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Bailout Vote

Illinois Reps Vote For Bailout 13-6

Crain's Chicago Business | Greg Hinz and Paul Merrion | Posted 05.25.2011 | Chicago

Collectively holding its nose but voting yes anyhow, the House of Representatives has taken final action on a revised $700-billion financial bailout p...

Bailout Is Capitalism Murdering Democracy

David Sirota | Posted 05.25.2011 | Politics
David Sirota

The Wall Street bailout bill is a lot of things -- a giveaway, a heist, a legislative manifestation of crony corruption. But it's structure is pure authoritarian capitalism.

Is The Rage Against The Bailout Plan Reasonable?

Wall Street Journal | James Stewart | Posted 05.25.2011 | Business

They're angry and they're not going to take it anymore. That's the message opponents of the proposed financial rescue, now widely derided as a bailou...

I'd Post About David Gergen Calling The House Bailout Vote "Shockingly Irresponsible," But It's Probably Not A Good Idea To Offend Anyone Right Now

Huffington Post | Rachel Sklar | Posted 05.25.2011 | Media

Local GOP Reps Blasted For Bailout Votes

Crain's Chicago Business | Paul Merrion | Posted 05.25.2011 | Chicago

Five Illinois Republicans who helped defeat the Bush administration's financial rescue bill are under pressure by the National Assn. of Manufacturers ...

Main Street and Wall Street -- We're in This Together

Tom Donohue | Posted 05.25.2011 | Business
Tom Donohue

The defeat of the financial rescue plan in the House of Representatives on Monday dealt a needless blow to an already faltering economy. Investors lost $1.2 trillion in wealth.

What the Failure of the Bailout Package Means to the Presidential Race

Robert Creamer | Posted 05.25.2011 | Politics
Robert Creamer

It was the right-wing Republicans who prevented the success of yesterday's publicly unpopular bailout -- and ironically, it will be the fortunes of the right that suffer most as a result. Here's why.

Putting Policy over Politics

Doug Schoen | Posted 05.25.2011 | Politics
Doug Schoen

The recent effort to repair the country's ailing financial system was a perfect opportunity to make historic progress in ending the vicious partisanship that has characterized Washington for decades.

Jason Linkins

Rep, James Clyburn: To Pass Bailout, Add Bankruptcy Provisions Opposed By Obama | Jason Linkins | Posted 05.25.2011 | Politics

Representative James Clyburn came to the defense of House Democrats this morning, telling MSNBC's Joe Scarborough that after all the votes are tallied...

Machiavellian, Again

Bill Marovitz | Posted 05.25.2011 | Politics
Bill Marovitz

If I were a McCain strategist, I would find any excuse to keep the bailout proposal from passing and send panic throughout the markets. Then, I would have my favorite presidential candidate ride in, dressed like a white knight.

Bailout Break Down: How Illinois Voted

Posted 05.25.2011 | Chicago

"The surprise failure of the bailout bill yielded a rare totally mixed roll call from the 19-member Illinois House delegation, with the results mirror...

Joe Klein: McCain's "Puerile Histrionics" On Bailout Only Hurt

Time | Posted 05.25.2011 | Politics

I don't blame John McCain for not rounding up enough Republican votes to get this bailout bill through the House of Representatives--he's not a member...

House Bailout Vote: The Uprising Comes to Wall Street and Washington

David Sirota | Posted 05.25.2011 | Politics
David Sirota

Will the Democratic leadership make this bill a vehicle for the kind of New Deal-style investments and regulations that are necessary to start rebuilding this country, and pass this bill with full Democratic support?

Sam Stein

McCain: Now Is Not The Time For Blame, But I Blame Obama | Sam Stein | Posted 05.25.2011 | Politics

At 5:15 p.m Monday evening, Sen. John McCain addressed a pool of reporters in Ohio, declaring that it was not the appropriate time or place for people...

Seth Colter Walls

GOP Blames "Partisan" Pelosi Speech For Sinking Bailout Package | Seth Colter Walls | Posted 05.25.2011 | Politics

At a press conference held mere moments after Monday's defeat of the $250 billion bailout proposal, several top Republicans nominated a scapegoat for ...

Jason Linkins

Bailout Bottom Line: The Safer The Seat, The Closer To Yes | Jason Linkins | Posted 05.25.2011 | Politics

Once the press is finished chewing over whether it was the monolithic left or the monolithic right that doomed the passage of whatever rough beast had...

What's Next In The Wall Street Crisis With A Dead Deal?

Huffington Post | Dave Burdick | Posted 05.25.2011 | Business

Today, the House of Representatives denied the bailout deal negotiated by Treasury Secretary Henry Paulson, President George W. Bush and Congressional...

The Failure of "Because I Say So"

Harry Shearer | Posted 05.25.2011 | Politics
Harry Shearer

As an American typically ignorant of the arcane ways of the financial wizards, what was missing for me in the scare talk last week was somebody who could put the danger in concrete terms.

GOP Fallback: When In Doubt Blame Pelosi

Robert Reed | Posted 05.25.2011 | Chicago
Robert Reed

If the ultra-conservative GOP wing has a real plan for rescuing this economy then let's see it. If not, then let's go with this plan and move on. But don't insult the country, or waste its time, with this political nonsense and talk of bruised feelings.

Worse than Hoover

Jacob Heilbrunn | Posted 05.25.2011 | Politics
Jacob Heilbrunn

So the verdict is in. The House's failure to pass the bailout bill means that George W. Bush's record will not be as bad as Herbert Hoover's. It will be worse.

How Politics Trumped Governance

Ron Suskind | Posted 05.25.2011 | Politics
Ron Suskind

So, how did we get a war inside the Republican party that may leave the economy in shambles? Look to the end of last week, when McCain made his odd Washington cameo.

Sam Stein

Ed Rollins: Failure Of Bailout Will Hurt McCain | Sam Stein | Posted 05.25.2011 | Politics

A prominent GOP strategist said on Monday that John McCain handled his role in the bailout process poorly and would ultimately be hurt politically by ...