yesterday afternoon it seemed as though much progress had been made on the "bailout" but then and as the night infolded and this morning several legislators came out and had reservations. My guess is that they have been overwhelmed by calls and e-mails that taxpayers have said "hold on there buddy, it's my rear end your'e throwing in the fire!"
Although the discused plan on this thread has incorrect numbers it does show that maybe the solution the public wants is to start from the bottom up rather than save the bigs boys first and let a little trickel down to me.
Honestly in trying to research what is in the provisions of this bailout it doesn't look like it helps anything but Wall St. The lenders and brokers will get off scot free, forclosers will still continue, lending will be tight for consumers, credit card molestation will continue, and business just goes on - just at our expense. I can't make a logical decision on how to say yea or ney to my congressman with the information being provided. My biggest fear is that something will be decided and voted on before we as citizens have a chance to digest the outcome before it comes to pass.