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[personal profile] merchimerch
Oh wow - the bailout bill failed and the DOW is plunging.

Even more shocking, although the Democrats largely supported it and Republicans largely didn't, I was shocked that only 60% of Democrats voted for the bill. I don't think I understand the nuances of the bill, but it did seem as though there were more safeguards for taxpayers than I expected. Perhaps this is why the Republicans pulled support?

CNN says that there may be another vote soon, but wow, just wow.

Date: 2008-09-30 01:39 am (UTC)
From: [identity profile] kethryvis.livejournal.com
They were looking for an excuse so they could blame the defeat on the Democrats.

Seriously! One Democratic representative (I forget who, bad me) said "They voted no because they got their feelings hurt?!" Which is pretty much what it is.

Yes the statement was not appropriate and I question her judgment in making that statement today in this period. But you don't let that get in the way of how you feel because your job is to your constituents back home if you really care about bipartisanship. Total cop-out.

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