I'm not intending this to be a "This is all Bush's fault" post.
But is it possible that the fact HE, with his low numbers, was the one urging it so fervently that made it so distasteful to the American people? Who in turn, complained loudly and thus...the no votes today.
Is it possible that since he was one of the big "sellers" of this bill that people wanted no part of it. I know I myself questioned this bill's necessity until doing more research--and a big reason I questioned it was because Bush was so for it.
This whole thing is making my head hurt.
ETA: Listening to the talking heads right now, many of them are saying the 'no' votes came from people up for re-election and people hoping to move from the House to the Senate.
Could they just not want to be attached to a bill so pushed and urged by the White House and an unpopular president?
And honestly--at this point, what CAN be done to sell this bill to the American public?
Re: How much did W's support for this bill cause it to fail?
I don't mean it necessarily mean W's support made it fail in the eyes of Congress...I mean did his support make it unpopular to constituents, to the general public...who in turn, went to their representatives and complained.
CNN had quite a few stories over the weekend of all the calls voters were making to complain about the bill to their congresspeople about the bill, period.
The fact that many of the 'no' votes (on both sides) came from people up for re-election makes me wonder...
Was it just not sold well enough? Or was it really that bad? And how do we go from the headlines of this morning that it was likely to pass to this?
I'm not completely blaming or scapegoating Bush--I am wondering though if his support made it unsavory for the American people, who then complained to their congresspeople.
my read shelf:
I read Bush's speech on this bailout. It was excellent. He laid it all out in a concise, easy-to-understand way. IMO he only helped the bill. The problem is this is doomed to be unpopular b/c of its very nature.
People don't want a bailout and they don't care how necessary it is. That's why we have a representative gov't. B/c "the people" don't always make the right decisions.
I am torn on it failing for a number of reasons, but seem to keep coming back to the market needs to stabilize itself otherwise, it never will (I view many areas this way). I do not think the bill, as it was written, would help everyone and I read somewhere (I will try to find a link) that people would still lose their homes, even with the bill. I also feel it was rushed without fulling vetting the programs/aid that were being put in, imo, and was a problem, imo.
We do NEED a bill, though, so this is why I am torn.
Deductive reasoning isn't a conservative or liberal attribute. ~epphd