I think that money being poured into the banks is important, however there are still many people who can't pay their mortgages. It is ridiculous that these are the minds trying to regulate the economy. How could they ignore the fact that banks are suffering because consumers can't pay? Banks will continue to do bad as long as unemplyment rises and consumers are incapable of paying.

Ditto. To a certain extent, they are dealing with the symptom and not the cause of the problem (or at least one of the causes).

If the powers to be in DC want to get things rolling then no capital gains tax for 08/09. Everyone would buy/ sell houses and other things. People would go back to work, plumbers, electricians, etc. - not hard to understand. To make up for the capital gains tax, tax imported products. If your phone costs 20.00 to make in the USA and 10.00 in another country tax the difference. That's better then the wall street deal, you really help the economy.

America First
An American citizen,
George Turak

I cannot find and/or keep a job long enough to sustain life. I have lost my car, many jobs over the past 4 years, had to cash out and sell off stock, etc., am about to become homeless when they take my home. Fifth Third Bank has taken thousands of dollars of my money (Fees) right out of my account. I am today over $1000.00 overdrawn on my account due to these fees. All because of my debit card on this account. I won't be able to eat or pay bills for at least three weeks due to theses fees. They say that the payday lenders are theives? The banks and others who have been financially irresponsible are getting bailed out. I'm getting offered up to the wolves and don't know who can help me.

To sta with the blog -nice piece of sarcasm as you know full well that the only piece John Q. is going to get is a POS.

Little doubt that the financial system required government intervention, too bad our leadership was too engrossed in other matters to see this coming. As such, they had little time to think, but plenty to react. Result is the ill-planed bail out that does not control the money AFTER it reaches the bank. Most of it will probably wind up in the pockets of those that brought this calamity about. I think we should be taking a page from Hugo and his Madame Lafarge and roll some heads, but it seems that Paulson & co. would rather pat them on the head as say "good old boy". As the sign on many a mens room stall says - "you can't go here as you sent your a--h--- to Washington".
Oh well, one can invest in corn cob futures.

...Governments are intituted among Men, deriving just Powers from the consent of the Governed, that whenever any Form of Government becomes destructive of these Ends, it is the Right of the People to alter or to abolish it, and to institute new Government...it is their Right, it is their Duty, to throw off such Government, and provid new Guards for their Security
-Thomas Jefferson
The Declaration of Independence

Ole Thomas has it right, short of resorting to throwing out the Greedy Pols with some violence, much deserved.
We went and elected an Chicago Pol who is going to take us down even further, if we don't stand up and fight. But, I am surrounded by silence, and an occasional wimper. Were is the discontent.........