How Did John McCain and Barack Obama Affect the Bailout Vote?
The House Tuesday killed the Wall Street bailout bill, with House Republican leaders saying the defeat was due to Speaker Nancy Pelosi's speech to close debate in which she blamed the economic troubles on the Bush administration. Democrats responded that any Republican who voted against the bill because of Pelosi's speech was putting their personal feelings ahead of the national good. Having abruptly injected himself into the process last week, John McCain had made remarks before the vote claiming credit for the bill's apparently imminent passage and ridiculing Barack Obama for being insufficiently engaged. In the wake of the bill's defeat, McCain said that it was not the time for partisan finger-pointing, and then blamed Barack Obama and his allies for infusing "unnecessary partisanship" into the debate. Obama issued a statement saying that such toxically partisan comments are what Americans dislike about the political system. How did John McCain and Barack Obama affect the bailout vote? Do either or both deserve the credit or blame for the bill's failure? Post your thoughts below.
Previously: Should the $700 billion bailout pass?
Reader Comments
Barack's Hand in the Bailout Bill
Democratic members of Congress followed their stupid leader Barack Obama and voted in favor of the bill. If he would have voted otherwise so would they. But he didn't and to the surprise of the entire country a Democratic Congress sided with George Bush and passed an $850 billion public aide check with more pork and earmarks in it than Emeril or Paula Dean use in a year. The bill does more for the makers of children's toy arrows and wool manufacturers than it does for homeowners and I pray that my democratic reps in Congress all lose their jobs as a result of it. They are all an embarrassment to Democrats everywhere.
Another Handout
Here we go again with the hands stretched out to the government. I am sick to death of paying for other people's mistakes, laziness and bad decisions. Why should those of us with good credit and better decision-making abilities have to help bail out those who chose to spend beyond their means?
It is called personal responsibility. A lesson in which America is badly in need.
advertisement
