Mike the Usurper wrote:

"I do believe we could have gotten there today if it had not been for this partisan speech the speaker gave on the floor of the House," said Boehner.

They voted it down because their feelings were hurt? Here's Pelosi's speech. If that hurt their feelings, then they're a bunch of glass jawed weasels. Go home and don't come back.

(Apologies to weasels everywhere for denigrating you. Being compared to the current GOP is an insult to your species, and I am sorry I could not come up with a better analogy which does not slander you for being weasels.)

What would you have them do? I was impressed that they stood their ground and aligned with their conservative base. Of course, who the hell knows what's going to happen now. The sky hasn't fallen yet, but generally, it takes awhile for the sky to reach terminal velocity.

I don't think that Pelosi's speech had much to do with the vote myself. I watched the debate and long before she spoke the same problems kept coming up again and again. Things like there might be alternatives to this...problems with the authority transfer to the SEC, problems with the legislation as it was written - how despite the bloat it really wasn't all that much different from the one page bomb that was received from Paulson that very first day.

The big resentment, I think, and it is my own resentment - was that scare tactics and a big rush were used and there just seemed wrong with this big of a decision. Also all the congressmen that had issues with monetary policy, like Kucinich and Ron Paul, voted against it too. Again, that had nothing to do with Pelosi, but with general principles.

skullaria wrote:
I don't think that Pelosi's speech had much to do with the vote myself. I watched the debate and long before she spoke the same problems kept coming up again and again. Things like there might be alternatives to this...problems with the authority transfer to the SEC, problems with the legislation as it was written - how despite the bloat it really wasn't all that much different from the one page bomb that was received from Paulson that very first day.

The big resentment, I think, and it is my own resentment - was that scare tactics and a big rush were used and there just seemed wrong with this big of a decision. Also all the congressmen that had issues with monetary policy, like Kucinich and Ron Paul, voted against it too. Again, that had nothing to do with Pelosi, but with general principles.

I'm more impressed that the American People are pissed and despite them knowing that they might be heading for worse times than better if they don't do something, they didn't cave in. They know that the people that made this mess should be held accountable and if that means we gotta suffer while that law gets made, then so be it.

Of course, the real problem is that foreign investment in the US is fleeing like rats from a sinking ship. Maybe never to return. Could be irreversable.

Oh yeah, me too - The people spoke and congress actually listened.

Well we might be poor but at least we will be free. That is the way I look at it, and that is my order of priorities.

skullaria wrote:
Oh yeah, me too - The people spoke and congress actually listened.

Well we might be poor but at least we will be free. That is the way I look at it, and that is my order of priorities.

I defer to the comment of Paul Krugman on this one, "As a friend said last night, we’ve become a banana republic with nukes."

And speaking of which, it seems to me banana republics are walking demonstrations of supply-side economics. How's that working out?