If you want banks to fail and 10-12% unemployment for years, then you are correct to hope the Gov't does nothing to save financial institutions.
I understand how serious Thursday was. I've been watching it for many, many months. If you cared to look at my posts from 4 months ago you would see that I warned about Lehman going bankrupt. It's not that hard to piece this puzzle together if you quit looking at it from just the mortgage perspective.
I don't want bank failures, and I don't want 10-12% unemployment. But, that is what this country is going to experience before it can get healthy again. Do we do it now? Or do we sit on our hands whistling Dixie and face it later in an even worse way?