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why did so many dems oppose the bailout?

sweet adelinesweet adeline Posts: 2,191
edited October 2008 in A Moving Train
and why are the republicans getting most of the blame?
Post edited by Unknown User on

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  • gozzo5058gozzo5058 Posts: 611
    because the bail out was for 'fat cat bankers' not the everyday homeowner...or so i read...
    s

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  • blackredyellowblackredyellow Posts: 5,889
    A lot of democrats voted against it for the same reason that a lot of republicans did - the bill sucked.

    But, the reason that the republicans are getting more of the blame, is because the democratic leadership brought the yes's that they were promising, but the republicans came up very short from what they said they could bring. More of poor leadership knowing the vote count than representatives actually voting against it.
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  • Pacomc79Pacomc79 Posts: 9,404
    sweet adeline wrote:
    and why are the republicans getting most of the blame?


    Thier constituants called them to tell them they were against it and they or thier staff members took a look at it and decided it wasn't a good bill to pass.
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  • LikeAnOpeningBandForTheSunLikeAnOpeningBandForTheSun Posts: 6,097
    some members of gongress were actually more afraid of their constituents than their party masters or wall street. its a rare thing.
  • SpeakersSpeakers Posts: 252
    Elections are coming up too. It is alllll politics.
  • Ghetto StarGhetto Star Posts: 31
    it is an election year for the house and I think you will find that most of those representatives in close races or in a race at all were able to vote 'no' so that they did not have to face the backlash at home when the candidate that they are running against throws it in their face. Pretty standard strategedy considering the opponent did not have to vote. This bailout is not very popular with the average citizen.

    So, basically the democrats scrounged up the 140 votes with an understanding that the republicans would make up the difference so it would pass, only when it came time to vote, many republicans 'ayes' backed out. Then the finger pointing and so on. I think it is typical for a vote to only happen when they know it will pass or that they have the votes.

    A lot of people will ask why the democrats did not just vote to pass since they have the majority. The answer is they do not want the responsibility of owning this bailout. It could carry some heavy repercussion in future elections if it were to fail.

    Example: Chris Carney, Pennsylvania 10th district Democrat voted against it while Paul Kanjorski, Pennsylvania 11th district Democrat voted in favor of the bailout. Carney, first term incumbent who took a seat from a very conservative and popular representative (Don Sherwood) last election is in a tight race with Chris Hackett and was able to avoid being labeled and possibly losing his seat. Kanjorski has been in office for 20+ years and can take the hit.
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  • know1know1 Posts: 6,794
    A lot more Republicans opposed it than Democrats.

    Why are the Dems so interested in helping the rich all of a sudden on Wall Street?

    Furthermore, will the Republicans be able to talk for years about how the Dems bailed out the rich people?
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  • U R A Crazy BreedU R A Crazy Breed Posts: 8,370
    know1 wrote:
    A lot more Republicans opposed it than Democrats.

    Why are the Dems so interested in helping the rich all of a sudden on Wall Street?

    Furthermore, will the Republicans be able to talk for years about how the Dems bailed out the rich people?


    democrats & republicans are two sides of the SAME coin!! they are controlled by the same people!! there is no TRUE opposition!! it's WWF fucking theater!!Stop swallowing the bullshit and wake up!!

    what really happened with the vote is some of these people finally found their spine/conscious and knew signing this fascist bill would destroy what little there is left of our country.
  • mammasanmammasan Posts: 5,656
    There was a statistic floated yesterday that stated that the majority of Representatives that voted down the bill where involved in closely contested re-election campaigns. It makes one wonder what their vote would have been if that where not the case. Did they vote against the bill because they honestly felt it was wrong or simply because they didn't want to loose their re-election bid.
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  • inmytreeinmytree Posts: 4,741
    mammasan wrote:
    There was a statistic floated yesterday that stated that the majority of Representatives that voted down the bill where involved in closely contested re-election campaigns. It makes one wonder what their vote would have been if that where not the case. Did they vote against the bill because they honestly felt it was wrong or simply because they didn't want to loose their re-election bid.

    I'd like to think the Representatives in the House voted no based on the feedback from their constituency. Funny how we've not seen any polling data on how many Americans opposed this "bailout" (now convently called a rescue package). The House Website was shut down yesterday due the volume of traffic. I tried to email my representative, but was unable to. I'll be calling today.
  • mammasanmammasan Posts: 5,656
    inmytree wrote:
    I'd like to think the Representatives in the House voted no based on the feedback from their constituency. Funny how we've not seen any polling data on how many Americans opposed this "bailout" (now convently called a rescue package). The House Website was shut down yesterday due the volume of traffic. I tried to email my representative, but was unable to. I'll be calling today.

    The last poll I heard of was that only 13% of people polled where in support of the bail out/rescue plan. I can't remember exactly but something like 43% where opposed and the remainder did not know enough of the details to declare themselves.
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  • mammasanmammasan Posts: 5,656
    inmytree wrote:
    I'd like to think the Representatives in the House voted no based on the feedback from their constituency. Funny how we've not seen any polling data on how many Americans opposed this "bailout" (now convently called a rescue package). The House Website was shut down yesterday due the volume of traffic. I tried to email my representative, but was unable to. I'll be calling today.

    I just did a search and found this. It seems the numbers I heard where a bit off.

    http://www.rasmussenreports.com/public_content/business/general_business/just_30_think_government_should_bail_out_the_markets
    "When one gets in bed with government, one must expect the diseases it spreads." - Ron Paul
  • inmytreeinmytree Posts: 4,741
    mammasan wrote:
    I just did a search and found this. It seems the numbers I heard where a bit off.

    http://www.rasmussenreports.com/public_content/business/general_business/just_30_think_government_should_bail_out_the_markets

    thanks for that info...

    Glad to see 7 of 10 folks aren't buying the fear hype....
  • mammasanmammasan Posts: 5,656
    inmytree wrote:
    Glad to see 7 of 10 folks aren't buying the fear hype....


    Me too.
    "When one gets in bed with government, one must expect the diseases it spreads." - Ron Paul
  • know1know1 Posts: 6,794
    I just wrote all 3 of my representatives and told them they would never get my vote again if they voted yes for any bailout plan.
    The only people we should try to get even with...
    ...are those who've helped us.

    Right 'round the corner could be bigger than ourselves.
  • mammasanmammasan Posts: 5,656
    know1 wrote:
    I just wrote all 3 of my representatives and told them they would never get my vote again if they voted yes for any bailout plan.

    I did that as well but my Representative voted for it and from what I have heard both of my Senators are voting for it as well.
    "When one gets in bed with government, one must expect the diseases it spreads." - Ron Paul
  • Heineken HelenHeineken Helen Posts: 18,095
    Crazy Breed wrote:

    what really happened with the vote is some of these people finally found their spine/conscious and knew signing this fascist bill would destroy what little there is left of our country.
    Nope... it's election year, simple as that!

    They're not gonna do anything to jeopardise votes... but if Obama wins, he'll probably bring something similar in a couple of weeks later. They're way too predictable.
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