Thursday, January 15, 2009

Senant Passes aditional 350 billon for bailout bill

Market Watch:

Senators voted 52-42 largely along party lines to oppose a measure known as a resolution of disapproval introduced by Sen. David Vitter, R-La., that would have blocked release of $350 billion in bank bailout money. President-elect Barack Obama made a request for the funds on Monday.

Before the bill was rejected, Democrats and Republicans clashed over whether the funds should be allocated.

"The American people had serious questions and concerns the first time around," said Vitter. "The second time, they will go through the roof and say, 'Fool me once shame on you; fool me twice, shame on me.' "
Add another 350 Billion to the tab. Its almost surreal. Billions dose not make the headline anymore....It seems like you need to be talking about trillions for folks to pay attention anymore.

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