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Saturday, September 27, 2008

$700 BILLION Bail Out



"Raging Grannies member Mery Guedon, of Redwood City, protests against bailouts at Lytton Plaza on Thursday in Palo Alto. People across the peninsula protested against the $700 billion bailout presented to congress by President Bush."

Man, $700 billion is a lot of cash... where the heck to they get this money? I thought we owe trillions of dollars? I know we owe billions to China! I am not very good with economics and stuff so I can't say this is a good thing they are doing. Here they are cutting funds for schools that we NEED but want to bail out corporations with overspending to bay their CEO's big bucks. Greet with money is not a good thing and what goes up must come down.

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