After a brief spurt of optimism last week, the tumult continued on Wall Street. All the major U.S. indexes saw sharp declines Monday as investors waited for signs that Congress will follow through on a massive economic restructuring plan. Although the plan for the US government to take over bad loans appears to have calmed markets overseas, some analysts say the sheer size and scope of the bailout could delay passage on Capitol Hill. VOA's Mil Arcega reports.
Banks to start lending to whom again? Give the tax payers the money to pay off their loans to the banks. That way the banks get their money and the people keep their homes. That's a win win if you ask me, not this take from the poor and give to the rich bail out pakage being shoved down congreses throats right now. Say NO to the bail out at all cost until the people of America get aided the most.
h2opower 3 years ago