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Franken opposes Wall Street bailout

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JonLP24 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-02-08 02:06 PM
Original message
Franken opposes Wall Street bailout
Source: Star Tribune

ST. PAUL, Minn. - Democratic U.S. Senate candidate Al Franken would have voted against the $700 billion financial industry bailout passed by the U.S. Senate, he said Thursday.

Franken said he felt the bill lacks the regulatory measures to stop a similar Wall Street meltdown in the future, and that he wanted more help for homeowners struggling to pay mortgages.

"We were trying to drain a basement that is filled with water and it's raining out and we have a roof with a huge hole in it," Franken said at a State Capitol news conference. "We're draining the basement without fixing the roof. We needed to fix the roof here."

Franken's opposition puts him on the other side of the issue from his Republican opponent, Sen. Norm Coleman, who voted for the bailout bill Wednesday night. Minnesota's Democratic U.S. senator, Amy Klobuchar, also voted for the bailout.

Read more: http://www.startribune.com/politics/national/senate/30102384.html?elr=KArksD:aDyaEP:kD:aUzyaUiD3aPc:_Yyc:aUU
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mikelgb Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-02-08 02:08 PM
Response to Original message
1. Yay, Al!
Have Norm 'splain his vote
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aquart Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-02-08 02:11 PM
Response to Original message
2. Sensible man.
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Acadia Blue Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-02-08 02:16 PM
Response to Original message
3. Lets all send him a donation. This was just a legal theft of taxpayer dollars
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maddogesq Donating Member (915 posts) Send PM | Profile | Ignore Thu Oct-02-08 10:11 PM
Response to Reply #3
10. Send your money to me...Al Franken! :)
I say let's make that old SNL bit come true. Right on AL!
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pattmarty Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-02-08 03:22 PM
Response to Original message
4. Good for fucking Al. I am surprised, but still, good for him.
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girl gone mad Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-02-08 03:24 PM
Response to Original message
5. Leadership.
This is nice to see.
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superconnected Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-02-08 03:25 PM
Response to Original message
6. Me too! Go AL!
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HopeHoops Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-02-08 03:50 PM
Response to Original message
7. I'm with Al on this one - NO WALL STREET WELFARE! - ahem, sorry about that.
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pleah Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-02-08 04:16 PM
Response to Original message
8. K&R Go Al!
:applause:
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mzmolly Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-02-08 09:56 PM
Response to Original message
9. That's my next Senator!
;)
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Sen. Walter Sobchak Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-02-08 10:15 PM
Response to Original message
11. No Bailouts Period!
Alot of worthless corporations in this country need to die and everyone will be better off for it in the long run.
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bemildred Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-02-08 10:20 PM
Response to Original message
12. Wall Street has committed suicide. Let those f**kers die!
They have been parasites on the US economy for far too long already.
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