Monday, September 29, 2008

Bailout Plan Rejected

Well the Bailout Plan was rejected today by a vote of of 228-205 on the House floor. The rejection of the bill sent an already teetering stock market down 777 points, the biggest one day drop in history. Republicans are blaming House Speaker Nancy Pelosi for the bill's failure as she made a scathing speech near the end of the session lambasting President Bush's "right wing ideology."

It's good to see our elected officials ignoring petty issues, and doing the jobs that they've been elected to do.

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