I find that argument rather weak still. Bush pushed for this bill which actually is against most of the tenets of his party. He reached out to the democrats for a bi-partisan solution and urged his party to vote for the bill. However, you can't change how you view the world or your own ethics just because Bush tells you to. To the members who voted no, this bill wasn't for them. Back to the drawing board. Its not indicative of Bush's power and influence whatsoever.
I disagree. It is a tough time with the election and all, but if this is as big as they say, a respected president would have got this done. Bush has no power or influence at this point . .. he is not invovled in any real way with the republican campaign and his policies and handling of the country is getting beat up by both Obama and McCain. No one want to have anything to with Bush and it is sad when the leader of our country goes on primetime TV with a special address to the nation, trying to convince the people this bill is necessary and urging congress to act in this state of emergency . . . and he can't even convince his own party. I'm starting to wonder if this bailout is necessary . . .
Name one. Presidents are neutered at this point. Check out the 2000 election. President Bush's power over the Congress eminates from his ability to punish those who oppose him and to embrace those who want his reflected glory. President Bush is out of office January 29th, so he can't really punish anyone. He's immensely unpopular, so there's no reflective glory. In other words, he has no real power at this stage of his presidency. As for whether or not a bailout is necessary, it is. Perhaps not in the this form, but the credit markets need a floor put under them or they will stop functioning.
you've got to give Bush a bit of credit in actually working with democrats on this, i think he has the best interests of the country in mind, however, this bill is not one that most of the party supports whatsoever. there's chatter that Pelosi gave a speech which was basically a bitch session on republicans which turned a lot of them off.
I am against the plan. It's pork-filled BS and it actually will increase the foreclosure rate while only rewarding the fat cats in the banking industry. I am wondering which Dems voted against their own plan.
Maybe you should be wondering why McCain, who suspended his campaign to engineer the big bailout, and was claiming credit for it before the vote this morning, FAILED TO DELIVER.
maybe if Obama joined with him in solidarity to get this done, it would have. But Obama drew a line in the sand and dared McCain to cross it.
actually it was the republicans who didn't vote for the bailout.... not the demos, and it was McCain who shot his mouth off about how he was gonna fix things and broker a deal....AND FAILED TO DELIVER
Perhaps you are misunderstanding my position, because as I see it, McCain just did deliver. Plus, this turd failed because there were Dems who didn't vote for their own plan. McCain is a Senator, FWIW, but what is clear is that Pelosi can't even control her own party.
Why should they vote for the bailout? Remember, the Democrats could have passed this without ANY support from the republicans. McCain wanted to try to fix things, but Obama just wanted to continue on, distract the country with a debate that really didn't mean much compared to these negotiations.
Just in case you're interested, here's how Oregon's congressional delegation voted today: Hooley (D): Aye Walden (R): Aye Blumenauer (D): No DeFazio (D): No Wu (D): No
