MNBC: US Senate to vote on bailout bill tonight - calling this bailout a good thing by any other name still means helping the "fat cats"

For the complete report by msnbc.com click on this link

US Senate to vote on bailout bill tonight - calling this bailout a good thing by any other name still means helping the "fat cats"

In a surprise move to resurrect President Bush’s $700 billion Wall Street rescue plan, Senate leaders slated a vote on the measure for Wednesday — but added a tax cut plan already rejected by the House. Majority Leader Harry Reid, D-Nev., and GOP Leader Mitch McConnell of Kentucky unveiled the plan Tuesday. The Senate plan would also raise federal deposit insurance limits to $250,000 from $100,000, as called for by the two presidential nominees only hours earlier. The move to add a tax legislation — including a set of popular business tax breaks — risked a backlash from House Democrats insisting they be paid for with tax increases elsewhere.

Note EU-Digest

This move by the US Senate is another tactic to force this unpopular "give the government a blank check" bill of 700 billion down the throat of the US population. Democrats and Republicans should scrutinize this vote very closely and note the names who voted against or for it, so come November they can vote accordingly. This move by the Senate is also seen as a tactic to force the Congress to reverse their earlier vote. If Democratic and Republican Senators really listen to their voters this bill in the Senate shall also not pass.