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And now its over to our correspondent with the latest on the top story in the US:
Bailout Bill Fails in House Vote Amid Defections in Both Parties
WASHINGTON -- The House of Representatives delivered a stunning defeat to legislation designed to rescue the nation's troubled financial system, sweeping aside a call from President Bush to "send a strong signal" of confidence to markets at home and abroad.
Seems Gordons Curse worked again!
After the vote, House Minority Leader John Boehner (R., Ohio) said there would be an effort to bring back another bill, with further changes. "We've got to find a true middle ground," he said. "We need everybody to calm down and relax and get back to work."
Well.. there you have it... you heard it first here on bankrun.tv.... everything going to be allright... just calm down... relax... take it easy.... AND GET BACK TO WORK!!!
"These are the votes that separate the men from the boys, and the girls from the women," said Mr. Boehner, who choked up as he spoke.
Poor chap... its hard to lie and keep a straight face.
The measure was brought to the House floor after several days of sometimes testy negotiations, and a marathon series of talks over the weekend. The effort was spurred by Mr. Bush's surprise declaration more than 10 days ago that the financial architectural (sic) of the country was faltering, and in need of immediate repair.
Not sure if this is a typo or Georges typical incomprehensible utterings. By the way... who was surprised - George or the journalist?