NO DEAL! Today the House voted on the financial bail out bill and it failed. As Hot Ait stated, in the end the vote was not especially close. The final tally was 228-205 against, with Democrats supporting it 140-95, while Republicans opposed it 66-132.
The Dow Jones Industrial Average fell 778 points, or 6.98 percent to 10,365, the biggest point drop ever.
Watch the video below where Nancy Pelosi played partisan politics while the point of the talks between Democrats and Republicans was to come together and actually do the work of the people and stop the political rhetoric and BS. Before Pelosi blames Republicans for the bill failing, she may want to explain why 94 or her fellow Democrats voted against the bail out package.
Worst. Speaker. Ever… Pelosi Loses AT LEAST 12 Votes on Partisan Speech!!
One really needs to question Speaker of the House, Nancy Pelosi’s judgment as to why so close to a vote where every vote would be needed for a bail out package that was supposed to be non-partisan.
“This is not a partisan crisis, this is an economic crisis,” said Deputy Minority Whip Rep. Eric Cantor, who said that 94 Democrats also refused to go along with the bill. He described the vote as the result of “Speaker Pelosi’s failure to listen and failure to lead.”
A brutal round of partisan finger-pointing followed the vote.
Republicans blamed Pelosi’s scathing speech near the close of the debate — which assailed Bush’s economic policies and a “right-wing ideology of anything goes, no supervision, no discipline, no regulation” of financial markets — for the defeat. It was not much different from her usual tough words against the president and his party.
“We could have gotten there today had it not been for the partisan speech that the speaker gave on the floor of the House,” Boehner said.
Michelle Malkin with a great recap of events.