[girl_inzane]

That money will end up in the Lenders hands=Wall Street.

[hiztreebuff]

Actually that IS one of the goals of the "bail out". The goal is to increase liquidity and gives banks and the government -acquired mortgages to try to renegotiate those mortgages so that the people who have them will get the chance to refinance and keep their homes.

[Doncesar]

Yes, companies will have more liquidity; however the regular Joe will face the same debt and banks will not be willing to negotiate( why would they be... Government will pay for all loses, they'll get ALL their money anyway). There is little hope for people struggling to pay their houses and even if they manage to renegotiate their debt it still will be huge with no assets to back it up (Same boat after paying thousands in closing costs).

[Truth and Justice]

They don't deserve it. If they were too stupid to read and understand the terms and conditions of the mortgage CONTRACT why should the rest of us help them with money? Or, maybe they lied about their income or financial ability to pay. Also, the buyers that tried for homes that are overpriced and/or out of their budget are foolish. I don't reward lying, stupidity, or foolishness. Do you? The lenders are also to blame for offering no money down mortgages, ridiculously low initial rates, and real estate agents for not pre-qualifing potential buyers.

[barack_o]

This financial crisis had been solved already in its offing had the legislators did what people expect them to do. But a politician will always be politician. They are exploiting this situation to advance their political careers. Their political grandstanding betrays their self portrayed image as a public servant. They may not admit it but it clearly shows how they tackle the problem. They wanted publicity and make sure that they are getting noticed by their constituents, specially those seeking reelection. Now, people facing foreclosure need job so that they can continue paying their dues. Government may order mortgagor to give moratorium to borrowers, as precondition for bailout. These beleaguered financial institutions should be bailed out as soon as possible to avoid more job losses, and to start generation of new jobs.