Vote: 263 Yes to 171 No
This is a sad day for America.
President Bush was personally lobbying scores of representatives today and under pressure of economic mushroom cloud talk, those representatives simply caved in.
$700 Billion was just wasted and it will not create a single job, or address any of the structural issues facing the economy.
I will have additional thoughts later.
So far it is a “sell the news” event.
Thanks to everyone who helped try to do the right thing and get this killed.
Mike “Mish” Shedlock
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