Breaking: Congress Passes Bailout Bill
The Bailout Bill has just passed. I will include more links and video to this post as I get it. Until then, what do you think?
From The Associated Press..
With the economy on the brink and elections looming, Congress approved an unprecedented $700 billion government bailout of the battered financial industry on Friday and sent it to President Bush for his certain signature.
The final vote, 263-171 in the House, capped two weeks of tumult in Congress and on Wall Street, punctuated by daily warnings that the country confronted the gravest economic crisis since the Great Depression if lawmakers failed to act.
I will continue to update this post.
UPDATE:
Let’s talk about the pork…
Speaker Pelosi on the passage of the Bailout Bill…
President Bush responds to congress passing Bailout Bill…
Ron Paul spoke against this Bailout before the House vote…
