USA banking bail-out

[Guest guest]

Since we are having all sorts of off topic posts today, I will post one:

The Wall Street Journal writes Wall Street's obituary as the banking

system collapses

http://online.wsj.com/article/SB122212648830465179.html

Q & A: The US banking bail-out

How the US government is planning to save Wall Street banks and the

opposition it is facing * Graeme Wearden * guardian.co.uk,

* Thursday September 25 2008 12:44 BST

http://www.guardian.co.uk/business/2008/sep/25/wallstreet.banking

$700B Bailout Alternative: Another Great Depression, Officials Say

By Martha Neil, ABAJournal.com

http://www.abajournal.com/news/700b_bailout_alternative_another_great_depression\

_officials_say

G7 backs 'extraordinary' US plan to end crisis

http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_fina\

nce/article4803793.ece

Financial Crisis: Britain needs a US-style financial system bail-out

Trust is in short supply during a financial crisis, so asking for

someone's complete and undiluted faith right now is a risky gambit.

By Edmund Conway, Economics Editor

http://www.telegraph.co.uk/finance/comment/edmundconway/3081369/Financial-Crisis\

-Britain-needs-a-US-style-financial-system-bail-out.html

Meanwhile, USA Conservatives balking at Wall Street bailout

http://news./s/uc/20080919/cm_uc_crpbux/op_337446;_ylt=AlPE_7NW7VfGuXmn\

_p7CP34__8QF

http://news./s/uc/20080923/cm_uc_crpbux/op_337476;_ylt=AlvQ.x_iFBi2olIK\

My8dQV0__8QF

http://www.washingtontimes.com/news/2008/sep/24/conservatives-balking-at-wall-st\

reet-bailout/

http://reason.com/news/show/129017.html

http://www.cnn.com/2008/POLITICS/09/25/sanchez.mainstreet/index.html?section=cnn\

_latest

especially because

Loan Titans Paid McCain Adviser Nearly $2 Million

http://www.nytimes.com/2008/09/22/us/politics/22mccain.html

And liberals are balking

http://www.huffingtonpost.com/cenk-uygur/this-federal-bailout-prop_b_127837.html

http://www.latimes.com/news/nationworld/world/la-fi-euromood20-2008sep20,0,69117\

8.story

http://www.guardian.co.uk/business/2008/sep/17/recession.labour

And the public is unhappy

http://www.latimes.com/business/la-fi-voxpop26-2008sep26,0,3246836.story

And other nations are unhappy

http://www.smh.com.au/news/world/when-the-world-loses-its-faith-in-the-land-of-t\

he-brave/2008/09/21/1221935456441.html

And panic and hysteria is in the air

http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2008/09/25/MNUI135BTU.DTL

http://www.nytimes.com/2008/09/23/business/23retirees.html

But the CEO's who caused the problem are drinking champaigne and

eating caviar

http://news./s/ap/20080925/ap_on_bi_ge/bailout_ceo_pay