Inside PBS Blog
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Roundup: Politics, the Economy Dominate Online Discussion
The economy dominated the news this week; it's no surprise, then, that it also dominated online discussion, including discussions happening on PBS.org.
Last week's NOW episode examined the Federal Government's bailout plan. On NOW's "Feedback Forum" over 40 different people chimed in and offered their opinions about the state of the economy and how the government should address current financial problems.
Donna Prijatelj said, "Hasn't anyone in Washington got the news that the U.S. Government is broke? U.S. taxpayers should not be made to pick up the bill. We taxpayers are being penalized three ways: we were poorly represented in the halls of government, we are not the perpetrators of this criminal mismanagement, we taxpayers are the innocents. "
Gwen Ifill may have moderated the vice-presidential debate last night, but tonight she returns to host Washington Week which will focus on analysis of the debate, as well as Congress' economic recovery plans.
There are several different threads on the Washington Week discussion board this week about the economy, bailout and the politics surrounding these issues.
One user posted an article from the New York Times that is nearly a year old and speaks to aspects of the economy that were doing well at the time; many thoughtful and well- researched posts follow that show the multiple sides of what has happened since the original publication.
Are you worried about the economy and the ability of Congress to act responsibly right before an election? Share your thoughts in the comments section below.
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Bailout
A challenge to Obama: McCAIN SAID HE'D NAME NAMES. HE HASN'T. WILL YOU??? I feel like much of the public. We've been brutally ravaged by this, "Bailout" Bill. We were stupid to believe that politicians would put country before special interests. I supported the Bailout until I heard what was added to the bill. Congress did what it always does: take a bill that contains legitimate, vital provisions and that they know would be strongly supported, add pork and corruption to the bill, and then force others to accept the bill because it contains the original legitimate provisions. NAME NAMES. LET US KNOW WHO CORRUPTED THIS BILL!!! YOU do what HE promised. Expose those who raped this bill to serve the special interests. Interests that have nothing to do with strengthening and preserving our country. Have you no idea how disgusted we are with the adding of pork to a good bill to force the pork through. OF COURSE, CONGRESS IS AGAINST LINE ITEM VETOES! ALL THAT PORK GONE!!! You would be oh so well served to actually do what McCain promised: NAME NAMES!!!!
easier access
We are aware of the US financial crisis. It even affected international foreign business transactions. Let us think again, U.S. Secretary Henry Paulson has planned to use the second half of the recent $700 billion financial rescue program to buy up all of those devalued mortgages that flutter in the wind like so much confetti. Instead, that mortgage juice is going to be spent on consumer credit. Payday cash loan is a form of consumer credit, that industry should receive aid as well. Paulson says he wants Americans to have easier access to such traditional forms of consumer credit as car loans, student loans and credit cards, and that these forms of consumer credit have become more costly because of "illiquidity". "It is creating burden on the Americans and is reducing the number of jobs in our economy," he says. Indeed it is, but do you see what Paulson is doing here? He's admitting that he made a mistake with his previous version of the rescue plan! Imagine if America had had a President who was willing to do the same. Perhaps America could pick up the pieces and move forward - or maybe certain problems could have been avoided. Government officials may just have the right idea: they're planning to use some of the bailout money to encourage private investors to come back to the market. With a strengthened economy backed by investors in the world market, a more stable job market will result, and with a more stable job market, fewer people will have to depend upon payday cash when the chips are down.