A bailout should never have even been proposed. It is illegal and unconstitutional and any elected official who voted for it should be impeached. Period. The same goes for the Fannie Mae/Bank bail out.
Visit www.notyourstogive.org. It is a phenomenal piece by Col. David Crockett that will help anyone understand why this is a misappropriation of funds, illegal, and absolutely wrong.
It closes with the following quotation;
"A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largess from the public treasury. From that moment on, the majority always votes for candidates promising the most benefits from the public treasury, with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship."
"The average age of the world's greatest civilizations has been two hundred years. These nations have progressed through this sequence: From bondage to spiritual faith; from spiritual faith to great courage; from courage to liberty; from liberty to abundance; from abundance to complacency; from complacency to apathy; from apathy to dependence; from dependence back again into bondage."
The above was penned by Professor Alexander Tytler over 200 years ago while we were still a British colony.
I hope you will take the time to read and study that piece and then contact your local news media and elected officials.