The National Republican Congressional Committee put together this excellent video.
The National Republican Congressional Committee put together this excellent video.
This man speaks the truth. Unfortunatly the truth doesnt go very far in Congress.
Here is the final vote record for the Senate version of the bailout.
Voting Yes (75):
Akaka (D-HI), Alexander (R-TN), Baucus (D-MT), Bayh (D-IN), Bennett (R-UT), Biden (D-DE), Bingaman (D-NM), Bond (R-MO), Boxer (D-CA), Brown (D-OH), Burr (R-NC), Byrd (D-WV), Cardin (D-MD), Carper (D-DE), Casey(D-PA), Chambliss (R-GA), Clinton (D-NY), Coburn (R-OK), Coleman (R-MN), Collins (R-ME), Conrad (D-ND), Corker (R-TN), Cornyn (R-TX), Craig (R-ID), Dodd (D-CT), Domenici (R-NM), Ensign (R-NV), Feinstein (D-CA), Gramm (R-SC), Grassley (R-IA), Gregg (R-NH), Hagel (R-NE), Harkin (D-IA), Hatch (R-UT), Hutchison (R-TX), Inouye (D-HI), Isakson (R-GA), Kerry (D-MA), Klobuchar (D-MN), Kohl (D-WI), Kyl (R-Az), Lautenberg (D-NJ), Leahy (D-VT), Levin (D-MI), Lieberman (I-CT), Lincoln (D-AR), Lugar (R-IN), Martinez (R-FL), McCain (R-AZ), McCaskill (D-MO), McConnell (R-KY), Menendez (D-NJ), Mikulski (D-MD), Murkowski (R-AK), Murray (D-WA), Nelson (D-NE), Obama (D-IL), Pryor (D-AK), Reed (D-RI), Reid (D-NV), Rockefeller (D-WV), Salazar (D-CO), Schumer (D-NY), Smith (R-OR), Snowe (R-ME), Specter (R-PA), Stevens (R-AK), Sununu (R-NH), Thune (R-SD), Voinovich (R-OH), Warner (R-VA), Webb (D-VA), Whitehouse (D-RI)
Voting No (25):
Allard (R-CO), Barrasso (R-WY), Brownback (R-KS), Bunning (R-KY), Cantwell (D-WA), DeMint (R-SC), Cochran (R-MS), Crapo(R-WY), DeMint (R-SC), Dole (R-NC), Dorgan (D-ND), Enzi (R-WY), Feingold (D-WI), Inhofe(R-OK), Johnson (D-SD), Landrieu (D-LA), Nelson (D-NE), Roberts (R-KS), Sanders (I-VT), Sessions (R-AL), Shelby (R-AL), Stabenow (D-MI), Tester (D-MT), Vitter (R-LA), Wyden (D-OR)
I understand that the financial sector, the media, and a good portion of main street has been panicked into thinking that we need this bill and this point I’m somewhat inclined to agree simply to avoid the unnecessary panic and problems that would be caused by not passing this crap sandwich full of pork.
How messed up is that. We can thank the Bush Administration for driving the panic home and the rest of congress for following suit. It’s time to start voting people out of office. My congressional votes this year will go against anyone who has been in congress for more than 8 years. I will give them a pass this year if they voted against this bailout. This does no include Presidential elections so don’t get any funny ideas that I will be voting for Barry O.
Over the last week and a half the possible $700 billion bailout of the financial sector has been the talk of the town. Lots of TALK and no study of the history. Lots of TALK about how to solve the “problem” without spending any time to figure out what the problem is. Lots of TALK and backdoor, dark room, under the table, secret meetings between Congressional leaders and the increasingly annoying Bush Administration.
When the bill failed to pass the first go in the House the market reacted with shock and awe. Why? Because they continue to get caught with their pants down. There is more blame to go around than there is time to explain and it falls on Democrats, Republicans, Presidents over the last 50 or so years, and to bankers and Wall Street slicksters alike.
But lets not forget that we are the ones who ultimately are responsible for this mess. Not only did we not do our duty and provide proper oversight of our Representatives WE took the credit (as in $). We bought houses we couldn’t afford. We accepted the credit cards and department store cards and the expensive cars. WE failed to understand that we were being swindled by a gang of swindlers consisting of many Congresses looking for votes and heeding the calls of lobbyists to bankers looking to grant more and more insane ARM loans without considering who their were giving them to.