Additional Bailout for Jobs and Cars

The recently passed Bailout Bill (H.R. 1424) known as Emergency Economic Stabilization Act of 2008 was said to to save the banking industry. Now, there is an additional bailout being proposed which calls for 6 billion for unemployment benefits, and 25 billion for the auto industry.

The technology industry continues to drop jobs left and right. With Sun Microsystems dropping 15%, that is a huge number.

This will be a rough period over the next few months, and possibly years. It couldn't have come at a worse time with the holiday season approaching.

Are the Bailouts the answer?