Congress rejects the bailout

Congress rejects the bailout

House nixes $700B bailout bill in stunning defeat. The vote was 228-205. (Voting no: 133 Republicans and 95 Democrats.) The stockmarket dropped 777 points. I’m impressed that Congress refused to be steamrolled.

(Here are the options the congressional leadership is considering.)

What would it look like if the free market just does its work?

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