Most Missouri lawmakers oppose bailout measure
WASHINGTON (AP) _ Most of Missouri's congressional delegation voted against the Wall Street bailout legislation.
The measure that Congressional leaders spent all weekend negotiating failed 228-205 in a mid-afternoon House vote Monday.
Five of Missouri's House members rejected the $700 billion rescue plan, while four came out for it.
Those favoring the bill include Republicans Roy Blunt and Jo Ann Emerson and Democrats Russ Carnahan and Ike Skelton.
Those opposing it include Republicans Kenny Hulshof, Sam Graves and Todd Akin. Democratic Reps. Williams Lacy Clay and Emanuel Cleaver also voted no.
Blunt, the No. 2 GOP leader, was part of the group that worked to negotiate a compromise.
The bailout plan is unpopular, but House leaders say it's necessary to prop up shaky financial institutions and free up frozen lines of credit.
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For the FIVE that opposed the bail-out bill I hope they will have justification for their action to constituents.
Posted by apmastrangelo on September 29, 2008 at 7:54 p.m. (Suggest removal)When the current economic dilemma gets worse, and it will, those not supporting some form of bail-out can explain what legislation they are going to propose in order to stabilize a already critical situation.
The conduct of these elected officials in dealing with this matter is a clear indicator as to whether they are doing their job and looking out for the country, or hiding out from making difficult decisions in order to protect their political back-sides.
namajnin - You are exactly right. For the record I in principal do not like the bail-out concept but at this juncture it is the lesser of two evils. Once the bill provided for a recovery process and or insurance type design it became less objectionable.
I would like nothing better than to see every one of the SO-B's causing this mess put away at hard labor for a minimum of 50 years. At least then others ever having the same idea would have something to think about; unfortunately wish-full thinking.
One thing is certain "something" best happen soon or we are all in for a much longer down hill ride on this coaster.
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