Clock Ticks Down On Bank Bailout
 Friday, September 26th, 2008  by Connie T.

Perhaps in confidence that the financial bailout will proceed, Senator John McCain has revoked his "suspension" of his campaign and is back on schedule for tonight's debate with Senator Barack Obama at the University of Mississippi. (Or it could be because Sen. Obama's campaign made it crystal-clear that the debate was on whether McCain showed up or not.) But despite some reports to the contrary - mostly via investors with their fingers crossed - the $700 billion bank bailout plan has not yet been approved.

You may notice that we have made this our top headline for the past 4 consecutive days, and it's because this affects all of us far more than some may realize.

Last night Treasury Secretary Henry Paulson had a late-night meeting with members of Congress, even getting down on one knee to further dramatize his position.

But no deal has been reached. President George W. Bush continues to advise the nation that a bipartisan agreement to bail out the banks will proceed quickly. But with Congress gridlocked despite Federal Reserve Chairman Ben Bernanke's pleas, no green light has yet been seen on the bank rescue plan that would be the biggest government intervention since the Great Depression.

Congressman Ron Paul remarked in an appearance on FOX News this week that thousands upon thousands of calls have been made by Americans to Congress, warning them not to vote to pass this measure.

And we've made our own call. Before it's too late...will you make yours?

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