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The End of the U.S. Financial System as We Know It?
A number of Republican House members and staff, along with others who are plugged in, are telling me that Nancy Pelosi and the Democrats will come back with a new bill that includes all the left-wing stuff that was scrubbed from the bill that was defeated today in the House. As this scenario ...
The End Of An Era
pajamasmedia.com — Washington's response in the face of Wall Street's meltdown has been difficult to watch. Edgelings Managing Editor... Michael S. Malone wonders if, in the face of a rapidly changing world economic structure, this is the last death throes of old-style ... (more) The End Of An Era
Where will the money come from?
krugman.blogs.nytimes.com — In the end, the US government will rescue the financial system - not today or tomorrow, maybe... not Thursday, but soon, and for the rest of our lives, or anyway until the next crisis. But, people ask me, where will we get the money? Won't we have to ... (more) Where will the money come from?
END THE FED!
campaignforliberty.com — If you agree, call your Congressman today… Federal Reserve Board Abolition Act (Introduced in House) HR 2755... IH 110th CONGRESS 1st Session H. R. 2755 To abolish the Board of Governors of the Federal Reserve System and the Federal ... (more) END THE FED!
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Will Pelosi’s second attempt at a bailout include ACORN? Update: Dow loses 777 points, more than on 9/11; Update: $1.1 trillion in market value lost
Hot Air » Top Picks — ... Why not? She tried a bipartisan bill and got nothing for it. What’s stopping her from turning it into a Christmas tree for the left and passing it on a strict party-line vote? Bush will sign it regardless and Senate Republicans will be under tremendous pressure to decline a filibuster with the Dow down 600 points today and god knows where tomorrow. This is the flaw in the “if the majority thinks it’s so important, let them pass it” approach: They will pass it, on their terms, and they’ll point to Republicans like Gingrich and Paul Ryan and the Journal — and Paulson and ...

On the Failure of the Financial Rescue Plan
Shopfloor — Random observations. Larry Kudlow is grim. Democrats say they’ll try to put together another plan. C-SPAN has video of Speaker Pelosi’s speech, the partisanship of which Republican leaders are blaming for poisoning the atmosphere. Really? That much more partisan than usual? (Watching again, it does get more aggressive toward the end, promising vigorous oversight hearings by Henry Waxman.) AP has the rollcall vote, 205-228 nos. The House website has crashed again.  This reminds us more and more ...

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