Bailout? An idea full of idiocy.

Of course, that's my opinion. But I don't think we should be authorizing one person to have so much power over the financial markets. That would be Henry Paulson under the guidance of Bush.

And middle class America shouldn't pay for it...

Don't bail out bad CEOs and poor business models. They took on the risk, so make them suffer the consequences. Banking is like haircuts, or doctors. We always will need it. The banking institutions may fail, but the service can't go away. There will be some other healthier bank that will take over if one cannot operate.

The amount we're talking about putting towards this bailout ($700M) is MORE than what we've spent in the Iraq so far, minus the lives...

If the mortgages the government buys from these banks go bad, then the middle class will pay in the future in the form of higher taxes, lower social programs, etc...

Do we really think this is fair that the President etc are telling the Senate and House to sign a bill or ELSE financial armageddon will occur? How much sound judgement is happening with that? And this is coming from the same guy (Bush) who said we needed to invade Iraq.