I was just about to post this blog, hopeful that the bailout proposal finalized by Congress would pass the vote in the House…and this headline jumped out at me:
House Nixes $700B Bailout Bill in Stunning Defeat
In a vote that literally shook the government, Wall Street, and markets around the world, the proposed emergency rescue for the nation’s financial system was defeated, leaving the Bush administration and both parties reeling as they try to pick up the pieces.
