Video: House GOP blames Pelosi’s “partisan” speech for bailout failure
posted at 3:21 pm on September 29, 2008 by Allahpundit
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Ace and Slublog already beat me to the punch. There are, conceivably, good reasons to vote against a bailout in a national emergency — if you think it’ll do more economic harm than good, if you think it accrues too much unchecked power to the executive — but being honked off at Nancy is not one of them.
The Dow’s back down to -630 and creeping ever lower as I write this. You know who the big loser is here? Hint: It ain’t Barack Obama.
Update: No revote today, says Boehner. -662 and counting.
Update: -730 as of 3:30 p.m. Looks like people are rushing to dump shares before the end of the trading day.
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Yes, yes, I know. Everything hurts McCain and helps Obama. We get it.
Hey, they’ll get a better bill passed in a few days. Take a breath and get your panties out of your arse.
Oh, and by the way, 1/3 of the Dims voted this thing down too.
Sugar Land on September 29, 2008 at 3:23 PM
They’re just covering their ass. After all, they were for the bailout bill.
Godzilla on September 29, 2008 at 3:24 PM
I saw that stupid speech. It was literally Pelosi putting a chip on her shoulder and daring some Republican to knock it off. My only regret is that when they did, they didn’t knock her head off her shoulders in the process!
pilamaye on September 29, 2008 at 3:24 PM
No deal because a girl yelled at them?
Akzed on September 29, 2008 at 3:24 PM
So Republicans are saying it’s the Democratic leader’s partisan speech that caused Republicans to be partisan.
We need to get rid of the parties period. This was a bad idea, it is still a bad idea. If the stock market drops to 5000, that’s that and we’ll move forward from there.
ThackerAgency on September 29, 2008 at 3:25 PM
Yes this hurts McCain but most Amercians are against this so I’m happy that they didn’t pass it.McCain can still win this if they can work out a new deal that people aren’t so dead set against,long live The FREE AMERCIA not the one the Dem.s want to give us.
tee866 on September 29, 2008 at 3:25 PM
I don’t know, Barack Obama supported the bill and the Democrats control Congress. Why isn’t Obama’s support enough cover for Democrats to pass this? Shouldn’t he have pushed some of those guys. Yes he’s a Senator, but here was an opportunity for him to show leadership. He failed.
rbj on September 29, 2008 at 3:25 PM
The GOP needs to stop blaming Pelosi and start blaming themselves. They can also kiss the election goodbye. How can they have been so very, very stupid.
jeanie on September 29, 2008 at 3:25 PM
What would Kimbo do?
Akzed on September 29, 2008 at 3:25 PM
I don’t think the market will crash. We did the right thing. I think God will protect our nation.
fossten on September 29, 2008 at 3:25 PM
Sometimes you lose when you go to the casinos.
fogw on September 29, 2008 at 3:26 PM
I was watching on CNBC and when she started that rant the announcers were all remarking how it was incredible that she was throwing it the Republicans’ faces when she was trying to scrape up enough votes. She needs to be removed from that position.
flyoverland on September 29, 2008 at 3:26 PM
So true, and McCain and Palin really need to become attack dogs and get in the finger pointing game here, and blast the Democrats for getting us in this situation in the first place. We’ve seen what the whole “staying out of the mud” strategy has done for Bush over the years (i.e. not responding to Dems who say he lied on WMDs, by coming out each time and blasting them and calling them liars, because they spent the previous 13 years making the same WMD arguments, etc.). Perception is reality, and when the media is in the corner of the opposition, the only thing you can do is be an attack dog, hit back, etc. because that is the only way the country will hear you.
RightWinged on September 29, 2008 at 3:26 PM
What many are missing is that quite a few of the 95 Dems who voted against this thing did so because they were likely irritated at the fact ACORN funding was removed. Pelosi is going to work overtime to get those folks back on board, and ACORN is likely to be the winner.
As we speak, the market is about 500 points down as a result of this bill’s failure. There’s now nothing stopping Pelosi from inserting the ACORN funding back in to get her caucus in line, putting the bill to a vote and stabilizing the market free-fall as a result of the bill’s passage.
Narrative: GOP whined about speech and held their votes, markets tanked. Democrats passed bill, markets recovered.
Goodbye election.
Slublog on September 29, 2008 at 3:26 PM
I think we need a serious “JUST SAY NO TO INCUMBENTS” movement in this country. Followed by TERM LIMITS W/O EXCEPTIONS!
Across the board, I don’t give a Sh*# who they are or what they have done. The political ruling class IS THE PROBLEM as they so often demonstrate with seeming impunity.
America1st on September 29, 2008 at 3:26 PM
With tonedeaf moves like this, Sarah Palin is the least of our worries. In fact, she may be all we have going for us currently.
The Race Card on September 29, 2008 at 3:27 PM
Sometimes you lose when you go to the casinos.
fogw on September 29, 2008 at 3:27 PM
“We think there are principled reasons to stand against this bill”
vs.
“Nancy Pelosi was mean and my feelings are hurt”
e-pirate on September 29, 2008 at 3:27 PM
Boehner, just hand the baton over to McCotter please, you colossal idiot. Republicans voted against it because of principles. (or atleast, I hope so, because the Pelosi pissed us off reason won’t wash)
lodge on September 29, 2008 at 3:27 PM
Pelosi could have just as easily gotten up there and praised the unusual bi-partisan coming together that the events of the last few days has done.
Instead, she most likely took her marching orders on what to say from the DKos Crowd and Darth Soros, went out there on the floor, poured about 20 gallons of gasoline on it and then lit a match and dropped it.
pilamaye on September 29, 2008 at 3:27 PM
Absolutely tone-deaf justification for the NO votes. Whatever the public thinks about this particular bailout package, it is eager to point the finger at Bush, and by extension Republicans, over the state of the economy right now. For that reason, Pelosi and the Democrats will not get too much grief over a few partisan speeches, and the Repubicans will end up looking like whiners.
Big S on September 29, 2008 at 3:27 PM
Elvis may have just left the building, tripping over the fat lady singing as he walked out.
Guster1 on September 29, 2008 at 3:27 PM
Surprising that the conservative GOP House members weren’t there for McCain seeing how he has always been such a supporter of theirs.
Kasper Hauser on September 29, 2008 at 3:28 PM
Campaign Spot:
Topsecretk9 on September 29, 2008 at 3:28 PM
That speech tells me she thought she had enough votes in her own party. That’s what she gets for thinkin’.
Oink on September 29, 2008 at 3:28 PM
I’m going to turn Def Leppard’s Armageddon up on my IPod for the rest of the day. That should be the theme song for this cluster-fark, right?
Hey, the biggest problem is that WE DON’T TRUST ANY OF THESE GUYS anymore. They tell us “crisis” and we just don’t believe it. And we’re supposed to be grateful that they want to put a bigger screwing on us to “fix” the “crisis” they created. You know what, maybe a few days of despair is what the doctor ordered.
Sugar Land on September 29, 2008 at 3:29 PM
Hey, better to put on that chicken suit for Nancy, give her the bill she wants and take the blame, to boot.
Do it for the narrative, folks.
spmat on September 29, 2008 at 3:29 PM
How can you blame this on the Republicans?
They didnt need Republican support to pass this piece of crap!!!!
If anything the Republicans need to stand up and get a spine and lay the blame where blame is due!
HoosierCon on September 29, 2008 at 3:29 PM
The DOW is now down over 700.
A lot of people are losing a lot of money.
But that is not nearly as serious as Boehner’s feelings being hurt.
e-pirate on September 29, 2008 at 3:29 PM
Pelosi is no statesman, she is just a kooky hag.
TheSitRep on September 29, 2008 at 3:29 PM
Yeah, but there is principled opposition to this bill from the left, too. Many socialists do not view the attempted rescue of capitalist infrastructure as a step towards socialism, no matter what the means of the rescue might be.
Big S on September 29, 2008 at 3:30 PM
Angling for a job with the MSM?
DerKrieger on September 29, 2008 at 3:30 PM
They need to blame the Dems for causing the mess in the first damn place.
Iblis on September 29, 2008 at 3:30 PM
Pelosi couldn’t even get her own party to support this bill. It needs work. Go back and make it better. I am sick of Pelosi’s politics especially considering the part Barney Frank played in this crisis.
katieanne on September 29, 2008 at 3:30 PM
Where did my post go?
fogw on September 29, 2008 at 3:30 PM
Oh, yes the sky is falling.
My house is still worth 3 times what I owe on it. I still have a job that pays the bills. The uniform service isn’t asking for the hangers back. Gas is down another 4 cents.
What will I do?
davidk on September 29, 2008 at 3:30 PM
Worst – House Speaker – Ever.
This woman is the poster girl for do-nothing, know-nothing, partisan corruption and for failure.
Anyone who thinks it’s a good idea for the House to stay under what’s laughingly referred to as Nancy girl’s “leadership” is a complete idiot.
And the same media who piles on Sarah Palin, thinks the rotten, festering, stinking douchebag, dumb as a rock Pelosi, is just peachy.
Unbelievable.
Unbelie
NoDonkey on September 29, 2008 at 3:30 PM
Ditto.
She didn’t attack Republicans – she attacked Americans.
I question Pelosi’s patriotism.
They were way too happy with the deal. Now they’re way pissed. I’m trying to figure out what’s wrong with that.
Editor on September 29, 2008 at 3:30 PM
In my mind this is a good thing, Slublog. McCain is a horrible GOP candidate and if this is the way he’s prevented from assuming the oval office then so be it. Give me four years of Obama in order to get eight years of Thompson.
HebrewToYou on September 29, 2008 at 3:31 PM
Topsecretk9 on September 29, 2008 at 3:28 PM
I’m John McCain and I approve this message,get it on the air.
tee866 on September 29, 2008 at 3:31 PM
Wouldn’t it be hysterical if she started kicking butt and naming names @ the debate?
Oh, and she needs to refer to him as Senator Biden so he should at least seem obvious that he call her GOVERNOR Palin.
Oink on September 29, 2008 at 3:31 PM
Nancy Pelosi couldn’t get her majority in line. Isn’t that her job? Tossing off partisan, nasty rhetoric just before a major vote is just par for bitter Nancy, icing on the cake. She is a moron. It was a stinkoid bill. Why should the minority be on the hook to make it pass? All Pelosi needed was a few more Democrats….that’s her job. We all got to see Nancy’s partisan bickering up close and personal.
marybel on September 29, 2008 at 3:31 PM
Sometimes you lose at the casinos.
fogw on September 29, 2008 at 3:31 PM
When does Uncle Sam step in and close the market? 9,000? 8,000? 5,000?
Akzed on September 29, 2008 at 3:31 PM
some GOP congressman got their feelings hurt … they probably need to find a new line of work if they don’t like the game of politics … both parties own their decisions now.
Monkei on September 29, 2008 at 3:31 PM
McCain is effed big time but I’m not terribly disappointed. I would hold my fire on blaming the vote on Nancy. This is just a way for the GOP leadership who supported the bill to slap those who wavered or changed their mind after hearing from the voters back home.
I would rather deal with a President Obama then have our Government buy bad properties that were a result of greedy Wall Street d-bags who pushed loans they knew would fail just so they could hit sales targets.
grdred944 on September 29, 2008 at 3:31 PM
Why isn’t it a good reason? With the tone that Pelosi gave, it basically turned it into a referendum on Bush and Bush’s economic policy. She basically threw down the gauntlet, saying, “F8ck bi-partisanship! Bush f*cked the country economically! A vote for this bill is a vote against that dirty f*cker, George W. Bush.” and expected Republicans to all jump in line.
Pelosi says, “Put your nose up the Democratic Party’s ass”, and expects the House Republicans to say, “How far?”
As the Speaker, she should have known better.
Abby Adams on September 29, 2008 at 3:32 PM
Yeah but the smart and patient will make a mint.
TheSitRep on September 29, 2008 at 3:32 PM
Topsecretk9 on September 29, 2008 at 3:32 PM
I’m glad it failed. The market will go down a little but it won’t tank. The sky won’t fall. We’ll get a better bill out of it. And Nancy Pelosi will learn that she can’t expect republican support if she’s going to screach out this bile about them being at fault and not patriotic and whatnot. If she wants Republican support she can grow up, act like an adult, and ask nicely for it. If not, she has no reason to expect anyone to play ball with her.
t.ferg on September 29, 2008 at 3:33 PM
And if not, she needs to remind him that “it’s Governor Palin, Chia Pet.”
davidk on September 29, 2008 at 3:34 PM
I’m sure that this will arrive on America’s desk unfiltered by the MSM.
Akzed on September 29, 2008 at 3:34 PM
A little!!! So minus 700 points is just a little. Wow!
terryannonline on September 29, 2008 at 3:34 PM
Oh please! The B!*<H arrogantly throws the blame for her party’s BS onto them and they’re supposed to make her look like some great savior?
Besides, this economic crisis is reminding the entire world what happens to them if something bad happens to America. Maybe if this crisis gets serious enough Pelosi’s superiors in China will order her to give some ground.
Browncoatone on September 29, 2008 at 3:34 PM
Yup. But apparently, we should be out there kissing her ass anyway. At least that’s what it sounds like.
capitalist piglet on September 29, 2008 at 3:34 PM
NANCY PELOSI, the WORST SPEAKER EVAH?
originalpechanga on September 29, 2008 at 3:34 PM
All this talk about how this is going to tank the election for McCain and it’s all over and boo freaking hoo is bull.
Pull it together people. A bad bill was just defeated in the House of Representatives. McCain now has the opportunity to ride back into town and propose a new bill that is better and that Republicans can get behind.
t.ferg on September 29, 2008 at 3:35 PM
Dude, somebody is MAKING a lot of money today down 700 too.
Lots of the initial push downward were covering long positions they had in anticipation for the rise from the infusion of cash. You can make money going up and down. I want my retirement fund to get cheap so I can buy a lot with CASH.
Wait, Sandra Smith is on TV
ThackerAgency on September 29, 2008 at 3:35 PM
Think of it this way folks…
You are a Repub in the House, and your leaders are telling you to vote for somthing you realllllyyyy don’t like… and to do it so the Party looks good, bipartisan and all that.
Then, the Dems start to blame YOU and your party…
So, the bipartisanship arguement goes out the window… and you vote your principals.
Romeo13 on September 29, 2008 at 3:35 PM
Never, if Uncle Sam wants to maintain a free market economy.
spmat on September 29, 2008 at 3:35 PM
The dem’s have caused this – ALL OF IT. From the CRA’s to the disaster of letting Bambi lead the meeting Thursday night, to Nancy calling the GOP “unpatriotic” to Nancy blaming them again today.
If she would have just STFU it might have passed.
JustTruth101 on September 29, 2008 at 3:35 PM
Sorry, Big A. I’m with the repubs on this one. Every frackin’ time Pelosi has had a chance to demonstrate some statesmanship over the past week, she’s demonstrated partisanship instead.
flipflop on September 29, 2008 at 3:36 PM
McCain, where you at? That statement is lame…c’mon, get out there and pick up the pieces and LEAD.
changer1701 on September 29, 2008 at 3:36 PM
I’m just glad that the Repubs finally showed some stones.
Now, get back to the table and get us a REAL SOLUTION.
HornetSting on September 29, 2008 at 3:36 PM
Why? They just saved our economy from being run by a former Goldman Sachs exec, in Paulson and handing over our economy to the US Treasury Security unchecked.
TheHat on September 29, 2008 at 3:36 PM
How much do you know about Obama and his background? I wouldn’t be surprised if we didn’t have another chance, frankly. This could be it.
capitalist piglet on September 29, 2008 at 3:37 PM
AP blaming Republicans first. Shocker.
When NOBODY wanted to vote for this thing, and she needed some GOP votes, why would she do that? Ask yourself that…..why?
She can’t help herself, and is simply a partisan hack.
Thank goodness the less economically-illiterate in the GOP caucus were savvy enough to know a bum steer when they see one.
Work-out, not bail out.
Martin on September 29, 2008 at 3:37 PM
Like what?
terryannonline on September 29, 2008 at 3:37 PM
141-94
Wonder why those 94 Democrats did not like her speech either?
It was not the speech. It was bad leadership that the parties sold the deal to the media, but forgot to check the opinions of their members.
Duh….
percysunshine on September 29, 2008 at 3:37 PM
The House might have to wait until Thursday to try a re-vote, after Rosh Hashanah. But not THAT many Representatives are Jewish–most of them will probably stay in town. It’s time for Boehner & Co. to stop blaming whomever, find out who voted against it and ask them why. If it’s because of ACORN, too bad, but otherwise, what can be done to change their mind?
Steve Z on September 29, 2008 at 3:38 PM
so, let me get this straight, Pelosi rails against Bush (what’s new there) and the GOP decides to NOT vote THEIR president’s wishes?
So, if she praised Bush for his incredible presidency and stewart of the economy the GOP would have gotten back in step with their leader?
Something stinks!
Monkei on September 29, 2008 at 3:38 PM
Exactly!
capitalist piglet on September 29, 2008 at 3:38 PM
Still up over 10k?
What are you friggin babies crying about?
VolMagic on September 29, 2008 at 3:38 PM
You know who is not happy today, in a broad sense? Nancy Pelosi, Barney Frank, President Bush, Henry Paulson, and the media.
What does that tell you?
BigD on September 29, 2008 at 3:38 PM
Chicken Little.
HebrewToYou on September 29, 2008 at 3:38 PM
I’ve got a lot in stock market and will lose much today. But I’d rather work in my reitirement years in peace and freedom than live in a socialist hell hole.
I don’t know why I keep reading Allahpundit’s posts. He’s like a mouth sore that you just can’t stop poking with your tongue. Does it hurt? Yep. How about now? Yep.
bonnie_ on September 29, 2008 at 3:39 PM
more doom and gloom for HA what a surprise
spypeach on September 29, 2008 at 3:39 PM
Yes there is – the November elections. I say, Nancy, please put ACORN back in the bill and ram it through with democrat votes. Please – I’m begging you. Then I can wave bye-bye to you next January.
Vashta.Nerada on September 29, 2008 at 3:39 PM
That’s what I’m thinking.
I’m far from being a market genius, but, I’m thinking now is a good time for my IRA contribution.
JadeNYU on September 29, 2008 at 3:40 PM
All of you here who are attacking this bill and urging its defeat on the merits are off-base. Does the bill suck? Yes. But something had to be done: EVERYONE from the Heritage Foundation to Warren Buffett to both the Republican and Democrat leadership has said that something must be done urgently in order to stave off a huge recession.
Would a plan that involved freezing or temporarily eliminating the capital gains tax and eliminating the Community Reinvestment Act worked better? Probably — but there’s no way that would pass because the GOP has totally failed to educate the public about the CRA and Fannie/Freddie’s role in this debacle. Any talk about doing that now would be demagogued to death almost instantaneously.
So instead, the House GOP — with McCain’s blessing and assistance — worked off the Paulsen plan and fought to dial back the socialist excesses of it by switching from a buyout of bad loans to a loan, by reducing the amount of money Paulsen et al. get to play with, and by removing the ACORN gimmies and so forth. Those were significant improvements that made the plan bad, rather than plain unacceptable.
Bottom line: the time was up. McCain came out and PUBLICLY SUPPORTED THE BAILOUT. The House leadership (who McCain fought for) came out and supported the bill. Welcome to politics – you don’t always get bills passed with your ideology in them.
The House GOP vote has basically ended McCain’s candidacy, in my opinion. This is unbelievably irresponsnible and I cannot tell you how angry I am at the GOP for this.
Outlander on September 29, 2008 at 3:40 PM
Not an answer to my question, but I’m not surprised.
capitalist piglet on September 29, 2008 at 3:41 PM
Because she thought it was a done deal and it was the perfect opportunity to stick it to the Republicans and let them take the fall for the whole mess. Just some advice Nancy: If you really need somebody’s vote, don’t start spewing a pack of lies about them to the whole planet just before handing them a ballot.
Browncoatone on September 29, 2008 at 3:41 PM
We’ve got a bunch of nuts running the Dem party…Party before country never works..thank you San Fran Nan for your stupidity and arrogance. You, Barney, Dodd are the reason for this pain. Why did so many Dems vote nay???
d1carter on September 29, 2008 at 3:41 PM
Why would Pelosi bring it to a vote and let it fail?
Didn’t she do a head count before the vote to see that it would fail? 40% of the Democrats were against it. She didn’t know that? She couldn’t get more of the Dems to vote with her?
Where was Obama to rally the Democrats?
The whole thing smells bad.
albill on September 29, 2008 at 3:41 PM
thank god John McCain suspended his campaign … heck who knows, without his bumbling interference, this thing might have passed. He succeeded by being a screw up!
Monkei on September 29, 2008 at 3:41 PM
Oh, yes the sky is falling.
My
AMEN. ALL you Rep. Hacks who sell out your country. Yes, we are in a down time, but OMG its not the end of the world. Grow up!
Mercy4Me on September 29, 2008 at 3:42 PM
I thought Rosh Hashana was Sunday and today.
Am I wrong? Or is this one of those….Holiday/Holiday Observed kinds of things?
JadeNYU on September 29, 2008 at 3:42 PM
Actually, I think she needs to stay there and be even more humiliated in November. If she leaves the position and something gets done… then the Democrats will take the credit for it.
Stay right there Pelosi, you’re doing just fine!!
Mcguyver on September 29, 2008 at 3:42 PM
With apologies to AP, that made me totally bust out laughing. And I needed to. Thank you.
capitalist piglet on September 29, 2008 at 3:42 PM
And yet this is on Drudge… London markets crash as dollar records biggest gain in 15 years…So I think we’re doing ok.
Plus gas is down under 97$.
tee866 on September 29, 2008 at 3:42 PM
Don’t blame the GOP – the Dem’s are in the majority. They can pass it WITHOUT the GOP if the deal is so d*mn good.
JustTruth101 on September 29, 2008 at 3:43 PM
I am losing money now, and I understand that. In for the long, long haul.
Some posters on here sound exactly like the irresponsible individuals who took out mortgages they could not afford. Last time I checked the stock market was not a given. So some of you feel the government should indirectly bail out your investments, yet should not bail out others?
ClassicCon on September 29, 2008 at 3:43 PM
Check your Jewish calendar which may affect what gets done in the near future. Not sure – just sayin…
Mr_Magoo on September 29, 2008 at 3:43 PM
Any story like this and the anti-Mac people come crawling out with their righteous indignation.
The bill lost. Good thing.
Those who think that an Osamabamabiden administration would be a good thing/would teach us/them a lesson is beyond ignorant.
It hasn’t been that long ago that a 4000 point DOW was unimaginable. And what did it peak at?
If I bought something at two dollars and it gained four dollars and then lost two dollars, uh, get a clue.
davidk on September 29, 2008 at 3:43 PM
The day’s not done. It can go down and it can go back up. Over time it will trend back up.
t.ferg on September 29, 2008 at 3:43 PM
If the bill passes as I described above and the market stabilizes, no one but political geeks will care about ACORN funding. They’ll just be relieved their 401ks aren’t hemorrhaging value.
Slublog on September 29, 2008 at 3:43 PM
Frankly, I think this reflects most poorly on Pelosi, and the group of Democrat nincompoops that got us into this mess in the first place.
Mutnodjmet on September 29, 2008 at 3:43 PM
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