The bill failed 228 to 204, with 140 Democrats voting for and 95 against, and 65 Republicans voting for and 133 against.
My mind ruminates over those 95 House Majority votes and how that came to be and what it is they are holding out for; the desire to actually have a leader who could build consensus instead of having an administration that bullies into consensus (notice how the current one can't build a consensus when the time calls for a nuanced approach across the aisle and within its own party); but, ultimately, I can't help but remember how close to a deal they were not that long ago when someone decided that grandstanding would be a better way to go.
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5 comments:
I gotta say, I'm not for this bailout. Too much money will continue to enrich those who got us into this mess, the bill contained no suppport for foreclosures, the oversight they added was a joke.
I just don't think this is the way out. I think it is a payoff for the rich, and the poorer taxpayers will suffer.
It is sure to make strange bedfellows. Right now, I'd definitely vote with the 95.
I'm with JJ. No one has convinced me that this will get us out of the recession any sooner than doing nothing.
The fact that the original plan called for Paulson to have unreviewable power leads me to believe that this is not about what they are telling us it is about.
Give me a sweeping regulation reform bill first, and then try to convince me of a bailout.
You gotta fix the leaks in the pool before you even consider wasting more water.
Yeah, I'm not wholly enthusiastic about the bailout, as it is currently presented, either. It's too much of Bush's baby, really. I think Thursday's deal was better over all.
Matters not, the consequence of this inaction will soon be seen and felt...
re: The 95 voters.
I only bring this up because of the various problems it represents; showing Dems as just as fractured as the Reps right now; the lack of preparedness on the part of congressional leadership in not taking them into account; also the inability to address their needs while bringing them into the fold...
a lot of them are in campaigns right now, and so have more to lose than the rest
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