World News (ABC) - 2008-09-23
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Read a transcript preview of “World News (ABC) - 2008-09-23” from malgent, uploaded on 2026-02-25.
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Language: English (original, YouTube automatic captions)
[0:00] line tollfree at 87777
[0:03] news.
[0:06] Welcome to World News. Tonight, the
[0:09] administration urges Congress to act
[0:11] quickly on the economic bailout, but
[0:14] angry critics say not so fast.
[0:16] >> This massive bailout is not a solution.
[0:20] It is a financial socialism and it's
[0:23] unamerican. What if? Many senators and
[0:27] congressmen express skepticism about the
[0:29] plan. What happens if Congress doesn't
[0:31] do anything? Full House. The Census
[0:34] Bureau reports a dramatic increase in
[0:36] the number of parents moving back in
[0:39] with their adult children.
[0:42] And the birds feathers are flying over
[0:44] the peacocks on Mkenopi Street. They
[0:47] have worn out their welcome.
[0:55] From ABC News headquarters, this is
[0:58] World News with Charles Gibson.
[1:01] >> Good evening. Ever since the White House
[1:02] first proposed the massive $700 billion
[1:06] bailout plan for the economy, Treasury
[1:08] Secretary Henry Pollson has urged
[1:10] Congress to pass it quickly. But in
[1:12] recent days, members of Congress have
[1:14] been hearing from voters back home. Many
[1:16] of those folks angry, confused, even
[1:19] frightened. So when Pollson appeared
[1:21] before the Senate Banking Committee
[1:23] today, senators were asking, "Why should
[1:25] we commit that much money that fast
[1:28] without any conditions?" Betsy Stark is
[1:31] with us again tonight. Betsy,
[1:32] >> Charlie, several senators said today
[1:34] their phones were ringing off the hooks
[1:36] with calls from angry constituents. So
[1:38] today, on behalf of Main Street,
[1:41] Congress had a chance to ask some hard
[1:43] questions about the $700 billion bailout
[1:46] of Wall Street.
[1:48] Today's bailout hearing on Capitol Hill
[1:51] was