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2.7%  Q1 GDP    4.57%  avg. 30-year mortgage     9.5%  Unemployment

House Members Switch to 'Yea' Column

The Post's Paul Kane reports that a quartet of freshman House Democrats are announcing their support for the $700 billion package, switching from their opposition Monday.

Reps. Bruce Braley (Iowa), Mazie Hirona (Hawaii), Betty Sutton (Ohio) and John Yarmuth (Ky.), all elected in the Democratic landslide of 2006, announced their support in a Capitol press conference.

"We will be voting yes," Hirona said. Rep. Donna Edwards (D-Md.), elected in a special election this past summer, joined them in switching her vote.

This brings to seven, at least, the number of Democrats who've publicly announced their switch to yes. Hirona cited the support of Sen. Barack Obama (D-Ill.), whom she and other Democrat House members spoke with this week, as a factor in switching her vote.

UPDATE 11:47 a.m.:

Just before the freshman press conference, Rep. Elijah Cummings (D-Md.) also announced his switch to a "yes" vote, meaning seven Democrats in the last hour have gone public with their movement to supporting the bill.

UPDATE 12:04:

Rep. William Pascrell Jr. (D-N.J.) just delivered a floor statement announcing his switch to yes, continuing a surge in momentum toward a solid majority for passage.



-- Michael S. Rosenwald

By Michael S. Rosenwald  |  October 3, 2008; 11:45 AM ET
Categories:  The Ticker  
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Comments

Those of us who invest in small caps need to pay attention to the vote tonight. If Congress fails to approve the bailout today look for more selling. If they do approve the bill the winners will be financials and housing. With the current economic outlook I don’t expect any bounce to last.

http://www.greenfaucet.com/farrish-files/small-caps-lose-steam/39985

Posted by: macebruce | October 3, 1908 12:05 PM | Report abuse

I have been so interested, as a total outsider, in seeing where Obama was able to make a difference. Surely this is the first presidential nominee who has special clout with the Hawaii delegation. I think it is great that Representative Hirona trusted his judgment and agreed to lend her support.

I hope more House Republicans can come over as well. Together, we can make this happen. Gosh I sure hope so.

Posted by: Fairfax Voter | October 3, 1908 12:20 PM | Report abuse

Isn't this the final vote?

http://clerk.house.gov/evs/2008/roll680.xml

Posted by: JV | October 3, 1908 12:25 PM | Report abuse

This is looking like the Iraq vote. Little planning, lots of people making a killing and no way out for everybody. Trust Bush, he has this all figured out and they have the votes all lined up. I guess we'll have to ask for a blindfold and a smoke before we get shot by the firing squad. Maybe we'll just get gassed, since that will make the chemical lobby lots of cash. The gestapo just drove past.

Posted by: JD in PA | October 3, 1908 12:51 PM | Report abuse

It's tough all over.

So it is with a heavy heart that I must turn to the federal government for some assistance here. I was hoping we might have an earthquake or a wildfire that would have made this request easier to stomach, but the situation has become too dire to wait any longer.

California needs $7 billion to survive. Without it, film production will grind to a halt and technology innovation will cease to exist. The internet will likely stop working entirely. Nevada has already expressed interest in San Diego and Los Angeles, while San Francisco will go to Oregon. Sacramento will shutter its doors. The French will take our grapes for pennies on the vine.

The Washington Post will be sold to the Iraqis for a song too. Stop the presses and we can turn the plants into slots parlors. We all get rich!

Posted by: JD in PA | October 3, 1908 12:58 PM | Report abuse

The Post writers can all keep writing. You guys won't be getting paid, but heck look at all the bailout cash coming your way. You can start trading penny stocks with Google Finance and build up a little business and play all-gone slots. Nobody loses and you'll all get free football and baketball season tickets for life, here in utopia. Send me $100,000, I need a few things for the house.

Posted by: JD in PA | October 3, 1908 1:03 PM | Report abuse

It's Rep. Mazie Hirono (not Hirona).

Posted by: DCtoHI | October 3, 1908 2:19 PM | Report abuse

It was a hard one to call for everyone, but all for different reasons they switched, they didn't want to hold the initiatives back.
Some don't want change when they are used to the old patterns that went on for years, alot of years, since 1930.
Squezze the pocket off method. And now more & more are realizing are awakin up to the giants, and to realize we have been taken for too LONG.
And for the ones who didn't believe that it wasn't so bad & clearly didn't understand & have a visual of the whole operation of things.. just thought it was the consumers fault but to thier suprise knew it wasn't so they needed to switch thier vote, for the unmorality that was done to us all.
BUT WHY AFTER IT WAS SIGNED, THAT IT WAS SAID THEY ONLY SOME TROUBLED ASSESTS WILL GET RELIEF, WHAT IS BEHIND THIS, AMERICAN PEOPLE NEED TO KNOW.
DON'T HOLD US AMERICANS BACK WITH THE DEBT RELIEF ISSUE, YOU JUST GIVEN US MORE RED TAPE. ALL WE GOT WAS SOME RELIEF NOT MASSIVE RELIEF.
MASSIVE SOUR DEBT/NOTES (FAMILIES) EQUALS MASSIVE RECOVERY, NOT SOME.
AND IF ITS SOME, SOMEONE (MAJOR PLAYERS) AREN'T NOT GIVING BACK, JUST TAKING.
Every paper lost via debt is just more money taken out of the pockets, thats why we came to this point, they were falling.. How can some stand & some can't.
IT CALLED WE ALL STAND. THAT MEANS EVERYTHING THAT LOST IS RETURNED BACK UNMEASURABLY,NOT ONLY THAT DON'T DIE WITH JUNK IN YOU SUITCASE WHEN IT COMES TO PEOPLE. ITS CALLED REVERSE OSMOSIS THINKING ADD THIS ONE UP OR BE ON THE SCHLINDERS LIST.

Posted by: sutton | October 3, 1908 5:46 PM | Report abuse

I live in Arizona. I will remember the names giffords, mitchell, pastor, and shadegg. That is because I will NEVER vote for these idiots again.

Posted by: Rebecca | October 3, 1908 7:47 PM | Report abuse

Vote for the constitution party 08
http://www.baldwin08.com/

"Always vote for principle, though you may vote alone, and you may cherish the sweetest reflection that your vote is never lost." -- John Quincy Adams

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Posted by: John | October 3, 1908 8:06 PM | Report abuse

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