One Step Closer?

With last night's passage of the Bailout Plan by the Senate are we one step closer to an end to the "financial crisis"?  All I know is my 401k and stock is dropping like a stone. The problem I see is that a lot of economists seem to think it might not be necessary--well at least 200. While I think the house is playing political games on both sides it is giving us some breathing room to look at what they're really doing. If you read the 400+ pages of the senate bill you will see there is a lot of crap in there. While I think solar and wind tax credits are good they shouldn't be tacked onto a bill like this.  When browsing the bill I see that the TARP (Troubled Asset Relief Program) could be very disastrous. The whole bill is very general and only establishes frameworks for the Secretary of the Treasury to fill in. What a lot of politicians have said is the bill is too general and needs more oversight. From what I can see there is some greater oversight but still the vast majority of power still rests with the Secretary. They haven't fixed the problems they said were to be addressed earlier. That being said I don't think congress can wait any longer to pass the legislation, not just for the market's sake but for their own. If the House can't get together and get a bill passed it shows how unfit they are to even be representing us at all. Inaction and political infighting is what is wrong with American politics and what has been brought to the forefront with this legislation and the battle to pass it. Hopefully this moves us one step closer to a revived economy where people can donate money to their favorite blogs.