I'm Confused -- But Strangely Interested

This is so complex, I don't even know how to approach it. The bailout failed to pass Monday and everyone is blaming everyone. First, I don't know whether this bailout would have worked or not. I think it would have been much better to just end the capital gains tax. That would have solved the problem overnight. It would have unleased a five-trillion-dollar tidal wave of investments that are being quashed now by confiscatory taxes on capital profits. But, let's assume this bailout would have helped. It must first be established that it was the "fault" of the Democrats that it did not pass. They control the House. They are the majority party. They could have passed the bill without a single Republican vote. But they didn't. They knew the public was against the legislation 80 to one. So, they needed a bipartisan effort so if the bailout did help, they could take all the credit and if it failed, they could blame Republicans. Ninety-five Democrats voted against it, because they feared what would happen on election day. So, warrior queen Nancy Pelosi cobbled together a FRAGILE coalition. The outcome depended on just three or four Republican votes. And what does Pelosi do then? JUST before the vote she gives a Bush-hating harangue blaming the entire mess on Republicans and the administration, who put forth the bill in the first place! Fragile coalition falls apart, both Democrats and Republicans dash to the microphones to blame the other side. The odious Barney Frank mocked Republicans for being offended by the Bush-hating Pelosi speech. No mention that 13 Democrats on his own Financial Services Committee voted against the bill. Were they offended too? If any one person is to blame for this mess (and no one person is), it is Barney Frank. What happens now? Dunno. Because, one of the most anti-Israel congresses ever, is going to take two days off for Rosh Hashanna. That means at least three days of market chaos all over the world. The good news is, if you have ice water in your veins and some spare cash laying around, this is the investment opportunity of a lifetime. UPDATE: Well, this is boring. I just wrote the morning market report and things were normal. Tokyo markets went down, but Hong Kong markets went up. In most places, the changes were under 10 points -- same for Europe. Where's the panic?