Despite warnings of economic depression, Congressman Jack Kingston votes NO on the bill and is a leader of the effort to defeat it, all in the name of politics
TYBEE ISLAND, Ga. (September 29, 2008) - Lt. Col. (ret.) Bill Gillespie, Democratic candidate for Georgia's First Congressional District, has released the following statement regarding today's vote by the U.S. House of Representatives on H.R. 3997. This bill included the 'Emergency Economic Stabilization Act,' which is the bipartisan legislation designed to address America's economic crisis. Congressman Jack Kingston voted no and was amongst a group of partisan House Republicans that worked to defeat the legislation. The final roll call was 228-205.
Bill Gillespie said: "I am disappointed Jack Kingston once again put partisan politics ahead of the people and voted no today on legislation aimed at keeping America out of an economic depression. Our country is in this mess because Jack and his special interest friends loosened rules on Wall Street. It is inconceivable that Jack does not support legislation to help fix the problems he caused. His vote today is a vote in support of more foreclosures, bank closings, credit freezes, business failings, job losses and overall economic depression."
Gillespie added: "Jack does not understand or feel the economic crisis. While South Georgians are being sent to the poor house, Jack and his friends are in the clubhouse."
Gillespie continued: "Although the legislation failed today, the crisis remains. It is time for bipartisan action not political posturing. I call for Congressman Kingston to support the Emergency Economic Stabilization Act and secure our country's economic future. I urge him to lobby other members of Congress to do the same."