I think this guy misses the point of the bailouts. He seems to think that the government is using tax dollars to help the economy recover. I dont know where he gets such an idea. The point of the bailouts is to use tax dollars to buy future votes for Democrats. Thus, his idea, while it might seem to have some merit, is a non-starter.Where are all the people who are protesting the bailout? I remember that the first proposed bailout drew massive protests.
And the media likes the bailouts because they're hoping to "git summathat".
If we had an opposition party, perhaps a case could be made in the public forum for why spending trillions of dollars -- which we don't have -- is a risky gambit. But the GOP rejected that course of action back in September.