OOPS, WE'RE IDIOTS:

House Members Receive Angry Calls on Vote, Aides Say (James Rowley and Nicholas Johnston, 9/30/08, Bloomberg)

Lawmakers received a flurry of calls demanding that they revive the U.S. economy after the House's rejection of a $700 billion financial-rescue plan triggered a record drop in stocks, House aides said.

The calls countered an earlier outpouring of opposition to the legislation.

``A lot of people called to complain about losing their shirt,'' said Sean Brown, press secretary for Republican Representative Joe Barton of Texas, who opposed the measure. Calls have gone from overwhelmingly against the bill to about 60- 40 or 70-30 in favor of it, Brown said.

Guess whose principles about markets are about to respond to the pressure of the market.

Posted by Orrin Judd at September 30, 2008 5:35 PM