I wish Congress was close friends of mine!

Bailout is law

President Bush signs historic $700 billion plan aimed at stemming credit crisis.

NEW YORK (CNNMoney.com) — After two weeks of contentious and often emotional debate, the federal government’s far-reaching and historic plan to bail out the nation’s financial system was signed into law by President Bush on Friday afternoon.

“By coming together on this legislation, we have acted boldly to prevent the crisis on Wall Street from becoming a crisis in communities across our country,” Bush said less than an hour after the House voted 263 to 171 to pass the bill.