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Well, good I think. It was a horrible proposal that was only made a little better by the Dem amendments, but even those seemed to be weakened quite a bit over the weekend (or maybe just when the details became more widely known).
This is a classic collective action/free rider problem. Everybody wants the benefit of the bailout (no financial system collapse) but nobody wants to be seen voting for it. Really annoying. Suck it up and if it costs you your House seat then so be it - you helped save the nation's economy.
Unbelievable! The irony..f'in republicans are hoping this is their line in the sand that they can point to that they stood up...except if this fails, economy is going to be so horrible, it will back fire and everyone will point to the republicans for being the partisan obstructionists.
Well, one Republican just changed his vote. I guess there are a lot of deals trying to be struck right now in order to try to flip a handful of those that voted nay.
WTF, they need to flip a few more votes to get this thing passed. Looks like a lot of the Dems are voting no.
Geez, go back to the country club and sit at the feet of the Masters of the Universe. This was a horrible proposal and the amendments didn't do much to change it. I'm not against doing something, and I could have held my nose and grudgingly accepted this under the guise that it was the best possible thing that could have been done now, but I cannot get over the fact that Bush and especially Cheney were pushing this hard and those two would have been able to disperse at least $350,000,000,0000 over the next 4 months. Screw them. I can't get over the fact that this would have bailed out a bunch of bad actors who put their own greed over the health of the country. Screw them. I can't get over the fact that nobody is really sure if this will even work. And I can't get over that the Republicans were going to vote against trying to fix it and then run against Dems (for acting somewhat responsible) when they bear the vast majority of the blame for the problem. Screw them. Now the Republicans own it lock, stock and barrel. If things are really as dire as Paulie and Bernie say, it should destroy the current iteration of conservative Republicanism we've lived with and that has wrecked this country for the past 30 years. I'm willing to pay a lot for that.
You'll lose the current stock of Republicans, but you'll also see an economy that will be in utter shambles. The reality is the Republicans are going to be out of power regardless of this bill b/c the economy is definitely going to have a bad recession. Being glad this failed because it screws over the Republicans is saying its worth having a civil war because it wipes out another party.
