Bailout plan rejected - Dow plunges

Bailout plan rejected - Dow plunges

money.cnn.com

NEW YORK (CNNMoney.com) -- The fate of the Bush administration's $700 billion financial bailout plan was abruptly thrown in doubt Monday as a House vote turned against the controversial measure.

The next steps were not immediately clear but supporters were scrambling to put it up for another vote.

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228 NAY, 205 YEA

Republicans 66-132 yea/nay
Democrats 141-94 yea/nay

Dems sell out. House GOP holds the line.

Next Step.. END THE FED


Well the FED still printed over 600billion out of thin air
At least U.S treasury won't be stronger
and at least bankers won't profit too much

I wonder if this was to make republicans look good.
Obama isn't looking good right now
But he said an emergency package must be created
Wonder if that will also come from useless monopoly money

money.cnn.com
(visit the link for the full news article)

ooops

please close thread, my apologises

Couldn't tell by the other thread title