Monday, September 29, 2008

Breaking: House Vote Fails And Dow Index Down 689 Points




The Really: The House Vote is looking ominous for passage right now (10:45 PST) and the Dow is falling dramatically.


Breaking: House rejects bill. (11:12 PST) Dow down -520 points. Passage failed by 23 votes.

Republicans blame Pelosi speech before the vote with failure to pass.

Obama in speech in Colorado calms crowd and says "it will get done" even if it is a bit bumpy.

Chris Matthews of MSNBC says this was a failure of McCain to lead his party.

Dow -505 points.

Pelosi to speak shortly. Noon PST.

Dow -571 points.

Pelosi calls for more bi-partisan work to pass a bill.

Dow -567 points.

Frank believes Republican free-marketers defeated the bill. If we were "chicken littles" then fine.

Dow -674 points

Bush disappointed and will be talking to his economic advisors.

Dow -584 12:42 PST

Dow closes with worst point drop in US history 777.68

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