I did not believe in the bailout to begin with and now even more so. In my personal opinion it is just a way for the politicians to put more money into their own pockets. Let companies fail and pull themselves up again if they choose to, or shut their doors. Where was the government during the Clinton years when housing prices bottomed out and the ARM went ridiculously high and we struggled to pay our mortgage and sell out home?
Bailout has become the word of the day and IF we have to bailout let us make conditions that no bonuses, no junkets, and restrict pays of CEOs. That should make everyone toe the line.
I am also deeply offended and opposed to Geithner becoming our Treasury Secretary – as a small business owner would I be forgiven my penalities and fines IF I FORGOT to pay the IRS? A small hipcup?? NO A BIG BIPCUP. And I am not an MBA, but my common sense tells me that this man has no business in government or as our Treasury Secretary, and NO BAILOUTS TO ANY COMPANIES OR INDIVIDUALS. If people were stupid to buy houses without on NINJA loans, or because they wanted to upgrade/investment, etc., let them bear their own burdens like people have before them through centuries. TAKE ACCOUNTABILITY FOR YOUR ACTIONS.