As you know, the House rejected the $700 billion bailout yesterday. You could hear the screams from Chicken Little soon after the vote took place and because of the panic that ensued the Dow dropped 777 points.

We were told things would get worse every day until action was taken. Congress took no action today, they recessed for Rosh Hashanah. The market rebounded 485 points. Was today worse than yesterday? Hardly.

In his comments today, the President shocked me. He said, "it matters little what path a bill takes to become law, what matters is that we get a law".

Are you kidding me? The path a bill takes to become law does not matter? Is he serious? The path a bill takes to become law matters more than just getting a law irregardless of the consequences.

We don't need a law for the sake of having a law. What matters is that we get a good law that protects the American people and their wallets. No matter what the President thinks, the path of the law does matter!

Contact your Senators and Representatives and tell them to do it right this time. Our future depends on it.

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Here's the latest in lead paint recalls.

Harry Potter Bookends Recalled By Giftco Due to Violation of Lead Paint Standard

Toy Boats Recalled by Buzz’s Boatyard Due to Violation of Lead Paint Standard

Visit the U.S. Consumer Product Safety Commission website for more information on these and other recalls.

As you know by now, the U.S. House of Representatives voted on the $700 billion bailout yesterday.

In the House, a simple majority rules. Bills can pass by a one vote margin. The Democratic Party has the majority in the House which is comprised of 435 members. 235 are Democrats, 199 are Republican, and 1 seat is vacant. In order to pass this bill today, the Democrats simply needed 218 votes.

Since the vote failed earlier today in a vote of 205-228 (1 member did not vote), I have heard talk from all of the major news outlets that the Republicans were responsible for the failure of this bill.

How did the Republicans kill this bill? That argument just isn't logical at all.

Sixty-five Republicans voted FOR the measure. Because of those 65 votes, the Democrats simply needed 153 votes from their own party, yet only 140 of them thought voting for the measure was a good idea. Along with 133 Republicans, 95 Democrats voted to kill the bill.

Without any help from Republicans, Nancy Pelosi needed 92.7% of her colleagues to vote for the bill. Because of the number of Republicans that voted for the bill, that number lowered to 65.1%. She ended up with 59.6%. Forty percent of her own caucus voted against her. This vote was an epic fail for the Speaker of the House and it showed the true measure of her leadership.

The American people did not want this bill and I commend the 228 Representatives who stood their ground and actually represented the people.

Visit the U.S. House website to see how your Representative voted. I could never serve in the House. Other members would need self defense products just to make sure they were safe when they did something as stupid as they almost did today.

The U.S. House Of Representatives voted on the $700 billion bailout today. 95 Democrats and 133 Republicans voted against it.

There is a rumor going around that some Republicans who had agreed to vote for the measure were taken aback by Nancy Pelosi's speech on the House floor.

Was that the reason for the failure of the bill? I doubt anyone changed their mind because of that speech, but if they did, I guess you could say that it was the speech that killed the bill.

This is part two of Nanny State Nancy's speech on the House floor leading up to today's vote.

Posted on Blip.tv, YouTube, DailyMotion.

The U.S. House Of Representatives voted on the $700 billion bailout today. 95 Democrats and 133 Republicans voted against it.

There is a rumor going around that some Republicans who had agreed to vote for the measure were taken aback by Nancy Pelosi's speech on the House floor.

Was that the reason for the failure of the bill? I doubt anyone changed their mind because of that speech, but if they did, I guess you could say that it was the speech that killed the bill.

This is part one of Nanny State Nancy's speech on the House floor leading up to today's vote.

Posted on Blip.tv, YouTube, DailyMotion.