The House on Monday defeated a $700 billion emergency "rescue". I am not surprised. In fact, to me it never looked like a good idea. On the up side, oil dropped $10 a barrel.
The Republicans are blaming the defeat on a Pelosi pre-vote speech and an Obama's indifferent attitude and being very little involved.
The Democrats said something different, "The Republicans killed this,'' said House Financial Services Committee Chairman, Barney Frank. Democrats noted that a majority of Republicans had opposed the bill, while ... Read More
Posted By Xerraire On Monday, September 29th 2008 In News Items | Tags: bailout, bob barr, fiscal, medicare, money, pelosi, social secrutiy, trillions |
The House on Monday defeated a $700 billion emergency "rescue". I am not surprised. In fact, to me it never looked like a good idea. On the up side, oil dropped $10 a barrel.
The Republicans are blaming the defeat on a Pelosi pre-vote speech and an Obama's indifferent attitude and being very little involved.
The Democrats said something different, "The Republicans killed this,'' said House Financial Services Committee Chairman, Barney Frank. Democrats noted that a majority of Republicans had opposed the bill, while ... Read More
