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'
Republicans are SINKING THIS COUNTRY!
We are really about to see some trickle down economics!
AS AN ADDED NOTE, LET'S GET RID OF ALL INCUMBENTS! THEY'VE BEEN IN POLITICS SO LONG THEY'VE FORGOTTEN WHAT IT'S LIKE TO TRY TO LIVE ON A DAILY BASIS WITHOUT MILLIONS IN THEIR POCKETS. THERE SHOULD BE A TERM LIMIT ON THE HOUSE AND THE SENATE JUST LIKE THERE IS FOR THE PRESIDENCY!
As a Canadian, I truly feel for all Americans and my prayers are with you as your Government leaves you hanging on the brink of a National Disaster!
What in the Name of God is going on with the Republican Party! And they are not going to vote again???? After spending all this time, after Bush telling the Public how pleased he was with the work Dems and Republicans did for the Bail Out! Are they all insane? Or was this just another Republican Campaign Ploy? Some of the party's members oiling the wheels of the McCain Campaign? The only reason I can muster! This is outrageous! God Help America!
If history is any guide, the Republicans will vote ONLY for a proposal that gives further tax breaks and "incentives" to the ultra-wealthy as they cling to the lie of "trickle down economics" begun by the man who triggered the decline of America....Ronald Reagan. Time for trickle UP economics unless you want a full scale tax revolt on your hands, or millions of us in the streets with work stoppages since MONEY and power is all you care about! Would 50 million of us NOT filing our tax returns get your attention?
Lets see... Bush tried to get a draconian plan through in 2 days. Now there is a compromise bill. The original was far riskier and had no controls on anything. And yet... this time the democrats are the ones ramming the bill down people's throats? Those that think so need to go back to the beginning and see what Bush tried to ram down the throat of both parties.
In the end we are all going to pay for this one way or another. Things are not going to magically fix themselves far far away while the rest of us dont worry about it.
Bush & McCain cannot even lobby their own party.
What a joke.
Guess McCain will use this as an excuse to keep Palin from debating this week.
FORTY PERCENT OF DEMOCRATS VOTED AGAINST THIS BILL. TWO-THIRDS OF THE REPUBLICANS VOTED AGAINST THIS BILL.
YOU BOTS NEED TO GET YOUR FACTS STRAIGHT. THIS IS A PROBLEM WITH OUR GOVERNMENT AS A WHOLE.
IT'S TIME TO HOLD BOTH DEMOCRAT AND REPUBLICANS RESPONSIBLE.
IT'S TIME TO HOLD BANKS RESPONSIBLE FOR PREDATORY LENDING.
Why would a Republican change his vote based on what Nancy Pelosi says...come on. This was a REPUBLICAN bill–President Bush and his team proposed it. Regardless of who voted for it or did not–Keep in mind that the REPUBLICAN candidate was just flying in last week to save it...looks like he and Bush are out of touch with their own party.
its funny how mccain try to blame obama for the failure of the gop not voting for the bill. that is mccains party that didnt vote for it not the dem.
Bush's legacy: stop blaming the Republicans or the Democrats – they were all put in a terrible situation. They lose whether they vote for it or against it.
This is a failure of the Bush Administration – the blame lies directly on George Bush's shoulders. He has led this country into dissaray. His administration, his cronies, all of them can take the blame for where we are today.
How can a speech from Pelosi make the republicanse vote against the bill? It's like saying I know Obama's economic policy will benefit me since I make only 25K a year and I don't have health coverage, but I will not vote for a black guy.
McCain didn't have his name mention to save the day. So now McCain is not true to Country First.
Stop this nonsense. Both Dems and Repubs are equally responsible for this!
I think I am going to convert my life-savings into Yuan and move to Beijing.
"Does anybody really know what time it is
Does anybody really care
If so I can't imagine why
We've all got time enough to cry"
Artist Name: Chicago
Album: The Best of Chicago
Songwriter(s): Robert Willia, Lamm
Release Date: January 1, 1989
Dear JULIE CLARK -
Who introduced this mindless bill? Last time I checked, GEORGE W. BUSH IS A REPUBLICAN.
I love how some of you are trying to say Obama needs to be elected to fix this mess. Seriously, how do you live with yourself. Obama nor McCain know how to fix this, just stop saying that as it's an insult to your intelligence. Obama hasn't fixed anything in his life and he is going to save us from this mess???
Pelosi is a complete Joke. She is a disgrace to Democrats. America voted for change in 2006 and congress has much lower approval ratings than Bush and she is the face on a failed party. They haven't done anything and then she makes a HUGE mistake today especially when a ton of democrats made millions through Fannie and Freddie. That killed the bill right there.
Maybe they should hold the greedy CEO's and CFO's personally resopnsible for the failures. Might smarten them up if the results of their follies hurt THEIR wallets and not just ours.
I think the bail out should be for the people that are loosing, about to loose their home to foreclosure. Those that lost their homes already, where possible should be brought up to current and put back into their homes.
The historic formula of 25 percent for housing should be forced across the board on all loans for a primary residence financed within the past three years.
I believe the lending institutions should take a hit on their over zealous loan qualification process that began this mess. The real bailout would be the difference between the current loan amount and new loan amount. The institutions would be borrowing that amount from the government with the expectation that it would be repaid. The government would retain an ownership interest until the loan was repaid.
This is awesome! I'm glad the Republicans stuck to their guns. How about the Dems start blaming someone else? Like maybe blaming the banks and the frivolous loans they were handing out.
McCain is the only one who showed true leadership during this crisis. That's why I'm voting for McCain!
The republicans got our country in this mess and they want to blame demoncratic we really going to see in November when Obama take office...It sad how the republican dont want to get nothing thing because they jealous of Obama and the demoncratic party because they are united then ever....Let kick the republican out the office
vote for demoncratic party
We are paying the price of years of Republican deregulation. Without any oversight the wages of greed is the death of the free market.
Democrats have destroyed the country.
Republicans have destroyed the country.
Voting for either? yeah, right...let's have more of the same. We're doing so well now.
Joe I agree with you, this country is sinking. We are the Titanic!
Once again, thanks Republican's and thanks people who support them for leaving this crisis now in my generations hands. I'm 24 and we have to deal with this for years to come. But hey, they didn't take your money! Lets all cheer for that! Even if Obama gets elected I don't think he can save this situation because of the ignortant Republicans out there.
Good theier making sure there's no pork from the DEms on the bill, you can bet the Republicans are making sure we don't have any waste and more accountability on this bill better to be safe than sorry, Pelosi instead of sounding professional sounds like a power tripper accusing anyone from the right for what could be a well thought out bill that REALLY conciders the Tax payors.