Bailout Rejected
Well, congress rejects the $700-billion bailout or rescue of the US of the financial industry, and this has sent stocks plunging. Economist Jeffrey Miron writes that bankruptcy is the solution, not bailout.
David Callaway, on the other hand, believes that the rejection of the bailout has cost the American people $1 trillion. If it costs that much, what kind of effect will this spillover to other countries?
John McCain steps up the attack on Barack Obama.
