Government to the rescue?

After reading this article from the New York Times, the current bailout plan might have a chance of survival. But if it was denied once already by the House, what will make them reconsider? David Herszenhorn and Robert Pear wrote this article to persuade and inform people about the difference the bailout plan can make in our future. The bailout plan was drafted due to the recent chaos within the economic industry; the intent is to stabilize the American economy to its original state. There were several revisions the Senate made to the proposed bill before sending it back to the House of Representatives for a further review. Some members from the House have publicly announced their decision to approve of the bill, such as, Zach Wamp, Jim Ramstad, Emmanuel Cleaver II, and John Lewis. Alterations have been made to the bill, but we still do not have an exact idea on the impact it will have upon the nation.

Herszenhorn and Pear wrote this article to everyone within the nation. I believe their intent was to gain the approval of the nation, and try to convince some politicians. They throw information on this paper, giving us details into some specifics of the bill, which sounds like it would benefit the nation. It would take some inside information to receive current and factual data from the White House, so their article is standing upon solid ground. I agree with Herszenhorn and Pear because there aren't any other solutions yet, and all we can do is hope for the best. This bill didn't beat the PATRIOT Act's approval record, but it might be one of Bush's last strikes before leaving office.