Truthfully I do not know if that is even possible, but after today, I think we should look into it.
Today while I was following the bailout bill, something truly awful happened on the house floor. After hearing the speaker of the house Nancy Pelosi speak before the bailout bill was to be voted on, I was horrified. The speech was blatant with blame toward the current President, and Pelosi praised those who got us into this mess. Not that I am some bleeding heart Republican whining about blame, but Nancy Pelosi did more to divide the party and prevent the passage of the very bill she supports. She is obviously not the one to lead the house toward some kind of agreement. You can see her speech here:
http://www.breitbart.tv/html/184803.html
The thing that pointed out (to me) her inadequacy to run the house floor were her comments about the great depression. (Paraphrased) She had the audacity to say that she did not know why they call it the “great” depression because it was never that great. My brain almost exploded when I heard that nonsense.
I have heard grumblings about how awful she was, but never realized it until now. I hope something can be done.
I am sure that many in the media will use this to say the Republican leaders killed the bill, but any intelligent person can see that is not true. Let me first start by saying I was not all for the bailout in the first place because it was the wrong people sent in to fix the crisis, and the blame game is getting us nowhere.
With all of that said, let us take a look at the vote breakdown:
The Democrats voted 140 for the bill, and they voted 95 against the bill.
The Republicans voted 65 for the bill, and they voted 133 against the bill.
Which brought the bill to fail at a total vote of 205 for it, and 228 against it.
Respectfully, the republicans were expected to be against it, BUT the democrats were so divided on the issue that the vote caused it to fail. The 95 democratic votes against their party leaders are what caused it to fail, and I am proud of those democrats who took a stand. We should hold those 95 votes up and applaud them.
I am almost afraid to believe the total idea of a bailout needs to fail. It would be an awful horrible thing for me and many other Americans to go through, but the only road to recovery might just be to hit bottom.
