Stampeded by Fear, Scammed by Lies: Why the Bailout Failed
Posted on September 30th, 2008 by Walter Brasch
The Republican leaders of the House of Representatives grabbed a half dozen bags of sincerity, looked directly into every TV camera they could find, and lied.
The House had just defeated, 228–205, a bipartisan $700 billion bailout bill. But it was the Democrats who were the subject of vicious rhetoric.
Speaker of the House Nancy Pelosi (D-Calif.) [...]
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Filed under: Bush Admin, Congress, Consumers, Credit Crisis, Democrats, Economy, Election '08, George W. Bush, House of Reps, In The News, John McCain '08, Politics, Rep. Nancy Pelosi, Republicans, Wall Street, Walter Brasch
