Great article by Thomas Friedman in the New York Times here about why the House of Reps was mental to vote the bail-out down, making pretty much the same points I made but more eloquently!
The Senate passed the bail-out this morning, but it's still anybody's guess whether they'll get it through the House on a second try (Friday morning). And if it doesn't get through, what happens? Do they just keep trying again and again until George Bush runs out of different ways to make the same speech, or the economy collapses so badly that they can't pay anyone in Congress anymore?
Questions, questions.
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