for not voting for the bailout when 10 Democrats on the banking committee he chairs voted against it. He is a liar and a pig.

President Bush once again has let us down in a crisis. He’s done a poor job of leading and a poor job of communicating.

John McCain exercised good judgement by returning to Washington to be a part of the process but misread what was going on in speaking as though he had helped forge a deal that didn’t exist. McCain did help to get the original bill improved. Personally, I think McCain would have been better off being against the bill. I appreciate the urgency of the matter but he’s Mr. Reformer, Mr. No Ear-Marks and No Pork. That was WAY TOO MUCH loosey-goosey and fast shuffle with this thing. AT LEAST McCAIN SHOWED UP.

Barack Obama, just as when he was in the Illinois Senate, voted "Present." He is staying as far out of the fray as he possibly can. When asked, he wags his finger and lectures us about what he expects to see in a bill.

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