l was watching Glenn Beck and they wwere talking about this bailout plan that is going cost $700 billion. l have no clue what it is and l really wanna know. D=
Umm, excuse you, but l tried that already. No need to be so rude.

So do you live in a vaccuum? Try reading the newspaper, looking it up online, etc etc.

l really do not know.

First of all, please excuse my English grammar skill. English is my second language; however, l will try my best to provide u with detail information.

This 700 million bailout plan is to protect the US economy from breaking down by lending money to businesses in order to provide a foltation of the economy.

There r several reasons as to why the US economy is at post-recession. The reasons r sub prime loan, failed investment plans from the middle-class families which involves false & bubbled real estate information ( l could give u several examples regarding this real estate information, but l will pass) & lastly the US overspending on Iraq war.

There r a lot debates concerning this bailout plan & the final decision will be settled this coming Friday in Washington which will include Abama, McCain & other delegates. Pros & Cons exist in this debate. Taxpayers who pay their mortage pills & any other bills on time have been showing disapproval & staying on the back of the line. On the other hand, taxpayers who have considerable debts support this plan.

l believe this plan should be abolished because the involvement of the US government in this type of situtation will bring more crisis' & gradually increase country is unstability & uncertainty. Nobody can persuade their own opinion with this plan. Let Bush decide. Will he succeed? l doubt it.

it is as simple. Wall st gambled and they lost big. Now, they want money from us. Paulson , who happens to be goldman employee wants to bail out his friends. He wants government to buy loans, which are most likely to go in default . Moral of the story is gains are for wall st and losses are for taxpayers