$700B Government Bailout Passes The Senate – Now What?
Well, after a week of speculation, conjecture, and probably more than a few backroom meetings, the governments most recent version of the $700B Wall Street bailout plan passed the Senate last night. Of course it took a whole slew of sweeteners and goodies to convince our beloved elected officials to get it done, but it's now onto the House of Representatives where it's fate will be decided.
Whether or not that will happen is another story, but there certainly are a lot of questions that remain about this bail out. Who does it help? How does it help? Who does it hurt? What does it mean for 'me'? What about Main Street?
Forbes.com just ran a great article that breaks down some of the finer points of this historic piece of legislation and what it means to you and me, the average guy just trying to make it every day.
Check it out HERE to get all the details.

Filed under Business Finances, Government, Personal Finances by admin





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