House Republicans hold strong
September 29, 2008 @ 04:44 AMI expected the bailout to pass. I really did. But the Republicans in the House were able to defeat the measure this morning, at least for the moment. Nicely done!.
Now it's time for Americans to dig in and prepare for rough times ahead. Our fast-food, easy-credit society has a hard time accepting that sometimes problems can't be fixed... but this is one of those times. Those of us who oppose this bill do so with full understanding that we're in for some really hard economic situations. But this bailout would have made things worse in the long run for everyone (except, perhaps, a few bankers).