Leave a Comment

House Votes Against Kleptocracy, Puts Obama's Economic Team on Notice
Open Left - Front Page — ... What's great about this vote is its juxtaposition of true bipartisanship with Beltway buypartisanship. Indeed, as the roll call shows, the House vote for the resolution of disapproval forged a coalition of about a third of the Democratic caucus, and most of the Republican conference - all voting for a progressive cause: namely, preventing Wall Street from ripping off the American taxpayer. Though we are led by the media to believe that "centrism" means corporatism, this vote is the kind of populist bipartisan coalition that reflects the real centrism in the country at large - a ...

Progressive Democrats Vote for Bailout; Blue Dogs Don't
FiveThirtyEight: Politics Done Right — The House today held an entirely symbolic vote on whether to extend to the Obama administration the second half of the $700 billion authorized for the Troubled Assets Relief Program (TARP), better known as the financial sector bailout. By a 270-155 majority, the House voted to block the second half of the bailout funds from being released. As I mentioned, however, this was entirely a symbolic gestures: both chambers of Congress would have had to vote to block the bailout to prevent its continuance, and with the ...

NRCC Already Screwing Up Campaign
Daily Kos — ... Well, as it turns out, every Democrat the NRCC targeted with their release voted for the "TARP disapproval" bill, blocking the release of the second $350 million. That included the following Democrats: ...

TARP disapproval passes in the House. And?
Daily Kos — ... outlined in Section 115 the bill. If the Congress passed such a resolution within 15 days of the President's submission of the Secretary's report, the second $350 billion could be blocked. Unless the President -- whomever it was at the time -- vetoed the resolution, which he'd get a chance to do because it had to be a Joint Resolution, which requires his signature to have the force of law. Still with me? So yesterday, the House voted on and passed, by a vote of 270-155, H.J. Res. 3, disapproving in the agreed-upon form the release of the second ...

Giving Gillibrand a Chance
Open Left - Front Page — ... voted in favor of Barney Frank's oversight bill on Wednesday, and then voted against the release of the second half of the funds yesterday. This makes Gillibrand one of about only 40-50 House Democrats who would have voted the same way I would have voted across all four of those bills. ...

How Many House Democrats Really Regret Giving Bush That Bailout?
TPM Election Central — ... the financial bailout last October but changed their minds yesterday, when the House passed a resolution disapproving of President Obama's request for $350 billion more: ...

A More Complete Look At House Bailout Voting
Open Left - Front Page — ... who are affiliated with the DLC. Looking at all three votes and all three ideological caucuses, the picture becomes a lot more complicated: Consider the first bailout, which was defeated: New Democrats: 62.71% yes Blue Dogs: 59.57% yes   Progressives: 47.76% yes Second bailout vote, which passed: New Democrats 79.3% (46-12) Progressive Caucus 69.4% (50-17) Blue Dogs 63.8% (30-17) Third vote, including New Democratic caucus: Progressives: 76.6% (49-15) New ...

1/26: Let's Agree To Disagree
Blogometer — ... , and then voted against the release of the second half of the funds yesterday . This makes Gillibrand one of about only 26 House Democrats who would have voted the same way I would have voted across all four of those bills." THOUGHT OF THE DAY: Thoughts On Revolutionaries ...

NY Dem: 'A Lot of People' Mulling Challenge to Gillibrand
TPM Election Central — ... "As one who represents New York City, her vote against funding to save the financial system of our country" is troubling, Maloney said. Gillibrand voted against George Bush's initial banking rescue plea as well as last month's $350 billion bailout request by Barack Obama. ...

Open Season on Ron Kind!
Open Left - Front Page — ... 24 Democrats voted against the Helping Families Save Their Homes Act, even after the bill was changed at the behest of a coalition of New Democrats and Blue Dogs. Here is a list of these twenty-four Democrats, along with their three votes on TARP. This way, we can see which Democrats want to give money to Wall Street, but don't want to give money to homeowners: The votes are here: 1--Bailout #1, September 29th 2--Bailout #2, October 30th 3--Bailout #3, January 28th In every case, a "Y" refers to the vote that gave money to Wall ...

Budget Spending Specifics
Open Left - Front Page — ... In the unlikely event that such a request was made, it is highly unlikely that such a request would ever pass Congress. In the House, the second $350 billion in TARP funds only garnered 155 "yea" votes back in January, 63 short of a majority. Voting for additional bank bailouts is political death for endangered Democratic members of Congress, and would cost President Obama a huge amount of political capital. It isn't going to happen. ...