The bailout was always about politics.
I see people wondering why the Dems didn't just pass this alone
1) this is a toxic bill NO ONE wants it to pass, anyone who votes for it is pissing off their consituents but this is one of those rare moments where an unpopular bill was probably need.
2) No side wants to give the other the advantage.
if the dems pass it alone, tomorrow we have 218 endangered democrats while the GOP runs against us as tax and spend, which would hurt ALL democrats, that was the point and thats what the Republicans wanted.
We all know SOMETHING had to be done, but the hell it will be done at the expense of the democratic movement.
the GOP wanted us to pass this alone so they could run against us and take back control, I am glad we called their bluff, because they got us into this mess, the public blames them, and now the public will see that 67% of House GOP voted against a bill and then sent the Dow crashing.
and if the choice was passing this crappy bill that would have to be reworked in a year anyways but giving the GOP something to use to regain control.
and a meltdown.
then I vote Meltdown and I vote it gladly while looking at EVERY "fiscal conservative" out there and saying thanks alot
the hell they create a mess and make us fix it so they can use it against us, because thats what they wanted. and I say let the chips fall where they may then, and I will remind everyone where ever I go.
THIS is what you get when Republicans control the White House and Congress.
and Democrats tried to give them an out, we said we will split the responsibility for this, 50/50 BOTH democrats and republicans would unite and pass it so no side could hold the vote against the other.
and what did the GOP try and do?
get us to pass it alone so they could hold it against us.
screw that and screw them for trying.
the dow is now down 630 pts, thanks GOP.