The House votes against the bail out

The bail out bill went down in the House this afternoon. The vote was:

	Yes	No	% Oppose
Democrats	140	95	40%
Republicans	65	133	67%
Total	205	228	52.7%

Since the Democrats weren't going to pass this administration bill five weeks before the election without cover from the Republicans and then have to run on their support of George Bush, the 67% opposition by the Republicans killed the bill.

A key problem with the Paulson Proposal and its progeny is that no one trusts the Bush administration or the Congressional Republicans. They simply do not work well with others.

As for the Republicans, they are blaming a speech by Nancy Pelosi in which she said (from the Guardian):

"[W]hen was the last time someone asked you for $700bn? It is a number that is staggering, but tells us only the costs of the Bush administration's failed economic policies — policies built on budgetary recklessness, on an anything-goes mentality, with no regulation, no supervision, and no discipline in the system."

"Democrats believe in the free market, which can and does create jobs, wealth, and capital, but left to its own devices it has created chaos."

"Democrats insisted that legislation responding to this crisis must protect the American people and Main Street from the meltdown on Wall Street. The American people did not decide to dangerously weaken our regulatory and oversight policies. They did not make unwise and risky financial deals. They did not jeopardise the economic security of the nation. And they must not pay the cost of this emergency recovery and stabilisation bill."

"Today we will act to avert this crisis, but informed by our experience of the past eight years with the failed economic leadership … We choose a different path. In the new year, with a new Congress and a new president, we will break free with a failed past and take America in a new direction to a better future."

Gee. I guess the House Republicans got their feelings hurt so they will retaliate by damaging the entire United States.

With Congressional Republicans it's always Party over Country and ideology over the welfare of the people. No surprise from such narrow minded ignorant idiots as the conservative Republicans, is it? They've proven it once again today. But don't ever call them on it. They'll get their feelings hurt.

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Sometimes I really think we need to send every Republican a copy of the book All I Really Need to Know I Learned in Kindergarten by Robert Fulghum. Maybe they could learn something. Here is a quick summary.

• Share everything.
• Play fair.
• Don't hit people.
• Put things back where you found them.
• Clean up your own mess.
• Don't take things that aren't yours.
• Say you're sorry when you hurt somebody.
• Wash your hands before you eat.
• Flush.
• Warm cookies and cold milk are good for you.
• Live a balanced life - learn some and think some and draw and paint and sing and dance and play and work every day some.
• Take a nap every afternoon.
• When you go out in the world, watch out for traffic, hold hands and stick together.
• Be aware of wonder. Remember the little seed in the Styrofoam cup: the roots go down and the plant goes up and nobody really knows how or why, but we are all like that.
• Goldfish and hamsters and white mice and even the little seed in the Styrofoam cup - they all die. So do we.

But probably not. Conservatives start out as failed human beings and they do everything possible to avoid admitting that.

The roll call of who voted which way can be found here.

Speaker Pelosi's speech can be found here in this transcript. This is the video (16.16 minutes):




Here is the Republican House leadership blaming Democratic Speaker Nancy Pelosi for the way the Republicans voted. As you watch them speak, remember - these are the guys who brought the political aspects of the current uniquely American economic and financial collapse to the rest of us.



They didn't want to vote for this bill to begin with, and they were looking for every possible way to blame the Democrats for their refusal to deal with the crap their ideological attitudes have caused the American economy and banking system to collapse.

Just remember - the current economic problems are the direct result of the Reagan Revolution and the ideology of the conservative movement. The entire Republican House leadership is a strong supporter of the Reagan Revolution! They will NEVER admit that the Reagan Revolution and the conservative ideology has failed! So they will never admit that the current economic problems are the direct result of the conservative ideology they were elected to support and which they have applied.

To avoid that admission, they will always search for someone else to blame. Today that "blamee" is Nancy Pelosi. But it will always be someone who is not one of them. That is what you are watching in the video above.