Saturday, October 4, 2008

BAIL OUT!!!!!


I chose this weeks current event on the very important and most recent topic of the past weeks the wall street bail out and the signing of a bill that is suppose to better the situation and you can access this link on http://news.yahoo.com/s/ap/20081004/ap_on_bi_ge/financial_meltdown
today Friday October 3, 2008 president bushed signed a bill passed by congress to let the government have a $700 billion dollar bail out.He says by doing this that they have confronted the biggest economic disaster since the Great Depression if lawmakers failed to act. It was also stated that by Rep. John A. Boehner that we are still in the midst of a recession . He also goes on to say that the ride will be rough but the rescue plan is going to make it not as rough.

I think this article was pretty straight forward expect some of the words used make it seem that he leans more toward republican be cause he used the words rescue plan and that's what the republicans call it. I think its still general on exactly wat its going to do and how it doesnt put it in lamans terms for the average person.a strong opion is i hope its the best thing for my and my childrens future.its important because it envolves our country and well being finacially that is why its important and effect me. my biggest question is why did this republican plan sway more black democrats?

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