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September 28, 2008

Bailout deal reportedly done

But Passive Pelosi™, aka Big Mama Bailout, says it’s still not on paper.

No word on what is in the 100-plus pages that’s different from midday today. I’d guess the House GOP got its stupid mortgage insurance plan; we’ll see if Dems had brains and conejos to insist on something in return, including but not limited to McCain’s vote.

And, as late as three hours earlier, House GOP rebels were still denying a deal was done.

Also, Dems have caved to Bush/Paulson a bit on the "first installment," which is now set at $350 bil.

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