[quote=urbanrealtor]Please don’t flame me but actually answer this question. I am asking it genuinely.

Would it be better for you as an individual to not have an economic bailout/rescue/stimulus/bucket-of-money-for-bank?

If so, why?

If not, why not?

Again, not looking to fight, I am curious what people think of this. I know everybody is pissed off but I am curious what else is in the thought process.

–Dan[/quote]

I think in the short term, it may keep things from correcting for a few more weeks. It may in fact work somewhat by allowing the banks to dump all of their toxic securities.

However, I have lost all trust in the government and the banking system to not abuse the hell out of this and just make things worse in order to pocket more money. If I am going to have to spend money (1 trillion/US population = about $3200 for every man woman and child) I would rather do it in saving the lower and middle classes after a correction has occurred. Let the scoundrels who made billions on schemes which have failed six different times in our history lose their shirts. I understand the argument over the lending freeze, but I don’t think this will help at all. Don’t banks make money by lending it? If they want to stop trying to make a profit, let them. Ultimately it is in their interest just as much as ours to continue lending. Looking at the government, the ratio of senators/reps that voted for the bill who had received significant contributions from the benefactors of the bill and those that voted against who did not receive contributions tells a pretty bleak story.