Senate Candidates Sound Off on Bailout Bill Passage
Senate Candidates Sound Off on Bailout Bill Passage Save Email Print
Posted: 12:32 AM Oct 5, 2008
Last Updated: 12:37 AM Oct 5, 2008
Reporter: 10/11 News
Email Address: desk@kolnkgin.com

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The Nebraska candidates for U.S. Senate, Republican Mike Johanns and Democrat Scott Kleeb are reacting to the $700 billion financial bailout bill that passed Friday.

"It's a better bill than where they started by a lot," said Johanns. "A significant amount of oversight that has the potential to actually reduce the cost of the bill over time. And really what it came down to was there wasn't really a choice. A lot of it is people being pulled into this now, jobs are at risk. You just can't let that happen."

"I'm angry we had to get to this position," said Kleeb. "We're talking about $700 billion to bail out the U.S. economy because we essentially let Wall Street run things for too long without any oversight, without any rules what so ever and now we're the one's paying the price."

The bailout is essentially a way for the government to buy up rotten investments, and ease the burden on the U.S. economy.

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Posted by: Hoping Location: Nebraska on Oct 5, 2008 at 07:58 PM
I agree with Scott Kleeb. I too am angry that people like Mike Johanns, George Bush, John McCain have not done more to prevent this situation! We are now in a financial mess. It all happened on their watch. No one likes this bail out. No matter how you look at it, it is ugly but I guess something had to be done. Let's just make certain we vote for the best people to get us back on track and to prevent this from happening again. Scott Kleeb has my vote. I trust him to serve my best interests!

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