Monday, September 29, 2008

Collapse of the Paulson Plan

Well, it's back to the drawing boards with the bailout. Democrats voted for it by 60%, while Republicans voted against it by about 66%.

Andrew Sullivan experienced relief. "My instinctive response upon hearing that the bailout failed was relief. I know the dangers of a meltdown. But I also know the dangers of perpetuating the toxic combination of denial and debt that has characterized the last eight years."

I'm not sure how I feel, I'm so torn.

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