World News (ABC) - 2008-09-21
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Read a transcript preview of “World News (ABC) - 2008-09-21” from malgent, uploaded on 2025-09-13.
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Language: English (YouTube automatic captions)
[0:00] Number one in Southern California.
[0:06] >> Tonight on World News, the mother of all
[0:08] bailouts. That's what one senator called
[0:10] it today as Washington works through
[0:12] this weekend to rescue the American
[0:14] financial system. Will it work? Is it
[0:17] fair? And how did we get into this mess?
[0:20] We're going to give you a quick, clear
[0:22] explanation of that. Terror attack, new
[0:24] surveillance video tonight of the
[0:26] largest bombing in Pakistan's history at
[0:28] a luxury hotel. Americans are among the
[0:31] dead. What does this attack say about
[0:33] how the US is doing in the war on
[0:35] terror?
[0:36] And standing tall, the one house that
[0:39] survived Hurricane Ike when everything
[0:42] else was swept away.
[0:47] >> From ABC News headquarters in New York,
[0:50] this is World News.
[0:52] >> Good evening. I'm Dan Harris. It is
[0:54] Sunday night and at the White House and
[0:56] on Capitol Hill right now, they are at
[0:58] work hashing out the details of the
[0:59] biggest bailout in American history,
[1:02] $700 billion
[1:04] to rescue Wall Street from bad mortgage
[1:06] debts. The Treasury Secretary was very
[1:08] blunt today calling this a humbling,
[1:10] humbling time for the United States. The
[1:13] goal is to get a deal done by Friday and
[1:15] tonight it's starting to look like the
[1:16] two parties are coming together. But
[1:18] there are some serious questions. Is
[1:20] this bailout fair to taxpayers and will
[1:22] it work? We start here tonight with
[1:24] ABC's Bianna Golodryga.
[1:26] >> We're
[1:27] >> Today Treasury Secretary Henry Paulson
[1:29] went on national television to sell the
[1:31] administration's plan. A plan with a
[1:34] staggering cost, $700 billion. It will
[1:37] be a
[1:38] >> It