House Narrowly Defeats Bailout Legislation.
IF Congress can now come up with something better, some good can come out of this.
But it’s a scary way to start the year.
Shanah Tovah, everyone.
Hip, hip, hooray!
Hip, hip, hooray!
Hip, hip, HOORAY!
OK. Now Congress can roll up their sleeves, and get to work. Hopefully the House leadership will try to hold hearings. Even though it is awfully short notice, I bet they can get some economists to show up and testify.
Posted by: joe at September 29, 2008 05:38 PM Revealed: Most 'Improvements' to Bailout Bill Were a Fraud - Sep 29, 2008
Experts Agree: The Bailout is Trouble - Sep 29, 2008
Staff Summary of Bailout Bill - Sep 28, 2008