The vote against the measure was 228 to 205 [Michelle Malkin has the roll call], with 133 Republicans joining 95 Democrats in opposition. The bill was backed by 140 Democrats and 65 Republicans.
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Opponents said the bill was cobbled together in too much haste and might amount to throwing good money from taxpayers after bad investments from Wall Street gamblers.
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Members of both parties, doing a quick political post-mortem, said those who voted no had encountered too much hostility for the bill among their constituents, and were worried that a vote in favor would be political suicide.
Your comments, please.
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This is one of the clearest messages that Congress ever received. This is a constituent based vote and it emasculated the congressional wise guys. The Bush, Paulson, Bernanke and media based fear may not materialize into the breakdown that they all insisted will occur. As the value of assets fall so does the cost of commodities and chief among these costs is energy and that is a very good thing. What has them really shaken up is that tax revenues will decrease and that is lethal for government expansion. Yes, it does have negative consequences but there are several silver linings that are certain to emerge.