(no subject)
So. . . I seek the thoughts of wiser people on my friends list.
There's all this talk about a $700 million government bail-out of the country's major financial institutions, virtually all of whom seem to be on the brink of implosion. Government financial advisors are all going "Dudes! PASS THE BILL AND GET THE MONEY OUT THERE!" but Congress is dragging its heels.
I don't understand how this works. I don't understand what the pros and cons are, or how that $700 million would be distributed and disbursed if it passes. I would like to develop a more informed understanding, and perhaps eventually an opinion, on the matter, but I don't know where to look or who to ask.
Thoughts? Suggestions? Recommendations? Opinions?
There's all this talk about a $700 million government bail-out of the country's major financial institutions, virtually all of whom seem to be on the brink of implosion. Government financial advisors are all going "Dudes! PASS THE BILL AND GET THE MONEY OUT THERE!" but Congress is dragging its heels.
I don't understand how this works. I don't understand what the pros and cons are, or how that $700 million would be distributed and disbursed if it passes. I would like to develop a more informed understanding, and perhaps eventually an opinion, on the matter, but I don't know where to look or who to ask.
Thoughts? Suggestions? Recommendations? Opinions?