i don't think the dem's version can be passed, at least not easily. they want a bail out, basically using taxpayer's money to buy those toxic assets from those banks. but the gop has an alternative version, they call it work out, that is, loan those banks with treasury + 2 rate, to solve their liquidity problem, then they have work it out their own problem.
i think the later is fair.
my take on the bill 9/29/2008 22:37
I think those who support the bail out are simply irresponsible and 没人性
开会 at 9/29/2008 22:44
|I think those who support the bail out are simply irresponsible and 没人性|
but i heard the bail out of aig is quite good deal, the gov may profit fromt that.
genie at 9/30/2008 08:44