House Rejects Bailout Package, 228-205; Stocks Plunge »
Posted By lizbethxq 1 year, 1 month ago in NewsWASHINGTON — In a moment of historic drama in the Capitol and on Wall Street, the House of Representatives voted on Monday to reject a $700 billion rescue of the financial industry.
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lizbethxq
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kinkPOP1 year, 1 month ago
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ive yet to read what actually went on, why this was not approved, and what the effects are going to be... but! im sure most everyone wants to know what's going on, and for the record... Wall Street must be in flames right about now! OUCH!
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robertsanchez7188 months, 2 weeks ago
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Unfortunately for the U.S. taxpayer, there’s no Biltmore in which to seek temporary shelter. There’s only one U.S. economy, and we have to stay in it, whether it’s been condemned or not.
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The Senate passed the bailout bill late Wednesday night (Oct. 1), followed by the House of Representatives Friday (Oct. 3). U.S. President George W. Bush signed the bill into law immediately after the House vote.
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