Very strange bedfellows

[Jim Hand]

We have all heard the saying about politics making for strange bedfellows, but the failed bailout bill brought it to new heights.
You saw Barney Frank and Nancy Pelosi working to get approval for a bill first proposed by the Bush administration.
Then you had ultra liberal Rep. Dennis Kucinich voting along with the most conservative members of the House to defeat it.

[Anna DeMarinis]

The fact that 95 Democrats voted against the bailout bill is very telling. Yesterday’s 777 point drop was about 7% of the stock market's value. The October 1987 drop was about 22% of the market's value. Yesterday didn’t even rise to the top ten drops as a percentage of market value so the graphic in the Sun Chronicle story today is a bit misleading. I say let the market work its way through this. Let the companies that took many bad loans fail or be bought out. Kill Fannie Mae and Freddie Mac and let them become private corporations. They will sink or swim on bad or good business decisions, not taxpayer bailouts.

[mike wilson]

I'd say it is a pretty good indication of just how bad the bill is in that it tries to appeal to all and results in appealing to none. Conservative republicans hate it because it is government intervention in the markets and Kucinich opposed it because he sees it as a handout to wall street.