Monday, September 29, 2008

A Pox on both your houses

MSNBC Reports:
The House on Monday defeated a $700 billion emergency rescue for the nation's financial system, ignoring urgent warnings from President Bush and congressional leaders of both parties that the economy could nosedive into recession without it.

What a way to waste a weekend. Negotiators worked nearly all weekend trying to reach a compromise, and the deal is rejected.

The Market Crashes