Auto bailout fails in the Senate

The auto bailout failed in the Senate tonight as Republicans balked at the proposal setting up a huge problem for the American economy as there is potential that one if not all three of the American auto makers will go out of business.

What are the immediate reactions? Check out twitter for that info:

@gma_news writes: Breaking News: Asian stocks drop as US Senate rejects auto bailout http://tinyurl.com/5fmmc3

The entire search.twitter.com  thread for the failed bailout is here        

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