The House voted no on the bailout plan and the DOW is down 461.80 (-4.14%) at this time. The Republicans are the reason it failed.
The American people do not want this plan. They do not want to bailout Wall Street.
They should never have attempted to rush a bill like this through congress in a few days. They knew, however, that people did not want it and I think they feared holding meetings on it and looking at the matter up close.
There is nothing good about any of this. The bailout plan sucks. If we do not bailout the fat cats on Wall Street no telling what effect it will have on the nation and the world.
The DOW is now down 533.16 (-4.78%).
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