Tuesday, September 30, 2008

"no chance of passing of this bill"

The vote failed.

What did I say earlier today?


The Republicans say blame should be on Democrats' Speaker of the House Speaker Nancy Pelosi...

"... This should be a bipartisan effort, so when the Speaker delivered a partisan speech, we lost votes..."

Here's her speech...

And this video captures the sentiment in America.

One final note. Warren Buffet bought those preferred shares of Goldman Sachs because he was expecting the passage of the bailout plan. Guess he guessed wrong.


  1. this is actually a good lesson for everyone, "don't take things for granted".

  2. yes.

    Especially the US House of Representative, where it is designed to be on the cutting edge of popular opinion.