Anatomy of a Failed Bailout

...Meanwhile, Nancy Pelosi's political opportunism was now going into overdrive. She was hoping to hang the crisis that lead to the bailout around the neck of Bush and the Republicans. Furthermore, she would do everything to minimize the number of Democrats that would vote for the bill hoping that Boehner would pull his weight. As such, we learned from Congressman Defazio that he wasn't whipped. In other words, the Democratic leadership never counted the votes and did little if nothing to twist arms. As it turns out, multiple committee persons and multiple folks from California voted against this measure. It appears that Nancy Pelosi couldn't get members of committees she assigned them and members of her own state to vote for this bill....

Source: The Provocateur (read it)

There is no depth to which the Democrats in Congress will sink to in order to get the Obamessiah elected as President.

The Electoral Map has a neat map of yesterday's NO Votes by Congressional district.

And as further study, I give an article by Thomas Sowell, and another by Mona Charen, a portion of which is reproduced below:

Guilty Party
ACORN, Obama, and the mortgage mess.

By Mona Charen

The financial markets were teetering on the edge of an abyss last week. The secretary of the Treasury was literally on his knees begging the speaker of the House not to sabotage the bailout bill. The crash of falling banks made the earth tremble. The Republican presidential candidate suspended his campaign to deal with the crisis. And amid all this, the Democrats in Congress managed to find time to slip language into the bailout legislation that would provide a dandy little slush fund for ACORN.

ACORN stands for the Association of Community Organizations for Reform Now, a busy hive of left-wing agitation and “direct action” that claims chapters in 50 cities and 100,000 dues-paying members. ACORN is where Sixties leftovers who couldn’t get tenure at universities wound up. That the bill-writing Democrats remembered their pet clients during such an emergency speaks volumes. This attempted gift to ACORN (stripped out of the bill after outraged howls from Republicans) demonstrates how little Democrats understand about what caused the mess we’re in.