The House is getting ready to bend the America people over to vote on the bailout bill. CSPAN has the video feed here.

I keep hearing how awesomely bi-partisan it is and how it helps "the poor people" (according to Barney Frank).

Boehner just said:

I believe Congress has to act. And that means each every one of us has to act. These are the votes that separate the men from the boys…I believe what is in the best interests of our country is to vote for this bill.

Hoyer just said:

This is a day when the Democratic leader and myself rises to meet the Republican leader and speak with one voice. I congratulate Mr. Boehner for his courage and his leadership. And I congratulate my friend Roy Blount…

That’s pretty much when I lost my lunch.

Krugman is sympathetic to the Democratic leadership:

I don’t like it, and I don’t like the plan, but I see the constraints under which Dodd, Frank, Pelosi, and Reid were operating. 

Kos is counting votes before the vote.

Roll call vote to be posted here.


Despite impassioned pleas from House leadership, vote fails — 205 yeas-228 nays.


And the market no likey — down 487 (4.37%).

Blue Texan

Blue Texan