Pelosi: Democrats don’t have the votes to pass the bailout bill; Update: Vote unlikely before Wednesday?
posted at 6:05 pm on September 26, 2008 by Allahpundit
Share on Facebook | printer-friendly
“We don’t have the votes to do it on our own,” Pelosi told reporters.
Pelosi said many House Democrats still have strong reservations about the bill, especially if it does not include bankruptcy protections or does not include a way to pay for the massive $700 billion price tag…
Pelosi acknowledged that at first glance, the bill was “very unpopular” among the American people. However, Pelosi highlighted new polling data stating that the majority of Americans favor some form of government intervention to calm jittery financial markets.
Probably just her way of building leverage for some of those left-wing goodies they want in the final package, but I don’t know. There must be a few Blue Dogs looking at the polling on this and getting nervous. How long does the leadership have to pass something before people on their own side start defecting and the whole thing turns into Amnesty Debacle redux? Or am I just being naive, and in fact this is a classic Pelosi gambit a la her original maneuvering on drilling in which she encourages House members whose reelection prospects are dicey to vote however they need to knowing that she’ll get her way anyway? In fact, losing a few Democratic votes arguably makes it easier for her to claim that support for the bill is bipartisan, since it means that the few votes they already have among the House GOP will be decisive, not mere ornamentation.
Update: Debaclemania!
You must be logged in to post a comment.
Blowback
Note from Hot Air management: This section is for comments from Hot Air's community of registered readers. Please don't assume that Hot Air management agrees with or otherwise endorses any particular comment just because we let it stand. A reminder: Anyone who fails to comply with our terms of use may lose their posting privilege.
Trackbacks/Pings
Trackback URL
Comments
Comment pages: 1 2 3 Next »
Call her bluff.
Right_of_Attila on September 26, 2008 at 6:09 PM
Amazing how willingly the Dems. are to hook up with “The worst Prez. Evaaaaahhh.” Obamabi/Buuuuuush 08
Mercy4Me on September 26, 2008 at 6:09 PM
Oy. Faster Please.
phronesis on September 26, 2008 at 6:09 PM
I call shenanigans.
*eats*
Grue in the Attic on September 26, 2008 at 6:09 PM
Pelosi said many House Democrats still have strong reservations about the bill, especially if it does not include bankruptcy protections or does not include a way to pay for the massive $700 billion price tag…
So, it sounds like there are good reasons to vote against, eh…? Thanks for the way out, Nance!
snickelfritz on September 26, 2008 at 6:09 PM
I suppose that it’s the McCain’s fault that the dems don’t have enough votes to pass the bill.
blink on September 26, 2008 at 6:09 PM
*cough* tax increase *cough*
Why are the democrats adding 56 billion dollars if they can’t afford 700 billion already?
lorien1973 on September 26, 2008 at 6:09 PM
Well I have an opinion on what she’s saying, but I don’t have any facts. We need JackM to chime in and tell us what is going on, on the floor.
I don’t think a vote is likely until next Wednesday myself.
Spirit of 1776 on September 26, 2008 at 6:09 PM
Did I miss something here?
The Repubs are not ‘holding this up’? The Dems lied, and the media knowingly helped them?
I’m stunned…………
Janos Hunyadi on September 26, 2008 at 6:09 PM
Sweet.
Cry havoc! / And let slip the dogs of war.
ManlyRash on September 26, 2008 at 6:10 PM
Before anything is passed, any bill needs to be placed on the internet so we all can see and analyze.
Kini on September 26, 2008 at 6:10 PM
more like an opening for the mccain/republican plan to me.
lorien1973 on September 26, 2008 at 6:10 PM
DAMN STRAIGHT.
*eats*
Grue in the Attic on September 26, 2008 at 6:11 PM
It won’t be.
ManlyRash on September 26, 2008 at 6:11 PM
Bush lies, people uhhh, uuuh bailout wall street buddies.
Mercy4Me on September 26, 2008 at 6:11 PM
We were told that if the bill didn’t pass by Monday, the apocalypse will arrive.
Well, it’ll be monday and there won’t be a bill.
If there is no apocalypse; can we all cool our feet a little here?
lorien1973 on September 26, 2008 at 6:11 PM
I onces thought all the things I detest about Bush would be neutered by a Democrat Congress.
Now I know better.
Chuck Schick on September 26, 2008 at 6:12 PM
Not what Pelosi is sayin’ in Drudge’ link to the AP article…
Skywise on September 26, 2008 at 6:13 PM
Well that’s interesting. Carl Cameron just said that John McCain is going back to Washington after the debate because he thinks they need to have a bill passed before Japan’s market opens on Monday morning.
Cindy Munford on September 26, 2008 at 6:13 PM
That’s a demand that Palin should voice loudly. Will resonate because of her open checkbook thing too.
The longer this goes on, the more space there is for McCain to be the rallying force.
Spirit of 1776 on September 26, 2008 at 6:13 PM
Hmmm I thought it was a done deal!!!!
OH no is Stretch lying again?
Remember $140 Billion for ACORN is at stake.
I think it’s time the American people started tearing the pockets off their clothes.
Keep the Libs out of them
Rick007 on September 26, 2008 at 6:14 PM
Drop the ACORN.
unclesmrgol on September 26, 2008 at 6:14 PM
Question: can the Cantor plan really work? Paulson says no, but he’s a Wall Street insider.
lodge on September 26, 2008 at 6:15 PM
If there is this much opposition to the bill, how could she have said there was a deal ready to go on Thursday?
csdeven on September 26, 2008 at 6:15 PM
lorien1973 on September 26, 2008 at 6:11 PM
AAMEN! The sky is not falling! I mean, isn’t this what Bush said about Iraq? WMD’s Saddam will attack!!!!! etc..
How in God’s name could the Dems. believe him NOW!
Mercy4Me on September 26, 2008 at 6:15 PM
The longer nothing is done and Wall Street/Financial Markets survives (and it will), the less Americans will believe ANYTHING needs to be done. This is why I wish McCain hadn’t made such a spectacle about returning to Washington, D.C. and suspending the campaign. Oh well. Whatevs.
SouthernGent on September 26, 2008 at 6:15 PM
How can that possibly be? McCain left D.C. today.
Weight of Glory on September 26, 2008 at 6:15 PM
She went with her first impulse: lie.
Spirit of 1776 on September 26, 2008 at 6:16 PM
The subject of the bill should be brought up at tonight’s debate.
Kini on September 26, 2008 at 6:16 PM
heh Well, thankfully Madame Speaker says Barney Frank “knows his briefs.”
I bet he does….
becki51758 on September 26, 2008 at 6:17 PM
The worst congress in history didn’t earn its reputation by doing stuff, ya know.
lorien1973 on September 26, 2008 at 6:17 PM
No! The fact that the world didn’t end is proof that it will; and it will be even worse than if it were to end on Monday.
Weight of Glory on September 26, 2008 at 6:17 PM
Grue in the Attic on September 26, 2008 at 6:11 PM
There is a reporter name Jamie DuPree that is on Neal Boortz show out of Atlanta. He says that instead of putting the earmarks on a pdf file that they scan illegible pages in with the bill and then put it on the internet. He stated it was only slightly better than the good old day with a hundred reports trying to read on printed copy. These people are shameless.
Cindy Munford on September 26, 2008 at 6:17 PM
Manly has decreed that this is Quote Day, so
“He that lives upon hope will die fasting”
“Necessity never made a good bargain” –Franklin
“A man cannot be to careful in the choice of his enemies”
–Oscar Wilde
Janos Hunyadi on September 26, 2008 at 6:17 PM
McCain should call for Frank and Dodd to step down from their positions at the debate. That’d drip with awesomeness.
lorien1973 on September 26, 2008 at 6:18 PM
WOW. the blue dogs must be turning red. Who is for handing out $700 billion and it will be all better.
I sure would like to know what Gov Palin thinks about this, she can study as long as she needs, but i would like to hear from her, without the McCain cone of silence.
tarpon on September 26, 2008 at 6:18 PM
Absolutely!
Weight of Glory on September 26, 2008 at 6:18 PM
If there is no apocalypse; can we all cool our feet a little here?
lorien1973 on September 26, 2008 at 6:11 PM
NO, per the running in circles with asses on fire occurring here last night, we still need to prepare for an apocalypse.
Now that Butterfly Kisses has admitted that even her own party has skeptics, will you “Game over man, GAME OVER!” types finally settle down and let this work itself out a bit more?
Bishop on September 26, 2008 at 6:18 PM
If every Democrat in Congress and their MSM acolytes had personal wind turbines hooked up to the national power grid, with all the spinning they do, we’d be exporting electricity.
Loxodonta on September 26, 2008 at 6:18 PM
I didn’t mean you, lorien.
Bishop on September 26, 2008 at 6:18 PM
Stop it! I’m tingling.
Weight of Glory on September 26, 2008 at 6:19 PM
I say we take a cue from their own practices, assume the debt, and charge them 29% if they are late on a friggin payment, even by a day.
Alden Pyle on September 26, 2008 at 6:19 PM
AP
Come on, AP – I think you’re giving her way too much credit.
connertown on September 26, 2008 at 6:20 PM
Agreed! The subject of the debate needs to be this topic. With emphasis on how it effects national security.
Kini on September 26, 2008 at 6:20 PM
I say it’s time for a diversion:
NUKE BERMUDA!
mylegsareswollen on September 26, 2008 at 6:20 PM
I have called my reps so I am pretty sure that Dems have heard from at least their Republican constituents. This can’t and shouldn’t be an easy decision for any of them to make.
Cindy Munford on September 26, 2008 at 6:21 PM
There is nothing- literally, nothing, that could come out of this hag’s mouth that I would believe. I can only hope that Mz. Pelosi is sitting at her desk in San Fransisco when the “BIG ONE” hits. She is despicable.
anniekc on September 26, 2008 at 6:22 PM
I think it’s time the American people started tearing the pockets off their clothes.
Keep the Libs out of them
Rick007 on September 26, 2008 at 6:14 PM
Having no pockets won’t keep the libs from bending you over in the spirit of “fairness”.
Bishop on September 26, 2008 at 6:22 PM
Janos Hunyadi on September 26, 2008 at 6:17 PM
“a politician is an arse upon which everyone has sat, except a man.” — e.e. cummings
Disturb the Universe on September 26, 2008 at 6:22 PM
No way, who knows where the bomb will go. That place is weeeeeeiiiiiiirrrrrd.
*eats*
Grue in the Attic on September 26, 2008 at 6:22 PM
It’d take about 60 seconds of history for McCain to explain their roles in the situation. And then end it with a call for them to step down. Obama’s gonna say “they are doing a great job” after that?
lorien1973 on September 26, 2008 at 6:22 PM
In a nutshell.
Topsecretk9 on September 26, 2008 at 6:24 PM
…and he’d be tickled to become acquainted with yours…big boy….
…unless you’re a girl…in which case, you’e icky….
Puritan1648 on September 26, 2008 at 6:24 PM
There is much ammunition for McCain over the last few days (actually months, but I digress).
So when Obama tries to hang it on McCain for queering the deal (we must honor Mr. Fwank), he can respond with the fact there was no deal per Ms. Pelosi saying there aren’t enough Democrats. Then ask Senator Obama if he would like him to help him get the Democrats on board.
CC
CapedConservative on September 26, 2008 at 6:24 PM
“Fighting battles is like courting girls; those who make the most pretensions and are boldest usually win.”
-Rutherford B. Hayes
Bishop on September 26, 2008 at 6:24 PM
We’ve been begging for months that McCain wage war on Congress. Now is the time. Let loose the dogs of war, man.
lorien1973 on September 26, 2008 at 6:25 PM
I noticed Obama hasn’t supported any plan.
He’s present, but he’s not made any statement supporting anything.
When will we hear from the Almighty 0 (zero)?
Kini on September 26, 2008 at 6:25 PM
http://www.youtube.com/watch?v=H5tZc8oH–o
ninjapirate on September 26, 2008 at 6:25 PM
That’s why McCain offering his alternative plan at the debate kills Obama. What’s he gonna do? Support a plan that costs 700 billion dollars with Pelosis “no way to pay for it yet” ?
lorien1973 on September 26, 2008 at 6:26 PM
Odd. We have to pass it NOW! THE MARKETS WILL CRASH!
No crash today.
Then we hear about ACORN and La Raza and a possible TAX INCREASE! Plus Reid was trying to shut down the shale oil thing. You know what, I think the longer this sucker is out in the light of day, the more that millstone gets hung around Reid, Pelosi, Dodd, Frank and THE ONE. The LORD MESSIAH thought he could get this excrement passed and hang this on the GOP members of Congress and McCain. NOT! I think they are concerned the meltdown of Obama in the Presidential gathering and now they are backing down somewhat. Not to mention they do not want to be the ones saddled with the entire bill.
So, if it takes until Weds. then fine, so be it. We are Americans damn it and WE ARE THE BEST OF THE BEST OF THE BEST! We can do anything! We can send men to the moon, build democracies and feed the poor in third world countries.
freeus on September 26, 2008 at 6:26 PM
My Quote Day contribution:
We have gotten used to regarding as valor, only valor in war or the kind that’s needed in flying in outer space. The kind which jingle-jangles with medals. We have forgotten another concept of valor: Civil valor. And that’s all our society needs. Just that. Just that. Just that. That’s all we need and that’s exactly what we haven’t got. – Aleksandr I. Solzhenitsyn
RushBaby on September 26, 2008 at 6:26 PM
anniekc on September 26, 2008 at 6:22 PM
Don’t hold back, tell us what you really think! LMAO.
Cindy Munford on September 26, 2008 at 6:28 PM
OT:
The debate is a GO … 9pm EST/6pm PST
SilverStar830 on September 26, 2008 at 6:28 PM
Heck, we were told by some last night that the TED Spread indicated a market collapse today.
Instead, the Dow went UP 121.07.
I’m beginning to think that no one really knows whats going on and what will happen.
Religious_Zealot on September 26, 2008 at 6:29 PM
So where do the Dem’s get off thinking they can pack the “Rescue (ha) Bill” will a bunch of pork? Do they never learn?
Wait one minute, while I slap myself- O.K., done.
Will we the taxpayers get to review this bill, (ALL of it!) before it’s voted on?
anniekc on September 26, 2008 at 6:29 PM
…Godfrey Daniels! I got that mental image in full color, 1080i, Dolby surround sound….
…and, front and center, was Barney Frank, rotating on his favorite spindle…grinning like a Cheshire cat….
…the hours of drinking that it will take to get that outta my skull….
…so…thank you….
Puritan1648 on September 26, 2008 at 6:29 PM
I may have to vote straight Democrat in this hellish election if the Republicans like Richard Shelby keep it up.
As an independent, I am pretty much done with voting Republican because my retirement account is sinking every day.
McCain needs to shut up and support the plan. Limbaugh, Greenspan, economic conservatives need to be discredited.
This election, could be a 75% landslide for Democrats if Republicans don’t wake up out of their ideological fantasy-dreams.
indythinker on September 26, 2008 at 6:29 PM
I don’t know. I just heard on Fox that they were close. Who knows? I am already so sick of all this.
Terrye on September 26, 2008 at 6:29 PM
That the sky hasn’t collapsed yet, mean it won’t tomorrow.
We need government!1!one!!eleventy
lorien1973 on September 26, 2008 at 6:29 PM
He’s still waiting for the Dems to call…
becki51758 on September 26, 2008 at 6:30 PM
Which is exactly why the topic of foreign policy should be shelved and the topic should be the economy. I have confidence McCain will win that debate. Barry hasn’t said anything but call me if you need me.
Kini on September 26, 2008 at 6:30 PM
I noticed Obama hasn’t supported any plan.
He’s present, but he’s not made any statement supporting anything.
When will we hear from the Almighty 0 (zero)?
Kini on September 26, 2008 at 6:25 PM
It’s a secret, he’ll tell you when and if he’s elected (ala Kerry).
Bishop on September 26, 2008 at 6:30 PM
Every time I see a troll, I feel better about McCain’s position here ;)
lorien1973 on September 26, 2008 at 6:31 PM
If all the Dems vote with Pelosi, she has the votes, period. If she doesn’t have the votes, there must be some Blue Dogs revolting. Would they go along with the House GOP plan? In some of those districts, they’ll need some cover against conservative voters.
Rush was saying today that it was Obama who “blew up” the meeting by freaking out over the House GOP plan, while McCain didn’t say much. McCain needs to tell THAT story in the debate tonight, and get a win-win: a (relatively) conservative bailout bill, AND paint Obama as a hothead who can’t deal with Congress. Judgment to lead???
Steve Z on September 26, 2008 at 6:31 PM
I greatest wish is that someday; some loney red letter day; the Congress or even a single Congressman will be held to account for their roll in this mess.
Administrations come and go but Congressional tenure is forever. They hide in plain sight exhibiting an Alfred E. Newman “what me worry” countenance when their seed is discovered on the rape victim.
The lot of them should be banging rocks at Rikers.
mylegsareswollen on September 26, 2008 at 6:31 PM
If the primary topic isn’t the economy, what is the point of these debates? It’s topic #1 on everyone’s mind.
lorien1973 on September 26, 2008 at 6:31 PM
You’re right..he grossed me out too. So….Im hitting the wine already. ;)
becki51758 on September 26, 2008 at 6:32 PM
The Dow started down 140. Then news came out that a deal would be struck this weekend.
The stock market will be down substantially if there is no deal. Screw economic conservativism. Your fantasy is about to kill thousands of good banks and crush this economy and your party.
indythinker on September 26, 2008 at 6:32 PM
Wait, I thought they had a deal yesterday? Now they can’t even pass it on their own? So I guess there was no deal then huh you lying bastards!
TheBigOldDog on September 26, 2008 at 6:32 PM
McCain called for Cox to step down and he was hammered. Ask for Dodd and Frank to be fired and you’ll get democrat shills all over the news so I dunno how it would play out. Would bring it to the surface though. And it’s the truth, so if he backed it up, laid out the fact properly and clearly – it could work
lodge on September 26, 2008 at 6:33 PM
Biden is simply tired of all the malarkey.
Malarkey? Haven’t heard that in years. Priceless coming from that gas bag.
SouthernGent on September 26, 2008 at 6:33 PM
Oh Cindy Munford!
You should have seen what I had written, BEFORE I cleaned it up. Nancy Pelosi is B.A.D.
anniekc on September 26, 2008 at 6:33 PM
Really?? Dang..what a wrong day to miss Rush’s show!
becki51758 on September 26, 2008 at 6:33 PM
My greatest wish is that someday; some lonely red letter day; the Congress or even a single Congressman will be held to account for their roll in this mess.
Administrations come and go but Congressional tenure is forever. They hide in plain sight exhibiting an Alfred E. Newman “what me worry” countenance when their seed is discovered on the rape victim.
The lot of them should be banging rocks at Rikers.
mylegsareswollen on September 26, 2008 at 6:33 PM
Pelosi has the votes. She can call in all kinds of favours if she wants a party vote. She’s talking nonsense.
lodge on September 26, 2008 at 6:34 PM
And they said mccain is another bush haaaaaaaaaaaa
jaboba on September 26, 2008 at 6:34 PM
They are expecting 80 million viewers, right? Make the case and they can spin it all they want.
lorien1973 on September 26, 2008 at 6:34 PM
Obama supports the Paulson plan. It’s McCain who does not support any plan.
I guarantee that this holds up in the debate tonight, Obama will take a 15 point lead and will win. Republicans will get cleaned out of Congress.
Wake up! Stop being idiots! We are talking about people’s livelihoods.
As a McCain supporter, I am very disappointed by this entire series of events. Maybe he will step down from the nomination and let someone who is not so foolish take it.
indythinker on September 26, 2008 at 6:35 PM
Remember, it was Barry that wanted it switched from economy to foreign policy.
SouthernGent on September 26, 2008 at 6:35 PM
Sorry, I should have said “I guarantee that if this holds up in the debate tonight, Obama will take a 15 point lead and will win. Republicans will get cleaned out of Congress.”
indythinker on September 26, 2008 at 6:35 PM
No I don’t remember that. But that was a long time ago, wasn’t it? Times change.
lorien1973 on September 26, 2008 at 6:35 PM
Hey look – there’s some Billygoats approaching your bridge!
You better get back and check it out!
Religious_Zealot on September 26, 2008 at 6:36 PM
I have some questions about the GOP bill. I was reading a short post by Jennifer Rubin and she is no friend to Democrats, but she had some good questions about the GOP bill. Like is it feasable and doable. How does the insurance actually work? How is it different from the insurance these institutions already have? What does it do about debt? I have no idea, but if the debt is not dealt with in some way, how does it help the problem.
I know that Republicans do not want some big government bailout they do not understand shoved down their throat, I get that…but I have to be honest. I don’t know for sure if the GOP would cost less in the long run or not. I don’t know how exactly it would effect growth and that in turn effects tax income..all that. All I know is that the GOP says it has a lower outlay of cash up front, but I still don’t know how it works.
I just wish they would come up with a compromise that they could pass and we could move on. Economics is not a good issue for the GOP in an election year. We need to get this done.
Terrye on September 26, 2008 at 6:36 PM
Thousands of good banks? Hardly, just those who imbibed heavily of the mortgage market.
Smaller banks and credit unions are doing just fine, as they usually do during economic crises.
Bishop on September 26, 2008 at 6:36 PM
indythinker is not a troll, he is just frustrated.
Terrye on September 26, 2008 at 6:37 PM
Meanwhile, Obama campaign sent out email begging democrats to drive to a battleground state and spend a few weeks getting in peoples faces.
RushBaby on September 26, 2008 at 6:37 PM
The market is on a emotional roller coaster and will probably continue to do so even after a bill is passed. What really needs to be done is to make the lenders responsible for repaying any bail out by the taxpayer. Those that cannot should be allowed to fail. Other investors will see bargains galore and will start pumping cash into the market. There’s a lot of money sitting on the fence waiting for congress to make a decision. Also, there need to be a public accounting by the congress to out the players that got us into this mess.
Kini on September 26, 2008 at 6:38 PM
NOw we hear of a CEO of WAMU who was paid 50 million dollars after only 17 days of work!
Why the heck is that allowed? THAT is why I am against the bailout!
becki51758 on September 26, 2008 at 6:39 PM
So they [the Government] go on in strange paradox, decided only to be undecided, resolved to be irresolute, adamant for drift, solid for fluidity, all-powerful to be impotent.
- Sir Winston Churchill
tru2tx on September 26, 2008 at 6:39 PM
Obama supports the Paulson plan. It’s McCain who does not support any plan.
Apparently plenty of democrats don’t support the Paulson plan either, as evidenced by Allah titling this thread, “Pelosi: Democrats don’t have the votes to pass the bailout bill.”
Scroll up and see for yourself (its the bar over on the right of your screen).
Bishop on September 26, 2008 at 6:40 PM
Comment pages: 1 2 3 Next »