You need to hear what Ron Paul said this morning on Late Edition for another (once considered the "conservative") view on the banking fiasco and the administration's proposal to fix it.
Ron Paul, Bailouts are a mistake; Late Edition (09/21/08)
Don't expect the major media to report even one word of it, though, as that would cause panic or, heaven forbid, angry phone calls to Republican "conservatives" in Congress demanding they adhere to the Constitution.
Ron Paul is right less often then a broken clock, as I Hagel and all the rest of the frauds. you can add McCain to the list as well IMO, but he is closer to the clock.