MISTAKES THAT WERE MADE
He also said holding a quick vote on Monday was probably a bad idea. "It was purely a matter of time," Blunt said when asked why the bill was able to succeed the second time around. He said he couldn't get a bill a member could see until 7 p.m. Sunday night. With expectations rising, the bill was probably doomed from the start. "It's never a good idea to announce when we're having a vote," he said. He also said the SEC ruling to evaluate assets and the bolstering of FDIC insurance were important elements that attracted additional support.
Blunt said that people should begin to see the credit market stabilize by next week, but added that the average Joe may not even realize that something needed to be done. That's why he said it's important for members to get back to their districts this weekend to explain how this package helped save people money, jobs and credit.
Blunt will appear in Springfield Saturday morning at 9:45 a.m. at the Ozark Empire Fairgrounds on the corner of Norton Road and Grant to explain the impact. Blunt will speak near the John Deere tractor area.