Shift in Bailout Discussion

Last week, the media was talking about how this bailout plan was saving wall street- with the cost going to taxpayers. All the discussion centered around how unfair this “corporate socialism” was to the everyday person. No support and lots of criticism for the Bush Bailout Plan.

Now, this monday after the stock market crashed, and the bailout failed to pass the house – the media is reporting about how the failing of wall street will affect the common person on main street – affecting their access to loans, their jobs, etc.

It is interesting to see the corresponding influence from the media, to the citizen who expresses it to the political representative. Last week, people called their rep. telling them to not vote for the plan because it was not fair to the common person. Now, with the media reporting how this will affect “Main street”, I predict people will call their congressman demanding to know why he voted no.

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About Jonathan

I am a licensed attorney in California. I enjoy social media, marketing, technology, and intellectual property.

Posted on September 29, 2008, in Business, Careers, Law, Media, Money and the Economy, News, Politics and Government, Society, Trends. Bookmark the permalink. Comments Off.

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