franken100308
On the homepage
Vikings
Out There
Pardon Board
Petters
Home | Politically Connected | National Politics | U.S. Senate
Franken opposes bailout bill
He blames Coleman, Bush for financial mess, and says he would have rejected the bailout, but declines to fault those who voted in favor.
Print this story
E-mail this story
Save to del.icio.us
Share on Facebook
Share on Digg
FRANKEN OPPOSES BAILOUT BILL
Democratic U.S. Senate candidate Al Franken had harsh words for the economic rescue bill that passed the Senate on Wednesday night, calling it a "sacrifice at the altar of financial mismanagement" and a "terrible end to a terrible presidency."
Franken said he would have voted against the compromise bill and held out for additional oversight, re-regulation of markets and foreclosure aid for the ailing housing market.
Franken said the vote was a "tough call -- that's why I'm not blaming anyone for this vote." However, Franken did assign special blame to his GOP rival, Sen. Norm Coleman -- who voted for passage -- for having supported Bush administration economic policies.
Coleman spokesman Mark Drake said Franken's opposition to the bailout bill "demonstrates how uncompromising he is. He would rather see this fail because it doesn't have absolutely everything he wants."
PATRICIA LOPEZ
Recent U.S. Senate stories
Senator: Oversight needed at ailing pension agency, controversial contracts should be rebid - October 2, 2008
Senator: Oversight needed at ailing pension agency, controversial contracts should be rebid - The rapidly deteriorating financial health of the federal agency that guarantees 44 million Americans' pensions is raising alarms in Congress, where key lawmakers are demanding tougher rules to insure vigilant oversight of its multibillion-dollar investment portfolio. More
The Whistleblower blog has moved
The Star Tribune is still blowing the whistle, but our look and location have changed. Click here to get to the new blog. If you want the actual URL, it’s www.startribune.com/blogs/whistleblower.html. Our blog posts will now be easier to search on the web site, but you’ll need to register to post a comment. In the [...]
Recent posts
 Find Your Next HomeSearch realtor represented & for sale by owner homes in the Twin Cities. Plus, find open house listings. |
Win tickets to Vita.mn's second annual Snowball: An Old School Funk and Rollerdisco at St. Louis Park's Roller Gardens.Vita.mn and Ragstock present the second annual Snowball: An Old School Funk and Rollerdisco at St. Louis Park's Roller Gardens on Dec. 11. |
Comment on this story | Read all 40 comments | Hide reader comments