by
Jack E.
Member since:
August 14, 2008
WASHINGTON (CNN) – Republican Sen. Richard Shelby emerged from President Bush's economic bailout meeting Thursday afternoon saying, "We will not have a deal."
Shelby, a senator from Alabama, said he had a five-page paper from 44 leading economists that says "we are rushing to a deal."
One of Shelby's top aides told CNN earlier Thursday that the senator from Alabama had planned to make the statement. Shelby does not like the plan and wanted a public platform to voice his views, the aide said.
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Comments: 5
This bailout under any circumstances is nothing more than a move toward socialism.