Shuler votes no (again) on bailout

Rep. Heath Shuler again voted ‘no’ to the massive federal bailout of the struggling financial industry on Oct. 3, but to no avail. After failing to pass muster days earlier in an initial House vote, the measure passed the House the second time around by a 263-171 margin. Shuler joined six other N.C. lawmakers in opposing the bill.

The measure has already passed the Senate. With the Oct. 3 House approval, the measure immediately went to President Bush, who quickly signed it into law just hours later.

Efforts to reach Shuler and Chief of Staff Hayden Rogers were unsuccessful, but here’s what Shuler had to say about the bailout plan after his first vote.

— Hal L. Millard, staff writer


Thanks for reading through to the end…

We share your inclination to get the whole story. For the past 25 years, Xpress has been committed to in-depth, balanced reporting about the greater Asheville area. We want everyone to have access to our stories. That’s a big part of why we've never charged for the paper or put up a paywall.

We’re pretty sure that you know journalism faces big challenges these days. Advertising no longer pays the whole cost. Media outlets around the country are asking their readers to chip in. Xpress needs help, too. We hope you’ll consider signing up to be a member of Xpress. For as little as $5 a month — the cost of a craft beer or kombucha — you can help keep local journalism strong. It only takes a moment.

Before you comment

The comments section is here to provide a platform for civil dialogue on the issues we face together as a local community. Xpress is committed to offering this platform for all voices, but when the tone of the discussion gets nasty or strays off topic, we believe many people choose not to participate. Xpress editors are determined to moderate comments to ensure a constructive interchange is maintained. All comments judged not to be in keeping with the spirit of civil discourse will be removed and repeat violators will be banned. See here for our terms of service. Thank you for being part of this effort to promote respectful discussion.

5 thoughts on “Shuler votes no (again) on bailout

  1. TomJR

    Heath Shuler is obviously a coward without a retirement fund. As a life long democrat, unfortunately, I will not vote for him. Ever!

  2. Shuler said: “…I don’t have that answer because I don’t feel that I have all the answers from the people that created the problem.”

    Does Shuler really know who created the problem? No, he does not!

    How Government Stoked the Mania
    By RUSSELL ROBERTS | Wall Street Journal | Oct 3, 2008
    “What’s missing is the role politicians and policy makers played in creating artificially high housing prices, and artificially reducing the danger of extremely risky assets…”

    Correspondence on the Bailout

    Bailout Roundup

  3. Marcia

    Shuler is more than a coward. He is the step-n-fetchit boy for Nancy Pelosi. They figure folks wont vote for Mumpower if Shuler pretends hes one of us and dont want our taxes raised. Im votin for the real conservative Dr Carl Mumpower.

  4. Sundance

    While I don’t care for him I say thank you for not voting for the crappy bail out bill. I should not have to pay for Wall Street and the rich folks screw ups!

  5. contentpersephone

    personally, I feel better about Mr. Shuler than I ever have. He’s a pretty conservative “democrat” actually…not one I had much good to say about…until now.

Leave a Reply

To leave a reply you may Login with your Mountain Xpress account, connect socially or enter your name and e-mail. Your e-mail address will not be published. All fields are required.