And the bail out goes right in to the toilet

[Edwina's Secretary]

"700 Billion Bailout" is a misnomer, and it just reinforces my hatred for the crap that passes for reporting in the mass media.

Cop out -- blaming it on the media. The media gives the people what they want. Simple pithy reporting. Quick snapshot. Most people aren't looking for indepth analysis and wouldn't read it anyway. Did the media coin the phrase or just report it?

So what would you call it? That fits in a headline.

[Lady's Human]

It's not a bailout, it's more of a loan guarantee package, but bailout is a nice, juicy headline.

Heck, it's not even a $700 Billion package, that's the possible maximum amount under the package that might be put into play.

I know the media gives the people what they want, but the press needs to bear a little responsibility to go with the obvious power they have.

[Lady's Human]

BTW, Sara, it's not a cop out.

The headline CNN, Fox, and others have been reporting bears no resemblance to the actual meat of the story. At least TRY to make it accurate, guys.

[ramanth]

Thank you Sara for explaining it in terms I understand. My knowledge of stocks and such is so poor.

All I know is that my employer uses AIG for our 403b's. I'm not sure if I should just ride this out (since I'm young) or take all my money out and reinvest later.