Bailout Bill Fails House Vote

[KAPital PHINUst]

I am so glad the bailout didn't pass!

This was the first during the Bush administation that Congress finally did something right, but then again even a broken clock is right twice a day.

America will experience a significant depression, bailout or not, but a bailout can make a difference between the depression for three years (without a bailout) and three decades (with a bailout). Just let it go, let the market correct itself, and everything will come out in the wash.

Thank you Congress, especially to my own Congressman Pat Tiberi who voted against the bailout.