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...Wall Street bailout plan broke, coffee shops and courthouse-square cafés in the Lone Star State echoed with disgust for it. So great was the outrage that Chet Edwards - whom Speaker Nancy Pelosi once touted for Obama's Vice President - may be dogged by his yes vote on the campaign trail. Edwards, a popular Democratic incumbent in President George W. Bush's home district, was one of nine Representatives out of Texas' 32-person delegation to vote for the bill. (Even four of the five Texas Republicans whom Bush called personally voted against it.) Meanwhile, Democrat Lloyd Doggett...
...have any stocks, do we, Mom?" She said she soft-pedaled any concerns about his college fund to stop the panic. Biehl, whose parents filed for bankruptcy when she herself was in college, wrote: "I briefly explained that it's all cyclical." Still, on the Monday of the vote and subsequent market crash, Biehl took a look at her 401(k) and discovered she had lost $6,300. "But then I thought, I have still doubled my money since I first started investing and - as I wrote in my blog - this too shall pass," she says. While Biehl realizes...
Washington State Jay Inslee was the state's only Democrat to vote against the bailout, putting him at odds with five other Democrats. It's not that Inslee was worried about getting re-elected; he won 64% of the vote in the August primary and is expected to easily win a sixth term representing the First District, which includes well-to-do Seattle suburbs and the high-tech enclave of Redmond, home to Microsoft - an area full of people whose 401(k)s and stock holdings would likely benefit from a bailout. Inslee says that he simply felt the bill...
...there is a third group that "is in favor of doing anything because the situation is so dire. And his name is Bob." Inslee isn't being facetious: it is a group of one, a constituent named Bob, who avidly promotes the view. Inslee hopes to be able to vote yes on a revised bailout bill later this week, but only if it satisfies his concerns. "We'll see what's presented to us," he says. - By Eli Sanders / Seattle...
...country to the brink. "I have to believe that if nothing has happened by Thursday, the market will tank," says Phil Solari, a Marietta resident and registered Democrat. Republicans, he says, "created this mess, and they're now incapable of getting their own people behind the President to vote for this bill. They either didn't understand what it meant to the average person on the street or they didn't care." - By Paige Bowers / Atlanta...