1. Can people really support a system that privatizes profit, but socializes risk?
2. Aren't the people (like Enron's "smartest guys in the room") at fault here going to be the people allocating the bailout? And probably reaping the benefits?
3. This is a crisis of confidence. Is giving a blank check to the Sec.Treas. without strings, regulations, oversight going to do anything but further seed mistrust in government once news gets out that we're funding CEO golden parachutes, etc?
I think this is endemic of the Republican leadership: wreck havoc then claim we're too busted to do anything about medicare, social security, the debt, anything.
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