Law-Forums.org

[adalwine]

Rep. Rodney Frelinghuysen (R-N.J.)

According to one senior GOP aide, Frelinghuysen was a yes but reversed his vote at the last minute. Afterward, Frelinghuysen called for more hearings and debate on the bill, saying, “We have not adequately consulted, deliberated and explained this to the American public and our constituents.”

Rep. Jim Ramstad (R-Minn.)

A retiring moderate Republican, Ramstad could have voted for the bill without worrying about a voter backlash in November. But he complained that the rushed debate had left “the final cost to taxpayers ... uncertain” and said he would prefer an insurance plan to a bailout.

Rep. John B. Shadegg (R-Ariz.)

Although John McCain’s campaign said he was working to rally House GOP support, not a single Republican from McCain’s home state voted for the bill. Shadegg wants changes in mark-to-market accounting rules and an increase in Federal Deposit Insurance Corp. limits.

Rep. Steven C. LaTourette (R-Ohio)

A close friend of House Minority Leader John A. Boehner, LaTourette opposed the package. Later, LaTourette said in a statement he wants to double the amount of FDIC insurance and allow U.S. companies operating overseas to bring assets back to the United States.

Rep. Doc Hastings(R-Wash.)

A moderate Republican, Hastings told the Yakima Herald that he was undecided until Sunday night. In the end, he said he voted no because there were still “too many concepts” and not enough details about taxpayer exposure.

Rep. Judy Biggert (R-Ill.)

Like many other Republicans on the Financial Services Committee, Biggert voted against the bill. But Biggert has said Congress needs to act, and she has expressed support for some sort of government-backed insurance plan that would allow business, rather than taxpayers, to assume more risk.

Rep. Xavier Becerra (D-Calif.)

A close ally of House Speaker Nancy Pelosi and a member of the Democratic leadership, Becerra ultimately voted no because he “wanted to see direct protections for responsible homeowners” in the bill.

Rep. David Scott (D-Ga.)

A member of the Congressional Black Caucus, Scott said after the vote that he could back the plan if 1 percent of the $700 billion were set aside in a program to prevent foreclosures.

Rep. Hilda L. Solis (D-Calif.)

With foreclosures in her district nearly tripling in the past few months, Solis said she opposed the bailout because it “lacks needed reform of bankruptcy laws” that may help keep people in their homes.

Rep. Shelley Berkley (D-Nev.)

While Berkley voted no, aides said she would be inclined to support the bill if it placed “tougher restrictions on CEO pay.” Aides also said she is looking for more specific language on the regulation of Wall Street.

Rep. Bill Delahunt (D-Mass.)

Another close Pelosi ally, Delahunt said he voted no because the bill would have done too much to help the firms that caused the problem. Delahunt wants to lessen the burden on taxpayers and has proposed assessing a transaction fee on lenders who turn over bad mortgage securities to the government.

Rep. Stephanie Herseth Sandlin (D-S.D.)

While a majority of her fellow Blue Dogs voted for the bill, Herseth Sandlin ultimately opposed it because she thought it would give Treasury Secretary Henry Paulson a “vast amount of power” without “effective oversight.”

[langford59]

Well none of them are mine thankfully.


Here is the alternative plan my Congressman, and the Ohio Representative are proposing instead.

No BAILOUTS Act

Bringing Accounting, Increased Liquidity, Oversight and Upholding Taxpayer Security
http://www.defazio.house.gov/index.php?option=content&task=view&id=441

[chepito]

Democraps created the financial mess by loosening the Bank regulations during Clinton administration...and forcing banks to lend to UNQUALIFIED people.....everyone knows this ....Homo Barney Frank was the one who refused to put regulations in place to prevent it....even when Repubs told him it was very dangerous....he and Reid refused to listen...its time for them to admit their stupidity...

[porter]

When you contact them ask them this question:
If the Bailout passes, and the RE market doesn't correct itself how is the average 20 yr old ever going to be able to own his home mortgage free when he is 55?

Passage of this bill will kept the market from correcting itself and stop banks from suffering through holding mortgages on inflated prices, because prices will remain falsely high due to abundant lending. In that scenario how will the average young adult ever be able to own a home note free?

[garbhach65]

A) You know I'd rather have my dog shaved than to see this bailout package passed

B) If the govt. should do anything, they should give every American a half-million, or so (not a good idea as it would devalue the dollar) and

C) am amazed so few Texans are rollin' their guv-pigs into blankets of rip-stop nylon and using them as Horse-Training Implements.

What's up with them boyz?

...

[wal49]

NOne are mine, but probably won't hurt to e-mail them and tell them and also ask for them to include a couple hundred bucks in a rebate check for us, since they are getting to attach so much to this bill. What quacks.

Off hand how many of those senators that were on the tube tonight talking about how tough it was and how great they are, how many do you think should be forced to return the money, I mean the lobbyist cash they got from all those evil banking concerns? How many should be in jail right now. i have never seen so many people be able to stand up there with a straight face and say what they have. Is there no justice and hey and the one guy was praising Barney in the other deal, what next.