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Who is to blame for the failure of the financial bailout bill? (36 quotes)

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General Comments (14 quotes)

The leaders of both parties failed, many analysts agreed, in bringing the measure to the House floor without knowing whether it had the votes to pass — a bad move at any time, but especially so in this case given the risk of the markets and the badly weakened financial system reacting badly. Read the Article

Quoted by vle on Sept. 29th, 2008

Should the bailout bill have been defeated? (21 quotes)

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No, the economy depends on it (15 quotes)

Still, the imperfections in this bill are the result of a democratic process that can be rethought, revisited and reworked. It is better than nothing, which is what some backward-looking House Republicans gave Americans on Monday. Read the Article

Quoted by vle on Sept. 29th, 2008

Who should be blamed for the current financial crisis? (10 quotes)

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The Bush administration (5 quotes)

Now, we also have to recognize that [this crisis] is a final verdict on eight years of failed economic policies promoted by George Bush, supported by Senator McCain, a theory that basically says that we can shred regulations and consumer protections...it hasn't worked. Read the Article

Quoted by maria on Sept. 29th, 2008

What needs to change in the Paulson bailout plan? (29 quotes)

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More oversight on Treasury Secretary (10 quotes)

Any rescue plan should also be designed to ensure that taxpayers are protected. It should welcome the participation of financial institutions, large and small. It should make certain that failed executives do not receive a windfall from your tax dollars. Read the Article

Quoted by vle on Sept. 25th, 2008

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