Now what?
Reaction from around the world..
A sampling from people purporting to be smarter than us--and some that are.
By the way, Campbell's Soup was up today.. Are soup lines in our future? Oh .. enough of his pessimistic approach.
Back to those thoughts from around the world, reacting to today's vote
NAY on the bailout bill:
Before the vote went down, Nancy Pelosi made a partisan anti Bush pro Clinton speech on the House floor..
Reaction to Citigroup's purchase of Wachovia..
Obama reacts: He says McCain's deregulation approach too risky for the economy..
The POLITICO reported earlier today that Obama's speech was prepared before the bill was voted no.. he heralded the "yea" vote. Almost a Dewey Defeats Truman moment..
The Federal Reserve reacts: Expands cash to banks..
People react:
The HOUSE website was overwhelmed with traffic today today as Congress fails to pass bailout bill..
Bush reacts:
Says he was disappointed with the no vote on bailout..
STOCK LOST $1.2 trillion.. today.. IN ONE DAY!
Perspective: Calm down! In October 1987 stock market fell 22%..
Reid infers that Republicans have been unpatriotic in their no vote on bailout bill..
Suze Orman fears the worst--and makes her rounds. .She appeared tonight on CNN's SITUATION ROOM, CNBC's WALL STREET CRISIS special, Larry King Live, and ANDERSON 360..
Robert Reich, former Labor Secretary under Clinton, predicts a scaled down bailout bill by week's end..
How YOUR legislator reacted:
Who voted yea, and who voted nay..The complete list
Tomorrow morning, President Bush will address the nation at 8:45 AM EDT..
And finally, reaction from an old Schoolhouse Rocks show. THIS is how Congress gets work done:
Labels: bailouts, Banks, Breaking news, Bush, financial crisis, mortgage, recession
1 Comments:
thanks for the schoolhouse rocks video! I am old enough to remember this!
although it doesn't make me feel better about the financial crisis LOL
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