So the bailout finally passed the House and the Senate, after $107 billion
worth of bribes and oddities were added to sway different members of
Congress. Bush signed the bill two hours after it passed the House and
the media swarmed, as usual.
Here's the biggest issue for me. I still have NO IDEA what the
implications of this bill are. I know that it bails out the wealthy who
got into the whole mess in the first place. And I know that the middle
class, as always, is getting screwed. But I don't know what it means for
me, a 20-year-old college junior. I can see the effects of our faltering
economy -- I serve at a restaurant and far less people come into eat. I
see it in astronomically high airfare prices and gas prices. I know less students can afford college and
more people are faltering on their mortgages.Â
Is this bill going to fix that? I'm
guessing not. But I couldn't tell you
for sure, because I don't understand the bill. Â
