It would almost be laughable, since most that I spoke with saw it coming anyway, except for all the lambs that decided to follow their shepherds to the slaughter house, are about to get their first liberal wake-up call. (Just whose side is Paulson on, anyway? Idiot!)
The $700 billion ($850 billion in total) bailout package that democrats spouted throughout Obama's campaign would go to help struggling homeowners pay back some of their mortgages and allow them to keep their homes has just been taken down the avenue that I assumed it would be. (See World Bailouts and Lower Petro Prices.) The U.S. government is going to buy up stocks in the major financial markets, giving the government stock-holder status over the companies that lend money, and even over the companies that affect the citizens in a financial way although they're not literal financial institutions, i.e., the auto industries.
For more details, see "Paulson: Troubled assets will not be purchased"
The $700 billion ($850 billion in total) bailout package that democrats spouted throughout Obama's campaign would go to help struggling homeowners pay back some of their mortgages and allow them to keep their homes has just been taken down the avenue that I assumed it would be. (See World Bailouts and Lower Petro Prices.) The U.S. government is going to buy up stocks in the major financial markets, giving the government stock-holder status over the companies that lend money, and even over the companies that affect the citizens in a financial way although they're not literal financial institutions, i.e., the auto industries.
For more details, see "Paulson: Troubled assets will not be purchased"