Sep. 29th, 2008
bailout bill went down
Sep. 29th, 2008 02:20 pmI am surprised, but not upset.
-o-
( How this (doesn't) affect my investments )
The vote against the measure was 228 to 205, with 133 Republicans joining 95 Democrats in opposition. The bill was backed by 140 Democrats and 65 Republicans.Vote info is here (uses flash)
[...]
Opponents said the bill was cobbled together in too much haste and might amount to throwing good money from taxpayers after bad investments from Wall Street gamblers.
Immediately after the vote, many House members appeared stunned. [...]
Members of both parties, doing a quick political post-mortem, said those who voted no had encountered too much hostility for the bill among their constituents, and were worried that a vote in favor would be political suicide. - NY Times
-o-
( How this (doesn't) affect my investments )