“Doing nothing” e.g. letting the the banks fail WAS an option that is if we still value the free market. Over a hundred Republicans were willing to exercise this option. Now....because we did not choose that option, the likely result is bank nationalization or another massive bailout. The evidence is now obvious, that “doing something” was a tragic mistake. A “different type of plan” (at least of the type Gingrinch apparently preferred) would have probably been based on the same flawed bailout principle.
Yeah, I know. Sigh.