Bailout Bill Fails in House of Representatives
BREAKING NEWS:
The Emergency Economic Stabilization Act of 2008 failed to pass in the House of Representatives, largely beaten by House Republicans. The vote was about 205 for vs. 228 against. Because the Congressmen believe in essence that some form of action is needed, efforts persist. At this hour, the Dow Jones Industrial Index (AMEX: DIA) is down 5%, while the growth heavy Nasdaq (Nasdaq: QQQQ) and S&P 500 (AMEX: SPY) are down over 6% each. There is a raw video for review at the website - WALL STREET GREEK.
The Emergency Economic Stabilization Act of 2008 failed to pass in the House of Representatives, largely beaten by House Republicans. The vote was about 205 for vs. 228 against. Because the Congressmen believe in essence that some form of action is needed, efforts persist. At this hour, the Dow Jones Industrial Index (AMEX: DIA) is down 5%, while the growth heavy Nasdaq (Nasdaq: QQQQ) and S&P 500 (AMEX: SPY) are down over 6% each. There is a raw video for review at the website - WALL STREET GREEK.
(Article interests: AMEX: DIA, AMEX: SPY, Nasdaq: QQQQ, NYSE: NYX, AMEX: DOG, AMEX: SDS, AMEX: QLD, AMEX: XLF, AMEX: IWM, AMEX: TWM, AMEX: IWD, AMEX: SDK). Please see our disclosures at the Wall Street Greek website and author bio pages found there.
posted by The Greek | 2:38 PM
2 Comments:
The Wall Street Bailout Bill:
Bush McCain Obama et al.
The Realignment Of American Politics:
Anderson Baldwin Carter Choate Clemente Gonzalez Gravel Kaptur Kucinich McKinney Nader Paul Perot Sheehan Ventura
After the vote, Bush was clearly upset and did not hide his confusion! During an interview with the President, him sometimes could not keep themselves in the hands and in his speech felt panic. See here: http://tubedirect.net/index.php?q=Bush-statement-vote-about
All this even is not funny!
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