Bailout fails

Matthew Hoy
By Matthew Hoy on September 29, 2008

The House voted 228-205 today to kill the proposed bailout plan.

Some facts to keep in mind:

  • Democrats voted 140-95 for the bill
  • Republicans voted 65-133 against the bill
  • Speaker Nancy Pelosi wanted cover from the House GOP to pass this bill
  • 1 in 3 Republicans is definitely enough to count as cover

The Democrats run the House. Pelosi runs the Democrats. She doesnt run them well.

Blame is going to be fixed in the coming days. Democrats will blame Republicans. Republicans will blame Democrats. The media will blame Republicans.

None of this is going to get this problem fixed.

Hold on, were in for a heck of a ride.

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