The House of Representatives today rejected a $700 billion plan to bail out the U.S. financial system, putting a roadblock in front of the largest government intervention in the markets since the Great Depression. The Dow was down more than 500 points after the voting ended. - CNN.
Let me tell you. I don't pretend to understand the specifics of the plan but this boiled down version makes it seem like the wrong way to go: http://www.clusterstock.com/2008/9/analyzing-the-bailout-what-s-in-it-anyway-
I'm hoping for good time fun during the VP debate. http://jeffreygoldberg.theatlantic.com/archives/2008/09/sarah_palins_terrifying_ignora.php
Let me tell you. I don't pretend to understand the specifics of the plan but this boiled down version makes it seem like the wrong way to go: http://www.clusterstock.com/2008/9/analyzing-the-bailout-what-s-in-it-anyway-
I'm hoping for good time fun during the VP debate. http://jeffreygoldberg.theatlantic.com/archives/2008/09/sarah_palins_terrifying_ignora.php