Like millions of Americans, I am really skeptical about this whole 750 Billion bail out. And, I'm especially skeptical about the RUSH to spend the 750 Billion dollars of tax payers money ... which does not allow independent economists the time to properly investigate and evaluate this plan. In addition, Bush and the Democrats seem to be united on this bail out. My guess is that Bush wants to pay back big money Wall Street people, who helped him over the years ... and, since the Democrats expect to rule both houses and, possibly the White House ... they are salivating at the chance to control spending the 750 Billion. In spite of all the rhetoric about careful spending and oversight, the Democrats have already allocated 20% of this huge sum to fund crooked liberal programs, like Acorn. If we simply print Billions for bail outs, even if the market returns, inflation will make our currency virtually worthless.
P.S. Did anyone ask Alan Greenspan what he thinks???

seems to me that if the FDIC keeps shutting down the sub-prime and the more healthy (relative term) institutions snap up the losers (WaMu) at a bargain prices, that this works it self out without the government stepping in too much. Deregulate, kill capital gains taxes, give the market the incentive to purge the poison. We'll have a recession, but in the end the market won't be so double-minded.