The republicans have spent 20 years explaining to us how the private sector does everything better.

They've also told us we couldn't possibly pay for health care for every American.

Today they're asking for almost a trillion dollars of DIRECT WEALTH TRANSFER TO PRIVATE INDUSTRY because they will fall apart if the free market isn't subject to MASSIVE GOVERNMENT INTERVENTION RIGHT THIS FUCKING SECOND.

So one guy, an appointed Treasury Secretary under a lame duck president, should be given more money than THE ENTIRE ANNUAL DEFENSE BUDGET OR ANNUAL SOCIAL SECURITY PAYMENTS with absolutely no accountability whatsoever.

If you can't see what's wrong with this you are fucking INSANE. The amount of money here is so astronomical, and they're just going to airlift it into financial services firms. The idea that we've come so far in this country where people don't literally laugh this off in seconds is terrifying.

I'm all for doing something about this. It's not that hard. Let the institutions fail, take their assets into receivership, kill the bonuses and compensation for the decision makers who destroyed the company, and then try to do an orderly unwinding of the assets to keep things liquid and stable.

Like what they did with AIG, but with a little more aggressive regulation. It's not all that hard. It's what we did in the S&L crisis. But in that crisis we let the banks fail first, then the government got everything, and THEN they sold off the assets and reorganized.

The idea that a company would be totally insolvent, and taxpayers would then just give them more money and they'd go on their merry way? That's INSANE. Literally fucking insane, and it's hard to believe people aren't storming the capitol with pitchforks to be honest. If they had a clue what they were doing here they probably would.

They've asked for a trillion dollars, with the rules to govern it being a couple sheets of paper, and the express purpose is to just give your money to whoever the fuck they want, with no review or ability to revisit and judge what has been done.

In-fucking-sane. Seriously... this is way beyond right or left. If you are a republlican type who believes in smaller government and the free market you should be ripshit mad too. Unreal.

$700B bailout plan is the stupidest idea yet...

We're entering a recession. These things happen. It's called a market correction. The bubble expands, exceeding credible limits, then bursts, and the market corrects itself. It filters out all the banks and businesses that engaged in questionable behavior and ends the careers of a few villains.

The $700 billion bailout will do nothing but slow down the inevitable. We should just let the market drop. It's going to happen regardless of the bailout. The sooner we let it drop, the sooner we can begin the recovery, and the sooner we can plug the hole that caused this: the complex derivatives legislation that dumbass Phil Graham pushed through, allowing banks to gamble with our money. It's the biggest, unregulated hole in the market and every bank took advantage of it, to their own destruction.

The only thing the $700 billion bailout will do is put the nation deeper in debt. We'll get the bill, and when it comes, we'll have to raise taxes and cut spending somewhere. It's stupid. We're already $10 trillion in the hole and we've got idiots at the helm.

We should just accept the inevitable, let it happen, and begin the recovery.