95 Democrats voted down the bailout. These were not moderate democrats rather liberal party hacks. 12 of Franks own committee members voted no. Nancy tried as hard as possible to keep the republicans from voting as well with her “I hate Bush” speech.
Why would they try and kill the vote?
My opinion is this was all a ploy for our pal Obama to come sweeping in to unify the congress and save the day. The republican votes will still be there giving the illusion of Obama unifying the parties. The MSM would love to run with that story and Pelosi would trade a 777 point drop in our markets to see just that happen.