It's All In The Name

Clearly the numerous protests to the $700 billion governmental "bailout" have had an effect on those presenting the proposal, for the Bush administration and other supporters of the plan are now looking for new ways to persuade Americans that financial aid is the proper course of action to take. While the plan remains the same, those in favor of the proposal are trying to sugar coat its name to avoid frustration among those who feel the plan is simply money out of the working man's pocket to save big business. Along with President Bush, Senator John McCain has also stated that it should be thought of as a "rescue" rather than a "bailout," but support of the plan is not only limited to the Republican party. Democrat and Presidential hopeful Barack Obama has stated that "This is no longer just a Wall Street crisis - it's an American crisis," in hopes of convincing his supporters that this investment would benefit all. By ending referral to the plan as a "bailout," those in favor aim to gain the trust of the masses and garner their support by instead convincing them to think of it as "a buy in, so that we can turn our economy around," as House Speaker Nancy Pelosi tried to do. While public opinion seems to be set at this point, the powers that be still feel like it can be altered enough to pass the proposal which they hope would save the United States economy from collapse.