While the bailout package was backed by President Bush and the leadership of both parties in the House, its failure puts a spotlight on the less prominent figures in the House of Representatives.  And leaves local investors looking for answers.

The final vote on the bailout bill was 228 to 205.  The narrow defeat, aided by Representative Tim Walz and three other Minnesota House members sent both the stock markets and onlookers into deep concern.

"If Congress fails to act right now a lot of Americans, says Senator John Greg, will be losing their jobs."  While Representative Walz feels the deal was improved over the weekend, and that a compromise will eventually be reached, he said he could not vote in good conscience for some of things in this particular bill.  Rep. Tim Walz says, "This thing allowed for foreign central banks, say for example the Bank of China would have been able to sell some of the toxic things they had bought, cut themselves out of their losses, sold them to an American bank and have the taxpayer take responsibility for them. I in now way want to bail the Bank of China out of a jam on the backs of taxpayers."

As for the crash in the stock market, it isn't the first time the Dow has been hit hard, though this time was definitely the biggest.But financial advisors insist the free markets always find their way back.

Larry Maruska says, "I've been in the business for 30 years and I've seen all kinds of things go on, we've seen the tech bubble crash, the decline of the market in 94, we saw the SNL crisis, we saw the farm crisis, we saw the 87 crash - all those various things and the markets always come back."

How deep the housing crisis will damage the U-S economy, and how long it will take to recover is still unknown.Forcing the markets and investors to look to Washington on Thursday for answers.