Why Congress Bailed Out

Hurray partisan politics! Thank you so much for sending the New York Stock Exchange to its largest freefall ever. Thanks to the House sending the $700 billion plan to a vote without having the numbers on either side to carry the issue, the bill that looked as good as passed scared Wall St. into a huge hole. Their is only one reason either party would put this to a vote without knowing it would pass: elevating ones own party against the other. It is petty, and in this case horribly detrimental and irresponsible. Another couple days of amendments and hammering out details would have proved much less problematic. When people see a sure thing go down in flames it worries them that a deal may never get struck. I personally am very torn on this issue. I see the credit crunch and the gap left by fannie, freddie, and aig, as a serious economic burden. I also see $700 billion of funny money as a serious economic burden. We don't have that money to spend, and our children and grandchildren shouldn't have to spend it for us. Why don't we give one one-hundredth of that money to the lenders who didn't overextend and give too many risky loans in order that they may lend to entrepreneurs and families who will pay them back with interest?