Breaking: Bailout bill fails, Dow roller-coasters; Update: Pelosi speech added
posted at 2:00 pm on September 29, 2008 by Ed Morrissey
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This has to be considered a shocker. The bailout bill failed in the House, and it wasn’t especially close. The final tally was 207-226, with Democrats supporting it 141-94, while Republicans opposed it 66-132.
How did the markets react? Initially, with panic. Dow dropped from around a -290 to more like a -660, but then recovered within minutes to a -400. Within a few minutes after that, it rose a little further to about -360, a 300-point gain, but it continued to go up and down, and probably will all day long.
What does this mean? The Senate can always initiate their own version of the plan and re-send it to the House, but that will take some doing. Can Republicans change their votes after taking this kind of stand?
If it stands, it will be a repudiation of the leadership in both House caucuses and the Bush administration. Pelosi couldn’t hold her caucus together, and Boehner, Cantor, Blunt, and Putnam will find themselves in the minority of theirs.
Update: I guess this puts lie to the notion that an agreement existed before John McCain went back to Washington. They got more Republicans today than they had last Wednesday, and it still didn’t pass.
Update II: Here’s the speech that probably killed the agreement. Pelosi blamed the collapse on George Bush and a lack of regulation, and called Republicans hypocrites for cheering free-market principles.
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Media mantra is the American people are too stupid to know how good this bailout is for them. Chrissy the spitter Matthews is in full blame McCain mode. Nothing unusual there. When he and The Tack Olbermann are upset about this, we can only assume the failure is a good thing.
roninacreage on September 29, 2008 at 2:55 PM
Roll call vote:
http://clerk.house.gov/evs/2008/roll674.xml
BuckeyeSam on September 29, 2008 at 2:56 PM
The House server is apparently down. I would love to call for Pelosi’s resignation but my guys a Republican. I might be scared about what the future holds but I was so bummed about this passing. Pretty stoked for the moment though.
Cindy Munford on September 29, 2008 at 2:56 PM
Matthews is right.
This “yay, conservatism won the day” rhetoric is just awful. I believe in markets, too, but the fact is that something must be done very soon or we could be staring at economic doom. That’s not just me talking, either: virtually EVERYONE across the political spectrum – from Gingrich, Boehner, and the Heritage Foundation to various Democrats, Warren Buffett, and all sorts of bankers and financial types – have said that the economy will implode if something isn’t done very soon.
The markets have held on for over a week now because everyone believed a solution was just around the corner. Now that’s in doubt and the Dow is down over 600 points. Would other solutions have helped? Perhaps – but I don’t see any competing proposals that are radically different. Now, time is up.
The House GOP chose to work off the Paulsen plan and cut the best deal it could. It made some significant improvements to the bill and took the Democrats’ socialist “gimmes” out. The leadership (both Republican and Democrat) announced the bill was a done deal on Sunday. McCain said to vote for it. And now the House GOP threw a temper tantrum because Nancy Pelosi gave a partisan speech??? It’s a total collapse of leadership on the GOP side.
(Yes, Pelosi didn’t muster votes to pass it, either, but she can always fall back on the argument that the Democrats would not pass the bill without bipartisan support.)
This is unbelievably irresponsible.
Outlander on September 29, 2008 at 2:57 PM
I just knew my cowardly Rep would vote AYE….and sure enough he did. John Tanner, what a waste. I detest living in a Dem district!! :(
dustoffmom on September 29, 2008 at 2:57 PM
Democrats with brains, now is the time to take your party back from the likes of Nancy Pelosi and Barny Frank.
Vote her out as speaker.
Senate do the same.
Get a real deal done.
Yours ever true,
America
badtothebone on September 29, 2008 at 2:58 PM
McCain is McSilent on the McBill he apparently is to be McCongratulated for.
Dave Rywall on September 29, 2008 at 2:58 PM
She is so enthralled with her own brilliance she foolishly thought she had the luxury of kicking the President in the groin with impunity. My heavens, she is one ugly person.
The GOP is now free to go on the attack and offer real reform and a permanent solution. This will only work, however, if McCain and Co. get on board.
T J Green on September 29, 2008 at 2:59 PM
Pelosi has mush (s#hit) for brains and has truly shown just how incompetent she is. Dems must have new leadership and maybe this will be one of the last nails in her coffin.
dman232 on September 29, 2008 at 2:59 PM
We need a new Treasury Secretary. Anyone advocating the gov’t take over of horrible private enterprise practices needs to have his head handed to him. Until we have a program that lets some enterprises fail we will not get a truly viable fix.
Fuquay Steve on September 29, 2008 at 2:59 PM
Ok, after watching this, I’ve totally flipped positions.
The GOP should vote this bill down, and should continue to vote down any bailout bill unless it has huge concessions such as immediate repeal of Community Reinvestment Act.
Make Pelosi and her Democrats own this legislation. They’re the majority.
JudetheFossil on September 29, 2008 at 2:59 PM
Dam Tancredo!!! What the F! ya doin???
Romeo13 on September 29, 2008 at 3:00 PM
It looks like the vast majority, if not all, of the black and hispanic caucuses on the democrat side voted NO.
roninacreage on September 29, 2008 at 3:00 PM
My guy voted NO. But then so did Shelia Jackson-Lee so I think a lot you whining about the Republicans might want to give the Roll Call a look.
Cindy Munford on September 29, 2008 at 3:00 PM
This plus her accusing Republicans of being “unpatriotic” the other day makes her out to be, at the very least, a complete idiot.
WolkingsWorld.com on September 29, 2008 at 3:01 PM
you know bush has the power to order this. he has all authority to make sure the economic system is in tact
unseen on September 29, 2008 at 3:01 PM
FINAL VOTE RESULTS FOR ROLL CALL 674
(Democrats in roman; Republicans in italic; Independents underlined)
H R 3997 RECORDED VOTE 29-Sep-2008 2:07 PM
QUESTION: On Concurring in Senate Amendment With An Amendment
BILL TITLE: To amend the Internal Revenue Code of 1986 to provide earnings assistance and tax relief to members of the uniformed services, volunteer firefighters, and Peace Corps volunteers, and for other purposes
Ayes Noes PRES NV
Democratic 140 95
Republican 65 133 1
Independent
TOTALS 205 228 1
—- AYES 205 —
Ackerman
Allen
Andrews
Arcuri
Bachus
Baird
Baldwin
Bean
Berman
Berry
Bishop (GA)
Bishop (NY)
Blunt
Boehner
Bonner
Bono Mack
Boozman
Boren
Boswell
Boucher
Boyd (FL)
Brady (PA)
Brady (TX)
Brown (SC)
Brown, Corrine
Calvert
Camp (MI)
Campbell (CA)
Cannon
Cantor
Capps
Capuano
Cardoza
Carnahan
Castle
Clarke
Clyburn
Cohen
Cole (OK)
Cooper
Costa
Cramer
Crenshaw
Crowley
Cubin
Davis (AL)
Davis (CA)
Davis (IL)
Davis, Tom
DeGette
DeLauro
Dicks
Dingell
Donnelly
Doyle
Dreier
Edwards (TX)
Ehlers
Ellison
Ellsworth
Emanuel
Emerson
Engel
Eshoo
Etheridge
Everett
Farr
Fattah
Ferguson
Fossella
Foster
Frank (MA)
Gilchrest
Gonzalez
Gordon
Granger
Gutierrez
Hall (NY)
Hare
Harman
Hastings (FL)
Herger
Higgins
Hinojosa
Hobson
Holt
Honda
Hooley
Hoyer
Inglis (SC)
Israel
Johnson, E. B.
Kanjorski
Kennedy
Kildee
Kind
King (NY)
Kirk
Klein (FL)
Kline (MN)
LaHood
Langevin
Larsen (WA)
Larson (CT)
Levin
Lewis (CA)
Lewis (KY)
Loebsack
Lofgren, Zoe
Lowey
Lungren, Daniel E.
Mahoney (FL)
Maloney (NY)
Markey
Marshall
Matsui
McCarthy (NY)
McCollum (MN)
McCrery
McDermott
McGovern
McHugh
McKeon
McNerney
McNulty
Meek (FL)
Meeks (NY)
Melancon
Miller (NC)
Miller, Gary
Miller, George
Mollohan
Moore (KS)
Moore (WI)
Moran (VA)
Murphy (CT)
Murphy, Patrick
Murtha
Nadler
Neal (MA)
Oberstar
Obey
Olver
Pallone
Pelosi
Perlmutter
Peterson (PA)
Pickering
Pomeroy
Porter
Price (NC)
Pryce (OH)
Putnam
Radanovich
Rahall
Rangel
Regula
Reyes
Reynolds
Richardson
Rogers (AL)
Rogers (KY)
Ross
Ruppersberger
Ryan (OH)
Ryan (WI)
Sarbanes
Saxton
Schakowsky
Schwartz
Sessions
Sestak
Shays
Simpson
Sires
Skelton
Slaughter
Smith (TX)
Smith (WA)
Snyder
Souder
Space
Speier
Spratt
Tancredo
Tanner
Tauscher
Towns
Tsongas
Upton
Van Hollen
Velázquez
Walden (OR)
Walsh (NY)
Wasserman Schultz
Waters
Watt
Waxman
Weiner
Weldon (FL)
Wexler
Wilson (NM)
Wilson (OH)
Wilson (SC)
Wolf
—- NOES 228 —
Abercrombie
Aderholt
Akin
Alexander
Altmire
Baca
Bachmann
Barrett (SC)
Barrow
Bartlett (MD)
Barton (TX)
Becerra
Berkley
Biggert
Bilbray
Bilirakis
Bishop (UT)
Blackburn
Blumenauer
Boustany
Boyda (KS)
Braley (IA)
Broun (GA)
Brown-Waite, Ginny
Buchanan
Burgess
Burton (IN)
Butterfield
Buyer
Capito
Carney
Carson
Carter
Castor
Cazayoux
Chabot
Chandler
Childers
Clay
Cleaver
Coble
Conaway
Conyers
Costello
Courtney
Cuellar
Culberson
Cummings
Davis (KY)
Davis, David
Davis, Lincoln
Deal (GA)
DeFazio
Delahunt
Dent
Diaz-Balart, L.
Diaz-Balart, M.
Doggett
Doolittle
Drake
Duncan
Edwards (MD)
English (PA)
Fallin
Feeney
Filner
Flake
Forbes
Fortenberry
Foxx
Franks (AZ)
Frelinghuysen
Gallegly
Garrett (NJ)
Gerlach
Giffords
Gillibrand
Gingrey
Gohmert
Goode
Goodlatte
Graves
Green, Al
Green, Gene
Grijalva
Hall (TX)
Hastings (WA)
Hayes
Heller
Hensarling
Herseth Sandlin
Hill
Hinchey
Hirono
Hodes
Hoekstra
Holden
Hulshof
Hunter
Inslee
Issa
Jackson (IL)
Jackson-Lee (TX)
Jefferson
Johnson (GA)
Johnson (IL)
Johnson, Sam
Jones (NC)
Jordan
Kagen
Kaptur
Keller
Kilpatrick
King (IA)
Kingston
Knollenberg
Kucinich
Kuhl (NY)
Lamborn
Lampson
Latham
LaTourette
Latta
Lee
Lewis (GA)
Linder
Lipinski
LoBiondo
Lucas
Lynch
Mack
Manzullo
Marchant
Matheson
McCarthy (CA)
McCaul (TX)
McCotter
McHenry
McIntyre
McMorris Rodgers
Mica
Michaud
Miller (FL)
Miller (MI)
Mitchell
Moran (KS)
Murphy, Tim
Musgrave
Myrick
Napolitano
Neugebauer
Nunes
Ortiz
Pascrell
Pastor
Paul
Payne
Pearce
Pence
Peterson (MN)
Petri
Pitts
Platts
Poe
Price (GA)
Ramstad
Rehberg
Reichert
Renzi
Rodriguez
Rogers (MI)
Rohrabacher
Ros-Lehtinen
Roskam
Rothman
Roybal-Allard
Royce
Rush
Salazar
Sali
Sánchez, Linda T.
Sanchez, Loretta
Scalise
Schiff
Schmidt
Scott (GA)
Scott (VA)
Sensenbrenner
Serrano
Shadegg
Shea-Porter
Sherman
Shimkus
Shuler
Shuster
Smith (NE)
Smith (NJ)
Solis
Stark
Stearns
Stupak
Sullivan
Sutton
Taylor
Terry
Thompson (CA)
Thompson (MS)
Thornberry
Tiahrt
Tiberi
Tierney
Turner
Udall (CO)
Udall (NM)
Visclosky
Walberg
Walz (MN)
Wamp
Watson
Welch (VT)
Westmoreland
Whitfield (KY)
Wittman (VA)
Woolsey
Wu
Yarmuth
Young (AK)
Young (FL)
—- NOT VOTING 1 —
Weller
——————————————————————————–
roninacreage on September 29, 2008 at 3:01 PM
Didn’t you say in a different part of this blog that the Dems were the ones?
Hmmmm let me look!
Go Away Dave!
upinak on September 29, 2008 at 3:01 PM
Ahh so some Republicans voted NAY because of Pelosi’s speech?
How incredibliy fu*ktarded of them.
Dave Rywall on September 29, 2008 at 3:01 PM
Interestingly enough my criminal Representative (William Jefferson) did the right thing and voted no.
highhopes on September 29, 2008 at 3:01 PM
I see that time estimates in congress are a lot like cost estimates.
Yielding for 1 minute becomes yielding for 5 minutes. I wonder what $700 billion becomes?
JadeNYU on September 29, 2008 at 3:01 PM
Thanks. Brain cramp. I meant contested.
Y-not on September 29, 2008 at 3:02 PM
Well yeah, the ACORN bribe section was removed.
Vashta.Nerada on September 29, 2008 at 3:02 PM
http://www.distributist.blogspot.com/2007/08/introduction-to-distributism.html
ninjapirate on September 29, 2008 at 3:02 PM
Never trusted the explanations or the agenda coming from the 9% gang. And the only emergency I noted came from dangling a trillion dollars in front of congress and expecting anything other than a feeding frenzy. I imagine when this bill reached its final form, congress would have had us buy into a trillion dollar earmark wrapped around a pork center with a couple of dollars left over for the intended purpose.
eeyore on September 29, 2008 at 2:34 PM…got that right. Any second now.
I swear, if ’save the planet’ Pelosi and her friends were drowning at sea and you threw out both an anchor wrapped in hundred dollar bills and a life preserver, they would meet Davy Jones. Every. Time.
But for today at least, sanity has prevailed. Hallelujah!
Nikita on September 29, 2008 at 3:02 PM
I call for a write-in campaign for ever federal office being contested this election: “None of the above.”
msyb on September 29, 2008 at 3:02 PM
Know what? I’m near close to just forgetting a presidential win for the right and voting in some more of these gutsy Senators. It’s obvious that even being president, speaker, majority, etc., doesn’t mean crap when the nation is standing with the minority. Awesome.
Mommypundit on September 29, 2008 at 3:03 PM
Crap…. don’t know if I can listen to this
Nancy PelosiWoot Owl…Mcguyver on September 29, 2008 at 3:03 PM
Pelosi couldn’t keep HER caucus in line…. they can pass this crap without a single Republican vote….. so shut the hell up Nancy….
Randy1968 on September 29, 2008 at 3:03 PM
The only reason democrats voted it down is because they want Republicans just as guilty.
Sit it out!
Sir Andrew on September 29, 2008 at 3:03 PM
NO he doesn’t! Spending legislation has to start in the House- not by executive order. The only thing GWB could do is rearrange the non-appropriated portions of the federal budget and throw it Wall Street. How do you suppose that would go over?
highhopes on September 29, 2008 at 3:04 PM
And the 95 Dems?
BuckeyeSam on September 29, 2008 at 3:04 PM
Why do you suppose so many Democrats voted against Pelosi, Dave? I know you’re Canadian and everything, but you do know how our system works, right?
capitalist piglet on September 29, 2008 at 3:04 PM
FoxNews has the roll-call up. The leaders of the Republican delegation to the compromise all voted Yea: Boehner, Blunt, Cantor, Putnam, as did Democrat leaders Pelosi, Hoyer, and Barney Frank.
Republicans Hensarling, McCotter, Pence, and Shadegg all voted Nay. Strangely enough, Tom Tancredo voted Yea, but the Maverick of Mavericks Ron Paul voted No.
Time for the whips to strike a new deal–one that keeps taxpayers in mind, without letting the market tank.
Steve Z on September 29, 2008 at 3:05 PM
Man, the Dow’s dropping quicker than Paris Hilton’s panties at a frat party.
Hey, even my energy stock is tanking, all I have left are bad jokes.
rbj on September 29, 2008 at 3:05 PM
She is makes me sick!
The Republicans better come out swinging on this one!
They did not need one Republican vote to pass this crap and they still couldnt get it done, there is no way she should be allowed to pin this on the Republicans.
HoosierCon on September 29, 2008 at 3:05 PM
Pelosi is plugging Barney Frank. I have to go throw up.
BuckeyeSam on September 29, 2008 at 3:05 PM
Pelosi speaking now, whining that Democrats delivered their votes but Republicans didn’t, so this “bipartrisan” effort was defeated. What a useless human (out on a limb here) being.
FalseProfit on September 29, 2008 at 3:06 PM
Pelosi’s now giving a presser talking about how they held up their part of the bargain and want to work with the administration on this trying to sound complimentary. A lot of nerve she has after her floor speech. What a duplicitous piece of crap.
CP on September 29, 2008 at 3:06 PM
You can watch most of Pelosi’s pre-vote speech on Brietbart:
Pelosi Attacks Bush, Praises Clinton Surplus Prior to Vote on Bailout
Compare Speaker Pelosi’s speach to the quiet, statesmanlike talks by Senator McCain. This was not a speech designed to reach across the aisle, except with a bludgeon.
The Democrats are putting on a highly partisan, Party before Country, drama, and the MSM seems to be going along with it.
In the meantime, while Democrats fiddle, another collapse is taking place in our financial markets.
It seems now that unless the Democrats can put aside their partisan agenda and actually work with republicans, no bailout will pass. And, the rest of us will be left to see how deep & broad this economic crisis will take us.
Loxodonta on September 29, 2008 at 3:06 PM
Wait.. wait for the praise of The Messiah’s help in this…..
have a shot ready…
Mcguyver on September 29, 2008 at 3:06 PM
Yes – this is bi-partisianship – the Pelosi way! Republicans need to come out swinging and show the 2004 YouTube video on the House floor and on every TV station, showing the Dems stopping & attacking every Republican’s effort to ward off this situation. Dodd, Franks, Paulson OUT NOW!
Kat13 on September 29, 2008 at 3:06 PM
Hey Nancy… the botox has seeped into your brain cell.
Over FORTY percent of Democrats voted AGAINST the bill!
Mark_Tampa on September 29, 2008 at 3:06 PM
Nan had the votes, she failed twice.
1. She couldn’t keep her sheep in order.
2. She couldn’t keep her trap shut before the vote.
HornetSting on September 29, 2008 at 3:06 PM
I love it! Boehner, Cantor, and Blunt have issued a well deserved smackdown on Pelosi.
It’s about time we went on offense against the Dems. Time for McCain and Palin to take that ball and run with it.
Buy Danish on September 29, 2008 at 3:07 PM
More Dems voted against this bill than GOP voting for it. How do you explain that one, Drywall.
You clowns are in power now, so lead.
Chuck Schick on September 29, 2008 at 3:07 PM
What a visual.
Vashta.Nerada on September 29, 2008 at 3:07 PM
What a spectacular failure of both Republicans and Democrats.
Dave Rywall on September 29, 2008 at 3:07 PM
More Dems voted against this bill than GOP voting for it. How do you explain that one, Drywall.
You clowns are in power now, so lead.
Chuck Schick on September 29, 2008 at 3:07 PM
——–
I blame them both. You don’t. That’s the difference.
Dave Rywall on September 29, 2008 at 3:07 PM
I think this is why McCain didn’t unload on Dodd, Frank, Peloso, etal during the debate.
There’s still time folks.
Oink on September 29, 2008 at 3:08 PM
I just listened to Pelosi’s speech and I am struck by the impression that she has really gone round the bend. “I don’t know what was so great about the Great Depression.”, “Sneaked up on little cat’s feet..” yeesh! Seems the Botox needles my be plunging a little too deep.
ronsfi on September 29, 2008 at 3:08 PM
My God, the woman is absolutely shameless! She has totally sold her soul! How dare she? How dare she? She is totally unfit to lead!
pilamaye on September 29, 2008 at 3:08 PM
Flat out false, but she’ll friggin’ get away with it. Unbelievable. These Democrats must practice saying this spit in front of a mirror without bursting out laughing.
capitalist piglet on September 29, 2008 at 3:08 PM
The Messiah “owned” this yesterday, saying he was the great HOPE for this bill, taking credit for working to protect the American people…well Messiah, what now? Maybe you need to change your phone service, Messiah.
HornetSting on September 29, 2008 at 3:08 PM
I am proud to say that Mike Pence is one of our own here in the Hoosier State!
Proud!
HoosierCon on September 29, 2008 at 3:08 PM
Check the democrats voting no. I’m hearing they voted no because the slush fund to ACORN was removed.
Sue on September 29, 2008 at 3:08 PM
Please … I beg you, stop with the subliminal messages….
Mcguyver on September 29, 2008 at 3:09 PM
I am curious about one thing. Was it bitter clingers who killed this bill?
Buy Danish on September 29, 2008 at 3:09 PM
Second look at Ron Paul…
BallisticBob on September 29, 2008 at 3:09 PM
I called my R senator and R congressman and told them they need to fight back against the democrats bs. Lay it out, Acorn, the whole ball of wax and take it to them with a BIG stick.
I called my R congressman back and told him to tell Boehner, Cantor, Blunt, etc…GOOD JOB…
HornetSting on September 29, 2008 at 3:09 PM
The Republicans should continue to vote it down, then go home and tell their constituents to vote for the party you want to lead the charge as we move forward.
If you think the Dems can do it better, then vote for my opponent, if you think the GOP can do it better, than vote the Dems out.
WoosterOh on September 29, 2008 at 3:10 PM
I never said a damn thing about polls or popularity. Most socialist wanted this bill. If your gonna quote me, put it in context.
Big Orange on September 29, 2008 at 3:10 PM
We need a translator for Barney Frank.
Now, Frank, about that jail sentence…..
HornetSting on September 29, 2008 at 3:10 PM
Here comes the
Barney Franktu tu tu tu tu tu tu tu tut mentioned above…WHAT? Some said there was no crisis? That’s a newsflash to me!!
Mcguyver on September 29, 2008 at 3:11 PM
NINETY-FOUR, NAN. They abadoned you.
HornetSting on September 29, 2008 at 3:11 PM
Look how many Dems voted against this bill…San Fran Nan and Barney are going to keep attacking all the way back to their fox holes…What happened to the Dems?
d1carter on September 29, 2008 at 3:12 PM
Pelosi on future bailout endeavors: “Another bite of the Apple”
Let’s all meet again on Wednesday.
JoeBrooks on September 29, 2008 at 3:12 PM
If Nancy thinks it’s a winning strategy to tell the American public that the Republicans stopped her from spending $700 billion, I say let’s buy her an hour in prime time.
Ronnie on September 29, 2008 at 3:13 PM
You’re right. It was yesterday when Osama Obama claimed credit for getting it through.
My representative — Rohrbacher — voted no. So for once, I can see an instance of my vote making a difference!
MrScribbler on September 29, 2008 at 3:13 PM
Barney understands that this government intervention will impede our freedom? But disagrees with it?
Why mention it then?
Man!!!!!!!!!!!!
The phone lines must’ve been burning nuclear!!!!
Mcguyver on September 29, 2008 at 3:13 PM
Wait….wait…
are you suggesting that the democrats who didn’t get their extortion payoff deliberately tried to throw the US Economy into chaos?
rockhauler on September 29, 2008 at 3:13 PM
Wondered about this the other day–I don’t think the Dems CAN push their agenda, there’s too much resistance from their OWN.
Good sign here, maybe there are enough honest Dems to enable REAL bi-partisan legislation.
irongrampa on September 29, 2008 at 3:14 PM
This is unbelievably irresponsible.
Outlander on September 29, 2008 at 2:57 PM
You know what is irresponsible?
Loaning money to people who can’t afford to pay it back. Letting people who can’t afford things have them based on some PC BS!
That’s what’s irresponsible.
I shouldn’t have to pay their bills and my own at the same time!
catmman on September 29, 2008 at 3:14 PM
Pelosi speaking now, whining that Democrats delivered their votes but Republicans didn’t, so this “bipartrisan” effort was defeated.
Steve Z on September 29, 2008 at 3:14 PM
Pettiness…oh please, Barney. Do you listen to yourselves….the nerve.
HornetSting on September 29, 2008 at 3:15 PM
The Dems that voted against it thought they had political cover inside their own party. Because the bill came stripped of all the pork for their communities they voted against it thinking it would pass with repubs yet they could still chest thump in their districts for voting against Wall Street.
They want that money for ACORN and LaRaza–they had it spent before it got stripped. If the bill had those provisions it would have been unanimous. Now they could care less about a crash.
patrick neid on September 29, 2008 at 3:15 PM
Hilarious speech by Pelosi. I see that my vitriolic criticism of this pig was grossly understated. She is illiterate and insane.
She is repeating the absurd lie that “Bush” somehow squandered a “$5 trillion” surplus created by Clinton. Nothing could be further from the truth, of course, and the previous budget and this housing crisis have nothing whatsoever to do with each other, unless you subscribe to the theory that the phony surplus was the short term product of the housing orgy, and that this crisis is the long term product.
She should be impeached, and then whipped.
Jaibones on September 29, 2008 at 3:15 PM
The GOP ought to try explaining to Wall Stre… Main Stree… anyone how they decided to defeat this bailout because of hurt feelings.
YYZ on September 29, 2008 at 3:16 PM
Ms. Pelosi is doing her best to put the blame for over spending on Bush, but of course its Congress that has the power of the purse, not Bush. Madam Speaker, if you have been unhappy with how the dollars have been spent then you should have done something about it, that’s your job.
Maxx on September 29, 2008 at 3:16 PM
He’s so effing nauseating.
And will someone wipe that s#$% eating grin off Pelosis face?
BallisticBob on September 29, 2008 at 3:16 PM
Yeah! And your hair looks greasy today!
Domino on September 29, 2008 at 3:16 PM
Distributism? I just recently heard of it when looking into G.K. Chesterton, who claimed to be a Distributionist. Chesterton was pretty sharp, maybe it’s worth considering.
zmdavid on September 29, 2008 at 3:16 PM
OCD Nancy Pelosi is an Obessive Compulsive I am convinced this WOMAN cannot control herself. This was the Democrats who are responsible for this Crisis they were the ones Blocking Regulation of Fannie Mae and Freddie Mac. They got some kind of nerve they know this was their mess. There Experiment with Social Engineering and Giving people who can’t afford house loans. Then Foreclosing on those same poor people oh but their banking buddies made their millions. And they contributed to their Campaign Coffers. What about Chris Dodds sweetheart loan deal. How about Jim Johnson and Franklin Raines? Huh Nancy, what about them. The real reason we are in the Financial Shape we are in. NOTE to Nancy Pelosi the American Electorate has not been dumbed down this far. I know you did your best to keep a lot of people in failed school system but still even they know what you all did. Barney Franks,Chris Dodd, Maxine Waters if you all had any decency you would RESIGN.
Dr Evil on September 29, 2008 at 3:16 PM
Pelosi on the press conference right now saying Democrats “more than held up their end of the bargain.” If that were true, then they’d have their damn bill right now. As it was, 94 Dems didn’t think enough of Pelosi’s “bargain” to vote for it.
Pelosi is a a disgrace, as is everybody else on that podium right now: Hoyer, Frank, Immanuel and the rest. A room-sized tactical nuke strike would actually go a long way toward solving our problems right now.
greggriffith on September 29, 2008 at 3:16 PM
Pelosi could not even speak for herself…..Way to go Barney….set the womens voice back into the stone ages
Rovin on September 29, 2008 at 3:16 PM
My man McCotter was against this monstrosity!
lodge on September 29, 2008 at 3:16 PM
While listening to Rush on the way home a few minutes ago, I had a rather bizarre thought…you don’t suppose the Democrats engineered this whole failed vote for just this reason…the plastering on of “blame the Republicans” rhetoric, complete with clever retorts and righteous indignation, in order to advance their real agenda?
uncivilized on September 29, 2008 at 3:16 PM
94 Dems voted no and 132 Repubs. How is this then a “partisan” issue?
Jaibones on September 29, 2008 at 3:17 PM
I was in a hurry because I had to throw up! Sorry.
Pelosi, Frank, now Rahm Emanuel. Who are these people?
BuckeyeSam on September 29, 2008 at 3:18 PM
Damn.
DJIA down 6oo+
BallisticBob on September 29, 2008 at 3:18 PM
We are being told that we are doomed if we don’t get this bailout and we are told by most experts that there is no certainty that it will work even with the tax-payer infusion…..my,my my, what a pickle!
Well, my vote is pass the bailout even though government and corporate irresponsibility has cost millions of Americans dearly. But the most important thing I want to see happen is a taxpayer backlash/revolt the likes of which has never been seen! We do need to see Pelosi’s Frank’s Reid’s head on a stick (figuratively). many in Congress need to lose their jobs….impeachment on a grand scale including any Republican involved. Bail out the institutions but sack the personnel and leave the major players penniless…teach them all a lesson!
Please, let’s not ALLOW this to happen again. Hopefully the American electorate will wake up…myself included.
Goodeye_Closed on September 29, 2008 at 3:18 PM
Well, I guess ninety-four democrats were petty too….about Nan’s speech.
2/3 of the dumocrats…you didn’t get them all….TOO BAD FOR YOU, now, can we now try to REALLY help the American people and create a REAL solution to the problem.
Nan, please go wash your face, the Botox is seeping.
Barney, eat it.
HornetSting on September 29, 2008 at 3:18 PM
Based on the Dem presser, it’s hard to argue against that.
140 + 90 = 230.
Even if the GOP is evil, the bill still should have passed.
yo on September 29, 2008 at 3:19 PM
Yeah, I am still trying to get my head around the fact that Clinton had these great surpluses, yet our national debt increased every year. I must not be very good at budgeting.
Vashta.Nerada on September 29, 2008 at 3:19 PM
Hey, my retarded Dem Representative Jesse “Kung Fu” Jackson voted against this turd. Must be because of the ACORN bitch-slapping he got. Douche.
Jaibones on September 29, 2008 at 3:19 PM
I saw him on C-SPAN on Saturday night; he was outstanding. Too bad he was speaking to an empty chamber. Now, he’s a real American.
BuckeyeSam on September 29, 2008 at 3:19 PM
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