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Monday, September 29, 2008

Marshall votes yes on failed bailout package

Of Georgia’s 13 House members that voted Monday on the massive 700-billion dollar bailout plan, only two cast 'yes' votes--Democrats Sanford Bishop and Jim Marshall. Marshall, representing 21 mostly rural counties in the 8th district, was quoted as telling some colleagues he was willing to lose his seat over his stand. He told NPR why he had to back the bailout plan.

"I don’t want to help out one wit the irresponsible people who have dragged us into this...whether it's the borrowers, or the lenders, or the investors or the Wall Street crowd. I don't care who they are. But this is something that's going to affect our overall economy and an awful lot of people I represent in the 8th district in a very bad way. So although it's very unpopular, I've got to take a different view and take my licks if that's what I get".

Marshall is in a tough re-election fight as a Democrat in the mainly conservative 8th district.

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