Kucinich tells Maddow: Bailout plan is 'immoral'
David Edwards and Nick Juliano

Democratic House leaders were rightfully rebuked in their attempt to pass an "immoral" bailout plan that would have put Wall Street's interests above those of average Americans, said Rep. Dennis Kucinich, who commended Republicans for helping torpedo the $700 billion package earlier this week.

"I believe in this idea of making sure that the great mass of people get some help. This plan is immoral," the Ohio Democrat and former presidential candidate told MSNBC's Rachel Maddow. "This plan is a disgrace. It bails out people on Wall Street who have speculated and who would drive this economy into the ground unless we have some controls on them."

Kucinich, one of the most liberal House members, predicted the bailout package's demise before it went down in a dramatic vote Monday afternoon. He said the plan should take "a page out of classic New Deal economics," and focus more on helping struggling homeowners than Wall Street speculators.

"Help the many and you'll help the few," Kucinich said. "But what's happening is this bailout proposal helps the few at the expense of the many."

Link to con.