Feingold, Cantwell, Sanders opposed Bailout
By coincidence (or not,) Feingold used to be described as the 'poorest' man in the Senate - the one who won't accept lobbyist gifts, isn't a billionaire - or even a millionaire - and who won't even allow friends to buy him dinner. Feingold can't be bought. Imagine if we had a senate full of men of his caliber.
Of the freshmen senators, Tester and Independent Bernie Sanders (both voted against the bailout,) are probably the most economically in sync with angry taxpayers... and perhaps more in touch with the pain out here.
From a Forbes article "Meet Senator Millionaire":
Not all the freshmen senators have struck gold, however. Jon Tester, the flat-topped senator-elect from Montana, is as humble as his man-of-the-people image suggests.
He told The New York Times that he has earned barely $20,000 a year farming in the last decade. Aside from his ranch, which is valued at $600,000 to $1 million, he owns shares in just one stock, American Electric Power, and a stake in a bond fund. His securities portfolio is worth no more than $30,000 and as little as $2,000.
Rep. Bernie Sanders, a self-described democratic socialist who trounced millionaire Rich Tarrant in Vermont's Senate race, seems to live a spartan life, in accordance with his political beliefs. Aside from a Burlington condominium valued at $100,000 to $250,000, he had just $31,000 to $115,000 stashed in a credit union and a retirement account.
Twenty-five senators voted against the government bailout. How did yours vote? How much are they worth?
My Indiana senators - one Democrat, one Republican (both rich) voted in favor. And with this vote - as I promised when I wrote to them - they have lost any and all support from this Independent voter. I will not forget. And I will be the first to remind them of their votes when the dollar eventually collapses.
And of course... they will neither listen nor will they care. I don't belong to the club.
Senator Russ Feingold said the following:
"I will oppose the Wall Street bailout plan because though well intentioned, and certainly much improved over the administration’s original proposal, it remains deeply flawed. It fails to offset the cost of the plan, leaving taxpayers to bear the burden of serious lapses of judgment by private financial institutions, their regulators, and the enablers in Washington who paved the way for this catastrophe by removing the safeguards that had protected consumers and the economy since the great depression. The bailout legislation also fails to reform the flawed regulatory structure that permitted this crisis to arise in the first place. And it doesn’t do enough to address the root cause of the credit market collapse, namely the housing crisis. Taxpayers deserve a plan that puts their concerns ahead of those who got us into this mess."Here is the Senate roll call from the government bailout bill:
-Senator Russ Feingold, October 1, 2008
Democrats who voted Yes
Akaka, Hawaii; Baucus, Mont.; Bayh, Ind.; Biden, Del.; Bingaman, N.M.; Boxer, Calif.; Brown, Ohio; Byrd, W.Va.; Cardin, Md.; Carper, Del.; Casey, Pa.; Clinton, N.Y.; Conrad, N.D.; Dodd, Conn.; Durbin, Ill.; Feinstein, Calif.; Harkin, Iowa; Inouye, Hawaii; Kerry, Mass.; Klobuchar, Minn.; Kohl, Wis.; Lautenberg, N.J.; Leahy, Vt.; Levin, Mich.; Lincoln, Ark.; McCaskill, Mo.; Menendez, N.J.; Mikulski, Md.; Murray, Wash.; Nelson, Neb.; Obama, Ill.; Pryor, Ark.; Reed, R.I.; Reid, Nev.; Rockefeller, W.Va.; Salazar, Colo.; Schumer, N.Y.; Webb, Va.; Whitehouse, R.I.
Democrats who voted No
Cantwell, Wash.; Dorgan, N.D.; Feingold, Wis.; Johnson, S.D.; Landrieu, La.; Nelson, Fla.; Stabenow, Mich.; Tester, Mont.; Wyden, Ore.
Democrats Not Voting
Kennedy, Mass.
Republicans voting Yes
Alexander, Tenn.; Bennett, Utah; Bond, Mo.; Burr, N.C.; Chambliss, Ga.; Coburn, Okla.; Coleman, Minn.; Collins, Maine; Corker, Tenn.; Cornyn, Texas; Craig, Idaho; Domenici, N.M.; Ensign, Nev.; Graham, S.C.; Grassley, Iowa; Gregg, N.H.; Hagel, Neb.; Hatch, Utah; Hutchison, Texas; Isakson, Ga.; Kyl, Ariz.; Lugar, Ind.; Martinez, Fla.; McCain, Ariz.; McConnell, Ky.; Murkowski, Alaska; Smith, Ore.; Snowe, Maine; Specter, Pa.; Stevens, Alaska; Sununu, N.H.; Thune, S.D.; Voinovich, Ohio; Warner, Va.
Republicans voting No
Allard, Colo.; Barrasso, Wyo.; Brownback, Kan.; Bunning, Ky.; Cochran, Miss.; Crapo, Idaho; DeMint, S.C.; Dole, N.C.; Enzi, Wyo.; Inhofe, Okla.; Roberts, Kan.; Sessions, Ala.; Shelby, Ala.; Vitter, La.; Wicker, Miss.
Others (Independent) voting Yes
Lieberman, Conn.
Others (Independent) voting No
Sanders, Vt.
Labels: government bailout, Senate, Senator Bernie Sanders, Senator Maria Cantwell, Senator Russ Feingold, Wall Street
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