Remember how McCain "rode to the rescue" of the bailout package? Remember how just this morning, he and his campaign were bragging about how his intervention saved the day? Heh heh heh whoops:
Everyone knew the vote on the bailout package would be close, and it was. Everyone did not know it would come up short.In a moment of historic drama in the Capitol and on Wall Street, the House of Representatives voted on Monday to reject a $700 billion rescue of the financial industry.
The vote against the measure was 228 to 205. Supporters vowed to try to bring the rescue package up for consideration against as soon as possible.
Stock markets plunged sharply at midday as it appeared that the measure was go down.
House leaders pushing for the package kept the voting period open for some 40 minutes past the allotted time, trying to convert "no" votes by pointing to damage being done to the markets, but to no avail.
Here's the final roll call on the vote. A total of 140 Democrats voted for it, 95 against it, while 65 Republicans voted for it, 133 against it.
Heckuva job, Johnny!
So, why did the Republicons bail on the bailout? Was it a principled stand against a flawed bill? Concern that throwing $700 billion at the problem wouldn't solve it? A burning desire to ensure that Main Street doesn't get raped by Wall Street? Um, no:
I can appreciate how ridiculous House Minority Leader John Boehner looks right now. I can even appreciate the fact that the Republican Party is looking desperately for someone to blame. But the GOP really hasn't thought this one through.Several Republican aides said House Speaker Nancy Pelosi, D-Calif., had torpedoed any spirit of bipartisanship that surrounded the bill with her scathing speech near the close of the debate that blamed Bush's policies for the economic turmoil.
Without mentioning her by name, Rep. Adam Putnam, R-Fla., No. 3 Republican, said: "The partisan tone at the end of the debate today I think did impact the votes on our side."
Putnam said lawmakers were working "to garner the necessary votes to avoid a financial collapse."
But the defeat was already causing a brutal round of finger-pointing. "We could have gotten there today had it not been for the partisan speech that the speaker gave on the floor of the House," House Minority Leader John Boehner said. Pelosi's words, the Ohio Republican said, "poisoned our conference, caused a number of members that we thought we could get, to go south."
Rep. Roy Blunt, R-Mo., the whip, estimated that Pelosi's speech changed the minds of a dozen Republicans who might otherwise have supported the plan.
On its face, this is comically stupid. House Republicans wanted to vote to prevent a financial collapse, the pitch goes, but the Big Bad House Speaker made them mad with a speech. You can read Pelosi's remarks yourself -- if it strikes you as the kind of speech that's worth risking the economy over, let me know.
But more important that than is the truly ridiculous frame Republicans are establishing for themselves by using Pelosi's speech as an excuse for their own failure. The House GOP, for reasons that defy comprehension, has decided to characterize itself as a caucus of cry babies.
Worse, they're irresponsible cry babies who, according to their own argument, are more concerned with their precious hurt feelings than the nation's economic stability.
It's a great slogan for the election season, isn't it? "Vote Republican -- We're More Concerned With Our Feelings Than Your Future."
That's right. That mean old Nancy Pelosi said mean things, so in a fit of petulance, the poor widdle Republicons threw a tantrum and refused to play. We are ruled by a House full of two year-olds.
I can't wait to see how that excuse plays with voters who are watching their 401Ks vanish as we speak.
But let's not let impending financial collapse due to the Republicons' inability to swallow their hurt feelings and vote for what we've been assured is the only thing standing between us and the next Great Depression distract us from really important issues. Such as... is Obama the Antichrist?
Fort Hill, SC Mayor Danny Funderburk said he forwarded a chain email suggesting Barack Obama is the antichrist because he was “just curious” if it was true:“I was just curious if there was any validity to it,” Funderburk said in a telephone interview. “I was trying to get documentation if there was any scripture to back it up.”
If the House Republicons hadn't thrown their tantrum, that would've been the single most fucking stupid thing a politician did today. I can't even begin to dissect the layers of dumbassitude in that statement. It's too bad he has so much competition for most fucktarded politician in America.
If there's a ray of sunshine in all of this relentless dumbfuckery, it's this:
After an 18-month investigation, the Justice Department’s Office of the Inspector General and Office of Professional Responsibility released a report today on the Bush administration’s controversial removal of nine U.S. attorneys in 2006. Though the report finds that three of the attorneys were fired for political reasons, “former attorney general Alberto R. Gonzales will not be referred to a federal grand jury for his role” in the firings.
Instead, the report recommends that Attorney General Michael Mukasey appoint a special prosecutor to “determine whether the evidence demonstrates that any criminal offense was
committed” in any of the firings. In a statement today, Mukasey named Nora Dannehy, the acting U.S. attorney of Connecticut, as the special prosecutor:The Report leaves some important questions unanswered and recommends that I appoint an attorney to assess the facts uncovered, to conduct further investigation as needed, and ultimately to determine whether any prosecutable offense was committed with regard to the removal of a U.S. Attorney or the testimony of any witness related to the U.S. Attorney removals. […]
Therefore, I have asked Nora Dannehy to exercise the authority of the United States Attorney for the District of Columbia for purposes of this matter. In that capacity, Ms. Dannehy will report to me through the Deputy Attorney General.
According to the Washington Post, Mukasey’s decision to appoint a special prosecutor ensures “that the politically charged issue will extend into the next administration.”
There is a faint hope here that some of the egregious criminality in the Bush Regime may finally get some of these fuckwits pulled into court and, eventually, thrown in jail. Just a tiny ray of hope.
I'll take what I can get at this point.