Bailout: One Down, One to Go

Bailout: One Down, One to Go

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For better or worse, we're one step closer to making the mother of all mother of all bailouts a reality. The Senate passed a bill last night that could extend up to $700 billion to unclog our financial system, approving the measure by an almost 3-to-1 ratio. The House of Representatives -- which voted down its version of the bill on Monday -- is likely to vote on an updated proposal Friday.

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And in another new snippet

Senator John McCain has urged the Bush administration to bypass Congress and spend a whopping one trillion dollars on bad mortgages.

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gggrrrrr, this will pass no matter what we Americans want, just the same ole ignoring what the people are telling them to do.

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