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The White House joined forces with Congressional leaders to pledge that a fallen $700bn bail-out of the banking industry will be quickly resurrected, fuelling a sharp recovery on the financial markets as Wall Street stocks surged with relief.
President Bush held "very constructive" talks today with both of his potential successors, John McCain and Barack Obama, about the options for reviving the emergency rescue plan that was dramatically thrown out by the House of Representatives on Monday.
Senate leaders began informal discussions about holding a fresh vote by the end of the week.
The concentration of power is always a prelude to the destruction of a nation. This $700 billion bailout plan would put a huge portion of the U.S. economy (and the majority of taxpayer dollars) under the control of ONE person, without oversight, without regulation and without LAW. Is this a bail out, or a SELL out?..