Bailed out

House Approves Bailout on Second Try

The House of Representatives gave final approval on Friday to the $700 billion bailout for the financial system, reversing course to authorize what may be the most expensive government intervention in history.

The crucial vote was 263-171, passing by a comfortable bipartisan margin. Most Democrats voted in favor (172 yeas to 63 nays), while a slighter majority of Republicans voted against (91 yeas to 108 nays). Every member of the House voted. (There is one vacancy, created by recent death of Stephanie Tubbs Jones of Ohio.)

Critically this vote was able to pass without any feelings of House Republicans being hurt. Truly a big fat $700 billion victory for Freedomerica. Finally a beleaguered nation gets the wooden arrow and Puerto Rican rum relief it has been clamoring for. Rest easy, the rum crates are on their way.