My one overarching desire for this bailout bill is that both Obama and McCain have a vote on the books. I really don’t want to hear that if they had been there they would have done blah blah blah. I believe it is more important to have them register a decision that to discuss it to death. I want to see if Obama votes “present”.
Since I’m a clueless noob when it comes to explaining the mess we are in now, I’ll let some others do it. For more information on the current debacle, go read these blogs and articles.
A Primer on the Mortgage Crisis, by Mike K.
Rachel Lucas (I’m not rewriting that title, but the quoted articles are vital for understanding.)
At American Solutions, Newt Gingrich’s website, there is a lab for learning. I’m going to be spending some time there.
My recommendation for understanding this crisis is to read. A lot. From many different sources. If all you know about the economy you learned from campaign adverts – SHAME ON YOU! Because this affects all of us, we are all responsible for learning about it.