Monday, September 29, 2008

Bailout Vote = FAIL

In case you haven't heard, the House of Representatives did not pass the $700 billion bailout plan. So naturally, John McCain's chief economic advisor, Douglas Holtz-Eakin, got on television and said:

"Today, Barack Obama's Democratic party failed the American people."

Here is the ACTUAL voting breakdown:

So, to be clear, Democrats and their leadership delivered roughly 60% of their rank and file to pass the vote, while Republicans delivered roughly 33% of their rank and file.

Had the Republican leadership (McCain) delivered just half of his party to vote for the bill, it would have passed.

However, it's the Democrats fault cause Nancy Pelosi gave a speech which hurt Republican feelings.


ben said...

while i agree that that is an absurd accusation to make, fuck the bailout.

Carl Benson said...

thanks for the link. most reasonable/informative piece I've read yet on the whole bailout. now if you'll excuse me, i need to go bailout my kidneys from drowning in alcohol laden urine.