Can someone please explain the bailout to me?

Factual Questions
1

I don’t watch the news. I only read it online. When I first saw articles about it i thought it was no big deal just the media trying to scare us. By the time I saw more and more about it i didnt have time to read them all. SO whats the deal whats going on

2

Recent GQ threads:

What is going on with the economy?

Explain the current economic crisis in layman’s terms?

Mechanism of credit crunch after financial crisis

Yet another Credit crisis question

3

I believe you will need to be patient. The bailout hasn’t been written yet, nor passed. There is nothing to explain. But it might be ready in a few hours. As soon as people get a chance to read 150 pages of law there will be some analyses posted.