How the Wall Street Mess Will Affect Main Street USA
Episode Segments:
The State the Bailout Proposal Last week, Vernon said we should proceed carefully with the bailout plan, and it looks like Congress was listening. Vernon talks about where this plan is headed, why we should remain cautious, and where the number of 700-billion for the bailout came from.
The After Effects of the Bailout Vernon takes at whats going to happen on Wall Street, and to the average citizen once the bailout happens. He also discusses why the mortgage market collapsed, causing this whole mess.
The Benefits of the Crisis Although this financial crisis is stressful for both lawmakers and the average citizen, Vernon believes that we will come out better on the other side. He shares some of the reasons why. Plus why we are a selfish society.
Riding Out the Storm Vernon looks at the factors that brought on this financial crisis, what we can do to fix it, and what you need to do to protect yourself.
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