Take a look. Of interest at a local level, the two Senators from South Carolina voted opposite to each other.
Take a look. Of interest at a local level, the two Senators from South Carolina voted opposite to each other.
Lets turn a yes vote into a no vote. Vote no next month for everyone who voted yes on this horrific give away, power grab bailout plan.
Among the senators who voted No, three categories stand out:
— Conservate Republicans, particularly those close to Senator Shelby, R-Ala. (e.g., Allard, Brownback, Bunning, Enzi, Roberts, Sessions). As Chairman and Ranking Republican on the Senate Banking Committee, Shelby compiled a credible record of opposition to government bailouts of the financial sector.
— Strong populists (Dorgan, Feingold, Sanders, Wyden).
— Senators up for reelection (e.g., Dole, Johnson, Landrieu).
The most notable exception: Senator Sununu (R-NH), who voted Yes despite facing a tough reelection race and having compiled a strong record of criticizing Fannie Mae and Freddie Mac during the past 6 years.
Some other Yes-voters who don’t fit the pattern: Coleman, Smith, and Chambliss, who are up for reelection. Harkin, a strong populist.
I would have felt better about this bailout if it hadn’t been for the fact that several CEOs were fired and given such HUGE golden parachutes instead of losing their shirts and forfeiting their personal assets gained with the money they helped steal from honest hardworking Americans.
And I will remember this on Election Day!