Note, 65 Democrats also bolted. If even 1/3 of them decided to support it,
the bill would have passed.

Truth is: The bill sucked, and was a rush-job. 

Pelosi's speech before the vote, extraordinarily partisan in its tone, was
cited as a major reason why at least 12 or so of the House Republicans who
were going to hold their nose and vote for it decided at the last minute to
bail.

Leaders rise above that kind of crap when it matters, and this is why.

On the other hand I'm not at all certain the bailout was as good or needful
as advertised and I'm quite positive there are lots of alternatives that
were not adequately debated and considered.

- Bob

-----Original Message-----
From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On Behalf
Of Michael Madigan
Sent: Monday, September 29, 2008 3:13 PM
To: [email protected]
Subject: [OT] house republicans blow it

Get used to saying "President Obama".

These guys decide that they would rather have the stock market tank rather
than go along with a 700 billion bail out.

The bail out would have probably wound up costing taxpayers at most 200
billion since they're getting real estate with never goes to a zero value.
I didn't hear any of these bozos complain about earmarks, the Iraq war,
Medicare, or any of the other bills that heaped a ton of debt on the budget.
But here they're taking a stand.

So now instead of 700 billion, the US consumer just lost 5% of its net stock
market value in one day.

Brilliant.

I didn't hear anyone go on the TV news channels complaining about Fannie Mae
when it was happening, but now they're taking a stand and sucking trillions
of net worth out of the stock market.

Not only that, they've just assured Obama, not only winning the election,
but winning in a landslide.  

What a bunch of morons.

I'm sick to my stomach now.

************************************************************************
On Wednesday, November 5th, Vote for Barack Obama

Right Wing Mike
http://www.cafepress.com/rightwingmike


[excessive quoting removed by server]

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