Congress lived up to its 18 percent approval rating Monday when the House failed to pass the $700 billion financial rescue package, or bailout. The stock market responded in kind, dropping some 770 points in the biggest one-day point fall in history.
Naperville's local representative, Judy Biggert, voted against the bailout. Do you agree with her vote? Do you agree that the U.S. government should rescue the financial sector, and the alternative could be worse? Hmmmm....higher taxes, or another Great Depression...which do you prefer?
There is so much to the mess, and no easy way out of it. Are you concerned about your personal savings -- your 401(k), pensions or other retirement investments? What about the value of your home? How much equity is in your home? Have you borrowed on the equity in your home? Did you think home values would always increase? Do you now owe more than your home is worth?
In what ways is the financial crisis affecting you?