Saturday, October 04, 2008

Bailout Passed

Well, it didn't talk long for Congress to revive the bailout plan. After the initial failure, there was a lot of earmarking and arm-twisting to put Congress back in line.

The Senate passed it by a vote of 74-25.

The House passed it by a vote of 263-171.

It has been signed by the President.

The bill was passed despite overwhelming public opposition at the behest of the Wall Street elite.

This bill will mean more socialism, more inflation, more bad lending, more bankruptcies, and more bailouts to come.

Tough times are ahead.

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