I will be happy if govt spends my money on something useful like employment growth, development, etc. But I don’t like the idea of giving my money to pay for some moron’s mistake. The bailout should be fair and genuine. The fact that this RE boom was driven by greed makes me sick. And the thing is the bailout may make these morons make the same mistakes again.
I need my car loan to be paid off. My investments suffered losses in 2007. The dollar value has tanked and I need to pay more $$$ to my foreign mortgage. I need a bailout too because my savings are getting depleted ( thanks to Bernanke on this one ).