Archive for Bailout Bill
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by Ron Paul
It has not been a good week for the Republic. It took quite a bit of trampling of the Constitution, but the bailout bill passed, as I suspected it would.
The bailout failed the first time it was brought to the House. Undaunted, the Senate pressed on by attaching the bailout as an amendment [...]
United States House of Representatives
Statement on HR 1424
October 3, 2008
Ron Paul
Madame Speaker, only in Washington could a bill demonstrably worse than its predecessor be brought back for another vote and actually expect to gain votes. That this bailout was initially defeated was a welcome surprise, but the power-brokers in Washington and on Wall Street could [...]
263 yes – 171 no
YEA: Abercrombie, Ackerman, Alexander, Allen, Andrews, Arcuri, Baca, Bachus, Baird, Baldwin, Barrett (SC), Bean, Berkley, Berman, Berry, Biggert, Bishop (GA), Bishop (NY), Blunt, Boehner, Bonner, Bono Mack, Boozman, Boren, Boswell, Boucher, Boustany, Boyd (FL), Brady (PA), Brady (TX), Braley (IA), Brown (SC), Brown, Corrine, Buchanan, Calvert, Camp (MI), Campbell (CA), Cannon, [...]
Ron Paul’s address to Congress, Oct. 3, 2008
“Madam Speaker, I rise in strong opposition to this bill, because it won’t solve our problem. It is said that we’re in a liquidity crisis and a credit crunch, and all we need is more credit. The Federal Reserve has already injected over a trillion dollars worth of [...]
Poll Results:
Yes, they should pass it: 146 votes (3%)
No, they should reject it: 5,000 votes (94%)
Not sure: 173 votes (3%)
The House of Representatives is approaching a crucial vote on the Bailout Bill later today [Update: The bill passed 263 to 171]. The mainstream media claims that public opinion is increasingly in favor of the bill, [...]
The controlled media’s “shock and awe” propaganda blitz and fear mongering campaign had its desired effect: Last night, the Senate passed the Bailout Bill 75 to 24.
See who voted “yes” and “no”:
Alabama
Sessions (R)
No
Shelby (R)
No
Alaska
Murkowski (R)
Yes
Stevens (R)
Yes
Arizona
Kyl (R)
Yes
McCain (R)
Yes
Arkansas
Lincoln (D)
Yes
Pryor (D)
Yes
California
Boxer (D)
Yes
Feinstein (D)
Yes
Colorado
Allard (R)
No
Salazar (D)
Yes
Connecticut
Dodd (D)
Yes
Lieberman (I)
Yes
Delaware
Biden (D)
Yes
Carper (D)
Yes
Florida
Martinez (R)
Yes
Nelson (D)
No
Georgia
Chambliss (R)
Yes
Isakson (R)
Yes
Hawaii
Akaka (D)
Yes
Inouye (D)
Yes
Idaho
Craig (R)
Yes
Crapo [...]
As predicted earlier this week, the failed bankers and their government enablers won’t take “no” for an answer. Even though the Bailout Bill was soundly defeated by the House on Monday, the Senate still plans to vote on the bill tonight.
How is this even possible?
In circumvention of normal procedures, the Senate merged the Bailout [...]
Victory!
Thanks in no small part to massive public rejection and outcry the “Bailout Bill” was defeated today 228-205.
But the bankers and their allies in Congress won’t take “no” for an answer.
There could be another vote as early as Thursday… so let’s keep up the pressure!
In addition to speaking out against the Bailout Bill [...]