Hmmm...i don\'t know what to think...the market lost over a trillion dollars yesterday. That is definitely going to impact some folks...i think they should\'ve passed the bill..people are saying don\'t bail them out, but what happens when this situation causes the company you work for to lay you off? Then i\'m sure people would have second thoughts. As long as people are not being affected by it, people will say resist it,..but as soon as it affects their life, then people will start crying over it.
And it seems that a certain amount of republicans that was going to support the bill, changed their mind at the last minute because of a speech nancy pelosi stated? At a time in which the economy is on the brink of collapse these people would rather have the economy fail than help the country... pathetic. And i realize that there are people from both sides that do not want this bill, but i think they need to do something...i don\'t think they should wait until companies start laying folks off because there\'s no money being circulating in the economy,..it\'ll be far too late by then.
But some have stated that there is no real crisis and that the markets are fine, and i disagree...there\'s a serious problem with the economy and these big financial firms falling off the map is a cause for concern....i\'ve heard that this bill is not greatest, but it\'s a whole lot better than what was originally presented...and my thing is that i strongly felt that it should have some type of documentation for the folks facing foreclosure due to those sub-prime loans.
Yes, people should have known better, but the banks are responsible here as well, let them take a hit on the interest and allow these folks to finish payin\' off those loans at a rate they can afford..