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[Gopher]

[mises]

I suppose. But that does not mean it will either achieve the desired effect or not make things worse.

[Gopher]

For that we must wait and see.

[Ya-ta Boy]

The 74-25 roll call by which the Senate approved a $700 billion rescue package for Wall Street aimed at preventing a credit crisis...

Voting "yes" were 39 Democrats, 34 Republicans and 1 independent.

Voting "no" were 9 Democrats, 15 Republicans and 1 independent.

Alabama

Sessions (R) No; Shelby (R) No.


http://news.yahoo.com/s/ap/senate_rollcall_financial_meltdown

The rest of the article is a roll call by state if anyone is interested in how their senators voted.

Here is some info on what has been going on in the House in the meantime.

The White House and congressional leaders already have made up their minds. Confronted with the defeat of an earlier measure in the House this week and increasingly urgent warnings of economic hardship, they've begun rounding up votes the old-fashioned way.

They're buying them.

A revised bailout bill includes tens of billions of dollars in tax breaks for the middle class, for homeowners who don't itemize their deductions, and for property owners in Alaska, Florida, Nevada, South Dakota, Texas, Washington and Wyoming.

Add on the $3 billion funding dollop for rural school programs over the next five years. And another $8 billion over the same period in disaster aid, much of it for Midwestern states. And toss in unrelated legislation, far-reaching in its own right, requiring insurance plans to provide better benefits for mental health.

None of these has any direct bearing on the problem afflicting Wall Street and the entire economy. Yet in the currency of Congress, each is rapidly becoming part of the solution.


http://news.yahoo.com/s/ap/meltdown_stakes_analysis

It isn't pretty, but this is the usual way bills get passed in Congress.

[bacasper]