Sep 29 2008
MAJOR UPDATE: OK, There are dangers to speed posting from work. Â Clearly the GOP had more Nay votes – my bad! Â More dems voted against the bill (95) than Republicans (65)! Way to go Obama-Pelosi-Reid-Frank, nice ‘leadership’ there.Â - end update.
Yesterday Obama claimed he was the driving force behind the bailout package being voted today:
“Here are the facts: For two weeks I was on the phone every day with (Treasury) Secretary (Henry) Paulson and the congressional leaders making sure that the principles that have been ultimately adopted were incorporated in the bill,” Obama said in an interview on “Face the Nation” on CBS.
He claimed that he was responsible for many of the provisions now in the Bill. So, will he also be taking responsibility if the whole thing tanks?
The Dow industrials have fallen more than 700 on fears bailout package vote will fail.Wall Street fears the government’s plan to buy up toxic debt wouldn’t be sufficient to resuscitate nearly frozen credit markets.
Obama ran to take credit for events he tried mightily to stay away from. Now he and the Democrat led Congress can take credit for their handy work – so far the bill is failing to pass.
Update: The Obama-Pelosi-Reid-Frank-Bush-Paulson plan fails to muster support.
Update: Here is a link to Obama taking credit for this Democrat led abortion. Â H/T to The Anchoress, who has a great post up on how this so called ‘crisis’ reeks of business as usual (remind me again how ACORN needed a government handout in order to save the nation???).