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Bailout bill defeated (John Boehner:It's a "Crap Sandwich" )
World Mag ^ | September 29, 2008 | Emily Belz

Posted on 09/29/2008 12:13:30 PM PDT by Red Steel

CONGRESS: Legislation to bail out the stressed financial industry was defeated in the House of Representatives by a vote of 228-205

The House of Representatives killed the bill to authorize a $700 billion bailout of the economy by a vote of 228-205, after impassioned pleas on both sides.

Plenty of members from both parties were unhappy about the unpopular legislation, especially on the eve of elections. One congressman offered an all-too-vivid image.

"This is a huge cow patty with a marshmallow stuck in the middle of it," said Rep. Paul Broun (R-Ga.).

But congressional members supporting the bill expressed their distaste for the bailout too, torn by their constituents' disapproval.

House Republican leader John Boehner of Ohio, who called the bill a "crap sandwich" at one point and initially said he wouldn't vote for the legislation, spoke in support of it today.

"Nobody wants to vote for this. I don't blame you. We have an imperfect product, a product that may work," he said. "I believe we have to vote for this bill to keep ourselves from the brink of an economic disaster."

To score a few points, House Speaker Nancy Pelosi took the opportunity to lay the blame for the financial meltdown entirely on the Bush administration's economic policies.

"They claim to be free market, when it's really an 'anything goes' mentality," she said. Pelosi urged the House to pass the bill.

Democratic leader on the discussion, Rep. Barney Frank of Massachusetts, chairman of the Financial Services Committee, avoided political commentary to point to the severity of the situation.

"If we repudiate George Bush's secretary of the Treasury and the chairman of the Reserve, and we say, 'Naah, calm down, we'll get over it,' I believe the consequences will be severe."

"I wish I could have included more of my priorities," said Frank. "I wish I could eat more and not gain weight. ... Please don't throw it out because you're unhappy with some of the provisions."

But they did. Now Congress, expected to go to recess today, may be in session the rest of the week to discuss other options to solve the crisis.


TOPICS: Extended News; Government; Politics/Elections
KEYWORDS:

1 posted on 09/29/2008 12:13:33 PM PDT by Red Steel
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To: Red Steel
said Frank. "I wish I could eat more and not gain weight. ... Please don't throw it out because you're unhappy with some of the provisions."

I'd tell Frank to bite me, but he'd probably jump at the chance.

L

2 posted on 09/29/2008 12:16:49 PM PDT by Lurker (She's not a lesbian, she doesn't whine, she doesn't hate her country, and she's not afraid of guns.)
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To: Red Steel


Get Your Talking Points Here:

* "Vital" Financial Bailout Bill Dies In
DEMOCRAT-CONTROLLED House Of Representatives.

* Pelosi And Other Democrat Leaders FAIL To Get Their Own Democrats To Follow Them.

* 40% Of House Democrats Cross The Aisle To Side With House Republicans!

* The only thing that was "Bipartisan" was the OPPOSITION to this bill!!!


3 posted on 09/29/2008 12:19:50 PM PDT by The_Macallan
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To: Red Steel
Boehnert just made the GOP look like fools.

He blamed the non-passage of the bill on Republican members who were allegedly personally offended by nacy Pelosi's shrill speech.

Barney Frank just clowned Boehnert by saying that he would personally apologize to, and give all kinds of compliments to, any twelve Republicans who would agree to vote for the bill.

Boehnert basically said: "The bill failed not because we still have principled opposition to its provisions, but because some of us are little crybabies."

Boehnert should simply have said taht the bill was a raw deal.

4 posted on 09/29/2008 12:20:03 PM PDT by wideawake (Why is it that those who like to be called Constitutionalists know the least about the Constitution?)
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To: Red Steel

The bailout: brought to you by the same people who (almost) passed the amnesty bill.


5 posted on 09/29/2008 12:21:07 PM PDT by whipitgood (Illegal immigration: Let's roll!)
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To: Red Steel

Correct me if I’m wrong, but didn’t Bohener vote for the bill today? If so, is this his ‘I didn’t inhale’ moment.

Time to walk the walk not just talk the talk. That’s why this problem occured.

Term limits.


6 posted on 09/29/2008 12:23:48 PM PDT by Doug TX
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To: wideawake

he was more of a fool for voting for it and that probably is the reason why *he* couldn’t say it was a bad deal.


7 posted on 09/29/2008 12:25:35 PM PDT by ari-freedom (Let freedom ring!)
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To: Red Steel
said Frank. "I wish I could eat more and not gain weight. ...

Its called a salad you fat pig! Stop eating Caviar by the gallon! IT AINT YOUR MONEY!

8 posted on 09/29/2008 12:26:18 PM PDT by Bommer (Who was Obama's diction coach? Bevis or Butthead? Uhhhhhh.....)
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To: Red Steel
Pelosi & house majority leaders counting votes prior to bailout's defeat.


9 posted on 09/29/2008 12:27:30 PM PDT by skeeter
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To: Doug TX

You are most likely correct. Boehner supported the bill after the changes but I think his first thoughts about this bill are still right that it’s crap.


10 posted on 09/29/2008 12:29:42 PM PDT by Red Steel
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To: The_Macallan

Democrats wanted us to eat a crap sandwich, but without the bread.


11 posted on 09/29/2008 12:30:28 PM PDT by Enterprise (No Oil for Democrats!)
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To: Red Steel

“John Boehner:It’s a Crap Sandwich”

It’s sad that Boehner is not only eating the “crap sandwich”, but he is using his power to force others to eat it also. He needs to be voted out.


12 posted on 09/29/2008 12:32:37 PM PDT by smallbiz (Palin/McCain... oops McCain/Palin)
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To: Red Steel
Bailout bill defeated (John Boehner:It's a "Crap Sandwich" )

And hopefully your constituents will make you eat it, Boehner...

13 posted on 09/29/2008 12:34:45 PM PDT by mewzilla (In politics the middle way is none at all. John Adams)
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To: skeeter

LOL! Cue the Slim Whitman!


14 posted on 09/29/2008 12:35:34 PM PDT by mewzilla (In politics the middle way is none at all. John Adams)
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To: wideawake
People have been demanding the republicans stop taking the democrats’s abuse and distortions on this and today they did. Pelosi comes off looking like an a-hole for putting politics first and foremost and backing the Republicans into a corner. If they had done the deal and bent over for Pelosi what would you have said then?

Look, people decided that the Republicans needed to be taught a lesson so they handed Nancy and company the keys to the House. The Republicans fought off a number of attempts to pork the bill and hand money over to ACORN. With the failure of the bill's passage the stock market tanks again and need I remind you of how many average Americans own stocks? Need I remind you of the panic that ensues when people think their bank is failing, they are losing their savings, homes, etc? They have to do something while working as the minority party.

15 posted on 09/29/2008 12:37:17 PM PDT by misterrob (Obama-Keep the Change!)
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To: The_Macallan

What really killed the bill was the voters. House members were afraid for their political life. Keep up the good work Americans.


16 posted on 09/29/2008 12:38:08 PM PDT by Logical me (Oh, well!!!)
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To: wideawake; Doug TX

Boner is an impotent leader.
The majority of Republicans followed Mike Pence.
It is time for Boner to step aside as Minority Leader, and Mike Pence to take his place.


17 posted on 09/29/2008 12:38:09 PM PDT by counterpunch (Jim Jones was a Community Organizer)
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To: wideawake

Boehner is a moron. He basically just killed his party’s chances and probabthe Bill’s chances with that statement.


18 posted on 09/29/2008 12:43:59 PM PDT by Homer1
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To: Red Steel
Where are all the hysterical Freepers who were blasting the GOP for supporting this Bill, acting like it was a 'done deal'?

The House GOP has AGAIN stood up and been counted, so I hope that the attacks on the GOP will finally stop as being the 'go along Party'.

It was they who stopped the Amnesty Bill and now killed this monster as well.

19 posted on 09/29/2008 12:47:16 PM PDT by fortheDeclaration ('we don't make compromises-we make Marines')
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To: wideawake
Boehnert ? made the GOP look like fools ? Ha. First of all it is impossible to make them look more foolish than they are . He saw a chance to crush stretch face and he did it. Spin it any way you like , 40% of the dems voted it down . You forgot to mention that in your moan session. Bush is speaking now ! I rest my case...
20 posted on 09/29/2008 12:48:21 PM PDT by fantom
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To: Red Steel
I am proud of so many of my fellow Republicans. This bailout as written isn’t the bill to pass. The American people are overwhelmingly against it, and this bill isn’t the answer. The Democrats are the majority, and have been since 2006 – at which time we started seeing the first signs of our bad economy – they failed to act, they continued spending, big government, no answers, and actually doing NOTHING, and I blame Barney Frank and company et all for where we are today and why. This wasn’t the bill, this wasn’t the answer, and I thank those Republicans who voted against it. The Democrats are the problem, the answer to this is real change. The answer to this is a Republican majority in Congress, and the answer is to have the Republicans write the bill en total, the Democrats are incompetent to solve this and even though the Republicans have a lot to be desired, they are the only ones to write a bill that will even work if at all. So, this will require a Republican sweep in November – the Presidency and the Congress. Then we will start seeing solutions again. I blame the Democrats squarely, and they are the ones pointing fingers but they are the ones who are ruining our nation. They are do nothing, they are failures, Barney and company need to be fired, and the “moderates” in the Bush Administration are seeing the last days, it is now time for a conservative Republican Palin type majority. That is the answer. Thank you Republicans. And now it's time for John McCain to step up and tell America why this bill was bad, and that this wasn't the bill, we need the right answers for America, this wasn't it, and he needs to point the finger right back at the Democrats and tell America how and why the politicians have failed us, and we don't need the same people who have failed us to write the bill to save us. We need to fire them, we need reform, we need a Republican majority.
21 posted on 09/29/2008 12:49:50 PM PDT by Brian_Baldwin
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To: The_Macallan
That's the key phrase right there : Bipartisan OPPOSITION to the bill!. Finally, something both sides can agree upon. Too bad the socialists and those with their hands in the cookie jar aren't on the same page.
22 posted on 09/29/2008 12:57:56 PM PDT by so_real ("The Congress of the United States recommends and approves the Holy Bible for use in all schools.")
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To: Red Steel

I write as someone who favored passage of this bill, but who nonetheless admires and respects the Republicans who held their ground. I’m not sure I’ve ever personally witnessed such cajones. Wow!

And so now I believe that this will result in a far better outcome. Two thirds of House Republicans have proven that they will let the markets go to hell before they sign on to something horrible. And Pelosi has proven that she can’t even command the allegiance of more than 60% of her own MAJORITY party, on legislation that her party wrote. Meanwhile, Obama took credit for making it happen before it actually happened; and so now he must make sure it happens, even if doing so means ceding more ground to the Republicans. Negotiating power has shifted significantly, and the Dems must get legislation through before the end of the week or a true disaster looms. I believe that House Republicans will finally have their say, and get much of what they want. And I am confident that having shown their mettle, they will not give much ground going forward.

The Republicans have said some dumb things, including the statement that Pelosi’s rant caused many Republicans to change their minds. But my sense is that nearly all of the Republicans were opposed from the get go, and that at most a handful of votes changed. Truly, Republicans have exercised extraordinary restraint in this blame game, and I respect them for it.

They need to hold their powder for a bit longer, and then we can assign accountability after the fact. Reserved but resolute!!!!


23 posted on 09/29/2008 1:14:03 PM PDT by drellberg
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To: The_Macallan

I think you are absolutely correct with your post.


24 posted on 09/29/2008 2:13:57 PM PDT by daylilly
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