Synth, I'm with you on a lot of it but brutal reality is that if nothing is done we're looking at something that might over shadow the Great Depression. Your analogy of the gov't bailing you out doesn't take into account that these corporations are key pieces to our national economy.
It is my understanding that CEOs are to be disciplined or fired in the bill. Also, the gov't is simply buying up tons of loans and this would then make people start paying the gov't back instead of banks. So, the money would in time be returned.
It is a hard pill to swallow. I hate the idea of it, but on the other hand I don't have a better idea. It doesn't affect me too much personally because I have 100% job security, can't take a pay cut, and am in no need of loans anytime soon. Yet I still want to see things taken care of because enough people I care about are struggling because of the downward spiral.
