Thanks to a angry Republicans in the House, angered over remarks made by Nancy Pelosi, the stock market tanked today big time - down 777 points, and that drop represents $1.2 Trillion in reduced stock value.
The GOP leadership line is that a speech by Speaker Nancy Pelosi (D-Calif.) prior to the vote was overly partisan and persuaded enough Republican members to vote no that it effectively killed the bill. "I do believe that we could have gotten there today had it not been for this partisan speech that the speaker gave on the floor of the House," said Minority Leader John Boehner (R-Ohio) after the failed vote on the bailout package. His leadership colleagues endorsed the opinion.
Americans holding stock, and that includes millions of Americans who hold stocks in their 401Ks and other retirement plans, saw the value of their nest eggs shrink dramatically in just one day today -- as Republicans in Washington expressed their anger over Democrat's remarks.
On top of angry House Republicans voting no on today's bailout bill, and doing a number on Americans "Terminator-style," we have another sign of Republicans acting out in anger against everyday Americans -- the Master terminator California Governor Arnold Schwarzenegger has vetoed a bill to protect your right to voter information because of the protracted California state budget negotiations with Democrats over the last two months pissed him off.
Reliable information may remain hard to come by for decline-to-state voters in California presidential primary elections.
A bill that sought to ease the confusion experienced by poll workers and independent voters during February's presidential primary was vetoed over the weekend by Gov. Arnold Schwarzenegger.
It would have required poll workers to notify independents in writing of their right to a ballot from any party that allows decline-to-state voters. The Republican Party does not allow independents to vote in presidential primaries, while Democrats do.
Secretary of State Debra Bowen said many decline-to-state voters were mistakenly told they could not vote a Democratic ballot during the Feb. 5 presidential primary.
Schwarzenegger says the voter bill isn't a high priority because he has so many other bills to review after this year's long budget delay.
The next California primary is two years away, but Arnold chooses to veto this bill now?
Shame on those Democrats for trying to protect funding for California schools and for trying to take away the yacht tax loophole... Arnold will show them, he'll piss all over their right to accurate voter information, and veto a bill that would protect all Californians.
Just another sign that the Republican "Contract on America" is alive and well, and at stake in the November election.
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