Friday, September 26, 2008
Understand Why The Bailout is a Needed Rescue Now
I'm going to add my energy to the crisis resolution now. There is a 700 billion US economy rescue plan being debated in Washington that is being opposed by some House Republicans for purely political gain, to show their voters back home that they don't give Wall Street a bailout free ride.
This is a very serious moment in history. The 700 billion is not a gift to the rich people on Wall St. It is a way to get money back to American businesses while the Wall St mess is sorted out. Make no mistake, many Wall St elite are losing their shirts. But because banks stop loaning money for fear of who's going to go under next, the entire American economy is freezing up for lack of money to run. Your grocery store won't be able to borrow money to stock the food to sell you, you will starve soon you Americans who want to punish the rich.
If you call in your support to Washington to pass the 700 billion rescue plan, then the US will get a lot of that money back over time, and you will keep your jobs, be able to buy food and cars and homes, and we will all survive.
Do it, get this right, don't react in ways that drive the politicians to block your own rescue!
This is a very serious moment in history. The 700 billion is not a gift to the rich people on Wall St. It is a way to get money back to American businesses while the Wall St mess is sorted out. Make no mistake, many Wall St elite are losing their shirts. But because banks stop loaning money for fear of who's going to go under next, the entire American economy is freezing up for lack of money to run. Your grocery store won't be able to borrow money to stock the food to sell you, you will starve soon you Americans who want to punish the rich.
If you call in your support to Washington to pass the 700 billion rescue plan, then the US will get a lot of that money back over time, and you will keep your jobs, be able to buy food and cars and homes, and we will all survive.
Do it, get this right, don't react in ways that drive the politicians to block your own rescue!
