October 9, 2008

StreetTalk

by Carol Rosen

Do you think the $700 billion bailout bill passed last week by Congress will help the current economic crisis?
(Asked at Almaden Center)


“No, it’s not working now. We’re in a catch 22, with or without it our economy is in trouble. Why are we bailing out these CEOs? It’s not going to help the middle class its just going to help the CEOs.”

Patti Donovan
Almaden
Tennis player


“I have my doubts because of the president that’s in office right now.”

Sue Lewis, 61
Almaden
Auditor


“I don’t think so. If it does, it won’t to the degree that they are hoping. People are too nervous. The bill passed too late. It will take something really big to make people less nervous. We are trying to sell our house and we’ve had no offers. We’re trying to move up, people are too nervous.”

Cynthia Porter, 48
Almaden
Substitute preschool teacher


“No, the government is going to make money and that will push us into inflation.”

Allie Zipp, 17
Almaden
Leland High senior


“I don’t think it will work at all. Too little, too late.”

Mariam, 39
Almaden
Doctor’s assistant


“I hope it will work.”

Travis Murdock, 26
Boulder Creek
Carpenter


“I don’t think it’s the answer, but hopefully it will stimulate credit enough so that consumers can begin buying things again. I hope it stimulates the economy.”

Melanie Murdock, 29
Boulder Creek
Sales manager


“I think maybe it will work because there’s so much public interest in it, that maybe there will be more accountability and pressure to turn things around.”

Carol Zafiropoulos, 47
Almaden
Teacher at Bret Harte