Who holds the reins of democracy? Fortune is calling the populist backlash against unregulated capitalism a from of "class warfare that could haunt business leaders for years to come."
But as protesters on Wall Street chanted "bailout people not banks" and deluged their representatives with calls opposing the Paulson plan, lawmakers reached a deal to move forward with the largest bailout in our nation’s history. House speaker Nancy Pelosi declared victory: "We sent a message to Wall Street," she said. "The party is over."
Pelosi also insisted: "This is not a bailout, it’s a buy in." Full congressional approval is now required. But who are the real winners in this bailout plan?
Today on GRITtv we take a look at the financial crisis, the protests, and who will benefit from the bailout. Also, what does it say about our democracy?
Then it’s Live From Main Street, Ohio. Will your vote count? We are joined by Bob Fitrakis and Donita Judge.
Post your questions and comments at GRITtv.org.