The Bailout Passes! Now What? »
Posted By Happy31 1 year, 1 month ago in NewsIt is officially called H.R. 1424, the Emergency Economic Stabilization Act of 2008. It is also called the Wall Street Bailout Bill, the Rescue Bill, the largest Federal power grab in US history, the socialization of the US Financial sector, and, of course, the crap sandwich. As of a few moments ago, the legislation passed the House on a 263-171 vote. Wall Street rallied at the news while down on Main Street, folks are getting ready for a piece of that sandwich.
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