Sure prosecution should happen, but it won’t.
This isn’t 1915, if our economy fails so will we. China, Russia, and the Muslims will all step into the power vacuum. We will truly become a 3rd world country.
If you believe that an asteroid is going to hit the earth within the next three years and destroy humanity, then the bailout might make sense (though even then I'd be skeptical). If not, then it doesn't. What the bailout will do is ensure that within three years' time we're in an even even worse situation than we are today.
Do you dispute my statement that the cost of postponing the CDS crash will increase exponentially? If the market is going to come down, what exactly is gained by delaying it?