That was written five days before the bailout failed. And certain members of Congress and voters still aren't convinced.
Despite all the finger-pointing and blame-assigning going on, it's clear that neither Bush nor Congress has communicated clearly what this plan means. Democrats like to blame the Republicans for using fearmongering to win elections, but both sides in this case have done little more than stand before the American people and say, "Give us $700 billion dollars or everything is going to hell. You can trust us." That's no way to communicate the importance of the situation.
And neither is taking off for two days. Religious holiday or not, the move doesn't exactly scream "national emergency" -- and neither did Nancy Pelosi's little speech right before the vote yesterday. Seems to me that if you want to convince a hundred or so stubborn-minded House Republicans, you don't a) insult their party and then b) give your own party members free passes not to vote for the bill. And the Republicans, instead of whining that Pelosi called them names, could have explained a little more why -- aside from fear of losing their seats in November -- they're adamant this thing isn't passed.
The interesting thing is that if in the next two days the market rebounds a little, it will make voters think this is even less urgent that Bush, Paulson, Pelosi et. al are claiming.