The bailout package has failed. The Dow is currently down 525…
Enjoy the ride.
Update: It occurs to me that this could be a case of crying wolf! Several times in the past 7 years, we have been faced with ultimata from the Bush administration. “You must pass this, or else” has gotten us killed by this administration. I wonder how history will treat this vote? Finally, our spines stiffened and we rejected the doomsday scenario or we zigged when we should have zagged…