Greenwald On Bailout
Greenwald at Salon points out how the bailout follows the normal way things are done in the US government these days. You do not make rash decisions in moments of panic and fear. You take a breath and look at the problem and figure out a solution. I hope this failed vote is the moment of breath and that congress is able to come up with a couple good plans, and hash out the best possible solution. $700 billion on something everyone has to hold their noses for is no good. We are a better country than that.
One really positive outcome of this is that both sides of congress voted for and against the bill. That shows that we have something to work with, and we should be able to come up with an actually good bill, not just one that people hold their nose and vote for.