We can either bail everybody out, or we can make selective bailouts based on perceived merit... the latter is just a slower path to collapse.
The plundering of the treasury continues; the feral govt is still growing; the flagrant ignoring of the Constitution is ongoing.
Problem is the US gov has used the Fed Reserve as a bailout mechanism to paper over screw ups on Wall Street. Bailing out Wall Street has been going on since Bush41. The rational is to help protect the economy from suffering from the shock of malfeasance by bankers. Problem is the bankers promise the US Gov they learn their lesson and will not repeat the mistake again. Problem is each mess gets larger then the last, because within the ranks of CEO are sociopaths who hold power and don’t give a damn about his fellow execs and the corporation he is suppose to watch over. Once the gov bails out Wall Street, hard to tell Dems they cannot bailout GM to protect their supporter in the UAW. This is why I am glad the Tea Party candidates are finally figuring out how to win primaries. Hopefully these Liberty reps can counter the big business GOP/Dem in Congress and Senate. While the GOP is having their insurgency, if the Dems lose the Senate in 2014 and the WH in 2016, they will face a similar insurgency from OWS. OWS and TP share a common root, disdain for corporate welfare, the establishment and Wall Street. TP and OWS just have different vision and solutions for the problem.