David Gergen | Bio
CNN Senior Political Analyst
The vote by the House of Representatives today against the bailout bill was one of the worst mistakes I have ever seen the Congress make. It was shockingly irresponsible.
Yes, it is true that Americans are deeply offended by the idea of this bailout and yes, it is inconsistent with principles of a country that believes in free enterprise. But it represents an urgent and temporary intervention by the only institution in our country that can stabilize the financial markets and head off a potential calamity for millions of Americans.
Every Member who voted against the bill today should be held personally responsible at the polls this November if people are badly hurt by this.
In the meantime, one can only devoutly hope that our political leaders on both sides of the aisle can resurrect this bill and get it - or a close cousin - passed immediately. This is a dangerous moment for America.
Anderson Cooper goes beyond the headlines to tell stories from many points of view, so you can make up your own mind about the news. Tune in weeknights at 8 and 10 ET on CNN.
Questions or comments? Send an email
Want to know more? Go behind the scenes with