Free Republic

Americans have begun an angry backlash against bailouts that could become a national revolt in 2009. The Federal Reserve has cut interest rates by some 500 basis points. Government agencies have poured close to $8 trillion into banking bailouts. The Treasury secretary has promoted massive government support of troubled, failed and corrupted institutions. This program is a 100 percent top-down exercise involving the largest amount of money in history. Virtually none of this money directly helps average Americans. Virtually none of it trickles down to the people who suffer the most and pay for the program. After $8 trillion we...