"The Bailout Has Failed."

"The Bailout Has Failed."

Those words from Hill correspondent Mike Viqueira on MSNBC just now.

Now what? Said Viqueira: "I don't know what Plan B is." This was supposed to be a 15-minute vote.

More from John Carney at ClusterStock:

Republicans and Democrats are locked in a fight on the House floor. Republicans supplied less votes than Democrats had expected, convincing Democrats to vote against the bailout bill so as not to put their seats at risk. Both parties are now negotiating vote trading, with the Democrats arguing the Republicans should get at least 9 more of their members to vote "Yea," bringing the Republican favorable votes up to signficiantly. At issue, many on the Hill believe, how many seats each party should put at risk by voting for this deeply unpopular bailout.

The Dow has fallen 700 points so far today.

Well! Thank goodness John McCain suspended his campaign!

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