Monday, September 29, 2008

Wall Street bailout trips over grassroots Wall Street bailout trips over grassroots: "Mr. Miller, who voted against the bailout, said he has never seen such public outrage against a piece of legislation in his seven years in Congress. His office received more than 1,000 telephone calls in the past few days urging him to reject the legislation. Some of his colleagues were getting as many as 2,000 e-mails and calls a day, many reading simply: “NO BAILOUT.”

“These were not your typical calls that were generated by special interest groups,” Mr. Miller, a Republican, said from his Washington office shortly after yesterday's vote. “This was Main Street America saying ‘No.' ”

Treasury Secretary Henry Paulson and Federal Reserve Board chairman Ben Bernanke badly misread the public and made things worse with their comments, Mr. Miller said."

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