The bailout might suck but the alternative is going to suck a lot worse. Do not expect Wall Street to accept all the pain of a frozen credit market on their own. The big banks will make sure it is felt throughout the economy. Actually I think taxpayers should pay the price. They chose to put in power an administration hell bent on transforming the country from a production to financial system. This is the result. If the voters do not pay a price for their own ignorance they'll continue to do exactly what they have done to put the nation into it current situation.

Quite frankly, the Republican party got the nation into this mess. They encouraged and thrived on easy credit and wild spending. I said back in 2006 that the economy was poised for a fall because there is no such thing as a bottomless credit market. On September 29, 2008, the rank and file Republicans in the House essentially admitted they were wrong. Unfortunately, they already started the bus heading over a cliff and now they are cutting the brake lines.

I admire those who are willing to accept whatever happens in order to make Wall Street suffer. I'll admire them even more if they feel the same way when their house value drops by an additional 30 percent; they cannot get a car loan; and their job disappears because their employers, which depend on credit to pay salaries, can't get it. We have seen over the past 30 years that the trickle down theory of wealth is simply a myth. Those who make the wealth are not willing to share. However; you can bet they'll trickle down the pain. Wall Street and the Republicans in both Congress and the Executive branch certainly created this problem but don't expect them to take all the hurt themselves.