The post-conference landscape
The party conference season is over and we’re back to business as usual — except that in the current financial and economic turmoil, political business is anything but normal. Last night the US Senate voted for the Bush bailout plan by a large majority, which should keep the markets happy until the House of Representatives considers the matter again. The word from Capitol Hill is that it is likely to go through on a second vote; but nothing is certain in Washington in an election year and if it fails again the global economy will be on the brink of collapse once more. The French are now proposing
