The last time the executive branch warned of horrible consequences and rushed legislation through Congress we got the Patriot Act, which to this day threatens our civil liberties on an unprecedented scale.
The easy way out is to continue the same practices that got us to this point. We can put $700 billion, for starters, in the hands of Treasury Secretary Henry Paulson (a former CEO of Goldman Sachs) and Federal Reserve Chairman Ben Bernanke, and let them spend the money on whatever they wish.
This option will
only delay the economic downturn, which will only be worsened. It has already been delayed far too long, and we are all going to see some form of hardship because of it. Don't make it worse.
We must end the federal government's interference in the marketplace and truly embrace free market capitalism. A company that makes a bad investment must pay for it. And any person that spends more than he/she can afford must also pay. NO BAILOUTS for anyone.
The federal government is trying to scare us into accepting more tyranny. Don't fall for it.
Contact your Reps and tell them no bailouts.