Monday, September 29, 2008
Carson For The Bailout Bill Before He Voted Against It
Just last week, Andre Carson was interviewed on National Public Radio's "Politics & Society" as the newest member of the congressional black caucus and a member of the House Financial Services Committee. He was asked, "Do you plan to support the President's bailout plan?" Carson responded, "Well, you know, the short answer, yes. Not happy with everything that's in the language right now in the proposal, but we have to do it to help fellow Americans." Today, Carson voted against the bailout bill, which went down to defeat 228-205 and sent the stock market plummeting to its biggest single day loss in history. Now, to be fair to Carson, he went on to add some conditions he wanted in the bill, such as going after golden parachute contracts for CEOs, home foreclosure protections and guaranteed participation in the asset management by minority and women-owned asset managers. The first two were clearly addressed in the proposal voted down today. I'm not sure about the MBE/WBE participation part. According to the Star, Carson was joined by Democrats Pete Visclosky, Baron Hill and Republicans Dan Burton, Steve Buyer and Mike Pence in voting against the bailout bill. Republican Mark Souder and Democrats Joe Donnelly and Brad Ellsworth voted for the bailout. Souder is facing a tough re-election fight. He clearly put the country's best interest ahead of political expediency. As for Carson, so much for that "bold leadership" he promised when he ran for his grandmother's seat. You can bet he and his family won't be anywhere near his Fall Creek neighborhood if all hell breaks loose as a result of a catastrophic collapse of our financial system.