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Senator Jim DeMint explains his NO vote on bailout bill

 
 
 
 
 
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October 7th, 2008 e-mail from Senator Jim DeMint of South Carolina explaining why he voted "NO" on the FED Bailout bill.

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11/20/2008

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4freedom

4freedom

Since DeMint voted against this bill, he should be up for adding his name as a co-sponsor to the stop the $350 billion second half of this bill's money being released. The bill he needs to be on in its entirety: H. J. RES. 101 Relating to the disapproval of obligations under the Emergency Economic Stabilization Act of 2008. IN THE HOUSE OF REPRESENTATIVES November 19, 2008 Ms. FOXX (for herself, Mr. LAMBORN, Mr. POE, Mr. ISSA, Mr. LATTA, Mr. PAUL, Mr. BARTLETT of Maryland, Mr. FLAKE, Mr. CONAWAY, and Mr. MCCAUL of Texas) introduced the following joint resolution; which was referred to the Committee on Financial Services -------------------------------------------------------------------------------- JOINT RESOLUTION Relating to the disapproval of obligations under the Emergency Economic Stabilization Act of 2008. Resolved by the Senate and House of Representatives of the United States of America in Congress assembled, That Congress disapproves the obligation of any amount exceeding the amounts obligated as described in paragraphs (1) and (2) of section 115(a) of the Emergency Economic Stabilization Act of 2008.

12/29/2008