Joined: Jan 2006 Gender: Female Posts: 151 Karma: 42
Final Bailout Vote: 263 Yes, 171 No « Thread Started on Oct 3, 2008, 9:12am »
Here's the final vote on the bailout. A pretty stunning shift for the additional pork attached. So far, the stock markets aren't rallying, and the credit markets aren't responding. Already on CNBC they're calling for further action to unfreeze credit. 850 billion isn't enough to fix it, they say.
FINAL VOTE RESULTS FOR ROLL CALL 681
H R 1424 YEA-AND-NAY 3-Oct-2008 1:22 PM QUESTION: On Motion to Concur in Senate Amendments BILL TITLE: Emergency Economic Stabilization Act of 2008
Re: Final Bailout Vote: 263 Yes, 171 No « Reply #2 on Oct 3, 2008, 9:48am »
Wall Street has figured out now they can run perpetual scams on Congress.
By the end of October I wager there's going to be demands for another massive cash transfer to Wall Street.
I base it on the fact that the Gov't already put a $trillion dollars into Wall Street over the last 2 weeks. $400 billion for money markets, $600+ billion for liquidity and it didn't do squat.
Paulson's $700 billion cash transfer is only a down payment.
Joined: Jan 2006 Gender: Male Posts: 6,327 Location: Southern California Karma: 180
Re: Final Bailout Vote: 263 Yes, 171 No « Reply #3 on Oct 3, 2008, 12:57pm »
59 worthless Congressional Reps reversed their previous vote, and voted against their constituents' wishes, and for the Wall Street bailout--using their constituents' money.
These 59 scumbags, along with 204 of the previous 205 scumbags, pushed this Corporate welfare bill through.
One Congressman, Jim McDermott of Washington, changed his previous "yes" vote to a "no" vote on the latest tally.
One of the biggest facilitators of this treasonous vote was "the Great One" -- Barack Obama, who personally called members of the Congressional Black Caucus to change their vote. And most of them DID change their vote.
Thanks again, Barack. You'll make a fine President-- for Wall Street. I hope you got your money's worth in campaign contributions from all your rich friends when you sold out the American people.
In all fairness, McCain was equally idiotic. But he has nowhere near the pull that Obama had with the Congressional Black Caucus.
12 members of the Congressional Black Caucus switched their votes from "No" to "Yes" after lobbying by Barack Obama.
That accounts for 24 of the overall vote shift.
Though many others affected the vote, no one individual had as much influence on the change in votes as Obama.
Here are the Congressional Black Caucus members who switched to "Yes":
Andre Carson Emmanuel Cleaver Elijah Cummings (MD) Donna Edwards (MD) Al Green Jesse Jackson, Jr. (IL) Sheila Jacksion-Lee (TX) Carloyn Kilpatrick John Lewis (GA) Bobby Rush David Scott (GA) Dianne Watson (CA)
Obama: "I wish I could vote [for] CAFTA....Amer. workers are afraid of globalization" "We need more trade....We shouldn't try to stop [globalization]""I don't accept...that illegal immigration suppresses wages";US Employment / Real Weekly Wages
Joined: Dec 2006 Gender: Female Posts: 622 Karma: 96
Re: Final Bailout Vote: 263 Yes, 171 No « Reply #4 on Oct 3, 2008, 1:16pm »
Ugh, just re-enforces my decision to vote third party. These disgusting sell outs should all be voted out. I have found a couple of reps I like from watching these debates in the house. Without knowing anything else about them, Marcy Kaptur and Sherman appear to be standing up for the people on this issue.
And I can't forget Kucinich who stood in defense of a helpless 90 year old woman who shot herself as deputies were evicting her from her home as Fannie Mae was forclosing on her mortgage, the same day Wallstreet and the banks were getting the biggest welfare handout in history. Disgusting.
“Goods produced under conditions which do not meet a rudimentary standard to decency should be regarded as contraband and not allowed to pollute the channels of international commerce.” -Franklin Delano Roosevelt
Re: Final Bailout Vote: 263 Yes, 171 No « Reply #5 on Oct 4, 2008, 3:24am »
Sanders Last Stand
This whole thing has gotten me thinking about the need for a PAC / Website of some sort to link the economic patriots together in someway.
I know when Hillary suspended her campaign one group of PUMA's formed the PUMA PAC. While most of Dems have completely sold out there are certainly some heroes that have stood firm with threats of the end the world.
Although a radical Leftist should support the liberal stance, one should never forget that it is the populist fundamentalist, not the liberal, who is, in the long term, our ally. In all their anger, they are not radical enough to perceive the link between capitalism and the moral decay they deplore. - Slavoj Žižek
Joined: Dec 2006 Gender: Female Posts: 622 Karma: 96
Re: Final Bailout Vote: 263 Yes, 171 No « Reply #6 on Oct 4, 2008, 3:45am »
Whew, that was great, go Sanders. Why can't we have more people like that in congress?
Good idea Proletariat, we do need some way of uniting all the people who disagree with this bailout. It is an emotional enough issue to unite people on opposite ends of the political spectrum as we have seen the divide in the major parties stands on this already. How do we start a movement? It seems like there are so many small groups, spread all over, we need a way to get them all together.
“Goods produced under conditions which do not meet a rudimentary standard to decency should be regarded as contraband and not allowed to pollute the channels of international commerce.” -Franklin Delano Roosevelt
This whole thing has gotten me thinking about the need for a PAC / Website of some sort to link the economic patriots together in someway.
That's a great idea, Proletariat. There are plenty of severely disgruntled voters out there from both the Republican and Democratic parties, as well as 3rd party and independent voters.
Most Americans could unite around more protectionist trade policies, reduced immigration, no bailouts for Wall Street, reduction of industry monopolies and oligopolies, and reduced government spying on citizens. A coalition could very likely be built around these issues. Most probably also favor unions and more progressive taxation.
If we could get a coalition together that would either remain agnostic on social issues (abortion, gay marriage, etc.), or was willing to tolerate opposing views on those issues, it would supplant either of the major parties. (These are/were the positions of the Reform Party.)
It might be more difficult to raise money, as these economic issues are in opposition to the interests of Wall Street financiers & Corporate globalists, who provide most of the funding for both major political parties.
But the number of people would certainly be in favor of an Economic Patriot coalition.
Obama: "I wish I could vote [for] CAFTA....Amer. workers are afraid of globalization" "We need more trade....We shouldn't try to stop [globalization]""I don't accept...that illegal immigration suppresses wages";US Employment / Real Weekly Wages
One surprise was Sherod Brown who voted for the bill. Another surprise was trying to find a quote on economic populism. Wikipedia's entry was very poorly done.
Although a radical Leftist should support the liberal stance, one should never forget that it is the populist fundamentalist, not the liberal, who is, in the long term, our ally. In all their anger, they are not radical enough to perceive the link between capitalism and the moral decay they deplore. - Slavoj Žižek
That's a good selection. I, too, was surprised about Brown's vote. I was also disappointed with Jim Webb's vote and Claire McCaskill's vote.
Surprisingly, Republican Richard Shelby is becoming a real populist. Shelby was one of the biggest opponents. Shelby, who was previously a Democrat, has voted against most major trade deals as well, including NAFTA, the WTO, and CAFTA. He's also voted against Fast Track in 1993. He's also voted against the Senate's latest Comprehensive Immigration Amnesty Bill.
Maybe with Bush out of office some other Republicans will come to their senses.
Obama: "I wish I could vote [for] CAFTA....Amer. workers are afraid of globalization" "We need more trade....We shouldn't try to stop [globalization]""I don't accept...that illegal immigration suppresses wages";US Employment / Real Weekly Wages
Although a radical Leftist should support the liberal stance, one should never forget that it is the populist fundamentalist, not the liberal, who is, in the long term, our ally. In all their anger, they are not radical enough to perceive the link between capitalism and the moral decay they deplore. - Slavoj Žižek
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