September 29th, 2008
02:55 PM ET
10 years ago

House Republican leader says no revote on bailout Monday

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'

Filed under: Congress • John Boehner
soundoff (258 Responses)
  1. NY loves Obama

    Wachovia failed today and was bought by Citigroup. Who wants to bet on the next bank? I suddenly feel ill.

    September 29, 2008 03:29 pm at 3:29 pm |
  2. Math

    40% of the Democrats in Congress voted No.

    September 29, 2008 03:30 pm at 3:30 pm |
  3. Get Real

    Will McCain cancel the VP debate so that Palin can go to work with him and learn how Washington works/

    Please this is a gimmick and McCain planned this last week when he met behind closed doors with those 'Few GOP House Members" In essence they stall long enough...Palin debate is a bust, and then McCain steps in approves a bill that is almost identical with the exception of maybe one small insignificant item.

    That is why he sat quietly in the room while, Barack asked questions and listed his recommendations. He will steal one of Barack's ideas that did not get in the original Bill and say it was his idea,

    Everyone that met in that meeting Bush/Republican and Democrats should call McCain Out when this happens.

    September 29, 2008 03:30 pm at 3:30 pm |
  4. Irony

    I find it ironic that the one time the congressional leaders a listening to to the people they represent, it's the wrong thing to do. The leaders need to so what their title susggets, lead. Politics should not enter into this, the plan maybe unpopular and flawed, but it is the best answer we have. Anyone that doesn't understand this (democrat or republician) needs to take their head out the sand and realize that without this we can welcome another Great Depression.

    September 29, 2008 03:30 pm at 3:30 pm |
  5. Kelby from Houston, TX

    I think that the Rethuglicons are up to something.
    This looks like some politcal trick to exploit the fears of America to their own dubious end.
    This is the party of pure evil, they have tricked us before and I am certain they will try again.
    Their president brought this to the table. They have followed this man without question before and it is odd that they are not supporting him and his plan now. They are probaly going to try and blame this on the Democrats.

    September 29, 2008 03:30 pm at 3:30 pm |
  6. Tamara

    What ! ?

    House Repugs voted AGAINST the bill because "Pelosi gave a partisan speech." ?? Gimme a break!

    Don't EVEN tell me you voted to negatively spiral the stock market 700 points because you got your little feelings hurt. Waaa.

    Go cry in your own darn corner and vote to help people for once– people other than your de-regulating lackeys.

    September 29, 2008 03:30 pm at 3:30 pm |
  7. me

    hey, "this will affect you",

    YES, there are heavy consequences for all of us. The bailout won't help me put my kids through college, or keep my job or keep the bank from taking my house. Bailout or not. We all have lived WAY beyond our means, and now the devil has come to collect our soul.

    If there had been ANY leadership on this from EITHER party, 1,5,10, 20, 30 years ago, we may not have been in this situation. And this is only the trunk of the BIG WHITE ELEPHANT in the room that no one wants to fix -Social Security. Things will only get worse.

    September 29, 2008 03:31 pm at 3:31 pm |
  8. McGimmick gimmick FAILED!

    What the HELL happened McGimmick? I thought you said this gimmick would work. You even went on TV yesterday bragging about how you whipped the GOP in place, now tell me, if your own GOP party don't trust or respect you WHY SHOULD I?

    Get your gimmicky behind back in Washington and FIX THIS THING!

    September 29, 2008 03:31 pm at 3:31 pm |
  9. Virginia Voter

    Time for a CHANGE in the White House, and time for some Obamanomics!

    September 29, 2008 03:31 pm at 3:31 pm |
  10. Chad, Wisco

    Did anyone else read about Perlosi's little speech before the vote. Why in the world would she bring that up minutes before needing a nonpartisan vote. Im not pointing sole blame at her, but come on, common sense says not to berate the people you need to vote with you.

    September 29, 2008 03:32 pm at 3:32 pm |
  11. C A

    Thought McCain had his party under control. Why did a majority of them vote nay?

    September 29, 2008 03:32 pm at 3:32 pm |
  12. Lisa S - St. Louis MO

    I want a list of those who voted against this bill printed in the USA Today or Wall Street Journal for ALL to see so we know for certain who to vote out of office!!!

    I sure hope all of you IDIOTS who thought that this was just to help fat cats enjoy the unemployment and food kitchen lines...coming to a neighborhood near you...


    September 29, 2008 03:32 pm at 3:32 pm |
  13. CJ

    To all those Americans who don't see the real picture....the Republicans are playing politics since they are up for reelection. They know if their constituents say no they will get their vote...Be realistic America!!! They are not helping Americans but themselves...first, America you should not see that government is trying to socialize the bill, but it got to this point...if you really care about America you would support the bill and stop saying nonsense...don't you know that sub prime mortgages are the ones to was those greedy American people who wanted to profit on a short a house and then resell it for more than it was worth and then the banks just sold and bought (short term also) and here we the math are part of the problem also...not just Wall Street!!!

    September 29, 2008 03:32 pm at 3:32 pm |
  14. Charlotte

    Where's Alan Cranston when you need him? The main Senator in the Keating Fve business, along with three other Democratic Senators. McCain was the only Senator to testify against Keating at the trial.

    September 29, 2008 03:32 pm at 3:32 pm |
  15. Bisola

    When are people going to realize that this is bigger than taxpayers bailing out Wall Street. We are bailing out our economy...GOP needs to mature and offer a real alternative if they are so against this!

    September 29, 2008 03:33 pm at 3:33 pm |
  16. Karen

    Gary-- I think you got it all wrong with Obama being wrap-up in Fannie Mae.. McCain and the Bush Administration has been sleeping with Wall Street and the Oil Companies for years and now it's coming back to bit them were it counts. It's just unfortunate they have made millions and the American people have suffered at the hands of this administration. It's time for a change... Go Obama/Biden

    September 29, 2008 03:33 pm at 3:33 pm |
  17. Susan from Scotts Valley, CA

    When companies can't make payroll or have to shut down shifts at plants because they can't afford the operating expenses then all of you who said to vote no can gloat. This isn't about Wall Street it's about our WHOLE economy.

    September 29, 2008 03:33 pm at 3:33 pm |
  18. quixt

    I won't vote for Obama or McCain until I see some substance in their respective policies, not rhetoric. So, for all you far left and far right people vote how you want, we independents are going to decide who gets the presidency. Sitting back and watching the ridiculus unproductive rhetoric confirms why I would never belong to a specific party. Unfortunately, the far lefters, you are the worst! Unproductive blamers, with no solution except to vote party line. I have yet to see any substancial plan from either side.

    September 29, 2008 03:33 pm at 3:33 pm |
  19. Shannon

    Why did Pelosi have to rub their noses in what we all knew. She just couldn't help blaming the Republicans, and now our 401k accounts will be worth nothing. This woman doesn't belong in any position of authority.

    September 29, 2008 03:33 pm at 3:33 pm |
  20. Terry in NY

    Just freakin beautiful people! Everyone of these egotistical Washington blow hards should be run out of office. First for playing politics with our future and secondly for getting us here in the first place. Ms. Pelosi should be the first one to go!! Does she think anyone really cares who's the blame here??? Just do your freakin job NANCY and fix it!!!
    We all know there's enough blame to go around and it doesn't lie with just one party. For her to blame Bush and all his fiscal problems that she says caused this is riduclous. What about all the pork spending Nancy?? Don't you think that's a problem too?
    To all these washington numb nuts "FIX THE FREAKIN PROBLEM OR RESIGN!!!" WE DON'T WANT TO HEAR WHO's BLAMING WHO!

    September 29, 2008 03:33 pm at 3:33 pm |
  21. Kim

    I wish the stock traders would realize that they are the ones driving the stock market, not the Bailout. Just quite panicking and let the market do what it does "Fluctuate". A report comes out that the stock market is going down, guess what? it does DUH!!! That is a self fulfilling prophecy. Driven purely by peoples panic. If everyone wasn't panicking and immediately selling, the market wouldn't drop like that. The same goes with the banks. Everyone making a run on the banks is what it making them fail. Guess what, if you take every penny you have and keep it at home and the market fails, you don't have anything anyway because it's worthless!!!! Think about it what hurts more people if there is a fire? Running and trampling over each other to get out or nice orderly action? If you run and take all your money or stocks, you are trampling over all the other Americans because you are ruining our economy. The big companies (Which I have no excuses for) started this, but we are only keeping it going and making it worse than it needs to be, Let's act like Americans and tact smart and not like scared children.

    September 29, 2008 03:33 pm at 3:33 pm |
  22. McGimmick gimmick FAILED!

    McGimmick move over! Momma's moving in and I'm bringing the Children! I'm about to go into default because of this ecomony and we need someplace to live!

    September 29, 2008 03:33 pm at 3:33 pm |
  23. Paul

    Let's see. The answer to the credit problem is to do the same thing that created the problem – too much credit? I don't think so. Nancy Pelosi should resign.

    September 29, 2008 03:34 pm at 3:34 pm |

    republicans, such childish freaks!

    This not the elementary school ground you idiot republicans.

    Our 401K's are melting before our eyes!

    September 29, 2008 03:34 pm at 3:34 pm |
  25. WI Cheesehead


    Try poking your index finger in your eye.

    Republicans, 65 voted in favor and 133 against
    Democrats, 140 voted in favor and 95 against

    September 29, 2008 03:34 pm at 3:34 pm |
1 2 3 4 5 6 7 8 9 10 11