The bailout has left the Nation's economic future uncertain and the Republican Party is bearing the blunt of the blame after nay vote on the bailout bill.
"The Republican Party is in a near state of complete collapse," remarks Marc Ambinder of Atlantic Online. Such a statement bears much weight in the aftermath of the bailout vote, as the GOP struggles to save face. Party leaders understand that something must be done to deal with the economic crisis, but aren't willing to vote for a solution if they believe that it's bad legislation. Why is it difficult for people to understand that that Republicans want to fix this economic mess we're in, but won't pass bad Law?
Underlining the distress of the party, John Ibbitson of Globe and Mail said, "The schism reinforces doubts about the ability of Republican presidential candidate John McCain to unite his party, or to weather this storm politically."
The bill, having support from the President had opposition on both sides of the fence, it's defeat putting the Commander-In-Chief in a position of pleading to the Congress as well as the US citizens, but such pleas went largely unheard. "If there was any doubt that President George W. Bush had been left politically impotent by his travails over the past few years and his lame-duck status, it was erased Monday," said Jackie Calmes of the International Herald Tribune.
No comments:
Post a Comment