Financial meltdown?


UPDATE: The Senate passed the bill 74-25. The House of Representatives is back in session tomorrow.

As I write this blog on Wednesday, the Senate is debating whether to pass its version of a financial markets bill (At the moment, Sen. Bernie Sanders, I-Vt., is pontificating in front of a large poster of Treasury Secretary Henry Paulson; he's detailing the millions in compensation Paulson has made in the past five years). A vote is expected tonight.

We sent a NewsPoll to readers this morning, asking them whether they agree with the government’s plan to spend $700 billion in taxpayer money to bail out the financial market. In less than 24 hours, more than 200 readers have responded. A large majority of readers say, "No." They also say the crisis has not affected their ability to borrow money and they don't think the bail out will help.

Do you agree? Vote and submit comments at:

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