Monday, September 29, 2008

Bailout Fails

In case you haven't been following it with baited breath, the $700 billion bailout vote failed in the House today 228 to 205, despite last minute arm twisting by the White House. About 2/3 of Republicans and 40% of Democrats voted against it. House Minority Leader John Boehner blamed the failure on a speech by Speaker Nancy Pelosi, saying it was so partisan that it"poisoned our conference, casuing a number of memebers we thought we could get to go south". Talk about blowing smoke. Most House memebers wanted the thing to pass, so it looked like they were doing something but didn't want to vote for it, since the American public is so opposed to the bailout.

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