Economic rescue plan news: Details emerging
Posted on September 25th, 2008 by Warren
You’re probably not reading here if you want current news regarding the historic meeting between Obama, McCain, Bush and Congressional leaders, but since you are here, check out these links for sites that are monitoring the developments.
National Review – Larry Kudlow
Meanwhile, economiic numbers out today smell like recession…
Bush says the meeting going on now is designed to gain consensus regarding the rescue plan…
I pray this so called “bailout” plan fails.
The economy is going in the tank either way. This bailout plan does nothing but pay off the debts of crooked banks. It will not save the U.S. economy.
When home prices stabilize, businesses stop failing, bankrupcies subside banks will loosen up. Until then banks won’t be loaning money with or without a “bailout” plan.