The $700 billion bailout plan is already working. - Inspired by Treasury Secretary Henry Paulson

Yesterday, Henry Paulson stated that the bailout plan, passed in early October, has already "clearly helped stabilize" the US economy.

Despite Paulson's optimistic words however, the Dow Jones index ended Wednesday trading in New York down 4.7%, according to the BBC.

Paulson stated that the bailout will not be used to buy up bank's toxic debts, and instead will continue to be used to buy shares to help boost lenders' balance sheets. He appears to have no plans to aid Detroit's struggling car makers.