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Partisanship Blocks Bailout.

September 29, 2008

When Monday’s House of Representatives’ vote tally concluded the nays outweighed the yeas and the economic bailout legislation crashed and burned as the Dow Jones plummeted.  No doubt, many members of congress voted against it because “We the People” are tired of bailing out stupid people making very stupid decisions.  But the political reasons should not be ignored, especially when it comes to the democrats’ handling of the situation.  Early Monday, it appeared the votes were there when Speaker Nancy Pelosi decided to take partisan shots at President Bush—before the vote.  You want to talk about a roomful of angry Republicans!  Then, Congressman Barney Frank chose to lecture the legislators and all bets were off as GOPer’s voted 2-1 against the bill.  Especially, since it was Frank, years ago, who pushed for the Community Reinvestment Act which gave houses to anyone and everyone regardless of credit. No doubt, the president wasn’t happy but the speaker lost even more credibility by playing that partisan card when she should have been kissing butt.  Now we get to watch the process repeat itself and I for one am hoping fixes to the errors in the 110 page document will be corrected and certain politicians will keep their mouths shut!Ankarlo’s Take is written for broadcast.  You can hear Ankarlo’s Take below and live at 7:20 during Arizona’s Morning News on News/Talk 92.3 KTAR.

 
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