I don’t think people really do understand (if i’m right in my analysis – check back in a few years 
).
The way i see it is that while the money will bail out those on the verge of bankruptcy, the hoped for result is to keep those who hold securities of the these failing instutions from failing.
In other words we need to save the con men who did this, so that those who we’re defrauded don’t lose everything. So in effect we’re saving the victim by helping out the criminal who did the damage.:toidy:
It stinks worse than the pork barrel($18 billion a year) that McCain is so concerned about, but the private sector isn’t going to buy garbage for enough money to save the system.
I support some kind of move, even this expensive shell game, because there is really no sure fire answers to this problem. hell this hasn’t really happened before, the closest thing was the depression 75 years ago, so the “play book” is a bit old.
You’re right GamTrack, we could spend $700 and not save the system, or we could do nothing and maybe the market will repair itself. As we know, sometimes even the best firefighters sometime have to get out of the building and let it burn. But for now, i say “More Water!”