September 2008 plan to try and rescue the US markets from crisis with 700 billion dollars. Eventually passed in October with attachments by congressment for another $150 billion, totaling $850B. A giant fiasco opposed by most economists, see also "we're fucked."
A sarcastic word meaning you are broke and in need of money; Referring to the government bailouts, in which large amounts of money were given/loaned to the Banks and Auto Industry. Neither endorsing or opposing the government bailout.
-Dude, I'm so broke, I really need a bailout!
-That company just went under! They really need a bailout!
The schecklemensch told Algelides that they just missed the basic concept that the housing market would not continue to rise so they needed a bailout to keep their bonuses in tact.
By Vanni
Bailout
Money for people that had too much and lost it on foolish investments. Typically screws everyone else in at least three ways.
1) They waste our money
2) They ruin the economy 3) You have to pay more taxes to make up for it
GWB: People say bailout, but I don't think it's a bailout.
Everyone else: It's a bailout.
By Leisha
Bailout
A process by which a gigantic turd is pulled out of the toilet, stinking up the room and getting shit everywhere instead of simply being flushed.