As much as Congress and the Bush Administration want Americans to believe that Washington's passage of a $700 billion bad asset buy-up plan will help, Asian and European stock markets aren't buying it -- they plunged Monday fearing a global crash. And Wall Street followed.
What have we learned in recent weeks about our economy and the power of the voter? Denis Kucinich, who steadfastly opposed the bail out said of the second vote, “This is an outrage. This was democracy’s Black Friday.” The bill included more than $100 billion in corporate and personal tax breaks. But Nancy Pelosi called it critical for average Americans. Both Obama and McCain voted for it. So, what happened?
On GRITtv we look at the financial crisis and presidential politics--why this time the voters didn’t win--with Arun Gupta, an editor and writer for the Indypendent, Kai Wright, a columnist for TheRoot.com, Robert Johnson, former managing director of Soros Funds Management and former chief economist of the Senate Banking Committee, and Mark Winston Griffith a fellow at the Drum Major Institute.
And an interview with political humorist Kate Clinton who says that the Sarah Palin wink may be a sign. Of what? Well, it's hard to say. Clinton is the author of What the L and her latest CD is Climate Change.
Finally, Michael Connery, the author of Youth to Power, talks about emerging new voters and his interest in building a new progressive majority. We also have a video from the American News Project on all that pork in the bailout and All Americana, the story of one immigrant's struggle to attend university in the United States. All that and more on GRITtv.






