Although most main stream media won't tell you, there is alot more to the now pending bailout than meets the eye.
To begin with, its a open ended $700 Billion Dollar bailout which means that to start with the bailout is for $700 Billion but at any time the Federal Reserve Bank (Which by the way is privately owned and not part of the Federal Government) can up the amount of the bailout.
Next it is written into the bailout that no one involved with the bailout can be held to answer for anything illegal at any time connected with or to the bailout.
The next thing that really should bother the American people is the Congress will not be allowed to have checks and balances over this bailout or the Federal Reserve or the Treasury.
Treasury Secretary Henry Paulson "is in effect becoming the dictator of the American financial system
The last thing is that ALL of the rest of the World is invited to become part of this bailout, basically any Bank from any country can have its bad debts bought by the United States and the American People will have to pay it.
The other thing that We the American People, can go through a Recession and let the Banks and Investment Entities go under (they will either way within 9 months on the out side). With the Bailout it will just dig the Tax payers alot deeper hold to try to dig out of.
And "NO" you will not get a break on you house payment they will go on as always.
So in closing I urge each and every True American to stand up for once and call your Congressman and the White House and Scream as loud as you can "NO BAIL OUT"
The time of all of the FREE LUNCHES for Congress and The White House is at a end. And it END'S NOW.
