Current+Courtenay

http://www.huffingtonpost.com/2008/09/20/bush-asking-for-700-billi_n_127926.html

Bush Asking for $700 Billion Bailout

Bush, trying to save the big companies that the government has invested in, decided to give these big companies such as Fannie Mae, Freddie Mac and AIG, 700 Billion Dollars to save them. The government thinks that the risk of not doing anything would be much higher than the risk of actually giving them money. Instead of adding onto the bailout, a plan that would assist jobless people and the middle class, Bush decided to"Avoid controversial subjects" that would "delay action". Bush and Obama are both saying that we all need to work together, regardless of party affiliation, and try to stop our country from having another Great Depression.

Questions: How does Bush propose to help the middle class? Is he doing anything, or just trying to help the big business? What is the government's plan for the future? Or are they

http://money.cnn.com/2008/09/24/news/economy/bailout_equity_stake/index.htm?postversion=2008092413

Uncle Sam: Stockholder?

Is allowing the government to have huge shares of stock in this big companies a good idea? it's basically putting the government in charge of all these huge companies as well as the country, so they have even more power and more access to money, which they have proven that they cannot handle, seeing as we are in billions of dollars of debt already. Also, one of the men who made the decision, used to be the CEO of Goldman Sachs, and its partly his fault that this whole financial crisis happened. We are now entrusting him with 700 Billion dollars of our tax money.