I know enough to say that putting 700 Billion into the system to pay for extreme risk takers will not solve anything, it will make it much worse if Wallstreet knows it can take these risks that are like betting on a 7-1 horse and keeping the winnings or making someone else pay if you lose. Simple economics here as we are relieving all risk for these guys making giant bets that we wouldnt touch.
Then when you see the guy saying we need this 700 billion bail out right now no strings attached is a board member of a Goldman Sacks you need to start asking yourself what his plans really are.
THe economy will not implode on this, they made a giant mistae by bailing out the things they already did, do not let them go the final step. Do not let them fear you into thinking this is a must pass bill.
Then now we hear the rest of the world is saying it must pass as its hurting them, why the hell dont they chip in then?