This clip from Youtube is about the most clear, direct, and concise explanation I've seen to date that details exactly what has led to the financial meltdown we've been witnessing over the past several years, leading up to the point we find ourselves in right now, requiring the federal government to step in and infuse $700 Billion of our money into the system to salvage our economy.

What has led to this huge crisis has been the continued going-along that has been done in Congress, incrementally getting away from conservative principals of free-market capitalism.  

Until Congress creates a package that addresses the underlying problems and causes that have actually led to this mess we're in and gets our nation back to those pure, conservative ideals of free-market capitalism and lessened government involvment and experimentation within the process that we had in place before we witnessed this avalanche, we need to continue to be in opposition to any further attempts by the federal government to taking over such vast control of our financial sector!

Until Congress decides to show us that they are serious about getting back to our conservative roots financially with any futher package they may propose to us, please go to our 'Demand REAL Solutions!' campaign page and send a fax to Congress telling them to demand accountability, to immediately cease from using our financial sector as a vast liberal social experiment, and to strongly oppose giving away billions of our tax dollars to bailout Wall Street.

The McCain campaign has released the following statements regarding the work that's been done in Washington to help try to get the financial crisis resolved and his plans for the debate in Oxford, Mississippi.

Statement By McCain Campaign On Negotiations

John McCain’s decision to suspend his campaign was made in the hopes that politics could be set aside to address our economic crisis.

In response, Americans saw a familiar spectacle in Washington. At a moment of crisis that threatened the economic security of American families, Washington played the blame game rather than work together to find a solution that would avert a collapse of financial markets without squandering hundreds of billions of taxpayers’ money to bailout bankers and brokers who bet their fortunes on unsafe lending practices.

Both parties in both houses of Congress and the administration needed to come together to find a solution that would deserve the trust of the American people. And while there were attempts to do that, much of yesterday was spent fighting over who would get the credit for a deal and who would get the blame for failure. There was no deal or offer yesterday that had a majority of support in Congress. There was no deal yesterday that included adequate protections for the taxpayers. It is not enough to cut deals behind closed doors and then try to force it on the rest of Congress ? especially when it amounts to thousands of dollars for every American family.

The difference between Barack Obama and John McCain was apparent during the White House meeting yesterday where Barack Obama’s priority was political posturing in his opening monologue defending the package as it stands. John McCain listened to all sides so he could help focus the debate on finding a bipartisan resolution that is in the interest of taxpayers and homeowners. The Democratic interests stood together in opposition to an agreement that would accommodate additional taxpayer protections.

Senator McCain has spent the morning talking to members of the Administration, members of the Senate, and members of the House. He is optimistic that there has been significant progress toward a bipartisan agreement now that there is a framework for all parties to be represented in negotiations, including Representative Blunt as a designated negotiator for House Republicans. The McCain campaign is resuming all activities and the Senator will travel to the debate this afternoon. Following the debate, he will return to Washington to ensure that all voices and interests are represented in the final agreement, especially those of taxpayers and homeowners.

More: Politico - CNN