"Martial law in America if we voted no"
October 8, 2008 - by Donny ShawRep. Brad Sherman (D-CA) made this statement on the House floor last Thursday, the night before the House reversed course and passed the bailout:
>The only way they can pass this bill is by creating and sustaining a panic atmosphere. … Many of us were told in private conversations that if we voted against this bill on Monday that the sky would fall, the market would drop two or three thousand points the first day and a couple of thousand on the second day, and a few members were even told that there would be martial law in America if we voted no. That’s what I call fear fear-mongering, unjustified, proven wrong. We’ve got a week, we’ve got two weeks to write a good bill. The only way to write, to pass a bad bill: keep the panic pressure on.
Needless to say, Sherman voted against the bailout.
Subscribe to Blog Updates
Want to get each blog update sent to you by email?
Send Us a Tip
-
Proposed Bill HR-2674 Prote...
Submitted by Mary on Jun 16
-
Amendment No. 601 to the Om...
Submitted by Winifred on Mar 3
-
I noticed the Rep. John Con...
Submitted by Pamela Kemp on Jan 14
You can submit a tip anonymously, or attributed to your own name and e-mail, whichever you prefer. Read more about submitting a tip.
Recent Posts
- TARP Banks Actually Denied Something, November 03, 2009
- House Republicans Use OpenCongress to Read the Bill!, November 03, 2009
- Senate Votes to End Debate on Unemployment Extension Bill - Final Passage Likely on Wednesday, November 02, 2009
- Read the Summary!, November 02, 2009
- This Week in Congress - Health Care Hits the Floor, November 02, 2009
Archives
See All ArchivesBlogroll
- The Baseline Scenario
- Capital Eye
- Capitol Briefing
- The Caucus
- CBO Director's Blog
- Congress Matters
- The Corner
- Crooks and Liars
- FiveThirtyEight
- Glenn Greenwald
- Hot Air
- Huffington Post
- Instapundit
- Ezra Klein
- Little Sis
- Megan McArdle
- The Moderate Voice
- My DD
- The Next Right
- OMB Watch
- Open House Project
- Open Left
- The Page
- Party Time
- Plum Line
- Political Animal
- Political Wire
- ProPublica
- Real Clear Politics
- Real Time Investigations
- RedState
- Senatus
- Andrew Sullivan
- Sunlight Foundation Blog
- Talking Points Memo
- Glenn Thrush
- The Treatment
- The Washington Independent
- The Weekly Standard
- Wonk Room
- Matthew Yglesias
Sort By
Comments ?
What's this?
OpenCongress comment boards are an open forum for discussion. Let's build public knowledge about Congress together, so please keep the discussion civil -- no harsh language, subject to our community Comment Policy. Do not post any information here (for example, your name or email) that you do not wish to be public.
Filter Comments to a Rating of at least
What's this?
The Ratings Filter allows you to determine how many user comments to view on pages here on OpenCongress. Setting the filter higher (towards 10) allows you to see only the comments rated "most helpful" by users, while setting the filter lower (towards 0) allows you to see more comments on a page.
This bailout has been, in my opinion, the greatest travesty perpetrated on the American people of all time.
Yes!!! Wait until we see the inflation that results from this bailout.
As the fireman in Simi Valley said, "we had to let the house burn down because all that water would have caused terrible soil erosion."
Let's worry about inflation after we all hang on to our jobs.
As to Sherman's veracity, we let's just say if you trust him then you'll believe what he said because we'll never know what happened behind closed doors.
Where were you Rep. Sherman when more regulation of Fannie and Freddie was called for in 2006 ?
Brad Sherman should display some hubris after all he helped fuel the fire that has threatened all of us. Just read the following interview with Mr. Martial law: http://www.allbusiness.com/company-activities-management/financial-performance/11425566-1.html
All Mr. Sherman is trying to do is steer the conversation away from his guilt/complicity.