As I right these words, the DOW is down 521 points... Earlier, it went as low as 700 POINTS!!
The inability of the House law makers to pass the "bail out" bill seems to have Wall Street in a PANIC!!
Most House Democrats are for the bill, but at least 91 are still against it's passing, while a majority of Republicans are against it, as well... The bill currently needs another 11 votes to PASS!
I'm tied up in knots myself, because while I fear a depression could be possible, if this bill doesn't pass and Wall Street collapses, I am utterly and completely AGAINST SOCIALISM!!! I am also against letting these crooks off the hook, and bailing their asses out, with a bank check. I am with Newt Gingrich, and am much more for a "WORK OUT" rather than a bail out!
Apparently, Pelosi said some really stupid things (like THAT'S a surprise), and with 94 Dems voting AGAINST the bill in the House, it obviously has more than enough bi-partisan opponents.
This is a tough one, and hopefully, there will be a light at the end of the tunnel...
Stay tuned!
*** Note, the VP Debate is Thursday night at 9PM.
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