Economy.........Everyones Favorite

So we all know that McCain has suspended his campaign for the problems going on in the economy. But what we did not talk about was how Obama is dealing with the situation. Both candidates have agreed to put aside the partisan politics (the nonsense we have all been talking about and watching through the commercials) where one only supports their party, and everyone is trying to work together. The two candidates are set to meet with the president to talk about the crisis either Friday or sometime over the weekend (pending if the debate happens, and what Mccain decides to do).

However........ Christopher Dodd has announced to the congress that both parties have agreed on the outline of a $700 billion bail out plan to releive the markets. It's just a "fundamental agreemnt" though, and it hasn't seemed to hit the stock brokers and wallstreet brains yet because the S & P Futures are still down 130 points for the Dow, and down 14 in the S & P. That's probably nonsense to most of you, but it means the stock market is still going down, quickly and steadily.
Some say if they had bought mortgage securities a year ago the country would have paid less than HALF of what they are forced to pay now, and the mortgage rate would have lowered quicker and cheaper. The CDS (credit default swaps) are also an important aspect of the economy that now needs to be dealt with before the market can regain its stronghold on top.

Both candidates are trying to figure out ways to help the economy, as well as working with president Bush to try and figure out the best way to help the economy. I'm interested to see what everyone else thinks we should do. Do you think $700 billion sounds like a very large sum of money? Do you think the plan should continue even though the markets going down?