Finance, Forex and Investments

Will McCain Refuse Bailout from the World?

The world just bailed the US out. Central Banks across the world have intervened with over $180 billion in cash to stem the failing US economy. Banks in the EU, Russia, China, Japan, South Korea, Australia, Dubai, Canada and India came together in an unprecedented united front to aid the US as it spiraled downward towards economic collapse. Offering the Federal Reserve a debt plan, to buy US debt for 60 days, in an effort to infuse cash into the US economy. http://www.bloomberg.com/apps/news?pid=2... http://www.ottawabusinessjournal.com/292... http://www.bloomberg.com/apps/news?pid=2... Will McCain, who says bailouts are wrong, reject the worlds efforts to save the US economy? What alternative does the US have at this point? Take the money? Or fall? More links, the other ones were breaking news and are outdated. http://economictimes.indiatimes.com/Global_Markets/Central_banks_pump_in_247_billion_Morgan_seeks_buyers/articleshow/3500796.cms http://ap.google.com/article/ALeqM5ioHc80xKMiATnqCpK0cDKJzk_nPQD9399KT83 http://www.cnn.com/2008/WORLD/europe/09/18/world.markets/?iref=mpstoryview

Public Comments

1. Those countries are buying bonds in a safe country and getting plenty in return - they aren't doing because they "care" about America. edit: do any of your links work?
2. Do you know what the I in the name AIG means? International. Other countries have more to lose in AIG's failure than US does. It' not just an american company you know. We are bailing out the rest of the world. AIG has operations in 130 countries. It's a global economy.