I cannot believe it. The Bush Bailout plan is dead in the water, thanks to the House of Representatives! From CNN:
The measure needs 218 votes for passage, but it came up 13 votes short of that target, as the final vote was 228 to 205 against. About 60% of Democrats voted for the measure, but less than a third of Republicans backed it.
President Bush is "very disappointed" by the House vote, his spokesman Tony Fratto said.
Good. President Bush deserves to be disappointed. In fact, he deserves to be desperately distraut, and flat out depressed. Well, he'll have the rest of his lifetime for that, upon reflection on his legacy.
Let's give credit and thanks to 40% of the House Democrats, and about 2/3 of the House Republicans for killing this. I liked Mike Pence's reasons. I don't care about the others' too much right now, although I probably will soon enough, when the next bailout is proposed.
Interesting to see a greater percentage of House Dems lining up with George W. Bush. I should like to see this allignment spun against their re-election efforts in the way their party leader Barrack Obama is assailing his opponent with the 'He voted with George Bush' lines in his ads. What's good for the goose, right?