Cheat Sheet

It just hit me now that the bailout was the biggest mistake the government could make...

Wasn't Secretary Paulson a CEO of some Wall Street Firm? Why does this never come up?
Didn't Congress once again hand over a blank check to the Bush Administration? First one, for Iraq, a war I too was against from the start. Got the George comment from people who were for it, Then you 'don't suppirt our troops and I said I do and understand their situation. The military is like a corporation and if you voice your disagreement you will pay the price.
The second blank check is called the $700 billion dollar bailout, T.A.R.P. I'd take the bet that any cent of it that can be handed over to line pockets will be. That money is the new no bid contract. I pray Obama gets an SEC chariman who understands the games the big wheels on Wall Street plays and isn't afraid to clean house. Accountability doesn't seem to apply in the corporate 'global' economy. It's a new system and they set all the rules and play them to their advantage and know they need to maximize their returns before a new sheriff gets to town. One that understands what they're doing and isn't afraid to say it. I've taken to watching Mad Money and I believe Jim Cramer has the knowledge to do it. He's the one guy I believe can help, although I'd hate to lose the show to DVR.
Where is the real help for the homeowner that Congress said would come with this? I know people who've been foreclosed and some who face it because a financial planner told them to take the equity out of their house and put it in the market. Congress' parting gift to taxpayers from Bush was this bailout money that wasn't thought through just passed in Bush panic and fear fashion.