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Legal Commentary

: Althouse

"Auto bailout dead."

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"Negotiations ended, no deal.... Until next year. Corker tried to make a deal with Dems, UAW wouldn't make concessions, so it will die on cloture vote with GOP opposing. Vitter held the line too, objecting to quick vote, forcing more debate. He was strong."

ADDED: "'We're not going to get to the finish line. That's just the way it is. There too much difference between the two sides,' Senate Majority Leader Harry M. Reid (D-Nev.) announced after 10 p.m., concluding a marathon negotiating session that ended in gridlock. Reid warned that markets could plummet when trading begins this morning. 'I dread looking at Wall Street tomorrow. It's not going to be a pleasant sight,' he said."

So Reid deliberately sets off a panic. Thanks a whole hell of a lot.


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Full post as published by Althouse on December 11, 2008 (boomark / email).

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