Wondering what is wrong with my washing machine. It fills with water then when it enters the cool down and rinse cycle it is pouring out from the bottom. It is spinning but there is water really coming out right under the tub of it inside.

You have a hose that has come loose. Take the top and back off, or just the back and lay it down on its side and you can see where its leaking. Look in these manuals for a similar model: http://dl.dropbox.com/u/8010163/Whirlpool%20Washers.zip
This should help you fix it.