$700 Billion Dollar Bailout Voted Down

I am sitting here watching the morning shows and watching the Democrats and the media blame the Republicans for H.R 3997, Financial Services Bill. Both parties are to blame here. This is not a democrat or republican issue, it is the issue of financial stability for our country and the world. But since the media and democrats have decided to point the finger, let's look at the vote tally:

Democrats Yes: 140 No: 95 No Vote: 0
Republican Yes: 65 No: 133 No Vote: 1


In looking at the vote, by the numbers, the Democrats favored this bill more than the Republicans, but let us look at the percentages. 40.4% of House Democrats voted against the bailout package and only 32.8% of House Republicans. Looks to me that a larger amount of Democrats opposed this bailout package than Republicans. This bill needed a simple majority of 218 votes to pass and the Democrats hold the majority in the House with 235 members, yet they could only get 140 of their party members to vote for the package. If the Democrats really wanted to pass this bill, they could have with their majority alone, but yet it failed. This bill could have passed with just 13 more of the Democratic no votes switching to yes. If the Democrats really wanted to get this bill passed, they could have, but they didn't and in typical Democrat fashion they are pointing the finger across the isle. Republicans have been quite vocal about the fact that this bailout is vital to American, but they want to protect American Taxpayers and Companies. This writer knows a bailout is necessary, but I want them to do it right, so we do not have to go through this again. But, one main problem still lies, how did we get here? This video is very eye opening and I urge you all to watch it:

Burning Down The House: What Caused Our Economic Crisis? (scroll down on page for video)

It opened my eyes, I hope it opens yours!