How House voted on bailout

[sharingwisdom]

How House Lawmakers Voted on Bailout


Excerpt: (click link to see what individual representatives voted)
Sept. 29 - The 228-205 roll call Monday of the vote by which the House rejected a $700 billion emergency bailout for the nation's financial system.
A "yes" vote is a vote in favor of the bailout package.
Voting yes were 140 Democrats and 65 Republicans. Voting no were 95 Democrats and 133 Republicans.

https://news.aol.com/article/how-house-lawmakers-voted-on-bailout/194032?icid=200100397x1210647251x1200626639 (https://news.aol.com/article/how-house-lawmakers-voted-on-bailout/194032?icid=200100397x1210647251x1200626639)

[d-cat]

It's more than just the money! They voted for this folks!!!

• The Treasury Secretary is authorized to purchase up to $700 billion in mortgage-related assets at any one time. That means $700 billion is only the very beginning of what will hit us.

• Financial institutions are "designated as financial agents of the Government." This is the New Deal to end all New Deals.

• Then there's this: "Decisions by the Secretary pursuant to the authority of this Act are non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or any administrative agency." Translation: the Secretary can buy up whatever junk debt he wants to, burden the American people with it, and be subject to no one in the process.

- Ron Paul