Opinion: Tentative Agreement Proposal for Financial "Bail-Out"

By Mr Garibaldi.
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Sep 25, 2008 by  Mr Garibaldi - 5 votes, 3 comments
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There is a tentative agreement on the table that may be on it's way to the White House for further negotiations in the mortgage and lending industry crisis. What do Americans think of it?
It takes a lot of wrangling, a lot of discussion, a lot of research, to put together a responsible and comprehensive plan for such measures as the undertaking of loaning money from the federal government into the private sector in order to ensure the survival of a nation's financial system. To their credit, it would appear that there has been a comprehensive plan put forward that may very well cover the bases necessary to make sure that the lines between government and business don't become blurred in the process.
It will take more time and discussion to analyze the ramifications of the pending piece, but the text of the proposal can be found here, as well as comments from individuals who are weighing in with their thoughts on what they have read.
Details are, of course, still being worked out, with both sides holding their ground until a final plan can be resolved.
What are your thoughts, America?
This opinion article was written by an independent writer. The opinions and views expressed herein are those of the author and are not necessarily intended to reflect those of DigitalJournal.com
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