It passed.
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.
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.




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