29 September 2008

Further disarray? They have no idea.

People go about their ordinary lives. My mates try to arrange our monthly booze-up. My sister worries about her grandchildren. The politicians squabble about the council tax.

Meanwhile, the capitalist world goes up in smoke. The Guardian reports:
A $700bn rescue plan for the sagging US financial market was defeated in Congress today, threatening to throw the already turbulent global financial markets into further disarray.
The ambitious and risky bail-out fell short, 205-228, in the House of Representatives after an unprecedented push by both Democratic and Republican leaders to win their members' support for the deal.

Maybe the people are right. But what will happen tomorrow?

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