Obey Speaks Out On Bail Out Bill

Tools

Obey Speaks Out On Bail Out Bill

By KBJR News 1

Story Published: Sep 29, 2008 at 5:19 PM CST

Story Updated: Sep 29, 2008 at 9:22 PM CST

Wisconsin's Seventh District Congressman Dave Obey also spoke out Monday on the failure to pass the bail out bill.

Say that "like most Americans, he's mad as hell that the reckless deregulatory binge of the last decade has led us to the point we find ourselves in Monday."

But he says he reluctantly supported the financial rescue package that was before Congress because it contained provisions offering more protections to the taxpayers than the President's original proposal and the alternative of doing nothing puts the economic security of virtually every American family and business at unnecessary risk.

Add a comment

Name:

Comment: 500 Characters Left

Comments are moderated and will not appear on this story until after they have been reviewed and deemed appropriate for posting.

Northland's NewsCenter and its affiliated companies are not responsible for the content of comments posted or for anything arising out of use of the above comments or other interaction among the users. We reserve the right to screen, refuse to post, remove or edit user-generated content at any time and for any or no reason in our absolute and sole discretion without prior notice, although we have no duty to do so or to monitor any Public Forum.
This content requires the latest Adobe Flash Player and a browser with JavaScript enabled. Click here for a free download of the latest Adobe Flash Player.

Weather Plus

Icon
Current Temp 15 °F
Light Snow
Wind : From the Northwest at 17 Gusting to 24 MPH
Humidity : 67 %
Pressure : 30.44" (1033.8 mb)
More Weather

On Demand

AP Video

Stock Quotes
Local Business Dir