Q. What do you think about the plans for the U.S. government to bailout banks, financial institutions and other companies that are in financial trouble?
Jacob Comer, 14, North Stanly High School, New London: I would vote for the plan because if we don't get out from between this “rock and the hard spot,” then the U.S. will crash like it did before. Nobody wants that to happen, so this would be better than nothing. Being out of this now while we are at war is better, because we wouldn't have to concentrate on this and could put more effort on ending the war.
D'Asia Bennett, 18, Central Piedmont Community College, Charlotte: The U.S. government is in a financial crisis and a substantial amount of debt. A bailout plan for businesses is not the answer. There needs to be a makover plan but $700 billion will not cut it. If a small business has to suffer the downfalls, then why should a large corporation get so much assistance? Fair is fair. I vote No!
Matt Kon, 17, Providence High, Charlotte: The bailout plan, like most of the other ill-thought-out plans of this Congress and administration, is an excuse for their irresponsibility with no guarantee of working. Self-respecting Americans should not support one bit of it. The current U.S. government has proved, once again, how unable it is to do anything right – 9-11, the mortgage crisis, Hurricane Katrina, and now this economic black hole, were all preventable crises. We can only hope the new president has the right intentions for America in mind.
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Jacob Keady, 14, Marvin Ridge Middle School, Waxhaw: The bailout plan is a plan that could save the country. Unfortunately, that probably wouldn't be the result. The only problem I have with the plan is that we are giving $700 billion to Henry Paulson and we aren't going to arrest him if he does something wrong! Bush's heart is in the right place but his brain needs to come back from its 8-year vacation.