Bailout Blues

Markets are heavy but off their lows after first hour of big board trading. House Republicans are working the angst for all it is worth since this is the first time they can powerfully separate themselves from a president they believe has failed them on the policies of conservative economics. Not sure where that leaves the rest of the nation, but this is a group somewhat outside rational thought and are most likely to pursue any course they find politically self rewarding. The markets would not be amused with a down vote on the bailout bill and may find a wave of liquidation selling by those who have waited for some relief before cashing out.