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Breaking News..House defeats $700B bailout
kristen b 3 months ago // Subscribe Potluck Gibber-gabber

WASHINGTON – The House on Monday defeated a $700 billion emergency rescue package, ignoring urgent pleas from President Bush and bipartisan congressional leaders to quickly bail out the staggering financial industry.

Stocks started plummeting on Wall Street even before 228-205 to reject the bill was announced on the House floor.

SO – my next question is, do the companies have to pay the taxes on the bailout money when it does get approved?

I’m sticking with Dave’s post of giving it back to the taxpayers to stimulate the economy on our own. Place it in the “We Deserve It” fund.

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