Coca-Cola said: Paulson should just give $850 billion back - don't use it. It did nothing to help the DOW. Damn Democrats, Republicans, Paulson, McCain and Obama. Remember those who voted "yes" for the bailout and vote them out this November. |
It's going to be at least 1-3 months before the first penny of that 700 billion $ bailout bill is used to buy the first asset of any bank, so bit early to blame it :P
Credit will remain rare to find for a while..( and we lost one extra week because the same people that Ok trillions of dollars of spending for Irak couldn't ok 700 billion to save the US economy...)
Issue is not saving major corp vs saving the small ones..
The small business relies on credit even more than the big corp. No credit = no business.
As long as bank don't lend things will be bad, the bailout is aimed at restoring credit...