Will the 700 billion Bail out work?
Personally I don't believe the 700 billion bailout wont work because of several reasons. Now
both parties Democratic and Republicans are both infatuated with putting money back in the
economy, even though its a good Idea for now it doesn't mean is going to be a cure. Now I believe
most business should suffer for their mistakes like for example GM: they should of know that
gas prices was going to be a factor in the economy so they should of done better fuel economy
vehicles. as well for banks they should pay for their mistakes like acknowledging what bad loans
would bring them, besides most business in the U.S. cant succeed without the US government's
help. I just think they need to change the fundamentals of most business. The only good thing is
that Henry Paulson have great experience in the bank in the industry and theres not a better
man for the job.
both parties Democratic and Republicans are both infatuated with putting money back in the
economy, even though its a good Idea for now it doesn't mean is going to be a cure. Now I believe
most business should suffer for their mistakes like for example GM: they should of know that
gas prices was going to be a factor in the economy so they should of done better fuel economy
vehicles. as well for banks they should pay for their mistakes like acknowledging what bad loans
would bring them, besides most business in the U.S. cant succeed without the US government's
help. I just think they need to change the fundamentals of most business. The only good thing is
that Henry Paulson have great experience in the bank in the industry and theres not a better
man for the job.
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