Lack of Government Bailout Causes Stock Market Crash
Monday, September 29th, 2008Today, the failure of the US Congress to pass the financial system bail legislation might very well become one of the most important days in modern history. You see, the banking system is on the very of collapse and really needed a government rescue. More than half of the House of Representitives voted against allowing the government to buy up to $700 billion in toxic loans. This bill might very well have saved wall street, main street, and the rest of this country! The government today seperated themselves from wall …
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