I thought for sure that the bailout would be passed. Then I realized with such an overwhelming amount of public outcry against the bailout, and with members of the house being up for re-election there was a good chance that it wouldn't be passed. I for one am glad they didn't pass it. We live in a country with free market enterprise so let them fail. Not to mention the fact that such a large amount of money would take away from the funding of other things like schools, health care, etc. I saw heard a quote on MSNBC today from a representive for the U.S. treasury that said their figure of 750 billion wasnt based on actual data; they just wanted a "really large number." Can you imagine the backlash that would haven taken place if this was approved, then they turned around and asked for money?
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