“The most serious mistake that could be made here today is to blaim free market capitalism for this problem. This has nothing to do with free market capitalism.”
“If you destroy the dollar you’re going to destroy a worldwide economy.”
Go get ‘um Ron Paul! Here is the complete Ron Paul Speech:
Speaker of the House, Nancy Pelosi spoke before the House vote on HR 3997. Republicans are claiming the partisan nature of this speech resulted in the bailout failure.
The House of Representatives vote NAY on the Bailout Bill. Lawmakers can change their vote. The roll call can remain open for another 20 minutes so that some reps could be strong armed to change their vote. The margin of victory for the nay votes is at 23% and it would be extremely difficult to change the minds of enough representatives.
Republicans are blaiming the Pelosi Speech for the bailout failing. For a sound argument against the bailout you can’t beat Ron Paul: Ron Paul speech before the bailout vote.
The DOW is in constant fluctuaion,
now down 513 points
down 504 points. It’s going up and down.
down 507 points.
down 450 points.
The vote is still open until the chair “President of the House” closes it. It will take 13 more members to move over to the Yea side for the Bailout bill to pass.
While writing this one vote has now changed, 227 Nay and 205 Yeah votes. Someone has gotten the strong arm beat down.
Holy Sheep! The vote has changed again! Now it’s 226 Nay and the DOW is down 392.
How many more votes will change I don’t know, but you can bet your Trillion of dollars shady stuff is going on at the voting floor.
UPDATE 3:03pm EST: Speaker of the House Nancy Pelosi Speech declares “Martial Law”?