Today there is finally some positive economic news. Defeating the $700,000,000,000 bailout means that the greedy investment firm which still exist will be bought out by more liquid firms at fire sale prices and the world goes on. The alternative was borrowing nearly a trillion dollars from the Chinese to pay the bills, which would mean that we would be even less sovereign than our current state suggests. Hopefully the market realizes that the gravy train is not pulling into the station and money begins to flow to solid companies again. Either way Henry Paulsen should be fired.
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