Borrowing the above line from John McCain, I would like to point out exactly who is responsible for voting against the bailout bill in the United States House of Representatives today. No, it's not a perfect bill, but it is a solution that had been negotiated for over a week, and did in fact contain some necessary home-owner protections and other important provisions that are key to getting the economy back on its feet.
You will know their names. These are the congressmen who voted against the Bailout Plan, most of them because they're running in close re-election races, not because they actually didn't think it was important.
I am proud to say, as a Haverford student, that Representative Joe Sestak (D-PA) buried partisan concerns and stood with the Democratic Party leadership to try and bring some relief to this economic crisis.
Upon this news, the Dow dropped 778 points today, an all-time record, putting the stock market below where it was on President Bush's first day in office.
I'm having trouble with a description of how serious this situation is, so for clarity, go watch The Watchmen movie trailer, and get to about halfway where a dark, deep voice mutters, "God help us all."
Yeah, that's me.
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