Congressman Murphy Votes Against Bailout Bill
With 1,500 indignant calls and e-mails six weeks before Election Day, there was no mystery left for U.S. Rep. Tim Murphy when it came to how to vote on the Economic Stabilization Act of 2008 -- the one his constituents called simply The Bailout.
"I've never heard someone get to Congress saying, 'Elect me and I'll make sure we have more mortgage-backed securities to base our economy on,' " the South Hills congressman said yesterday. Moments earlier, Mr. Murphy and 227 other House members -- most of them rank-and-file -- turned back the Bush administration's plea for $700 billion to rescue the credit market.
Link: www.postgazette.com/pg/08274/916152-28.stm
Link 2: community.post-gazette.com/blogs/earlyreturns/archive/2008/09/29/altmire-murphy-vote-nay.aspx
"I've never heard someone get to Congress saying, 'Elect me and I'll make sure we have more mortgage-backed securities to base our economy on,' " the South Hills congressman said yesterday. Moments earlier, Mr. Murphy and 227 other House members -- most of them rank-and-file -- turned back the Bush administration's plea for $700 billion to rescue the credit market.
Link: www.postgazette.com/pg/08274/916152-28.stm
Link 2: community.post-gazette.com/blogs/earlyreturns/archive/2008/09/29/altmire-murphy-vote-nay.aspx
Labels: bailout, congressman tim murphy, economy