The Vote on the Bailout

While the economic consequences of the vote will be determined during the coming weeks, the outcome this afternoon was a major setback to John McCain, who had backed the proposal and had portrayed himself as a party leader who would help win approval for the bailout. Instead, members of his own party voted 133 to 65 against the measure.

In contrast, Democrats voted 141 to 94 for the bill.

There very likely will be an attempt to try to pass the bill again, although it is not clear how soon that would take place. Republican Congressman Joe Barton of Texas asked if he could move for reconsideration and if he did, how soon would it be taken up. He was told by House parliamentarians that it would be taken up immediately -- too soon for supporters to regroup -- so he put off his motion.  Read Article Here.

Both Candidates endorsed the deal.  One party voted almost two to one against it, one voted almost two to one for it.  Doesn't this signal who is leading their party and who is out of touch with their party?