GOP Lawmaker: Bailout Will Lead to 'Decline of Democracy in America'

Rep. Walter Jones (R-N.C.) said on Thursday that if the financial bailout bill is passed, it will lead to "the decline of democracy in America."

Jones told The Hill that the measure is a step toward socialization, with "government taking over for private enterprise."

Jones, who voted against the House rescue plan on Monday and will vote against the revised package on Friday, said six out of every seven calls to his office has been against the legislation.

The GOP lawmaker has regularly bucked his party over the last several years, most notably on the Iraq war.

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