Bailout does NOT pass vote.206 Yeah - 227 Nay. Dow tumbles.

Bailout does NOT pass vote.206 Yeah - 227 Nay. Dow tumbles.

17 votes

msnbc.msn.com — WASHINGTON - In a stunning vote that shocked the capital and worldwide markets, 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

Share on Facebook Share on Twitter

Mixx Poll

Will the United States eventually have to take military action against North Korea?

Suggested by: acrossad

  • or View results

Explore Mixx

HOW TO: Deal With Social Media Conflict

HOW TO: Deal With Social Media Conflict

When you encounter conflict in the real world, you can talk face-to-face then go out for a be...

Related By Keyword

Related Photos

  • Pulling the US Economy Along

Comments (2)

  1. 1999 Clinton Administration pressured Fannie Mae and other lenders to ease credit requirements. Now Pelosi/Obama is causing Partisan politics to screw the American public. Obama campaign manager stated that Obama has spent "hours" working on the financial crisis instead of photo ops. Refusing to delay the Debate isn't that poor judgement that will be overlooked as well.

    • (0 Kudos received)
    1. @invisionit It started further back then Clinton. It started with the Community Reinvestment Act. it's one of those Democrat acts that started subprime market.

      Here's a bailout bill to consider; Repeal CRA; Government buys back all the subprime mortgages. And Democrats apologize to the American public for screwing up Financial sector on Wallstreet and ignoring President Bush and Mccain's warnings few years back.

      And one last thing. Asian markets dropped as well.

      • (0 Kudos received)

Login now to post your comment.