The House passes the Plan

The vote: 263-171.

Why did the new bill pass when a superior bill failed on Monday? The New York Times reports

The revolt earlier this week by the House's rank and file was quelled both by fears of a global economic meltdown, and by old-fashioned political inducements added to the deal by the Senate.

Fear-mongering and bribes proved sufficient to perpetrate this fraud.

N.B: Alas, my analysis here was proven wrong by today's vote. The Bush regime and the remnants on Wall Street did use scare tactics to push through Congress another appalling piece of legislation.