The bailout bill has failed in the house, and the market is down -500.
I bet the House Republicans are PISSED. They wanted this bill to pass, but on the backs of the Democrats so they could run their populist bullshit about protecting the taxpayers.
*** Update ***
Speak of the devils. The House Republicans are now staging a group whine, blaming the fact that none of the voted on the bill on the fact that Pelosi made a partisan speech. Wankers. Eric Cantor looks like he is confused about whether to smile or cry.
*** Update #2 ***
Barney Frank just nailed the GOP nonsense about being offended.
*** Update #3 ***
Regardless your position on the bailout, you have to be amused by the notion that there were a bunch of Republicans who would have voted for it, but then were offended and said to hell with it. After Frank’s performance here, I think the GOP will stop peddling that nonsense.
On the other hand, the McCain campaign is blaming this on Obama. Heh.