An amateurish attempt at explaining current events large and small.
Wednesday, October 01, 2008
Senate Passes Bailout
They put in a bunch of goodies to get it through. It's going to be interesting to see what happens in the house. I think it will ultimately be passed. I have real misgivings about the bill, though, it seems like a majority of people who have an expertise in finance and economics favor passage of the bill. So maybe it is a not so awful thing.