What next?

Now that the Congress (mostly GOP members) voted down the bailout, what happens next? I don’t know. But a friend of mine reminded me that tomorrow is the last day of the 3rd quarter. Lots of financial things happen at the end of a quarter.
According to news reports, the House will go out for the Jewish holidays and reconvene on Thursday. That will give time for both the leadership to work on a new plan and for Members to gauge the thinking of their constituencies. It remains to be seen whether they are greeted with a “Holy S–t” reaction to the vote – or an “Atta boy”. How much new pain emerges in the next few days may determine that response. And tomorrow’s end-of-quarter maneuvering will have a lot to do with that.

One thought on “What next?”

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s