Dole To Vote Against Bailout

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Posted: 5:15 PM Oct 1, 2008
Last Updated: 5:15 PM Oct 1, 2008
Reporter: Dave Jordan

9 comments

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Republican Sen. Elizabeth Dole says she will vote against a revised $700 billion bailout of the nation's financial industry.

Meanwhile, Dole's Democratic challenger in her tight bid for re-election declined to take sides as the historic measure heads for a vote.

Dole said Wednesday the measure is "a government takeover of our economy with no protection for taxpayers." She does consider the relief package an improvement over a proposal that failed earlier this week in the House.

The Senate is expected to vote Wednesday night on the bailout
package.

Dole's challenger, Democratic state Sen. Kay Hagan, said Wednesday she wanted to see the final measure before taking a position. She also declined to voice an opinion on the bailout plan voted down by the House.

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Comments are posted from viewers like you and do not always reflect the views of this station.

Posted by: Devil Dog Location: New Bern on Oct 2, 2008 at 03:18 AM
The mortgage "gaggle" started in 1971 and "burst" in 2007. Our local, state and federal governments loved it because they received more property tax revenue. The politicians loved it because of earmarks for their districts and states. More tax revenue means more "birdfeed" in the "birdfeeder". Just remember, what goes up...must come down. I think it's one big PONZI SCHEME. This bailout helps for about 6 months, then all "hell" will break loose. Everyone enjoyed the good times now be prepared for the bad times.

Posted by: Blog Refuter Location: NC on Oct 1, 2008 at 10:44 PM
And I am going to vote against Dole. Hahahahahahaha...This is going to be one fun election season. hahahaha...

Posted by: VBush Location: MHCY on Oct 1, 2008 at 08:06 PM
Sounds like Kay Hagan is just like every other Democrat. Put your finger up, see which way the wind is blowing, check the polls, vote present. No conviction or belief in what you stand for. Fred, Fountain boats will just be another in the long line of Carolina boat manufacturers to fall on hard times. Grady White, Parker, Regulator, World Cat, Albemarle all started laying off or shutting down months ago....oh yeah, Hatteras too. They have either cut back on production, stopped production or laid off hundreds. It takes too much gas to run these boats and at over 4.00 a gallon it costs hundreds of dollars to make one trip off shore. As long as the economy is in the 'tank' businesses that are based on WANTS will go down. Nobody NEEDS a boat. We just WANT them. We NEED to EAT, go to work, pay the mortgage etc.

Posted by: Fred Location: Washington on Oct 1, 2008 at 07:15 PM
Does anybody know Idiot Dole's office number. I would like to tell her she lost my vote in the next Senate Election. No? Maybe she would like to know whats it is like to be unemployed. It is already hitting home now there goes Fountain Boats. First to go who is next?

Posted by: Laverne Location: Greenville , NC on Oct 1, 2008 at 06:56 PM
(dole), TOO LITTLE, TOO LATE ! THE BEST THING YOU CAN DO FOR THE PEOPLE IS RETIRE!

Posted by: Mr. Bob on Oct 1, 2008 at 06:48 PM
We need to vote Dole in for another term. An honest woman she is.

Posted by: WOLFGANG Location: CHOCOWINITY on Oct 1, 2008 at 06:28 PM
Back in the 1800's the Irish Potato Famine. Over 24 Million Irish starved to death. The British Govt. said let them all die it is there fate,and they all did over 24 Million Irish starved to death. The British Govt. could have fed them while they grew new crops. The British Govt. chose not to. The result 24 Milloin dead souls what a price to pay. If the US Govt. does not help out the American People in this economic disaster. Get ready to lose your job and see your familly starve to death too. There will not be 1 job to find or get. Thats is your fate.

Posted by: Anonymous on Oct 1, 2008 at 05:47 PM
Send a strong message to Washington, vote out all incumbents. Clean house!!

Posted by: KATHY Location: NEWPORT on Oct 1, 2008 at 05:34 PM
GOOD FOR HER....THERE IS NO REASON OUR GOVERNMENT SHOULD BE BAILING ANYONE OUT WITH THE DEFICIT WE HAVE GO DOLE.....

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