DRAWING on OBSERVATIONS

Ball point pen on the morning newsprint

The 111th Senate is made up of 58 Democrats, 40 Republicans, 1 Independent and 1 Joe Lieberman, who calls himself an Independent Democrat. With 60 votes needed to pass the Health Care Bill, Lieberman has threatened to filibuster any plan with a public option.

Ball point pen on the morning newsprint

Is Health Care back from the dead? Senate majority leader Harry Reid’s bill has both a state opt out and a trigger for a public option, but the prognosis is still bleak that there is 60 votes.

Ball point pen on the morning newsprint

The Senate Finance Committee rejected both public option proposals.

Look for Wall Street to have a good day.