LET IT FALL.
it is the only way to ensure it never happens again. the haves will become the have nots and the have nots will have an opertunity to jump in once it bottomes out and make some money.
this bail out bill only ensures the people who created the problem wont suffer from it. for 90 percent of americans it does NOTHING but add a trillion dollars to our debt each and every single one of is will be paying for years into the future.
LET IT FALL.
spend the 700 billion AFTER it falls on jobs programs if necessary.
here is why spending that money on jobs programs and other social programs for the middle and low income tax payers works so much better than spending it on bussiness and the rich.
99.9 percent of the money you spend at the bottom goes DIRECTLY back into the economy. poor people dont stash it. they buy stuff they need RIGHT NOW. it is a direct pipe line into the economy.
rich people on the other hand, or bussiness, stash it. they invest it in the market, sit on it in a bank to draw interest, or blow it on an over priced house in which case the money goes directly back to the bank.
the dems have it right. the path to prosperity for the country as a whole is from the bottom, not the top. thats why the economy tanked under regan, bush sr, and bush jr, but flourished under dem controll. Clinton, a DEMOCRAT, was the ONLY president in the history of our country to EVER ballance the budget.
fiscal conservatives should be voting democrat, not republican.