Speaker of the House Nancy Pelosi speaks to a news conference flanked by (L-R) House Majority Leader Rep. Steny Hoyer, House Majority Whip James Clyburn, Democratic Caucus Chairman Rahm Emanuel, House Financial Services Committee Chairman Barney Frank and Rep. Chris Van Hollen after the compromise financial bailout bill failed to pass during a vote of the House of Representatives on Capitol Hill in Washington, September 29, 2008.(Mitch Dumke/Reuters)
The Bill that everyone hates but essential is back up for a vote in the House today. After going down in Flames last Monday the financial rescue bill to buy $700 billion of bad mortgage securties from commercial and investment banks will be voted on and most likely will be passed by the House today. The alternative of not passing could cause long term percussions in the markets and affect everything from credit, jobs, and economic stability on Main Street…
All eyes will be on House of Representatives today during a nail biting vote!