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[Steve-o]

*ahem* The bailouts were before Obama was in office.

[The Gr8est]

Originally Posted by Steve-o

*ahem* The bailouts were before Obama was in office.

As President, but he still had an opportunity to vote "present" on them like he did most bills as a senator.
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[Steve-o]

Originally Posted by The Gr8est

As President, but he still had an opportunity to vote "present" on them like he did most bills as a senator.
Posted via Mobile Device

There is no "present" vote in the US Senate.

[BradyLady12]

...Congress was responsible too. More so the Senate as it had trouble in the House at first.

The Facts

In the lead-up to the September 29 vote, which failed after 133 Republicans and 95 Democrats voted against it, both Obama and McCain were measured in their comments about the bill. Obama, however, appeared to come very close to an endorsement of it Sunday, September 28, on CBS's "Face the Nation": "My inclination is to support it because I think Main Street is now at stake," Obama said.

The same day, McCain seemed to voice qualified support for the bailout. "This is something that all of us will swallow hard and go forward with," he said on ABC's "This Week." "The option of doing nothing is simply not an acceptable option."

Both Obama and McCain outlined details they'd like to see Congress add and ultimately said changes that were made to the plan made them more comfortable supporting it. On September 24, the two issued a joint statement, saying "(t)he plan that has been submitted to Congress by the Bush administration is flawed, but the effort to protect the American economy must not fail."

Both McCain and Obama traveled to Washington to meet with President Bush and congressional leaders, both were in contact by phone and in person with Treasury Secretary Henry Paulson and both called for bipartisan action on the plan.

The Verdict: Misleading. Obama and McCain made similar comments expressing qualified support for the bailout prior to the House vote.

http://politicalticker.blogs.cnn.com...-bailout-bill/

October 1st, 2008

Noth Senator McCain and Senator Obama were back in Washington, DC today to vote on the Senate’s version of the proposed $700 billion Wall Street bailout proposal. The Senator version will now be sent to the House, however, both Obama and McCain have now taken a position by giving a nod to the legislation. Sen. Joe Biden, Obama’s VP, also voted to approve the bill.

Bipartisan supporters rallied around a unity theme – a stark contrast to the political bickering that marked Monday’s shocking House defeat, reports CBS News correspondent Bob Orr.

From CBS:
The measure did not cause the same uproar in the Senate, where both parties’ presidential candidates, Republican John McCain and Democrat Barack Obama, were making rare appearances to vote their support. That would send the package back to the House, where passage would require a turnaround of 12 votes from Monday’s 228-205 defeat.

http://www.youdecidepolitics.com/200...-bailout-bill/

And then bailouts continued under Obama.

[BradyLady12]

Originally Posted by Steve-o

*ahem* The bailouts were before Obama was in office.

Obama was in office—as a Senator and he supported them. See above.

[Steve-o]

Originally Posted by BradyLady12

Obama was in office—as a Senator and he supported them. See above.

Irrelevant to the initial comment I responded to, which claimed that he "did" the bailouts.

He did not.

[BradyLady12]

Originally Posted by Steve-o

Irrelevant to the initial comment I responded to, which claimed that he "did" the bailouts.

He did not.

False. Presidents don't craft legislation nor originate spending bills.

Article 1 - The Legislative Branch
Section 7 - Revenue Bills, Legislative Process, Presidential Veto

All bills for raising Revenue shall originate in the House of Representatives; but the Senate may propose or concur with Amendments as on other Bills.

Every Bill which shall have passed the House of Representatives and the Senate, shall, before it become a Law, be presented to the President of the United States; If he approve he shall sign it, but if not he shall return it, with his Objections to that House in which it shall have originated, who shall enter the Objections at large on their Journal, and proceed to reconsider it.

If after such Reconsideration two thirds of that House shall agree to pass the Bill, it shall be sent, together with the Objections, to the other House, by which it shall likewise be reconsidered, and if approved by two thirds of that House, it shall become a Law.

But in all such Cases the Votes of both Houses shall be determined by Yeas and Nays, and the Names of the Persons voting for and against the Bill shall be entered on the Journal of each House respectively.

If any Bill shall not be returned by the President within ten Days (Sundays excepted) after it shall have been presented to him, the Same shall be a Law, in like Manner as if he had signed it, unless the Congress by their Adjournment prevent its Return, in which Case it shall not be a Law.

The US Constitution disagrees with you.

[Claremonster]

Originally Posted by BradyLady12

The US Constitution disagrees with you.

Trust me, Steve-o disagrees with the Constitution, too.

[O_P_T]

Originally Posted by Steve-o

Irrelevant to the initial comment I responded to, which claimed that he "did" the bailouts.

He did not.

GM and Chrysler say

[BradyLady12]

Originally Posted by Claremonster

Trust me, Steve-o disagrees with the Constitution, too.

Ron Paul recently said that any student taught by Obama needs to demand a re-fund, after his comment about his HC bill on the SC. I think more than those taught by Obama need a refund too. :p