WASHINGTON (CNN) - Rep. John Boehner, the Republican leader in the House of Representatives, says the chamber will not vote again Monday on a $700 billion plan to bailout the financial services sector, after it was dramatically defeated on the floor.
Watch: 'It's not Wall Street's fault'
This day has mad it simpler for me to vote this year. I'm going to vote out all the incumbents!
Get rid of the Wicked Witch of the House, Nancy Pelosi.
She has led the biggest do-nothing Congress in our Nation's history.
This Congress has faced no other different challenges than any other Congress before it, the only difference is HER.
All she is good for is pointing the finger of blame and making up stories about what the Catholic Church has always taught.
Get red of Harry Reid too. Nothing more than a manipulator.
Start the investigation on Barney Frank right now!
They should not vote again ever on it. The only hope this country has is to live within our means. Today is a good day to start.
Its a blessing that the bailout plan failed.
The root cause of the financial crisis is.......
And until proper measures are put into place to protect the average American and everyone else in this world......
greed will continue to spiral out of control and.....
the financial crisis will only worse.
Deregulation is the root cause......it must be addressed!!
But I thought McCain already took care of the House Repubs. Wasn't that the whole reason for him running to Capital Hill? He was supposed to save us by bringing the House Repubs onboard? Another failure by the McCain camp. Can't wait to see how they spin this one.
YAY, there goes all my investments and savings! Thank you repubs!
Bush broke everything, in less than 8 years, in his spare time between biking and playing lumberjack on his 'ranch'. An unnecessary war, failed diplomacy, loss of respect for the US internationally, health care here and education and the environment and the deficit – and now this Wall Street – everything broken on his watch, with his leadership. Not a small accomplishment. If this isn't enough for a real change in leadership (Obama/Biden), I don't know what is. If we don't change, then we are the problem too.
people are quick to blame republicans however ove 90 dems voted no. just an fyi
This is hilarious this was a bill brought to the floor by Bush and republicans and now its the democrats fault. You rednecks need to all be lead into a boiling hot volcano man!
Hmmm...let's all see what happens, folks before we start panicking.
What is happening? Obviously several house members would rather see world depression so that they can get re-elected than vote for recovery of the economy. Teach. Teach your people that a failure of the credit system affects them all. Their jobs are in jeprody. Certainly Nancy needs to curb her tongue. She could not help herself. But here is the point. Companies have stopped their retirement programs. 401 and 403 programs have been the substitute. IRA's are in trouble. Jobs are in trouble. This congress needs to be fired.
How come Obama and Pelosi could get 20 more Democrats to vote for the bill?That is the question of the day,not how come Bush and McCain couldn't get 20 more Republicans to vote for the bill.
'Man up' people, this "Nancy hurt our feelings" stuff is not a good enough reason to pull down the economy of our great country. You have been asked to serve this country and you now need to do the best thing for all Americans. This is no time for ego or even party, this is a serious time. We don't need excuses, we don't have time to hold your hands or wipe your eyes, you've got to 'man up' now! We voted for you, we need your votes, get the job done!
One man, one vote!
Wait a minute, I thought McCain came to the rescue and fixed everything. Didn't the Maverick help things out?
The bailout plan would have been too little too late...and just a bandage.
I agree..it had more loop holes in it that did not protect the small businesses and main street. Why was this bailout not looked over, the tax payers should have had more protection than letting power to the treasurer take the call. I feel that the decision was correct, we are not runned by the govern't 100% of the time. Are we?
I did not like the draft either, to much read between the lines.
Question....can a maverick be a leader while being a maverick......
I'm just a student, and I'm not trying to make any political statements. I'm just asking.
Is it because of McCain's Interference that the bill failed?
And are we headed for a great depression?
Come on Johnny B, don't be co cranky and fussy. Take a nap and some meta mucil. Then sit down and talk about this some more...
Good thing I am a canadian! Good luck!
The DEMS FAILED this bill on purpose! First they pressured and Forced the Republicans to propose the bailout (an extremely left wing thing to do, socializing losses) and then the DEMS failed the bill on purpose just to make the Republicans look bad. This is ridiculous.
Even if you aren't voting McCain, for your sake, do something about this Congress and vote in some Republicans so we can get them out of this greatest disapproval rating of all time slump.
This Bailout was needed + it had consumer protection, Oversight & penalties for CEO's ........ Sept 29th 2008 .. the end of Capitalism
THIS ISN'T A DEMOCRAT THING..
THIS ISN'T A REPUBLICAN THING...
THIS IS A LIFE THING!!!
Democrats have been the majority for both House and Senate for 2 years. You certainly can't blame the minority for the failure of bailout bill. The initial negotiation didn't even include the House minority leader. How would anybody expect this would be a bipartisan bill. It's a fact that this congress is the least accomplished one in American history, just like Bush is the least popular President.
This is CRAZY POLITICS. NO MORE REPUBLICANS!