It seems that the Senate is still the place where the actual good of the country comes ahead of insane ideology or Nancy Pelosi hurting people's feelings. If the House goes 0-2 then we will see a 1000 point drop that has been predicted in the past.
House GOP opposition appeared to be easing after the Senate added $100 billion in tax breaks for businesses and the middle class, plus a provision to raise, from $100,000 to $250,000, the cap on federal deposit insurance. They were also cheering a decision Tuesday by the Securities and Exchange Commission to ease rules that force companies to devalue assets on their balance sheets to reflect the price they can get on the market.
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