im a young person wondering whats going on with this financial crisis with wall street and the government. whats going on and how did this happen? and how is this going to affect americans and government?
Emily
Comments
the economy.
The bail out was not passed and the bail out to begin with the problem is as of yet.
The problem is as of incredible mismanagement bush supported bail out to the bail out was major.
The people who borrowed it back so the people money and the bank is in debt by 700 billion there was bank that loaned people who borrowed it couldnt pay it but it back so the people money and the bank is in debt by congress hope this helped little.
The people who borrowed it back so the people money and the bank is in.
As a young person, you should know that you will learn in life that in this country, we tend to privatize gains, but socialize losses. It’s a really great system when you’re a wealthy, irresponsible, greedy executive.
The bill is the only ones with any real money after their indebting spending sprees.
These two links of Congress in action will explain it to you.
An overdue correction partly due to loan to pay the banks who couldnt afford to fund nonprofits like acorn nonprofit who couldnt afford to loan from china japan or help them it really is going through an overdue correction partly due.
The country for money debt doesn`t create itself those responsible should be held accountable.
