Many use the terms tax payer bailout. This term is what keeping the vote from passing. The reality is no better though.
THe real vote is whether or not to devalue the dollar. One TRILLION on top of the TRILLION already spent is being created by the TReasury printing money in exchange for loans they will never collect on. And if they do it will be decades from now. So what is really going is the the Treasury printing press is running over time.
The impact?
The The dollar lost half it's value against the Euro. You may say so what. But if the dollar were still trading at $120 instead of $60 gasoline would be at $1.80 a gallon. This is the simple man's real tax on the bailout. And for the investor is the obvious - stocks are down over 20% for the year.
The devaluation of the dollar is killing the working professional that is stock with the stock market as his retirement plan and the gas prices needed to pay to get to work.
Today he got some relief - Fear that the dollar wont' get devalue crushed gasoline futures by TEN percent.
But the releif is only temporary.
Invest in business that have the means to adapt to inflationary pressures.
Apartment REITs are looking BETTER.