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Bailout News & Views

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BAILOUT NEWS & VIEWS

Money Talks
*SERIOUS FINANCIAL NEWS Worth Reading and Watching | CNN Money has the latest news about the financial meltdown and, hopefully, news about how the government and others are doing something about it. | For CNN Money, Click Here> | For more money news, visit C-SPAN.org, Economist.com, Fortune.com, FT.com, MSNBC.MSN.com, NYTimes.com, Time.com, USAtoday.com, WashingtonPost.com, and WSJ.com.

Who Should Be Funding the Bailout? The Rich
*TRUTHOUT.COM TOOK NOTE of U.S. Sen. Bernie Sanders' bailout plan | The Senator from Vermont has a proposal that may be more in line with middle class sentiments: Why should taxpayers be left holding Wall Street's bag of rotten excess. | Click Here>

'Behind the Bailout' Updated
*ASHEVILLE AUTHOR/JOURNALIST MICHAEL HOPPING Updates His Commentary about the Proposed Financial Markets Bailout | Hopping writes: "I can live with this bill, though I’m disappointed that bankruptcy judges don’t get additional authority to redraw mortgage terms." | For Mike "Meet Me in Paradise" Hopping's updated report on what's behind the massive financial bailout, visit michaelhopping.com or Click Here>

What, Me Panic?
*HOW NOT TO PANIC About the Stock Market | Although easier said than done, a little calming message with some practical investment advice provided by the Consumerist.com might not be such a bad thing during these crazy times. | For ideas that go beyond just parking your retirement savings in a 0% t-bill, Click Here>

Senate Passes Bailout Package 74-25, House to Vote Next
*SERIOUS FINANCIAL NEWS Worth Reading and Watching | CNN Money has the latest news about the financial meltdown and, hopefully, news about how the government and others are doing something about it. | For CNN Money, Click Here> | For more money news, visit C-SPAN.org, Economist.com, Fortune.com, FT.com, MSNBC.MSN.com, NYTimes.com, Time.com, USAtoday.com, WashingtonPost.com, and WSJ.com.

What's Coming No Matter What
*WHY THE REVISED BAILOUT PLAN Remains a Bad Idea | Columnist Pat Richards writes: "Everyone keeps saying that the $700 billion 'rescue' plan will 'unfreeze' the international credit markets, and then the sun will rise again on Wall Street and light up a new day for our economy. That's a sweet dream, but it's only a dream. Here's why." | Click Here>

Bailout Should Help 'Main Street' First
*CONGRESS SHOULD CONSIDER Economic Rescue for All Americans | Ben Foster of Benz Signs in South Buncombe forwards this thoughtful blog about alternatives to the modified Paulson plan | Click Here>

Stop the Foreclosures
*BANK BAILOUT Versus Homeowner Security | Asheville consulting engineer Phil Bisesi wants Congress to "vote for the citizens and small investors, rather than the big investors, banks and brokers." Here's Bisesi's strategy to reduce the risk and the price tag of the bailout for taxpayers. | Click Here>

SPREADING THE WEALTH 'Goes Upward' | Opinion piece about how Federal Reserve chairman Ben Bernanke and U.S. Treasury secretary Hank Paulson are spreading the wealth | An original by Truthout.com: Click Here>

*MARKET Watch | Follow the bouncy ride. Click Here>

*SERIOUS Financial News | Worth Reading. Click Here>

*BAILOUT DETAILS ABOUT H.R. 1424 That Have Been Signed into Law | To read H.R. 1424 posted at the Library of Congress, Click Here>