Bailout Failout

So the bailout failed to pass because of House Republicans. Sullivan's take here, Yglesias here, here, and here. Cesca here and here.

My thoughts? It seems the House Republicans failed to deliver on the votes promised on a compromise bill. House Dems should draft a real progressive reform bill and pass it on pure party lines and really hammer it home that the Republicans have pretty much fucked Main Street.

And the market seems to be in a race to the bottom.

EDIT: Markets close in a moment. Final damage: -777. Ouch.