Thursday, October 2, 2008

Bailout, Rescue, Hello Debt?

Well, actually it's all three. We are in fact, bailing out those companies (which exactly get a portion of the moneys is to be determined) who are in disarray. Mostly the bank and housing area. The original 700 billion 3 page plan was written up and supported by most... Senator McCain and Obama both supported but each had their own individual stipulations that wished to be included. Although, in the vote Democrats and Republicans failed to pass the action. Now the new plan is 810 billion... not sure where they pulled that number from... but thats it. Wall street wants rescued... Do I feel like the government should get involved? Do you feel those companys should continue to run their businesses the way they have... or should they reevaluate and figure things out within? Or should they be bought out by another company looking to diversify or a competitor thats not struggling and has the resources to buy?
One thing is for certain... change.

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