Well, thank goodness, the House of Representatives saw the light and voted down the immensely ill-conceived bailout plan. Thank goodness for easily offended fiscal conservatives. Full details on the vote are available on Think Progress.
Wall Street responded with its normal maturity by throwing a temper tantrum and slamming the Dow by over 600 points. Way to act like grown-ups folks! Let's hope that sanity will return and prevail, and soon.
