[Sgt_Schultze]

Larry, I can’t see this bailout being a good thing. If banks get the insulation from their bad debt, they will be very quick to pull the trigger on foreclosures so the taxpayer will take over the “asset.” Then we have the scenario of having bailed out the fat cats while regular folks are thrown out of their homes coming into elections. And later, when the government fire-sales the repos, how does that help sagging housing prices?

[LS]

Look, I completely agree about the FINANCIAL and economic issues here. My concern is that we are going to pay a huge price politically, and there may not be a free market to 'save' if Obama has four years at this.

That said, I'm not sure McCain is the right captain of the U.S.S. Economy, either.

Just remember people, the last time a Republican was saddled with a depression, we didn't get rid of the Democrats for 20 years and untold damage to the economy.