Russ Feingold Speaks

Senator Russ Feingold of Wisconsin voted "Nay" to the bipartisan financial bill passed by the Senate 74-25, because "it fails to offset the cost of the plan, leaving taxpayers to bear the burden of serious lapses of judgment by private financial institutions, their regulators, and the enablers in Washington who paved the way for this catastrophe by removing the safeguards that had protected consumers and the economy since the great depression. The bailout legislation also fails to reform the flawed regulatory structure that permitted this crisis to arise in the first place. And it doesn't do enough to address the root cause of the credit market collapse, namely the housing crisis. Taxpayers deserve a plan that puts their concerns ahead of those who got us into this mess."
Now, will the 95 Democrats in the House who voted "No" last Monday have enough political courage to resist the lobbying of their disgraced leadership that sold out to the fat cats?