Senate bill passes, now comes the House vote

Calls from Sen. Barack Obama to, "step up to the plate," seem to resonate within the Senate

The federal intervention bill passed a Senate vote Wednesday night with a vote of 74-25 with Sens. Obama, Biden, McCain and Lugar (R-IN) in favor of it.
Seventy-four senators have voted to approve the Dodd amendment adding $100 billion. The bill now goes to the U.S. House of Representatives for a vote. The amendments were added to sweeten the pot, so to speak, so that Republican and apparently more conservative Democrat congressmen and women would approve the bill.
It was considered a "fine accomplishment for the senate," said the republican leader, Mitch McConnell, (R-KY).
In a web site statement dated September 23, Indiana Senator Evan Byah--once considered for a vice-presidential slot on what is now the Obama/Biden ticket--said he thinks the government should step in during a financial crisis.
“We have to act, but we also have to be willing to take the steps to make sure that this situation does not recur."
U.S. Representative Pete Visclosky (D-Merrillville, IN) said in a statement on his web site that he felt the crisis started with the repeal of the Glass-Steagall Act.
"This crisis is not an accident of nature. The stage was set for this crisis with the repeal of Glass-Steagall in 1999, but this crisis is not the result of a single error in policy. It is the direct result of years and years of deliberate and cynical exploitation by the captains of an unregulated industry..." he said.
Sen. Chris Dodd (D-Con.) Chairman of the Senate Committee on Banking, Housing and Urban Affairs, was thanked at length for his work on the legislation.
He in turn thanked his fellow senators and congressmen--like U.S. Rep. Barney Frank--who chairs the Financial Services Committee and who worked with him to fix the crisis.
"It's the most important thing we can do as a Congress(to restore the country's confidence and give a sense of hope). The economy won't blossom overnight. We have got a many, many difficult months ahead," he said.
Sen. Obama was right: Change is more than a campaign slogan!