Newly imported Mercedes-Benz autos pile up parked in the port of Long Beach instead of on dealership lots | AP Photo/Damian Dovarganes Plans to vote on a $25 billion bailout for the "big three" automakers were scrapped by congress yesterday after discussions focused, not on how the industry will fix the problem with taxpayer money, but on how they each used corporate jets to travel to Washington DC. "There's a delicious irony in seeing......

"Hollywood Casts Wall Street as Villain to Tap Anger at Crisis," writes Bloomberg in a headline about film and TV studios "rushing to tap America's fixation with the financial crisis and anger at the Wall Street executives blamed for it." For example, some current working titles include "The Wolf of Wall Street," "Confessions of a Wall Street Shoeshine Boy" and a familiar one, this time in sequel-mode, "Wall Street." "Our development is tied to what......

Valley Congressman Brad Sherman (D-Sherman Oaks) stood his ground on Friday during the second House bailout vote that passed. He, along with the majority, voted no on Monday and he once again voted no on Friday, although that time in the minority. During a session of congress on the night before Friday's vote, he said proponents of the bailout were apparently saying martial law be put in place if the vote didn't go through.......

President Bush signs the Emergency Economic Stabilization Act of 2008 in the Oval Office at the White House in Washington after the House passed the $700 billion financial bailout bill, Friday, Oct. 3, 2008. (AP Photo/Charles Dharapak) The House voted Monday and didn't pass the bailout, but today was another day. Most Los Angeles area representatives didn't change their vote from Monday, but four democrats went from a no vote to a yes vote,......

The House rejected the bailout plan earlier today sending stocks down and worrying people across the nation. Mayor Antonio Villaraigosa, who is not happy with the idea of bailing out the "failed lenders and investors," is not satisfied with congress doing nothing. He tells Congress to get back to work in a statement released this afternoon. While it's obvious Congress still has a lot of work to do, Villaraigosa's statement emphasizes how all of this......

A New York City trader takes a break as the Dow Jones Industrial Average plummets after the government's financial bailout package failed to survive a vote in the House (AP Photo/Stephen Chernin) The results are in and the House voted 205 to 228 to reject the Bailout plan which in turn sent stocks plunging. So how did your Los Angeles representative vote? Many of the representatives and their vote are listed below. If you......

On your commute home tonight, don't be surprised if you see corners full of people protesting President Bush's proposed bailout of Wall Street (did anyone catch Bush's broadcast last night?). Instead, members of True Majority want to save Main Street. Protests are planned for 3rd Street Promenade in Santa Monica, at Highland and Melrose across from Mozza and a few other locations from around town.......