bMighty vs. Bernanke -- Bailout EditionbMighty vs. Bernanke -- Bailout Edition

What's $100 billion among friends? For the House of Representatives, it's the difference between rejecting a bailout bill and passing one. Of course, it's not that they took $100 billion OUT of the bill. Instead, they turned a $700 billion bailout into an $800 billion "rescue package."

Sheesh.President Bush has already signed it, and Treasure Secretary Henry M. Paulson Jr. says his team is already working on putting it into effect. So it turns out we won't get to find out if NOT passing the bailout would have led to catastrophe. And we'll never even know the real cost of delaying things a week, after everyone made such a huge fuss about how it had to be done RIGHT NOW. And we'll never know if one of the many alternatives floated would have done a better job with less risk -- and less moral outrage at the thought of giving all that money to the incredibly wealthy people who frakked it all up to start with. Here's Bernanke telling us how urgent passage was, way back on September 24.