U.S.A -Going Bankrupt

Rumor has it that America's banks are going under, because of this, McCain announced last week he was "suspending" his campaign events to focus on the financial crisis, he felt this was the best way because having another depression is way more serious then campaigning.Democrats accused him of pulling a political stunt they have asked for a financial rescue package.The House of Representatives rejected a $700 billion plan to bail out the financial system, putting a roadblock in front of the largest government intervention in the market since the Great Depression. The bill failed by a vote of 205 to 228, with 140 Democrats and 65 Republicans voting in favor and 95 Democrats joining 133 Republicans against. McCain and Obama had both said Sunday that they would probably vote for the legislation, as long as it included some key principles they had pushed for. Republicans and Democrats blamed each other for the failure of the bill, which President Bush had urged Congress to approve.