The bailout has not failed IMHO. It has had a setback, but will continue forward. It will be tinkered with again and again to satisfy members that voted no but are not hardcore in their belief. A tweek here and there is all it may take. I believe something like allowing bankruptcy judges to change mortgage terms, or increased intervention in forclosure proceedings could be what tips the scales. The main objections, other than ideology, seems to be not enough protections for the average homebuyer about to lose his home. So action in that area could sway enough votes to pass it. This bailout will eventually pass. Too much political capital has been expended for it to fail altogether. I believe the biggest fear of the GOP is that they have been in charge for over a decade and have pushed for free unregulated markets and it has now come home to bite them in the rear. That is a common voter perception and we are VERY close to that time. I think Obama is now a shoe in and the republicans will take more hits in Congress over all this. But again, a bailout will occur eventually. IMHO
..........al
