Wall Street Blues

The crisis is in the United States because the money is going away. The Government has finally discovered that the market stocks dropped 504 points because the investors are pulling out money. Now the Treasury Secretary had to propose $700 billion bailouts out of the U.S bank. Now the president George W. Bush told his citizens that “OUR ENTIRE ECONOMY IS IN DANGER” The reason why the U.S is losing so much money is because of the money loans that people get and they don't even pay back the cash. They don’t pay the loan on time so that how the United States lost some of there money. Some think that the people are going out of hands because they don’t want to pay back the money they borrowed. Like the bank they lose money because they were trying to be helpful to some people so they could have a home. But the person don’t have the money to pay make the bank. So now the bank is losing its money and its going out for business.